Heranba Industries Ltd.
•₹ 164.882.8%
2026-08-21
PROS
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.71x)
- Working capital cycle has improved - days down from 80 to 37
- Company has a consistent dividend-paying track record
- Company maintains a comfortable, low leverage position
CONS
- A large part of profit comes from other income (61.4% of PBT)
- Company has a low return on equity of 9.4% over last 3 years
- Total debt has risen sharply - up 71.7% year on year
- Company has delivered a poor profit growth of -11.2% over past five years
- Operating margins have contracted to 5.5% from 19.0%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | UPL | 570.80 | 23.85 | 48185.18 | 1.05 | -73.00 | 58.52 | 10181.00 | 10.47 | 12.00 | 13.43 |
| 2. | PIIND | 2489.50 | 32.42 | 37770.23 | 0.60 | 244.20 | -38.95 | 1702.30 | -10.43 | 16.00 | 21.69 |
| 3. | SUMICHEM | 551.80 | 47.53 | 27542.86 | 0.24 | 214.51 | 20.45 | 1063.35 | 0.62 | 23.39 | 21.94 |
| 4. | BAYERCROP | 4068.85 | 330.02 | 18286.26 | 3.69 | 321.60 | 15.39 | 1835.00 | -4.16 | 30.08 | 20.03 |
| 5. | SHARDACROP | 763.40 | 11.00 | 6887.43 | 1.96 | 88.02 | -38.36 | 1073.77 | 9.03 | 31.10 | 17.32 |
| 6. | DHANUKA | 995.00 | 14.94 | 4435.54 | 0.20 | 75.50 | 27.94 | 442.02 | 20.01 | 24.44 | 24.83 |
| 7. | RALLIS | 212.75 | 25.20 | 4137.33 | 1.41 | -14.15 | -274.26 | 507.54 | 7.70 | 13.23 | -0.56 |
| 8. | NACLIND | 170.00 | 321.92 | 3982.14 | 0.00 | 20.84 | 59.82 | 383.33 | -14.50 | 6.20 | 10.80 |
| 9. | BHAGCHEM | 283.20 | 133.42 | 3672.23 | 0.05 | 133.29 | 3249.84 | 1950.19 | 1475.55 | 4.55 | 15.65 |
| 10. | GSPCROP | 590.25 | 28.05 | 2745.77 | 0.17 | 263.94 | 1111.46 | 3859.95 | 1153.27 | 20.81 | 11.02 |
| 11. | BHARATRAS | 1300.95 | 15.09 | 2162.32 | 0.04 | 372.30 | 838.73 | 3381.60 | 796.03 | 16.63 | 15.19 |
| 12. | HERANBA | 160.90 | 0.00 | 643.82 | 0.00 | -58.32 | -39.96 | 319.48 | -4.57 | 4.46 | -7.29 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 259 | 282 | 430 | 302 | 261 | 304 | 458 | 338 | 395 | 490 | 606 | 307 | 353 | |
| 236 | 280 | 383 | 273 | 242 | 256 | 411 | 348 | 397 | 470 | 561 | 292 | 360 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 4 | 8 | 5 | 7 | 10 | 9 | 13 | 10 | 13 | 24 | 12 | 15 | 6 |
| Interest | 3 | 2 | 2 | 3 | 5 | 4 | 5 | 6 | 11 | 9 | 8 | 9 | 11 |
| Depreciation | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 8 |
| 18 | 2 | 44 | 26 | 18 | 47 | 47 | -12 | -7 | 30 | 42 | 14 | -18 | |
| Tax % | 21.05% | 25.62% | 26.06% | 26.28% | 28.40% | 26.30% | 27.64% | 24.69% | 27.67% | 25.68% | 22.87% | 34.23% | 31.47% |
| Net Profit | 14 | 2 | 33 | 19 | 13 | 34 | 34 | -9 | -5 | 22 | 32 | 9 | -12 |
| 4 | 0 | 8 | 5 | 3 | 9 | 8 | -2 | -1 | 6 | 8 | 2 | -3 | |
| Equity Capital | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Mar 2023
- 259
- 236
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 3
- Depreciation
- 6
- 18
- Tax %
- 21.05%
- Net Profit
- 14
- 4
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2023
- 282
- 280
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 2
- Depreciation
- 6
- 2
- Tax %
- 25.62%
- Net Profit
- 2
- 0
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 430
- 383
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 2
- Depreciation
- 6
- 44
- Tax %
- 26.06%
- Net Profit
- 33
- 8
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 302
- 273
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 3
- Depreciation
- 6
- 26
- Tax %
- 26.28%
- Net Profit
- 19
- 5
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 261
- 242
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 5
- Depreciation
- 7
- 18
- Tax %
- 28.40%
- Net Profit
- 13
- 3
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 304
- 256
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 4
- Depreciation
- 7
- 47
- Tax %
- 26.30%
- Net Profit
- 34
- 9
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 458
- 411
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 5
- Depreciation
- 7
- 47
- Tax %
- 27.64%
- Net Profit
- 34
- 8
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 338
- 348
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 6
- Depreciation
- 7
- -12
- Tax %
- 24.69%
- Net Profit
- -9
- -2
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 395
- 397
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 11
- Depreciation
- 7
- -7
- Tax %
- 27.67%
- Net Profit
- -5
- -1
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 490
- 470
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 9
- Depreciation
- 7
- 30
- Tax %
- 25.68%
- Net Profit
- 22
- 6
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 606
- 561
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 8
- Depreciation
- 7
- 42
- Tax %
- 22.87%
- Net Profit
- 32
- 8
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 307
- 292
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 9
- Depreciation
- 7
- 14
- Tax %
- 34.23%
- Net Profit
- 9
- 2
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 353
- 360
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 11
- Depreciation
- 8
- -18
- Tax %
- 31.47%
- Net Profit
- -12
- -3
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
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 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 520 | 582 | 741 | 1,004 | 951 | 1,219 | 1,450 | 1,324 | 1,275 | 1,496 | 1,756 | |
| 481 | 535 | 653 | 873 | 822 | 997 | 1,191 | 1,163 | 1,178 | 1,413 | 1,682 | |
| Operating Profit | 46 | 50 | 93 | 139 | 146 | 228 | 279 | 175 | 127 | 129 | — |
| OPM % | 9 | 9 | 13 | 14 | 15 | 19 | 19 | 13 | 10 | 9 | — |
| Other Income | 7 | 3 | 5 | 7 | 17 | 7 | 19 | 14 | 30 | 46 | 58 |
| Interest | 13 | 12 | 12 | 11 | 9 | 5 | 4 | 8 | 12 | 26 | 36 |
| Depreciation | 4 | 4 | 5 | 6 | 8 | 15 | 20 | 23 | 25 | 28 | 28 |
| 29 | 33 | 76 | 122 | 129 | 208 | 255 | 144 | 90 | 74 | 67 | |
| Tax % | 42 | 43 | 39 | 38 | 24 | 26 | 26 | 24 | 27 | 27 | 24 |
| Net Profit | 17 | 19 | 47 | 75 | 98 | 154 | 189 | 110 | 66 | 54 | 51 |
| EPS | 21 | 26 | 60 | 19 | 25 | 39 | 47 | 28 | 17 | 13 | — |
| Dividend Payout % | 13 | 6 | 9 | 5 | 4 | 4 | 4 | 5 | 8 | 7 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 4 | 5 | 12 | 19 | 25 | 39 | 47 | 28 | 17 | 13 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 4 | 5 | 12 | 19 | 25 | 39 | 47 | 28 | 17 | 13 | — |
Mar 2016
- 520
- 481
- Operating Profit
- 46
- OPM %
- 9
- Other Income
- 7
- Interest
- 13
- Depreciation
- 4
- 29
- Tax %
- 42
- Net Profit
- 17
- EPS
- 21
- Dividend Payout %
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2017
- 582
- 535
- Operating Profit
- 50
- OPM %
- 9
- Other Income
- 3
- Interest
- 12
- Depreciation
- 4
- 33
- Tax %
- 43
- Net Profit
- 19
- EPS
- 26
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2018
- 741
- 653
- Operating Profit
- 93
- OPM %
- 13
- Other Income
- 5
- Interest
- 12
- Depreciation
- 5
- 76
- Tax %
- 39
- Net Profit
- 47
- EPS
- 60
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2019
- 1,004
- 873
- Operating Profit
- 139
- OPM %
- 14
- Other Income
- 7
- Interest
- 11
- Depreciation
- 6
- 122
- Tax %
- 38
- Net Profit
- 75
- EPS
- 19
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
Mar 2020
- 951
- 822
- Operating Profit
- 146
- OPM %
- 15
- Other Income
- 17
- Interest
- 9
- Depreciation
- 8
- 129
- Tax %
- 24
- Net Profit
- 98
- EPS
- 25
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
Mar 2021
- 1,219
- 997
- Operating Profit
- 228
- OPM %
- 19
- Other Income
- 7
- Interest
- 5
- Depreciation
- 15
- 208
- Tax %
- 26
- Net Profit
- 154
- EPS
- 39
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 39
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 39
Mar 2022
- 1,450
- 1,191
- Operating Profit
- 279
- OPM %
- 19
- Other Income
- 19
- Interest
- 4
- Depreciation
- 20
- 255
- Tax %
- 26
- Net Profit
- 189
- EPS
- 47
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 47
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 47
Mar 2023
- 1,324
- 1,163
- Operating Profit
- 175
- OPM %
- 13
- Other Income
- 14
- Interest
- 8
- Depreciation
- 23
- 144
- Tax %
- 24
- Net Profit
- 110
- EPS
- 28
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 28
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 28
Mar 2024
- 1,275
- 1,178
- Operating Profit
- 127
- OPM %
- 10
- Other Income
- 30
- Interest
- 12
- Depreciation
- 25
- 90
- Tax %
- 27
- Net Profit
- 66
- EPS
- 17
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
Mar 2025
- 1,496
- 1,413
- Operating Profit
- 129
- OPM %
- 9
- Other Income
- 46
- Interest
- 26
- Depreciation
- 28
- 74
- Tax %
- 27
- Net Profit
- 54
- EPS
- 13
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
TTM
- 1,756
- 1,682
- Operating Profit
- —
- OPM %
- —
- Other Income
- 58
- Interest
- 36
- Depreciation
- 28
- 67
- Tax %
- 24
- Net Profit
- 51
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 11%
- 5 Years:
- 9%
- 3 Years:
- 1%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 11%
- 5 Years:
- -11%
- 3 Years:
- -34%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- -27%
- 3 Years:
- -22%
- 1 Year:
- -52%
RETURN ON EQUITY
- 10 Years:
- 24%
- 5 Years:
- 19%
- 3 Years:
- 9%
- Last Year:
- 6%
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 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 8 | 8 | 8 | 39 | 39 | 40 | 40 | 40 | 40 | 40 |
| 91 | 108 | 150 | 189 | 282 | 488 | 674 | 776 | 837 | 886 | |
| 95 | 84 | 76 | 50 | 43 | 50 | 90 | 89 | 139 | 230 | |
| Trade Payables | 92 | 97 | 178 | 235 | 212 | 196 | 246 | 187 | 287 | 438 |
| 61 | 24 | 39 | 47 | 48 | 68 | 55 | 60 | 83 | 91 | |
| Total Liabilities | 347 | 321 | 450 | 560 | 625 | 842 | 1,105 | 1,152 | 1,387 | 1,686 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 41 | 38 | 46 | 51 | 95 | 133 | 193 | 186 | 240 | 240 | |
| Capital Work in Progress | 3 | 0 | 1 | 16 | 38 | 10 | 14 | 42 | 11 | 4 |
| 0 | 0 | 0 | 0 | 4 | 10 | 2 | 1 | 2 | 3 | |
| 78 | 98 | 94 | 114 | 146 | 166 | 256 | 297 | 244 | 250 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 498 | 560 | |
| Cash & Bank | 16 | 10 | 12 | 21 | 3 | 98 | 123 | 119 | 22 | 50 |
| 209 | 174 | 297 | 358 | 339 | 425 | 516 | 507 | 369 | 577 | |
| Total Assets | 347 | 321 | 450 | 560 | 625 | 842 | 1,105 | 1,152 | 1,387 | 1,686 |
| Total Debt | 96 | 84 | 76 | 50 | 43 | 50 | 90 | 89 | 139 | 240 |
| Net Working Capital | 63 | 69 | 91 | 130 | 176 | 368 | 495 | 505 | 287 | 157 |
| Contingent Liabilities | 0 | 51 | 0 | 35 | 65 | 68 | 30 | 37 | 72 | 133 |
| Book Value per Share | 118.86 | 148.55 | 201.40 | 58.42 | 82.15 | 131.99 | 178.57 | 203.98 | 219.31 | 231.46 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 96 | 84 | 76 | 50 | 43 | 50 | 90 | 89 | 139 | 240 |
| Net Working Capital | 63 | 69 | 91 | 130 | 176 | 368 | 495 | 505 | 287 | 157 |
| Contingent Liabilities | 0 | 51 | 0 | 35 | 65 | 68 | 30 | 37 | 72 | 133 |
| Book Value per Share | 118.86 | 148.55 | 201.40 | 58.42 | 82.15 | 131.99 | 178.57 | 203.98 | 219.31 | 231.46 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 8
- 91
- 95
- Trade Payables
- 92
- 61
- Total Liabilities
- 347
- 41
- Capital Work in Progress
- 3
- 0
- 78
- 0
- Cash & Bank
- 16
- 209
- Total Assets
- 347
- Total Debt
- 96
- Net Working Capital
- 63
- Contingent Liabilities
- 0
- Book Value per Share
- 118.86
- Face Value
- 10.00
- Total Debt
- 96
- Net Working Capital
- 63
- Contingent Liabilities
- 0
- Book Value per Share
- 118.86
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 8
- 108
- 84
- Trade Payables
- 97
- 24
- Total Liabilities
- 321
- 38
- Capital Work in Progress
- 0
- 0
- 98
- 0
- Cash & Bank
- 10
- 174
- Total Assets
- 321
- Total Debt
- 84
- Net Working Capital
- 69
- Contingent Liabilities
- 51
- Book Value per Share
- 148.55
- Face Value
- 10.00
- Total Debt
- 84
- Net Working Capital
- 69
- Contingent Liabilities
- 51
- Book Value per Share
- 148.55
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 8
- 150
- 76
- Trade Payables
- 178
- 39
- Total Liabilities
- 450
- 46
- Capital Work in Progress
- 1
- 0
- 94
- 0
- Cash & Bank
- 12
- 297
- Total Assets
- 450
- Total Debt
- 76
- Net Working Capital
- 91
- Contingent Liabilities
- 0
- Book Value per Share
- 201.40
- Face Value
- 10.00
- Total Debt
- 76
- Net Working Capital
- 91
- Contingent Liabilities
- 0
- Book Value per Share
- 201.40
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 39
- 189
- 50
- Trade Payables
- 235
- 47
- Total Liabilities
- 560
- 51
- Capital Work in Progress
- 16
- 0
- 114
- 0
- Cash & Bank
- 21
- 358
- Total Assets
- 560
- Total Debt
- 50
- Net Working Capital
- 130
- Contingent Liabilities
- 35
- Book Value per Share
- 58.42
- Face Value
- 10.00
- Total Debt
- 50
- Net Working Capital
- 130
- Contingent Liabilities
- 35
- Book Value per Share
- 58.42
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 39
- 282
- 43
- Trade Payables
- 212
- 48
- Total Liabilities
- 625
- 95
- Capital Work in Progress
- 38
- 4
- 146
- 0
- Cash & Bank
- 3
- 339
- Total Assets
- 625
- Total Debt
- 43
- Net Working Capital
- 176
- Contingent Liabilities
- 65
- Book Value per Share
- 82.15
- Face Value
- 10.00
- Total Debt
- 43
- Net Working Capital
- 176
- Contingent Liabilities
- 65
- Book Value per Share
- 82.15
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 40
- 488
- 50
- Trade Payables
- 196
- 68
- Total Liabilities
- 842
- 133
- Capital Work in Progress
- 10
- 10
- 166
- 0
- Cash & Bank
- 98
- 425
- Total Assets
- 842
- Total Debt
- 50
- Net Working Capital
- 368
- Contingent Liabilities
- 68
- Book Value per Share
- 131.99
- Face Value
- 10.00
- Total Debt
- 50
- Net Working Capital
- 368
- Contingent Liabilities
- 68
- Book Value per Share
- 131.99
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 40
- 674
- 90
- Trade Payables
- 246
- 55
- Total Liabilities
- 1,105
- 193
- Capital Work in Progress
- 14
- 2
- 256
- 0
- Cash & Bank
- 123
- 516
- Total Assets
- 1,105
- Total Debt
- 90
- Net Working Capital
- 495
- Contingent Liabilities
- 30
- Book Value per Share
- 178.57
- Face Value
- 10.00
- Total Debt
- 90
- Net Working Capital
- 495
- Contingent Liabilities
- 30
- Book Value per Share
- 178.57
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 40
- 776
- 89
- Trade Payables
- 187
- 60
- Total Liabilities
- 1,152
- 186
- Capital Work in Progress
- 42
- 1
- 297
- 0
- Cash & Bank
- 119
- 507
- Total Assets
- 1,152
- Total Debt
- 89
- Net Working Capital
- 505
- Contingent Liabilities
- 37
- Book Value per Share
- 203.98
- Face Value
- 10.00
- Total Debt
- 89
- Net Working Capital
- 505
- Contingent Liabilities
- 37
- Book Value per Share
- 203.98
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 40
- 837
- 139
- Trade Payables
- 287
- 83
- Total Liabilities
- 1,387
- 240
- Capital Work in Progress
- 11
- 2
- 244
- 498
- Cash & Bank
- 22
- 369
- Total Assets
- 1,387
- Total Debt
- 139
- Net Working Capital
- 287
- Contingent Liabilities
- 72
- Book Value per Share
- 219.31
- Face Value
- 10.00
- Total Debt
- 139
- Net Working Capital
- 287
- Contingent Liabilities
- 72
- Book Value per Share
- 219.31
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 40
- 886
- 230
- Trade Payables
- 438
- 91
- Total Liabilities
- 1,686
- 240
- Capital Work in Progress
- 4
- 3
- 250
- 560
- Cash & Bank
- 50
- 577
- Total Assets
- 1,686
- Total Debt
- 240
- Net Working Capital
- 157
- Contingent Liabilities
- 133
- Book Value per Share
- 231.46
- Face Value
- 10.00
- Total Debt
- 240
- Net Working Capital
- 157
- Contingent Liabilities
- 133
- Book Value per Share
- 231.46
- Face Value
- 10.00
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 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 | 30 | 52 | 88 | 54 | 60 | 98 | 122 | 136 | 137 | |
| Cash from Investing | -19 | -6 | -25 | -37 | -52 | -41 | -82 | -100 | -264 | -182 |
| Cash from Financing | 5 | -25 | -26 | -41 | -20 | 62 | -6 | -18 | 41 | 72 |
| 2 | -1 | 1 | 9 | -18 | 82 | 10 | 4 | -87 | 27 | |
| Free Cash Flow | 9 | 30 | 38 | 62 | -20 | 36 | 20 | 81 | 89 | 121 |
| OCF / Net Profit | 0.99 | 1.61 | 1.11 | 1.16 | 0.56 | 0.39 | 0.52 | 1.11 | 2.05 | 2.53 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 120 | 146 | 136 | 179 | 206 | 347 |
| OCF / Net Profit | 0.99 | 1.61 | 1.11 | 1.16 | 0.56 | 0.39 | 0.52 | 1.11 | 2.05 | 2.53 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 120 | 146 | 136 | 179 | 206 | 347 |
Mar 2016
- 16
- Cash from Investing
- -19
- Cash from Financing
- 5
- 2
- Free Cash Flow
- 9
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 0
Mar 2017
- 30
- Cash from Investing
- -6
- Cash from Financing
- -25
- -1
- Free Cash Flow
- 30
- OCF / Net Profit
- 1.61
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.61
- Cumulative 5-Year FCF
- 0
Mar 2018
- 52
- Cash from Investing
- -25
- Cash from Financing
- -26
- 1
- Free Cash Flow
- 38
- OCF / Net Profit
- 1.11
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.11
- Cumulative 5-Year FCF
- 0
Mar 2019
- 88
- Cash from Investing
- -37
- Cash from Financing
- -41
- 9
- Free Cash Flow
- 62
- OCF / Net Profit
- 1.16
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.16
- Cumulative 5-Year FCF
- 0
Mar 2020
- 54
- Cash from Investing
- -52
- Cash from Financing
- -20
- -18
- Free Cash Flow
- -20
- OCF / Net Profit
- 0.56
- Cumulative 5-Year FCF
- 120
- OCF / Net Profit
- 0.56
- Cumulative 5-Year FCF
- 120
Mar 2021
- 60
- Cash from Investing
- -41
- Cash from Financing
- 62
- 82
- Free Cash Flow
- 36
- OCF / Net Profit
- 0.39
- Cumulative 5-Year FCF
- 146
- OCF / Net Profit
- 0.39
- Cumulative 5-Year FCF
- 146
Mar 2022
- 98
- Cash from Investing
- -82
- Cash from Financing
- -6
- 10
- Free Cash Flow
- 20
- OCF / Net Profit
- 0.52
- Cumulative 5-Year FCF
- 136
- OCF / Net Profit
- 0.52
- Cumulative 5-Year FCF
- 136
Mar 2023
- 122
- Cash from Investing
- -100
- Cash from Financing
- -18
- 4
- Free Cash Flow
- 81
- OCF / Net Profit
- 1.11
- Cumulative 5-Year FCF
- 179
- OCF / Net Profit
- 1.11
- Cumulative 5-Year FCF
- 179
Mar 2024
- 136
- Cash from Investing
- -264
- Cash from Financing
- 41
- -87
- Free Cash Flow
- 89
- OCF / Net Profit
- 2.05
- Cumulative 5-Year FCF
- 206
- OCF / Net Profit
- 2.05
- Cumulative 5-Year FCF
- 206
Mar 2025
- 137
- Cash from Investing
- -182
- Cash from Financing
- 72
- 27
- Free Cash Flow
- 121
- OCF / Net Profit
- 2.53
- Cumulative 5-Year FCF
- 347
- OCF / Net Profit
- 2.53
- Cumulative 5-Year FCF
- 347
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 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 21.36 | 24.28 | 60.01 | 19.31 | 25.00 | 38.54 | 47.25 | 27.52 | 16.58 | 13.50 |
| Book Value (₹) | 118.86 | 148.55 | 201.40 | 58.42 | 82.15 | 131.99 | 178.57 | 203.98 | 219.31 | 231.46 |
| Dividend per Share (₹) | 2.80 | 1.50 | 5.50 | 1.00 | 1.00 | 1.70 | 2.00 | 1.25 | 1.25 | 1.00 |
| Cash EPS (₹) | 5.29 | 5.88 | 13.29 | 20.83 | 27.10 | 42.21 | 52.20 | 33.16 | 22.79 | 20.62 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 8.54% | 8.15% | 12.50% | 13.82% | 14.50% | 17.57% | 19.00% | 12.97% | 7.43% | 5.46% |
| Net Margin % | 3.08% | 3.12% | 6.29% | 7.51% | 9.71% | 11.86% | 12.87% | 8.18% | 5.10% | 3.54% |
| ROE % | 19.60% | 18.16% | 34.30% | 39.12% | 35.57% | 36.33% | 30.43% | 14.39% | 7.84% | 5.99% |
| ROCE % | 23.89% | 23.39% | 40.60% | 51.94% | 42.89% | 45.35% | 37.52% | 17.79% | 10.63% | 9.19% |
| 4.81% | 5.68% | 12.15% | 14.92% | 16.48% | 21.03% | 19.42% | 9.76% | 5.23% | 3.51% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 87 | 81 | 80 | 83 | 93 | 84 | 98 | 113 | 124 | 127 |
| Inventory Days | 63 | 53 | 47 | 38 | 47 | 44 | 52 | 75 | 76 | 59 |
| Payable Days | 107 | 82 | 100 | 108 | 128 | 96 | 87 | 89 | 97 | 118 |
| 43 | 51 | 28 | 13 | 12 | 32 | 64 | 99 | 103 | 68 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.03x | 0.73x | 0.48x | 0.22x | 0.13x | 0.10x | 0.13x | 0.11x | 0.16x | 0.26x |
| Interest Coverage (x) | 3.17x | 3.68x | 7.46x | 12.38x | 15.58x | 39.59x | 63.71x | 19.22x | 8.69x | 3.85x |
| 1.27x | 1.35x | 1.32x | 1.40x | 1.60x | 2.23x | 2.29x | 2.53x | 1.56x | 1.21x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 0.14% | 11.88% | 27.31% | 35.51% | -5.28% | 28.09% | 19.01% | -8.69% | -3.75% | 17.35% |
| Operating Profit Growth % | -4.15% | 6.72% | 88.01% | 49.05% | 5.10% | 56.54% | 22.21% | -37.43% | -27.28% | 1.43% |
| Net Profit Growth % | -9.25% | 13.49% | 147.15% | 60.86% | 29.52% | 57.93% | 22.59% | -41.76% | -39.74% | -18.61% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -39.74% | -18.61% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 17.09x | 15.77x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.29x | 0.92x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.44% | 0.47% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 9.85x | 8.08x |
Mar 2016
- EPS (₹)
- 21.36
- Book Value (₹)
- 118.86
- Dividend per Share (₹)
- 2.80
- Cash EPS (₹)
- 5.29
- Operating Margin %
- 8.54%
- Net Margin %
- 3.08%
- ROE %
- 19.60%
- ROCE %
- 23.89%
- 4.81%
- Debtor Days
- 87
- Inventory Days
- 63
- Payable Days
- 107
- 43
- Debt to Equity (x)
- 1.03x
- Interest Coverage (x)
- 3.17x
- 1.27x
- Revenue Growth %
- 0.14%
- Operating Profit Growth %
- -4.15%
- Net Profit Growth %
- -9.25%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 24.28
- Book Value (₹)
- 148.55
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 5.88
- Operating Margin %
- 8.15%
- Net Margin %
- 3.12%
- ROE %
- 18.16%
- ROCE %
- 23.39%
- 5.68%
- Debtor Days
- 81
- Inventory Days
- 53
- Payable Days
- 82
- 51
- Debt to Equity (x)
- 0.73x
- Interest Coverage (x)
- 3.68x
- 1.35x
- Revenue Growth %
- 11.88%
- Operating Profit Growth %
- 6.72%
- Net Profit Growth %
- 13.49%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 60.01
- Book Value (₹)
- 201.40
- Dividend per Share (₹)
- 5.50
- Cash EPS (₹)
- 13.29
- Operating Margin %
- 12.50%
- Net Margin %
- 6.29%
- ROE %
- 34.30%
- ROCE %
- 40.60%
- 12.15%
- Debtor Days
- 80
- Inventory Days
- 47
- Payable Days
- 100
- 28
- Debt to Equity (x)
- 0.48x
- Interest Coverage (x)
- 7.46x
- 1.32x
- Revenue Growth %
- 27.31%
- Operating Profit Growth %
- 88.01%
- Net Profit Growth %
- 147.15%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 19.31
- Book Value (₹)
- 58.42
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 20.83
- Operating Margin %
- 13.82%
- Net Margin %
- 7.51%
- ROE %
- 39.12%
- ROCE %
- 51.94%
- 14.92%
- Debtor Days
- 83
- Inventory Days
- 38
- Payable Days
- 108
- 13
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 12.38x
- 1.40x
- Revenue Growth %
- 35.51%
- Operating Profit Growth %
- 49.05%
- Net Profit Growth %
- 60.86%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 25.00
- Book Value (₹)
- 82.15
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 27.10
- Operating Margin %
- 14.50%
- Net Margin %
- 9.71%
- ROE %
- 35.57%
- ROCE %
- 42.89%
- 16.48%
- Debtor Days
- 93
- Inventory Days
- 47
- Payable Days
- 128
- 12
- Debt to Equity (x)
- 0.13x
- Interest Coverage (x)
- 15.58x
- 1.60x
- Revenue Growth %
- -5.28%
- Operating Profit Growth %
- 5.10%
- Net Profit Growth %
- 29.52%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 38.54
- Book Value (₹)
- 131.99
- Dividend per Share (₹)
- 1.70
- Cash EPS (₹)
- 42.21
- Operating Margin %
- 17.57%
- Net Margin %
- 11.86%
- ROE %
- 36.33%
- ROCE %
- 45.35%
- 21.03%
- Debtor Days
- 84
- Inventory Days
- 44
- Payable Days
- 96
- 32
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 39.59x
- 2.23x
- Revenue Growth %
- 28.09%
- Operating Profit Growth %
- 56.54%
- Net Profit Growth %
- 57.93%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 47.25
- Book Value (₹)
- 178.57
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 52.20
- Operating Margin %
- 19.00%
- Net Margin %
- 12.87%
- ROE %
- 30.43%
- ROCE %
- 37.52%
- 19.42%
- Debtor Days
- 98
- Inventory Days
- 52
- Payable Days
- 87
- 64
- Debt to Equity (x)
- 0.13x
- Interest Coverage (x)
- 63.71x
- 2.29x
- Revenue Growth %
- 19.01%
- Operating Profit Growth %
- 22.21%
- Net Profit Growth %
- 22.59%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 27.52
- Book Value (₹)
- 203.98
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 33.16
- Operating Margin %
- 12.97%
- Net Margin %
- 8.18%
- ROE %
- 14.39%
- ROCE %
- 17.79%
- 9.76%
- Debtor Days
- 113
- Inventory Days
- 75
- Payable Days
- 89
- 99
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 19.22x
- 2.53x
- Revenue Growth %
- -8.69%
- Operating Profit Growth %
- -37.43%
- Net Profit Growth %
- -41.76%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 16.58
- Book Value (₹)
- 219.31
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 22.79
- Operating Margin %
- 7.43%
- Net Margin %
- 5.10%
- ROE %
- 7.84%
- ROCE %
- 10.63%
- 5.23%
- Debtor Days
- 124
- Inventory Days
- 76
- Payable Days
- 97
- 103
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 8.69x
- 1.56x
- Revenue Growth %
- -3.75%
- Operating Profit Growth %
- -27.28%
- Net Profit Growth %
- -39.74%
- -39.74%
- P/E (x)
- 17.09x
- P/B (x)
- 1.29x
- Dividend Yield %
- 0.44%
- 9.85x
Mar 2025
- EPS (₹)
- 13.50
- Book Value (₹)
- 231.46
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 20.62
- Operating Margin %
- 5.46%
- Net Margin %
- 3.54%
- ROE %
- 5.99%
- ROCE %
- 9.19%
- 3.51%
- Debtor Days
- 127
- Inventory Days
- 59
- Payable Days
- 118
- 68
- Debt to Equity (x)
- 0.26x
- Interest Coverage (x)
- 3.85x
- 1.21x
- Revenue Growth %
- 17.35%
- Operating Profit Growth %
- 1.43%
- Net Profit Growth %
- -18.61%
- -18.61%
- P/E (x)
- 15.77x
- P/B (x)
- 0.92x
- Dividend Yield %
- 0.47%
- 8.08x
Documents
Announcements
- Resignation of Director/KMP/SMP
2026-07-21 - Heranba Industries Limited has informed the Exchange about Resignation of Director/KMP/SMP
- Resignation of Director/KMP/SMP
2026-07-21 - Heranba Industries Limited has informed the Exchange about Resignation of Director/KMP/SMP
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Feb 2025
Nov 2024
Aug 2024