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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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 31.5% Revenue Growth in Half-Year Results

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

Harshdeep Hortico Limited, a BSE SME-listed flowerpot manufacturer, announced strong financial results for H1 2025. Revenue from operations increased by 31.5% to ₹3,264.19 lakhs, while net profit grew by 35% to ₹570.18 lakhs compared to H1 2024. Earnings per share rose by 34.6% to ₹3.54. Total assets expanded by 23.7% to ₹6,771.76 lakhs from March 31, 2025. The Board of Directors approved these results on November 3, 2025, with statutory auditors issuing an unmodified conclusion.

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

Harshdeep Hortico Limited, a flowerpot manufacturer listed on the BSE SME Platform, has announced its unaudited financial results for the half-year ended September 30, 2025. The company has demonstrated significant growth across key financial metrics.

Financial Highlights

Metric H1 2025 H1 2024 YoY Change
Revenue from Operations (₹ in lakhs) 3,264.19 2,481.53 +31.5%
Net Profit (₹ in lakhs) 570.18 422.53 +35.0%
Earnings Per Share (₹) 3.54 2.63 +34.6%
Total Assets (₹ in lakhs)* 6,771.76 5,474.53 +23.7%

*Total Assets comparison is between September 30, 2025, and March 31, 2025.

Revenue and Profitability

The company's revenue from operations saw a substantial increase of 31.5% year-over-year, rising from ₹2,481.53 lakhs to ₹3,264.19 lakhs. This growth in revenue was accompanied by a 35.0% increase in net profit, which reached ₹570.18 lakhs compared to ₹422.53 lakhs in the corresponding previous period.

Earnings per share also showed significant improvement, increasing from ₹2.63 to ₹3.54, representing a 34.6% growth. This indicates enhanced profitability on a per-share basis.

Asset Growth

Harshdeep Hortico's total assets grew by 23.7% from ₹5,474.53 lakhs as of March 31, 2025, to ₹6,771.76 lakhs by the end of September 2025. This increase in assets over a six-month period suggests potential expansion or investment in the company's operations.

Corporate Governance and Compliance

The Board of Directors approved these financial results at their meeting held on November 3, 2025. The meeting, which commenced at 12:00 Noon and concluded at 12:45 PM, also saw the approval of the unaudited financial results as recommended by the Audit Committee.

In compliance with regulatory requirements, the company's statutory auditors, M/s. Kailash Chand Jain & Co, Chartered Accountants, issued an unmodified conclusion on the financial results.

The company has informed the BSE SME Platform about the outcome of the board meeting, adhering to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Harshdeep Hortico Limited's financial performance in the first half of the fiscal year 2025 reflects positively on its operational efficiency and market position in the flowerpot manufacturing sector.

Historical Stock Returns for Harshdeep Hortico

1 Day5 Days1 Month6 Months1 Year5 Years
+9.52%+3.32%-3.90%+27.26%+24.79%+42.71%
Harshdeep Hortico
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