HERANBANSEHeranba Industries LimitedHighNeutral
Announced Thu, 28 May · 18:56 IST

Heranba Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Pat NegativeNegative Operating CashflowDebt Equity ThresholdRevenue DeclineEbitda Margin CompressionResults View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-8.9%1-day move
₹195.90
prior close
₹191.86
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AI summary

Heranba Industries reported FY2026 standalone revenue of Rs 1,755.55 crore, up ~17% from Rs 1,495.90 crore in FY2025, with standalone PAT declining to Rs 50.87 crore from Rs 53.99 crore. The consolidated picture is far more worrying — consolidated PAT turned sharply negative at Rs 77.56 crore loss in FY2026 versus a profit of Rs 2.25 crore in FY2025, driven primarily by a Rs 98.13 crore depreciation charge (vs Rs 56.61 crore prior year) and higher finance costs. Operating cash flow was negative at Rs 203.92 crore standalone and Rs 95.95 crore consolidated. Short-term borrowings nearly doubled to Rs 458 crore standalone (vs Rs 230 crore last year). The Board declared no dividend for FY2025-26. Auditors issued unmodified opinions on both standalone and consolidated results with no qualifications.

Likely market impact

The stock faces significant pressure as the company swung into consolidated loss, operating cash flow turned negative, and debt levels surged sharply. The standalone profit also declined year-on-year despite revenue growth, indicating margin compression and higher interest costs.