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Pradhin Ltd (BSE: 530095), a company engaged in the diversified business of steel, agriculture and dairy products, announced its financial results for the quarter ended June 30, 2025 (Q1FY26). The company has reported a robust financial performance in the first quarter of FY26, driven by strategic expansion.
For Q1FY26, the company reported a net profit of Rs. 7.17 crore, up nearly 20 times from its net profit of Rs 35 lakh for the corresponding period last year. Total income of the company also registered a multi-fold rise to Rs. 18.34 crore from Rs 51.47 lakh in Q1FY25. For the Q4FY25, company reported total income of Rs. 133.89 crore and Net Profit of Rs. 3.25 crore. For FY2024-25, company reported total income of Rs. 340.19 crore and Net profit of Rs. 4.89 crore.
In the board meeting on 10th March 2025, its board of directors approved the allotment of 67.65 crore equity shares of Rs. 1 each as fully paid bonus equity shares to the shareholders, as on the record date of March 7, 2025. The company has earlier announced bonus equity in the ratio of 2 bonus equity shares for every 1 shares held as on the record date. Additionally, it also announced a stock split, dividing each equity share of Rs. 10 face value into 10 equity shares of Re 1 each fully paid.
Highlights:
- During FY24-25, the company successfully raised Rs 48.32 crore from the rights issue to fund its expansion plans
- For FY24-25, the company reported total income of Rs. 340.19 crore and net profit of Rs. 4.89 crore
- In March 2025, the company announced 2:1 bonus issue and 10:1 stock split
- The company executed orders worth Rs. 100 crore in FY 2024-25 including the procurement, processing, and sale of Hybrid Rice, Wheat, and Millets, with end products such as Flour and Oil
- The company announced tis foray into the agricultural waste management and processing business
- The company has a vision to be leading provider of steel raw materials and a pioneer in sustainable agriculture
In December 2024, the company successfully raised Rs 48.32 crore from the rights issue to fund its expansion plans, including working capital requirements and general corporate purposes. The company operates business through four divisions, dedicated to steel raw material, sustainable agri solutions, customised resource, and R&D.
Speaking on the stellar financial performance, Jay Rajeshbhai Patel, Director, Pradhin Ltd, said, “The strong financial performance in Q1FY26, is a reflection of our business strategies, meticulous decisions and our focused transition and efficient use of the resources. We are committed to sustaining this performance through efficient supply chain management and product diversification. Company has a vision to be a leading provider of steel raw materials and a pioneer in sustainable agriculture, contributing to the economic growth and environmental stewardship of the regions we serve.”
During FY 2024-25, the Company executed orders worth Rs. 100 crore for the procurement, processing, and sale of hybrid rice, wheat, and millets, with end products such as flour and oil to the large consumers. Estimated profit margin on the orders was 4.5 per cent to 6.5 per cent, and the company is exploring the possibility of securing and executing similar orders on a more frequent basis.
On January 8, 2025, the company announced its foray into the agricultural waste management and processing business. This strategic initiative aligns with the company’s commitment to sustainable development, environmental responsibility, and diversification into high-growth, impact-driven sectors. The company aims to expand in biogas production, compositing, biofertiliser, waste to energy initiatives, among other areas.
Incorporated in 1982, Pradhin Limited is a newly established public company specialising in steel raw materials and the agricultural sector. The company aims to provide quality products and services through ethical business practices, community development, and sustainability. Their vision is to be a leading supplier of steel raw materials and a pioneer in sustainable agriculture that drives economic growth and environmental protection. The company offers various services such as steel raw materials, sustainable agriculture solutions, customised resources, and research and development.
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