About
Himadri Speciality Chemical Limited manufactures and sells carbon materials and chemicals in India and internationally. The company operates through Carbon Materials and Chemicals and Power segments. It offers anode materials, LFP cathodes, and recycling materials. The company also provides SDS, TDS, ASTM, lithium mining and refining, and carbon black; tyre, MRG, plastics, ink, and coatings; refined naphthalene, coal tar pitch, specialty oils, clean energy, and anti-corrosion products. It serves lithium-ion batteries, paints, plastics, tyres, technical rubber goods, aluminium, graphite electrodes, agrochemicals, defence, and construction chemicals industries. Himadri Speciality Chemical Limited was formerly known as Himadri Chemicals & Industries Limited and changed its name to Himadri Speciality Chemical Limited in July 2016. The company was incorporated in 1987 and is based in Kolkata, India.
Key Metrics
as of Sep 2026Market Cap33,875 Cr
P/E42.40
Div Yield0.12 %
Book Value₹93.30
52w High₹820.00
52w Low₹418.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,432.00 | 1,288.00 | 1,184.00 | 1,071.00 | 1,118.00 | 1,135.00 | 1,141.00 | 1,137.00 | 1,200.00 | 1,177.00 | 1,053.00 | 1,005.00 | 951.00 |
| Expenses | 1,144.00 | 1,046.00 | 941.00 | 838.00 | 873.00 | 901.00 | 920.00 | 929.00 | 1,008.00 | 997.00 | 879.00 | 847.00 | 817.00 |
| Operating Profit | 288.00 | 242.00 | 243.00 | 233.00 | 245.00 | 233.00 | 221.00 | 208.00 | 192.00 | 180.00 | 174.00 | 158.00 | 134.00 |
| OPM % | 20.00 | 19.00 | 20.00 | 22.00 | 22.00 | 21.00 | 19.00 | 18.00 | 16.00 | 15.00 | 17.00 | 16.00 | 14.00 |
| Other Income | 56.00 | 62.00 | 47.00 | 36.00 | 27.00 | 14.00 | 12.00 | 14.00 | 13.00 | 12.00 | 10.00 | 10.00 | 10.00 |
| Depreciation | 21.00 | 19.00 | 18.00 | 17.00 | 15.00 | 14.00 | 15.00 | 13.00 | 13.00 | 13.00 | 13.00 | 12.00 | 12.00 |
| Interest | 22.00 | 17.00 | 16.00 | 15.00 | 16.00 | 9.00 | 12.00 | 11.00 | 13.00 | 14.00 | 21.00 | 16.00 | 13.00 |
| Profit before tax | 301.00 | 268.00 | 255.00 | 237.00 | 241.00 | 224.00 | 206.00 | 197.00 | 179.00 | 166.00 | 150.00 | 139.00 | 119.00 |
| Tax % | 24.00 | 23.00 | 25.00 | 26.00 | 26.00 | 31.00 | 31.00 | 31.00 | 31.00 | 30.00 | 28.00 | 28.00 | 28.00 |
| Net Profit | 228.00 | 208.00 | 192.00 | 176.00 | 179.00 | 155.00 | 141.00 | 136.00 | 123.00 | 115.00 | 109.00 | 101.00 | 86.00 |
| EPS in Rs | 4.55 | 3.98 | 3.81 | 3.57 | 3.68 | 3.15 | 2.88 | 2.74 | 2.48 | 2.34 | 2.47 | 2.29 | 1.96 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,661.00 | 4,613.00 | 4,185.00 | 4,172.00 | 2,791.00 | 1,679.00 | 1,806.00 | 2,422.00 | 2,022.00 | 1,341.00 | 1,182.00 | 1,437.00 |
| Expenses | 3,699.00 | 3,758.00 | 3,540.00 | 3,773.00 | 2,635.00 | 1,549.00 | 1,525.00 | 1,863.00 | 1,569.00 | 1,107.00 | 1,036.00 | 1,313.00 |
| Operating Profit | 962.00 | 854.00 | 645.00 | 399.00 | 156.00 | 131.00 | 280.00 | 560.00 | 452.00 | 233.00 | 146.00 | 124.00 |
| OPM % | 21.00 | 19.00 | 15.00 | 10.00 | 6.00 | 8.00 | 16.00 | 23.00 | 22.00 | 17.00 | 12.00 | 9.00 |
| Other Income | 171.00 | 52.00 | 43.00 | -2.00 | -17.00 | 14.00 | 8.00 | 8.00 | 12.00 | 6.00 | 9.00 | 13.00 |
| Interest | 64.00 | 45.00 | 64.00 | 66.00 | 36.00 | 33.00 | 55.00 | 71.00 | 70.00 | 82.00 | 111.00 | 103.00 |
| Depreciation | 68.00 | 55.00 | 50.00 | 51.00 | 50.00 | 47.00 | 39.00 | 34.00 | 33.00 | 33.00 | 67.00 | 59.00 |
| Profit before tax | 1,001.00 | 806.00 | 574.00 | 280.00 | 53.00 | 65.00 | 194.00 | 462.00 | 361.00 | 125.00 | -23.00 | -24.00 |
| Tax % | 25.00 | 31.00 | 28.00 | 23.00 | 27.00 | 27.00 | -6.00 | 30.00 | 31.00 | 34.00 | -19.00 | -49.00 |
| Net Profit | 755.00 | 555.00 | 411.00 | 216.00 | 39.00 | 47.00 | 205.00 | 324.00 | 248.00 | 82.00 | -19.00 | -13.00 |
| EPS in Rs | 14.89 | 11.25 | 8.34 | 4.99 | 0.98 | 1.13 | 4.91 | 7.75 | 5.91 | 1.98 | -0.44 | -0.32 |
| Dividend Payout % | 5.00 | 5.00 | 6.00 | 5.00 | 20.00 | 13.00 | 3.00 | 2.00 | 2.00 | 5.00 | -11.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 50.00 | 49.00 | 49.00 | 43.00 | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 | 39.00 |
| Reserves | 4,656.00 | 3,672.00 | 2,996.00 | 2,237.00 | 1,826.00 | 1,751.00 | 1,692.00 | 1,590.00 | 1,373.00 | 988.00 | 837.00 | 750.00 |
| Borrowings | 770.00 | 313.00 | 605.00 | 842.00 | 587.00 | 729.00 | 505.00 | 476.00 | 660.00 | 774.00 | 887.00 | 1,124.00 |
| Other Liabilities | 830.00 | 621.00 | 798.00 | 555.00 | 999.00 | 269.00 | 323.00 | 680.00 | 341.00 | 308.00 | 296.00 | 329.00 |
| Total Liabilities | 6,306.00 | 4,656.00 | 4,449.00 | 3,678.00 | 3,454.00 | 2,791.00 | 2,562.00 | 2,788.00 | 2,416.00 | 2,112.00 | 2,062.00 | 2,242.00 |
| Fixed Assets | 1,942.00 | 1,605.00 | 1,534.00 | 1,515.00 | 1,546.00 | 1,468.00 | 1,475.00 | 1,170.00 | 1,178.00 | 1,174.00 | 1,180.00 | 1,228.00 |
| CWIP | 372.00 | 185.00 | 67.00 | 94.00 | 77.00 | 160.00 | 158.00 | 133.00 | 22.00 | 13.00 | 31.00 | 14.00 |
| Investments | 1,060.00 | 582.00 | 478.00 | 132.00 | 113.00 | 66.00 | 47.00 | 179.00 | 273.00 | 87.00 | 53.00 | 23.00 |
| Other Assets | 2,933.00 | 2,283.00 | 2,371.00 | 1,938.00 | 1,718.00 | 1,098.00 | 882.00 | 1,305.00 | 943.00 | 838.00 | 798.00 | 977.00 |
| Total Assets | 6,306.00 | 4,656.00 | 4,449.00 | 3,678.00 | 3,454.00 | 2,791.00 | 2,562.00 | 2,788.00 | 2,416.00 | 2,112.00 | 2,062.00 | 2,242.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 382.00 | 447.00 | 405.00 | 54.00 | 331.00 | -40.00 | 283.00 | 476.00 | 258.00 | 205.00 | 296.00 | 212.00 |
| Cash from Investing Activity | -963.00 | -235.00 | -405.00 | -397.00 | -28.00 | -114.00 | -214.00 | -224.00 | -50.00 | 10.00 | -6.00 | 128.00 |
| Cash from Financing Activity | 590.00 | -271.00 | 7.00 | 377.00 | -182.00 | 165.00 | -41.00 | -257.00 | -200.00 | -233.00 | -278.00 | -348.00 |
| Net Cash Flow | 10.00 | -60.00 | 7.00 | 34.00 | 121.00 | 11.00 | 28.00 | -6.00 | 8.00 | -18.00 | 12.00 | -7.00 |
| Free Cash Flow | -63.00 | 276.00 | 352.00 | -22.00 | 308.00 | -76.00 | 36.00 | 272.00 | 195.00 | 201.00 | 281.00 | 184.00 |
| CFO/OP % | 64.00 | 69.00 | 77.00 | 25.00 | 223.00 | -20.00 | 113.00 | 102.00 | 75.00 | 98.00 | 203.00 | 169.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 55.00 | 50.00 | 57.00 | 44.00 | 66.00 | 100.00 | 61.00 | 55.00 | 49.00 | 60.00 | 63.00 | 82.00 |
| Inventory Days | 96.00 | 68.00 | 85.00 | 61.00 | 125.00 | 100.00 | 121.00 | 124.00 | 112.00 | 164.00 | 138.00 | 122.00 |
| Days Payable | 47.00 | 28.00 | 69.00 | 39.00 | 127.00 | 45.00 | 68.00 | 100.00 | 39.00 | 74.00 | 50.00 | 36.00 |
| Cash Conversion Cycle | 103.00 | 90.00 | 73.00 | 66.00 | 65.00 | 155.00 | 113.00 | 79.00 | 122.00 | 150.00 | 151.00 | 168.00 |
| Working Capital Days | 57.00 | 69.00 | 32.00 | 1.00 | -1.00 | 15.00 | 10.00 | 40.00 | 29.00 | 19.00 | -22.00 | 4.00 |
| ROCE % | 22.00 | 22.00 | 19.00 | 13.00 | 5.00 | 4.00 | 11.00 | 25.00 | 22.00 | 11.00 | 5.00 | 3.00 |
Corporate Actions
26 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 22 May 2026 | 22 May 2026 | — | 0.80 | |
| Dividend | 23 May 2025 | 23 May 2025 | — | 0.60 | |
| Dividend | 07 Jun 2024 | — | — | 0.50 | |
| Dividend | 09 Jun 2023 | — | — | 0.25 | |
| Dividend | 20 Sep 2022 | — | — | 0.20 | |
| Dividend | 21 Sep 2021 | — | — | 0.15 | |
| Dividend | 18 Sep 2020 | — | — | 0.15 | |
| Dividend | 17 Sep 2019 | — | — | 0.15 | |
| Dividend | 23 Aug 2018 | — | — | 0.10 | |
| Other | 23 Aug 2018 | — | — | — | Annual General Meeting/Dividend Re - 0.10 Per Share |
| Dividend | 13 Sep 2017 | — | — | 0.10 | |
| Dividend | 15 Sep 2016 | — | — | 0.05 | |
| Other | 14 Sep 2015 | — | — | — | Annual General Meeting |
| Dividend | 12 Sep 2014 | — | — | 0.10 | |
| Dividend | 13 Sep 2013 | — | — | 0.10 | |
| Dividend | 10 Sep 2012 | — | — | 0.10 | |
| Dividend | 19 Sep 2011 | — | — | 0.10 | |
| Split | 08 Nov 2010 | 09 Nov 2010 | 10:1 | — | |
| Dividend | 20 Sep 2010 | — | — | 1.00 | |
| Dividend | 10 Sep 2009 | — | — | 1.00 | |
| Dividend | 18 Sep 2008 | — | — | 2.00 | NSE/BSE dividend mismatch: NSE=0.2; BSE=2.0 |
| Dividend | 18 Sep 2008 | — | — | 0.20 | NSE/BSE dividend mismatch: NSE=0.2; BSE=2.0 |
| Dividend | 06 Sep 2007 | — | — | 5.00 | NSE/BSE dividend mismatch: NSE=0.5; BSE=5.0 |
| Dividend | 06 Sep 2007 | — | — | 0.50 | NSE/BSE dividend mismatch: NSE=0.5; BSE=5.0 |
| Other | 23 Aug 2000 | — | — | — | Agm |
| Other | 28 Apr 1999 | — | — | — | Agm |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update10 Jul from icra
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Rating update19 Mar from fitch
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Rating update10 Sep 2025 from icra
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Rating update31 Jul 2025 from icra
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Rating update21 Mar 2025 from fitch
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Rating update15 Oct 2024 from icra