The shares of Penny stock company, specializing in trading and exporting agricultural products, hit a 5 percent upper circuit upon declaring Q4 results with a 300 percent rise in Revenue (QoQ).
With a market capitalization of Rs. 21.01 crores on Tuesday, the shares of Neelkanth Ltd hit a 5 percent upper circuit, making a high of Rs. 48.20 per share compared to its previous closing price of Rs. 45.92 per share.
Neelkanth Ltd, engaged in trading and exporting agricultural products, has announced its Q4 results as follows. Its Revenue from operations rose by 148 percent YoY from Rs. 1.03 Crores in Q4FY24 to Rs. 2.56 Crores in Q4FY25, and it rose by 300 percent QoQ from Rs. 0.64 Crores in Q3FY25 to Rs. 2.56 Crores in Q4FY25. Its Net Profit YoY rose by 109 percent from Rs. 0.11 Crores in Q4FY24 to Rs. 0.23 Crores in Q4FY25, and in QoQ from a loss of Rs. 0.05 Crores in Q3FY25 turned to a profit of Rs. 0.23 Crores in Q4FY25.
The earnings per share (EPS) for the quarter stood at Rs. 0.52, compared to Rs. 0.24 in last year’s March Quarter. The company has a low debt-to-equity ratio of 0.06, reflecting strong financial health, and promoter shareholding is above 65 percent, indicating high promoter confidence.
Segment-wise Revenue & others
For Q4, the Agro segment reported net revenue of Rs. 2.56 crores, up from Rs. 0.64 crores in the previous quarter, and there was no revenue reported under the ‘Others’ segment for both periods.
Neelkanth Limited, formerly known as R T Exports Limited, is an India-based company engaged primarily in the export and domestic trading of agricultural products, mainly rice. Incorporated in 1980 and promoted by the Bhimjyani family.
The company sources high-quality basmati rice from Bundi, Rajasthan, and exports it under the brand name “White Pearl” to markets including the USA, UK, Europe, and Gulf countries. With its headquarters in Mumbai, Neelkanth Limited has established a reputation for quality in the international market.
Written by Sridhar J
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