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 4400%. Will Harshil Agrotech continue to provide such great returns in the future as well? Let’s explore Harshil Agrotech’s future growth potential and the Harshil Agrotech share price target 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 | ₹ 161 Cr. |
| 52W High | ₹ 19.3 |
| 52W Low | ₹ 1.88 |
| Stock P/E | 14.3 |
| Book Value | ₹ 0.86 |
| Dividend Yield | 0.00 % |
| ROCE | 16.4 % |
| ROE | 13.5 % |
| Face Value | ₹ 1.00 |
| Industry PE | 27.6 |
| Price to book value | 2.62 |
| Debt to equity | 0.01 |
| PEG Ratio | 0.36 |
| Quick ratio | 30.6 |
| Shareholders | March 2023 | March 2024 | March 2025 |
|---|---|---|---|
| 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 | 49,412 |
Key Factors Driving Harshil Agrotech’s 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.
- .Low PE Ratio Compared to Peers: Harshil Agrotech’s PE ratio is 14.3, which is lower than the industry average of 27.6, making it relatively undervalued and potentially a good investment opportunity.
- Debt Free Company: Harshil Agrotech is almost a debt-free company with a debt-to-equity ratio of 0.01, which shows its financial stability.
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.
- Low Promoter Holding: Harshil Agrotech promoter holding is 0.00%. This may indicate low promoter confidence and less control over decision-making, allowing outside investors to have more influence.
Harshil Agrotech Balance Sheet
| Particulars | March 2023 | March 2024 | Sept 2024 |
|---|---|---|---|
| Equity Capital | 0.80 | 11 | 51 |
| Reserves | -0 | 1 | 10 |
| Borrowings | 1 | 1 | 1 |
| Other Liabilities | 3 | 11 | 1 |
| Total Liabilities | 4 | 23 | 63 |
| Fixed Assets | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 |
| Investments | 0 | 2 | 2 |
| Other Assets | 4 | 20 | 60 |
| Total Assets | 4 | 23 | 63 |
By the end of 2025, the Harshil Agrotech share price is expected to be around ₹3.10 in normal conditions. In a bear market, it might be ₹3, and in a bull market, it may go up to ₹3.50.
| Harshil Agrotech Share Price Target 2025 | Rupees (₹) |
|---|---|
| 1st Target | 3 |
| 2nd Target | 3.10 |
| 3rd Target | 3.50 |
In 2026, the Harshil Agrotech share price is expected to be around ₹3.80 in a normal situation. In a bear market, it might be ₹3.50, and in a bull market, it may cross ₹4.50.
| Harshil Agrotech Share Price Target 2026 | Rupees (₹) |
|---|---|
| 1st Target | 3.50 |
| 2nd Target | 3.80 |
| 3rd Target | 4.50 |
According to our analysis, the Harshil Agrotech share price is expected to be around ₹5.0 in 2027. In a bear market, it might be ₹4.50, and in a bull market, it may cross ₹6.0.
| Harshil Agrotech Share Price Target 2027 | Rupees (₹) |
|---|---|
| 1st Target | 4.50 |
| 2nd Target | 5.0 |
| 3rd Target | 6.0 |
According to our analysis, the Harshil Agrotech share price may trade near ₹5.50 by 2028; bearish conditions could pull it down to ₹5.0, while a strong bull run might lift it to ₹7.50.
| Harshil Agrotech Share Price Target 2028 | Rupees (₹) |
|---|---|
| 1st Target | 5.0 |
| 2nd Target | 5.50 |
| 3rd Target | 7.50 |
In a normal situation, the Harshil Agrotech share price is projected to be approximately ₹7.0 in 2029. In a bear market, the value may be as low as ₹6.20, while in a bull market, it may rise to ₹10.0.
| Harshil Agrotech Share Price Target 2029 | Rupees (₹) |
|---|---|
| 1st Target | 6.20 |
| 2nd Target | 7.0 |
| 3rd Target | 10.0 |
In a normal situation, the Harshil Agrotech share price is projected to be approximately ₹10.50 in 2030. In a bear market, the value may be as low as ₹7.50, while in a bull market, it may rise to ₹13.0.
| Harshil Agrotech Share Price Target 2030 | Rupees (₹) |
|---|---|
| 1st Target | 7.50 |
| 2nd Target | 10.50 |
| 3rd Target | 13.0 |
By 2035, the Harshil Agrotech share price is projected to be around ₹25 under normal conditions. In adverse markets, the price could fall to ₹15, while favorable conditions might push it up to ₹40.
| Harshil Agrotech Share Price Target 2035 | Rupees (₹) |
|---|---|
| 1st Target | 15 |
| 2nd Target | 25 |
| 3rd Target | 40 |
Under normal conditions, the Harshil Agrotech share price might hit ₹50 by 2040. A bearish trend could lower it to ₹30, whereas a bullish surge could raise it to ₹120.
| Harshil Agrotech Share Price Target 2040 | Rupees (₹) |
|---|---|
| 1st Target | 30 |
| 2nd Target | 50 |
| 3rd Target | 120 |
In 2050, the Harshil Agrotech share price is expected to be around ₹350 in a normal situation. In a bear market, it might be ₹120, and in a bull market, it may go up to ₹700.
| Harshil Agrotech Share Price Target 2050 | Rupees (₹) |
|---|---|
| 1st Target | 120 |
| 2nd Target | 350 |
| 3rd Target | 700 |
| Years | Target Price |
|---|---|
| Harshil Agrotech Share Price Target 2025 | ₹3 to ₹3.50 |
| Harshil Agrotech Share Price Target 2026 | ₹3.50 to ₹4.50 |
| Harshil Agrotech Share Price Target 2027 | ₹4.50 to ₹6.0 |
| Harshil Agrotech Share Price Target 2028 | ₹5.0 to ₹7.50 |
| Harshil Agrotech Share Price Target 2029 | ₹6.20 to ₹10.0 |
| Harshil Agrotech Share Price Target 2030 | ₹7.50 to ₹13.0 |
| Harshil Agrotech Share Price Target 2035 | ₹15 to ₹40 |
| Harshil Agrotech Share Price Target 2040 | ₹30 to ₹120 |
| Harshil Agrotech Share Price Target 2050 | ₹120 to ₹700 |
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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