Harshil Agrotech

Why is Harshil Agrotech Ltd falling/rising?

As of 23-Jun, Harshil Agrotech Ltd's stock price is at 0.33, reflecting a decline of 2.94% and significant underperformance compared to its sector and the Sensex. The stock has consistently traded below its moving averages and has seen a drop in investor participation, indicating a persistent downward trend.

As of 23-Jun, Harshil Agrotech Ltd's stock price is falling, currently at 0.33, which reflects a change of -0.01 or -2.94%. The stock has underperformed its sector by 2.04% today. Over the past week, the stock has shown no change, while it has declined by 8.33% over the past month. Year-to-date, the stock has decreased by 37.74%, significantly underperforming the benchmark Sensex, which has only fallen by 10.58% during the same period. <BR><BR>Additionally, the stock has been trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a consistent downward trend. There has also been a notable decline in investor participation, with delivery volume dropping by 15.64% compared to the 5-day average. This combination of factors contributes to the stock's current downward movement.

Which are the latest news on Harshil Agrotech?

How big is Harshil Agrotech?

As of 10th June, Harshil Agrotech Ltd has a market capitalization of 34.00 Cr and reported net sales of 111.81 Cr with a net loss of 2.52 Cr over the latest four quarters.

As of 10th June, Harshil Agrotech Ltd has a market capitalization of 34.00 Cr, which categorizes it as a Micro Cap company.<BR><BR>In the latest four quarters, Harshil Agrotech reported net sales of 111.81 Cr. However, the company experienced a net loss of 2.52 Cr during the same period.<BR><BR>The latest reporting period for the balance sheet is March 2025, with shareholder's funds amounting to 115.19 Cr and total assets valued at 118.61 Cr.

Who are in the management team of Harshil Agrotech?

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.

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>If you need more information about any specific member or their roles, feel free to ask!

Who are the peers of the Harshil Agrotech?

Harshil Agrotech's peers include Rasi Electrodes, Faalcon Concepts, Arigato Universe, SM Auto Stamping, Trans India, G G Dandekar, Miven Mach. Tool, Hawa Engineers, and Polymechplast Ma, with varying management risks and growth rates. Miven Mach. Tool has the highest 1-year return at 41.00%, while Trans India has the lowest at -77.49%, with Harshil Agrotech at -73.37%.

Peers: The peers of Harshil Agrotech are Rasi Electrodes, Faalcon Concepts, Arigato Universe, SM Auto Stamping, Trans India, G G Dandekar, Miven Mach. Tool, Hawa Engineers, and Polymechplast Ma.<BR><BR>Quality Snapshot: Below Average management risk is observed at Rasi Electrodes, Arigato Universe, and Trans India, while Average management risk is found at Faalcon Concepts, SM Auto Stamping, G G Dandekar, and Polymechplast Ma. Good management risk is noted at Hawa Engineers. Below Average growth is seen at Rasi Electrodes, Arigato Universe, G G Dandekar, and Polymechplast Ma, while Average growth is found at Faalcon Concepts, SM Auto Stamping, and Hawa Engineers. Good growth is exhibited by Trans India. Good capital structure is noted at Rasi Electrodes, SM Auto Stamping, Harshil Agrotech, G G Dandekar, and Polymechplast Ma, while Below Average capital structure is observed at Arigato Universe and Trans India.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Miven Mach. Tool at 41.00%, while the peer with the lowest 1-year return is Trans India at -77.49%. Harshil Agrotech's own 1-year return is -73.37%, which is better than Trans India but worse than Miven Mach. Tool. Additionally, Rasi Electrodes, Faalcon Concepts, Trans India, G G Dandekar, Hawa Engineers, and Polymechplast Ma all have negative six-month returns.

What does Harshil Agrotech do?

Harshil Agrotech Ltd, formerly Mirch Technologies, is a micro-cap company focused on industrial design and fabrication. As of December 2025, it reported net sales of 7 Cr and a net loss of 5 Cr, with a market cap of INR 34 Cr.

Overview: <BR>Harshil Agrotech Ltd is engaged in industrial design and fabrication within the industrial manufacturing sector and operates 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 reported net sales and net profit for December 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 7 Cr (Quarterly Results - Dec 2025) <BR>Most recent Net Profit: -5 Cr (Quarterly Results - Dec 2025) <BR>Market-cap value: INR 34 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 21 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: -2.12% <BR>Price to Book: 0.28<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

Should I buy, sell or hold Harshil Agrotech Ltd?

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.

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.

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.

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.

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!

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.

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.

Has Harshil Agrotech declared dividend?

No Dividend History Available