Synopsis:
Harshil Agrotech Limited has secured a significant Rs. 113 crore work order from Heera Merchants for supplying multiple agricultural commodities, including wheat, potatoes, onions, and vegetables, to Ahmedabad APMC and designated warehouses within 45 days.
This company is in the business of preparing, manufacturing, processing, marketing, trading, import, export, improving, selling and dealing in agricultural food products is now in the focus after securing an order to Heera Merchants.
With market capitalization of Rs. 61.2 cr, the shares of Harshil Agrotech Limited are closed at Rs. 0.86 per share, At opening, the stock had hit the upper circuit and was trading at that levels until 2:50 PM during trading hours, but ended the day near the 5% lower circuit, from its previous close of Rs. 0.90 per share.
About the order
Harshil Agrotech Limited, a company specializing in trading and processing agricultural products, has received a Work Order/Purchase Order worth Rs. 113 crore from Heera Merchants, a domestic customer based in Ahmedabad. The order covers the supply of multiple commodities, including Wheat (Grade-A), Potato, Onion, Tomato (Hybrid), Green Chilli (Fresh), and Brinjal/Capsicum mix.
The order is to be executed within 45 days from the Work Order date in mutually agreed tranches. Deliveries will be made to Ahmedabad APMC and buyer-designated warehouses or cold storages. The company will ensure proper logistics, including packaging and maintaining a cold chain for perishable items.
Payment terms include 30% advance within 7 days of confirmation and 70% payment against delivery and inspection via RTGS/NEFT. This order aligns with the core business operations of Harshil Agrotech Limited and is expected to contribute significantly to near-term revenues.
About the company
Harshil Agrotech Limited is a Gujarat-based company engaged in the trading and processing of agricultural products. The company specializes in supplying grains and fresh vegetables, serving domestic markets with a focus on quality, timely delivery, and compliance with regulatory standards.
The company has demonstrated strong year-on-year growth, with sales rising 427% to Rs. 59.9 crore in Q1FY26 from Rs. 11.4 crore in Q1FY25. EBITDA surged 641% to Rs. 8.82 crore, while net profit increased 626% to Rs. 6.53 crore. Earnings per share improved to Rs. 0.09 from Rs. 0.06.
Written by Manideep Appana
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