A leading micro-cap rice exporter saw its stock jump over 6 percent after reporting a remarkable 400 percent quarter-on-quarter profit growth. The strong performance has sparked investor interest, driving the stock higher amid positive market sentiment.
Price Variation
During Tuesday’s trading session, shares of Halder Venture Ltd climbed to an intra-day high of Rs.645.00 per share, rising from its previous close of Rs.605.60 apiece. The stock has later retreated to Rs.619.95 apiece. Over the past five years, the stock delivered over 1,342 percent returns.
Earnings Report
Halder Venture Ltd saw a notable upswing in its stock price, driven by strong growth in both revenue and net profit, as reflected in its latest financial performance.
In Q3 FY25, the company reported revenue of Rs.305.42 crore, marking a 127 percent increase from Rs.134.36 crore in Q3 FY24. On a quarterly basis, revenue surged 137 percent from Rs.129.02 crore in Q2FY25, highlighting robust business expansion.
Net profit for the quarter witnessed a significant year-on-year rise to Rs.13.45 crore, compared to the loss of Rs.1.93 crore in the similar quarter of previous year. Additionally, on a quarterly basis, net profit saw an impressive 400 percent jump from Rs.2.70 crore in Q2 FY25, demonstrating robust earnings growth.
At present, Halder Venture Ltd is trading at a Price-to-Earnings ratio of 4.77, significantly below the industry average of 44.87, indicating a relatively lower valuation. In terms of return metrics, the company’s Return on Capital Employed (ROCE) stands at 13.79 percent, while its Return on Equity (ROE) is 25.86 percent, reflecting its financial efficiency.
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International Trade
The company operates offices across several countries, including India, Ghana, Bangladesh, Benin, Cameroon, Singapore, and Togo. It imports goods from key global markets such as Ukraine, Brazil, Argentina, Indonesia, and Malaysia. Additionally, the company exports its products to a wide range of countries, including Sierra Leone, Lome, Russia, Nepal, Ivory Coast, Djibouti, Mali, Myanmar, China, Niger, Burkina Faso, Vietnam, The Gambia, and Togo.
Business Overview
Halder Venture Ltd, a key player in the Indian rice and edible oil industry, was established in 1982 and is part of the Halder Group. The group includes subsidiaries such as PK Agri Link Pvt. Ltd., PK Cereals Pvt. Ltd., and Jatadhari Rice Mills Pvt. Ltd. Headquartered in West Bengal, India, Halder Venture specializes in the trading and export of a variety of rice products and edible oils.
Subsidiaries Capacity
P.K. Agri Link Pvt. Ltd. (PKALPL), founded in 2008, focuses on manufacturing a range of oils, including rice bran oil, soybean oil, mustard oil, palmolein oil, sunflower oil, and de-oiled rice bran cake. The company has a solvent extraction capacity of 75,000 MTPA and a refinery capacity of 30,000 MTPA.
PK Cereals Pvt. Ltd. (PKCPL), established in 1989, is involved in rice processing and milling, with an annual manufacturing capacity of 24,000 MTPA.
Shri Jatadhari Rice Mills Pvt. Ltd. (SJMPL), founded in 2009, specializes in rice milling, including parboiled rice and rice for puffed rice. The facility, located in Kolkata, West Bengal, has a production capacity of 108,000 MTPA.
Written by – Siddesh S Raskar
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