Himadri Speciality Chemical share price
NSE: HSCLBSE: 500184Chemicals & PetrochemicalsSmall Cap
Himadri Speciality Chemical Limited · Formerly Himadri Chemicals and Industries · Face value ₹1 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jun 1993 on BSE, Mar 2007 on NSE
Last close ₹541.50up ₹19.25 (3.69%)BSE ₹541.60
Share price at the NSE close on 27 Oct 2026. Previous close ₹522.25.
27 Oct: open ₹525.70, high ₹544.60, low ₹521.80
52-week range of traded prices to 27 Oct 2026
₹418.50Low, 24 Nov 2025₹819.50High, 21 Jul 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹27,323 Cr293rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 31.96
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 5.32
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.15%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 18.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 15.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.22
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 28,34,26035.2% delivered
About Himadri Speciality Chemical
Himadri Speciality Chemical Ltd began as a coal tar derivatives company and now describes itself as a global advanced materials and application-driven solutions company. It supplies industries including lithium-ion batteries, tyres, defence and aluminium. Its registered office is in Kolkata.
The company groups its products as commodity, speciality material and new energy material. The range includes coal tar pitch, carbon black, naphthalene balls, anthraquinone, carbazole, carbon nano tube, super speciality carbon black, SNF/PCE and lithium iron phosphate (LFP) cathode active material. It also operates 292 heated tankers that deliver molten pitch directly to customers' plants, and has established an anode material facility at Mahistikry, West Bengal.
It operates eight plants in India and China: Mahistikry in Hooghly, two at Liluah in Howrah, Korba in Chhattisgarh, Visakhapatnam in Andhra Pradesh, Sambalpur in Odisha, the Falta Special Economic Zone in West Bengal, and Longkou in Shandong, China. The company describes all eight as zero discharge plants.
It was incorporated in 1987. In October 2023 it acquired Birla Tyres Limited, together with a resolution applicant named DBRL. Birla Tyres sells through 49 distributors, 40 in India and 9 abroad, and more than 1,000 dealers. It also holds stakes in three battery-related companies: Invati Creations, Sicona Battery Technologies and International Battery Company. Its promoters hold a majority of the shares. A promoter is the person or group that set up a company or controls it.
Written from the annual report for the year to Mar 2026, filed 15 May 2026 and the investor presentation.
Sources for 26 statements, each with its page
- The company was a coal tar derivatives company and now describes itself as a global advanced materials and application-driven solutions company. Investor presentation, page 4
- The company describes itself as a global advanced materials and application-driven solutions company. Investor presentation, page 4
- It supplies lithium-ion batteries, tyre, defence and aluminium industries. Investor presentation, page 20
- Its registered office is in Kolkata. Annual report, page 2
- Products are grouped as commodity, speciality material and new energy material. Investor presentation, page 10
- The range includes anthraquinone, naphthalene balls and speciality carbon black items. Investor presentation, page 19
- The range includes carbon nano tube, carbazole and SNF/PCE. Investor presentation, page 19
- The range includes coal tar pitch. Investor presentation, page 19
- The range includes LFP cathode active material. Investor presentation, page 19
- It operates 292 specialised heated tankers. Annual report, page 56
- The tankers deliver molten pitch directly to customers' plants. Annual report, page 56
- It has established an anode material facility at Mahistikry, West Bengal. Investor presentation, page 31
- It operates eight plants across India and China. Investor presentation, page 18
- Plant locations include Mahistikry, Liluah I and II, Korba, Vizag, Sambalpur, Falta SEZ and China. Investor presentation, page 18
- Mahistikry is in Hooghly and Liluah is in Howrah, West Bengal; Korba is in Chhattisgarh. Investor presentation, page 18
- Sambalpur is in Odisha. Investor presentation, page 18
- The Chinese plant is at Longkou, Shandong. Investor presentation, page 18
- The Vizag plant is in Visakhapatnam, Andhra Pradesh. Investor presentation, page 18
- It was incorporated in 1987. Annual report, page 2
- It acquired Birla Tyres Limited in October 2023 together with resolution applicant DBRL. Investor presentation, page 39
- It holds a stake in Invati Creations. Investor presentation, page 38
- It has a strategic investment in and licensing partnership with Sicona Battery Technologies. Investor presentation, page 37
- It has a strategic investment in International Battery Company. Investor presentation, page 36
- Its promoters hold a majority of the shares. Annual report, page 31
- Birla Tyres has 49 distributors (40 domestic, 9 global) and 1000+ dealers. Investor presentation, page 39
- The company describes its eight plants as zero discharge plants. Investor presentation, page 18
Results
Consolidated; ₹ crore.Himadri Speciality Chemical quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +25.3%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +30.3%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,691 Crup 18.13%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹231 Crup 1.27%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 13.7%
Revenue by quarter
Peak revenue ₹1,691 Cr, quarter to Sep 2026; lowest ₹1,071 Cr, quarter to Sep 2025
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,141 | 1,135 | 1,118 | 1,071 | 1,184 | 1,288 | 1,432 | 1,691 |
| Net profit | 141 | 155 | 179 | 176 | 192 | 208 | 228 | 231 |
| Net margin | 12.4% | 13.7% | 16.0% | 16.4% | 16.2% | 16.1% | 16.0% | 13.7% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹4,661 Crup 1.04%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹755 Crup 36.03%
- Net margin
- 16.2%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,490what Revenue, Mar 2017, includes. This period's revenue includes excise duty of ₹147 crore, a tax on the goods the company makes that it collects and pays to the government. | 2,072 | 2,422 | 1,806 | 1,679 | 2,791 | 4,172 | 4,185 | 4,613 | 4,661 |
| Net profit | 83 | 248 | 324 | 205 | 47 | 39 | 216 | 411 | 555 | 755 |
| Net margin | 5.6% | 12.0% | 13.4% | 11.4% | 2.8% | 1.4% | 5.2% | 9.8% | 12.0% | 16.2% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Carbon materials and chemicalsCarbon materials and chemicals, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹4,367 Crdown 4.84%92.2%
- PowerPower, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹96 Crdown 8.81%2.0%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹274 Cr5.8%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.Himadri Speciality Chemical PE ratio and valuation
Price to earnings
At or below today's level on 50% of 2,455 trading days over the last 10 years.
LowestHighest
Its median32.02Industry median22.03
Price to book
At or below today's level on 67% of 1,879 trading days since Nov 2018.
LowestHighest
Its median2.41Industry median1.73
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 59% of 2,460 trading days over the last 10 years.
LowestHighest
Its median0.13%Industry median0.66%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +4.2% | +33.9% | −22.3% | 0.2% |
| 3 years | +71.8% | +44.0% | +19.2% | 0.2% |
| 5 years | +60.6% | +67.9% | −4.5% | 0.2% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2023.
Mutual fund holdings
79 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 70 of the 73 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 79 funds holding Himadri Speciality Chemical
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 2
- AddedAdded. Funds that held more shares than at the end of the month before.
- 34
- CutCut. Funds that held fewer shares than at the end of the month before.
- 39
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 4
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 2
| Fund | |||
|---|---|---|---|
 Nippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund | 3,64,147 | 0.71% | ₹24.7 Cr |
 HDFC Nifty Smallcap 250 ETFHDFC Mutual Fund | 2,85,740 | 0.72% | ₹19.4 Cr |
 Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETFMirae Asset Mutual Fund | 2,75,696 | 2.00% | ₹18.7 Cr |
 Axis Nifty Smallcap 50 Index FundAxis Mutual Fund | 2,15,192 | 1.88% | ₹14.6 Cr |
 Capitalmind Flexi Cap FundCapitalmind Mutual Fund | 1,88,751 | 2.77% | ₹12.8 Cr |
 Union Active Momentum FundUnion Mutual Fund | 1,87,110 | 2.34% | ₹12.7 Cr |
 SBI Nifty Smallcap 250 Index FundSBI Mutual Fund | 1,84,982 | 0.71% | ₹12.5 Cr |
 Samco Flexi Cap FundSamco Mutual Fund | 1,44,898 | 4.11% | ₹9.82 Cr |
 Groww Nifty EV & New Age Automotive ETFGroww Mutual Fund | 1,33,717 | 3.25% | ₹9.06 Cr |
 Motilal Oswal Nifty Smallcap 250 Index FundMotilal Oswal Mutual Fund | 1,31,215 | 0.72% | ₹8.89 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 28 Oct 2025.Himadri Speciality Chemical insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade · 2 off-market moves
- Others: no market trade · 9 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Himadri Speciality Chemical competitors and peers
Chemicals & Petrochemicals, 271 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Himadri Speciality Chemical in market cap.Chemical companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 SRFSRF | 69,215 | 30.32 | 4.52 | +19.7% | +41.1% | 16.0% | 15.1% | 0.43% |
 Linde IndiaLINDEINDIA | 48,088 | 88.01 | 11.27 | +10.4% | +21.9% | 13.5% | 15.7% | 0.21% |
 Gujarat FluorochemicalsFLUOROCHEM | 46,529 | 75.66 | 5.92 | +9.5% | −1.1% | 8.1% | 9.8% | 0.07% |
 Navin Fluorine InternationalNAVINFLUOR | 42,350 | 53.63 | 10.66 | +42.4% | +122.7% | 23.9% | 20.7% | 0.18% |
 Aether IndustriesAETHER | 20,406 | – | 8.31 | +33.8% | – | – | 10.7% | 0.00% |
 Deepak NitriteDEEPAKNTR | 19,525 | 24.93 | 3.35 | +7.1% | +29.2% | 14.0% | 14.8% | 0.52% |
 AtulATUL | 15,938 | 20.65 | 2.42 | +18.1% | +42.4% | 12.4% | 12.5% | 0.55% |
 Aarti IndustriesAARTIIND | 15,805 | 29.75 | 2.65 | +27.1% | +123.7% | 9.2% | 7.9% | 0.23% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Himadri Speciality Chemical dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹0.80 a share, year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 22 May 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹0.80 |
| 23 May 2025 | Final | ₹0.60 |
| 7 Jun 2024 | Final | ₹0.50 |
| 9 Jun 2023 | Final | ₹0.25 |
| 20 Sep 2022 | Final | ₹0.20 |
| 21 Sep 2021 | Final | ₹0.15 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Himadri Speciality Chemical announcements
Oct 2026
16 Oct · Analysts
16 Oct · Business
16 Oct · Results
Himadri Speciality Chemical share price by year
Each calendar year to 2025.Himadri Speciality Chemical share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 487.85 | −16.6% | 591.60 | 398.60 |
| 2024 | 584.70 | +88.9% | 667.60 | 286.30 |
| 2023 | 309.50 | +207.0% | 309.90 | 81.00 |
| 2022 | 100.80 | +123.3% | 107.50 | 44.85 |
| 2021 | 45.15 | +3.2% | 59.65 | 41.10 |
| 2020 | 43.75 | −27.9% | 72.45 | 28.25 |
| 2019 | 60.65 | −53.8% | 134.80 | 54.95 |
| 2018 | 131.40 | −14.5% | 192.80 | 111.00 |
| 2017 | 153.75 | +362.4% | 175.80 | 33.70 |
| 2016 | 33.25 | +120.9% | 47.15 | 13.10 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 494.00 | 524.85 | 484.15 | 522.25 | 509.52 | 60,48,264 | 27.6% |
| 23 Oct 2026 | 520.00 | 521.55 | 490.00 | 492.00 | 499.67 | 36,13,609 | 28.5% |
| 22 Oct 2026 | 540.75 | 541.85 | 512.60 | 522.90 | 524.21 | 49,40,609 | 26.9% |
| 21 Oct 2026 | 605.90 | 608.70 | 534.05 | 539.25 | 556.51 | 87,55,273 | 33.8% |
| 19 Oct 2026 | 662.00 | 664.45 | 599.30 | 605.85 | 622.23 | 57,55,200 | 35.3% |
| 16 Oct 2026 | 664.60 | 665.95 | 654.00 | 660.70 | 659.09 | 15,27,055 | 44.4% |
| 15 Oct 2026 | 667.85 | 669.90 | 656.15 | 662.85 | 662.98 | 14,13,034 | 51.5% |
| 14 Oct 2026 | 661.00 | 666.00 | 656.15 | 663.95 | 661.69 | 8,69,109 | 42.6% |
| 13 Oct 2026 | 662.05 | 662.75 | 653.35 | 660.00 | 656.55 | 10,49,469 | 38.2% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 8 Nov 2010 | Split | 0.1000 | Each share became 10. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
Company details
- NSE symbol
- HSCL
- BSE code
- 500184
- ISIN
- INE019C01026
- Industry
- Chemicals & Petrochemicals
- Former symbols
- HCIL, HIMADCHEM
- Website
- www.himadri.com
- CIN
- L27106WB1987PLC042756
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1987
- Registered office
- 23A, 8th Floor, Netaji Subhas Road, Suite No. 15, Kolkata 700001, West Bengal
- Share registrar
- S. K. Infosolutions Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
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