SC Agrotech Q2 revenue reaches Rs 45.26 crore, PAT Rs 10.21 crore

SC Agrotech Limited reported standalone Q2 FY27 revenue of Rs 45.26 crore and profit after tax (PAT) of Rs 10.21 crore for the quarter ended 30 September 2026, compared with Rs 5.02 crore and Rs 0.21 crore respectively a year earlier. The company described this as 802% revenue growth and about 48 times quarterly PAT.

How did SC Agrotech perform in Q2 FY27?

SC Agrotech recorded Rs 45.26 crore of standalone operating revenue in Q2 FY27, against Rs 5.02 crore in Q2 FY26, for the quarter ended 30 September 2026. The company stated that the year-on-year rise was 802%. Its standalone PAT rose to Rs 10.21 crore from Rs 0.21 crore in the corresponding prior-year quarter.

The reported profit comparison is particularly large because the Q2 FY26 base was Rs 0.21 crore, while Q2 FY27 PAT was Rs 10.21 crore. SC Agrotech described the result as approximately 48 times year-on-year PAT growth. The announcement identifies these as standalone unaudited results and says they remain subject to accompanying limited-review observations.

What does SC Agrotech's first-half performance show?

SC Agrotech reported H1 FY27 revenue of Rs 83.11 crore and PAT of Rs 19.77 crore for the six months ended 30 September 2026. Those figures include the September-quarter result of Rs 45.26 crore in revenue and Rs 10.21 crore in PAT, placing the reported half-year earnings base above the single-quarter figures.

The company compared H1 FY27 PAT of Rs 19.77 crore with Rs 3.34 crore for the entire FY26, saying the six-month profit was approximately 5.9 times the preceding full-year profit. This is a comparison between periods of different duration, rather than a like-for-like half-year comparison. SC Agrotech also specified that the reported earnings concern its existing business and do not represent AgriBridge platform revenue.

The H1 result therefore provides the company’s disclosed comparison with the prior financial year, while the Q2 figures provide the direct year-on-year comparison with Q2 FY26. Revenue increased from Rs 5.02 crore to Rs 45.26 crore in those comparable quarters, and PAT increased from Rs 0.21 crore to Rs 10.21 crore. The release does not provide a segment-wise revenue or cost breakdown for the reported quarter.

What share actions has SC Agrotech proposed?

SC Agrotech has proposed a 10-for-1 stock subdivision and a 4-for-5 bonus issue, both subject to shareholder consent, applicable regulations and record-date announcements. Under the proposed subdivision, one fully paid equity share with a face value of 10 rupees would become 10 fully paid shares with a face value of 1 rupee each.

The proposed bonus would issue four shares for every five eligible shares held. SC Agrotech illustrated that 1,000 existing shares could become 10,000 shares after the 10-for-1 split and 18,000 shares after the 4-for-5 bonus, assuming the split is implemented first and the holder qualifies on the relevant record dates. The illustration does not state that investment value would rise.

The corporate update dated 13 November 2026 shows an indicative sequence of Board decision on 13 November, an extraordinary general meeting, or EGM, and approvals on 11 December, followed by record-date setting and implementation. SC Agrotech said a subdivision and bonus issue adjust the share count and theoretical market price, rather than creating a corresponding increase in shareholder investment value. It also stated that actual market liquidity is not guaranteed.

How does AgriBridge fit into SC Agrotech's plan?

SC Agrotech has publicly launched AgriBridge as a digital agriculture platform designed to connect farmers, suppliers and institutional buyers through product discovery, enquiries, quotations and transaction coordination. The platform workflow described in the release covers farmers offering produce, buyers reviewing enquiries and operations coordinating fulfilment.

The company presented illustrative annual gross merchandise value, or GMV, scenarios of Rs 125 crore in FY28, Rs 500 crore in FY29 and Rs 1,000 crore in FY30. GMV is the value of merchandise facilitated through a platform, not company revenue. The release associates those scenarios with illustrative platform revenue of Rs 6.5 crore, Rs 26 crore and Rs 52 crore respectively.

SC Agrotech explicitly said the figures are a previously disclosed hypothetical economic model, not achieved results, earnings guidance, contracts or forecasts. The model uses a 5.2% monetisation assumption. Its focused-rollout illustration assumes Rs 10 crore of capital, Rs 125 crore of GMV, Rs 6.5 crore of revenue and Rs 1.4 crore of PAT, while its wider-expansion illustration assumes Rs 100 crore of capital, Rs 1,000 crore of GMV, Rs 52 crore of revenue and Rs 12.1 crore of PAT.

The distinction is relevant because the reported Q2 FY27 PAT of Rs 10.21 crore and H1 FY27 PAT of Rs 19.77 crore are attributed to SC Agrotech’s existing business, not AgriBridge. Management said monetisation of the public platform remains to be demonstrated. The company’s stated priorities also include developing existing agricultural trading operations and considering initiatives related to agriculture, mining and healthcare.

Conclusion

SC Agrotech’s announcement combines a sharp reported increase in standalone earnings with proposed share-count actions and the public rollout of AgriBridge. Q2 FY27 revenue of Rs 45.26 crore was compared with Rs 5.02 crore a year earlier, while PAT reached Rs 10.21 crore from Rs 0.21 crore. For the six months ended 30 September 2026, PAT of Rs 19.77 crore exceeded FY26’s full-year Rs 3.34 crore by about 5.9 times.

The next disclosed milestones are shareholder and regulatory approvals for the 10-for-1 split and 4-for-5 bonus, including the eventual record dates, with an EGM or approvals indicated for 11 December. Management also said further disclosures would cover actual AgriBridge traction and material developments. The FY28 to FY30 GMV and revenue figures remain hypothetical assumptions until commercial activity and monetisation are reported.