HERANBA2024-01-012024-03-31 HERANBA2024-01-012024-03-31 HERANBA2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member HERANBA2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member HERANBA2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543266 HERANBA NOTLISTED Heranba Industries Limited Equity 2023-04-01 2024-03-31 2024-05-27 2024-05-16 INR Crores Yearly 16:00:00 17:10:00 2024-05-27 2024-05-27 true Cash Flow Indirect Declaration of unmodified opinion Single segment Single segment 2024-01-01 2024-03-31 Unaudited Consolidated 2579100000.00 45100000.00 2624200000.00 1339200000.00 163300000.00 109500000.00 227600000.00 52400000.00 79500000.00 615900000.00 2587400000.00 36800000.00 0.00 36800000.00 84600000.00 -40500000.00 44100000.00 0.00 -7300000.00 0.00 0.00 0.00 0.00 -7300000.00 -1400000.00 -8700000.00 -3400000.00 -3900000.00 -4800000.00 -3900000.00 400100000.00 10 -0.09 -0.09 0.00 0.00 -0.09 -0.09 Notes: 1 The above financial results as reviewed by the Audit Committee, were approved and taken on record by the Board of Directors in their meeting held on May 27, 2024. 2. The Consolidated financial results of Heranba Industries Limited (the Company) have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standards) Rules, 2015 (as amended) and in terms of regulation 33 of the SEBI (Listing Obligations and Disclosure requirements ), 2015 as amended. 3 During the quarter ended December 31,2023 Mikusu India Private Limited (wholly owned subsidiary company - Acquirer Company) has entered into Share Purchase Agreement dated November 8, 2023, with the promoters and other shareholders to acquire 29,08,719 Equity Shares (FV of Rs. 10 Each) consisting of 48.48% of the total equity share capital of Daikaffil Chemicals India Limited {Target Company) at price of Rs. 24.00 per share aggregating to Rs. 6.98 Crores. These shares were purchased and transferred to the Company in tranches with the last tranche being transferred on February 05,2024. The Mikusu India Private Limited (Wholly Owned Subsidiary Company) has a defacto control on Daikaffil Chemicals India Limited being the single largest shareholder who has controlling votes at the AGM of the Company. Hence Daikaffil Chemicals India Limited is considered as the Subsidiary Company of Mikusu India Private and in turn a Step Down Subsidiary of Heranba Industries Limited. 4. Since the Company has prepared consolidated financial statements for the first time in the previous year, the Cash flow statement for the previous year under the indirect method could not be prepared in the absence of the opening Balance Sheet. Consequently comparative figures for the previous year are not presented. 5. The Board of Directors of the Holding Company at their meeting held on May 27, 2024 had recommended dividend of Rs. 1.25 per share (12.5% of FV- Rs.10) on the outstanding equity shares of nominal value of Rs. 10/- each as on record date, subject to shareholder approval at the ensuing Annual General Meeting. 6. The figures for the quarter ended March 31,2024 are the balancing figures between the audited figures in respect of the full financial year and unaudited year to date figures upto the third quarter ended December 31,2023, which were subjected to limited review. In Accordance with Ind AS 108 Operating Segments , the Group is engaged in manufacture and sale of Agro Chemical business. The geographical information of the Group's revenue in India and Outside India are tabulated below Quarter Ended Year ended Particulars 31.03.2024 31.12.2023 31.03.2023 31.03.2024 31.03.2023 Reviewed Reviewed Reviewed Audited Audited India Segment Revenue 161.16 189.85 114.91 833.11 776.68 % of Total Segment revenue 62.49% 63.35% 44.17% 66.27% 58.89% Outside India Segment Revenue 96.75 109.81 145.27 423.96 542.14 % of Total Segment revenue 37.51% 36.65% 55.83% 33.73% 41.11% Total Segment Revenue 257.91 299.66 260.18 1,257.07 1,318.82 % of Total Segment revenue 100.00% 100.00% 100.00% 100.00% 8. Figures for the previous period have been regrouped / re-classified to confirm to the figures of the current period. Single segment 2023-04-01 2024-03-31 Audited Consolidated 12570700000.00 138300000.00 12709000000.00 8267500000.00 166300000.00 233600000.00 854400000.00 123500000.00 261100000.00 2280200000.00 12186600000.00 522400000.00 0.00 522400000.00 284600000.00 -107200000.00 177400000.00 0.00 345000000.00 0.00 0.00 0.00 0.00 345000000.00 0.00 345000000.00 348900000.00 3900000.00 348900000.00 -3900000.00 400100000.00 10 8030500000.00 8.72 8.72 0.00 0.00 8.72 8.72 Other Expenses 615900000.00 Other Expenses 2280200000.00 4451200000.00 1372100000.00 0.00 0.00 15700000.00 0.00 115400000.00 131100000.00 186800000.00 250300000.00 6391500000.00 2747200000.00 0.00 4668800000.00 285000000.00 110500000.00 0.00 27100000.00 5091400000.00 566200000.00 8404800000.00 14796300000.00 400100000.00 8030500000.00 8430600000.00 8430600000.00 179100000.00 36200000.00 215300000.00 110400000.00 29800000.00 355500000.00 1430400000.00 2895700000.00 1179200000.00 5505300000.00 281900000.00 17000000.00 206000000.00 6010200000.00 6365700000.00 14796300000.00 Notes: 1 The above financial results as reviewed by the Audit Committee, were approved and taken on record by the Board of Directors in their meeting held on May 27, 2024. 2. The Consolidated financial results of Heranba Industries Limited (the Company) have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standards) Rules, 2015 (as amended) and in terms of regulation 33 of the SEBI (Listing Obligations and Disclosure requirements ), 2015 as amended. 3 During the quarter ended December 31,2023 Mikusu India Private Limited (wholly owned subsidiary company - Acquirer Company) has entered into Share Purchase Agreement dated November 8, 2023, with the promoters and other shareholders to acquire 29,08,719 Equity Shares (FV of Rs. 10 Each) consisting of 48.48% of the total equity share capital of Daikaffil Chemicals India Limited {Target Company) at price of Rs. 24.00 per share aggregating to Rs. 6.98 Crores. These shares were purchased and transferred to the Company in tranches with the last tranche being transferred on February 05,2024. The Mikusu India Private Limited (Wholly Owned Subsidiary Company) has a defacto control on Daikaffil Chemicals India Limited being the single largest shareholder who has controlling votes at the AGM of the Company. Hence Daikaffil Chemicals India Limited is considered as the Subsidiary Company of Mikusu India Private and in turn a Step Down Subsidiary of Heranba Industries Limited. 4. Since the Company has prepared consolidated financial statements for the first time in the previous year, the Cash flow statement for the previous year under the indirect method could not be prepared in the absence of the opening Balance Sheet. Consequently comparative figures for the previous year are not presented. 5. The Board of Directors of the Holding Company at their meeting held on May 27, 2024 had recommended dividend of Rs. 1.25 per share (12.5% of FV- Rs.10) on the outstanding equity shares of nominal value of Rs. 10/- each as on record date, subject to shareholder approval at the ensuing Annual General Meeting. 6. The figures for the quarter ended March 31,2024 are the balancing figures between the audited figures in respect of the full financial year and unaudited year to date figures upto the third quarter ended December 31,2023, which were subjected to limited review. In Accordance with Ind AS 108 Operating Segments , the Group is engaged in manufacture and sale of Agro Chemical business. The geographical information of the Group's revenue in India and Outside India are tabulated below Quarter Ended Year ended Particulars 31.03.2024 31.12.2023 31.03.2023 31.03.2024 31.03.2023 Reviewed Reviewed Reviewed Audited Audited India Segment Revenue 161.16 189.85 114.91 833.11 776.68 % of Total Segment revenue 62.49% 63.35% 44.17% 66.27% 58.89% Outside India Segment Revenue 96.75 109.81 145.27 423.96 542.14 % of Total Segment revenue 37.51% 36.65% 55.83% 33.73% 41.11% Total Segment Revenue 257.91 299.66 260.18 1,257.07 1,318.82 % of Total Segment revenue 100.00% 100.00% 100.00% 100.00% 8. Figures for the previous period have been regrouped / re-classified to confirm to the figures of the current period. In Accordance with Ind AS 108 Operating Segments , the Group is engaged in manufacture and sale of Agro Chemical business. The geographical information of the Group's revenue in India and Outside India are tabulated below Quarter Ended Year ended Particulars 31.03.2024 31.12.2023 31.03.2023 31.03.2024 31.03.2023 Reviewed Reviewed Reviewed Audited Audited India Segment Revenue 161.16 189.85 114.91 833.11 776.68 % of Total Segment revenue 62.49% 63.35% 44.17% 66.27% 58.89% Outside India Segment Revenue 96.75 109.81 145.27 423.96 542.14 % of Total Segment revenue 37.51% 36.65% 55.83% 33.73% 41.11% Total Segment Revenue 257.91 299.66 260.18 1,257.07 1,318.82 % of Total Segment revenue 100.00% 100.00% 100.00% 100.00% 100.00% 0.00 300400000.00 -886500000.00 0.00 -242400000.00 0.00 0.00 -59300000.00 0.00 1060100000.00 0.00 101000000.00 0.00 261100000.00 0.00 82500000.00 0.00 102900000.00 0.00 -35600000.00 0.00 32000000.00 0.00 1500000.00 0.00 0.00 63600000.00 0.00 0.00 717300000.00 1239700000.00 0.00 0.00 0.00 167700000.00 0.00 1072000000.00 0.00 69800000.00 0.00 0.00 0.00 0.00 0.00 0.00 10600000.00 2535200000.00 0.00 7600000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 32000000.00 0.00 160900000.00 0.00 -2409100000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 776100000.00 0.00 9600000.00 0.00 50000000.00 96300000.00 0.00 1300000.00 621500000.00 -715600000.00 0.00 -715600000.00 1000600000.00 285000000.00 -1400000.00 0.00 0.00 0.00