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HARSHIL AGROTECH : Q4 2024 Financial Quarterly Report : YoY Sales Up 228.29 %, QoQ Up 4.93 %

June 24, 2024June 24, 2024| adminadmin| 0 Comments| 5:05 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 228.29 % in the past year, substantial increase in net sales/revenue by 4.93 %.
  • Income over the Year and quarter:
  • Profit over the Year and quarter: Significant improvement in profitability for HARSHIL AGROTECH LIMITED. Notable increase of 325 % in net profit Year to Year, HARSHIL AGROTECH LIMITED’s profitability dropped by -74.88 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -66.67 % Year to Year. EPS decreased by -73.68 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of HARSHIL AGROTECH LIMITED”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 1.011 Cr Rs. 3.163 Cr Rs. 3.319 Cr + 4.93 % + 228.29 %
Expenses Rs. 1 Cr Rs. 2.93 Cr Rs. 3.31 Cr + 12.97 % + 231 %
Operating Profit Rs. 0.01 Cr Rs. 0.23 Cr Rs. 0.01 Cr -95.65 % + 0 %
OPM % 0.99 % 7.27 % 0.3 % -6.97 % -0.69 %
Other Income Rs. -0 Cr Rs. -0 Cr Rs. 0.1 Cr 0 % 0 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Profit before tax Rs. 0.01 Cr Rs. 0.23 Cr Rs. 0.11 Cr -52.17 % + 1000 %
Tax % -134.29 % 12.88 % 52.34 % + 39.46 % + 186.63 %
Net Profit Rs. 0.01 Cr Rs. 0.2 Cr Rs. 0.05 Cr -75 % + 400 %
EPS in Rs Rs. 0.15 Rs. 0.19 Rs. 0.05 -73.68 % -66.67 %


Today, we’re looking at HARSHIL AGROTECH LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 228.29 %. However, it did see a marginal increase of 4.93 % from the previous quarter. Expenses ticked up slightly by 12.97 % quarter-on-quarter, aligning with the annual rise of 231 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter dip of -95.65 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.69 %, but a shrinkage of -6.97 % sequentially. Profit before tax grew annually by 1000 % but saw a reduction from the preceding quarter by -52.17 %.
Tax expenses as a percentage of profits increased slightly by 186.63 % compared to last year, with a more notable quarter-on-quarter increase of 39.46 %. Net profit rose by 400 % year-on-year but witnessed a -75 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -66.67 % but a quarterly fall of -73.68 %. In summary, HARSHIL AGROTECH LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 1.011 Cr Rs. 3.163 Cr Rs. 3.319 Cr + 4.93 % + 228.29 %
Expenses Rs. 1 Cr Rs. 2.93 Cr Rs. 3.31 Cr + 12.97 % + 231 %
Operating Profit Rs. 0.01 Cr Rs. 0.23 Cr Rs. 0.01 Cr -95.65 % + 0 %
Net Profit Rs. 0.01 Cr Rs. 0.2 Cr Rs. 0.05 Cr -75 % + 400 %
EPS in Rs Rs. 0.15 Rs. 0.19 Rs. 0.05 -73.68 % -66.67 %


In reviewing HARSHIL AGROTECH LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 228.29 % year-on-year growth, however, there was a minor increase of 4.93 % from the previous quarter. Expenses rose by 231 % compared to the previous year, with a 12.97 % increase quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a -95.65 % decrease from the last quarter.
Net Profit showed yearly increase of 400 %, and experienced a -75 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -66.67 % annually, however dipped by -73.68 % compared to the last quarter. In essence, while HARSHIL AGROTECH LIMITED faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

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