Low PE Stock Reports 29% PAT Growth in FY26; Declares Dividend and Expands Into New Product Categories

The Indian equity markets ended lower on Tuesday, with the benchmark Nifty 50 index closing down by 0.36 per cent at 24,032.80. Broad-based selling pressure remained visible across benchmark indices; however, stock-specific reaction continued in select SME counters after fresh annual financial disclosures. In this segment, Harshdeep Hortico remained in focus after the company released its FY26 financial highlights along with Dividend declaration and business expansion milestones. Following the update, Harshdeep Hortico share price ended lower by 5.49 per cent at Rs 97.30 on Tuesday.

Harshdeep Hortico Reports Strong FY26 Financial Growth

Harshdeep Hortico reported total revenue of Rs 68.74 crore for FY26, registering a growth of 22 per cent year-on-year. Profit before Tax stood at Rs 16.04 crore, up 41 per cent YoY, while profit after tax came in at Rs 12.52 crore, reflecting a growth of 29 per cent over the previous financial year.

EBITDA for the year stood at Rs 19.78 crore, marking a 32 per cent increase, while net worth rose to Rs 59.94 crore, up 44 per cent year-on-year. Return on Equity for FY26 stood at 23.32 per cent.

Dividend Declared; Company Highlights FY26 Expansion Milestones

The company informed that it has declared a dividend of Rs 0.25 per equity share for FY26.

Along with the financial highlights, Harshdeep Hortico also disclosed multiple business milestones achieved during FY26 including expansion into agriculture shade nets, expansion of Eco Series sustainable products, strengthening of dealer network across India, wider presence in outdoor décor products, upgraded manufacturing capacity and launch of India’s first rotomoulded indoor and outdoor fountain range.

Product Portfolio Continues To Expand Across New Categories

The company stated that FY26 remained a defining year with focus on innovation-led growth, premium product positioning and long-term value creation. During the year, Harshdeep Hortico expanded from planter-focused products into adjacent categories including shadenets, outdoor furniture, fountains, FRP planters, Eco planters and 3D printed planter accessories.

The latest product diversification indicates continued scale-up in lifestyle gardening, décor infrastructure and agri-support product categories, where the company is building a wider dealer-led distribution presence.

About Harshdeep Hortico 

Harshdeep Hortico Ltd is engaged in the manufacturing and marketing of decorative planters, rotomoulded planters, FRP planters, indoor planters, illuminated planters, fountains, outdoor decor products and agriculture shade net solutions. The company operates in the lifestyle gardening and horticulture products segment with a growing domestic dealer distribution network.

Apart from planter products, Harshdeep Hortico Ltd has also expanded into sustainable Eco Series offerings, outdoor furniture, agri-shadenets and 3D printed accessories as part of its broader product diversification strategy.

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Disclaimer: This article is for informational purposes only and not investment advice.