Himadri Speciality Chemical Ltd (HSCL) — shareholding pattern, promoter holding, financials and share price
About Himadri Speciality Chemical Ltd (HSCL)
Himadri Speciality Chemical Ltd operates in the Carbon Black industry, within the Chemicals sector. It trades on the NSE as HSCL and on the BSE under scrip code 500184. Its ISIN is INE019C01026.
Himadri Speciality Chemical is primarily engaged in the manufacturing of carbon materials and chemicals. [1] It is the No.1 coal pitch manufacturer in India and is the only company to manufacture advanced carbon material in India. It is also the largest player of Naphthalene and SNF in India. [2]
Himadri Speciality Chemical Ltd is primarily engaged in manufacturing carbon materials and chemicals, emphasizing coal tar and its derivatives. It has established a significant international presence with operations extending across multiple countries, including specific subsidiaries in China.
The company has achieved record growth, with a 41% increase in profit after tax within the first nine months of FY '26, reflecting its strategic focus on high-value products and operational excellence fueling profitability.
Listed peers in Carbon Black: Gujarat Fluorochemicals Ltd, Navin Fluorine International Ltd, Deepak Nitrite Ltd, Aether Industries Ltd, Deepak Fertilisers & Petrochemicals Corp Ltd, Atul Ltd.
Valuation & Returns
10 Jul 2026At ₹660.2 a share on 10 Jul 2026, Himadri Speciality Chemical Ltd (HSCL) was valued at a price-to-earnings ratio of 44.11x against an industry P/E of 45.11x and a price-to-book of 7.08x on a book value of ₹93.29 per share as of Mar 2026. Solomo computes return on equity of 16.04% and return on capital employed of 19.45% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 44.11x
- Industry P/E
- 45.11x
- P/B
- 7.08x
- EPS (TTM)
- ₹14.97
- Book value / share
- ₹93.29
- ROE
- 16.04%
- ROCE
- 19.45%
- ROA
- 11.97%
- Debt / equity
- 0.16x
- Dividend yield
- 0.12%
- EBITDA margin
- 24.32%
- 52-week range
- ₹420 – ₹718
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Himadri Speciality Chemical Ltd (HSCL) reported revenue of ₹4,661 crore, net profit of ₹755 crore and earnings per share of ₹14.89. That compares with revenue of ₹4,613 crore and net profit of ₹555 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Jun 2026, revenue was ₹1,432 crore and net profit ₹228 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 2,791 | 4,172 | 4,185 | 4,613 | 4,661 |
| Net profit (₹ cr) | 39 | 216 | 411 | 555 | 755 |
| EPS (₹) | 0.98 | 4.99 | 8.34 | 11.25 | 14.89 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 12.96% | 21.27% | 1.83% | 1.04% |
| Profit growth | 28.02% | 74.25% | 53.37% | 36.02% |
| Stock price CAGR | 36% | 68% | 72% | 40% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 52.5% of Himadri Speciality Chemical Ltd (HSCL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 6.8% and domestic institutional investors (DII) hold 3.33%. Market capitalisation was ₹33,310 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2002.
Largest disclosed public shareholders in Jun 2026: NARANTAK DEALCOMM LIMITED 2.56%, PENGUIN TRADING & AGENCIES LTD 1.68%, HUF 1.38%, LLP 1.33%, STOCK BROKER 1.25%, LIFE INSURANCE CORPORATION OF INDIA 1.1%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 52.5% | - | 6.8% | 3.33% | 47.5% |
| Mar 2026 | 52.5% | - | 5.98% | 3.21% | 47.5% |
| Dec 2025 | 52.5% | - | 5.75% | 3.1% | 47.5% |
| Sep 2025 | 51.57% | - | 5.74% | 3.22% | 48.43% |
| Jun 2025 | 51.61% | - | 5.19% | 4.83% | 48.39% |
| Mar 2025 | 51.61% | - | 5.38% | 4.63% | 48.39% |
| Dec 2024 | 51.56% | - | 5.15% | 4.25% | 48.44% |
| Sep 2024 | 50.78% | - | 5.24% | 3.6% | 49.22% |