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Heranba Industries Ltd share Price Today

Company details

322.30
354.20
280.40
426.00
6M Return -3.41%
1Y Return -3.61%
Mkt Cap.(Cr) 1,371.05
Volume 410,049
Div Yield 0.36%
OI
-
OI Chg %
-
Volume 410,049

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Agrochemicals company Heranba Industries announced FY24 results:

  • Revenue from Operations stood at Rs 1,274.75 crore in FY24 as compared to Rs 1,324.40 crore in FY23.
  • EBITDA stood at Rs 126.99 crore during the year with EBITDA margin at 9.96% in FY24.
  • Profit After Tax stood at Rs 66.35 crorein FY24 as compared to Rs 110.10 crore in FY23.

Raghuram K. Shetty, Managing Director of Heranba Industries Limited, commented, “The Company’s FY24 revenues stood at Rs 1,274.75 crore restricted by unfavourable global economic scenario, inventory build-up in the system and sluggish demand from key export regions. However, we have witnessed decent traction for our formulation products in both domestic and export markets. The EBITDA margins remained muted during FY24 due to lower price realization in export markets and falling prices in finished goods. Despite of a challenging year, Heranba’s Balance Sheet continues to remain strong.

We are dedicated to accelerating revenue growth and productivity efforts in order to achieve significant margin expansion and we continue to view FY25 as a crucial acceleration point in Heranba’s Trajectory.

The Company continues to strengthen its product portfolio with new product registrations in both domestic & export markets and leverage its distribution network for delivering growth in the coming years.”

Result PDF

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Heranba Industries Ltd shares SWOT Analysis

Strengths (3)

  • Company with Low Debt
  • Company with Zero Promoter Pledge
  • Profit to Loss Companies

Weakness (6)

  • Degrowth in Revenue and Profit
  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)
  • Declining Revenue every quarter for the past 2 quarters

Opportunity (2)

  • RSI indicating price strength
  • High Volume, High Gain

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 357.1
R2 371.6
R3 389.0
Pivot

339.72

S1 325.2
S2 307.8
S3 293.3
EMA SMA
315.6
319.2
330.1
347.7
311.6
318.6
333.6
351.1
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 342.65 3,639.00 551.70 6,107.70 497.55
% Change 5.59 0.02 -1.08 -0.43 1.77
Mcap Cr 1,371.05 55,210.18 41,411.04 27,449.23 24,835.01
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 39.83 32.84 0.00 37.10 67.22
1 Year Return -3.61 -3.26 -19.14 44.16 21.04
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 33,119.99 -408.46
LAST 3M 113,155.52 -36,230.77
LAST 6M 183,603.09 -15,050.11
LAST 12M 290,144.87 98,834.05

Heranba Industries Ltd Information

Stock PE (TTM)
39.83
Promoter Holding
74.94%
Book Value
210.6949
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 Jun 14, 2024 03:59 PM the closing price of Heranba Industries Ltd was Rs.342.65.

The latest PE ratio of Heranba Industries Ltd as of Jun 14, 2024 03:59 PM is 39.83

The latest PB ratio of Heranba Industries Ltd as of Jun 14, 2024 03:59 PM is 0.61

The 52-week high of Heranba Industries Ltd share price is Rs. 426.00 while the 52-week low is Rs. 280.40

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 Jun 14, 2024 03:59 PM, the market cap of Heranba Industries Ltd stood at Rs. 1,371.05.

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