Himadri Speciality Chemical (NSE:HSCL) Days Payable: 43.50 (As of Mar. 2026) — 26% Below Median


NSE:HSCL Himadri Speciality Chemical Ltd NSE:HSCL
77 GF Score
Price ₹679.20
GF Value ₹490.96
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Himadri Speciality Chemical Days Payable?

Himadri Speciality Chemical NSE:HSCL +0.55% 77 Days Payable is 43.50 as of Mar. 2026, which is 26% below its 10-year median of 58.42. GuruFocus rates NSE:HSCL with a GF Score™ of 77/100 and a GF Value™ of ₹490.96 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,555 Chemicals companies, Himadri Speciality Chemical ranks worse than 77.23% on this metric.

Himadri Speciality Chemical's average Accounts Payable for the three months ended in Mar. 2026 was ₹3,754 Mil. Himadri Speciality Chemical's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹7,874 Mil. Hence, Himadri Speciality Chemical's Days Payable for the three months ended in Mar. 2026 was 43.50.

The historical rank and industry rank for Himadri Speciality Chemical's Days Payable or its related term are showing as below:

NSE:HSCL' s Days Payable Range Over the Past 10 Years
Min: 32.76   Med: 58.42   Max: 99.62
Current: 32.76

During the past 13 years, Himadri Speciality Chemical's highest Days Payable was 99.62. The lowest was 32.76. And the median was 58.42.

NSE:HSCL's Days Payable is ranked worse than
77.23% of 1555 companies
in the Chemicals industry
Industry Median: 59.95 vs NSE:HSCL: 32.76

Himadri Speciality Chemical's Days Payable increased from Mar. 2025 (29.33) to Mar. 2026 (43.50). It may suggest that Himadri Speciality Chemical delayed paying its suppliers.


Himadri Speciality Chemical Days Payable Historical Data

* Premium members only.

The historical data trend for Himadri Speciality Chemical's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Himadri Speciality Chemical Days Payable Chart

Himadri Speciality Chemical Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.39 62.92 55.00 46.82 38.49

Himadri Speciality Chemical Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.33 30.78 22.88 20.44 43.50

NSE:HSCL vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Himadri Speciality Chemical's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Himadri Speciality Chemical Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Himadri Speciality Chemical's Days Payable distribution charts can be found below:

* The bar in red indicates where Himadri Speciality Chemical's Days Payable falls into.


NSE:HSCL
77GF Score
Himadri Speciality Chemical Ltd NSE:HSCL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Himadri Speciality Chemical Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Himadri Speciality Chemical's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (2393.183 + 3753.979) / 2 ) / 29144.423*365
=3073.581 / 29144.423*365
=38.49

Himadri Speciality Chemical's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 3753.979) / 1 ) / 7873.9*365 / 4
=3753.979 / 7873.9*365 / 4
=43.50

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 43.50 mean?
Himadri Speciality Chemical (NSE:HSCL) has a Days Payable of 43.50 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Himadri Speciality Chemical and its competitors. This is 26% below median its historical median of 58.42. Over the past decade, Himadri Speciality Chemical's Days Payable has ranged from 32.76 to 99.62. According to the industry distribution chart, Himadri Speciality Chemical ranks #1201 out of 1555 companies in the Chemicals industry, placing it in the top 77.2%.
Is Himadri Speciality Chemical's Days Payable too high?
Himadri Speciality Chemical's current Days Payable of 43.50 is 26% below median its 10-year median of 58.42. Over the past 10 years, this metric has ranged from a low of 32.76 to a high of 99.62. The Chemicals industry median Days Payable is 59.95. Himadri Speciality Chemical's value of 43.50 is 27.4% below this industry median. Based on the distribution chart, Himadri Speciality Chemical ranks #1201 out of 1555 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Himadri Speciality Chemical has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Himadri Speciality Chemical's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Himadri Speciality Chemical ranks #1201 out of 1555 companies for Days Payable. This places Himadri Speciality Chemical in the lower half of its industry. The industry median Days Payable is 59.95. Himadri Speciality Chemical's value of 43.50 is 27.4% below this benchmark. Historically, Himadri Speciality Chemical's own Days Payable has ranged from 32.76 to 99.62 over the past decade. While the company's 10-year median is 58.42 vs. the industry median of 59.95, Himadri Speciality Chemical has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Chemicals company?
The median Days Payable among Chemicals companies is 59.95, based on 1,555 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Himadri Speciality Chemical's current Days Payable of 43.50 is 27.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Himadri Speciality Chemical and its competitors. For the Chemicals industry, the median Days Payable is 59.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Himadri Speciality Chemical's current Days Payable is 43.50, which is 26% below median its own 10-year median of 58.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Himadri Speciality Chemical stock overvalued right now?
Based on GuruFocus' analysis, Himadri Speciality Chemical (NSE:HSCL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹490.96, compared to a current price of ₹679.20 — trading 38.3% above its estimated fair value. The current Days Payable is 43.50, which is 26% below median its 10-year median of 58.42 and 27.4% below the Chemicals industry median of 59.95. Himadri Speciality Chemical's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Himadri Speciality Chemical (NSE:HSCL), the current Days Payable is 43.50 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Himadri Speciality Chemical (NSE:HSCL) Overvalued in 2026?

Based on GuruFocus' analysis, Himadri Speciality Chemical stock appears to be overvalued. The current stock price of ₹679.20 is trading 38.3% above its estimated GF Value™ of ₹490.96. GuruFocus considers Himadri Speciality Chemical to be Significantly Overvalued.

Key valuation signals for NSE:HSCL:

  • Days Payable: 43.50 (26% below median its 10-year median of 58.42)
  • GF Value™: ₹490.96 vs. price of ₹679.20 (38.3% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 27.4% below the Chemicals median (#1201 of 1555)

No single metric tells the full story. See the NSE:HSCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Himadri Speciality Chemical Business Description

Other Exchanges 500184:India
Address India Exchange Place, 2nd Floor, Ruby House 8, Kolkata, WB, IND, 700 001
Himadri Speciality Chemical Ltd is an Indian Coal Tar Pitch manufacturer with supplies to aluminium and graphite manufacturers. The company operates its business through two segments, which include Carbon Materials and chemicals; Power; and Others. Through its operating segments, the company serves coal tar pitch to various industries to help manufacture aluminum, graphite electrodes, warhead missiles, lithium-ion batteries, and sulfonated naphthalene formaldehyde. Himadri also generates power through the windmills, which are marketed to the state electricity grid. The majority of its revenue is derived from the Carbon materials and chemicals segment. The group has a business presence in India, where it generates maximum revenue; and Outside India.
77GF Score

Get the complete analysis for NSE:HSCL

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹679.20
Price
₹490.96
GF Value