Himadri Speciality Chemical Ltd (NSE: HSCL): Himadri Specialty Chemical Ltd share, profits have increased during the period of October-December of the fiscal year 2023-24 when compared with the period of October-December in the year 2022-23.
Interest income has also risen. Additionally, EBITDA, the working profit, has increased. Following the results of the quarter the stock remains at the upper limit of 5 percent.
In comparison to the quarter of October-December of the fiscal year 2022-23, the profit for the quarter between October and December of 2023-24 has grown from 65 crore to 109 crore.
The company’s earnings have increased from 1037 crore to 1053 crore. EBITDA is the working profit. It has grown from 104 crore to 174 crore.
Following The Quarterly Results There Were Upper And Lower Circuits To The Stock
It’s up by 2 percent over one week, 35 percent over one month, and 300 percent over a year.
The purchase of shares is made via FIIs (Foreign Institutional Investors). The stake at the end of November 2022 will be 2.38 percent.
For the quarter ending March, the share was 2.36 percent. In June 2023, it was 2.96 percent.
In September 2023, the share rose to 5.12 percent. By December 2023, the share had risen to 5.39 percent. On 28 July 2023, the share price was Rs 136. Over the past 6 months, the share has given a 176.35% return so far.
About Himadri Speciality Chemical Ltd
Himadri Specialty Chemical Limited is involved with special chemicals.
The company creates special chemicals for textiles and consumer care as well as oil and gas chemicals, as well as other industries.
The company is located in India and serves both the local as well as international markets.
Fundamental Analysis of Himadri Speciality Chemical Ltd
| Market Cap | ₹ 17,262 Cr. |
| Current Price | ₹ 392 |
| 52-wk High | ₹ 399 |
| 52-wk Low | ₹ 80.2 |
| Stock P/E | 46.4 |
| Book Value | ₹ 57.7 |
| Dividend | 0.06 % |
| ROCE | 13.7 % |
| ROE | 11.8 % |
| Face Value | ₹ 1.00 |
| P/B Value | 6.79 |
| OPM | 14.6 % |
| EPS | ₹ 8.48 |
| Debt | ₹ 1,035 Cr. |
| Debt to Equity | 0.41 |
| Year | 1st Target | 2nd Target |
| 2024 | ₹400 | ₹422 |
| 2025 | ₹455 | ₹471 |
| 2026 | ₹500 | ₹522 |
| 2027 | ₹550 | ₹565 |
| 2028 | ₹600 | ₹612 |
| 2029 | ₹622 | ₹650 |
| 2030 | ₹655 | ₹705 |
| Promoters Holding | |
| Dec 2022 | 45.38% |
| Mar 2023 | 45.61% |
| June 2023 | 44.96% |
| Sept 2023 | 44.86% |
| Dec 2023 | 44.79% |
| FII Holding | |
| Dec 2022 | 2.38% |
| Mar 2023 | 2.36% |
| June 2023 | 2.96% |
| Sept 2023 | 5.12% |
| Dec 2023 | 5.39% |
| DII Holding | |
| Dec 2022 | 0.50% |
| Mar 2023 | 0.48% |
| June 2023 | 0.53% |
| Sept 2023 | 0.50% |
| Dec 2023 | 0.63% |
| Public Holding | |
| Dec 2022 | 51.74% |
| Mar 2023 | 51.54% |
| June 2023 | 51.54% |
| Sept 2023 | 49.53% |
| Dec 2023 | 49.18% |
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 2,422 Cr |
| 2020 | ₹ 1,806 Cr |
| 2021 | ₹ 1,679 Cr |
| 2022 | ₹ 2,791 Cr |
| 2023 | ₹ 4,037 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 324 Cr |
| 2020 | ₹ 205 Cr |
| 2021 | ₹ 47 Cr |
| 2022 | ₹ 39 Cr |
| 2023 | ₹ 372 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.26 |
| 2020 | 0.19 |
| 2021 | 0.38 |
| 2022 | 0.31 |
| 2023 | 0.37 |
Last 10 Years’ Profit Growth:
| 10 Years: | 38% |
| 5 Years: | -1% |
| 3 Years: | 5% |
| Current Year: | 115% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 8% |
| 5 Years: | 10% |
| 3 Years: | 6% |
| Last Year: | 12% |
Sales Growth Over 10 Years:
| 10 Years: | 12% |
| 5 Years: | 16% |
| 3 Years: | 32% |
| Current Year: | 2% |
Company’s Positive Signs:
- The number of days a debtor of the company has increased by a factor of 70.2 up to 44.2 days.
- The company’s requirements for working capital have decreased by 95.4 days, to 70.2 days.
Company’s Negative Signs:
- The stock market for this company trades at 6.79 percent of the value book.
- The company has had a poor yield on equity of 6.09 percent over the last 3 years.
- The company’s dividends have been low at 12.9 percent of the profits in the three years.
Conclusion
This article is a complete guide about Himadri Speciality Chemical Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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Also Read: Quarterly Results Effect: Share Target ₹1100; Income Increased To 324 Crore
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