Harshil Agrotech Ltd
Incorporated in 1972, Harshil Agrotech
Ltd trades Agriculture goods and Commodity
& Agri Materials[1]
- Market Cap ₹ 73.2 Cr.
- Current Price ₹ 1.03
- High / Low ₹ 19.3 / 0.95
- Stock P/E 4.57
- Book Value ₹ 1.62
- Dividend Yield 0.00 %
- ROCE 17.4 %
- ROE 16.4 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.64 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 99.6% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 267 days.
- Working capital days have increased from 230 days to 363 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 4 | 13 | 64 | 112 | |
0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 3 | 12 | 53 | 93 | |
Operating Profit | -0 | -0 | -0 | 0 | -0 | -0 | -0 | -1 | -0 | 1 | 1 | 11 | 19 |
OPM % | 28% | -70% | -950% | -106% | 17% | 8% | 17% | 17% | |||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | -0 | -0 | -0 | 0 | -0 | -0 | -0 | 1 | -0 | 1 | 1 | 11 | 19 |
Tax % | -12% | -61% | -31% | -100% | -31% | -26% | -22% | 29% | 47% | 20% | 26% | 6% | |
-0 | -0 | -0 | 0 | -0 | -0 | -0 | 1 | -0 | 1 | 1 | 10 | 16 | |
EPS in Rs | -0.31 | -0.15 | -0.25 | 0.07 | -0.23 | -0.22 | -0.32 | 0.77 | -0.19 | 0.49 | 0.05 | 0.15 | 0.23 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 337% |
3 Years: | 635% |
TTM: | 441% |
Compounded Profit Growth | |
---|---|
10 Years: | 51% |
5 Years: | 100% |
3 Years: | 272% |
TTM: | 1124% |
Stock Price CAGR | |
---|---|
10 Years: | 35% |
5 Years: | 63% |
3 Years: | % |
1 Year: | -89% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 17% |
Last Year: | 16% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.79 | 0.79 | 0.79 | 0.79 | 0.79 | 0.79 | 0.79 | 0.79 | 0.79 | 0.80 | 11 | 71 |
Reserves | -1 | -1 | -1 | -1 | -2 | -2 | -2 | -1 | -1 | -0 | 1 | 44 |
3 | 3 | 3 | 4 | 4 | 4 | 4 | 0 | 1 | 1 | 1 | 1 | |
2 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 3 | 11 | 3 | |
Total Liabilities | 5 | 4 | 4 | 4 | 4 | 3 | 3 | 0 | 2 | 4 | 23 | 119 |
4 | 4 | 4 | 3 | 3 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 |
1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 2 | 4 | 20 | 116 | |
Total Assets | 5 | 4 | 4 | 4 | 4 | 3 | 3 | 0 | 2 | 4 | 23 | 119 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | -0 | -0 | -0 | 0 | -0 | -0 | -1 | -0 | 0 | -8 | -44 | |
0 | 0 | 0 | 0 | 0 | -0 | 0 | 5 | -0 | 0 | -2 | -0 | |
1 | 0 | 0 | 0 | -0 | -0 | 0 | -4 | 0 | -0 | 10 | 93 | |
Net Cash Flow | -0 | -0 | 0 | 0 | 0 | -0 | 0 | 0 | -0 | 0 | 0 | 50 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 419 | 0 | 274 | 388 | 367 | 218 | 267 | |||||
Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 85 | ||||
Days Payable | 18 | |||||||||||
Cash Conversion Cycle | 419 | 0 | 274 | 388 | 367 | 218 | 334 | |||||
Working Capital Days | -2,010 | -4,059 | -34,949 | 433 | 67 | 260 | 363 | |||||
ROCE % | -18% | -15% | -15% | 1% | -12% | -12% | -19% | -45% | -34% | 86% | 16% | 17% |
Documents
Announcements
-
Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 Of SEBI (LODR)
Regulations, 2015.
8h - Board meeting Sept 23, 2025 to consider fund raising via QIP, preferential/private/right issue and other modes.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Sep - Newspaper publication of Notice of 52nd AGM of Harshil Agrotech Limited
- Reg. 34 (1) Annual Report. 6 Sep
-
Notice Of Shareholders Meeting To Be Held On September 28, 2025
6 Sep - AGM Sep 28, 2025: increase authorised capital to Rs100 crore; bonus issue Rs22.225 crore (10:32); auditor/director appointments
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On Today I.E. 05Th September, 2025
5 Sep - Board schedules AGM Sep 28; proposes 10:32 bonus and increases authorized capital to Rs100 crore; e-voting Sep25-27.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Overview:[1]
HAL (previously Mirchi Technologies Ltd) is in the business of preparing, manufacturing, processing, marketing, trading, import, export, improving, selling and dealing in agricultural food products like spices, oil seeds, grains, vegetables, herbs, pickles and other items derived from agricultural, farming or relevant activities