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?

Why is Harshil Agrotech Ltd falling/rising?

As of 07-Feb, Harshil Agrotech Ltd's stock price is 0.43, unchanged from the previous day, and has significantly underperformed with an 18.87% year-to-date drop and an 86.50% decline over the past year. Despite a recent increase in investor participation, the stock remains below all key moving averages, indicating a bearish trend.

As of 07-Feb, Harshil Agrotech Ltd's stock price is currently at 0.43, with no change from the previous day. The stock has shown a significant decline over various periods, with a year-to-date drop of 18.87% and a staggering 86.50% decrease over the past year. In comparison, the benchmark Sensex has only declined by 1.92% year-to-date and increased by 7.07% over the past year, indicating that Harshil Agrotech Ltd is underperforming relative to the broader market.<BR><BR>Despite today's performance showing that the stock outperformed its sector by 0.7%, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This suggests a bearish trend in the stock's price movement. However, there has been a notable increase in investor participation, with delivery volume rising by 305% against the 5-day average, which could indicate some interest from investors despite the overall downward trend.<BR><BR>In summary, the stock of Harshil Agrotech Ltd is falling primarily due to its significant historical declines compared to the benchmark and its current trading position below key moving averages, despite some positive signs in investor participation.

Which are the latest news on Harshil Agrotech?