---
title: "Harshdeep Hortico Ltd (544105) — Share Price, Financials & Analysis"
symbol: "544105"
company: "Harshdeep Hortico Ltd"
canonical: "https://tapetide.com/stocks/544105"
isin: "INE0OLZ01015"
nse_symbol: "HARSHDEEPHORTICOLTD"
bse_code: "544105"
sector: "FMCG"
industry: "Agricultural Products"
market_cap_cr: 145.6
generated_at: "2026-09-13T19:17:08.242Z"
---

# Harshdeep Hortico Ltd (544105)

Canonical page: https://tapetide.com/stocks/544105

## Company

- **NSE Symbol:** HARSHDEEPHORTICOLTD
- **BSE Code:** 544105
- **ISIN:** INE0OLZ01015
- **Sector:** FMCG
- **Industry:** Agricultural Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2024-02-05
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** harshdeepindia.com

## About

Incorporated in 2022, Harshdeep Hortico Ltd manufactures indoor & outdoor plants, and related accessories.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:46:46.357146Z.

- **Market Cap:** ₹145.6 Cr
- **Classification:** SME
- **P/E (reported):** 11.6
- **EPS (reported):** ₹4.07
- **Book Value:** ₹37.24
- **Price to Book:** 2.43
- **Dividend Yield:** 0.28%
- **ROE:** 20.89%
- **ROCE:** 26.34%
- **Debt to Equity:** 0.07
- **Revenue (yearly):** ₹68.7 Cr
- **Net Income:** ₹12.5 Cr
- **EBITDA:** ₹19.8 Cr
- **52-Week High:** ₹108
- **52-Week Low:** ₹75.5
- **RSI (14):** 11.55

## Tapetide Score

- **Score:** 61 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Fair · Momentum: Flat
- **Percentile:** 90.4 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 82.05 | 9% |
| growth | 68.43 | 9% |
| momentum | 53.93 | 12% |
| ownership | 51.64 | 24% |
| quality | 74.45 | 22% |
| valuation | 52.27 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.1%

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -38.13% | 123.96% | 114.48% |
| ebitda margin growth | 8.53% | 29.13% | — |
| net income growth | 28.87% | 89.39% | — |
| revenue growth | 21.81% | 12.38% | — |
| roce | 9.89% | 5.19% | — |
| roe | 2.1% | 19.66% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 23 | 25 | 25 | 31 | 33 | 36 |
| Expenses | 0 | 19 | 19 | 19 | 22 | 24 | 25 |
| Operating Profit | 0 | 4 | 6 | 6 | 9 | 8 | 11 |
| OPM % | — | 18 | 23 | 24 | 28 | 26 | 31 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 1 | 1 | 1 | 3 | 1 | 2 |
| Profit before tax | 0 | 3 | 5 | 5 | 6 | 7 | 9 |
| Tax % | — | 28 | 25 | 17 | 13 | 17 | 26 |
| Net Profit | 0 | 2 | 4 | 4 | 5 | 6 | 7 |
| EPS in Rs | 0 | 354.38 | 2.24 | 2.63 | 3.4 | 3.54 | 4.24 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 0 | 48 | 56 | 69 |
| Expenses | 0 | 38 | 41 | 49 |
| Operating Profit | 0 | 11 | 15 | 20 |
| OPM % | — | 22 | 26 | 29 |
| Other Income | 0 | 0 | 0 | 0 |
| Interest | 0 | 1 | 0 | 0 |
| Depreciation | 0 | 1 | 4 | 3 |
| Profit before tax | 0 | 9 | 11 | 16 |
| Tax % | — | 25 | 15 | 22 |
| Net Profit | 0 | 7 | 10 | 13 |
| EPS in Rs | 0 | 4.07 | 6.03 | 7.78 |
| Dividend Payout % | — | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Equity Capital | 0.05 | 16 | 16 | 16 |
| Reserves | 0 | 21 | 31 | 44 |
| Borrowings | 0 | 0 | 0 | 4 |
| Other Liabilities | 0 | 6 | 9 | 17 |
| Total Liabilities | 0 | 43 | 56 | 81 |
| Fixed Assets | 0 | 11 | 12 | 17 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| Other Assets | 0 | 33 | 44 | 64 |
| Total Assets | 0 | 43 | 56 | 81 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | -15 | 6 | 4 |
| Cash from Investing Activity | 0 | -13 | -5 | -8 |
| Cash from Financing Activity | 0 | 30 | 0 | 4 |
| Net Cash Flow | 0 | 2 | 0 | -1 |
| Free Cash Flow | 0 | -27 | 0 | -5 |
| CFO/OP | — | -119 | 50 | 31 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Debtor Days | — | 83 | 85 | 106 |
| Inventory Days | — | 153 | 283 | 384 |
| Days Payable | — | 50 | 45 | 65 |
| Cash Conversion Cycle | — | 187 | 323 | 426 |
| Working Capital Days | — | 178 | 203 | 225 |
| ROCE % | — | 50 | 27 | 29 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 72.46% | 72.89% | 72.77% | 72.82% | 72.96% |
| FIIs | 1.94% | 0% | 0% | 0% | 0% |
| DIIs | 4.59% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% |
| Public | 18.33% | 24.13% | 25.21% | 25.03% | 24.73% |
| Others | 2.68% | 2.98% | 2.02% | 2.14% | 2.31% |
| No. of Shareholders | 656 | 768 | 731 | 700 | 770 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 3 / 4

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 87.08 | Buy |
| EMA (10) | 87.34 | Buy |
| SMA (20) | 85.2 | Buy |
| EMA (20) | 85.88 | Buy |
| SMA (50) | 84.03 | Buy |
| EMA (50) | 84.85 | Buy |
| SMA (100) | 85.92 | Buy |
| EMA (100) | 85.97 | Buy |
| SMA (200) | 90.09 | Sell |
| EMA (200) | 86.58 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 62.29 | Neutral |
| MACD (12,26,9) | 1.56 | Buy |
| Stochastic (14,3,3) | 81.03 | Sell |
| ADX (14) | 26.92 | Buy |
| Williams %R (14) | -19.83 | Sell |
| ATR (14) | 2.24 | Neutral |
| ROC (12) | 11.12 | Buy |
| Stoch RSI (14) | 91.44 | Sell |
| UO (7,14,28) | 54.55 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=B878DD21_F878_424A_966D_2EF4FFBF2F78_173256.pdf) |
| 2026-08-24 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=E39B795B_AC3C_4CA6_AB2F_92F574D43049_164358.pdf) |
| 2026-08-20 | [Corporate Action-Board to consider Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3bd1a90e-b8f8-4277-ba5e-8f829c3e93b3.pdf) |
| 2026-08-20 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5122fbd0-3634-4d8b-820d-49303b13e3ab.pdf) |
| 2026-08-19 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=159b1cab-d8c1-4e1c-ae8a-dbd3e7b0def9.pdf) |
| 2026-08-19 | [Notice Of Shareholder Meeting On 17Th September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b5e6372c-839d-4671-a6ed-dcc4394d6dce.pdf) |
| 2026-08-18 | [Board Meeting Outcome for Board Meeting Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ea5c3d5b-9a83-481e-9729-80382f55a33c.pdf) |
| 2026-08-14 | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=C234111B_741F_46A8_B29B_D497309AD127_104426.pdf) |
| 2026-08-10 | [Board Meeting Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=126b0579-494d-4595-ae89-ae114fd7df5f.pdf) |
| 2026-07-14 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b374e6ee-81c8-43c7-90e7-e422226d2a1a.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-05-26 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fd8446de-5622-4ddc-8536-e813979de72a.pdf) |
| 2026-05-21 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1dbe1dff-c7ca-4f1d-b78c-bfeb1a11037b.pdf) |
| 2024-11-15 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ade08b86-1128-42e4-913b-013df5249ba9.pdf) |
| 2024-11-12 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c6a30509-8aab-4d1b-acf4-25f33ea2d8e1.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-05-21 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4ed2710c-3bca-4d13-8af3-0480c8a5cee3.pdf) |
| 2025-12-03 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5843a86a-b500-4c51-9cc8-f035ef403722.pdf) |
| 2024-10-03 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=31f115e8-15d1-4b74-b272-bda77320c0de.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8h - Board to meet on 4 May 2026 to approve FY26 audited results and consider final dividend. | [Board Meeting Intimation for Board Meeting Intimation For Approval Of Audited Financial Results Of The Company For The Year Ended March 31, 2026 8h - Board to meet on 4 May 2026 to approve FY26 audited results and consider final dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/efbf5188-5775-4425-ac9a-920ad9644b22.pdf) |
| 6 Dec 2025 - Conference call on 5 Dec 2025; H1 FY26 revenue ₹32.64 Cr, PAT ₹5.7 Cr; new ventures noted. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 6 Dec 2025 - Conference call on 5 Dec 2025; H1 FY26 revenue ₹32.64 Cr, PAT ₹5.7 Cr; new ventures noted.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/031aa3d0-d0d4-4c4b-bca6-9f07de891915.pdf) |
| 4 May - Harshdeep Hortico announced FY26 financial highlights and declared ₹0.25 dividend per equity share. | [Financial Highlights For The Financial Year 2025-26 4 May - Harshdeep Hortico announced FY26 financial highlights and declared ₹0.25 dividend per equity share.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ebf30b1b-ba6b-4d82-b6a5-1ce3f7aec750.pdf) |
| 4 May - Harshdeep Hortico announced FY26 financial highlights and declared ₹0.25 dividend per equity share. | [Financial Highlights For The Financial Year 2025-26 4 May - Harshdeep Hortico announced FY26 financial highlights and declared ₹0.25 dividend per equity share.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ebf30b1b-ba6b-4d82-b6a5-1ce3f7aec750.pdf) |
| 4 May - Board approved FY26 audited standalone results, appointed internal auditor, and recommended 2.5% dividend. | [Board Meeting Outcome for Outcome Of Board Meeting Under Regulation 30 Of SEBI (LODR) Regulations, 2015. 4 May - Board approved FY26 audited standalone results, appointed internal auditor, and recommended 2.5% dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d625d615-086a-4ea9-9a56-4e44ea411071.pdf) |
| 4 May - Board approved FY26 audited standalone results, appointed internal auditor, and recommended 2.5% dividend. | [Board Meeting Outcome for Outcome Of Board Meeting Under Regulation 30 Of SEBI (LODR) Regulations, 2015. 4 May - Board approved FY26 audited standalone results, appointed internal auditor, and recommended 2.5% dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d625d615-086a-4ea9-9a56-4e44ea411071.pdf) |
| 27 Apr - Board to meet on 4 May 2026 to approve FY26 audited results and consider final dividend. | [Board Meeting Intimation for Board Meeting Intimation For Approval Of Audited Financial Results Of The Company For The Year Ended March 31, 2026 27 Apr - Board to meet on 4 May 2026 to approve FY26 audited results and consider final dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/efbf5188-5775-4425-ac9a-920ad9644b22.pdf) |
| 25 Feb - Two flower-pot orders dated 25 Feb 2026, Rs81,45,417 total to Vizag and Mumbai airports (Rs47.23L, Rs34.22L). | [Announcement Under Regulation 30 Of SEBI (LODR) Regulation, 2015_Receipt Of Order 25 Feb - Two flower-pot orders dated 25 Feb 2026, Rs81,45,417 total to Vizag and Mumbai airports (Rs47.23L, Rs34.22L).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7a4c0d7d-56df-4b10-b41e-40d52f47af7d.pdf) |
| 20 Jan - Compliances Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended December, 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 20 Jan - Compliances Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended December, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/25638591-0734-42e7-9a9b-34c1aee289d9.pdf) |
| 20 Apr - Launched rotomoulded decorative water fountains on 19 April 2026 for domestic market, with export expansion planned. | [Pursuant To Regulation 30 Of The SEBI (LODR), Regulations, 2015, We Are Enclosing Herewith The Business Update Of The Company. 20 Apr - Launched rotomoulded decorative water fountains on 19 April 2026 for domestic market, with export expansion planned.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8150385f-1241-4684-8edf-1a2e83dfcf5f.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-04 | [Financial Results 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d78d2bcf-fa46-435c-adc2-1f82238d81ca.pdf) |
| 2025-11-03 | [Financial Result For Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0d5695c3-3596-4407-81db-765a52cd8908.pdf) |
| 2025-05-06 | [Financial Results 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ce368d9b-df34-43fd-a97b-a77ab8a98e04.pdf) |
| 2024-10-29 | [Financial Result September 30, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b665cf0f-05fc-446f-adb4-3f01e50d657e.pdf) |
| 2024-04-24 | [Financial Results 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c47c16d-da6c-4213-903f-6c0eeb9b80af.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/31f115e8-15d1-4b74-b272-bda77320c0de.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ade08b86-1128-42e4-913b-013df5249ba9.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fd8446de-5622-4ddc-8536-e813979de72a.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/fd8446de-5622-4ddc-8536-e813979de72a.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ed2710c-3bca-4d13-8af3-0480c8a5cee3.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4ed2710c-3bca-4d13-8af3-0480c8a5cee3.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/87730d0e-b41b-465c-8cb1-64f8368ccfdc.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c3256530-dd82-490a-89bb-a23a554dc041.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:17:08.242Z.