Heranba Industries Ltd - 543266 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Raghuram Kanyan Shetty Heranba Industries Ltd - 543266 - Change Of Name Of Promoter Group Entity
This is to inform that the one of the Promoter Group Entity namely SAMS Industries Limited which holds 861288 ( 2.15%) Equity Shares in Heranba Industries Limited, intimated regarding change of name from SAMS Industries Limited to SAMS Industries Private Limited after getting due permission from ROC. Heranba Industries Ltd - 543266 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Please find enclosed herewith the Revised Transcript in clean mode of Earning Call held on January 28, 2023, on Financial Result for the Q3FY2023 ended on December 31, 2022. Heranba Industries Ltd - 543266 - Announcement under Regulation 30 (LODR)-Newspaper Publication
We refer to our Letter dated January 30, 2023 wherein we informed that the Financial Statements/ Result for the Quarter ended December 31, 2022 were published in ( 1 ) Financial Express - (Ahmedabad) dated January 29, 2023 and ( 2) Financial Express - (Ahmedabad in Gujarati) dated January 29, 2023. Further we wish to further inform that the financial statement for the quarter ended December 31, 2022 have also been published in the the newspaper(s), the details of which are given in the letter attached herewith. Heranba Industries Ltd - 543266 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Please find enclosed herewith the Transcript of Earning Call held on January 28, 2023, on Financial Result for the Q3FY2023 ended on December 31, 2022.
Buy Heranba Industries; target of Rs 447: YES Securities
YES Securities is bullish on Heranba Industries has recommended buy rating on the stock with a target price of Rs 447 in its research report dated January 30, 2023. Heranba Industries Ltd - 543266 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication of Financial Statements/Results for Quarter ended on December 31, 2022
Heranba Industries tanks 20%, hits record low on weak Q3 results
The management said revenue impacted by challenging global macros including prolonged geopolitical concerns, rising inflation in major economies and slowdown in demand. Q3FY23 Quarterly Result Announced for Heranba Industries Ltd.
Agrochemicals firm Heranba Industries announced Q3FY23: Q3FY23: Revenue from operations stood at Rs 2,802 million in Q3FY23 as compared to Rs 3,954 million in Q3FY22. EBITDA stood at Rs 264 million during the quarter with EBITDA margin of 9.41% in Q3FY23. Profit after tax stood at Rs 144 million in Q3FY23 as compared to Rs 535 million in Q3FY22. Mr. Raghuram K. Shetty, Managing Director of Heranba Industries Limited, commented, “The company’s 9MFY23 revenues stood at Rs 10,655 million impacted by challenging global macros including prolonged geopolitical concerns, rising inflation in major economies and slowdown in demand. The domestic technical business witnessed lower demand due to challenging market conditions coupled with a higher inventory. Our export business was impacted by volatile global macroeconomics. The EBITDA margins were suppressed during 9MFY23 due to higher raw material prices and an increase in power & fuel costs. Heranba’s capex plans are progressing as planned and it will further strengthen the Company’s capacities and capabilities for the coming years. Heranba aims to leverage its sales and marketing teams' reach to strengthen its relationships with existing customers along with adding new customers. The near-term outlook is challenging for the entire agrochemical industry. However, Heranba will continue to diversify its product portfolio, widen its distribution network and sharpen its R&D; focus for creating sustainable growth.” Result PDF Heranba Industries Ltd - 543266 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
The audio recording of Earnings Conference call held on January 28, 2023 with Analysts / Investors on Financial Results of the Company for the quarter ended December 31, 2022, is available on the Company's website, the link of which are given in the letter attached herewith.