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Himadri Speciality Chemical Ltd

HSCL

Himadri Speciality Chemical Ltd

HSCL
MaterialsCommodity Chemicals
SmallcapWith a market cap of ₹26,224 cr, stock is ranked 272
Moderate RiskStock is 2.80x as volatile as Nifty
531.200.38% (+2.00)
531.200.38% (+2.00)

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MaterialsCommodity Chemicals
SmallcapWith a market cap of ₹26,224 cr, stock is ranked 272
Moderate RiskStock is 2.80x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

MaterialsCommodity Chemicals
SmallcapWith a market cap of ₹26,224 cr, stock is ranked 272
Moderate RiskStock is 2.80x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
50.908.620.09%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
28.213.211.45%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Himadri Speciality Cheimical Limited, formerly Himadri Chemicals & Industries Limited, is engaged in the business of manufacturing various grades of coal tar pitch and other byproducts derived during the distillation process.

Investor Presentation

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Jan 13, 2025

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 11.71%, vs industry avg of 9.43%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 3.36% to 3.6%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 4.84%, vs industry avg of 4.64%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,192.331,348.852,033.762,430.161,813.791,693.512,798.544,199.814,227.414,705.50
Raw Materialssubtract789.48874.591,373.701,617.591,273.431,082.092,384.543,284.543,066.983,854.53
Power & Fuel Costsubtract7.8211.3512.0111.9911.7612.6016.8615.9612.87
Employee Costsubtract31.9637.3148.3959.5674.3376.1180.7791.51110.48
Selling & Administrative Expensessubtract101.48102.9998.41117.57124.11146.20188.86263.60252.81
Operating & Other expensessubtract106.9083.5836.6055.8241.85231.54-11.12147.0496.69
Depreciation/Amortizationsubtract67.0532.7833.2334.4339.2446.9749.5550.8549.8653.86
Interest & Other Itemssubtract111.1181.5870.4571.0554.9133.4335.6266.0763.8749.56
Taxes & Other Itemssubtract-4.8941.88113.51137.84-11.3417.0812.5264.27163.09232.35
EPS-0.461.985.917.754.911.130.985.078.8810.46
DPS0.050.100.100.150.150.150.200.250.500.50
Payout ratio—0.050.020.020.030.130.200.050.060.05

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

Feb 28PDF
Aug 18PDF
FY 2023

Annual report

PDF

Investor Presentation

Apr 28PDF
Feb 10PDF
Oct 31PDF
+2 more
FY 2024

Annual report

PDF

Investor Presentation

Jul 18PDF
FY 2025

Annual Report Pending

Investor Presentation

Jan 13PDF
Oct 16PDF
 

Peers & Comparison

Comparing 3 stocks from 
MaterialsCommodity Chemicals

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Himadri Speciality Chemical Ltd63.848.620.09%
Solar Industries India Ltd100.6824.560.09%
Linde India Ltd112.6314.100.21%
Deepak Nitrite Ltd38.956.550.32%

Price Comparison

Compare HSCL with any stock or ETF
Compare HSCL with any stock or ETF
HSCL
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Shareholdings

Promoter Holdings Trend

Increased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has increased by 1.36%

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding51.56%2.74%1.50%5.15%39.04%

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Shareholding History

JanFebMarJunSepDec '244.97%4.83%5.13%5.16%5.24%5.15%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Himadri Speciality Chemical Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Quant Flexi Cap Fund - Growth - Direct Plan

Growth
0.7269%2.64%-0.07%16/45 (-3)
Quant Small Cap Fund - Growth - Direct Plan

Growth
0.6678%0.65%-0.09%43/97 (-9)
Quant ELSS Tax Saver Fund - Growth - Direct Plan

Growth
0.5288%1.31%-0.04%21/43 (-3)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividend Cuts

Dividends are the portion of earnings that a company distributes to all its shareholders every year

HSCL has increased or maintained dividend levels over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.09%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹0.94 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJun 7, 2024

Final
Final | Div/Share: ₹0.50

Dividend/Share

₹0.50

Ex DateEx Date

Jun 7, 2024

Cash Dividend

Ex DateEx DateJun 9, 2023

Final
Final | Div/Share: ₹0.25

Dividend/Share

₹0.25

Ex DateEx Date

Jun 9, 2023

Cash Dividend

Ex DateEx DateSep 20, 2022

Final
Final | Div/Share: ₹0.20

Dividend/Share

₹0.20

Ex DateEx Date

Sep 20, 2022

Cash Dividend

Ex DateEx DateSep 21, 2021

Final
Final | Div/Share: ₹0.15

Dividend/Share

₹0.15

Ex DateEx Date

Sep 21, 2021

Cash Dividend

Ex DateEx DateSep 18, 2020

Final
Final | Div/Share: ₹0.15

Dividend/Share

₹0.15

Ex DateEx Date

Sep 18, 2020

News & Opinions
Spotlight
Himadri Speciality Q3 PAT jumps 30% YoY to Rs 141 crore

Profit before tax in Q3 FY25 stood at Rs 205.84 crore, up by 37.1% from Rs 150.15 crore in Q3 FY24. Total expenses grew 3.75% YoY to Rs 946.78 crore in the December 2024 quarter. Cost of materials consumed stood at Rs 780.57 crore (up 0.9%) while employee benefits expenses were at Rs 37.43 crore (up 39.2% YoY) during the period under review. On the segmental front, revenue from the carbon materials and chemicals business stood at Rs 1,134.50 crore (up 8.38% YoY), and power business was at Rs 28.05 crore (down 0.28% YoY) during the period under review. On the Capex front, the company has allocated Rs. 120 crore to set up a facility for producing high-value-added specialty products. EBITDA stood at Rs 222 crore in Q3 FY24, registering the growth of 31.36% as compared with Rs 169 crore in Q3 FY23. The company stated that it recorded a sales volume of 137,447 MT in the third quarter, up by 10.82% YoY increase. Anurag Choudhary, CMD & CEO of Himadri Speciality Chemical, said, 'Himadri has reported robust performance across its portfolio of products. Our export portfolio is strengthening, particularly bolstered by the commencement of our high-temperature Liquid Coal Tar Pitch export terminal at Haldia Port in October 2024. Aligned with our vision to expand into high-value products, we have planned a new capex for production of speciality products at an investment of Rs. 120 Crs, funded through internal accruals. This facility will enable us to extract high-value specialty products, including Anthraquinone, Carbazole, Fluorene from existing coal tar distillates at our existing facility and is expected to commence operations within the next 18 months. These products have application in dyes, pigments, pharma and various other industries. The EV sector in India is poised to attract $40 billion in investments, with 70% of this allocated to Lithium-ion Battery (LiB) manufacturing. Additionally, in late 2024, the Government of India approved a $ 1.3 billion incentive scheme for EVs, with one-third of the funds dedicated to the PM E-Drive scheme. For LiBs, in the cathode active material space, LFP continue to be the leading technology, with graphite anodes dominating the anode technology. Silicon-carbon based Anodes are well poised to bring about significant improvement in charging times, increase in Energy Density and significant increase in range coverage for EVs, thus helping to popularize EVs from an end-user's perspective. The revamp of Birla Tyres is progressing at full speed, and we are set to commence commercial operations soon. Over the next two to three years, we will be ramping up production across various tyre segments. We are scaling up capacity at our Singur facility to enhance carbon black production from 180,000 MTPA to 250,000 MTPA by Q3 FY26. Our specialty carbon black capacity will rise from 60,000 MTPA to 130,000 MTPA, positioning us as the fourth-largest global producer in this high-value segment.' Himadri Speciality Chemical is primarily engaged in the manufacturing of carbon materials and chemicals. The company has operations in India and caters to both domestic and international markets. Shares of Himadri Speciality Chemical rose 0.20% to Rs 546.15 on the BSE.Powered by Capital Market - Live

1 week agoCapital Market - Live
Earnings
Himadri Speciality Chemical consolidated net profit rises 30.55% in the December 2024 quarter

Net profit of Himadri Speciality Chemical rose 30.55% to Rs 142.06 crore in the quarter ended December 2024 as against Rs 108.82 crore during the previous quarter ended December 2023. Sales rose 8.38% to Rs 1140.66 crore in the quarter ended December 2024 as against Rs 1052.51 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1140.661052.51 8 OPM %19.3616.52 - PBDT221.06162.87 36 PBT205.84150.15 37 NP142.06108.82 31 Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Himadri Speciality Chemical to discuss results

Himadri Speciality Chemical will hold a meeting of the Board of Directors of the Company on 13 January 2025.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Earnings
Himadri Speciality Chemical consolidated net profit rises 34.50% in the September 2024 quarter

Net profit of Himadri Speciality Chemical rose 34.50% to Rs 135.36 crore in the quarter ended September 2024 as against Rs 100.64 crore during the previous quarter ended September 2023. Sales rose 13.18% to Rs 1136.92 crore in the quarter ended September 2024 as against Rs 1004.52 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1136.921004.52 13 OPM %18.3115.70 - PBDT210.40151.53 39 PBT197.30139.10 42 NP135.36100.64 34 Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
Himadri Speciality rises after Q2 PAT jumps 35% YoY to Rs 135 crore

Total expenses during the period under review went up by 9% YoY to Rs 953.19 crore. This was primarily due to higher raw material costs (up 11% YoY), higher employee expenses (up 23% YoY) and higher other expenses (up 11% YoY). Profit before tax in Q2 FY25 stood at Rs 197.30 crore, up by 42% from Rs 139.10 crore in Q2 FY24. For H1 FY25, Himadri Speciality has recorded revenues and PAT of Rs 2,337.33 crore (up 20% YoY) and Rs 258.48 crore (up 38% YoY), respectively. Himadri Speciality Chemical is engaged in the production of carbon chemical products. HSCL is the leading producer of CTP and the third-largest producer of CB in India. Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Himadri Speciality Chemical to hold board meeting

Himadri Speciality Chemical will hold a meeting of the Board of Directors of the Company on 16 October 2024Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Himadri Speciality Chemical announces cessation of director

Himadri Speciality Chemical announced that Santimoy Dey (DIN: 06875452) shall cease to be an Independent Director of the Company upon completion of his second and final term as an Independent Director and consequently ceased to be a Director of the Company w.e.f. the close of business hours on 23 September 2024. Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Himadri Speciality Chemical allots 1.07 lakh equity shares under ESOP

Himadri Speciality Chemical has allotted 1,07,090 equity shares under ESOP on 29 August 2024. Consequently, the issued and paid-up capital of the Company stands increased to Rs. 49,36,22,224 consisting of 49,36,22,224 equity shares of Re. 1 each.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Himadri Clean Energy acquires 100% stake in Himadri Green Technologies Innovation

Himadri Speciality Chemical announced that its wholly owned subsidiary, Himadri Clean Energy has completed the acquisition of 100% stake in Himadri Green Technologies Innovation on 01 August 2024. With this, Himadri Green Technologies Innovation has become a step-down subsidiary of the company.    Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Himadri Speciality Chemical allots CPs aggregating Rs 50 cr

Himadri Speciality Chemical has allotted 1,000 units of commercial paper of Rs. 5,00,000/- each, aggregating to Rs.50 crore on 22 July 2024. Powered by Capital Market - Live

6 months agoCapital Market - Live