Proventus Agrocom H1 Results: Net Profit Jumps 76% YoY to ₹11.8 Cr on Higher Volumes

Key numbers

1-Year Price Change	73.39%Stock Performance
Market Cap	₹741.04 CrSME Platform
P/E Ratio	52.4Industry: 58.13
RSI	66.0Technical Zone

Key highlights

• Consolidated revenue from operations increased to ₹633 crore from ₹390 crore in the same period last year
• Net profit surged 76.1% year-on-year to ₹11.8 crore, up from ₹6.7 crore in H1-26
• Operating margins improved to 2.3% in H1-27 compared to 1.8% in the preceding H2-26 period
• Profit before tax stood at ₹14.8 crore, representing a 55.7% increase over the previous half-year
• The company maintains steady promoter equity with a 67.21% stake as of the current reporting period

Accelerated Revenue Growth in Commodity Trading

Proventus Agrocom reported a consolidated revenue of ₹633 crore for the half-year ended September 30, 2026, marking a significant step up from the ₹390 crore achieved in H1-26. Total income for the period reached ₹634 crore when accounting for other income of ₹0.6 crore. This top-line expansion drove net profit to ₹11.8 crore, reflecting a 76.1% year-on-year growth and a 55.3% sequential increase from the ₹7.6 crore reported in H2-26.

The results underscore the company's scaling operations within the commodity trading and distribution sector, which has seen sector-wide revenue growth of approximately 32.96%.

Margin Expansion and Operating Dynamics

The company’s operating margin improved to 2.3% during H1-27, rising from 1.8% in the immediately preceding half-year. Profit before tax rose to ₹14.8 crore, showing consistent progression from ₹9.5 crore in H2-26 and ₹8.4 crore in H1-26. According to the regulatory filing, Proventus Agrocom operates as a single business segment, which simplifies its reporting structure under AS-17 guidelines.

The management noted that these unaudited results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on November 13, 2026, which concluded at 3:40 p.m.

Infrastructure Expansion and FY28 Roadmap

• Construction is underway for a 2,00,000 sq. ft. processing facility in Surat
• The new facility is designed for a capacity exceeding 4,00,000 pouches per day
• Commissioning of the Surat plant is targeted for completion within FY27
• Management has revised its FY28 brand revenue target upward to ₹1,100 crore
• Overall revenue guidance for FY28 is positioned between ₹1,300 crore and ₹1,400 crore
• Migration from the NSE SME platform to the NSE Mainboard is planned by the end of FY27

Market Valuation and Technical Context

Proventus Agrocom has delivered a 73.39% price return over the last year, with its current price of ₹2150 reaching its 1-year high. At this valuation, the stock carries a P/E multiple of 52.4, remaining competitive against the industry average P/E of 58.13. Technical indicators show strong momentum, with a Relative Strength Index of 66 and a Money Flow Index of 91.69.

Institutional interest remains at 1.35%, while the promoter group holds a majority 67.21% stake. The company's annual revenue growth of 58.57% previously set a high benchmark that this half-year performance continues to track.

What to watch next

• Commissioning of the Surat processing facility by the end of FY27
• Proposed migration from the NSE SME platform to the NSE Mainboard by March 2027
• Quarterly progress updates toward the ₹1,100 crore FY28 brand revenue target

Proventus Agrocom · financial snapshot

Share price	₹2150
Market capitalisation	₹741.04 Cr
Revenue (annual)	₹924.99 Cr
Net profit (annual)	₹14.14 Cr
P/E (TTM)	52.4×Sector 47.01×
Promoter holding	67.21%
FII holding	0%Current quarter

Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.