Penny Stock Under Rs 1 Locked At 10% Upper Circuit To Be In Focus On Monday; Here’s Why

Pradhin Ltd (BSE: 530095), a company engaged in the diversified business of steel, agriculture sector 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.

The firm declared a net profit of Rs. 7.17 crore for the first quarter of FY26, which is about 20 times more than the net profit of Rs. 35 lakh for the same period the previous year. The company's total income grew multi-fold, reaching Rs. 18.34 crore, compared to Rs. 51.47 lakh during the same period of Q1FY25. The firm recorded a net profit of Rs. 3.25 crore and total income of Rs. 133.89 crore for the fourth quarter of FY25. The firm declared a net profit of Rs. 4.89 crore and total income of Rs. 340.19 crore for FY2024-2025.

Mr. 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. The 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."

In December 2024, the company successfully raised Rs. 48.32 crore from rights issue to fund its expansion plans including working capital requirements and general corporate purposes. The company operates business through four divisions namely - Steel Raw material, sustainable agri solutions, customized resources and R&D.

On Friday, the shares of Pradhin Ltd ended at a 10% upper circuit limit at Rs 0.34 per share with a market cap of Rs 34.50 Cr. The stock reached a 52-week-high of Rs 1.76 on (29/08/2024) and a 52-week-low of Rs 0.29 on (11/06/2025). This indicates that the stock's value decreased by approximately 83.52% from its 52-week high to its 52-week low.

Pradhin Limited was founded in 1982 and focuses on the agriculture industry and steel raw materials. The firm provides a range of services, including research and development, tailored resources, sustainable agriculture solutions, and steel raw materials.