Harshil Agrotech Receives Order Worth ₹113 Crores from Heera Merchants, Share Price in Focus

Harshil Agrotech Limited, a company specialising in the trading and processing of agricultural products, has announced the receipt of a work order from Heera Merchants valued at ₹113 Crores. The order involves the supply of various agricultural products, with a delivery timeline set within 45 days. This order is expected to contribute significantly to the company’s near-term revenues, subject to quality and timely execution.

Details of the Work Order Received By Harshil Agrotech

The work order from Heera Merchants includes the supply of wheat, potatoes, onions, hybrid tomatoes, fresh green chillies, and a mix of brinjal and capsicum. The total order value is ₹113.00 Crores (pre-tax), with the final quantity and quality being determined based on the buyer's weighbridge and quality control (QC) standards.

The payment terms for the order are as follows: 30% advance payment is required within 7 days of the work order confirmation, and the remaining 70% is payable upon delivery and inspection via RTGS/NEFT.

The goods are to be delivered to designated warehouses and cold storages in Ahmedabad, with a stringent cold chain requirement for perishable items. Additionally, the contract includes binding conditions such as adherence to APMC and FSSAI quality norms, liquidated damages for delays, and arbitration provisions in case of disputes, with Ahmedabad being the jurisdiction for legal matters.

Operational and Strategic Implications

This order aligns with Harshil Agrotech's core business of trading and processing agricultural products. The company aims to meet the supply requirements within the agreed timeframe and ensure the quality of products meets industry standards. The expected revenue from this order is a significant addition to the company's near-term earnings.

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Harshil Agrotech Share Price Performance

On September 29, 2025, Harshil Agrotech share price opened at ₹0.90 on BSE, above the previous close of ₹0.86. During the day, it surged to ₹0.90 and dipped to ₹0.89. The stock is trading at ₹0.90, hitting the upper circuit. The stock registered a significant gain of 4.65%.

Over the past week, it has declined by 4.26%, over the past month, it has declined by 34.78%, and over the past 3 months, it has declined by 41.56%.

Conclusion

Harshil Agrotech’s receipt of a ₹113 Crore work order from Heera Merchants marks a key milestone in the company's growth. This deal supports its business operations and is expected to have a meaningful impact on its revenue generation in the short term, provided all delivery and quality conditions are met as per the terms of the agreement.

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