Harshdeep Hortico Ltd.

Harshdeep Hortico Ltd.

BBSE:HARSHDEEP
86.11
INR
-4.40
(-4.86%)
1.22BMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
15.65
21.66
- -
38.64
34.48
42.15
- -
Basic EPS, GAAP
1.24
1.54
- -
5.25
6.03
7.78
- -
Free Cash Flow per Basic Share
0.87
1.82
- -
-21.63
0.3
-3.07
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
4.63
5.19
0.03
23.07
29.46
37.24
37.24
Tangible Book Value per Share
4.63
5.19
0.03
23.07
29.46
37.24
37.24
Basic Weighted Avg Shares
16
16
16
12
16
16
16
Sales/Revenue/Turnover
252
349
- -
482
555
678
- -
Operating Margin (%)
12.94
11.13
- -
18.97
20.31
24.17
- -
Depreciation Expense
15
16
- -
15
36
34
- -
Net Income, GAAP
20
25
- -
66
97
125
- -
Effective Tax Rate (%)
25.3
25.22
- -
24.86
14.97
21.95
- -
Profit Margin (%)
7.93
7.11
- -
13.58
17.48
18.46
- -
Working Capital
44
48
- -
253
335
432
432
LT Debt
45
42
- -
- -
- -
19
19
Total Equity
74
84
- -
371
474
599
599
Return on Invested Capital (%)
- -
21.57
- -
34.96
22.03
22.15
- -
Return on Capital (%)
- -
22.72
- -
37.54
22.97
22.89
- -
Return on Common Equity (%)
- -
31.35
-0.06
35.24
22.95
23.33
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
- -
17
24
LT Borrowings
- -
4
19
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
1,051
1,550
1,216

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
421
505
620
Cash, Cash Equivalents & STI
22
3
10
Accounts Receivable, Net
132
162
199
Inventories
236
300
382
Total Current Liabilities
86
140
188
Payables & Accruals
- -
- -
- -
ST Debt
- -
17
24
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
15,671.02%
26.4%
Free Cash Flow
- -
490,786.72%
-1,138.55%
Net Income, GAAP
- -
-48,538.3%
29.08%
Sales/Revenue/Turnover
- -
- -
22.24%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
482
2025
- -
- -
555
2026
- -
- -
678

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
5.25
2025
- -
- -
6.03
2026
- -
- -
7.78

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Hitesh Chunilal Shah
Full Time Employees
172
Sector
Consumer durables
Industry
Home furnishings
Address
Thane India
IPO Date
Feb 5, 2024
Business
Harshdeep Hortico Ltd. is an India-based company engaged in designing, manufacturing, and marketing indoor and outdoor pots, planters, and horticulture accessories for residential, commercial, and institutional landscaping applications. The company operates primarily under the Harshdeep brand, offering an extensive product portfolio categorized into plastic injection-molded pots; rotational-molded planters; fiber-reinforced plastic (FRP) planters; illuminated and LED-lit planters; self-watering and sub-irrigation planter systems; hanging, railing, and vertical garden planters; metal and ceramic decorative containers; and garden accessories, including watering cans, plant stands, potting media, and landscaping accents. Harshdeep Hortico serves individual retail consumers, interior designers, landscape architects, corporate campuses, hospitality venues, and commercial real estate developers through direct-to-consumer digital channels, leading e-commerce platforms, nursery distributors, and wholesale institutional networks across India, alongside export distribution in select international markets. Founded in 2022 following the corporate consolidation of its long-standing predecessor operations and headquartered in Mumbai, Maharashtra, the company maintains manufacturing and warehousing facilities in Maharashtra. In recent developments, Harshdeep Hortico completed its initial public offering on the BSE SME platform in 2024 to fund working capital requirements and enhance operational capacity, subsequently expanding its manufacturing infrastructure with high-efficiency automated molding machinery, accelerating direct-to-consumer digital sales channels, and broadening its eco-friendly product portfolio through the introduction of recycled-polymer and sustainable planter collections.