Himadri Speciality Chemical logo

Himadri Speciality Chemical share price

NSE: HSCLBSE: 500184Chemicals & PetrochemicalsSmall Cap

Formerly Himadri Chemicals and Industries
Last close ₹492.00down ₹30.90 (5.91%)BSE ₹492.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹522.90.

52-week range of traded prices to 23 Oct 2026
₹418.50Low, 24 Nov 2025₹819.50High, 21 Jul 2026
Market cap
₹24,825 Cr293rd largest listed
P/E
29.0
P/B
4.8
Dividend yield
0.16%
ROE
18.6%
ROCE
15.9%
Debt to equity
0.22
Volume, NSE
36,13,60928.5% delivered

Share price

Daily closes since Jan 2007, BSE closes Jan 2007 to Mar 2007, adjusted for splits and bonuses

+4.5%over a year

Results20-session average 22,17,723 shares a day, 41.7% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Sep 2026, against the quarter beforeFiled 16 Oct

Revenue
₹1,691 Crup 18.13%
Net profit
₹231 Crup 1.27%
Net margin
13.7%

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.

₹ croreDec 2024Filed 14 JanMar 2025Filed 10 JunJun 2025Filed 15 JulSep 2025Filed 17 OctDec 2025Filed 16 JanMar 2026Filed 23 AprJun 2026Filed 15 JulSep 2026Filed 16 Oct
Revenue1,1411,1351,1181,0711,1841,2881,4321,691
Net profit141155179176192208228231
Net margin12.4%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.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Carbon materials and chemicals₹4,367 Crdown 4.84%92.2%
  • Power₹96 Crdown 8.81%2.0%
  • Others₹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.PE ratio and valuation history

Price to earnings

At or below today's level on 42% of 2,457 trading days over the last 10 years.

LowestHighest
Its median32.1Industry median21.3
Price to book

At or below today's level on 65% of 1,877 trading days since Nov 2018.

LowestHighest
Its median2.4Industry median1.7
EV to EBITDA23.3

At or below today's level on 59% of 1,877 trading days since Nov 2018.

LowestHighest
Its median20.2Industry median13.7
Dividend yield

At or below today's level on 61% of 2,462 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.

OverReturn a yearEarnings growthChange in P/EDividend 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.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters52.49%
  • Foreign institutions7.32%
  • Indian institutions2.85%
  • Individuals and others37.33%
Holder
MODERN HI-RISE PRIVATE LIMITEDPromoter36.75%
ANURAG CHOUDHARYPromoter8.58%
AMIT CHOUDHARYPromoter3.52%
NARANTAK DEALCOMM LIMITEDCompanies2.17%
SHYAM SUNDAR CHOUDHARYPromoter1.64%
VT CAPITAL MARKET PRIVATE LIMITEDOther non-institutions1.30%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

The filing reports 1,00,03,970 of its 50,45,74,175 shares locked in.

Mutual funds holding it

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.Mutual fund holdings

Bought for the first time
2
Added
34
Cut
39
Held unchanged
4
Sold out
2
Fund
Nippon India Mutual Fund logoNippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund3,64,1470.71%₹24.7 Cr
HDFC Mutual Fund logoHDFC Nifty Smallcap 250 ETFHDFC Mutual Fund2,85,7400.72%₹19.4 Cr
Mirae Asset Mutual Fund logoMirae Asset Nifty Smallcap 250 Momentum Quality 100 ETFMirae Asset Mutual Fund2,75,6962.00%₹18.7 Cr
Axis Mutual Fund logoAxis Nifty Smallcap 50 Index FundAxis Mutual Fund2,15,1921.88%₹14.6 Cr
Capitalmind Mutual Fund logoCapitalmind Flexi Cap FundCapitalmind Mutual Fund1,88,7512.77%₹12.8 Cr
Union Mutual Fund logoUnion Active Momentum FundUnion Mutual Fund1,87,1102.34%₹12.7 Cr
SBI Mutual Fund logoSBI Nifty Smallcap 250 Index FundSBI Mutual Fund1,84,9820.71%₹12.5 Cr
Samco Mutual Fund logoSamco Flexi Cap FundSamco Mutual Fund1,44,8984.11%₹9.82 Cr
Groww Mutual Fund logoGroww Nifty Ev & New Age Automotive ETFGroww Mutual Fund1,33,7173.25%₹9.06 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty Smallcap 250 Index FundMotilal Oswal Mutual Fund1,31,2150.72%₹8.89 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Chemicals & Petrochemicals, 271 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Himadri Speciality Chemical in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
SRF logoSRFSRF68,47430.04.518.4+19.7%+41.1%16.0%15.1%0.43%
Linde India logoLinde IndiaLINDEINDIA48,81289.311.453.4+10.4%+21.9%13.5%15.7%0.21%
Gujarat Fluorochemicals logoGujarat FluorochemicalsFLUOROCHEM46,53475.75.935.2+9.5%−1.1%8.1%9.8%0.07%
Navin Fluorine International logoNavin Fluorine InternationalNAVINFLUOR39,34649.89.932.9+42.4%+122.7%23.9%20.7%0.20%
Deepak Nitrite logoDeepak NitriteDEEPAKNTR19,73325.23.415.8+7.1%+29.2%14.0%14.8%0.52%
Aether Industries logoAether IndustriesAETHER18,750–7.650.0+33.8%––10.7%0.00%
Atul logoAtulATUL16,41720.62.613.9+15.8%+59.1%13.5%13.4%0.54%
Aarti Industries logoAarti IndustriesAARTIIND15,50929.22.614.8+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.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.80 a share, year to Mar 2026.
Ex-dateTypePer share
22 May 2026Final₹0.80
23 May 2025Final₹0.60
7 Jun 2024Final₹0.50
9 Jun 2023Final₹0.25
20 Sep 2022Final₹0.20
21 Sep 2021Final₹0.15
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Himadri Speciality Chemical share price by year

Each calendar year to 2025.Himadri Speciality Chemical share price history

YearClose at year endChangeHighest closeLowest close
2025487.85−16.6%591.60398.60
2024584.70+88.9%667.60286.30
2023309.50+207.0%309.9081.00
2022100.80+123.3%107.5044.85
202145.15+3.2%59.6541.10
202043.75−27.9%72.4528.25
201960.65−53.8%134.8054.95
2018131.40−14.5%192.80111.00
2017153.75+362.4%175.8033.70
201633.25+120.9%47.1513.10
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026520.00521.55490.00492.00499.6736,13,60928.5%
22 Oct 2026540.75541.85512.60522.90524.2149,40,60926.9%
21 Oct 2026605.90608.70534.05539.25556.5187,55,27333.8%
19 Oct 2026662.00664.45599.30605.85622.2357,55,20035.3%
16 Oct 2026664.60665.95654.00660.70659.0915,27,05544.4%
15 Oct 2026667.85669.90656.15662.85662.9814,13,03451.5%
14 Oct 2026661.00666.00656.15663.95661.698,69,10942.6%
13 Oct 2026662.05662.75653.35660.00656.5510,49,46938.2%
12 Oct 2026661.50669.70659.75661.40663.128,76,70544.7%
9 Oct 2026662.00665.45650.10659.95656.7912,29,03939.7%
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-dateEventPrice factorWhat happened
8 Nov 2010Split0.1000Each share became 10.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

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.

Legal name
Himadri Speciality Chemical Limited
NSE symbol
HSCL
BSE code
500184
ISIN
INE019C01026
Industry
Chemicals & Petrochemicals
Listed
Jun 1993 on BSE, Mar 2007 on NSE
Face value
₹1
Former symbols
HCIL, HIMADCHEM
CIN
L27106WB1987PLC042756
Corporate identity number, the registrar of companies' code for it