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Heranba Industries

Heranba Industries

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Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

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Overview

Heranba Industries is a crop protection chemical manufacturer, exporter and marketing company based out of Vapi, Gujarat. It manufactures Intermediates, Technicals and Formulations. It is one of the leading domestic producers of synthetic pyrethroids like cypermethrin, alphacypermethrin, deltamethrin, permitherin, lambda cyhalothrin etc. Its Pesticides range includes insecticides, herbicides, fungicides and public health products for pest control. Its business verticals include (a) Domestic Institutional sales of Technicals: manufacturing and selling of Technicals in bulk to domestic companies; (b) Technicals Exports: Exports of Technicals in bulk to customers outside India; (c) Branded Formulations: Manufacturing and selling of Formulations under its own brands through its own distribution network in India; (d) Formulations Exports: Export of Formulations in bulk and customer specified packaging outside India; and (e) Public Health: Manufacturing and selling of general insect control chemicals by participating in public health tenders issued by governmental authorities and selling to pest management companies.

Business area of the company

The company is engaged in manufacturing process which mainly includes chemical reactions of ammonolysis, esterification, hydrolysis, condensation, favorski reaction, isomerisation, cyanation, friedel crafts, methoxylation, cyclisation and halogenation. It has its inhouse R&D team for product development and improvisation which is well supported by its product registration team. Its R&D facilities at Unit I and II are recognized by the Department of Scientific and Industrial Research, Ministry of Science & Technology, Government of India (DSIR). Its new R&D facility at Unit III, Sarigam has become operational from October, 2020.

Major events and milestones:

  • 1991-92: Incorporation of the company.
  • 1996-97: Change of name of the company from Heranba Industrial Chemicals to Heranba Industrial Chemicals consequent to conversion of the company from Private Limited to Public Limited.
  • 1996-97: Change of name of the company from Heranba Industrial Chemicals to Heranba Industries.
  • 1996-97: Commencement of production of Cypermethrin Technical.
  • 2003-04: Commencement of production of Alphacypermethrin Technical.
  • 2005-06: Setting up of Unit II and commencement of manufacturing Formulations.
  • 2006-07: Setting up and commencement of production at old Unit III.
  • 2006-07: Commencement of production of Permethrin Technical.
  • 2013-14: Receipt of ISO 9001:2015 certification in respect of production & dispatch of agro Formulations and packing & dispatch of agro based herbicides.
  • 2014-15: Achieved Turnover of Rs 500 crore.
  • 2017-18: Setting up and commencement of manufacturing at old Unit IV.
  • 2019-20: Setting up and commencement of manufacturing at Sarigam Unit.
  • 2019-20: Setting up a subsidiary of the company, Chang Zhou Heranba Crop Science and Technology CO., LTD in China.
  • 2020-21 Consolidation of manufacturing operations of old Unit III with Unit I and of old Unit IV with Sarigam Unit.

Awards and Recognitions:

  • 1999-2000 Received Rashtriya Udyog Ratan Award from India International Council for Industries & Trade, New Delhi.
  • 2005-2006 Received an Award from Chemexcil for the outstanding export performance in basic inorganic & organic chemicals.
  • 2017-2018 Received an Award for overseas market expansion from China International Agrochemical and Crop Protection Exhibition Organising Committee.
Brands Of Heranba Industries

Brands Of Heranba Industries

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