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HomeINVESTMENTShare Was ₹136 On 28th July 2023: Income Increased In Q3 Result;...

Share Was ₹136 On 28th July 2023: Income Increased In Q3 Result; 177% Return

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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.

Quarter Results Of Himadri Chemical Share

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/E46.4
Book Value₹ 57.7
Dividend0.06 %
ROCE13.7 %
ROE11.8 %
Face Value₹ 1.00
P/B Value6.79
OPM14.6 %
EPS₹ 8.48
Debt₹ 1,035 Cr.
Debt to Equity0.41

Himadri Speciality Chemical Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹400₹422
2025₹455₹471
2026₹500₹522
2027₹550₹565
2028₹600₹612
2029₹622₹650
2030₹655₹705
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Himadri Speciality Chemical Shareholding Pattern

Promoters Holding
Dec 202245.38%
Mar 202345.61%
June 202344.96%
Sept 202344.86%
Dec 202344.79%
FII Holding
Dec 20222.38%
Mar 20232.36%
June 20232.96%
Sept 20235.12%
Dec 20235.39%
DII Holding
Dec 20220.50%
Mar 20230.48%
June 20230.53%
Sept 20230.50%
Dec 20230.63%
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Public Holding
Dec 202251.74%
Mar 202351.54%
June 202351.54%
Sept 202349.53%
Dec 202349.18%

Himadri Speciality Chemical Share: Last 5 Years’ Financial Condition

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
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Last 5 Years’ Debt-To-Equity Ratio:

20190.26
20200.19
20210.38
20220.31
20230.37

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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If you have any further queries, please comment below. We will be happy to answer all your questions. 

If you like this information, share the article with as many people as possible.

Also Read: Quarterly Results Effect: Share Target ₹1100; Income Increased To 324 Crore

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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