Himadri Speciality Chemical Limited
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 also offers anode materials, LFP cathodes, and recycling materials. In addition, the company offers SDS, TDS, ASTM, and carbon black; tyre, plastics, ink, and coatings; refined naphthalene, coal t… Read more
Himadri Speciality Chemical Limited (HSCL) - Net Assets
Latest net assets as of September 2025: ₹40.96 Billion INR
Based on the latest financial reports, Himadri Speciality Chemical Limited (HSCL) has net assets worth ₹40.96 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹55.18 Billion) and total liabilities (₹14.21 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹40.96 Billion |
| % of Total Assets | 74.24% |
| Annual Growth Rate | 26.01% |
| 5-Year Change | 110.41% |
| 10-Year Change | 345.27% |
| Growth Volatility | 67.58 |
Himadri Speciality Chemical Limited - Net Assets Trend (2005–2025)
This chart illustrates how Himadri Speciality Chemical Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Himadri Speciality Chemical Limited (2005–2025)
The table below shows the annual net assets of Himadri Speciality Chemical Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹37.71 Billion | +23.93% |
| 2024-03-31 | ₹30.43 Billion | +33.59% |
| 2023-03-31 | ₹22.78 Billion | +22.13% |
| 2022-03-31 | ₹18.65 Billion | +4.06% |
| 2021-03-31 | ₹17.92 Billion | +3.38% |
| 2020-03-31 | ₹17.34 Billion | +6.27% |
| 2019-03-31 | ₹16.31 Billion | +15.35% |
| 2018-03-31 | ₹14.14 Billion | +37.36% |
| 2017-03-31 | ₹10.30 Billion | +21.59% |
| 2016-03-31 | ₹8.47 Billion | +7.36% |
| 2015-03-31 | ₹7.89 Billion | -0.92% |
| 2014-03-31 | ₹7.96 Billion | -10.34% |
| 2013-03-31 | ₹8.88 Billion | -0.90% |
| 2012-03-31 | ₹8.96 Billion | +5.94% |
| 2011-03-31 | ₹8.46 Billion | +14.88% |
| 2010-03-31 | ₹7.36 Billion | +91.82% |
| 2009-03-31 | ₹3.84 Billion | +12.57% |
| 2008-03-31 | ₹3.41 Billion | +42.31% |
| 2007-03-31 | ₹2.40 Billion | +312.08% |
| 2006-03-31 | ₹581.42 Million | +57.10% |
| 2005-03-31 | ₹370.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Himadri Speciality Chemical Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 368319.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹22.58 Billion | 60.68% |
| Common Stock | ₹493.80 Million | 1.33% |
| Other Comprehensive Income | ₹4.05 Billion | 10.87% |
| Other Components | ₹10.09 Billion | 27.12% |
| Total Equity | ₹37.22 Billion | 100.00% |
Himadri Speciality Chemical Limited Competitors by Market Cap
The table below lists competitors of Himadri Speciality Chemical Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chongqing Department Store Co Ltd
SHG:600729
|
$939.47 Million |
|
Xinyu Iron & Steel Co Ltd
SHG:600782
|
$939.51 Million |
|
Green Thumb Industries Inc
OTCQX:GTBIF
|
$939.64 Million |
|
Luoniushan Co Ltd
SHE:000735
|
$939.65 Million |
|
Crayon Group Holding ASA
PINK:CRAYF
|
$939.16 Million |
|
EDION CORP.
F:9H2
|
$939.12 Million |
|
FPT Digital Retail JSC
VN:FRT
|
$939.05 Million |
|
Huapont Life Sciences Co Ltd
SHE:002004
|
$939.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Himadri Speciality Chemical Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 30,455,752,000 to 37,217,400,000, a change of 6,761,648,000 (22.2%).
- Net income of 5,556,336,000 contributed positively to equity growth.
- Dividend payments of 246,800,000 reduced retained earnings.
- Share repurchases of 924,427,000 reduced equity.
- New share issuances of 924,500,000 increased equity.
- Other comprehensive income increased equity by 1,040,849,000.
- Other factors increased equity by 411,190,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹5.56 Billion | +14.93% |
| Dividends Paid | ₹246.80 Million | -0.66% |
| Share Repurchases | ₹924.43 Million | -2.48% |
| Share Issuances | ₹924.50 Million | +2.48% |
| Other Comprehensive Income | ₹1.04 Billion | +2.8% |
| Other Changes | ₹411.19 Million | +1.1% |
| Total Change | ₹- | 22.20% |
Book Value vs Market Value Analysis
This analysis compares Himadri Speciality Chemical Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.97x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 308.09x to 5.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹1.45 | ₹446.95 | x |
| 2006-03-31 | ₹2.28 | ₹446.95 | x |
| 2007-03-31 | ₹8.68 | ₹446.95 | x |
| 2008-03-31 | ₹10.45 | ₹446.95 | x |
| 2009-03-31 | ₹11.09 | ₹446.95 | x |
| 2010-03-31 | ₹21.19 | ₹446.95 | x |
| 2011-03-31 | ₹21.87 | ₹446.95 | x |
| 2012-03-31 | ₹22.09 | ₹446.95 | x |
| 2013-03-31 | ₹22.99 | ₹446.95 | x |
| 2014-03-31 | ₹20.63 | ₹446.95 | x |
| 2015-03-31 | ₹20.44 | ₹446.95 | x |
| 2016-03-31 | ₹21.92 | ₹446.95 | x |
| 2017-03-31 | ₹24.62 | ₹446.95 | x |
| 2018-03-31 | ₹33.81 | ₹446.95 | x |
| 2019-03-31 | ₹38.96 | ₹446.95 | x |
| 2020-03-31 | ₹41.42 | ₹446.95 | x |
| 2021-03-31 | ₹42.81 | ₹446.95 | x |
| 2022-03-31 | ₹44.58 | ₹446.95 | x |
| 2023-03-31 | ₹54.18 | ₹446.95 | x |
| 2024-03-31 | ₹67.89 | ₹446.95 | x |
| 2025-03-31 | ₹74.85 | ₹446.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Himadri Speciality Chemical Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.93%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.05%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 1.25x
- Recent ROE (14.93%) is above the historical average (11.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 15.54% | 4.62% | 0.95x | 3.52x | ₹20.49 Million |
| 2006 | 41.35% | 13.95% | 0.70x | 4.21x | ₹182.26 Million |
| 2007 | 25.70% | 18.89% | 0.68x | 2.00x | ₹376.11 Million |
| 2008 | 24.32% | 22.82% | 0.59x | 1.80x | ₹488.17 Million |
| 2009 | 12.18% | 12.45% | 0.46x | 2.13x | ₹83.66 Million |
| 2010 | 14.62% | 21.21% | 0.39x | 1.76x | ₹338.99 Million |
| 2011 | 13.42% | 16.18% | 0.37x | 2.22x | ₹288.74 Million |
| 2012 | 6.40% | 5.00% | 0.51x | 2.51x | ₹-321.50 Million |
| 2013 | 1.06% | 0.70% | 0.56x | 2.73x | ₹-792.31 Million |
| 2014 | -7.16% | -4.08% | 0.56x | 3.14x | ₹-1.37 Billion |
| 2015 | -1.58% | -0.86% | 0.64x | 2.84x | ₹-912.81 Million |
| 2016 | -2.19% | -1.57% | 0.58x | 2.40x | ₹-1.03 Billion |
| 2017 | 8.04% | 6.16% | 0.61x | 2.13x | ₹-202.35 Million |
| 2018 | 17.49% | 12.24% | 0.79x | 1.82x | ₹1.06 Billion |
| 2019 | 19.87% | 13.38% | 0.87x | 1.71x | ₹1.61 Billion |
| 2020 | 11.85% | 11.38% | 0.70x | 1.48x | ₹320.61 Million |
| 2021 | 2.65% | 2.83% | 0.60x | 1.56x | ₹-1.32 Billion |
| 2022 | 2.19% | 1.47% | 0.81x | 1.85x | ₹-1.46 Billion |
| 2023 | 9.47% | 5.18% | 1.13x | 1.61x | ₹-120.73 Million |
| 2024 | 13.49% | 9.82% | 0.94x | 1.46x | ₹1.06 Billion |
| 2025 | 14.93% | 12.05% | 0.99x | 1.25x | ₹1.83 Billion |
Industry Comparison
This section compares Himadri Speciality Chemical Limited's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $2,571,777,102
- Average return on equity (ROE) among peers: 15.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Himadri Speciality Chemical Limited (HSCL) | ₹40.96 Billion | 15.54% | 0.35x | $939.39 Million |
| Aarti Industries Limited (AARTIIND) | $8.75 Billion | 18.56% | 2.05x | $1.01 Billion |
| Aarti Surfactants Limited (AARTISURF) | $2.18 Billion | 9.78% | 0.94x | $15.14 Million |
| ABM International Limited (ABMINTLLTD) | $214.51 Million | 3.09% | 0.89x | $294.24K |
| ACUTAAS CHEMICALS LTD (ACUTAAS) | $5.94 Billion | 14.02% | 0.29x | $247.08K |
| Advanced Enzyme Technologies Limited (ADVENZYMES) | $984.09 Million | 34.30% | 2.55x | $95.16 Million |
| Agarwal Industrial Corporation Limited (AGARIND) | $739.40 Million | 9.29% | 0.98x | $26.89 Million |
| Alkali Metals Limited (ALKALI) | $513.80 Million | 2.54% | 0.73x | $1.88 Million |
| Alkyl Amines Chemicals Limited (ALKYLAMINE) | $3.79 Billion | 22.71% | 1.01x | $204.91 Million |
| Ami Organics Limited (AMIORG) | $107.73 Million | 26.58% | 2.59x | $704.27 Million |
| Anupam Rasayan India Limited (ANURAS) | $2.50 Billion | 13.94% | 1.53x | $318.75 Million |