Heranba Industries targets ₹2,500 Crore revenue this FY, from Crop Protection and Crop Nutrition Segments

Heranba Industries Limited (BSE, NSE: HERANBA), a leading Indian agrochemical company, today announced its strategic entry into the fastgrowing crop nutrition segment, marking a significant milestone in its growth journey.

The announcement was made at a grand launch event held at Leonia Holistic Destination, where Chairman S. K. Shetty and Managing Director R. K. Shetty unveiled a premium portfolio of innovative crop nutrition solutions aimed at enhancing farm productivity across India and global markets.

Launch of Innovative Crop Nutrition Solutions

The company introduced two breakthrough products:

- Fentaamine™ - A next-generation bio stimulant engineered to enhance plant metabolism, improve stress tolerance, and boost crop yield.

- MycoHil™ - An advanced biofertilizer designed to improve nutrient absorption, strengthen soil microbiology, and promote sustainable agriculture practices.

These products have been developed in collaboration with a leading American multinational company, combining global research expertise with Heranba's robust manufacturing capabilities.

Commenting on the launch, R. K. Shetty, Managing Director of Heranba Industries Limited, said: "The crop nutrition segment is witnessing a strong CAGR of over 15% globally and in India. Our entry into this space is a natural strategic progression. We are targeting accelerated growth from this segment over the next three years. By integrating global R & D with our manufacturing strengths, we aim to deliver world-class, sustainable solutions to farmers."

Growth Strategy: Vision 2026

The company's entry into crop nutrition is aligned with its broader Vision 2026 growth roadmap:

- Revenue Target: Achieving total turnover of ₹2,500 crore in the current fiscal year.

- Global Expansion: Expanding footprint across 80+ countries, with plans to establish a subsidiary in Dubai to strengthen presence in the Middle East and Africa.

- Manufacturing Excellence: Leveraging seven world-class manufacturing facilities and scaling up Contract Manufacturing Organization (CMO) operations to drive capacity utilization and brand equity.

Strengthening Capabilities for Future Growth

To support its expansion strategy, Heranba Industries Limited is investing in:

- Talent acquisition and capability building
- Strengthening sales and marketing infrastructure
- Enhancing last-mile farmer engagement
- Channel partners engagement
- Expanding global business operations

Shares of Heranba Industries Limited was last trading in BSE at Rs. 188.30 as compared to the previous close of Rs. 189.95. The total number of shares traded during the day was 1112 in over 81 trades.

The stock hit an intraday high of Rs. 193.20 and intraday low of 187.60. The net turnover during the day was Rs. 210889.00.

Source : Equity Bulls

Keywords

HeranbaIndustries INE694N01015 Agrochemicals CropNutrition