Heranba Industries
- Market cap
- ₹ 593 Cr.
- P/E
- 24.3x
- P/B
- 0.8x
- 52-week range
- 144.3 – 305
- ROE
- −10%
- ROCE
- −2%
- Dividend yield
- 0%
- Debt / equity
- 0.76
- Sector
- Fertilizers & Agrochemicals
- Industry
- Pesticides & Agrochemicals
- Listed on
- NSE, BSE
About
Heranba Industries Limited is an India-based agrochemical company that manufactures agrochemical products and public health solutions. The Company develops, manufactures, and sells crop protection solutions such as herbicides, insecticides, and fungicides. It operates through a single segment, namely agricultural chemicals. Its products include technical, intermediate, and formulations. Its technical products include High CIS CMAC, High TRANS CMAC, and Cypermethric Acid Chloride. Its formulation products include brands, which include insecticides, herbicides, fungicides, and plant growth regulators; public health, which includes general insect control, larvae and vector control, termite control, fogging, and indoor residual spray, and fertilizer. It has approximately four manufacturing facilities located in the Industrial belt of Vapi and Sarigam, which is in Gujarat. It has an in-house research and development facility for product development and process intensification.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Pesticides & Agrochemicals: 33 companies →Heranba Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)24.3 against a typical 23.3: pricier than most peers (1st = cheapest).20th of 33
- Sales growth−15.3% against a typical −4.5% from a year earlier.28th of 31
- Profit growth+11.2% against a typical +15.2% from a year earlier.15th of 25
- Share price, 3 months−16.6% against a typical −15.5%.17th of 32
- Size₹ 593.1 Cr. market value against a typical ₹ 883.3 Cr. (1st = largest).18th of 31
Latest announcements
Exchange filings and their impact on the company.
- Heranba's CFO Pravin Shetty to step down on Dec 31, 2026 with a two-month handover.
Heranba Industries said Group Chief Financial Officer Pravin Shetty has resigned due to personal and family commitments, effective close of business on December 31, 2026. Shetty said he will support handover until then and noted key assignments including the consortium funding exercise are substantially completed and in final stages. The company said it will identify a suitable successor within prescribed timelines.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated A- by CRISIL- CRISIL lowered its rating on 8 Jun 2026.
- CRISIL expects things to get worse (negative outlook).
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A- | Negative | 24 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 24 Aug 2026 | Reaffirmed | Crisil A- | — | CRISIL | ₹ 353 Cr. | |
| 8 Jun 2026 | ▼ Downgrade1 notch | Crisil A → Crisil A- | — | CRISIL | ₹ 265.5 Cr. | |
| 30 Jan 2026 | Reaffirmed | Crisil A | — | CRISIL | ₹ 265.5 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 22 Aug 2026 | Financial Results/Other business matters | HERANBA : 22-Aug-2026 : The Company has informed the Exchange that a Board meeting to be held on August 14, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on August 22, 2026, To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 14 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 28 May 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters |
| 27 Apr 2026 | Other business matters | To consider and approve the proposal for conversion of Inter Corporate Deposits (ICD) granted by the Company to its wholly owned subsidiary Heranba Organics Private Limited ( HOPL ), into Optionally Fully Convertible Debentures (OFCDs) on such terms and conditions as may be approved. |
| 11 Feb 2026 | Financial Results/Other business matters | To consider and approve Quarterly Unaudited Financial results of the Company for the period ended December 31, 2025 and other business matters |
| 14 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 424 | 300 | 258 | 296 | 437 | 341 | 335 | 452 | 522 | 301 | 319 | 383 |
| Expenses | 380 | 275 | 246 | 256 | 378 | 329 | 349 | 421 | 473 | 289 | 343 | 334 |
| Operating Profit | 44 | 24 | 12 | 40 | 60 | 13 | −14 | 31 | 49 | 12 | −23 | 49 |
| OPM % | 10.4% | 8.1% | 4.8% | 13.6% | 13.6% | 3.7% | −4.3% | 6.9% | 9.4% | 4.1% | −7.3% | 12.8% |
| Other Income | 2 | 2 | 5 | 1 | 3 | 0 | 3 | 13 | −3 | 4 | −6 | 6 |
| Interest | 2 | 3 | 5 | 5 | 6 | 6 | 14 | 12 | 12 | 12 | 14 | 13 |
| Depreciation | 6 | 6 | 8 | 13 | 14 | 14 | 16 | 21 | 26 | 26 | 25 | 22 |
| Profit before tax | 38 | 17 | 4 | 24 | 43 | −7 | −41 | 11 | 8 | −22 | −68 | 20 |
| Tax % | 28.8% | 17.7% | 119.8% | 29.7% | 12.3% | 40.5% | 1.3% | 43.2% | 127.7% | 7.4% | −14.3% | 65% |
| Net Profit | 27 | 14 | −1 | 17 | 38 | −10 | −42 | 6 | −2 | −23 | −58 | 7 |
| EPS in Rs | 6.73 | 3.48 | −0.08 | 4.19 | 9.49 | −2.55 | −10.37 | 1.52 | −0.36 | −5.81 | −14.45 | 1.78 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 7%
- TTM
- −3%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- −891%
- 10 Years
- —
- 5 Years
- −26%
- 3 Years
- −21%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- −2%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Heranba Industries | ₹ 148.50 | ₹ 593 Cr. | 24.3x | 0.8x | −10% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 99.6x | 26.6x | 31.4% | 17.7% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 23.8% | 16.9% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.6x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 110.5x | 14.2x | 13.6% | 21.7% |
Management
- Sadashiv Kanyana Shetty
- Executive Chairman of the Board
- Pravin Babu Shetty
- Chief Financial Officer
- Abdul Latif
- Compliance Officer, Company Secretary
- Raghuram Kanyan Shetty
- Managing Director, Whole Time Director
- Raunak Raghuram Shetty
- Whole Time Director
- Roshan R. Shetty
- Additional Whole-Time Director
- Shriraj S. Shetty
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.