Harshil Agrotech

Who are in the management team of Harshil Agrotech?

As of March 2023, the management team of Harshil Agrotech includes Yash Ghanshyambhai Savdhariya and Payal Ronak Shah as Independent Directors, Apurvkumar Pankajbhai Patel as Chairman (Non-Executive), Pankaj Kumar as Managing Director & CFO, and Jaydeep Bakul Shah as Additional Director.

As of March 2023, the management team of Harshil Agrotech includes the following individuals:<BR><BR>1. Yash Ghanshyambhai Savdhariya - Independent Director<BR>2. Payal Ronak Shah - Independent Director<BR>3. Apurvkumar Pankajbhai Patel - Chairman (Non-Executive)<BR>4. Pankaj Kumar - Managing Director & CFO<BR>5. Jaydeep Bakul Shah - Additional Director<BR><BR>This team comprises a mix of independent directors and executive leadership, including a managing director and a chairman.

What does Harshil Agrotech do?

Harshil Agrotech Ltd, formerly Mirch Technologies, is a micro-cap company focused on industrial design and fabrication. As of March 2025, it reported net sales of 2 Cr and a net loss of 1 Cr, with a market cap of Rs 125 Cr.

Overview: <BR>Harshil Agrotech Ltd is engaged in industrial design and fabrication within the industrial manufacturing sector and is classified as a micro-cap company.<BR><BR>History: <BR>Harshil Agrotech Ltd was originally incorporated as Mirch Technologies (India) Limited in 1972. The company underwent a name change to Harshil Agrotech Limited on September 11, 2023. The latest quarterly results report net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 2 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: -1 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 125 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 13.00 <BR>Industry P/E: 30 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.13 <BR>Return on Equity: 17.02% <BR>Price to Book: 2.15<BR><BR>Contact Details: <BR>Address: B-701 7th Floor Aurus Chambers, S S Amrutwar Marg Worli Mumbai Maharashtra : 400013 <BR>Tel: 91-022-39469466 <BR>Email: uvwtskl@gmail.com <BR>Website: http://www.mirchtechnologies.in

Has Harshil Agrotech declared dividend?

No Dividend History Available

Who are the peers of the Harshil Agrotech?

Harshil Agrotech's peers include Kaynes Tech, Honeywell Auto, Jyoti CNC Auto, LMW, Jupiter Wagons, Atam Valves, Cospower Engine, Sona Machinery, and United Heat. While Harshil Agrotech shows good management risk and excellent growth, it has the lowest 1-year return among its peers at -88.34%.

Peers: The peers of Harshil Agrotech are Kaynes Tech, Honeywell Auto, Jyoti CNC Auto., LMW, Jupiter Wagons, Atam Valves, Cospower Engine., Sona Machinery, United Heat.<BR><BR>Quality Snapshot: Excellent management risk is observed at Honeywell Auto, Jyoti CNC Auto., Atam Valves, Cospower Engine., Sona Machinery, and Electro Force, while Good management risk is found at Harshil Agrotech, Kaynes Tech, and Jupiter Wagons. Average management risk is noted at LMW and United Heat. For growth, Excellent growth is seen at Kaynes Tech, Jyoti CNC Auto., and Jupiter Wagons, while Below Average growth is observed at Honeywell Auto, LMW, Atam Valves, Cospower Engine., Sona Machinery, and Electro Force, with Harshil Agrotech also showing Excellent growth. Capital Structure ratings show Excellent at Honeywell Auto, LMW, and Sona Machinery, Good at Harshil Agrotech, Kaynes Tech, Atam Valves, and Average at LMW and United Heat.<BR><BR>Return Snapshot: Cospower Engine. has the highest 1-year return at 182.88%, while Harshil Agrotech has the lowest at -88.34%. This indicates that Harshil Agrotech's return is significantly lower than that of Cospower Engine. Additionally, peers with negative six-month returns include Harshil Agrotech, LMW, Jupiter Wagons, Atam Valves, and United Heat.

What is the technical trend for Harshil Agrotech?

As of May 3, 2025, Harshil Agrotech's technical trend has shifted to bearish, with daily moving averages and weekly indicators showing negative momentum, despite some mixed signals from the MACD across different time frames.

As of 3 May 2025, the technical trend for Harshil Agrotech has changed from mildly bearish to bearish. The current stance is bearish with moderate strength, primarily driven by the daily moving averages indicating bearish momentum and the weekly KST and Dow Theory also showing bearish signals. The MACD on a monthly basis is bearish, while the weekly MACD is mildly bullish, suggesting mixed signals across time frames. The Bollinger Bands and the weekly indicators further support a mildly bearish outlook. Overall, the technical indicators reflect a negative sentiment in the market for Harshil Agrotech.

Who are the top shareholders of the Harshil Agrotech?

The top shareholders of Harshil Agrotech include promoter Pankajkumar Patel with a 0.0% stake, Strotram Globe Private Limited with 11.33%, and individual investors holding 63.0% of the shares. There are no mutual funds or foreign institutional investors involved.

The top shareholders of Harshil Agrotech include Pankajkumar Patel, who is the promoter with the highest holding, although his stake is listed as 0.0%. The highest public shareholder is Strotram Globe Private Limited, which holds 11.33% of the company's shares. Additionally, individual investors collectively hold a significant portion, accounting for 63.0% of the shares. There are no mutual funds or foreign institutional investors currently holding shares in the company.

How big is Harshil Agrotech?

As of 24th July, Harshil Agrotech Ltd has a market capitalization of 97.00 Cr, with Net Sales of 63.53 Cr and a Net Profit of 10.40 Cr reported in the latest four quarters. Shareholder's Funds are 11.42 Cr and Total Assets are 22.58 Cr as of March 2024.

As of 24th July, Harshil Agrotech Ltd has a market capitalization of 97.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Harshil Agrotech reported Net Sales of 63.53 Cr and a Net Profit of 10.40 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds reported at 11.42 Cr and Total Assets at 22.58 Cr.

What is the bonus history of Harshil Agrotech?

Harshil Agrotech announced a bonus issue at a ratio of 10:32, with both the record date and ex-date on October 10, 2025. Shareholders will receive 10 additional shares for every 32 shares held.

Harshil Agrotech has a recent bonus issue announced at a ratio of 10:32, with both the record date and ex-date set for October 10, 2025. This means that for every 32 shares held, shareholders will receive an additional 10 shares as part of this bonus issue. If you have any more questions about the company or its financial actions, feel free to ask!

When is the next results date for Harshil Agrotech?

Harshil Agrotech will announce its results on 14 November 2025.

Harshil Agrotech will declare its results on 14 November 2025.

How has been the historical performance of Harshil Agrotech?

Harshil Agrotech has shown significant growth from March 2023 to March 2025, with net sales increasing from 3.84 crore to 63.53 crore and profit after tax rising from 0.54 crore to 10.39 crore, alongside a substantial rise in total assets and cash flow. The company's operating profit margin also improved slightly during this period.

Answer:<BR>The historical performance of Harshil Agrotech shows significant growth in net sales and profitability over the years, particularly from March 2023 to March 2025.<BR><BR>Breakdown:<BR>Harshil Agrotech's net sales have increased dramatically from 3.84 crore in March 2023 to 63.53 crore in March 2025, indicating a strong upward trend. The total operating income followed suit, rising from 3.84 crore in March 2023 to 63.53 crore in March 2025. The company has also seen a notable improvement in operating profit, which rose from 0.65 crore in March 2023 to 11.07 crore in March 2025, reflecting an operating profit margin increase from 16.93% to 17.27% during the same period. Profit before tax also rose significantly from 0.68 crore in March 2023 to 11.06 crore in March 2025, with profit after tax increasing from 0.54 crore to 10.39 crore. The company's total assets grew from 3.98 crore in March 2023 to 118.61 crore in March 2025, while total liabilities increased from 3.98 crore to 118.61 crore as well. Cash flow from financing activities surged to 93 crore in March 2025, contributing to a net cash inflow of 49 crore for the year. Overall, Harshil Agrotech has demonstrated robust growth in both revenue and profitability, alongside a significant increase in assets and cash flow.

Is Harshil Agrotech overvalued or undervalued?

As of December 2, 2025, Harshil Agrotech is considered very attractive and undervalued with a low PE ratio of 5.72, price to book value of 0.40, and EV to EBITDA of 5.68, especially when compared to peers like PTC India and Elitecon International, despite a year-to-date stock decline of 79.53%.

As of 2 December 2025, the valuation grade for Harshil Agrotech has moved from attractive to very attractive, indicating a significant improvement in its valuation outlook. The company is currently assessed as undervalued, particularly given its low PE ratio of 5.72, price to book value of 0.40, and EV to EBITDA of 5.68. These ratios suggest that the stock is trading at a substantial discount compared to its earnings and asset values.<BR><BR>In comparison to peers, Harshil Agrotech's valuation metrics stand out. For instance, PTC India, which is also rated very attractive, has a PE ratio of 7.2, while Elitecon International is deemed very expensive with a PE ratio of 206.74. This stark contrast reinforces the notion that Harshil Agrotech is undervalued relative to its industry peers. Despite recent poor stock performance, including a year-to-date decline of 79.53%, the company's valuation metrics suggest that it presents a compelling investment opportunity in the industrial manufacturing sector.

Are Harshil Agrotech Ltd latest results good or bad?

Harshil Agrotech Ltd's latest results are concerning, with a net profit of -₹5.36 crore and an 82.86% revenue decline to ₹7.25 crore in Q3 FY26, indicating severe operational challenges and raising doubts about the company's future sustainability.

The latest results for Harshil Agrotech Ltd are quite concerning. In Q3 FY26, the company reported a net profit of -₹5.36 crore, a significant decline from a profit of ₹5.48 crore in the same quarter last year. Revenue also plummeted to ₹7.25 crore, marking an 82.86% sequential decline from ₹42.29 crore in Q2 FY26 and a 71.82% decrease year-on-year from ₹25.73 crore in Q3 FY25.<BR><BR>The operating margin has deteriorated drastically to -73.79%, compared to a positive margin of 20.79% in the previous year. This indicates severe operational challenges and a lack of cost management flexibility. Additionally, the stock has seen a dramatic decline of 85.91% over the past year, reflecting deep market skepticism regarding the company's future prospects.<BR><BR>Overall, these results suggest a catastrophic operational breakdown, raising serious concerns about the sustainability of Harshil Agrotech's business model and its ability to recover from this downturn.

Should I buy, sell or hold Harshil Agrotech Ltd?

Which are the latest news on Harshil Agrotech?

Why is Harshil Agrotech Ltd falling/rising?

As of 17-Mar, Harshil Agrotech Ltd's stock price is at 0.37, down 2.63%, and has significantly underperformed with a 91.79% decline over the past year. The stock is in a bearish trend, trading below all key moving averages, despite increased investor participation.

As of 17-Mar, Harshil Agrotech Ltd's stock price is falling, currently at 0.37, reflecting a change of -0.01 or -2.63%. The stock has been underperforming significantly, with a decline of -5.13% over the past week, -11.90% over the past month, and a staggering -91.79% over the past year, compared to a positive return of +2.56% for the Sensex during the same period. <BR><BR>Today, the stock has underperformed its sector by -3.1% and has experienced a consecutive fall for the last three days, resulting in a total decline of -7.5% in that timeframe. Additionally, Harshil Agrotech is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. <BR><BR>Despite a rise in investor participation, with a delivery volume increase of 16.24% against the 5-day average, the overall performance and liquidity metrics suggest that the stock is struggling to gain traction in the market.

Why is Harshil Agrotech Ltd falling/rising?

As of 18-Mar, Harshil Agrotech Ltd's stock price is rising to 0.40, reflecting an 8.11% increase after a trend reversal and outperforming its sector by 6.62%. Increased investor participation, with a significant rise in delivery volume, also supports this upward movement despite the stock being below longer-term moving averages.

As of 18-Mar, Harshil Agrotech Ltd's stock price is rising, currently at 0.40, which reflects a change of 0.03 or an increase of 8.11%. This upward movement comes after a trend reversal, as the stock has gained after four consecutive days of decline. Additionally, the stock has outperformed its sector by 6.62% today, indicating a stronger performance relative to its peers.<BR><BR>Investor participation has also increased, with a delivery volume of 30.82 lacs on 17 March, which is a rise of 50.82% compared to the five-day average delivery volume. This suggests growing interest among investors, contributing to the stock's price increase. While the stock remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages, it is currently higher than the 5-day moving average, indicating a short-term positive trend.<BR><BR>Overall, the combination of a recent trend reversal, increased investor participation, and outperformance against the sector are key factors contributing to the rise in Harshil Agrotech Ltd's stock price.

Why is Harshil Agrotech Ltd falling/rising?

As of 19-Mar, Harshil Agrotech Ltd's stock price is at 0.39, reflecting a 2.5% decline. The stock has experienced significant drops over various periods, including a year-to-date decrease of 26.42% and a yearly decline of 91.64%, indicating a bearish trend and reduced investor participation.

As of 19-Mar, Harshil Agrotech Ltd's stock price is falling, currently at 0.39, which reflects a decrease of 0.01 or 2.5%. This decline is evident in the stock's performance over various periods, showing a 1-week drop of 2.50%, a 1-month decrease of 4.88%, and a significant year-to-date decline of 26.42%. Over the past year, the stock has plummeted by 91.64, contrasting sharply with the Sensex, which has only decreased by 1.65% during the same timeframe.<BR><BR>Today's trading activity indicates that Harshil Agrotech is underperforming relative to its sector, despite a slight outperformance of 1.11%. However, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 29.61% compared to the 5-day average. This decline in trading activity, combined with the overall negative performance metrics, contributes to the stock's downward movement.

Why is Harshil Agrotech Ltd falling/rising?

As of 20-Mar, Harshil Agrotech Ltd's stock price is at 0.38, with a year-to-date decline of 28.30% and underperformance against the benchmark Sensex. The stock is trading below all moving averages, indicating a bearish trend and reduced investor participation.

As of 20-Mar, Harshil Agrotech Ltd's stock price is currently at 0.38, showing no change (0.00%). The stock has been underperforming compared to the benchmark Sensex, with a performance today that is 1.55% lower than its sector. Over the past week, the stock has decreased by 2.56%, and it has experienced a significant decline of 28.30% year-to-date. <BR><BR>The stock is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Additionally, there has been a notable drop in investor participation, with delivery volume on 19 March falling by 31.2% compared to the 5-day average. This decline in trading activity suggests a lack of interest from investors, contributing to the stock's downward movement. <BR><BR>Overall, the combination of underperformance against the benchmark, declining moving averages, and reduced investor participation are key factors leading to the falling stock price of Harshil Agrotech Ltd.

Why is Harshil Agrotech Ltd falling/rising?

As of 23-Mar, Harshil Agrotech Ltd's stock price is at 0.36, reflecting a 5.26% decline and significant underperformance over various periods. The company faces serious financial struggles, including an operating loss and negative EBITDA, contributing to a bearish trend and decreased investor confidence.

As of 23-Mar, Harshil Agrotech Ltd's stock price is falling, currently at 0.36, which reflects a decrease of 0.02 or 5.26%. This decline is part of a broader trend, as the stock has underperformed significantly over various time periods, including a 1-week drop of 5.26%, a 1-month decline of 10.00%, and a staggering 91.97% decrease over the past year. <BR><BR>The company's performance metrics indicate serious financial struggles, with an operating loss reported and a negative EBITDA, which suggests that the company is not generating sufficient earnings to cover its expenses. The latest quarterly results showed a substantial fall in profit after tax (PAT) of 357.7% compared to the previous four-quarter average, further highlighting the company's weak financial position. <BR><BR>Additionally, the stock is trading below all key moving averages, indicating a bearish trend, and it is close to its 52-week low, just 2.78% away from a low of Rs 0.35. Investor participation has also decreased, with delivery volume falling by 30.15% against the 5-day average, suggesting a lack of confidence among investors. <BR><BR>Overall, the combination of poor financial results, significant underperformance relative to benchmarks, and declining investor interest are key factors contributing to the stock's current downward trajectory.

Why is Harshil Agrotech Ltd falling/rising?

As of 24-Mar, Harshil Agrotech Ltd's stock price is rising to 0.37, reflecting a 2.78% increase and notable investor participation. However, it has declined significantly over the year, down 91.59%, and is trading below its moving averages, indicating a longer-term downward trend.

As of 24-Mar, Harshil Agrotech Ltd's stock price is rising, currently at 0.37, with a change of 0.01, reflecting an increase of 2.78%. This rise is notable as the stock has outperformed its sector by 1.89% today. Additionally, there has been a significant increase in investor participation, with a delivery volume of 25.66 lacs on 23 March, which is up by 30.26% compared to the 5-day average delivery volume. <BR><BR>However, it is important to consider that despite this positive movement today, the stock has experienced substantial declines over longer periods. For instance, it has fallen by 30.19% year-to-date and 91.59% over the past year. Furthermore, the stock is currently trading below its moving averages across various time frames, indicating a longer-term downward trend. <BR><BR>In summary, while Harshil Agrotech Ltd is experiencing a short-term rise in stock price due to increased investor participation and sector outperformance, it is essential to recognize the broader context of its significant declines over the past year and other time frames.

Why is Harshil Agrotech Ltd falling/rising?

As of 25-Mar, Harshil Agrotech Ltd's stock price is at 0.36, reflecting a significant decline of 32.08% year-to-date and 91.66% over the past year, underperforming both its sector and the Sensex. The stock is trading near its 52-week low and below key moving averages, indicating a bearish trend despite increased investor participation.

As of 25-Mar, Harshil Agrotech Ltd's stock price is currently at 0.36, with no change from the previous day. The stock has been experiencing a significant decline over various periods, with a year-to-date drop of 32.08% and a staggering 91.66% decrease over the past year. This underperformance is starkly contrasted with the Sensex, which has only fallen by 11.67% year-to-date.<BR><BR>Today, the stock is trading close to its 52-week low, being just 2.78% away from the low of Rs 0.35. Additionally, it has underperformed its sector by 2.5%. The stock is also trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.<BR><BR>Despite these negative indicators, there has been a notable increase in investor participation, with delivery volume rising by 84.97% against the 5-day average. However, this increase in trading volume does not seem to be enough to counteract the overall downward trend in the stock's price.<BR><BR>In summary, Harshil Agrotech Ltd is falling primarily due to its significant historical declines, underperformance relative to the sector and benchmark indices, and trading below key moving averages, despite a rise in investor participation.