Risk factor
Very poor trading liquidity
Profitability factor
Weak growth
About
Heranba Industries Limited, headquartered in Mumbai, India, specializes in the manufacturing, marketing, and sale of a comprehensive range of agrochemicals. The company's extensive product portfolio includes essential intermediate chemicals (e.g., cypermethric acid chloride, high CIS CMA and CMAC, high trans CMA and CMAC, bromobenzenes, metaphenoxy benzaldehyde and benzyl alcohol, and NPBR) and a wide array of technical-grade active ingredients (such as cypermethrin, deltamethrin, alpha cypermethrin, acephate, lambda cyhalothrin, bifenthrin, tranfluthrin, tricyclazole, hexaconazole, tebuconazole, glyphosate, metribuzin, clodinafop, and bispyribac sodium). Additionally, Heranba provides diverse pesticide formulations, including emulsifiable concentrate, water dispersible granule, suspension concentrate, capsule suspension, oil dispersion, concentrated aqueous emulsions, suspoemulsion, and ZC formulation. These products collectively address various pest control needs, covering insecticides, herbicides, fungicides, and public health applications. Beyond its strong domestic presence within India, the company also boasts an international footprint, exporting its products to approximately 65 countries worldwide. Established in 1992, the company was initially known as Heranba Industrial Chemicals Limited before adopting its current name, Heranba Industries Limited, in July 1996.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. Specifically, the stock is neutral on EV/EBITDA.