Himadri Speciality Chemical Ltd.

BSE: HSCL500184ISIN INE019C01026

Commodities
Carbon Black
BSE 500

BSE listing

Share price

₹674.25+20.65 (+3.16%)

as of 18 Sep 2026

52W high: ₹819.50
52W low: ₹420.00
Off 52W high: -17.72%
1M return: -10.13%
3M return: +0.50%
6M return: +49.09%
1Y return: +43.70%
20D avg volume: 2,84,068
50 DMA: ₹715.50
200 DMA: ₹571.74

Key ratios Consolidated

Market cap: ₹34,021 Cr
Current price: ₹674.25
52W high / low: ₹819.50 / ₹420.00
Face value: ₹1.00
P/E: 47.42
P/B: —
EPS (TTM): ₹15.94
Book value / share: —
ROE: —
ROCE: 21.00%
Operating margin: —
Net margin: —
Debt / equity: 0.16
Net debt: ₹601.80 Cr
Interest cover: 16.55
Dividend yield: 0.12%
Dividend / share (TTM): ₹0.80
Payout: 5.02%
Cash conversion cycle: 84.9 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	1,432	1,288	1,184	1,071	1,118	1,135	1,141	1,137	1,200	1,177	1,053	1,005
	56.31	62.09	46.59	35.93	26.68	13.52	11.96	13.57	12.64	12.39	10.19	9.82
	1,188	1,082	974.96	870.42	903.75	923.81	946.78	953.19	1,034	1,024	912.55	875.24
	1,003	621.48	611.92	710.76	725.68	712.47	780.57	830.35	828.72	833.66	787.68	750.23
	114.64	94.77	68.99	28.18	5.72	0.00	—	—	—	—	—	—
	58.27	48.30	53.06	51.38	41.12	35.68	37.43	34.82	31.46	29.59	26.89	28.22
	22.41	17.39	16.37	14.78	15.83	8.76	11.76	11.30	12.95	13.55	21.22	15.95
	21.30	18.55	17.58	17.39	14.64	13.72	15.22	13.10	12.93	12.61	12.72	12.43
	173.59	210.33	146.86	124.92	122.71	121.09	119.43	104.21	127.26	117.49	97.27	94.05
	300.51	267.89	255.25	236.54	241.22	224.35	205.84	197.30	178.68	165.73	150.15	139.10
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	300.51	267.89	255.25	236.54	241.22	224.35	205.84	197.30	178.68	165.73	150.15	139.10
	72.08	60.36	63.21	60.40	61.86	68.89	64.69	61.60	55.90	50.55	41.37	38.48
	228.43	207.53	192.04	176.14	179.36	155.46	141.15	135.70	122.78	115.18	108.78	100.62
	4.55	3.98	3.84	3.58	3.68	3.15	2.88	2.74	2.49	2.41	2.47	2.29
Key metrics
	344.22	303.83	289.20	268.71	271.69	246.83	232.82	221.70	204.56	191.89	184.09	167.48
	24.00%	23.60%	24.40%	25.10%	24.30%	21.80%	20.40%	19.50%	17.00%	16.30%	17.50%	16.70%
	16.00%	16.10%	16.20%	16.40%	16.00%	13.70%	12.40%	11.90%	10.20%	9.80%	10.30%	10.00%
	—	5.60%	—	5.70%	—	5.80%	—	—	—	—	—	—
	28.00%	13.50%	3.80%	-5.80%	-6.80%	-3.60%	8.40%	13.20%	—	—	—	—
	27.40%	33.50%	36.10%	29.80%	46.10%	35.00%	29.80%	34.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	4,974	4,661	4,613	4,185	4,172	2,791	1,679	1,806	2,422	2,072
	200.92	171.29	51.69	42.52	27.97	7.22	14.05	7.99	7.76	5.49
	4,115	3,831	3,858	3,654	3,890	2,720	1,629	1,620	1,968	1,716
	2,948	2,670	3,152	3,067	3,285	2,385	1,082	1,273	1,618	1,374
	306.58	197.66	0.00	—	—	—	—	—	—	—
	211.01	193.86	139.39	110.48	91.51	80.77	76.11	74.33	59.56	48.39
	70.95	64.37	44.77	63.87	66.07	35.62	33.43	54.91	71.05	70.45
	74.82	68.16	54.97	49.86	50.85	49.55	46.97	39.24	34.43	33.23
	655.70	604.82	471.99	399.07	426.73	309.62	238.51	227.39	202.56	155.47
	1,060	1,001	806.17	573.86	310.25	78.12	64.57	194.13	462.14	360.96
	0.00	0.00	0.00	0.00	-30.00	-24.65	0.00	0.00	0.00	0.00
	1,060	1,001	806.17	573.86	280.25	53.47	64.57	194.13	462.14	360.96
	256.05	245.83	251.08	163.18	64.39	14.42	17.30	11.22	137.90	113.37
	804.14	755.07	555.09	410.68	215.86	39.05	47.27	205.35	324.24	247.59
	15.95	15.08	11.26	9.16	5.13	0.98	1.13	4.91	7.75	—
Key metrics
	1,206	1,133	905.91	687.59	397.17	138.64	144.97	288.28	567.62	464.64
	24.24%	24.30%	19.60%	16.40%	9.50%	5.00%	8.60%	16.00%	23.40%	22.40%
	16.17%	16.20%	12.00%	9.80%	5.20%	1.40%	2.80%	11.40%	13.40%	12.00%
	—	21.00%	21.00%	—	—	—	—	—	—	—
	—	1.00%	10.20%	0.30%	49.50%	66.20%	-7.00%	-25.50%	16.90%	—
	—	36.00%	35.20%	90.30%	452.80%	-17.40%	-77.00%	-36.70%	31.00%	—
	—	-67.71	276.27	—	—	—	—	—	—	—
	—	0.51	0.81	—	—	—	—	—	—	—
	—	0.16	0.08	—	—	—	—	—	—	—
	—	601.80	153.60	—	—	—	—	—	—	—
	—	84.9	77.5	—	—	—	—	—	—	—
Balance sheet
	—	6,306	4,656	—	—	—	—	—	—	—
	—	2,824	2,151	—	—	—	—	—	—	—
	—	164.76	155.11	—	—	—	—	—	—	—
	—	696.42	632.82	—	—	—	—	—	—	—
	—	762.96	585.20	—	—	—	—	—	—	—
	—	462.49	230.96	—	—	—	—	—	—	—
	—	1,812	1,502	—	—	—	—	—	—	—
	—	375.42	239.30	—	—	—	—	—	—	—
	—	1,236	604.84	—	—	—	—	—	—	—
	—	766.56	308.71	—	—	—	—	—	—	—
	—	762.11	305.98	—	—	—	—	—	—	—
	—	4.45	2.73	—	—	—	—	—	—	—
	—	4,762	3,771	—	—	—	—	—	—	—
Cash flow
	—	382.00	446.87	—	—	—	—	—	—	—
	—	-963.81	-235.21	—	—	—	—	—	—	—
	—	591.46	-271.42	—	—	—	—	—	—	—
	—	449.71	170.60	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	1,274	1,101	1,133	1,070	1,100	1,129	1,132	1,135	1,200	1,177	1,053	1,005
	58.45	61.91	48.50	38.29	27.60	13.37	11.67	13.31	12.55	12.40	10.20	9.83
	1,039	919.93	924.64	861.56	883.92	915.50	937.69	952.70	1,033	1,025	913.45	875.13
	1,002	621.60	613.33	714.18	724.82	712.48	780.79	833.45	830.27	835.97	789.57	751.35
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	42.09	35.60	41.49	40.14	33.73	30.30	31.39	32.94	29.74	29.49	26.80	28.02
	21.22	15.99	14.87	13.17	14.37	8.71	11.71	11.25	12.90	13.52	21.17	15.92
	19.25	16.64	15.69	15.59	12.90	12.26	12.50	12.49	12.37	12.08	12.19	11.91
	151.91	176.63	139.77	117.06	118.87	119.68	118.84	103.16	126.75	117.36	96.95	93.57
	294.07	243.29	256.83	247.14	244.10	226.88	205.79	195.82	179.24	164.22	149.26	139.22
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	294.07	243.29	256.83	247.14	244.10	226.88	205.79	195.82	179.24	164.22	149.26	139.22
	70.65	57.59	62.25	60.29	61.53	68.65	63.85	61.38	55.79	49.61	41.37	38.38
	223.42	185.70	194.58	186.85	182.57	158.23	141.94	134.44	123.45	114.61	107.89	100.84
	4.43	3.68	3.89	3.78	3.70	3.21	2.87	2.73	2.50	2.40	2.45	2.30
Key metrics
	334.54	275.92	287.39	275.90	271.37	247.85	230.00	219.56	204.51	189.82	182.62	167.05
	26.30%	25.10%	25.40%	25.80%	24.70%	22.00%	20.30%	19.30%	17.00%	16.10%	17.40%	16.60%
	17.50%	16.90%	17.20%	17.50%	16.60%	14.00%	12.50%	11.80%	10.30%	9.70%	10.30%	10.00%
	—	5.30%	—	6.10%	—	6.00%	—	—	—	—	—	—
	15.80%	-2.50%	0.10%	-5.70%	-8.30%	-4.10%	7.50%	13.00%	—	—	—	—
	22.40%	17.40%	37.10%	39.00%	47.90%	38.10%	31.60%	33.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	4,579	4,405	4,596	4,185	4,172	2,791	1,679	1,804	2,377	2,022
	207.15	176.30	50.90	42.55	27.97	7.22	13.83	4.97	10.69	7.49
	3,745	3,590	3,839	3,654	3,898	2,719	1,629	1,611	1,942	1,673
	2,952	2,674	3,157	3,072	3,297	2,392	1,156	1,208	1,604	1,332
	0.00	0.00	0.00	—	—	—	—	—	—	—
	159.32	150.96	124.37	109.96	90.95	80.16	75.51	73.25	58.12	46.63
	65.25	58.40	44.57	63.72	65.87	35.04	33.21	54.52	70.57	70.43
	67.17	60.82	49.62	47.75	48.66	46.63	44.22	36.68	32.53	31.41
	585.37	552.33	468.43	397.72	425.38	307.21	236.29	223.87	193.26	149.77
	1,041	991.36	807.73	573.14	301.81	79.47	63.98	197.75	445.02	355.93
	0.00	0.00	0.00	—	-30.00	—	—	-127.99	—	—
	1,041	991.36	807.73	573.14	271.81	79.47	63.98	69.76	445.02	355.93
	250.78	241.66	249.67	162.14	64.00	14.41	17.30	11.22	137.72	113.35
	790.55	749.70	558.06	411.00	207.81	65.06	46.68	80.98	307.30	242.58
	15.78	15.05	11.31	9.17	4.94	1.55	1.11	1.93	7.34	—
Key metrics
	1,174	1,111	901.92	684.61	386.34	161.14	141.41	160.96	548.12	457.77
	25.63%	25.20%	19.60%	16.40%	9.30%	5.80%	8.40%	8.90%	23.10%	22.60%
	17.26%	17.00%	12.10%	9.80%	5.00%	2.30%	2.80%	4.50%	12.90%	12.00%
	—	21.30%	21.70%	—	—	—	—	—	—	—
	—	-4.10%	9.80%	0.30%	49.50%	66.20%	-6.90%	-24.10%	17.60%	—
	—	34.30%	35.80%	97.80%	219.40%	39.40%	-42.40%	-73.60%	26.70%	—
	—	47.64	293.38	—	—	—	—	—	—	—
	—	0.62	0.82	—	—	—	—	—	—	—
	—	0.16	0.08	—	—	—	—	—	—	—
	—	577.78	154.77	—	—	—	—	—	—	—
	—	90.0	77.8	—	—	—	—	—	—	—
Balance sheet
	—	6,087	4,522	—	—	—	—	—	—	—
	—	2,599	2,121	—	—	—	—	—	—	—
	—	143.97	153.03	—	—	—	—	—	—	—
	—	751.76	627.70	—	—	—	—	—	—	—
	—	695.21	585.92	—	—	—	—	—	—	—
	—	302.05	212.62	—	—	—	—	—	—	—
	—	1,727	1,448	—	—	—	—	—	—	—
	—	360.82	234.78	—	—	—	—	—	—	—
	—	1,162	596.42	—	—	—	—	—	—	—
	—	721.75	307.80	—	—	—	—	—	—	—
	—	719.24	305.60	—	—	—	—	—	—	—
	—	2.51	2.20	—	—	—	—	—	—	—
	—	4,623	3,648	—	—	—	—	—	—	—
Cash flow
	—	465.81	455.03	—	—	—	—	—	—	—
	—	-1,051	-241.54	—	—	—	—	—	—	—
	—	576.22	-269.85	—	—	—	—	—	—	—
	—	418.17	161.65	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +1.83%
Sales CAGR 5Y: +21.27%
Sales CAGR 10Y: —
Profit CAGR 3Y: +53.37%
Profit CAGR 5Y: +74.24%
Profit CAGR 10Y: —
Sales YoY (TTM): +1.83%
Profit YoY (TTM): +28.09%

Consolidated

Sales CAGR 3Y: +3.76%
Sales CAGR 5Y: +22.65%
Sales CAGR 10Y: —
Profit CAGR 3Y: +51.80%
Profit CAGR 5Y: +74.05%
Profit CAGR 10Y: —
Sales YoY (TTM): +9.80%
Profit YoY (TTM): +31.47%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 52.50%

Holder	Type	Holding	Previous	Change
MODERN HI-RISE PRIVATE LIMITED	Promoter Group	36.75%	—	—
ANURAG CHOUDHARY	Promoter	8.59%	—	—
AMIT CHOUDHARY	Promoter	3.52%	—	—
NARANTAK DEALCOMM LIMITED	Public	2.56%	—	—
PENGUIN TRADING & AGENCIES LTD	Public	1.68%	—	—
SHYAM SUNDAR CHOUDHARY	Promoter	1.64%	—	—
STOCK BROKER	Public	1.25%	—	—
LIFE INSURANCE CORPORATION OF INDIA	Public	1.10%	—	—
SHIKHA CHOUDHARY	Promoter Group	0.73%	—	—
SHEELA DEVI CHOUDHARY	Promoter Group	0.59%	—	—
HIMADRI CREDIT AND FINANCE LTD	Promoter Group	0.29%	—	—
CLIENT MARGING TRADING /CLIEN COLLAATERAL ACCOUNT	Public	0.28%	—	—
ANOOSHKA C BATHWAL	Promoter Group	0.22%	—	—
RINKU CHOUDHARY	Promoter Group	0.17%	—	—
SHUBHANGM CHOUDHARY	Promoter Group	0.00%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

This is to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on 21 September 2026 inter-alia to consider and approve the proposed Scheme of Arrangement ....18 Sep 2026 · Company Update / General
This is to inform you that the Board of Directors of Himadri Speciality Chemical Ltd at its meeting held today i.e., on 18 September 2026, inter-alia has considered and approved the alteration ....18 Sep 2026 · Others / Outcome without intimation
This is to inform you that the Board of Directors at its meeting held on 18.09.2026 inter-alia has considered and approved alteration of existing Memorandum of Association, subject to approval ....18 Sep 2026 · Company Update / Amendments to Memorandum & Articles of Association
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), we would like to inform you that the officials of ....16 Sep 2026 · Company Update / Analyst / Investor Meet
Newspaper publication regarding Loss of Share Certificates15 Sep 2026 · Company Update / Newspaper Publication
Incorporation of foreign Wholly Owned Subsidiary in Dubai, UAE31 Aug 2026 · Company Update / Acquisition
Update on investment in Sicona Battery Technologies Pty Ltd25 Aug 2026 · Company Update / Acquisition
Allotment of Equity Shares pursuant to Himadri Employee Stock Option Plan 201610 Aug 2026 · Company Update / Allotment of ESOP / ESPS
Transcript of Earnings Conference Call21 Jul 2026 · Company Update / Earnings Call Transcript
Audio recording of Earnings Conference Call for Financial Performance for the 1st Quarter ended 30 June 2026 held on Thursday, 16 July 202616 Jul 2026 · Company Update / Analyst / Investor Meet
Newspaper Publication of Unaudited Financial Results of the Company for the quarter ended 30 June 202616 Jul 2026 · Company Update / Newspaper Publication
Press Release15 Jul 2026 · Company Update / Press Release / Media Release
Investor Presentation15 Jul 2026 · Company Update / Investor Presentation
Monitoring Agency Report for the quarter ended 30 June 202615 Jul 2026 · Company Update / Monitoring Agency Report
Unaudited Financial Results for the quarter ended 30 June 2026.15 Jul 2026 · Result / Financial Results
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), we would like to inform you ....15 Jul 2026 · Board Meeting / Outcome of Board Meeting
Notice published in Newspaper(s) for Transfer of Equity Shares of the Company to IEPF14 Jul 2026 · Company Update / Newspaper Publication
Intimation of Earnings Conference Call for Financial Performance for the 1st Quarter ended 30 June 202613 Jul 2026 · Company Update / Analyst / Investor Meet
Certificate under Reg 74(5) of SEBI(DP) Regulations, 201811 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Rating by ICRA10 Jul 2026 · Company Update / Credit Rating
Intimation regarding issuance and allotment of Commercial paper amounting to Rs 200 Crore9 Jul 2026 · Company Update / General
Himadri Speciality Chemical Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/07/2026 ,inter alia, to consider and approve the Un-Audited ....8 Jul 2026 · Board Meeting / Board Meeting
Allotment of Equity Shares pursuant to Himadri Employee Stock Option Plan.6 Jul 2026 · Company Update / Allotment of Equity Shares
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mahabir Prasad Agarwal & Others2 Jul 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Closure of Trading Window24 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Opening of Office in Mumbai20 Jun 2026 · Company Update / General
Press Release titled " Himadri Speciality Chemical Increases Stake in International Battery Company to 20.47%, Reinforcing Commitment to Advanced Battery Technologies"19 Jun 2026 · Company Update / Press Release / Media Release
Update on Investment in International Battery Company,Inc.18 Jun 2026 · Company Update / Acquisition
Re-appointment of Independent Directors at the AGM.11 Jun 2026 · Company Update / General
Scrutinizer''s Report of the 38th Annual General Meeting of the Company held on 11 June 202611 Jun 2026 · AGM/EGM / AGM
Summary Proceedings, Voting Results and Scrutinizer''s Report of the 38th Annual General Meeting of the Company held on 11 June 202611 Jun 2026 · AGM/EGM / AGM
Communication to Shareholders - Intimation on Tax Deduction on Dividend21 May 2026 · Company Update / General
Letter to Shareholders whose email address are not registered providing Website Link of Annual Report21 May 2026 · Company Update / General
Update on investment in Sicona Battery Technologies Pty Ltd19 May 2026 · Company Update / Acquisition
Newspaper publications for Notice of the 38th AGM, E-Voting Information and Record date16 May 2026 · Company Update / Newspaper Publication
Notice of 38th Annual General Meeting (AGM) and Integrated Annual Report for the financial year 2025-2615 May 2026 · Others / Reg. 34 (1) Annual Report
Business Responsibility and Sustainability Report for the financial year 2025-2615 May 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of 38th AGM and Integrated Annual Report for the financial year 2025-2615 May 2026 · AGM/EGM / AGM
Newspaper Publications for Public notice for conducting the 38th AGM to be held through VC/OAVM15 May 2026 · Company Update / Newspaper Publication
This is to inform you that the 38th AGM of the Members of Himadri Speciality Chemical Ltd will be held on Thursday, 11 June 2026 through VC/OAVM.14 May 2026 · AGM/EGM / AGM

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.8000	22 May 2026	22 May 2026	—
Dividend - Rs. - 0.6000	23 May 2025	23 May 2025	—