Himadri Speciality Chemical reports 42.60% jump in net profit, revenue up by 26% in Q1-FY25.

Himadri Speciality Chemical Q1 results: 42.6% YOY to ₹1,200.41 crore

Himadri Speciality Chemical Ltd (HSCL) on Tuesday reported a 40 per cent year-on-year jump in net profit to Rs 123 crore in the first quarter of the current fiscal and said it will retain the traction for the year backed by volume and margin growth.

Himadri Speciality Q1 results: PAT jumps 40% to Rs 123 cr, Ebitda up 43%

Himadri Speciality Chemical consolidated net profit rises 42.33% in the June 2024 quarter

Upcoming results: Alok Industries, Bajaj Auto, Century Textiles & Industries, Crisil, Himadri Speciality Chemical, Jubilant Ingrevia, Just Dial and L&T Finance

Stock Alert: Jio Financial Services, Spicejet, Hatsun Agro Product, Hindustan Unilever (HUL)

📌Stock Of The Day | Buy Himadri Speciality Chemical

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Anil Singhvi's Stock Of The Day | Buy Himadri Speciality Chemical

The profit was higher due to an exceptional loss hurting profits in the base quarter.

Himadri Speciality Chemicals Q2 net profit nearly triples to Rs 101 crore

Himadri Speciality Chemical has become a strategic partner of Dalmia Bharat Refractories to engage in the corporate insolvency resolution process of Birla Tyres

Himadri Specialty hits 52-week high on CoC nod to Birla Tyres’ insolvency resolution plan

ULJK Securities recommends a Buy on the stock of Himadri Speciality Chemical

Broker’s Call: Himadri Speciality Chemical (Buy)

It had posted Rs 38 crore profit after tax (PAT) in the corresponding period in 2022-23, Himadri Speciality Chemical Limited (HSCL) said in a regulatory filing on Tuesday.

Himadri Speciality Chemical Q1 net profit more than doubles to Rs 86 crore

Despite the strong growth in bottomline, the company’s consolidated revenue from operations decreased by 9 percent to Rs 950 crore compared to the same period the previous year.

Himadri Speciality Chemical gains for the second day on positive net profit numbers

Himadri Speciality Chemical looking to capitalise on growth opportunities in the lithium-ion batteries industry

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Himadri Speciality Cheimical Limited, formerly Himadri Chemicals & Industries Limited, is engaged in the business of manufacturing various grades of coal tar pitch and other byproducts derived during the distillation process.