BSE SME Stock Recovers Following Release of Second-Half 2026 Earnings

Harshdeep Hortico Limited Sees 9% Rebound on Strong H2FY26 Numbers

Harshdeep Hortico Limited, a small-cap stock, has rebounded 9% from Monday's intraday low to trade at ₹100 apiece after the release of the company's H2FY26 numbers, which appeared to have boosted investor sentiment. The company's financial performance showed a healthy improvement in both the half and full financial year.

For H2, revenue from operations rose to ₹36.07 crore from ₹31.45 crore in H2FY25, reflecting a year-on-year growth of nearly 15%. On the profitability front, the company's EBITDA increased to ₹11.33 crore in the reporting period ended March 2026 as against ₹9.11 crore in the corresponding period last year, indicating stronger operating efficiency. Meanwhile, net profit for H2 came in at ₹6.82 crore, compared with ₹5.48 crore in H2Y25, marking an increase of about 25%.

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For the full year, Harshdeep maintained the same growth trajectory, with revenue from operations in FY26 at ₹68.71 crore, up from ₹56.27 crore in FY25, for a yearly rise of around 22%. Annual EBITDA improved to ₹19.78 crore versus ₹15.31 crore in the previous financial year, while net profit climbed to ₹12.52 crore from ₹9.70 crore in FY25.

Harshdeep Hortico is engaged in the business of designing, developing, manufacturing, and supplying various types of pots and planters, including plastic indoor planters, outdoor planters, illuminated planters, decorative planters, roto-moulded planters, fibre-reinforced plastic (FRP) planters, and Eco Series planters, along with related accessories.

The company's shares were listed on the Indian stock market in February 2024 and, soon after listing, struggled to gain momentum as the stock remained under pressure for the next year before witnessing a sharp acceleration. Between March 2025 and August 2025, the stock witnessed a one-way rally, hitting an all-time high of ₹116 apiece. However, the rally quickly faded in the subsequent months as the stock resumed its losing streak, which eventually dragged it below the ₹80 mark.