1. India Stocks

  2. •

    Process industries

  3. •

    Industrial specialties
Himadri Speciality Chemical Ltd.

Himadri Speciality Chemical Ltd.

522.90
INR
-16.35
(-3.03%)
16.09EPS
42.30P/E
342.68BMarket Cap
Feb 05Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
36.2
36.77
30.81
32
48.74
57.89
42.84
40.1
66.61
99.12
93.33
93.19
93.49
100.27
Basic EPS, GAAP
-1.48
-0.32
-0.48
1.98
5.91
7.75
4.91
1.13
0.98
5.13
9.16
11.26
15.08
16.06
Free Cash Flow per Basic Share
1.76
4.78
7.27
4.8
4.67
6.49
0.85
-1.8
7.34
-0.69
7.85
5.59
-1.36
- -
Dividend per Share
0.1
0.1
- -
0.06
0.12
0.12
0.18
0.15
0.15
0.2
0.24
0.5
0.59
- -
Book Value per Share
20.63
21.25
21
24.62
33.81
38.98
41.41
42.79
44.54
52.7
61.83
75.37
93.29
- -
Tangible Book Value per Share
20.63
21.25
21
24.62
33.75
38.93
41.36
42.76
44.52
52.69
61.81
73.72
91.62
- -
Basic Weighted Avg Shares
386
386
386
418
418
418
419
419
419
421
448
494
498
501
Sales/Revenue/Turnover
13,963
14,185
11,902
13,390
20,393
24,223
17,937
16,793
27,907
41,718
41,846
45,992
46,577
50,216
Operating Margin (%)
8.44
5.07
7.66
17.07
20.55
21.8
14.4
5
4.06
8.82
13.99
17.22
20.13
26.24
Depreciation Expense
584
592
670
328
332
344
392
470
495
508
499
550
682
721
Net Income, GAAP
-570
-124
-186
828
2,475
3,243
2,055
475
409
2,160
4,108
5,556
7,513
8,042
Effective Tax Rate (%)
- -
- -
- -
33.87
31.41
29.84
- -
26.79
26.95
22.98
28.43
31.14
24.56
24.18
Profit Margin (%)
-4.08
-0.88
-1.56
6.18
12.13
13.39
11.46
2.83
1.47
5.18
9.82
12.08
16.13
16.01
Working Capital
1,742
763
-42
1,074
1,951
3,170
936
2,062
2,557
6,375
11,040
15,464
15,874
- -
LT Debt
5,870
5,226
3,660
3,870
2,312
1,883
291
915
988
527
246
56
60
- -
Total Equity
7,962
8,200
8,786
10,297
14,144
16,315
17,337
17,922
18,649
22,777
30,428
37,709
47,621
- -
Return on Invested Capital (%)
- -
- -
- -
8.5
14.85
17.76
- -
2.62
2.63
9.45
12.39
14.07
14.7
- -
Return on Capital (%)
- -
- -
- -
7.44
14.96
17.59
- -
2.96
2.58
9.11
13.36
15.11
16.53
- -
Return on Common Equity (%)
-6.77
-1.54
-2.19
8.67
20.24
21.29
12.21
2.69
2.24
10.41
15.42
16.42
17.83
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
7,640
- -
LT Borrowings
- -
45
- -
LT Finance Leases
- -
15
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
505
505
505
Market Capitalization
246,130
222,806
342,685

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
28,235
- -
Cash, Cash Equivalents & STI
- -
2,895
- -
Accounts Receivable, Net
- -
6,964
- -
Inventories
- -
7,630
- -
Total Current Liabilities
- -
12,361
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
7,640
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.95%
22%
26.28%
Free Cash Flow
-245.94%
-413.77%
-124.54%
Net Income, GAAP
14.55%
114.88%
35.22%
Sales/Revenue/Turnover
17.84%
25.43%
1.27%
Total Cash Common Dividend
- -
42.13%
20.08%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
12,004
11,369
11,407
11,346
45,992
2026
11,183
- -
11,836
12,878
46,577
2027
14,319
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.49
2.74
2.88
3.15
11.26
2026
3.68
- -
3.84
3.98
15.08
2027
4.55
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
0.59
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Anurag Choudhary
Full Time Employees
3,193
Sector
Process industries
Industry
Industrial specialties
Address
Ruby House 8 Kolkata WB India 700001
IPO Date
Nov 11, 1992
Website
himadri.com
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Business
Himadri Speciality Chemical Ltd manufactures and markets carbon materials and chemicals with a focus on speciality products for lithium-ion batteries, aluminium, graphite electrodes and other industries. The company produces advanced anode and cathode materials for lithium-ion batteries; speciality carbon black for tyres, paints, plastics, inks and coatings; coal tar pitch including zero quinoline insoluble variants; refined naphthalene and its derivatives; sulphonated naphthalene formaldehyde (SNF) and polycarboxylate ether (PCE) for construction chemicals; speciality oils; coal tar enamel and tape for corrosion protection; and generates green power. Himadri Speciality Chemical Ltd, founded in 1987 and headquartered in Kolkata, India, operates manufacturing facilities across India and previously in China, serving domestic and international markets including the US, East Asia and Australia. In 2025, the company acquires Elixir Carbo Private Limited for INR 7.50 crore to enhance vertical integration in coal tar distillates and naphthalene derivatives; invests USD 4.43 million for a 16.24% stake in US-based International Battery Company Inc to commercialise its LFP cathode and anode materials via manufacturing in South Korea and a Bengaluru gigafactory; enters a technology licensing partnership with Sicona Battery Technologies for India's first silicon-carbon anode plant; expands carbon black capacity and enters speciality tyre manufacturing for off-highway and electric vehicles following acquisition involvement in Birla Tyres; and sees promoter group increase stake through warrant conversions in November 2025.