The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Himadri Speciality Chemical Limited is an India-based global specialty chemical company with a focus on research and development (R&D) and sustainability. The Company develops raw materials of lithium-ion battery value chain. It is primarily engaged in the manufacturing of…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, fast-growing business, trading cheap versus its own history.
Himadri Speciality Chemicals is scored on the general / industrial framework. It keeps a healthy 15.6% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.51×) — worth a closer look. Free cash flow is worth about -2.0% of its market value.
Over the last 3 years revenue compounded at 5%/yr and profit at 52%/yr. Book value itself has compounded 28%/yr — the hallmark of a genuine compounder. Return on equity is a healthy 16.6%. In the latest quarter profit grew 1% versus the prior quarter.
At 38× earnings, the stock sits at the 18th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price implies ~16%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 33.38 | — | — |
| P/B | 5.59 | 2.66 | worse |
| EV/EBITDA | 22.59 | 9.95 | worse |
| ROE | 16.65 | — | — |
| ROCE | 19.3 | 70.06 | worse |
| ROA | 12.32 | 54 | worse |
| Quick Ratio | 1.67 | 2.26 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Pidilite Industries | 59.1 | 14.3 | 23.9% |
| SRF | 32.3 | 4.8 | 14.9% |
| Linde India | 118.3 | 13.3 | 11.3% |
Revenue has grown every year across all 4 financial years shown. 5% CAGR — growing but slowly. Growth is decelerating — latest year grew slower than the year before.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (52% vs 5%) — margin expansion is at work. The latest year saw a +36% swing — check if it's a one-off or structural.
Operating margin has expanded from 7% to 21% — the business is keeping more of each rupee earned. The gap between operating and net margin is widening — interest or tax costs are rising.
ROE at 16% — a respectable return on shareholder capital. Capital efficiency improving — ROE up 6pp across the window.
EPS has grown every year — each share earns more than the last, consistently. Profit grew faster than EPS (52% vs 43%) — share dilution is eroding per-share value. 43% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Investing outflows exceed operating cash — the company relies on external funding to finance expansion. Raising capital despite positive cash flow — could signal expansion plans or opportunistic fundraising.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 16% sequentially — momentum is building. Run-rate stepping up — recent quarters average 25% above earlier ones.
Quarterly margins are compressing (16% → 13%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 52.5% — majority control intact. FIIs have accumulated for 3 straight quarters — sustained foreign institutional conviction.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.