Why is Heranba Industries Ltd ?
1
Weak Long Term Fundamental Strength with a -84.14% CAGR growth in Operating Profits over the last 5 years
- The company has been able to generate a Return on Equity (avg) of 4.37% signifying low profitability per unit of shareholders funds
2
Flat results in Sep 25
- INTEREST(9M) At Rs 38.07 cr has Grown at 128.79%
- PAT(Latest six months) At Rs 4.65 cr has Grown at -91.51%
- ROCE(HY) Lowest at 1.07%
3
Despite the size of the company, domestic mutual funds hold only 0% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
4
Below par performance in long term as well as near term
- Along with generating -48.91% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Pesticides & Agrochemicals)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Heranba Inds for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Heranba Inds
-48.91%
-1.08
45.31%
Sensex
4.85%
0.40
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
15.56%
EBIT Growth (5y)
-84.14%
EBIT to Interest (avg)
3.84
Debt to EBITDA (avg)
2.36
Net Debt to Equity (avg)
0.56
Sales to Capital Employed (avg)
1.21
Tax Ratio
61.36%
Dividend Payout Ratio
130.33%
Pledged Shares
0
Institutional Holding
0.33%
ROCE (avg)
7.85%
ROE (avg)
4.37%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
31
Price to Book Value
1.17
EV to EBIT
954.77
EV to EBITDA
18.70
EV to Capital Employed
1.11
EV to Sales
0.89
PEG Ratio
NA
Dividend Yield
0.40%
ROCE (Latest)
0.12%
ROE (Latest)
-5.59%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
No Trend
Technical Movement
14What is working for the Company
OPERATING CF(Y)
Highest at Rs 136.71 Cr
PBT LESS OI(Q)
At Rs 10.86 cr has Grown at 417.8% (vs previous 4Q average
PAT(Latest six months)
Higher at Rs 4.65 cr
NET SALES(Q)
At Rs 521.71 cr has Grown at 33.3% (vs previous 4Q average
-15What is not working for the Company
INTEREST(9M)
At Rs 38.07 cr has Grown at 128.79%
PAT(Latest six months)
At Rs 4.65 cr has Grown at -91.51%
ROCE(HY)
Lowest at 1.07%
DEBT-EQUITY RATIO(HY)
Highest at 0.61 times
DPS(Y)
Lowest at Rs 1.00
DEBTORS TURNOVER RATIO(HY)
Lowest at 2.21 times
Loading Valuation Snapshot...
Here's what is working for Heranba Inds
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 10.86 cr has Grown at 417.8% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs -3.42 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Operating Cash Flow - Annually
Highest at Rs 136.71 Cr and Grown
each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (Rs Cr)
Profit After Tax (PAT) - Latest six months
Higher at Rs 4.65 cr
than preceding 12 month period ended Sep 2025 of Rs 3.06 crMOJO Watch
In the half year the company has already crossed PAT of the previous twelve months
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 521.71 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 521.71 cr has Grown at 33.3% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 391.48 CrMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Here's what is not working for Heranba Inds
Profit After Tax (PAT) - Latest six months
At Rs 4.65 cr has Grown at -91.51%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Interest - Nine Monthly
At Rs 38.07 cr has Grown at 128.79%
over preceding nine months periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Debt-Equity Ratio - Half Yearly
Highest at 0.61 times and Grown
each half year in the last five half yearly periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Debtors Turnover Ratio- Half Yearly
Lowest at 2.21 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Dividend per Share (DPS) - Annually
Lowest at Rs 1.00
in the last five yearsMOJO Watch
Company is distributing lower dividend than previous years
DPS (Rs)






