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Heranba Industries Ltd share Price Today

Company details

323.65
330.20
282.55
426.00
6M Return -8.04%
1Y Return -12.63%
Mkt Cap.(Cr) 1,306.62
Volume 29,388
Div Yield 0.39%
OI
-
OI Chg %
-
Volume 29,388

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Agrochemicals company Heranba Industries announced Q3FY24 & 9MFY24 results:

Q3FY24:

  • Revenues: Rs 301.70 crore in Q3FY24 compared to Rs 280.21 crore in Q3FY23, indicating a change of 7.60%.
  • EBITDA: Rs 34.94 crore in Q3FY24 compared to Rs 26.45 crore in Q3FY23, showing a change of 32.09%.
  • EBITDA Margin: 11.58% in Q3FY24 compared to 9.43% in Q3FY23, reflecting an increase of 215 basis points (bps).
  • PAT: Rs 19.21 crore in Q3FY24 compared to Rs 14.39 crore in Q3FY23, showing a change of 33.49%.
  • PAT Margin: 6.36% in Q3FY24 compared to 5.13% in Q3FY23, indicating an increase of 123 bps.

9MFY24:

  • Revenues: Rs 1,013.46 crore in 9MFY24 compared to Rs 1065.48 crore in 9MFY23, showing a change of -4.80%.
  • EBITDA: Rs 78.13 crore in 9MFY24 compared to Rs 117.43 crore in 9MFY23, indicating a change of -33.46%.
  • EBITDA Margin: 7.71% in 9MFY24 compared to 11.02% in 9MFY23, reflecting a decrease of 331 bps.
  • PAT: Rs 53.26 crore in 9MFY24 compared to Rs 95.78 crore in 9MFY23, showing a change of -44.39%.
  • PAT Margin: 5.25% in 9MFY24 compared to 8.98% in 9MFY23, indicating a decrease of 373 bps.

Raghuram K. Shetty, Managing Director of Heranba Industries, commented, “The Company revenues stood at Rs 301.70 Cr. in Q3FY24 driven by strong performance in domestic markets navigating uneven monsoon distribution. Our export business was affected by the weak export demands & falling prices.

We are dedicated to accelerating revenue growth and productivity efforts in order to achieve significant margin expansion and we continue to view FY24 as crucial acceleration point in Heranba’s trajectory.

 

Result PDF

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Heranba Industries Ltd shares SWOT Analysis

Strengths (2)

  • Company with Low Debt
  • Company with Zero Promoter Pledge

Weakness (2)

  • Low Piotroski Score : Companies with weak financials
  • Major fall in TTM Net Profit

Opportunity (1)

  • Positive Breakout First Resistance ( LTP > R1)

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 326.2
R2 328.8
R3 331.1
Pivot

323.88

S1 321.3
S2 319.0
S3 316.4
EMA SMA
321.7
333.1
345.9
361.9
316.2
334.6
355.7
360.0
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-06-14 399.39 244637 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2023-06-14 399.67 244637 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-04-21 364.76 208986 NSE
Name Category Shares
RAGHURAM KANYAN SHETTY PROMOTER 29.77%
SADASHIV KANYANA SHETTY PROMOTER 18%
SUJATA SADASHIV SHETTY PROMOTER 8.07%
VANITA RAGHURAM SHETTY PROMOTER 5.04%
RAGHURAM KANYAN SHETTY (HUF) PROMOTER 3.45%
SHREYA SADASHIV SHETTY PROMOTER 2.36%
SHRIRAJ SADASHIV SHETTY PROMOTER 2.11%
RAUNAK RAGHURAM SHETTY PROMOTER 1.59%
ROSHAN RAGHURAM SHETTY PROMOTER 1.59%
SADASHIV KANYANA PAKEERA SHETTY HUF PROMOTER 0.8%
SAMS INDUSTRIES PROMOTER 2.17%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Heranba Industries Ltd Stocks COMPARISON

Financials( in Cr) Heranba Industries Ltd P I Industries Ltd UPL Ltd Bayer CropScience Ltd Sumitomo Chemical India Ltd
Price 326.55 3,754.85 498.45 5,533.20 399.70
% Change 0.93 1.72 0.60 -0.43 -0.65
Mcap Cr 1,306.62 56,967.83 37,414.06 24,867.31 19,950.87
Revenue TTM Cr 1,318.82 6,492.00 53,576.00 5,139.70 3,510.97
Net Profit TTM Cr 104.37 1,229.50 4,414.00 758.20 502.21
PE TTM 27.90 35.17 0.00 31.27 60.47
1 Year Return -12.63 20.62 -31.71 34.56 -4.05
ROCE 15.95 21.56 15.20 32.05 29.85
ROE 12.88 18.46 16.20 25.91 23.31
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 810.37 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,463.02 -6,228.06
LAST 3M 77,954.71 28,409.22
LAST 6M 138,694.84 74,737.91
LAST 12M 215,251.82 194,497.84

Heranba Industries Ltd Information

Stock PE (TTM)
27.9
Promoter Holding
74.94%
Book Value
206.6213
ROCE
15.95%
ROE
12.88%
Description
  • Incorporated in 1992,Heranba Industries Ltd is engaged in manufacturing of agrochemical products.The company produces synthetic Phrethroids and its intermediates.The product portfolio includes insecticides,fungicides,herbicides,plant growth regulators and other related agrochemical products.The company is having a fully equipped in-house laboratory with all laboratory equipments such as HPLCs,GCs,Polarimeters,Particle size Analysers,Spectrophotometers and other conventional lab equipments.Presently the company also provides processing services for Ammonolysis,Esterification,Hydrolysis,Condensation,Favorski Reaction,Isomerisation,Cyanation,Friedel Crafts,Methoxylation,Cyclisation,Halogenation,Sulphonation etc. Heranba has fully integrated and modern manufacturing facilities with an In-house R&D facility for product development and process intensification.The company`s manufacturing facilities are situated in the industrial belt of Vapi,Gujarat.The company has an aggregate manufacturing capacity of 14024 MTPA.These facilities offer a range of Crop Protection and Public Health Solutions.The company has three manufacturing units,two units are involved in the production of various technicals and intermediates,while the third plant is engaged in formulation and packaging. The first manufacturing facility of Heranba produces technical grade Synthetic Pyrethroids like Cypermethrin, Deltamethrin, Alphacypermethrin and Permethrin, alongwith other products like Glyphosate, Acephate, Imidacloprid, Profenophos, Temephos, Clodinofop Propargyl, Tricyclazole, Thiamethoxam, Lambdacyhalothrin, Bromobenzene, Metaphenoxy Benzaldehyde (MPBD), Metaphenoxy Benzyl Alcohol (MPBAL). The second plant manufactures high quality derivatives of Cypermethric Acid Chloride as per customer`s requirement. Cypermethrin and Alphacypermethrin Technical are also manufactured in this plant. The third plant of Heranba`s ISO 9001: 2015 certified unit with modern formulation and Packing facility capable of handling large capacities of liquid, Powders and Granules. It specialises in various formulations such as EC, SC, CS, FS, WP, WDG and Granules and many more formulations to cater to the Indian market as well as for export.The company has bagged the Chemexil award for Large Scale Manufacturer and Exporter 2016-17. The company also won the Overseas Market Expansion Award 2018 in CAC,China. Heranba Industries has established its presence in CHINA with an office in Titanning District, Changzhous, Jiangsu, China.The Company has recently acquired additional plots at Saykha and Sarigam, both situated in Gujarat, India for their growth plans, where the company has planned to come up with more advanced Technicals, with the help of their In-house Research & Development. During the FY2019, the Company has redeemed its entire Preference Share Capital of Rs. 25,12,100 divided into 25121 Preference Share of Rs. 100/- each. The company also issued and allotted 3,12,45,224 Equity Shares of Rs.10 each as Bonus Equity Shares in the proportion of 4 equity shares for every 1 existing equity shares held by the Members. During the FY2020, a new Wholly Owned Subsidiary Company was incorporated in china under the name of Chang Zhou Heranba Crop Science and Technology Co., Ltd. The Company shall subscribe to all the Share Capital of the aforesaid Subsidiary Company in China however the company has not yet remitted the fund to subscribe to the Subscribed Capital of the aforesaid Subsidiary Company in China. The company has come out with Rs 625 crore IPO in February 2021,offered upto 99.8 lakh shares with 90.20 lakh shares under offer for sale and the rest through fresh issue of shares.The company has successfully completed its IPO and the shares of the company were listed in BSE and NSE on 05 March 2021.

Registered Address

Plot No 1504/1505/1506/1, GIDC Phase-III Vapi, Valsad, Gujarat, 396195

Tel : 91-260-2401646
Email : compliance:heranba.com
Website : http://www.heranba.co.in
Registrar

Bigshare Services Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543266
NSE Code : HERANBA
Book Closure Date (Month) : Aug
BSE Group : B
ISIN : INE694N01015

FAQ’s on Heranba Industries Ltd Shares

You can buy Heranba Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Heranba Industries Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 24, 2024 04:11 PM the closing price of Heranba Industries Ltd was ₹ 326.55.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 24, 2024 04:11 PM, the market cap of Heranba Industries Ltd stood at ₹ 1,306.62.

The latest PE ratio of Heranba Industries Ltd as of Apr 24, 2024 04:11 PM is 27.9

The latest PB ratio of Heranba Industries Ltd as of Apr 24, 2024 04:11 PM is 0.64

The 52-week high of Heranba Industries Ltd share price is ₹ 426.00 while the 52-week low is ₹ 282.55

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