Himadri Share Price Target 2024, 2025, 2030, 2040, 2050
This company’s main work is to make chemicals mainly carbon materials. This company was set up on July 28th 1987.
This company supply its products to the country and also outside, china is the main country which imports its product to their country.
What is Himadri Speciality Chemical Ltd NSE: HSCL?
Contents
- 1 What is Himadri Speciality Chemical Ltd NSE: HSCL?
- 2 Himadri Share Price Target 2024
- 3 Himadri Share Price Target 2025
- 4 Himadri Share Price Target 2030
- 5 Himadri Share Price Target 2040
- 6 Summary
- 7 Should I Buy Himadri Stock?
- 8 Himadri Ltd Earning Results
- 9 Is Himadri Stock Good to Buy? (Bull case & Bear case)
- 10 Conclusion
- 11 FAQs
Himadri Speciality Chemical makes carbon materials and chemicals. It designs and manufactures chemicals for textile, oil and gas, chemical intermediates, consumer care, and other industries. The Company is set up in India and supplies to both domestic and international markets.
It is the No.1 coal tar manufacturer in India and is the only company to manufacture advanced carbon material in India. The Company’s product segments include coal tar pitch, carbon black, naphthalene and refined naphthalene, sulfonated naphthalene formaldehyde (SNF), and speciality oils. Its value-added products include aluminium-grade pitch and battery Material for Lithium-ion Batteries.
As we know it makes chemicals, mainly carbon chemicals in its factory. The products contain Lithium-ion batteries, plastic, tyres etc. Not many companies are in this sector so this company has very little competition. Also, the company produce a variety of products so it has the potential to grow more in the market. So by considering all these factors its price target in 2024 should be 600 rs.
| Year | Minimum Price | Maximum Price |
| 2024 | 240 | 600 |
The company has generated a very good amount due to its excellent quality and supply. Also after making lithium-ion batteries, its share price also got a boost. It is getting offers for partnerships with electric vehicles. Big companies like Vedanta, MRF, Apollo, Pidilite, Hindalco, and CEAT are customers of HSCL.
By providing high-quality products, the company is growing very fast. its customers increased both in the country and around the world. In 2025 its price target could be 780 rs and it can retrace on the 550rs level.
| Year | Minimum Price | Maximum Price |
| 2025 | 550 | 780 |
In India, there is only one company that makes a lot of the raw materials for these batteries. As the demand for electric products like electric cars, smartphones, and laptops grows, the need for lithium-ion batteries also increases. So, as more people use these batteries, this company will benefit. Right now, about 15 per cent of the company’s revenue comes from selling to other countries.
The management wants to increase this quickly in the next few years, so they are expanding into new markets. After China, India is becoming the second most promising market for making these batteries and will see big growth in this area. The price target for the year 2030 will be 1660rs.
| Year | Minimum Price | Maximum Price |
| 2030 | 1400 | 1660 |
So the government of India want to be self-dependent in future. And to do this we need to buy less from other countries and sell more to them. This is the main reason to switch to electric vehicles as it makes us dependent free from petrol and diesel. Himadri is India’s top company for making Lithium Ion batteries.
Also To stay competitive for a long time, it needs to keep updated with new ideas for its products. It spends a lot of money on research and development which helps it to be at the top of the market. In the year 2040, the price target should be 3400 rs per share.
| Year | Minimum Price | Maximum Price |
| 2040 | 3100 | 3400 |
Himadri Share Price Target 2050
The company has a lot of potential to grow in the future. Himadri has a big share in its industry. They are focusing more on developing chemicals for lithium-ion batteries, which will create big opportunities for growth in the future. Also, increasing their yearly investment in new developments shows that the company will definitely benefit from these efforts in their business.
HSCL might benefit in the future from the government’s efforts to encourage more people to buy electric cars. So for the year 2050, the decent price should be 9000rs per share.
| Year | Minimum Price | Maximum Price |
| 2050 | 7500 | 9000 |
Summary
Should I Buy Himadri Stock?
It makes multiple products in its factory, coal tar, carbon black, naphthalene and much more. So as it produces multiple things there growth is not dependent on one product. So if there are any changes in the production or supply of any one product it will not impact much on the company.
Also, it starts making lithium-ion batteries which a good news for it. Its fundamentals are good, having very little debt and its chart pattern is doing well too so you can take risks with this stock.
Himadri Ltd Earning Results
Quarterly – Himadri Speciality Chemical Q4 Results
*All figures in crores except per share values
| Fiscal Period | Mar 24 | Dec 22 | QoQ Comp | Mar 23 | YoY Comp |
| Total Revenue | 1,176.95 | 1,037.39 | 11.82% | 1,028.90 | 14.39% |
| Selling/ General/ Admin Expenses Total | 29.59 | 21.11 | 10.04% | 21.53 | 37.42% |
| Depreciation/ Amortization | 12.61 | 12.85 | -0.86% | 12.32 | 2.37% |
| Other Operating Expenses Total | 117.49 | 91.24 | 20.79% | 100.78 | 16.58% |
| Total Operating Expense | 1,010.06 | 945.34 | 13.32% | 915.67 | 10.31% |
| Operating Income | 166.89 | 92.05 | 3.54% | 113.23 | 47.38% |
| Net Income Before Taxes | 165.73 | 79.47 | 10.38% | 110.59 | 49.86% |
| Net Income | 115.16 | 65.19 | 5.83% | 76.26 | 51.02% |
| Diluted Normalized EPS | 2.41 | 1.55 | -2.43% | 1.79 | 34.28% |
Is Himadri Stock Good to Buy? (Bull case & Bear case)
Bull Case:
- It is a leading producer of speciality chemicals used in many industries, which keeps it in high demand.
- As more people buy electric cars, the demand for the batteries will increase.
- Developing new, advanced products can give this company a tough company over competitors and improve profits.
- Working with other big companies can open new opportunities and add stability.
Bear Case:
- If the cost of raw materials rises, it can hurt the company’s profits.
- Other companies might take away market share or force Himadri to lower prices.
- Issues with expansion, like delays or extra costs, could impact its growth.
Conclusion
As we have discussed its potential. We have shared multiple time frame analyses and predicted target prices. Also, the company base is stronger. The company regularly registered profit in its yearly financial results. The company does not have much debt. So it had a bright future ahead as of now it looks like.
FAQs
