# Heranba Industries share price today (Heranba Industries Ltd, NSE: HERANBA)

> Heranba Industries share price today: ₹149.20 at the NSE close on 3 November 2026, down 50.2% in a year. Heranba Industries (NSE: HERANBA) is worth ₹597 crore, trades at a P/E of 24.3 and has closed between ₹145.01 and ₹283.00 over the past 52 weeks. > Heranba Industries Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. HERANBA · Pesticides/Agrochemicals · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/heranba-industries-ltd

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: ₹149.20 (−50.2% in a year)
- P/E: 24.3× (lower than 61% of the last 2 years)
- Revenue (Jun 2026): ₹383 Cr (−15.3% on a year ago)
- Profit (Jun 2026): ₹7.0 Cr (+11.2% on a year ago)
- Operating margin: 12.8% (+5.9 points on a year ago)
- ROCE: −2%, FY26
- ROIC: −0.9%, against a 12.0% cost of capital: −12.9 points

The main question: the share price moved −50.2% in a year while yearly earnings per share moved −2,580.5%. The difference came from the market paying a higher multiple. ## What is the Heranba Industries share price today? Heranba Industries Ltd's share price was ₹149.20 at the close on 3 November 2026. It has been falling for 56 weeks. That is 23.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹145 and ₹283, and at that close it sat 3% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 6 weeks running. Over the last 5.7 years the share price moved −82% while the NIFTY 500 moved +73%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 25 September 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Heranba Industries this quarter? 9 points on a year earlier. 1. Profit grew again in the June 2026 quarter Profit was ₹7 crore, +11.2% on a year earlier (₹6 crore), after 6 quarters of decline. 2. Operating margin up 5.9 points on a year earlier 12.8% in the June 2026 quarter, from 6.9%. ## What are Heranba Industries' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Heranba Industries reported revenue of ₹383 crore, down 15.3% from ₹452 crore a year earlier, and a profit of ₹7.03 crore, up 11.2% from ₹6.32 crore. ### Heranba Industries results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹383 crore | ₹452 crore | −15.3% |
| Profit | ₹7.03 crore | ₹6.32 crore | +11.2% |
| Earnings per share | ₹1.78 | ₹1.52 | +17.1% |
| Operating margin | 12.8% | 6.9% | +5.9 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Heranba Industries share price history? Heranba Industries closed at ₹149.20 on 3 November 2026, down 50.2% from ₹299.85 a year earlier (31 October 2025) and down 79.8% over five years. Its highest weekly close since March 2021 was ₹837.60 on 13 August 2021. ### Heranba Industries share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹147.26 | +1.3% |
| 1 month ago · 1 Oct 2026 | ₹172.12 | −13.3% |
| 6 months ago · 30 Apr 2026 | ₹219.14 | −31.9% |
| 1 year ago · 31 Oct 2025 | ₹299.85 | −50.2% |
| 3 years ago · 3 Nov 2023 | ₹367.90 | −59.4% |
| 5 years ago · 4 Nov 2021 | ₹740.30 | −79.8% |
| Earliest weekly close in our records · 5 Mar 2021 | ₹812.60 | −81.6% |
| Highest weekly close since March 2021 · 13 Aug 2021 | ₹837.60 | −82.2% |
| Lowest weekly close since March 2021, also the 52-week low · 30 Oct 2026 | ₹145.01 | +2.9% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹283.00 | −47.3% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (304 weekly closes from 5 March 2021 to 3 November 2026.)

## What is the latest news on Heranba Industries? 3 Nov 2026: Heranba Industries closed at ₹149.20, up 1.3% on the week and down 13.3% on the month. Results for April to June 2026: Revenue down 15.3% and profit up 11.2% on a year earlier. ## What dividend does Heranba Industries pay? Heranba Industries paid no dividend in the 12 months to 4 November 2026. The last was a dividend of ₹1 a share, ex-date 17 September 2025. ### Heranba Industries dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 17 Sep 2025 | ₹1 | Dividend | same day |
| 5 Sep 2024 | ₹1.25 | Dividend | same day |
| 17 Aug 2023 | ₹1.25 | Dividend | n/a |
| 19 Jul 2022 | ₹2 | Dividend | n/a |
| 6 Sep 2021 | ₹0.70 | Dividend | 7 Sep 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Not in its latest year. Heranba Industries Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 3 of its last 4 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is Heranba Industries on? Heranba Industries is on one of our India lists: 52 week high & low. [52 week high & low 52-week position: At 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)

## Is Heranba Industries profitable? Heranba Industries Ltd earned ₹7.0 Cr of net profit in the Jun 2026 quarter, +11.2% on the same quarter a year earlier. The full FY26 year was a loss of ₹78.0 Cr. That is 1.8% of the quarter's revenue. The same quarter a year earlier earned ₹6.3 Cr. 6 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was −₹78.0 Cr (−4,000.0% on the year before). ## How much revenue does Heranba Industries make, and is it growing? Heranba Industries Ltd reported ₹383 Cr of revenue in the Jun 2026 quarter, −15.3% on the same quarter a year earlier. Over 3 years it has grown 6.5% a year on average. The last full year, FY26, came in at ₹1,595 Cr. The last four reported quarters add to ₹1,526 Cr. FY26 revenue was ₹1,595 Cr, +13.1% on the year before. Recent pace: the last four quarters grew −3.1% on average, against 6.5% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −2.6%, against +9.3% a year over the last 8 quarters (rolling over). ## How much of every ₹100 of sales does Heranba Industries keep? Heranba Industries Ltd's operating margin was 12.8% in the Jun 2026 quarter, 5.9 percentage points higher than the same quarter a year ago. Across 4 years it has been between 4.3% and 12.0%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +5.9 percentage points on the year while gross margin changed +10.0 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Heranba Industries' profit turning into cash? Over the last 3 years, 149% of Heranba Industries Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 its operations used ₹96.0 Cr of cash, against −₹78.0 Cr of profit. After ₹79.0 Cr of spending on assets, free cash was −₹175 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 149% of profit came in as cash: the cash cycle got 31 days shorter between FY23 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 3.4× depreciation over three years. The next section checks what that spending is building. ## Where does Heranba Industries' cash go? Heranba Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 123 days in FY26, down from 154 days in FY23. It spent ₹613 Cr on assets over the last 3 years. Customers take 135 days to pay, and stock sits for 153 days on average. At FY26 sales of ₹1,595 Cr, each day of that cycle ties up about ₹4.4 Cr, so roughly ₹537 Cr is tied up in the business at any time. FY26: customers took 135 days to pay and stock sat for 153 days, about 5.0 months of sales sitting as stock, for a full cycle of 123 days, shorter than FY23's 154. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 153 days. Customers pay about 135 days after that. Suppliers are paid at 166 days. Together that makes the 123-day cycle. Spending on assets: ₹613 Cr over the last 3 years, against ₹181 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹21.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Heranba Industries' P/E ratio, and how does it compare with its own history? Heranba Industries Ltd's P/E is 24.3×, in the middle of its own history: higher than 39% of past readings. Its usual P/E (the middle reading) is 27.4×, over 2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −2,580.5% while the price moved −50.2%. The price did better than earnings, which pushed the multiple up within its own range. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Heranba Industries business getting better or worse? Heranba Industries Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −3563.4% in the latest quarter, against +48.9% at its best in 12 quarters, with ROCE steady at 9.4%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Heranba Industries earn on its capital? Heranba Industries Ltd earned a ROCE of −2% in FY26. Its return on capital used (ROIC) is 12.9 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −4.9% net margin and 0.81× asset turnover (sales divided by assets). Why the return is what it is (FY26): a −4.9% net margin × 0.81× asset turnover × 2.58× leverage (assets divided by equity) ≈ −10.2% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: −0.9% − 12.0% = −12.9 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Heranba Industries have too much debt? Heranba Industries Ltd has total debt of ₹576 Cr against shareholder equity of ₹770 Cr as of Jun 2026, so its debt is 0.75× its equity. Year by year, that ratio went from 0.09 in FY22 to 0.75 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Heranba Industries shareholding pattern? No group of Heranba Industries Ltd's owners changed its stake by a full percentage point over the last two years. Domestic institutions moved +0.3 points over the same period, to 0.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −0.4 points over 8 quarters, to 0.0%; Domestic institutions: +0.3 points over 8 quarters, to 0.3%; Promoters: +0.0 points over 8 quarters, to 75.0%. ## How far is Heranba Industries from balance-sheet trouble? For Heranba Industries Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Heranba Industries rank in its industry? 29.9 out of 100, rank 25 of 25 in Pesticides/Agrochemicals, with 76% of the evidence available. Heranba Industries Ltd scores 29.9 out of 100 against the 25 companies it is compared with in Pesticides/Agrochemicals, ranking 25. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 10.2 + 2.6 + 10 + 7.1 = 29.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Heranba Industries compared with? Heranba Industries ranks 25 of 25 Pesticides/Agrochemicals companies on the 4-Factor Sector Score, with 29.9 out of 100. 1. [Sharda Cropchem Ltd](https://www.sectoralpha.in/stocks/sharda-cropchem-ltd) SHARDACROP · basing · Most evidence points up · 100% evidence 71.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.5/35 · Revenue 17.3% · Profit 42.5% · Operating margin change 2 points · 100% evidence Capital efficiency 19.5/25 · ROCE 30.2% · Operating margin 16% · 100% evidence Valuation 19.2/20 · P/E 9.3× · PEG 0.3 · 100% evidence Relative strength 4.6/20 · Lead over its industry -14.3% · Lead over NIFTY 500 -22.1% · 1 year -23.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 28.5 + 19.5 + 19.2 + 4.6 = 71.8 · What this means: Earnings are strong; relative strength in its sector is -14.3% and the one-year return is -23.1%. 2. [Titan Biotech Ltd](https://www.sectoralpha.in/stocks/titan-biotech-ltd) turning · Most evidence points up · 83% evidence 70.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.1/35 · Revenue 31.8% · Profit 38.7% · Operating margin change 2 points · 83% evidence Capital efficiency 20.2/25 · ROCE 22.8% · Operating margin 21% · 95% evidence Valuation 5.4/20 · P/E 51.8× · PEG n/a · 50% evidence Relative strength 16.7/20 · Lead over its industry 38.3% · Lead over NIFTY 500 25.1% · 1 year 101.5% · 100% evidence · 4 of 12 weeks ahead Exact sum: 28.1 + 20.2 + 5.4 + 16.7 = 70.4 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Bayer CropScience Ltd](https://www.sectoralpha.in/stocks/bayer-cropscience-ltd) BAYERCROP · quiet · Evidence leans up · 81% evidence 63.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.3/35 · Revenue -2.8% · Profit 23.8% · Operating margin change 2 points · 88% evidence Capital efficiency 19.6/25 · ROCE 29.1% · Operating margin 20% · 100% evidence Valuation 13.4/20 · P/E 20× · PEG 1.28 · 100% evidence Relative strength 8.6/20 · Lead over its industry n/a · Lead over NIFTY 500 -20.8% · 1 year -33.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 22.3 + 19.6 + 13.4 + 8.6 = 63.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Punjab Chemicals & Crop Protection Ltd](https://www.sectoralpha.in/stocks/punjab-chemicals-crop-protection-ltd) PUNJABCHEM · quiet · Evidence leans up · 81% evidence 63.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.3/35 · Revenue 8.2% · Profit 43.5% · Operating margin change 1 points · 88% evidence Capital efficiency 13.6/25 · ROCE 18.6% · Operating margin 12% · 100% evidence Valuation 15.9/20 · P/E 17.4× · PEG 0.33 · 100% evidence Relative strength 9.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -9.4% · 1 year -36.4% · 25% evidence · 6 of 12 weeks ahead Exact sum: 24.3 + 13.6 + 15.9 + 9.8 = 63.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Dharmaj Crop Guard Ltd](https://www.sectoralpha.in/stocks/dharmaj-crop-guard-ltd) DHARMAJ · losing its lead · Evidence leans up · 81% evidence 63.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.8/35 · Revenue 8.7% · Profit 13.2% · Operating margin change 1 points · 88% evidence Capital efficiency 14.7/25 · ROCE 16.8% · Operating margin 15% · 100% evidence Valuation 17.5/20 · P/E 14.3× · PEG 0.38 · 100% evidence Relative strength 12.2/20 · Lead over its industry n/a · Lead over NIFTY 500 4.7% · 1 year -9.9% · 25% evidence · 3 of 12 weeks ahead Exact sum: 18.8 + 14.7 + 17.5 + 12.2 = 63.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [India Pesticides Ltd](https://www.sectoralpha.in/stocks/india-pesticides-ltd) IPL · quiet · Evidence leans up · 81% evidence 59.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.6/35 · Revenue 17% · Profit 10.1% · Operating margin change -2 points · 88% evidence Capital efficiency 15.4/25 · ROCE 16.6% · Operating margin 14% · 100% evidence Valuation 18.2/20 · P/E 12× · PEG 0.36 · 100% evidence Relative strength 8.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -23% · 1 year -40.7% · 25% evidence · 0 of 12 weeks ahead Exact sum: 17.6 + 15.4 + 18.2 + 8.2 = 59.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Advance Agrolife Ltd](https://www.sectoralpha.in/stocks/advance-agrolife-ltd) ADVANCE · breaking out · Evidence leans up · 64% evidence 58.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.1/35 · Revenue 48.4% · Profit 81.5% · Operating margin change 1 points · 88% evidence Capital efficiency 14.1/25 · ROCE 19.6% · Operating margin 11% · 100% evidence Valuation 10.3/20 · P/E 16.3× · PEG n/a · 15% evidence Relative strength 12.4/20 · Lead over its industry n/a · Lead over NIFTY 500 10.6% · 1 year -8.6% · 25% evidence · 12 of 12 weeks ahead Exact sum: 22.1 + 14.1 + 10.3 + 12.4 = 58.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Dhanuka Agritech Ltd](https://www.sectoralpha.in/stocks/dhanuka-agritech-ltd) DHANUKA · turning · Evidence leans up · 100% evidence 57.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.8/35 · Revenue 0% · Profit 0.7% · Operating margin change 0 points · 100% evidence Capital efficiency 19.6/25 · ROCE 25.9% · Operating margin 23% · 100% evidence Valuation 9.2/20 · P/E 14.4× · PEG 2.27 · 100% evidence Relative strength 17.4/20 · Lead over its industry 7.1% · Lead over NIFTY 500 -2.8% · 1 year -28.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 10.8 + 19.6 + 9.2 + 17.4 = 57 · What this means: Relative strength against the index is -2.8%, and revenue and profit growth are weak. 9. [Jubilant Ingrevia Ltd](https://www.sectoralpha.in/stocks/jubilant-ingrevia-ltd) JUBLINGREA · quiet · Evidence leans up · 93% evidence 54.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.0/35 · Revenue 15.4% · Profit 21.9% · Operating margin change 3 points · 100% evidence Capital efficiency 13.6/25 · ROCE 11.4% · Operating margin 15% · 100% evidence Valuation 6.7/20 · P/E 24.7× · PEG 2.26 · 65% evidence Relative strength 8.4/20 · Lead over its industry -2.6% · Lead over NIFTY 500 -11.7% · 1 year -19.1% · 100% evidence · 3 of 12 weeks ahead Exact sum: 26 + 13.6 + 6.7 + 8.4 = 54.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Meghmani Organics Ltd](https://www.sectoralpha.in/stocks/meghmani-organics-ltd) MOL · breaking out · Evidence leans up · 64% evidence 52.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.0/35 · Revenue -7.8% · Profit 100% · Operating margin change 7 points · 88% evidence Capital efficiency 9.5/25 · ROCE 6.7% · Operating margin 18% · 100% evidence Valuation 9.6/20 · P/E 20.8× · PEG n/a · 15% evidence Relative strength 11.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.5% · 1 year -35% · 25% evidence · 11 of 12 weeks ahead Exact sum: 22 + 9.5 + 9.6 + 11 = 52.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [GSP Crop Science Ltd](https://www.sectoralpha.in/stocks/gsp-crop-science-ltd) GSPCROP · quiet · Too little evidence to rank firmly · 59% evidence 51.0 out of 100 Growth Capital Valuation Relative
12. [Epigral Ltd](https://www.sectoralpha.in/stocks/epigral-ltd) EPIGRAL · quiet · Evidence leans down · 81% evidence 49.6 out of 100 Growth Capital Valuation Relative
13. [Rallis India Ltd](https://www.sectoralpha.in/stocks/rallis-india-ltd) RALLIS · quiet · Evidence leans down · 85% evidence 48.4 out of 100 Growth Capital Valuation Relative
14. [Bharat Rasayan Ltd](https://www.sectoralpha.in/stocks/bharat-rasayan-ltd) BHARATRAS · quiet · Evidence leans down · 96% evidence 45.3 out of 100 Growth Capital Valuation Relative
15. [Bhagiradha Chemicals & Industries Ltd](https://www.sectoralpha.in/stocks/bhagiradha-chemicals-industries-ltd) BHAGCHEM · quiet · Evidence leans down · 96% evidence 44.7 out of 100 Growth Capital Valuation Relative
16. [Shivalik Rasayan Ltd](https://www.sectoralpha.in/stocks/shivalik-rasayan-ltd) SHIVALIK · Evidence leans down · 63% evidence 43.9 out of 100 Growth Capital Valuation Relative
17. [Excel Industries Ltd](https://www.sectoralpha.in/stocks/excel-industries-ltd) EXCELINDUS · quiet · Evidence leans down · 64% evidence 42.7 out of 100 Growth Capital Valuation Relative
18. [NACL Industries Ltd](https://www.sectoralpha.in/stocks/nacl-industries-ltd) NACLIND · basing · Evidence leans down · 96% evidence 42.0 out of 100 Growth Capital Valuation Relative
19. [Best Agrolife Ltd](https://www.sectoralpha.in/stocks/best-agrolife-ltd) BESTAGRO · quiet · Evidence leans down · 90% evidence 42.0 out of 100 Growth Capital Valuation Relative
20. [Sumitomo Chemical India Ltd](https://www.sectoralpha.in/stocks/sumitomo-chemical-india-ltd) SUMICHEM · quiet · Evidence leans down · 85% evidence 41.7 out of 100 Growth Capital Valuation Relative
21. [UPL Ltd](https://www.sectoralpha.in/stocks/upl-ltd) UPL · basing · Evidence leans down · 71% evidence 41.5 out of 100 Growth Capital Valuation Relative
22. [Insecticides India Ltd](https://www.sectoralpha.in/stocks/insecticides-india-ltd) INSECTICID · quiet · Evidence leans down · 96% evidence 40.5 out of 100 Growth Capital Valuation Relative
23. [P I Industries Ltd](https://www.sectoralpha.in/stocks/p-i-industries-ltd) PIIND · quiet · Evidence leans down · 81% evidence 38.3 out of 100 Growth Capital Valuation Relative
24. [Astec Lifesciences Ltd](https://www.sectoralpha.in/stocks/astec-lifesciences-ltd) ASTEC · quiet · Most evidence points down · 71% evidence 32.7 out of 100 Growth Capital Valuation Relative
25. Heranba Industries Ltd this page HERANBA · quiet · Most evidence points down · 76% evidence 29.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.2/35 · Revenue -2.6% · Profit -80% · Operating margin change 5.9 points · 88% evidence Capital efficiency 2.6/25 · ROCE -1.7% · Operating margin 12.8% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 7.1/20 · Lead over its industry -15.5% · Lead over NIFTY 500 -23.4% · 1 year -51.6% · 100% evidence · 1 of 12 weeks ahead Exact sum: 10.2 + 2.6 + 10 + 7.1 = 29.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Pesticides/Agrochemicals](https://www.sectoralpha.in/sectors/pesticides-agrochemicals), all 25 compared on one page. ## Which companies are close to Heranba Industries in size? Heranba Industries is the 23rd largest of 25 Pesticides/Agrochemicals companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Punjab Chemicals & Crop Protection, Excel Industries, Dharmaj Crop Guard and Advance Agrolife. Just below it: Best Agrolife and Shivalik Rasayan. ### Pesticides/Agrochemicals companies close in size

1. [Punjab Chemicals & Crop Protection Ltd](https://www.sectoralpha.in/stocks/punjab-chemicals-crop-protection-ltd) ₹1,166 crore
2. [Excel Industries Ltd](https://www.sectoralpha.in/stocks/excel-industries-ltd) ₹1,074 crore
3. [Dharmaj Crop Guard Ltd](https://www.sectoralpha.in/stocks/dharmaj-crop-guard-ltd) ₹862 crore
4. [Advance Agrolife Ltd](https://www.sectoralpha.in/stocks/advance-agrolife-ltd) ₹797 crore
5. Heranba Industries Ltd ₹580 crore
6. [Best Agrolife Ltd](https://www.sectoralpha.in/stocks/best-agrolife-ltd) ₹496 crore
7. [Shivalik Rasayan Ltd](https://www.sectoralpha.in/stocks/shivalik-rasayan-ltd) ₹480 crore

[All 25 Pesticides/Agrochemicals companies, largest first](https://www.sectoralpha.in/sectors/pesticides-agrochemicals#all-companies)

### Companies close in size in other industries

1. [Madhuveer Com 18 Network Ltd](https://www.sectoralpha.in/stocks/madhuveer-com-18-network-ltd) ₹581 crore · Pharma - Others
2. [Shri Jagdamba Polymers Ltd](https://www.sectoralpha.in/stocks/shri-jagdamba-polymers-ltd) ₹581 crore · Textiles - Technical Textile
3. Heranba Industries Ltd ₹580 crore
4. [Mawana Sugars Ltd](https://www.sectoralpha.in/stocks/mawana-sugars-ltd) ₹580 crore · Sugar - Integrated
5. [Solex Energy Ltd](https://www.sectoralpha.in/stocks/solex-energy-ltd) ₹580 crore · Capital Goods - Solar

## What else do people ask about Heranba Industries? ### What is Heranba Industries's share price today? Heranba Industries Ltd's share price is ₹149.20, −50.2% over the past year. The whole company is worth ₹597 Cr on the market. In the last 52 weeks it traded between ₹145 to ₹283; today it is 3% of the way up from the low, 23.6% below its 200-day average (as of 3 November 2026). ### What were Heranba Industries's latest quarterly results? Heranba Industries Ltd reported revenue of ₹383 Cr and net profit of ₹7.0 Cr for the Jun 2026 quarter. Revenue fell 15.3% and profit rose 11.2% compared with a year earlier. Earnings per share were ₹1.78. The operating margin was 12.8%, 5.9 percentage points higher than a year earlier (as of 3 November 2026). ### What is Heranba Industries's market cap? Heranba Industries Ltd's market capitalisation is ₹597 Cr at a share price of ₹149.20. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Heranba Industries performing? Heranba Industries Ltd's share price has been falling for 56 weeks. In its latest quarter, revenue fell 15.3% and profit rose 11.2% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 6 weeks running (as of 3 November 2026). ### Will Heranba Industries's share price go up? This page does not forecast Heranba Industries Ltd's share price. What it shows instead: the share price is ₹149.20, and it has been falling for 56 weeks. Its P/E of 24.3× is higher than 39% of its own last 2 years (as of 3 November 2026). ### Does Heranba Industries have too much debt? Heranba Industries Ltd has a moderate amount of debt: its debt is 0.76× its equity, and its operating profit is 1 times its interest bill. FY26 borrowings were ₹576 Cr against equity of ₹762 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Is Heranba Industries's profit real cash? Yes, over the last 3 years, 149% of Heranba Industries Ltd's reported profit came in as cash from operations. The latest year was lower at 123%, so the trend is worth watching. In FY26, operating cash was −₹96.0 Cr against reported profit of −₹78.0 Cr. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is Heranba Industries in its business cycle? Heranba Industries Ltd's FY26 operating margin was 4.3%, against a 4-year range of 4.3% to 12.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 12.8%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Heranba Industries story? The main question: the share price moved −50.2% in a year while yearly earnings per share moved −2,580.5%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Heranba Industries a stock worth studying right now? What the numbers show: Heranba Industries Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india

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