Can you tell me about the Mar-22 quarter numbers of Heranba Industries?
Answer
Answer
Heranba Industries saw 30.7% higher sales in the Q4FY22 quarter at Rs350.14 crore. For FY22, revenues were higher by 18.9% at Rs1,450 crore for the full year. Heranba managed to report strong top line numbers despite tough market conditions. Revenue growth was helped by integrated manufacturing across the value chain and its wide distribution. This enabled Heranba to accelerate crop protection product registrations in nations across.
Heranba Industries
Rs in Crore
Mar-22
Mar-21
YOY
Dec-21
QOQ
Total Income (Rs cr)
₹ 350.14
₹ 267.83
30.73%
₹ 395.39
-11.44%
Net Profit (Rs cr)
₹ 42.58
₹ 43.20
-1.44%
₹ 53.49
-20.40%
Diluted EPS (Rs)
₹ 10.64
₹ 11.04
₹ 13.37
Net Margins
12.16%
16.13%
13.53%
Net profits for Q4FY22 was virtually flat at Rs42.58 crore as higher input costs offset the sales growth advantage. There was a 50% spike in cost of materials consumed due to global supply chain bottlenecks. EBITDA grew by just 6.77%. Net margins were 12.16% in Q4FY22 compared to 16.13% in Q4FY21 and 13.53% in Q3FY22. Heranba has declared a final dividend of Rs.2 per share on the face value, subject to approval of shareholders.