Heranba Industries Limited (HERANBA)

Small Cap

Heranba Industries Limited operates in Agrochemicals, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹159.91

-4.21 · -2.57%

Market cap ₹668 Cr

ThemesManufacturing

Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm IST

Details

Quote19 Oct, 03:31 pm IST

Base fundamentals06 Oct 2026 · screener

Latest result22 Aug, 12:52 pm IST

Score20 Oct, 04:30 am IST · v4.3-runtime-valuation

Tags02 May 2026

Coverage12/14 · 86%

Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)

Technical timing lens

Trend score and candlestick chart

33Bearish

full bear SMA stack · SMA20 -1.3% / mo · MACD − · near 52W low

Stock trend: 22

Sector RS: 50

Sector 3M: -6.3% vs Nifty 500 -5.6%

Industrials FPI tailwindNot confirmed

Latest mapped FPI equity flow was not positive. View sector evidence

Compare peers →

Technical chart

HERANBAD candles · FIT view-24.8%

Latest close ₹159.91 on 2026-10-19

Bar

-3.0%

RSI

MACD hist

-0.85

52W pos

2026-10-19O ₹164.89H ₹166.99L ₹159.49C ₹159.91Vol 32,930 sh

Up bar

Down bar

EMA 20

EMA 50

Volume + 20D avg

Result date

RSI(14)

MACD / signal

Market context

Relative performance and chart statistics

Adjusted completed-session prices, rebased to 100

HERANBANifty India ManufacturingNifty 500

HERANBA: -10.8%
Nifty 500: -5.6%
Nifty India Manufacturing: -5.8%
Vs Nifty 500: -5.2 pp

Chart stats

19 Oct 2026

From 52W high: -51.1%
52W range position: 3%
ATR (14): 4.2%
Volume vs 20D: 0.16x
Avg traded value: ₹3.8 Cr
20D price channel: ₹159.5 - ₹198.9

Quarter ended 30 Jun 2026

Average · 30

Rev -15% YoY · PAT +11% YoY · margin expansion · +20% QoQ · operating leverage

Revenue: ₹383.2 Cr; YoY -15.3%
PAT: ₹7 Cr; YoY +11.2%
Operating margin: 12.8%; QoQ +2010 bps
PAT margin: 1.8%; QoQ +2008 bps

Filed 22 Aug 2026Full result & history →

Current-quarter concall

Transcript not linked yet

No source-linked earnings-call transcript is available for this company in the active results quarter.

Search Concall Intelligence

Technical snapshot

Positioning and participation

Stage 4 Downtrend

Current trend context ranked against all active NSE stocks. It describes the chart; it is not a buy or sell signal.

RS percentile: 11; -1 ranks over 20D
Stage 2 entry: Not in Stage 2; Current classification: Stage 4 Downtrend
Sector rotation: #2; leading · 600 stocks
Industry rotation: #54; weakening · 14 stocks

Trend structure

Below 20-DMABelow 50-DMABelow 200-DMA

RSI (14)

Weak momentum

MACD

Below signal

Histogram -0.85

Volume participation

0.2x average

Versus 20-session average

20-session position

1% of range

₹159.49 low · ₹198.9 high

Relative performance

vs Nifty 500

1M: -0.8 pp; stock -4.3%
3M: -5.2 pp; stock -10.8%
6M: -23.2 pp; stock -26.8%
1Y: -40.4 pp; stock -47.4%

From 52W high

-49.2%

High ₹315

52W range position

₹155.38 - ₹315

ATR (14)

4.2%

₹6.67

Avg traded value

₹3.8 Cr

20-session average

Current setup

No confirmed setup attached

Review the chart and detailed technical evidence before drawing a conclusion.

Open detailed technicals →

Research snapshot

What the evidence says now

Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.

Suggested next step

Check latest quarters

Result consistency is weak; verify whether the thesis is improving or deteriorating.

U-Score

Legacy · OVERVALUED

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Quarter ended 30 Jun 2026

Average · 30/100

Rev -15% YoY · PAT +11% YoY · margin expansion · +20% QoQ · operating leverage

Filed 22 Aug 2026

Open results browser →

Metric	This quarter	YoY	QoQ
Revenue	₹383.2 Cr	-15.3%	+19.9%
EBITDA	₹49.1 Cr	+57.2%	+310.9%
Operating margin	12.8%	+591 bps	+2010 bps
PAT	₹7 Cr	+11.2%	NDF
PAT margin	1.8%	+43 bps	+2008 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E: —
P/B: 0.88
EV/EBITDA: 6.69
Market Cap: 668.00Cr

Profitability

ROE: -9.69%
ROCE: -1.72%
ROA: -4.25%
Dividend Y: —

Growth (CAGR)

Revenue 5Y: -27.00%
EPS 5Y: -27.00%
Revenue 3Y: 7.00%
EPS 3Y: -23.00%

Balance Sheet

Debt/Equity: 0.76
Interest Coverage: 1.71×
Altman Z: 2.09
Book Value: 190.00

Cash Flow

FCF Yield: —
FCF Positive Y: 0/5
OCF: -96.00 Cr
EPS TTM: -18.84

Shareholding

Promoter Hold: 74.95%
Promoter Pledge: 0.00%
Momentum 52W: 6%

Financial History

Updated 20/10/2026

Revenue

₹ Cr

Latest: 383+19.9% vs prev

Net Profit

₹ Cr

Latest: 7.0+112.1% vs prev

ROE is shown only in the Annual view — quarterly equity data isn't published.

Technicals

Trend interpretation, Stage 2, relative strength, volume and indicator evidence

Daily technical trend read

Bearish setup

Trend is weak — long-term trend down. RSI 39.

Price < SMA20 < SMA50 < SMA200 — full bearish stack.
SMA20 falling (~1.3% over last month) — short-term momentum negative.
RSI(14) at 39 — falling, no extreme reading.
MACD below signal, histogram expanding negatively — bearish momentum building.
Within 5% of 52-week low — testing support.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Nifty 500 leadership

Relative Strength & Trend Stage

RS percentile

Stage 4 Downtrend

1M return

-4.3%

3M return

-10.8%

6M return

-27.1%

1Y return

-46.8%

RS 1D

RS 20D

-1

Sector rank

Industry rank

#54

Stage evidence

Price is 12.8% below the 30-week proxy.
The 50-DMA is below the 30-week proxy and its slope is falling -1.7%.
Both 3-month and 6-month returns are negative.

50-DMA

price below

200-DMA

price below

Sector

leading

Industry

weakening

Relative-strength line vs Nifty 500 (base 100)

262 observations

19 Oct 2026Value 55.13-1.55%

RS vs Nifty 50055

Valuation & peers

U-Score 16 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies

OVERVALUED

Fundamental score breakdown

U band · OVERVALUED

Valuation7/30

Growth1/25

Quality0/20

Balance Sheet7/15

Cash Flow0/10

Piotroski

2/9 (+0)

Penalties

Raw sum

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

16/100 · legacy band OVERVALUED

Positive drivers

Balance sheet contributes 7/15 to the score.
Valuation contributes 7/30 to the score.
Growth contributes 1/25 to the score.

Main drags

Quality is weaker at 0/20; verify the latest quarterly trend.
Cash flow is weaker at 0/10; verify the latest quarterly trend.
Growth is weaker at 1/25; verify the latest quarterly trend.

Sector valuation model

Cyclical valuation: normalized earnings, not just trailing PE

Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.

Cyclical normalized

Primary lens

Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.

Secondary checks

Current margin versus 5-year average, balance sheet strength, commodity cycle.

Main risk check

A low trailing PE may mean peak-cycle earnings, not true cheapness.

—

0.9

EV/EBITDA

6.7

ROE

-9.7%

ROCE

-1.7%

FCF Yield

—

Debt/Equity

0.8

MoS

—

Cyclical/value-trap warning

This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.

Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 20 Oct 2026

v4.3-runtime-valuation

Final score

Previous: 16

Legacy U-Score band

OVERVALUED

Previous: OVERVALUED

Margin of safety

—

Peers

Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.

Compare all ↗

Ticker

Name

Why peer

Score

ROE

MoS

Verdict

DHARMAJ

Small

Dharmaj Crop Guard Limited

Indogulf Cropsciences Limited

Excel Industries Limited

Shivalik Rasayan Limited

Astec LifeSciences Limited

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Issuer presentation review pending

Heranba Industries Limited operates in Agrochemicals, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Trust Score

51Limited evidence · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Limited evidence: Claim history is still being built. It ranks around the 9th percentile of the scored universe and 7th percentile within Industrials. Main check: results consistency is weak at 5/100.

This is a financial-behaviour screen, not a claim-tested management reliability verdict.

Computed 05 Sept 2026

management-trust-v1

59 docs text-extracted · 19 concalls text-extracted

Score band

Limited evidence

Financial behaviour is scored, but management claims do not yet have enough outcome checks.

Relative rank

9th percentile

overall median 67 · Industrials: 7th pctile, median 68 · Small: 10th pctile, median 66

Evidence depth

Financial-only

59 documents have extracted text, but claim history is not strong enough yet.

Claim delivery

Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Limited evidence · low confidence

What it measures

Reliability of management and financial delivery, using financial behaviour only.

Confidence

Treat this as an early read until more concalls and outcomes are matched.

Investor use

Needs extra due diligence; demand valuation comfort and recent improvement.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter

strong · holding, pledge, alignment

Cash flow

watch · profit to cash conversion

Balance sheet

watch · leverage and solvency

Discipline

weak · capital discipline

Results

weak · quarterly consistency

Trust positives

▸Promoter holding is 75%.
▸Promoter pledge is zero.
▸5 years of positive FCF.

Trust risks

▸Operating cash flow is negative at ₹-204 Cr.
▸3 latest quarters had PAT decline worse than 25% YoY.
▸Interest coverage is 1.9x.
▸ROCE is low at 7.9%.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Compare Industrials stocks Browse Indian stocks starting with H Explore fundamental stock screeners Browse Indian investment themes

Related companies

Dharmaj Crop Guard Limited (DHARMAJ)Indogulf Cropsciences Limited (IGCL)Excel Industries Limited (EXCELINDUS)Shivalik Rasayan Limited (SHIVALIK)Astec LifeSciences Limited (ASTEC)

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

Source: Bse

Open source ↗

Verify on:NSE India ↗

All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.

Heranba Industries Limited (HERANBA)

Trend score and candlestick chart

Technical chart

Relative performance and chart statistics

What the evidence says now

Financials

Quarter ended 30 Jun 2026

Fundamentals

Valuation

Profitability

Growth (CAGR)

Balance Sheet

Cash Flow

Shareholding

Revenue

Net Profit

Technicals

Daily technical trend read

Relative Strength & Trend Stage

Valuation & peers

Fundamental score breakdown

Why this score?

Positive drivers

Main drags

Cyclical valuation: normalized earnings, not just trailing PE

Stored run vs live recompute

Score history

Factor attribution

Modelled fair value

Comparable companies

Business, management & trust

Issuer presentation review pending

How to read this Trust Score

Forensic breakdown

Trust positives

Trust risks

Continue researching Heranba Industries Limited

Important announcements & filings

Sep 2026 · Announcement Under Regulation 30 (LODR)- Proceeding Of 34Th AGM. 28 Sep - Heranba held its 34th AGM on September 28, 2026; shareholders considered adoption of financials and director reappointments.

Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Sep - Enclosed herewith Newspaper Publication regarding Notice of the 34th Annual General Meeting.

Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Sep - Enclosed herewith Newspaper Advertisement for publication of Notice of 34th Annual General Meeting of the Company .

Business Responsibility and Sustainability Reporting (BRSR) 3 Sep - Heranba Industries filed its FY2025-26 BRSR as part of the annual report.

Aug 2026 · Announcement under Regulation 30 (LODR)-Acquisition 22 Aug - Board approved further investment up to ₹25 crore in Mikusu India via rights issue on August 22, 2026.

Aug 2026 · Announcement under Regulation 30 (LODR)-Change in Management 22 Aug - Punit H. Vyas designated Senior Management Personnel effective August 22, 2026.

Jul 2026 · Announcement under Regulation 30 (LODR)-Change in Management 20 Jul - Dr. Sunil Kumar, Vice President-R&D, resigned effective July 31, 2026.

Jul 2026 · Announcement under Regulation 30 (LODR)-Change in Management 21 Jul - Sunil Singh, Vice President–Procurement, resigns effective July 31, 2026.

May 2026 · Announcement under Regulation 30 (LODR)-Change in Management 28 May - Heranba reappointed Tapan Gaitonde & Co. as cost auditor for FY 2026-27 on May 28, 2026.

Annual Report 2026

Mar 2026 · Annual Report 2026

Mar 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 30 May - Enclosed herewith Newspaper Publication of Financial Results for the quarter and year ended March 31, 2026.