Heranba Industries Ltd
Incorporated in 1994, Heranba Industries Ltd is engaged in the manufacturing of a diverse range of agrochemicals such as insecticides, herbicides, fungicides and public health products for pest control. [1]
- Market Cap ₹ 1,405 Cr.
- Current Price ₹ 351
- High / Low ₹ 426 / 278
- Stock P/E 21.2
- Book Value ₹ 219
- Dividend Yield 0.36 %
- ROCE 10.6 %
- ROE 7.84 %
- Face Value ₹ 10.0
Pros
Cons
- The company has delivered a poor sales growth of 4.88% over past five years.
- Dividend payout has been low at 5.44% of profits over last 3 years
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Agro Chemicals Industry: Pesticides / Agrochemicals - Indian
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
514 | 582 | 741 | 1,004 | 951 | 1,219 | 1,450 | 1,324 | 1,275 | |
470 | 534 | 653 | 873 | 822 | 997 | 1,190 | 1,163 | 1,178 | |
Operating Profit | 44 | 48 | 88 | 131 | 129 | 221 | 260 | 161 | 97 |
OPM % | 9% | 8% | 12% | 13% | 14% | 18% | 18% | 12% | 8% |
1 | 2 | 5 | 7 | 17 | 7 | 19 | 14 | 30 | |
Interest | 13 | 12 | 12 | 11 | 9 | 5 | 4 | 8 | 12 |
Depreciation | 4 | 4 | 5 | 6 | 8 | 15 | 20 | 23 | 25 |
Profit before tax | 28 | 35 | 76 | 122 | 129 | 208 | 255 | 144 | 90 |
Tax % | 39% | 41% | 39% | 38% | 24% | 26% | 26% | 24% | 27% |
17 | 20 | 47 | 75 | 98 | 154 | 189 | 110 | 66 | |
EPS in Rs | 21.61 | 26.01 | 60.02 | 19.31 | 25.00 | 38.54 | 47.25 | 27.52 | 16.58 |
Dividend Payout % | 13% | 10% | 9% | 5% | 6% | 4% | 4% | 5% | 8% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 2% |
TTM: | -4% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -3% |
3 Years: | -24% |
TTM: | -39% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -20% |
1 Year: | -9% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 21% |
3 Years: | 16% |
Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 8 | 8 | 8 | 39 | 39 | 40 | 40 | 40 | 40 |
Reserves | 91 | 108 | 150 | 189 | 282 | 488 | 674 | 776 | 837 |
96 | 84 | 76 | 50 | 43 | 52 | 91 | 93 | 144 | |
130 | 120 | 217 | 282 | 261 | 263 | 302 | 250 | 378 | |
Total Liabilities | 325 | 321 | 450 | 560 | 625 | 843 | 1,108 | 1,159 | 1,399 |
37 | 38 | 46 | 51 | 95 | 133 | 193 | 186 | 240 | |
CWIP | 0 | 0 | 1 | 16 | 38 | 10 | 14 | 42 | 11 |
Investments | 0 | 0 | 0 | 0 | 4 | 10 | 2 | 1 | 2 |
287 | 282 | 403 | 493 | 488 | 690 | 898 | 930 | 1,146 | |
Total Assets | 325 | 321 | 450 | 560 | 625 | 843 | 1,108 | 1,159 | 1,399 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
52 | 54 | 60 | 98 | 122 | 136 | ||||
-25 | -52 | -41 | -82 | -100 | -264 | ||||
-26 | -20 | 62 | -6 | -18 | 41 | ||||
Net Cash Flow | 1 | -18 | 82 | 10 | 4 | -87 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 102 | 78 | 100 | 92 | 99 | 102 | 112 | 107 | 143 |
Inventory Days | 76 | 86 | 68 | 60 | 83 | 78 | 100 | 122 | 100 |
Days Payable | 96 | 84 | 129 | 123 | 122 | 92 | 96 | 77 | 117 |
Cash Conversion Cycle | 83 | 79 | 39 | 29 | 61 | 89 | 116 | 152 | 125 |
Working Capital Days | 98 | 89 | 76 | 58 | 83 | 96 | 116 | 131 | 118 |
ROCE % | 24% | 41% | 52% | 43% | 45% | 37% | 18% |
Documents
Announcements
- Closure of Trading Window 27 Jun
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - Financial Results of the Company for the quarter and year ended on 31st March, 2024 has been published in Financial Express (English-Ahmedabad Edition), Financial Express …
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Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Annual Secretarial Compliance Report for the financial year ended March 31, 2024
- Proposed Incorporation Of Newly Wholly Owned Subsidiary Company ( Foreign Subsidiary ) 27 May
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Appointment Of Secretarial, Cost And Internal Auditor For F.Y. 2024-25
27 May - On May 27, 2024 appointed the Secretarial, Cost and Internal Auditor for the F.Y. 2024-25, the details of which are given in the filed attached …
Annual reports
Concalls
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May 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Jan 2022TranscriptNotesPPT
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Dec 2021TranscriptPPT
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Nov 2021Transcript PPT
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Aug 2021Transcript PPT
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Aug 2021TranscriptNotesPPT
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Jun 2021Transcript PPT
Product Portfolio
Heranba is an agrochemical company in India. It manufactures Synthetic Pyrethroids and its intermediates in India. It has a portfolio of 370+ products comprising intermediates, technicals and formulations for insecticides, herbicides, fungicides, and public health products.