Stock Report

Heranba Organics Pvt Ltd commences Commercial Production at its Sarigam Unit, Phase-II

Posted On : 2025-06-26 18:52:59( TIMEZONE : IST )

Heranba Industries Ltd's (BSE- 543266, NSE-HERANBA, ISIN: INE694N01015) 100% Wholly Owned Subsidiary Company namely Heranba Organics Private Limited ("HOPL") started commercial production at its Sarigam Unit, Phase-II situated at GIDC, Sarigam, Taluka- Umbergaon, District-Valsad, Gujarat ("Sarigam Unit"). This Sarigam Unit, Phase-II will produce fungicides & insecticides products.

This development is in line with company's commitment and promises towards fostering sustainable growth while also creating job opportunities in the region.

Heranba expects Sarigam Unit, Phase-I & Phase-II to generate annual revenue of Rs. 375 to Rs. 475 Crores. The Production Capacity and Capacity Utilisation of this Sarigam Unit will be 9000 MTPA (Max).

Commenting on this development, Mr R K Shetty, Managing Director, Heranba, said, "This Commercial Production will generate additional revenue for our Company. This is in line with our commitment and promises made in the past. This commencement of commercial production is a recognition of Heranba's established track record, healthy accruals and resiliency of the business model. Our continued growth trajectory shows the strong and resilient DNA that we are built on. We are dedicated to accelerate revenue growth and to improve productivity in order to achieve significant margin expansion, and we continue to view FY26 as a crucial acceleration point in Heranba's growth trajectory. We remain focused in delivering better services thereby benefiting all the stakeholders."

Shares of Heranba Industries Limited was last trading in BSE at Rs. 310.00 as compared to the previous close of Rs. 301.90. The total number of shares traded during the day was 10082 in over 190 trades.

The stock hit an intraday high of Rs. 316.95 and intraday low of 295.00. The net turnover during the day was Rs. 3138323.00.