HERANBACommodities

Heranba Industries Limited

Pesticides & Agrochemicals · ISIN INE694N01015 · BSE 543266 · NSE EQ · FV ₹10
Last price
₹166
+1.51%today
What this company does

Heranba Industries Limited operates in Pesticides & Agrochemicals, part of the Commodities sector. It booked ₹383 cr of revenue in its latest quarter (Q1 FY27) and kept 1.9% of sales as profit.

Their stated mission

is to improve crop leading agrochemical companies, Heranba productivity and public health.

In the report:
51out of 100
Equitytale Health Score
Mixed

Healthier than 51% of companies in Commodities, on all six measures of filed financials. Each measure is ranked against the 121–173 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
42

At close. Not part of the score.

Profitability & returns35

How much profit it earns on the money it employs

Balance sheet22

How much it owes, and whether earnings cover the interest

Cash quality66

Whether reported profit actually arrives as cash

Growth & consistency75

Whether sales and profit have grown, and how steadily

Valuation47

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Some things to watchPriced in line with peers
Strengths
Makes a profit
Profit up 17% vs last year
Promoters hold 75%
No promoter shares pledged
Watch-outs
! Thin 1.9% net margin
! Sales down 15% vs last year
! Low 3.7% return on equity
! Operating cash flow is negative

What if I invest in HERANBA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹166 +1.51%
latest close · 2026-09-17
1-year return
-78.9%
52-wk low ₹15852-wk high ₹836
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio23.3Average
LowAverageHigh
P/B ratio0.87Below book
Below bookModerateHigh
EV / EBITDA5.5Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity3.7%Weak
WeakFairStrong ▸15%
Return on capital15.3%Strong
WeakFairStrong
Net margin1.9%Thin
ThinDecentStrong
EBITDA margin14.3%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.74Moderate
LowModerateHigh ▸1
Interest cover2.6×Okay
RiskyOkayStrong ▸5×
Current ratio1.08Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹663 cr
Book value
₹190
EPS
₹1.78
latest quarter
Net debt
₹549 cr
owes more than its cash
Enterprise value
₹1,212 cr
EBITDA
₹220 cr
annualised
EBIT
₹132 cr
annualised
Operating margin
8.6%
Return on assets
1.4%
Earnings yield
4.29%
P/S
0.43
Sales / share
₹383.1
Tax rate
65.0%
Face value
₹10
Shares
4.0 cr
Working capital
₹93 cr
Current assets
₹1,199 cr
Current liabilities
₹1,107 cr
Delivery %
53.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹87₹143, midpoint ₹115

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹383 cr
Other Income₹6 cr
Total Income₹389 cr
Cost of Materials₹257 cr
Purchases of Stock-in-Trade₹44 cr
Inventory Change (±)₹-71 cr
Employee Benefit Expense₹30 cr
Finance Costs₹13 cr
Depreciation & Amortisation₹22 cr
Other Expenses₹74 cr
Total Expenses₹369 cr
Profit before Tax₹20 cr
Tax Expense₹13 cr
Net Profit₹7 cr
Net margin on total income1.8%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹230 cr59.2%
Employee benefit expense₹30 cr7.6%
Finance costs₹13 cr3.3%
Depreciation & amortisation₹22 cr5.6%
Other expenses₹74 cr19.1%
Tax expense₹13 cr3.4%
Profit for the period₹7 cr1.8%
Total income ₹389 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue301 cr319 cr383 cr
Total income305 cr314 cr389 cr
Expenses327 cr382 cr369 cr
Profit before tax-22 cr-68 cr20 cr
Tax2 cr-10 cr13 cr
Net profit (owners' share)-23 cr-58 cr7 cr
Net margin (owners' share, on revenue)-7.7%-18.1%1.9%
EPS (₹)-5.81-14.451.78
YoY (latest quarter): total income -16.4% · net profit +17.0%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹1,970 cr
Shareholder equity
₹762 cr
parent shareholders
Total debt
₹573 cr
Cash
₹24 cr
Cash flow · H1 FY26
Operating
₹-122 cr
Investing
₹-27 cr
Financing
₹135 cr
Peer comparison
Pesticides & Agrochemicals · by market value
CompanyPriceMarket capP/E
UPL Limited₹555₹3.37 L cr1,155.7
PI Industries Limited₹2,307₹35,066 cr35.8
Sumitomo Chemical India Limited₹455₹22,734 cr26.5
Sharda Cropchem Limited₹742₹6,692 cr19.0
Dhanuka Agritech Limited₹982₹4,428 cr14.7
Rallis India Limited₹204₹3,971 cr
NACL Industries Limited₹149₹3,488 cr41.8
Bhagiradha Chemicals & Industries Limited₹248₹3,215 cr60.2
GSP Crop Science Limited₹484₹2,252 cr21.3
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹1
ex 17 Sep 2025
ActionDetailEx-date
Dividend₹1 / share17 Sep 2025
Dividend₹1.25 / share5 Sep 2024
Dividend₹1.25 / share17 Aug 2023
Dividend₹2 / share19 Jul 2022
Dividend₹0.7 / share6 Sep 2021
Who owns it · 2026-06-30
No pledge
Promoter
74.9%
FII / Foreign
0.0%
DII / Domestic
0.3%
Retail / others
24.8%
Smart-money activity
Insider trades
BoughtRAGHURAM K SHETTY · Promoters17,000 · ₹47.9 L31 Mar 23
BoughtMr Raghuram K Shetty · Promoters6,000 · ₹19.8 L1 Feb 23
BoughtSAMS INDUSTRIES LIMITED · Promoter Group6,000 · ₹19.8 L1 Feb 23
Bulk / block deals
SoldGRAVITON RESEARCH CAPITAL LLP · NSE2.84 L @ ₹512.9628 Aug 24
BoughtGRAVITON RESEARCH CAPITAL LLP · NSE2.84 L @ ₹512.4928 Aug 24
BoughtGRAVITON RESEARCH CAPITAL LLP · NSE2.77 L @ ₹465.4913 Aug 24
Stake changes
BoughtRaghuram K Shetty · promoter→ 29.77% · 17,00031 Mar 23
BoughtRaghuram K Shetty · promoter→ 29.71% · 2,50016 Sep 22
BoughtRaghuram K Shetty · promoter→ 29.70% · 10,5002 Sep 22
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 24 Sep 2025
See the official result
1
Adoption of Audited Financial Statements (Standalone and Consolidated) along with Reports of Board and Auditors for the Financial Year ended in March 31, 2025
Backed by 100% of shareholders other than promotersneeded 50%
2.96 L votes for, 1,104 against
2
Confirmation and Declaration of final Dividend for the financial year ended March 31, 2025
Backed by 100% of shareholders other than promotersneeded 50%
2.96 L votes for, 1,143 against
3
Appointment of a director in place of Shri Raunak R Shetty (DIN: 08006529)
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
2.96 L votes for, 1,104 against
4
Appointment of a director in place of Shri Shriraj S Shetty (DIN: 06609014)
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
2.96 L votes for, 1,104 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 12 named members
owning 75.0% between them · as of 2026-06-30
RAGHURAM KANYAN SHETTY29.77%
SADASHIV KANYANA SHETTY18.00%
SUJATA SADASHIV SHETTY8.07%
VANITA RAGHURAM SHETTY5.04%
RAGHURAM KANYAN SHETTY (HUF)3.45%
SHREYA SADASHIV SHETTY2.36%
SAMS INDUSTRIES PRIVATE2.17%
SHRIRAJ SADASHIV SHETTY2.11%
Business done with them
FY2025 · 11 of the group
The company paid ₹11 cr to companies in the promoter group last year — about 0.8% of its ₹1,410 cr revenue and received ₹24 cr back from them.
RAGHURAM KANYAN SHETTY
Contribution received from them · Payment of Dividend, Remuneration, Commission to key management personnel
also owns 29.77% of the company
₹15 cr
company received
SAMS INDUSTRIES PRIVATE LIMITED
Contribution received from them · Interest Expenses on loan, Loan Taken, Payment of Dividend
also owns 2.17% of the company
₹9 cr
company received
RAGHURAM KANYAN SHETTY
Other payments to them · Payment of Dividend, Remuneration, Commission to key management personnel
also owns 29.77% of the company
₹4 cr
company paid
SADASHIV KANYANA SHETTY
Other payments to them · Payment of Dividend, Remuneration
also owns 18.00% of the company
₹2 cr
company paid
RAGHURAM KANYAN SHETTY
Contribution made to them · Payment of Dividend, Remuneration, Commission to key management personnel
also owns 29.77% of the company
₹1 cr
company paid
SADASHIV KANYANA SHETTY
Contribution made to them · Payment of Dividend, Remuneration
also owns 18.00% of the company
₹90 L
company paid
RAUNAK RAGHURAM SHETTY
Other payments to them · Payment of Dividend, Remuneration, Interest Expense on loan
also owns 1.59% of the company
₹59 L
company paid
SUJATA SADASHIV SHETTY
Contribution made to them · SALARY
also owns 8.07% of the company
₹40 L
company paid
SHRIRAJ SADASHIV SHETTY
Other payments to them · Payment of Dividend, Remuneration
also owns 2.11% of the company
₹33 L
company paid
SUJATA SADASHIV SHETTY
Other payments to them · SALARY
also owns 8.07% of the company
₹26 L
company paid
VANITA RAGHURAM SHETTY
Other payments to them · SALARY
also owns 5.04% of the company
₹26 L
company paid
VANITA RAGHURAM SHETTY
Contribution made to them · SALARY
also owns 5.04% of the company
₹25 L
company paid
ROSHAN RAGHURAM SHETTY
Other payments to them · Remuneration
also owns 1.59% of the company
₹23 L
company paid
SHREYA SADASHIV SHETTY
Other payments to them · PROFESSIONAL CHARGES
also owns 2.36% of the company
₹18 L
company paid
RAGHURAM KANYAN SHETTY (HUF)
Contribution made to them · Payment of Dividend
also owns 3.45% of the company
₹17 L
company paid
SHREYA SADASHIV SHETTY
Contribution made to them · PROFESSIONAL CHARGES
also owns 2.36% of the company
₹12 L
company paid
SAMS INDUSTRIES PRIVATE LIMITED
Contribution made to them · Interest Expenses on loan, Loan Taken, Payment of Dividend
also owns 2.17% of the company
₹11 L
company paid
SHRIRAJ SADASHIV SHETTY
Contribution made to them · Payment of Dividend, Remuneration
also owns 2.11% of the company
₹11 L
company paid
ROSHAN RAGHURAM SHETTY
Contribution made to them · Remuneration
also owns 1.59% of the company
₹8 L
company paid
RAUNAK RAGHURAM SHETTY
Contribution made to them · Payment of Dividend, Remuneration, Interest Expense on loan
also owns 1.59% of the company
₹8 L
company paid
SAMS INDUSTRIES PRIVATE LIMITED
Other payments to them · Interest Expenses on loan, Loan Taken, Payment of Dividend
also owns 2.17% of the company
₹5 L
company paid
SADASHIV KANYANA PAKEERA SHETTY HUF
Contribution made to them · Payment of Dividend
also owns 0.80% of the company
₹4 L
company paid

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.