Heranba Industries Ltd Share Price – NSE /  BSE

Agro Chemicals, Small Cap

Crisil Ratings stated that the rating continues to reflect the established presence of the company in the agrochemicals market and healthy financial risk profile.

These strengths are partially offset by large working capital requirement and exposure to risks inherent in the agrochemicals industry.

The agency further said that growth in revenue and improvement in operating margins leading to accruals of over Rs 150 crore on a sustained basis, and improvement in working capital cycle with debtor collection and inventory rationalization, could lead to a positive rating action

Factors that would result in a downward rating action include decline in revenue or operating margin remaining below 9% resulting in lower-than-expected accruals; a further increase in working capital requirement; a larger-than-expected debt-funded capex or acquisition; or a more-than-expected dividend pay-out, weakening the financial risk profile, particularly liquidity.

Heranba Industries (HIL) manufactures formulations and active ingredients for insecticides, fungicides, and herbicides at its three units in Vapi, Gujarat.

The scrip declined 1.49% to currently trade at Rs 265 on the BSE.

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Heranba Industries announced that the Board of Directors of the Company at its meeting held on 23 May 2025, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Net Loss of Heranba Industries reported to Rs 41.49 crore in the quarter ended March 2025 as against net loss of Rs 0.34 crore during the previous quarter ended March 2024. Sales rose 29.80% to Rs 334.77 crore in the quarter ended March 2025 as against Rs 257.91 crore during the previous quarter ended March 2024.

For the full year,net profit declined 91.20% to Rs 3.07 crore in the year ended March 2025 as against Rs 34.89 crore during the previous year ended March 2024. Sales rose 12.14% to Rs 1409.73 crore in the year ended March 2025 as against Rs 1257.07 crore during the previous year ended March 2024.

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Heranba Industries will hold a meeting of the Board of Directors of the Company on 23 May 2025.

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