Is Himadri Speciality Chemical the Best Stock in Its Sector? A Look at the Numbers
- September 28, 2026
- Posted by: Kunal Singla
- Category: Market
Himadri Speciality Chemical CMP Rs 673 (28 Sep 2026). Market cap Rs 34,253 Cr. ROE 15.96%. P/E 42.59x versus Industry P/E 36.93x.
Quick Answer
Himadri Speciality Chemical is one of the names investors compare when screening the Chemicals sector, built on a 15.96% return on equity and a P/E of 42.59x against an Industry P/E of 36.93x. Whether Himadri Speciality Chemical is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Chemicals sector peers, so you can judge that for yourself.
Is Himadri Speciality Chemical the best stock in its sector? The stock trades on the NSE at Rs 673 as of 28 September 2026, within its 52-week range of Rs 418.50 to Rs 819.50. Himadri Speciality Chemical Ltd makes carbon black, coal tar pitch and specialty chemicals.
Himadri Speciality Chemical sits in the Chemicals sector, and its 15.96% ROE and 42.59x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
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About Himadri Speciality Chemical
Himadri Speciality Chemical Ltd makes carbon black, coal tar pitch and specialty chemicals. The stock is trading in the upper half of its 52-week range. At a market capitalisation of Rs 34,253 Cr, it is tracked as part of the Chemicals sector on Univest.
Is Himadri Speciality Chemical the Best Stock in Its Sector?
Himadri Speciality Chemical makes its case as the best stock in its sector primarily on return on equity and balance sheet strength, combining a 15.96% ROE with a 42.59x P/E against the sector’s 36.93x Industry P/E. Himadri Speciality Chemical’s 42.59x P/E is above the 36.93x Industry P/E and a 7.28x price to book already prices in a successful shift into battery materials.
| Metric | Himadri Speciality Chemical |
|---|---|
| CMP (NSE) | Rs 673.05 |
| 52-Week High / Low | Rs 819.50 / Rs 418.50 |
| Market Cap | Rs 34,253 Cr |
| P/E (TTM) vs Industry P/E | 42.59x vs 36.93x |
| P/B | 7.28 |
| ROE | 15.96% |
| EPS (TTM) | Rs 15.94 |
| Dividend Yield | 0.12% |
| Debt to Equity | 0.16 |
Compare Himadri Speciality Chemical Against Other Chemicals Sector Stocks
How Himadri Speciality Chemical Compares Against Its Chemicals Sector Peers
The table below sets Himadri Speciality Chemical against 2 other Chemicals sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Himadri Speciality Chemical | 34,253 | 42.59 | 15.96% | 0.16 |
| Epigral | 4,624 | 17.06 | 14.94% | 0.26 |
| Gulshan Polyols | 1,065 | 7.22 | 14.91% | 0.44 |
| Peer average (2 companies) | – | 12.14 | 14.93% | 0.35 |
Against this peer set, Himadri Speciality Chemical’s 15.96% ROE is above the 14.93% peer average, and its P/E of 42.59x runs above the peer average of 12.14x. Himadri Speciality Chemical’s 42.59x P/E is above the 36.93x Industry P/E and a 7.28x price to book already prices in a successful shift into battery materials.
What Makes Himadri Speciality Chemical Worth Watching in Chemicals
- Strong ROE: A 15.96% ROE is a healthy figure for a specialty carbon and chemicals producer.
- Low leverage: A debt to equity ratio of 0.16 supports its capacity expansion plans.
- Battery materials optionality: Its move into battery anode materials gives Himadri exposure to a fast growing end market.
Himadri Speciality Chemical Valuation: Is It Justified?
Himadri Speciality Chemical’s 42.59x P/E is above the 36.93x Industry P/E and a 7.28x price to book already prices in a successful shift into battery materials. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
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Download the Univest iOS App or Univest Android App to track Himadri Speciality Chemical and other Chemicals sector stocks.
How to Track Himadri Speciality Chemical Before You Invest
Before deciding whether Himadri Speciality Chemical deserves its label as the best stock in its sector for your own portfolio, compare it directly against Chemicals sector peers using the steps below.
- Open the Univest Screener and search for Himadri Speciality Chemical to view live price, valuation ratios, and peer comparisons within the Chemicals sector.
- Compare its P/E, P/B, and ROE against other Chemicals sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Himadri Speciality Chemical earns a place in the best stock in its sector conversation on the strength of a 15.96% ROE and a P/E of 42.59x against a 36.93x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Himadri Speciality Chemical the best stock in its sector?
Ans. Himadri Speciality Chemical has a 15.96% ROE and trades at 42.59x P/E against a 36.93x Industry P/E, and compares above the peer average ROE of 14.93% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Himadri Speciality Chemical?
Ans. Himadri Speciality Chemical was trading at Rs 673.05 on the NSE as of 28 September 2026, within its 52-week range of Rs 418.50 to Rs 819.50.
What sector does Himadri Speciality Chemical belong to?
Ans. Himadri Speciality Chemical is classified under the Chemicals sector on Univest.
How does Himadri Speciality Chemical compare to its sector peers on P/E?
Ans. Himadri Speciality Chemical’s P/E of 42.59x is above the 12.14x average of the 2 named peers compared in this article.
What is Himadri Speciality Chemical’s return on equity?
Ans. Himadri Speciality Chemical reported a return on equity of 15.96%, which is above the 14.93% average of its named peers in this comparison.
Should I invest in Himadri Speciality Chemical based on its sector position?
Ans. Himadri Speciality Chemical’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
