Himadri Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

Carbon materials and Chemical are made by Himadri Specialty Chemical. Best coal pitch maker of the nation is this organization and it stays the sole producer of complex carbon material. This company is also the nation’s largest stakeholder in Naphthalene and Sodium Naphthalene Formaldehyde (SNF). They have 8 plants out of which 7 are in India and 1 is in China. The organization has now moved its regard for the lithium-particle batteries area where it looks to make battery materials.

Himadri Share Price Target 2024-2030

The primary business of Himadri Speciality Chemicals is the production of carbon-based chemicals and materials. Himadri Speciality Chemicals is India’s leading manufacturer of advanced carbon material and coal pitch, respectively. Himadri Speciality Chemicals is India’s most significant player in Naphthalene and SNF. Considering this, a creation unit costing Rs 48 billion is to be laid out for two lakh metric lots of Lithium-particle Battery parts.

Himadri Share Price Target Today Update

• According to the Himadri Share Price Prediction the upsides of offers for next 5 as well as next 10 years are anticipated.
• According to the Himadri Share Price Prediction 2025 the worth of offers will be arrived at till 653.78INR.
• According to the Himadri Share Price Prediction 2030 the worth of offers will be arrived at till 910.44INR.
• The organization is in the red, but the net obligation is relatively low when contrasted with the past quarters finished, the purpose for the low net obligation is the money hold of 2.56 billion kept up with by the organization.
• The Last profit given by the organization is 0.25 per share that is 25%.
• Himadri Share Price Targets have been established, and as a result, it is anticipated that the value of the company’s shares will rise in the future.

What is Himadri Speciality Chemical Ltd?

Chemicals and carbon materials are produced by Himadri Speciality Chemical. Chemicals for the textile, oil and gas, chemical intermediates, consumer care, and other industries are designed and produced by it. The Organization is set up in India and supplies to both homegrown and worldwide business sectors. Coal tar pitch, carbon black, naphthalene and refined naphthalene, sulfonated naphthalene formaldehyde (SNF), and specialty oils are the company’s product segments. Its worth added items incorporate aluminum-grade pitch and battery Material for Lithium-particle Batteries.

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Himadri Business Profile

The company operates in coal tar pitch, carbon black, naphthalene and refined naphthalene, SNF, and specialty oils, among other specialties. The previous quarters saw the company incur debt; however, this quarter, the net debt is decreasing as a result of the company’s cash reserve. The income of the organization has likewise been brought up in this quarter which shows a superior exhibition of the organization relatively.

Manufacturing Capabilities

Out of 7 manufacturing facilities in India that have a place with the organization, 4 are tracked down in West Bengal, with every one of the excess two being in Chhattisgarh and Odisha. There is likewise one in Andhra Pradesh, other than one in China. The company had a CTD capacity of 500,000 MTPA, a CB capacity of 180,000 MTPA, a SNF capacity of 68,000 MTPA, a Advanced Carbon capacity of 600 MTPA, and a captive power plant (CPP) capacity of 20 MW as of March 31, 2021.

Industrial Application

In a ton of businesses like – Paints, Plastic and Fiber, Hostile to Destructive Material, Guard, Aluminum, Lodging, Elastic enterprises, Power, and so on, they use things from this organization.

Marquee Clients

The organization is well referred to for its clients, for example, Vedanta, MRF tires, Apollo tires, Pidilite, Hindalco, Cooper Standard, Birla Tires, CEAT, Goodyear and so on. The focal point of The Co. presently is on the assembling of unrefined substances utilized in the development of lithium-particle batteries . It is on course with the shift to Electric vehicle and is currently thinking of an extremely impressive differentiators for the two.

Government Policies

One of the swiftest-developing economies worldwide is India. By taking advantage of current trends, India Chem-2021 aims to position India at the forefront of global chemicals and petrochemicals. In order to achieve this goal, the government has launched twelve PLI programs in a variety of fields that will benefit the country’s chemical industry both in the long run and right away. By 2025, the government intends to invest Rs. 8 trillion in the chemical industry.

Himadri Fundamentals & Quarterly Results

Market Cap	₹ 17,245 Cr.
Current Price	₹ 350
High / Low	₹ 399 / 117
Stock P/E	42.0
Book Value	₹ 61.8
Dividend Yield	0.07 %
ROCE	19.1 %
ROE	15.7 %
Face Value	₹ 1.00
Debt to equity	0.20
Debt Capacity	0.07
Debt preceding year	₹ 842 Cr.
Debt	₹ 605 Cr.
Reserves	₹ 2,996 Cr.
EPS	₹ 8.34
EPS last year	₹ 8.34
Pledged percentage	0.00 %
FCF Prev Ann	₹ -22.3 Cr.
EVEBITDA	24.9
Industry PE	36.2
PEG Ratio	8.68
Piotroski score	6.00
Earnings yield	3.69 %
Sales growth 5Years	11.6 %

Himadri Quarterly Results

	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Sales	834	1,047	1,059	1,037	1,029	951	1,005	1,053	1,177
Expenses	790	975	962	932	903	817	847	879	997
Operating Profit	44	72	97	105	126	134	158	174	180
OPM %	5%	7%	9%	10%	12%	14%	16%	17%	15%
Other Income	-23	2	-22	8	11	10	10	10	12
Interest	11	13	20	20	13	13	16	21	14
Depreciation	13	13	13	13	12	12	12	13	13
Profit before tax	-3	48	42	79	111	119	139	150	166
Tax %	-163%	20%	15%	18%	31%	28%	28%	28%	30%
Net Profit	-9	39	36	65	76	86	101	109	115
EPS in Rs	-0.17	0.92	0.86	1.55	1.76	1.96	2.29	2.47	2.34

CAGR Report

Metric	10 Years	5 Years	3 Years	TTM (Trailing Twelve Months)
Compounded Sales Growth	12%	12%	36%	0%
Compounded Profit Growth	25%	5%	106%	73%
Stock Price CAGR	28%	28%	92%	196%
Return on Equity (ROE)	10%	10%	11%	11%

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Himadri Shareholding Pattern

Shareholder	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Promoters (%)	48.95%	48.95%	48.93%	48.90%	45.43%	45.43%	45.61%	50.29%
FIIs (%)	0.73%	2.16%	2.43%	1.69%	0.64%	1.66%	2.36%	5.13%
DIIs (%)	0.09%	0.62%	1.64%	2.76%	0.01%	0.00%	0.48%	2.12%
Public (%)	50.23%	48.27%	47.00%	46.65%	53.92%	52.91%	51.54%	42.47%
No. of Shareholders	22,764	70,038	82,778	1,06,031	2,41,043	3,42,971	2,80,985	4,36,700

Himadri Share Price Target 2024-2030

Year	Share Price Target
2024	₹459
2025	₹527
2026	₹596
2027	₹664
2028	₹732
2029	₹798
2030	₹868

Himadri Share Price Target 2025

Month	Share Price Target
January	₹464
February	₹474
March	₹461
April	₹468
May	₹473
June	₹482
July	₹488
August	₹500
September	₹508
October	₹516
November	₹521
December	₹527

Himadri Share Price Target 2026

Month	Share Price Target
January	₹532
February	₹538
March	₹530
April	₹537
May	₹542
June	₹550
July	₹556
August	₹569
September	₹578
October	₹585
November	₹589
December	₹596

Himadri Share Price Target 2027

Months	Target Prices
January	618
February	627
March	618
April	613
May	619
June	625
July	640
August	645
September	652
October	649
November	658
December	664

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Himadri Share Price Target 2028

Months	Target Prices
January	672
February	668
March	660
April	665
May	670
June	676
July	684
August	693
September	700
October	715
November	726
December	732

Himadri Share Price Target 2029

Months	Target Prices
January	740
February	733
March	726
April	729
May	733
June	738
July	745
August	760
September	779
October	789
November	794
December	798

Himadri Share Price Target 2030

Months	Target Prices
January	807
February	801
March	794
April	802
May	808
June	814
July	820
August	832
September	840
October	848
November	858
December	868

Points Before Investing in Himadri Specialty Chemical limited:-

• Share prices are constantly changing, so keep an eye on them because they can rise or fall in an hour on stock exchanges.
• Continuously contribute as per your capacities, don’t over put resources into any of the stocks as chances of misfortunes are equivalent to that of chances of benefit.
• Continuously remember the fundamental data connecting with the stocks you have contributed.
• Check the financials of the organization including the different monetary proportions and the cost proportions along with the liquidity position of the organization.
• The assets where you will contribute check all the data connecting with the asset including the classifications, type, accessibility and returns of such assets.
• Continuously watch out for the worth of offers before as well as in the wake of money management as it can change anytime of time.
• Before making an investment, it is important to take note of the dividend policies and their effects on taxes because they change every quarter or at the end of a financial year.

Final Words

Himadri Specialty Chemical limited is one of the recorded organizations and exchanges it shares on the stock trades and give the expected profit to its investors in the wake of carrying out the expense conditions, the exhibition of organization in the stock trades is very well as the qualities are expanding yet in an exceptionally sluggish way as there is 2.10 percent expansion in the worth of offers when contrasted with the past shutting value and is as of now exchanging at 344.90INR.