This Multibagger Chemical Stock is in focus as it jumped over 5 percent following its Q4FY25 Results with robust Net Profit growth, dividend announcement, and Acquisition Update worth 7.50 Crore from the Company.
Share Price Movement
With a market capitalization of Rs. 23,921 Crore, the stock of Himadri Speciality Chemical opened at Rs. 491.30, up 2.56 percent from yesterday’s close, and after opening, it made a high of Rs. 505, up 5.53 percent. Additionally, the Yearly return for the stock is 39 percent, and the past 5-year return is an impressive 933 percent.
Financial Highlights
The company reported a 3.56 percent YoY decrease in revenue from Rs. 1,177 Crore in Q4FY24 to Rs. 1,135 Crore in Q4FY25. On a QoQ basis, the company reported a marginal decrease of 0.52 percent in revenue from Rs. 1,141 Crore in the previous quarter.
Their Net profit saw an increase of 34.78 percent YoY from Rs. 115 Crore to Rs. 155 Crore for the same period. On a QoQ basis, the company reported an increase of 10.12 percent in Net profit from Rs. 141 Crore in the previous quarter.
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Acquisition and Dividend Announcement
The board approved the acquisition of a 100 percent stake in Elixir Carbo Private Limited for a total consideration of Rs. 7.50 Crore in Cash by purchasing equity shares of the target company. On completion of purchase, it will become a (WOS) Wholly Owned Subsidiary of the Company.
The board has also recommended a final dividend of Rs. 0.60 per equity share of Rs. 1, or 60 percent of the face value, which will be subject to the approval of the shareholders of the Company.
About the Company
Established in 1990, Himadri Speciality Chemical or HSCL is a leading speciality Carbon Company, with a strong presence in both domestic and global markets. It operates across several verticals, including coal tar pitch, advanced carbon materials, carbon black, naphtalene derivatives, and specialty oils.
Written By Abhishek Das
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