Harshdeep Hortico Limited's Board of Directors convened on May 4, 2026, and approved the audited standalone financial results for the half year and financial year ended March 31, 2026. The statutory audit was conducted by M/s. Kailash Chand Jain & Co., Chartered Accountants (FRN: 112318W), who issued an unmodified opinion on the standalone financial results, as confirmed under Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting commenced at 11:35 A.M. IST and concluded at 12:05 P.M. IST.

Key Board Decisions

At the meeting, the Board approved several significant resolutions, which are summarised below:

Mr. Ankit Manilal Gala, the newly appointed Internal Auditor, holds a commerce graduate degree and has cleared the IPCC Examination from the Institute of Chartered Accountants of India. He brings more than 15 years of experience in accounting and finance. His appointment is effective from May 4, 2026, for F.Y. 2026-2027.

Standalone Financial Performance

Harshdeep Hortico delivered a strong financial performance for FY26. Revenue from operations grew to Rs. 6,870.90 lakhs from Rs. 5,626.76 lakhs in the previous year. Total income for the full year stood at Rs. 6,874.46 lakhs, compared to Rs. 5,641.94 lakhs in FY25. Net profit from continuing operations increased to Rs. 1,252.13 lakhs from Rs. 970.08 lakhs in FY25. The following table presents the key financial metrics for the full year and the most recent half year:

Balance Sheet Highlights

The company's total assets expanded to Rs. 8,092.65 lakhs as at March 31, 2026, from Rs. 5,616.65 lakhs as at March 31, 2025. Shareholders' funds grew to Rs. 5,994.13 lakhs from Rs. 4,742.01 lakhs, driven by an increase in reserves and surplus to Rs. 4,384.72 lakhs from Rs. 3,132.60 lakhs. Key balance sheet items are presented below:

Cash Flow Summary

For the year ended March 31, 2026, net cash flow from operating activities stood at Rs. 357.44 lakhs, compared to Rs. 576.70 lakhs in the previous year. Cash used in investing activities was Rs. (840.32) lakhs, primarily on account of purchase of property, plant and equipment worth Rs. (851.27) lakhs. Cash generated from financing activities was Rs. 358.62 lakhs, driven by an increase in secured loans of Rs. 385.49 lakhs. The closing balance of cash and cash equivalents was Rs. 96.66 lakhs, compared to Rs. 220.92 lakhs at the start of the year.

Business Segment and Dividend

Harshdeep Hortico operates within a single business segment — the manufacturing of flower pots — as noted in the financial results in accordance with AS 17 "Segment Reporting". The Board has recommended a final dividend of Rs. 0.25 per equity share of Rs. 10 each (2.5%) for FY 2025-26, subject to approval by shareholders at the ensuing Annual General Meeting. Earnings per share (both basic and diluted) for FY26 stood at Rs. 7.78, compared to Rs. 6.03 in FY25, calculated on the weighted average of share capital outstanding during the year.

Harshdeep Hortico Limited has announced securing a significant purchase order from Lucknow International Airport Limited worth ₹50,74,002 for the supply of flower pots. The company disclosed this development on April 17, 2026, under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Order Details and Specifications

The purchase order encompasses the supply of different categories of flower pots that will be delivered directly to Lucknow Airport. The comprehensive order value of ₹50,74,002 is inclusive of all applicable taxes.

Regulatory Compliance and Transaction Details

The company has confirmed that this order represents a standard commercial transaction with no related party implications. The disclosure reveals that promoters and promoter group companies have no interest in Lucknow International Airport Limited, ensuring the transaction maintains arm's length commercial terms.

Business Significance

This order demonstrates Harshdeep Hortico Limited's capability to serve infrastructure projects, particularly in the aviation sector. The 90-day execution timeline indicates the company's readiness to fulfill substantial orders within defined delivery schedules.

Key Transaction Highlights:

• Domestic Focus: The order reinforces the company's position in the domestic market
• Infrastructure Segment: Expansion into airport infrastructure beautification projects
• Quality Assurance: Supply of different flower pot categories as per specific requirements
• Timely Execution: Committed 90-day delivery schedule

The announcement was signed by Hitesh Chunilal Shah, Managing Director (DIN: 09843633), confirming the company's commitment to transparent disclosure practices as required under SEBI regulations.