Heranba Industries

Pravin Shetty resigned as chief financial officer and key managerial personnel of Heranba Industries citing personal and family commitments, with effect from the close of business on 31 December 2026. He agreed to support the handover through his last working day and noted the consortium funding exercise was in its final stages, while the company planned to appoint a successor within statutory timelines. Heranba reported standalone revenue of about Rs1,756 crore in the year to March 2026, alongside consolidated revenue of Rs1,595 crore and a consolidated net loss of Rs77.6 crore against a standalone profit of Rs50.9 crore. Consolidated gross debt stood at Rs573 crore at the end of March 2026, with net debt of Rs549 crore after a year of higher borrowings. The company operated seven production units across Vapi, Sarigam, Saykha and Tarapur in an integrated intermediates-to-formulations chain, with formulations accounting for about 53% of its mix.

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Heranba Industries' board approved a cash investment of up to ₹25 crore in Mikusu India, its wholly owned subsidiary, through a rights issue. Mikusu was engaged in trading agrochemical products and reported turnover of ₹182.68 crore in the year ended March 2026, up from ₹152.40 crore a year earlier. The investment was intended to support Mikusu's operations and growth plans, and did not alter Heranba's 100% shareholding or control. Heranba's production capacity had doubled to 26,700 tonnes a year across seven units by FY25, while domestic sales accounted for 66% of its revenue.

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May 28 (Reuters) - Heranba Industries Ltd HERN.NS:

• MARCH-QUARTER CONSOL NET LOSS 578.2 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 3.19 BILLION RUPEES

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Further company coverage: HERN.NS

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May 13 (Reuters) - Heranba Industries Ltd HERN.NS:

• HERANBA INDUSTRIES - NCLT DISMISSED HARESH PETROCHEM'S INSOLVENCY APPLICATION AGAINST CO'S UNIT

Source text: ID:nBSE6wmXbj

Further company coverage: HERN.NS

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** Shares of Heranba Industries Ltd HERN.NS rise as much as 7.3% to 205 rupees

** Co announces entry into crop nutrition segment with launch of Fentaamine, MycoHil; entry aligned with achieving rev target of 25 bln rupees ($267.9 mln) in current FY

** Stock on track to gain for 2nd straight day

** More than 124,000 shares traded as of 9:55 a.m. IST, over their 30-day moving avg of 75,539 shares

** HERN last up 5.8%, cutting YTD losses to 22.8%

($1 = 93.3030 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

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Feb 27 (Reuters) - Heranba Industries Ltd HERN.NS:

• HERANBA INDUSTRIES - INSOLVENCY PETITION FILED IN NCLT BY HARESH PETROCHEM AGAINST UNIT

• HERANBA INDUSTRIES - CLAIM AMOUNT AS PER IBC NOTICE 17 MILLION RUPEES

Further company coverage: HERN.NS

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** Shares of agrochemicals maker UPL UPLL.NS down 2.7% to 669.6 rupees

** China's commerce ministry says the country would impose anti-dumping duties ranging from 48.4% to 166.2% on cypermethrin from India for five years

** UPL is one of the top Indian producers of cypermethrin, an insecticide used in agriculture, sanitation, and pest control

** Heranba Industries HERN.NS, another cypermethrin maker, is trading flat

** UPLL trims YTD gains to ~34%, while HERN is down ~38%

(Reporting by Anuran Sadhu in Bengaluru)

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** Shares of Heranba Industries HERN.NS down 9.9% to 283.2 rupees

** Pesticide manufacturer posts Q3 consol net loss of 101.9 mln rupees ($1.2 mln) against profit of 139.2 mln rupees a year ago, as surge in expenses outweighed rev growth

** Stock set for worst pct fall since Jan 30, 2023

** HERN on track to fall for fourth straight week

** More than 377,000 shares traded, 5.8x its 30-day moving avg

** Stock traded most in three months

** HERN rose 2.9% in 2024

($1 = 86.8510 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

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Nov 13 (Reuters) - Heranba Industries Ltd HERN.NS:

• HERANBA INDUSTRIES LTD SEPT-QUARTER CONSOL NET PROFIT 379.7 MILLION RUPEES

• HERANBA INDUSTRIES LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 4.37 BILLION RUPEES

• HERANBA INDUSTRIES - INCORPORATION OF FOREIGN JV CO IN CHINA

Source text: [ID:]

Further company coverage: HERN.NS

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Oct 8 (Reuters) - Heranba Industries Ltd HERN.NS:

• HERANBA ORGANICS COMMENCES COMMERCIAL PRODUCTION AT ITS SARIGAM UNIT

• CO EXPECTS SARIGAM UNIT TO GENERATE ANNUAL REVENUE OF 2.8 TO 3 BILLION RUPEES

Source text for Eikon: ID:nBSE3btfZ4

Further company coverage: HERN.NS

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** Shares of Heranba Industries HERN.NS surge 20%, hitting upper circuit, to highest since Jan 2023

** Stock set for best day since listing on March 2021

** Agrochemical co posted Q1 profit vs yr-ago loss

** Larger rival UPL UPLL.NS posted wider-than-expected loss, Bayer Cropscience's BAYE.NS profit dropped

** HERN has now surged nearly 21% YTD, overtaking BAYE's roughly 16% gain, while UPL has lost ~4% in 2024

(Reporting by Varun Vyas in Bengaluru)

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** Shares of Heranba Industries HERN.NS rise as much as 3.2% to 414.25 rupees

** Agrochemicals maker's unit Mikusu India acquires 31.5% equity, voting share capital of Daikaffil Chemicals India via open offer

** Stock trading above its 50-, 100-, and 200-day moving averages since late Dec 2023

** HERN last up 1.3%, snapping 3-day losing streak

** Stock lost about 20% in 2023, marking second straight year of loss

(Reporting by Dimpal Gulwani)

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Jan 10 (Reuters) - Daikaffil Chemicals India Ltd DCHE.BO:

• CO ACQUIRES 31.50% EQUITY AND VOTING SHARE CAPITAL OF DAIKAFFIL CHEMICALS INDIA

Source text for Eikon: ID:nBSE1HBcSVcompany coverage: DCHE.BO

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Nov 8 (Reuters) - Heranba Industries Ltd HERN.NS:

• HERANBA INDUSTRIES LTD- MIKUSU INDIA TO BUY EQUITY IN DAIKAFFIL CHEMICALS INDIA

• HERANBA INDUSTRIES LTD- DEAL FOR 69.8 MILLION RUPEES FOR 48.5% STAKE

Source text for Eikon: ID:nBSE1Gv87x

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** Shares of Heranba Industries HERN.NS surge as much as 15.88% at 411.95 rupees

** Co on Wednesday said Gujarat Pollution Control Board's order for closure of operations at Vapi Pant units revoked

** Stock posts sharpest intraday climb since March 15, 2022, and is on track to snap three straight sessions of losses

** Around 1.7 mln shares changed hands by 12:15 p.m. IST in most active trading session since April 21

** Stock's relative strength index jumps above 70 in the session, indicating it may be overbought

** Including session's gains, stock cuts YTD fall to ~20%

(Reporting by Hritam Mukherjee in Bengaluru)

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** Shares of Heranba Industries Ltd HERN.NS fall as much as 5.5% to 322.05 rupees, their steepest pct loss since Feb. 1

** Fall comes after the agrochemical co reports ~66% Y/Y slump in March-qtr profit after tax of 143.3 mln rupees ($1.73 mln) while rev from ops dropped 26.1% Y/Y

** Also declared final dividend of 1.25 rupees per share

** About 205,152 shares change hands by 1:14 p.m. IST, 1.7x the 30-day avg - Refinitiv Data

** Stock last down 4%, extending YTD losses to 34.8%

($1 = 82.7476 Indian rupees)

(Reporting by Priya Sagar in Bengaluru)

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** Shares of Heranba Industries Ltd HERN.NS fall as much as 3.77% to an one-month low of 325 rupees

** Gujarat pollution control board instructs the agrochem company to close operations at its Vapi plant nFWN37H04A

** Gujarat pollution control board has laid certain conditions to follow for HERN

** HERN says analysing the pollution control board order and taking appropriate measures to remedy the situation

** Trading volume is 193,069 shares as of 1:15 p.m. IST, 1.5 times the 30-day avg - Refinitiv data

($1 = 81.7800 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru)

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April 24 (Reuters) - Heranba Industries Ltd HERN.NS:

• RECEIVES SIX CIB REGISTRATION

• REGISTRATIONS PART OF STRATEGY TO LAUNCH FIVE NEW PRODUCTS FROM SARIGAM TECHNICAL PLANT

Source text for Eikon: ID:nBSE9ymPcQ

Further company coverage: HERN.NS

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