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Upper Circuit Stock: Harshil Agrotech to Consider Interim Dividend, Expansion into Spices, and Bonus Shares

Written by: Team Angel OneUpdated on: 29 Aug 2025, 9:49 pm IST
Harshil Agrotech announces September 5 board meeting to discuss interim dividend, bonus shares, and expansion into spices processing, after strong Q1 profit jump to ₹6.52 crore.
Upper Circuit Stock: Harshil Agrotech to Consider Interim Dividend, Expansion into Spices, and Bonus Shares
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Harshil Agrotech Limited will hold a board meeting on September 5, 2025, at its Ahmedabad registered office to consider key proposals aimed at boosting shareholder value and business growth. 

The agenda includes the declaration of an interim dividend, approval of a bonus shares issue, and a strategic move to expand into spices processing and export markets. This business diversification is targeted at tapping into the robust global demand for Indian spices.

Harshil Agrotech Bonus and Interim Dividend 

The board will deliberate on rewarding shareholders through an interim dividend, strengthening equity through bonus shares, and diversifying product offerings by entering the spices segment. The company’s management emphasises this expansion as a natural extension of its existing agri-value chain capabilities, enhancing long-term growth prospects.

Previously this year, Harshil Agrotech successfully raised ₹49.38 crore via a Rights Issue to support its working capital and corporate purposes. The share capital increased significantly from 50.80 crore to 71.12 crore equity shares following the oversubscribed issue.

Harshil Agrotech Q1FY26 Earnings Results

For Q1 FY26 ended June 30, 2025, Harshil Agrotech reported a net profit of ₹6.52 crore, a 624% year-on-year rise from ₹0.90 crore in Q1 FY25 and a positive turnaround from a net loss of ₹0.78 crore in the previous quarter. Revenue surged to ₹59.89 crore from ₹11.36 crore a year earlier, demonstrating strong operational momentum.

Read More: Murae Organisor Evaluates ₹80 Crore Agro Infrastructure and R&D Initiatives!

Business Profile and Future Outlook

Established in 1956, the company trades agricultural commodities including wheat, rice, maize, fruits, and vegetables. It provides organic farming and greenhouse technology services to support sustainable agriculture and improve crop yields year-round. The planned expansion into spice processing will complement its existing portfolio, targeting export markets for high-quality Indian spices.

Harshil Agrotech Share Price Performance

On August 29, 2025, Harshil Agrotech share price opened at ₹1.38 on BSE, above the previous close of ₹1.32. During the day, it surged to ₹1.38 and dipped to ₹1.38. The stock is trading at ₹1.38 as of 9:23 AM. The stock registered a significant gain of 4.55%.

Over the past week, it has moved up by 9.52%, over the past month, it has moved up by 6.15%, and over the past 3 months, it has declined by 22.03%.

Conclusion

The upcoming board meeting of Harshil Agrotech could mark a significant phase in its growth trajectory, with potential interim dividends, bonus shares, and entry into spices processing. Supported by strong quarterly results and a recent capital raise, the company is set to strengthen shareholder value and strategically diversify its agri-business portfolio.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Aug 29, 2025, 1:21 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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