| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 1,691 | 1,071 | +57.9% |
| EBITDA | 315 | 233 | +35.3% |
| EBITDA margin | 18.6% | 21.7% | −3.1 pts |
| Profit before tax | 307 | 237 | +29.9% |
| Net profit | 231 | 176 | +31.3% |
| EPS | ₹4.60 | ₹3.58 | +28.5% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 26,766 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 119 | 290 | 159 | 216 | 208 | ||
| 53.2 | 55.4 | 49.2 | −2.8 | −2.8 | ||
| 767 | 767 | 309 | 600 | 836 | ||
| 27,467 | — | — | — | — | ||
| 5,595 | 4,661 | 4,613 | 4,185 | 4,172 | ||
| — | +1.0% | +10.2% | +0.3% | — | ||
| 1,087 | 962 | 854 | 645 | 399 | ||
| 19.4% | 20.6% | 18.5% | 15.4% | 9.6% | ||
| 1,008 | 894 | 799 | 595 | 348 | ||
| 859 | 755 | 555 | 411 | 216 | ||
| 15.4% | 16.2% | 12.0% | 9.8% | 5.2% | ||
| ₹16.94 | ₹14.89 | ₹11.01 | ₹8.14 | ₹4.28 | ||
| — | +35.2% | +35.3% | +90.2% | — | ||
| — | 382 | 447 | 405 | 54.0 | ||
| — | −450 | −171 | −52.8 | −83.2 | ||
| −67.7 | −67.7 | 276 | 352 | −29.2 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 26,766.2 | |
| - Cash, Equiv & ST Investments | 207.8 | 215.7 | 159.3 | 289.5 | 119.4 | |
| + Minority Interest | -2.8 | -2.8 | 49.2 | 55.4 | 53.2 | |
| + Total Debt | 836.2 | 600.4 | 308.7 | 766.6 | 766.6 | |
| Enterprise Value | — | — | — | — | 27,466.6 | |
| Revenue | 4,171.8 | 4,184.9 | 4,612.6 | 4,660.7 | 5,594.7 | |
| Growth %, YoY | — | +0.3 | +10.2 | +1.0 | — | |
| EBITDA | 399.2 | 645.1 | 854.2 | 962.1 | 1,087.2 | |
| Margin % | 9.57 | 15.41 | 18.52 | 20.64 | 19.43 | |
| EBIT | 348.4 | 595.2 | 799.3 | 894.0 | 1,008.1 | |
| Net Income | 215.9 | 410.7 | 555.1 | 755.1 | 859.3 | |
| Margin % | 5.17 | 9.81 | 12.03 | 16.20 | 15.36 | |
| EPS, Adj (current shares) | 4.28 | 8.14 | 11.01 | 14.89 | 16.94 | |
| Growth %, YoY | — | +90.2 | +35.3 | +35.2 | — | |
| Cash from Operations | 54.0 | 404.8 | 446.9 | 382.0 | — | |
| Capital Expenditures | -83.2 | -52.8 | -170.9 | -449.7 | — | |
| Free Cash Flow | -29.2 | 352.0 | 276.0 | -67.7 | -67.7 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Himadri Speciality Chemical (NSE: HSCL) had a market capitalisation of ₹27,059 crore at the 29 October 2026 close (₹536.25 a share), a PE ratio of 31.7 on the last four quarters' profit and a price-to-book ratio of 5.27. In FY26 its consolidated net profit attributable to shareholders was ₹751 crore on revenue of ₹4,661 crore; in Q2 FY27 (July–September 2026) it was ₹232 crore, up 31.5% year on year. Its debt-to-equity ratio was 0.22 on 30 September 2026. Promoters held 52.49% of the shares on 30 September 2026.
Himadri Speciality Chemical's PE ratio is 31.7 at the 29 October 2026 close (₹536.25 a share): a market capitalisation of ₹27,059 crore divided by consolidated net profit attributable to shareholders of ₹855 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹751 crore) it is 36.0.
Himadri Speciality Chemical's price-to-book (PB) ratio is 5.27 at the 29 October 2026 close: a market capitalisation of ₹27,059 crore divided by shareholders' equity (book value) of ₹5,135 crore on 30 September 2026. That is a book value of ₹101.77 per share against a share price of ₹536.25.
Himadri Speciality Chemical's net worth — shareholders' equity in its consolidated balance sheet — was ₹5,135 crore on 30 September 2026, up 26.2% from ₹4,069 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹27,059 crore at the 29 October 2026 close.
Himadri Speciality Chemical's market capitalisation was ₹27,059 crore at the 29 October 2026 close: 50.46 crore shares at ₹536.25 each.
No. Himadri Speciality Chemical had borrowings of ₹1,156 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.22. Its cash and current investments were ₹636 crore, so its net debt was ₹520 crore.
Himadri Speciality Chemical's basic earnings per share (EPS) were ₹15.08 in FY26, against ₹11.26 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹16.97.
Himadri Speciality Chemical's debt-to-equity ratio was 0.22 on 30 September 2026: borrowings of ₹1,156 crore against total equity of ₹5,188 crore. A year earlier, on 30 September 2025, it was 0.21.
Himadri Speciality Chemical's book value per share was ₹101.77 on 30 September 2026: shareholders' equity of ₹5,135 crore divided by the 50.46 crore shares in issue, up 23.6% from ₹82.33 a year earlier. The share price at the 29 October 2026 close was ₹536.25.
Himadri Speciality Chemical's dividend yield is 0.15% at the 29 October 2026 close: dividends of ₹0.80 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹536.25. They were ₹0.80 on 22 May 2026.
In FY26, Himadri Speciality Chemical's return on equity (ROE) was 17.8% and its return on capital employed (ROCE) was 19.6%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 16.4% and ROCE 21.9%.
Promoters held 52.49% of Himadri Speciality Chemical on 30 September 2026, down 0.01 percentage points from 52.50% the previous quarter and up 0.92 percentage points from 51.57% a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, Himadri Speciality Chemical's shares were held by promoters 52.49%, foreign portfolio investors (FII/FPI) 7.32%, domestic institutions (DII) 2.85% (including mutual funds at 0.73%) and retail and other non-institutional investors 37.33%. Over the year, FII holding was up 1.58 percentage points from 5.74% and DII holding was down 0.37 percentage points from 3.22%.
In 2026, Himadri Speciality Chemical has declared one dividend: ₹0.80 with record date 22 May 2026.
In FY26, Himadri Speciality Chemical generated ₹382 crore of cash from operations and spent ₹450 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹67.7 crore. In FY25 it was ₹276 crore.
Himadri Speciality Chemical's latest results are for Q2 FY27 (July–September 2026), filed on 16 October 2026: consolidated net profit attributable to shareholders ₹232 crore, up 31.5% from ₹177 crore in Q2 FY26; revenue from operations ₹1,691 crore, up 57.9% year on year.
In FY26 (April 2025–March 2026), Himadri Speciality Chemical's consolidated net profit attributable to shareholders was ₹751 crore, up 35.2% from ₹556 crore in FY25, on revenue from operations of ₹4,661 crore (up 1.0%). Over three years, from FY23, net profit was up 247.9%.
Himadri Speciality Chemical has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Himadri Speciality Chemical's PE ratio is 36.0, the third highest of the four: PCBL Chemical 57.0, Graphite India 83.3 and H.E.G 13.8, a peer average of 51.4. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against PCBL Chemical, Graphite India and H.E.G: Himadri Speciality Chemical's operating margin of 19.2% is the highest of the four (PCBL Chemical 8.2%, Graphite India 3.7%, H.E.G 7.2%; peer average 6.4%); its return on equity of 17.8% is the highest of the four (PCBL Chemical 5.1%, Graphite India 3.0%, H.E.G 7.4%; peer average 5.2%); its revenue growth over three years of 3.8% a year is the second highest of the four (PCBL Chemical 12.4% a year, Graphite India −3.6% a year, H.E.G 1.4% a year; peer average 3.4% a year).
In FY26, Himadri Speciality Chemical earned net profit attributable to shareholders of ₹751 crore on revenue of ₹4,661 crore, against ₹198 crore on ₹8,189 crore for PCBL Chemical. Himadri Speciality Chemical's operating margin was 19.2% (PCBL Chemical 8.2%) and its return on equity 17.8% (PCBL Chemical 5.1%). At the 29 October 2026 close, Himadri Speciality Chemical's market capitalisation was ₹27,059 crore against ₹11,286 crore for PCBL Chemical, and its PE ratio on FY26 profit 36.0 against 57.0.
From Himadri Speciality Chemical's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.