About Harshil Agrotech Limited
Data last updated: 14 July 2026
Harshil Agrotech Limited is a public limited company based in Ahmedabad, Gujarat, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in agritech, a part of the broader agriculture sector. Incorporated on 18 November 1972, the company has been in operation for over 54 years.
Registered with ROC Ahmedabad under CIN L01611GJ1972PLC147529. Listed on BSE: 505336.
Capital: an authorised share capital of ₹100 Cr and a paid-up capital of ₹93.35 Cr. It is led by directors including Pankajkumar Patel and Saloni Mehra.
Last AGM: 28 September 2025. Financial statements filed for year ended 31 March 2025. Office: Ahmedabad, Gujarat.
As per BSE-filed standalone financials for FY 2025, the company reported a revenue of ₹63.53 Cr, reflecting significant growth compared to the previous year. The net worth stands at ₹115.19 Cr (up 908.78% YoY). Total assets are valued at ₹118.88 Cr (up 420.38% YoY).
The company is associated with 2 brands - Mirch Technologies, Harshil Agrotech. As per MCA filings, the company has satisfied charges of ₹11.97 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is mirchtechnologies.com.
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Registered AddressS F 225 I Square Near Shukan Mall, Science City Road Sola, Ahmedabad, Gujarat, India – 380060
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IndustryAgriculture, AgriTech
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
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CIN History of Harshil Agrotech Limited
Harshil Agrotech Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L01611GJ1972PLC147529, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L01611GJ1972PLC147529 | Current |
| L01611MH1972PLC016127 | Previous |
| L27290MH1972PLC016127 | Previous |
| U27290MH1972PLC016127 | Previous |
Associated Brands with Harshil Agrotech Limited
Harshil Agrotech Limited operates two associated brands: Mirch Technologies and Harshil Agrotech. These brands represent Harshil Agrotech Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Blog focusing on beauty, marketing, sports, and other related topics | mirchtechnologies.com | |
| Sustainable and modern agricultural solutions are provided to farmers. | harshilagrotech.com |
Competitors & Alternatives of Harshil Agrotech Limited
Brands and companies operating in the same space as Harshil Agrotech Limited include Bharat Krushi Seva, Fieldstone Bio, Feld.energy and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Bharat Krushi Seva
|
Online platform offering information related to agriculture | Pune, India, India | 2021 |
Fieldstone Bio
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Provider of agricultural solutions | Woburn, United States, United States | 2023 |
Feld.energy
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Provider of agricultural solutions | Pocking, Germany, Germany | 2024 |
Heritable Agriculture
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Provider of digital agricultural solutions | Mountain View, United States, United States | 2024 |
Tecde
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AI powered agricultural solutions | Medellin, Colombia, Colombia | 2024 |
Novagric
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High-tech greenhouses and irrigation systems are designed and installed. | Murcia, Spain, Spain | 1978 |
Agrovikas
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Delivers comprehensive digital solutions for agriculture. | Gandhinagar, India, India | 2016 |
iotani
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Offers digital solutions to enhance agricultural operations. | Jakarta, Indonesia, Indonesia | 2021 |
X-Agro
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Delivers comprehensive digital solutions for advanced crop management. | Troyes, France, France | 2024 |
Business Activity of Harshil Agrotech Limited
Harshil Agrotech Limited is engaged in the principal business activity of agriculture, forestry and fishing, with detailed activities including crop and animal production, hunting and related service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| A | Agriculture, forestry and fishing | 01 | Crop and animal production, hunting and related service activities | Locked |
Business activity turnover details for Harshil Agrotech Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Harshil Agrotech Limited
Harshil Agrotech Limited is audited by M/S S K Bhavsar & Co (ICAI peer reviewed, certificate valid till 2025-06-30) for the financial year 2025, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/S S K Bhavsar & Co (ICAI peer reviewed, certificate valid till 2025-06-30) | FY 2025 | Declaration of unmodified opinion |
Board of Directors of Harshil Agrotech Limited
Harshil Agrotech Limited is currently managed by 4 directors, with 20 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Pankajkumar Patel
Also directs:
Xoroton Commercial Trade Limited
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Managing Director | 10 Oct 2022 | 3 Years 10 Months | As last reported |
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Saloni Mehra
Also directs:
Davin Sons Retail Limited, Krishna Ventures Limited, Aar Shyam India Investment Company Limited and 5 more
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Director | 19 Oct 2024 | 1 Years 10 Months | As last reported |
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Naveen Sharma
Also directs:
Sru Steels Limited, Giken Seiki Industries Limited
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Director | 19 Oct 2024 | 1 Years 10 Months | As last reported |
| Jayaben Hirenbhai Patel | Director | 01 Jan 2024 | 2 Years 7 Months | As last reported |
Financials of Harshil Agrotech Limited FY 2025 filings available
Harshil Agrotech Limited reported revenue of ₹63.53 Cr (up 391.48% YoY) for FY 2025.
| Metrics | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹63.53 Cr | ₹12.93 Cr | ₹3.84 Cr | ₹16.4 Lakh | ₹0 | ₹3.85 Lakh | ₹0 |
| Other Income | ₹9.92 Lakh | ₹9.76 Lakh | ₹5,000 | ₹2.05 Lakh | ₹1.87 Cr | ₹8.67 Lakh | ₹8.42 Lakh |
| Total Income | ₹63.63 Cr | ₹13.02 Cr | ₹3.84 Cr | ₹18.45 Lakh | ₹1.87 Cr | ₹12.52 Lakh | ₹8.42 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹4.44 Lakh | ₹0 | ₹6.44 Lakh | ₹0 |
| Purchases of Stock-in-Trade | ₹62.98 Cr | ₹11.27 Cr | ₹3 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹11.87 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹31.26 Lakh | ₹27.7 Lakh | ₹6.06 Lakh | ₹12.17 Lakh | ₹27.52 Lakh | ₹16.43 Lakh | ₹8.48 Lakh |
| Finance Costs | ₹48,000 | ₹3,500 | ₹1,000 | ₹6,000 | ₹2,000 | ₹3,000 | ₹3,000 |
| Depreciation & Amortisation | ₹86,000 | ₹70,800 | ₹24,000 | ₹13,000 | ₹11.37 Lakh | ₹16.14 Lakh | ₹18.61 Lakh |
| Other Expenses | ₹1.14 Cr | ₹39.03 Lakh | ₹13.17 Lakh | ₹16.3 Lakh | ₹27.82 Lakh | ₹18.97 Lakh | ₹16.9 Lakh |
| Total Expenses | ₹52.57 Cr | ₹11.94 Cr | ₹3.19 Cr | ₹33.1 Lakh | ₹66.73 Lakh | ₹58.01 Lakh | ₹44.02 Lakh |
| Profit Before Exceptional Items & Tax | ₹11.06 Cr | ₹1.08 Cr | ₹64.72 Lakh | -₹14.65 Lakh | ₹1.2 Cr | -₹45.49 Lakh | -₹35.6 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹3.65 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹11.06 Cr | ₹1.08 Cr | ₹68.37 Lakh | -₹14.65 Lakh | ₹1.2 Cr | -₹45.49 Lakh | -₹35.6 Lakh |
| Total Tax Expense | ₹66.48 Lakh | ₹27.86 Lakh | ₹14.06 Lakh | ₹6.7 Lakh | ₹34.66 Lakh | ₹10.34 Lakh | ₹11 Lakh |
| Net Profit | ₹10.39 Cr | ₹80.27 Lakh | ₹54.31 Lakh | -₹21.35 Lakh | ₹85.4 Lakh | -₹55.83 Lakh | -₹93.2 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹10.39 Cr | ₹80.27 Lakh | ₹54.31 Lakh | -₹21.35 Lakh | ₹85.4 Lakh | -₹55.83 Lakh | -₹93.2 Lakh |
| EBITDA (computed) | ₹11.07 Cr | ₹1.09 Cr | ₹64.97 Lakh | -₹14.46 Lakh | ₹1.31 Cr | -₹29.32 Lakh | -₹16.96 Lakh |
| Basic EPS | ₹-0.01 | ₹0.74 | ₹6.79 | ₹-0.24 | ₹0.96 | ₹-17.44 | ₹-0.28 |
| Diluted EPS | ₹-0.01 | ₹0.74 | ₹6.79 | ₹-0.24 | ₹0.96 | ₹-17.44 | ₹-0.28 |
| Metrics | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Total Assets | ₹118.88 Cr | ₹22.84 Cr | ₹4.24 Cr | ₹62.71 Lakh | ₹47.35 Lakh | ₹3.02 Cr | ₹3.21 Cr |
| Non-current Assets | ₹2.83 Cr | ₹2.81 Cr | ₹34.14 Lakh | ₹34.14 Lakh | ₹36.79 Lakh | ₹2.86 Cr | ₹3.15 Cr |
| Current Assets | ₹116.05 Cr | ₹20.03 Cr | ₹3.9 Cr | ₹28.57 Lakh | ₹10.56 Lakh | ₹16.09 Lakh | ₹6.28 Lakh |
| Property, Plant & Equipment | ₹5.84 Lakh | ₹4.64 Lakh | ₹5.35 Lakh | ₹40,000 | ₹2.48 Lakh | ₹2.85 Cr | ₹3.01 Cr |
| Inventories | ₹11.87 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹46.46 Cr | ₹7.73 Cr | ₹3.86 Cr | ₹17.22 Lakh | ₹0 | ₹2.96 Lakh | ₹0 |
| Cash & Equivalents | ₹49.55 Cr | ₹4.69 Lakh | ₹1.12 Lakh | ₹1.35 Lakh | ₹3.57 Lakh | ₹0 | ₹34,000 |
| Equity (Net Worth) | ₹115.19 Cr | ₹11.42 Cr | ₹61.61 Lakh | ₹7.29 Lakh | ₹28.64 Lakh | -₹1.4 Cr | -₹1.04 Cr |
| Equity Share Capital | ₹71.12 Cr | ₹10.8 Cr | ₹80 Lakh | ₹89.11 Lakh | ₹89.11 Lakh | ₹89.11 Lakh | ₹89.11 Lakh |
| Borrowings (Non-current) | ₹45.01 Lakh | ₹67.53 Lakh | ₹43.95 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹46.71 Lakh | ₹4.2 Lakh | ₹0 | ₹3.5 Cr |
| Total Debt (computed) | ₹45.01 Lakh | ₹67.53 Lakh | ₹43.95 Lakh | ₹46.71 Lakh | ₹4.2 Lakh | ₹0 | ₹3.5 Cr |
| Current Liabilities | ₹3.24 Cr | ₹10.75 Cr | ₹3.19 Cr | ₹55.42 Lakh | ₹18.71 Lakh | ₹3.98 Cr | ₹3.73 Cr |
| Total Liabilities | ₹3.69 Cr | ₹11.43 Cr | ₹3.63 Cr | ₹55.42 Lakh | ₹18.71 Lakh | ₹4.41 Cr | ₹4.26 Cr |
| Metrics | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Operating Cash Flow | -₹43.74 Cr | -₹7.82 Cr | ₹2.95 Lakh | -₹46.56 Lakh |
| Investing Cash Flow | -₹88,000 | ₹0 | -₹5.19 Lakh | ₹1.9 Lakh |
| Financing Cash Flow | ₹93.25 Cr | ₹7.85 Cr | ₹2 Lakh | ₹42.45 Lakh |
| Capital Expenditure | ₹0 | ₹0 | ₹5.19 Lakh | ₹0 |
| Free Cash Flow (computed) | -₹43.74 Cr | -₹7.82 Cr | -₹2.24 Lakh | -₹46.56 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹49.5 Cr | ₹3.58 Lakh | -₹23,900 | -₹2.21 Lakh |
| Metrics | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹7.25 Cr | ₹42.29 Cr | ₹59.89 Cr | ₹2.38 Cr | ₹25.73 Cr | ₹24.05 Cr | ₹11.37 Cr |
| Other Income | ₹7,000 | ₹0 | ₹0 | -₹76,000 | ₹2.52 Lakh | ₹4.86 Lakh | ₹3.31 Lakh |
| Total Income | ₹7.25 Cr | ₹42.29 Cr | ₹59.89 Cr | ₹2.38 Cr | ₹25.76 Cr | ₹24.1 Cr | ₹11.4 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹7.79 Cr | ₹41.34 Cr | ₹81.53 Cr | ₹4.26 Cr | ₹14.79 Cr | ₹19.72 Cr | ₹24.21 Cr |
| Changes in Inventories | ₹4.29 Cr | ₹6 Cr | -₹30.59 Cr | -₹1.7 Cr | ₹5.16 Cr | -₹75.84 Lakh | -₹14.57 Cr |
| Employee Benefit Expense | ₹5 Lakh | ₹7.88 Lakh | ₹6.73 Lakh | ₹8.11 Lakh | ₹4.68 Lakh | ₹8.14 Lakh | ₹10.34 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹48,000 | -₹12,300 | ₹0 | ₹12,000 |
| Depreciation & Amortisation | ₹22,000 | ₹22,000 | ₹22,000 | ₹22,000 | ₹20,600 | ₹26,000 | ₹18,000 |
| Other Expenses | ₹46.89 Lakh | ₹6.74 Lakh | ₹6.46 Lakh | ₹30.95 Lakh | ₹38.26 Lakh | ₹1.42 Lakh | ₹43.39 Lakh |
| Total Expenses | ₹12.6 Cr | ₹47.49 Cr | ₹51.08 Cr | ₹2.96 Cr | ₹20.38 Cr | ₹19.06 Cr | ₹10.18 Cr |
| Profit Before Exceptional Items & Tax | -₹5.36 Cr | -₹5.2 Cr | ₹8.81 Cr | -₹58.01 Lakh | ₹5.38 Cr | ₹5.04 Cr | ₹1.22 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹5.36 Cr | -₹5.2 Cr | ₹8.81 Cr | -₹58.01 Lakh | ₹5.38 Cr | ₹5.04 Cr | ₹1.22 Cr |
| Total Tax Expense | ₹0 | -₹2.28 Cr | ₹2.28 Cr | ₹20.28 Lakh | -₹9.55 Lakh | ₹23.97 Lakh | ₹31.79 Lakh |
| Net Profit | -₹5.36 Cr | -₹2.91 Cr | ₹6.53 Cr | -₹78.29 Lakh | ₹5.48 Cr | ₹4.8 Cr | ₹90.1 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹5.36 Cr | -₹2.91 Cr | ₹6.53 Cr | -₹78.29 Lakh | ₹5.48 Cr | ₹4.8 Cr | ₹90.1 Lakh |
| EBITDA (computed) | -₹5.35 Cr | -₹5.2 Cr | ₹8.82 Cr | -₹57.31 Lakh | ₹5.38 Cr | ₹5.04 Cr | ₹1.22 Cr |
| Basic EPS | ₹-0.08 | ₹-0.04 | ₹0.09 | ₹-0.01 | ₹0.11 | ₹0.94 | ₹0.83 |
| Diluted EPS | ₹-0.08 | ₹-0.04 | ₹0.09 | ₹-0.01 | ₹0.11 | ₹0.94 | ₹0.83 |
Shareholding Pattern of Harshil Agrotech Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 0.00%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 100.00% of Harshil Agrotech Limited. The company had 111,235 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | - |
| Public | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 0.00% | 0.00% | 0.00% |
| Public | 100.00% | 100.00% | 100.00% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Harshil Agrotech Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Apr 1988 | Bank of India | ₹2.73 Cr | Satisfied |
| 05 Jul 1975 | Bank of India | ₹22 Lakh | Satisfied |
| 24 Jul 1973 | Bank of India | ₹34.44 Lakh | Satisfied |
| 21 Jul 1973 | Bank of India | ₹8.68 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Harshil Agrotech Limited
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Employee and EPFO history for Harshil Agrotech Limited
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GST Compliance of Harshil Agrotech Limited
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Credit Ratings, Litigation & Regulatory Alerts for Harshil Agrotech Limited
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MSME Payment Delays by Harshil Agrotech Limited
MSME payment history for Harshil Agrotech Limited
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Subsidiaries & Group Companies of Harshil Agrotech Limited
Corporate group structure for Harshil Agrotech Limited
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MCA Filings & Documents of Harshil Agrotech Limited
MCA filings and documents for Harshil Agrotech Limited
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Recent Activity on Harshil Agrotech Limited
Frequently Asked Questions about Harshil Agrotech Limited
Harshil Agrotech Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Harshil Agrotech Limited is a company under insolvency, formerly operating as a public limited company in the agriculture sector based in Ahmedabad, Gujarat, India. It was incorporated on 18 November 1972 and is registered under CIN L01611GJ1972PLC147529. Listed on BSE: 505336. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Harshil Agrotech Limited reported revenue of ₹63.53 Cr for FY 2025 (up 391.48% YoY) based on standalone BSE filings.
The current directors of Harshil Agrotech Limited are:
- Pankajkumar Patel - Managing Director
- Saloni Mehra - Director
- Naveen Sharma - Director
- Jayaben Hirenbhai Patel - Director
The CIN (Corporate Identification Number) of Harshil Agrotech Limited is L01611GJ1972PLC147529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Harshil Agrotech Limited is listed on BSE with code 505336.