Heranba Industries Ltd.

Financial

	Heranba Industries	Dharmaj Crop Guard	Bharat Rasayan
Operational Metrics
Pesticides
Manufacturing Capacity - Pesticides	16224.0 MTPA	n/a	20000.0 MTPA
Financials
5 yr Average ROE	24.73 %	31.87 %	22.91 %
5yr average Equity Multiplier	1.63	2.67	1.41
5yr Average Asset Turnover Ratio	1.35	2.09	1.29
5yr Avg Net Profit Margin	10.96 %	5.89 %	12.57 %
Price to Book	1.59	2.23	4.33
P/E	28.35	17.9	66.86
5yr Avg Cash Conversion Cycle	109.24 Days	39.24 Days	174.28 Days
Inventory Days	56.44 Days	43.61 Days	67.85 Days
Days Receivable	105.03 Days	54.75 Days	116.62 Days
Days Payable	97.16 Days	59.0 Days	24.09 Days
5yr Average Interest Coverage Ratio	34.3	13.7	27.26
5yr Avg ROCE	33.77 %	32.32 %	31.44 %
5yr Avg Operating Profit Margin	16.52 %	9.92 %	20.05 %
5 yr average Debt to Equity	0.12	0.71	0.22
5yr CAGR Net Profit	1.4 %	45.83 %	2.24 %
5yr Average Return on Assets	15.02 %	11.83 %	16.3 %
Shareholdings
Promoter Holding	74.94 %	70.4 %	74.99 %
Share Pledged by Promoters	0.0	0.0	0.64 %
Change in Promoter Holding (3 Yrs)	0.79 %	1.75 %	0.16 %
Change in Mutual Fund Holding (3 Yrs)	-1.77 %	0.0	1.67 %

Business

	Heranba Industries	Dharmaj Crop Guard	Bharat Rasayan
Product Wise Break-Up	Product Wise Break-Up Domestic Formulations 37.0 Domestic Technicals 27.0 Export Formulations 20.0 Export Technicals 16.0 Metribuzin Technical 0 Metaphenoxy Benzaldehyde 0	-	Product Wise Break-Up Metribuzin Technical 10.0 Domestic Technicals 0 Domestic Formulations 0 Export Technicals 0 Metaphenoxy Benzaldehyde 13.0 Export Formulations 0 Others 77.0
Segment Break-Up	Segment Break-Up Manufacture of Pesticide/Insecticide Products 100.0 Agro Chemicals 0	Segment Break-Up Agro Chemicals 100.0 0	-
Location Wise Break-Up	Location Wise Break-Up India 63.36 International 36.64 China 0 India 0	Location Wise Break-Up International 0 China 0 India 94.34 Others 5.66	-
Asset Break-Up	Asset Break-Up India 100.0	-	-