Overview

Detailed Summary

Heranba Industries Limited is a leading agrochemical manufacturer specializing in synthetic pyrethroids and offering a wide range of crop protection and public health solutions.
The company's nine-month revenue for FY25 was Rs. 1,075 crore, but global macroeconomic challenges and demand slowdowns have impacted growth, leading to significant fluctuations in product pricing, especially in exports.
Despite a challenging market environment, Heranba is expanding its manufacturing capabilities, with ongoing capex at its Sarigam and Saykha facilities. The new production sites are expected to boost growth and diversify product offerings.
Heranba has been actively focusing on expanding its formulation business, leveraging its technical production for higher value addition, which is increasingly contributing to revenue.
The company is strategically positioning itself to benefit from the China Plus One strategy, expecting future growth from new registrations in export markets, especially with its recent expansion initiatives.

Sector: Agro Chemicals
Industry: Pesticides / Agrochemicals - Indian - Large
Market Cap: 782 Cr
Volatility: Low Risk
P/E Ratio: -13.7
Industry P/E: 26.2
PEG Ratio: —
P/B Ratio: 0.9
52W High: 403.40
52W Low: 192.75

Sales CAGR

1Y: 12.14%
3Y: 1.04%
5Y: 9.47%
10Y: 11.77%

Profit CAGR

1Y: -93.48%
3Y: -34.14%
5Y: -11.17%
10Y: 13.92%

ROE

TTM: -5.59%
3Y: 8.80%
5Y: 14.86%
10Y: 17.35%

ROCE

TTM: 1.07%
3Y: 13.35%
5Y: 21.11%
10Y: 26.11%

Technicals

‌

Forecasts

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
PUNJABCHEM	1075.00	1,318 Cr	21.96	3.30	0.28	13.08	16.21	8.67
MOL	48.15	1,224 Cr	30.28	0.79	0.00	2.58	7.27	1.23
EXCELINDUS	900.90	1,129 Cr	14.94	0.62	1.53	4.07	5.39	3.36
DHARMAJ	251.00	842 Cr	24.37	1.90	0.00	10.95	13.62	5.05
HERANBA	195.65	782 Cr	-13.69	0.93	0.51	-5.59	1.07	-2.79
BESTAGRO	16.19	574 Cr	15.91	0.79	1.24	1.58	6.54	1.23
IGCL	67.41	422 Cr	10.77	0.96	0.00	8.63	10.37	4.41

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

Ask AI

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	424	300	258	296	437	341	335	452	522	301
Expenses	380	275	246	256	378	329	349	421	473	289
Operating Profit	44	24	12	40	60	13	-14	31	49	12
OPM %	10.44	8.09	4.79	13.61	13.61	3.67	-4.33	6.90	9.36	4.12
Other Income	1.84	1.69	4.51	1.14	3.06	0.27	3.11	13	-3.12	3.80
Interest	2.13	2.66	5.24	4.53	5.96	6.15	14	12	12	12
Depreciation	6.18	6.35	7.95	13	14	14	16	21	26	26
Profit Before Tax	38	17	3.68	24	43	-7.38	-41	11	7.74	-22
Tax %	28.83	17.73	119.84	29.67	12.30	-40.51	-1.29	43.17	127.65	-7.38
Net Profit	27	14	-0.73	17	38	-10	-42	6.32	-2.14	-23
EPS in Rs	6.73	3.48	-0.09	4.19	9.49	-2.55	-10.37	1.53	0.36	-5.81

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	1,319	1,257	1,410	1,566
Expenses	1,163	1,180	1,312	1,477
Operating Profit	156	77	98	89
OPM %	11.83	6.12	6.95	5.67
Other Income	12	14	7.58	19
Interest	7.94	12	31	38
Depreciation	23	26	57	65
Profit Before Tax	138	52	18	5.54
Tax %	24.14	33.96	87.54	245.49
Net Profit	104	35	2.25	-8.06
EPS in Rs	26.09	8.72	0.76	-14.29
Dividend Payout %	4.79	14.33	129.87	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2023	Mar 2024	Mar 2025
Equity Capital	40	40	40
Reserves	770	803	801
Borrowings	93	165	349
Other Liabilities	259	472	623
Total Liabilities	1,162	1,480	1,813
Fixed Assets	209	445	662
CWIP	72	137	70
Investments	0.77	1.57	2.83
Other Assets	881	896	1,078
Total Assets	1,162	1,480	1,813

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2024	Mar 2025
Cash from Operating Activity	107	101
Cash from Investing Activity	-241	-239
Cash from Financing Activity	62	152
Net Cash Flow	-72	14

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	74.90%	74.94%	74.94%	74.94%	74.94%	74.94%	74.94%	74.94%	74.94%	74.94%	74.94%	74.94%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.40%	0.42%	0.10%	0.05%	0.05%	0.08%
DIIs	1.21%	0.85%	0.29%	0.40%	0.40%	0.21%	0.21%	0.21%	0.21%	0.27%	0.27%	0.27%
Public	23.89%	24.21%	24.76%	24.66%	24.66%	24.85%	24.45%	24.43%	24.75%	24.73%	24.73%	24.70%
Total Shareholders	94,596	93,082	89,895	88,221	84,822	81,439	76,492	74,579	73,649	71,630	70,671	69,062

Market Transactions

Unlock Premium Features

Analyst Target, Price, EPS and Revenue Projections

Upgrade

Projection

Documents

Presentations

Concalls

Reports

Presentations

Investor Presentation

Q2 FY25

Investor Presentation

Q4 FY24

Investor Presentation

Q3 FY24

Available on Pro Plan