Heranba Industries Ltd Share Price – NSE  /  BSE

Agro Chemicals, Small Cap

Net profit of Heranba Industries declined 95.52% to Rs 1.51 crore in the quarter ended June 2023 as against Rs 33.70 crore during the previous quarter ended June 2022. Sales declined 22.02% to Rs 282.24 crore in the quarter ended June 2023 as against Rs 361.93 crore during the previous quarter ended June 2022.

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Heranba Industries will hold a meeting of the Board of Directors of the Company on 12 August 2023.

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Heranba Industries will hold a meeting of the Board of Directors of the Company on 12 August 2023.

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These registrations cover a range of products, including insecticides and fungicides with varying formulations and concentrations. The products are Ethion Technical, Pyraclostrobin Technical, Captan 50% WG, Tebuconazole 38.39% SC, Thiophanate Methyl 70% WG, Tricyclazole 70% WG, and Carboxin 37.5% + Thiram 37.5% WS.

The registrations are part of Heranba's strategy to launch seven new products in FY24. The products will be launched in both technical and formulation segments.

Heranba is a top agrochemical company in India focused on enhancing crop productivity and public health. With over 900 employees, the company operates four manufacturing facilities across the country, producing synthetic pyrethroids and intermediates. Heranba has a vast business network in India and globally, and possesses commercial-scale expertise in key chemical reactions.

The company had reported a PAT of Rs 14.3 crore (down 66.3% YoY) and revenues of Rs 258.9 crore (down 26.1% YoY) for the quarter ended on 31 March 2023.

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