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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Jubin VergheseScanX News Team
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
-1.95%-3.95%+3.79%+45.19%+40.70%+48.27%
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Harshdeep Hortico Promoter Group Increases Stake to 72.83% Through Open Market Purchase

1 min read     Updated on 04 Sept 2025, 02:09 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Dipti Hitesh Shah, a promoter group member of Harshdeep Hortico Limited, acquired 9,000 equity shares through an open market purchase on September 1, 2025. This acquisition increased the promoter group's total holding from 72.77% to 72.83% of the company's voting rights, representing a 0.06% increase in stake. The transaction details were disclosed in a regulatory filing under SEBI regulations.

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

Harshdeep Hortico Limited, a company listed on the BSE, has reported a change in its promoter group shareholding. Dipti Hitesh Shah, a member of the promoter group, has acquired 9,000 equity shares through an open market purchase on September 1, 2025, according to a recent regulatory filing.

Shareholding Impact

The acquisition has resulted in an increase in the promoter group's total holding from 72.77% to 72.83% of the company's voting rights. This transaction represents a 0.06% increase in their stake relative to the total share capital of the company.

Transaction Details

  • Acquirer: Dipti Hitesh Shah
  • Number of Shares Acquired: 9,000
  • Mode of Acquisition: Open Market Purchase
  • Date of Acquisition: September 1, 2025

Promoter Group Composition

The promoter group of Harshdeep Hortico Limited includes:

  1. Dipti Hitesh Shah (Acquirer)
  2. Hitesh Chunilal Shah
  3. Bhavana Mulchand Gala
  4. Harshit Shah
  5. Megh Hitesh Shah

These individuals are considered persons acting in concert (PAC) as per the regulatory filing.

Shareholding Breakdown

Shareholder Before Acquisition After Acquisition
Dipti Hitesh Shah 169,150 (1.05%) 178,150 (1.11%)
Other PAC Members 11,542,330 (71.72%) 11,542,330 (71.72%)
Total Promoter Group 11,711,480 (72.77%) 11,720,480 (72.83%)

Company Share Capital

The equity share capital of Harshdeep Hortico Limited remains unchanged at 16,094,060 shares with a face value of Rs. 10 each. This transaction does not affect the total number of outstanding shares.

The company has made the necessary disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as required for such transactions. The filing was made on September 3, 2025, at Thane, following the completion of the share purchase.

Historical Stock Returns for Harshdeep Hortico

1 Day5 Days1 Month6 Months1 Year5 Years
-1.95%-3.95%+3.79%+45.19%+40.70%+48.27%
Harshdeep Hortico
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