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Himadri Speciality Chemical Limited

Himadri Speciality Chemical Limited

NSE: HSCL
Specialty ChemicalsBasic MaterialsLARGE CAPMCap ₹33.34k Cr
₹660.70₹-2.15 (-0.32%)

Market Closed • NSE

Market cap₹33.34k Cr
Enterprise value₹33.92k Cr
P/E TTM41.50
Forward P/E31.92
P/B7.08
EPS TTM₹15.92
Forward EPS₹20.70
ROCE22.10%
D/E0.16
Dividend yield0.00%
Face value₹1.00
52W high₹819.50
52W low₹418.50
Price chart(1Y)
1Y Return:-2.91% (₹19.80)
H: ₹819.5L: ₹630.05
1W-0.11%
1M+1.12%
3M-17.51%
6M+23.22%
1Y+44.80%
Today at a glance

Day range

₹654.00₹665.95

52 week range

₹418.50₹819.50
Volume1.53M1.00x 20D avg
Free float50.00%+0.50% volume

Himadri Speciality Chemical Limited closed at INR660.70 (-0.32%) on volume 1x its 20-day average, trading 19.38% below its 52-week high.

Technical analysis
RSI (14)44.7Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹15.39Moderate
SMA 20₹667.67BEARISH
SMA 50₹684.93BEARISH
SMA 100₹689.69BEARISH
SMA 200₹594.30BULLISH
CPR bottom₹663.02
Pivot₹662.97
CPR top₹662.91
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +9.6% QoQ

2026-05-22

DIVIDEND Announced

Dividend - Re 0.80 Per Share

2025-05-23

DIVIDEND Announced

Dividend - Rs 0.60 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹770.0 Cr₹33.34k Cr2.31%≤ 33%PASS
Non-halal income ratio₹54.1 Cr₹4.66k Cr1.16%≤ 5%PASS
Illiquid assets ratio₹6.14k Cr₹6.31k Cr97.39%≥ 20%PASS
Receivables ratio–₹6.31k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E41.5021.90
Forward P/E31.92—
P/B7.082.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield2.404.60
Growth & profitability
RevenuePAT
FY25PAT margin 12.00%
FY26PAT margin 16.20%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+0.30%
Revenue CAGR 5Y+0.30%
PAT CAGR 3Y+10.60%
PAT CAGR 5Y+6.20%
Operating margin20.38%
Net margin16.07%
Financial health & cash flow
Net debt₹605.2 CrModerate
Interest coverage15.00xEBIT / interest
CFO / PAT0.51x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹382.0 Cr
Capital expenditure–
Free cash flow₹-6772.9 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall75/100
Valuation50/100
Profitability80/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 22.1%

Low Debt Profile: Debt-to-Equity is comfortable at 0.16x

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Specialty Chemicals.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
9.20%Institutional holding
38.32%Public holding
5Periods available
0.00%Promoter pledged
4.08LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
22 May 2026Dividend₹0.80 / share—22 May 2026
23 May 2025Dividend₹0.60 / share—23 May 2025
—Dividend₹0.50 / share—07 Jun 2024
—Dividend₹0.25 / share—09 Jun 2023
—Dividend₹0.20 / share—20 Sept 2022
—Dividend₹0.15 / share—21 Sept 2021
—Dividend₹0.15 / share—18 Sept 2020
—Dividend₹0.15 / share—17 Sept 2019
—Dividend₹0.10 / share—23 Aug 2018
—Dividend₹0.10 / share—13 Sept 2017
—Dividend₹0.00 / share—15 Sept 2016
—Annual General MeetingAnnual General Meeting—14 Sept 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)44.05%+0.37% latest vs average
Highest delivery60.36%on 18 Sept
Average volume (20D)1.52MTrading-session average
Conviction trendStrengthening+0.37% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.21L37.592.21%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.97L12.050.59%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.28L13.372.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L46.941.17%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.19L19.832.27%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.02L12.320.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.98L34.820.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.930.06%₹3,668.00₹666.00+70.29%+88.67%
About Himadri Speciality Chemical Limited
Himadri Speciality Chemical Limited

Himadri Speciality Chemical is primarily engaged in the manufacturing of carbon materials and chemicals.[1] It is the No.1 coal pitch manufacturer in India and is the only company to manufacture advanced carbon material in India. It is also the largest player of Naphthalene and SNF in India.[2]

IndiaBasic Materials

Questions investors ask
Is Himadri Speciality Chemical Limited Shariah compliant?

Himadri Speciality Chemical Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (2.31%) complies with AAOIFI threshold (≤ 33%).

What is Himadri Speciality Chemical Limited's current valuation relative to peers?

Himadri Speciality Chemical Limited trades at a P/E of 41.5x compared to the sector median of 21.9x, and a Price-to-Book of 7.1x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.16x. Interest coverage is 15x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 0.3% while net profit growth averaged 6.2%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.