Heranba Industries Ltd.
Snapshot View

810.15 -10.65 ▼-1.3%

30 July 2021, 04:00:00 P.M.
Volume: 17,909

Overview View Details

Sector Chemicals Compare with Sector peers
Industry Pesticides & Agrochemicals Compare with Industry peers
Website http://www.heranba.co.in
Financial Indicators
Market Cap 3,284.31 Cr.
Earnings per share (EPS) 38.54 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 21.30 Trailing Twelve Months Ending 2021-03
Industry PE 31.83 Trailing Twelve Months Ending 2021-03
Book Value / Share 131.99 Trailing Twelve Months Ending 2021-03
Price to Book Value 6.22 Calculated using Price: 820.80
Dividend Yield 0.09 Period Ending 2020-03
No. of Shares Subscribed 4.00 Cr. 40,013,467 Shares
FaceValue 10
Company Profile

Heranba Industries is a crop protection chemical manufacturer, exporter and marketing company based out of Vapi, Gujarat. It manufactures Intermediates, Technicals and Formulations. It is one of the leading domestic producers of synthetic pyrethroids like cypermethrin, alphacypermethrin, deltamethrin, permitherin, lambda cyhalothrin etc. Its Pesticides range includes insecticides, herbicides, fungicides and public health products for pest control. Its business verticals include (a) Domestic Institutional sales of Technicals: manufacturing and selling of Technicals in bulk to domestic companies; (b) Technicals Exports: Exports of Technicals in bulk to customers outside India; (c) Branded Formulations: Manufacturing and selling of Formulations under its own brands through its own distribution network in India; (d) Formulations Exports: Export of Formulations in bulk and customer specified packaging outside India; and (e) Public Health: Manufacturing and selling of general insect control chemicals by participating in public health tenders issued by governmental authorities and selling to pest management companies.

Business area of the company

The company is engaged in manufacturing process which mainly includes chemical reactions of ammonolysis, esterification, hydrolysis, condensation, favorski reaction, isomerisation, cyanation, friedel crafts, methoxylation, cyclisation and halogenation. It has its inhouse R&D team for product development and improvisation which is well supported by its product registration team. Its R&D facilities at Unit I and II are recognized by the Department of Scientific and Industrial Research, Ministry of Science & Technology, Government of India (DSIR). Its new R&D facility at Unit III, Sarigam has become operational from October, 2020.

Major events and milestones:

  • 1991-92: Incorporation of the company.
  • 1996-97: Change of name of the company from Heranba Industrial Chemicals to Heranba Industrial Chemicals consequent to conversion of the company from Private Limited to Public Limited.
  • 1996-97: Change of name of the company from Heranba Industrial Chemicals to Heranba Industries.
  • 1996-97: Commencement of production of Cypermethrin Technical.
  • 2003-04: Commencement of production of Alphacypermethrin Technical.
  • 2005-06: Setting up of Unit II and commencement of manufacturing Formulations.
  • 2006-07: Setting up and commencement of production at old Unit III.
  • 2006-07: Commencement of production of Permethrin Technical.
  • 2013-14: Receipt of ISO 9001:2015 certification in respect of production & dispatch of agro Formulations and packing & dispatch of agro based herbicides.
  • 2014-15: Achieved Turnover of Rs 500 crore.
  • 2017-18: Setting up and commencement of manufacturing at old Unit IV.
  • 2019-20: Setting up and commencement of manufacturing at Sarigam Unit.
  • 2019-20: Setting up a subsidiary of the company, Chang Zhou Heranba Crop Science and Technology CO., LTD in China.
  • 2020-21 Consolidation of manufacturing operations of old Unit III with Unit I and of old Unit IV with Sarigam Unit.

Awards and Recognitions:

  • 1999-2000 Received Rashtriya Udyog Ratan Award from India International Council for Industries & Trade, New Delhi.
  • 2005-2006 Received an Award from Chemexcil for the outstanding export performance in basic inorganic & organic chemicals.
  • 2017-2018 Received an Award for overseas market expansion from China International Agrochemical and Crop Protection Exhibition Organising Committee.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.30%
1 Week
+0.15%
1 Month
+16.48%
3 Month
+13.36%
6 Month
1 Year
2 Year
5 Year
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 15.88 19.90 27.17 24.37 18.31 17.65 34.30 39.12 35.61
Return on Capital Employed (%) 22.03 24.83 26.89 27.39 23.10 23.04 40.60 51.94 42.89
Return on Assets (%) 3.47 4.73 6.19 5.67 4.81 5.68 12.15 14.92 16.50

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 43 52 68 85 99 116 157 228 321
Non Curr. Liab. 6 6 7 9 12 8 9 10 9
Curr. Liab. 127 163 228 253 237 197 284 322 295
Minority Int.
Equity & Liab. 176 221 302 347 347 321 450 560 625
Non Curr. Assets 32 34 39 44 48 55 76 109 153
Curr. Assets 144 187 263 303 300 266 374 452 471
Misc. Exp. not W/O
Total Assets 176 221 302 347 347 321 450 560 625

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 244 340 456 520 520 582 741 1,004 951
Other Income 7 2 5 8 6 3 5 7 17
Total Income 251 342 461 527 527 585 747 1,012 968
Total Expenditure -224 -309 -419 -479 -480 -535 -653 -873 -822
PBIDT 27 33 41 48 46 50 93 139 146
Interest -12 -12 -13 -14 -13 -12 -12 -11 -9
Depreciation -3 -3 -5 -5 -4 -4 -5 -6 -8
Taxation -5 -8 -7 -11 -12 -14 -29 -47 -31
Exceptional Items
PAT 6 9 16 18 17 19 47 75 98

Cash Flow View Details

Particulars 4 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 30 52 88 54
Cash Fr. Inv. -6 -25 -37 -52
Cash Fr. Finan. -25 -26 -41 -20
Net Change -1 1 9 -18
Cash & Cash Eqvt 10 12 21 3

Shareholding Pattern View Details

6 Qtrs 2014-03 (%) 2015-09 (%) 2016-09 (%) 2018-08 (%) 2021-03 (%) 2021-06 (%)
Promoter 0.00 80.41 99.99 100.00 74.15 74.15
Public 100.00 19.59 0.01 0.00 25.85 25.85
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 20 Jul 2021
Shareholding for the Period Ended June 30 2021
Heranba Industries Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Fri, 16 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
413170
Name of the Signatory :- Abdul Latif
Designation :- Company Secretary and Compliance Officer
Wed, 14 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Compliance Certificate for June Quarter

Technical Scans View Details

Thu, 29 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Stochastic In Overbought Zone Stochastic In Overbought Zone
NR 4 NR 4

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