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Heranba Industries Ltd

Company details

321.65
365.50
321.65
738.00
6M Return -37.52%
1Y Return -50.60%
Mkt Cap.(Cr) 1,416.06
Volume 100,045
Div Yield 0.57%
OI
-
OI Chg %
-
Volume 100,045

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Heranba Industries Ltd.

Q3FY23 Quarterly Result Announced for Heranba Industries Ltd.

Agrochemicals firm Heranba Industries announced Q3FY23:

  • Q3FY23:
    • Revenue from operations stood at Rs 2,802 million in Q3FY23 as compared to Rs 3,954 million in Q3FY22.
    • EBITDA stood at Rs 264 million during the quarter with EBITDA margin of 9.41% in Q3FY23.
    • Profit after tax stood at Rs 144 million in Q3FY23 as compared to Rs 535 million in Q3FY22.

Mr. Raghuram K. Shetty, Managing Director of Heranba Industries Limited, commented, “The company’s 9MFY23 revenues stood at Rs 10,655 million impacted by challenging global macros including prolonged geopolitical concerns, rising inflation in major economies and slowdown in demand. The domestic technical business witnessed lower demand due to challenging market conditions coupled with a higher inventory. Our export business was impacted by volatile global macroeconomics. The EBITDA margins were suppressed during 9MFY23 due to higher raw material prices and an increase in power & fuel costs.

Heranba’s capex plans are progressing as planned and it will further strengthen the Company’s capacities and capabilities for the coming years. Heranba aims to leverage its sales and marketing teams' reach to strengthen its relationships with existing customers along with adding new customers. The near-term outlook is challenging for the entire agrochemical industry. However, Heranba will continue to diversify its product portfolio, widen its distribution network and sharpen its R&D focus for creating sustainable growth.”

Result PDF

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FINANCIALS

Sales

Operating Profit

Profit after Tax

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 714.46 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 9,798.25 -25,291.97
LAST 3M 27,044.95 -25,544.90
LAST 6M 49,131.67 47,902.81
LAST 12M 178,925.96 -114,950.83

Heranba Industries Limited - Copy of Newspaper Publication

Jan 30, 2023 l NSE Announcement

NSE Board Meetings Forthcomming

Jan 28, 2023 l NSE Board Meetings Forthcomming

Heranba Industries Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Jan 27, 2023 l NSE Announcement

Date Action Type Ratio
Jul 19, 2022 Dividend 20
Sep 06, 2021 Dividend 7

INFORMATION

Stock PE (TTM)

10.23

Promoter Holding

74.87%

Book Value

196.9765

ROCE

37.65%

ROE

30.43%

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

ICICIdirect Heranba Industries Ltd FAQ

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 Jan 31, 2023 04:01 PM the closing price of Heranba Industries Ltd was ₹ 353.90.
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 Jan 31, 2023 04:01 PM, the market cap of Heranba Industries Ltd stood at ₹ 1,416.06.
The latest PE ratio of Heranba Industries Ltd as of Jan 31, 2023 04:01 PM is 10.23
The latest PB ratio of Heranba Industries Ltd as of Jan 31, 2023 04:01 PM is 0.56
The 52-week high of Heranba Industries Ltd is ₹ 738.00 while the 52-week low is ₹ 321.65

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