Harshil Agrotech Share Price Rises 5% After Q1 FY26 Results

Market Performance

Harshil Agrotech share price climbed sharply, hitting the upper circuit at ₹1.33 per share on Thursday. The penny stock witnessed:

• 5% surge in a single trading session
• 4% gain over the past five trading sessions
• 3% decline in the last one month

The stock has been highly volatile in the near-term. Currently, it trades 88% below its 52-week high of ₹11.79 recorded on November 12, 2024. It also touched a 52-week low of ₹1.18 on August 12, just ahead of the Q1 results announcement.

Despite recent volatility, Harshil Agrotech has delivered impressive long-term returns, rewarding investors with over 2,000% gains in the past five years.

Q1 FY26 Financial Highlights

Harshil Agrotech posted a notable turnaround in its June quarter performance:

• Net Profit (PAT): ₹6.5 crore compared to ₹90 lakh in the same quarter last year
• Previous quarter recorded a net loss of ₹78 lakh
• Revenue from operations: ₹58.9 crore, up 430% YoY from ₹11.3 crore
• Total expenses: ₹51 crore, increased from ₹10.1 crore in Q1 FY25

This strong quarterly performance drove the recent surge in the penny stock, reflecting the company’s recovery and growth momentum.

Company Overview

Harshil Agrotech Limited is engaged in the trading of agricultural goods, commodities, and agri-materials in India. Key details:

• Formerly known as Mirch Technologies (India) Limited
• Renamed to Harshil Agrotech Limited in September 2023
• Focuses on agri-trading and commodity markets, catering to domestic demand

Summary

Harshil Agrotech share price experienced a sharp spike after reporting a strong Q1 FY26 performance. With a net profit of ₹6.5 crore and a 430% YoY revenue growth, the company demonstrated a remarkable turnaround from previous losses. While the stock remains volatile in the short term, long-term investors have been rewarded with significant returns over the past five years.