Harshil Agrotech Ltd. was listed on the NSE and BSE on December 24, 2003. In the last 5 years, its stock has given a massive return of more than 10,000%. Will Harshil Agrotech continue to provide such great returns in the future as well? Let’s explore Harshil Agrotech future growth potential and Harshil Agrotech share price target from 2025 to 2050 in this article
About Harshil Agrotech
Harshil Agrotech Limited was established in 1972. It mainly trades farm products like spices, grains, oil seeds, vegetables, and herbs. The company focuses on using eco-friendly farming methods while ensuring good quality products.
Harshil Agrotech Business Model
- Selling Farm Products: The company sells spices, grains, oil seeds, vegetables, herbs, and pickles to earn money.
- Helping Farmers with Greenhouses: It provides greenhouse farming services to help farmers grow crops in a better way.
- Supporting Organic Farming: Harshil Agrotech promotes natural farming and helps farmers grow crops without chemicals.
- Providing Modern Farming Solutions: The company teaches farmers new and improved ways to grow more crops efficiently.
- Contract Farming: It works with farmers to grow specific crops that are in high demand and then sells them in the market.
Harshil Agrotech Fundamental Analysis
| Stock Name | Harshil Agrotech Ltd. |
|---|---|
| Market Cap | ₹ 384 Cr. |
| 52W High | ₹ 19.3 |
| 52W Low | ₹ 0.83 |
| Stock P/E | 34.2 |
| Book Value | ₹ 0.86 |
| Dividend Yield | 0.00 % |
| ROCE | 16.4 % |
| ROE | 13.5 % |
| Face Value | ₹ 1.00 |
| Shareholders | Mar 2023 | Mar 2024 | Dec 2024 |
|---|---|---|---|
| Promoters | 70.03% | 0.00% | 0.00% |
| DIIs | 0.01% | 0.00% | 0.00% |
| Public | 29.96% | 100.00% | 99.99% |
| No. of Shareholders | 1,929 | 1,959 | 45,893 |
Key Factors Driving Harshil Agrotech Future Growth
- Demand for agricultural products: As India’s population grows and income rises, demand for agricultural products increases.
- Sustainable and Organic Farming: Harshil Agrotech promotes eco-friendly and organic farming, which is in high demand.
- Expanding Market Reach: Harshil Agrotech is growing its business in new areas, increasing its customer base.
- Experienced Leadership: Harshil Agrotech is managed by a skilled team with years of experience, helping in smart decision-making.
Pros of Harshil Agrotech
- Strong Sales Growth: Harshil Agrotech has achieved a strong sales growth of 108% CAGR over the last five years.
- Strong Profit Growth: Harshil Agrotech has achieved a strong profit growth of 79% CAGR over the last three years.
Cons of Harshil Agrotech
- Low Return on Capital Employed (ROCE): Harshil Agrotech’s 5-year average ROCE is 0.84%, indicating inefficient use of its capital to generate profits.
- Overvaluation Concern: Harshil Agrotech is trading at a PE ratio of 35.5 and a (P/B) ratio of 6.53, which shows that its stock is significantly overvalued. This high valuation may limit future upside potential and pose a risk of correction if market sentiment changes.
| Years | Target Price |
|---|---|
| Harshil Agrotech Share Price Target 2025 | ₹6.75 to ₹8.37 |
| Harshil Agrotech Share Price Target 2026 | ₹8.2 to ₹10.90 |
| Harshil Agrotech Share Price Target 2027 | ₹9.75 to ₹13.65 |
| Harshil Agrotech Share Price Target 2028 | ₹11.65 to ₹17.75 |
| Harshil Agrotech Share Price Target 2029 | ₹14 to ₹23 |
| Harshil Agrotech Share Price Target 2030 | ₹16.50 to ₹30.50 |
| Harshil Agrotech Share Price Target 2035 | ₹33.50 to ₹89.50 |
| Harshil Agrotech Share Price Target 2040 | ₹70 to ₹270 |
| Harshil Agrotech Share Price Target 2050 | ₹270 to ₹1600 |
Disclaimer
This article is for educational purposes only. It is not a stock recommendation and should not be treated as such. Please ask your financial advisor before making any investment decision.
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