Harshdeep Hortico Promoter Group Boosts Stake to 73.08% Through Open Market Purchases

1 min read     Updated on 02 Dec 2025, 12:16 PM
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Reviewed by
Naman SScanX News Team
Overview

Promoter group of Harshdeep Hortico increased their collective shareholding from 72.77% to 73.08% through open market purchases between August and November 2025. The group acquired 49,500 equity shares, with Neena Vijay Shah purchasing 24,000 shares, Deepti Hitesh Shah 9,000 shares, and Hitesh Chunilal Shah 16,500 shares. The promoter group now holds 1,17,60,980 shares out of the company's total 1,60,94,060 equity shares.

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*this image is generated using AI for illustrative purposes only.

Promoter group members of Harshdeep Hortico have increased their collective shareholding in the company through a series of open market purchases between August and November 2025. The group, led by Hitesh Chunilal Shah, acquired a total of 49,500 equity shares, raising their stake from 72.77% to 73.08% of the company's total voting capital.

Key Details of the Transaction

Aspect Details
Total Shares Acquired 49,500
Acquisition Period August to November 2025
Mode of Acquisition Open Market Purchases
Pre-transaction Shareholding 72.77%
Post-transaction Shareholding 73.08%
Total Voting Capital 1,60,94,060 equity shares

Breakdown of Acquisitions

Acquirer Shares Purchased Date of Purchase
Neena Vijay Shah 24,000 01 September 2025
Deepti Hitesh Shah 9,000 01 August 2025
Hitesh Chunilal Shah 16,500 28 November 2025

The promoter group, which includes Hitesh Chunilal Shah, Dipti Hitesh Shah, and Neena Vijay Shah, along with Persons Acting in Concert (PAC) such as Bhavana Mulchand Gala, Harshit Shah, and Megh Hitesh Shah, now holds a total of 1,17,60,980 shares in Harshdeep Hortico.

Harshdeep Hortico's equity shares are listed on the BSE Limited, with a total of 1,60,94,060 equity shares of face value Rs. 10/- each constituting the company's voting capital.

The company has duly reported these changes in shareholding as per the regulations set by the Securities and Exchange Board of India (SEBI) under the Substantial Acquisition of Shares and Takeovers Regulations, 2011.

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Harshdeep Hortico Reports 31% Revenue Growth in H1 FY26, Expands Product Portfolio

1 min read     Updated on 03 Nov 2025, 01:33 PM
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Reviewed by
Jubin VScanX News Team
Overview

Harshdeep Hortico Limited, a leading manufacturer of premium pots and planters in India, announced strong financial results for H1 FY26. The company's revenue from operations increased by 31% to ₹32.64 crore, while net profit grew by 35% to ₹5.70 crore. Earnings per share rose by 34.60% to ₹3.54. The company serves major clients like Adani, Reliance, and Tata, and is expanding its product portfolio with new ventures such as Muebles (garden furniture) and AgriShield (horticultural supplies). Harshdeep Hortico is also exploring growth opportunities in export markets.

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*this image is generated using AI for illustrative purposes only.

Harshdeep Hortico Limited, India's leading manufacturer of premium pots and planters, has announced its unaudited financial results for the half-year ended September 30, 2025, demonstrating significant growth across key financial metrics.

Financial Highlights

Metric H1 FY26 H1 FY25 YoY Change
Revenue from Operations (₹ in crore) 32.64 24.82 +31.00%
Net Profit (₹ in crore) 5.70 4.23 +35.00%
Earnings Per Share (₹) 3.54 2.63 +34.60%

Revenue and Profitability

Harshdeep Hortico's revenue from operations saw a substantial increase of 31% year-over-year, rising from ₹24.82 crore to ₹32.64 crore. This growth in revenue was accompanied by a 35% increase in net profit, which reached ₹5.70 crore compared to ₹4.23 crore in the corresponding previous period.

Earnings per share also showed significant improvement, increasing from ₹2.63 to ₹3.54, representing a 34.60% growth. This indicates enhanced profitability on a per-share basis.

Business Expansion and Client Base

Harshdeep Hortico serves prominent clients including Adani, Reliance, and Tata. The company is actively expanding its product portfolio through new ventures:

  1. Muebles: A new line of garden furniture
  2. AgriShield: Offering horticultural supplies

Additionally, the company is planning category expansion and exploring growth opportunities in export markets.

Corporate Governance and Compliance

The Board of Directors approved these financial results at their meeting held on November 3, 2025. In compliance with regulatory requirements, the company's statutory auditors issued an unmodified conclusion on the financial results.

Harshdeep Hortico Limited's financial performance in the first half of fiscal year 2026 reflects positively on its operational efficiency and market position in the premium pots and planters manufacturing sector, with promising initiatives for future growth.

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