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Himadri Speciality Chemical (NSE:HSCL) Return-on-Tangible-Equity : 17.10% (As of Mar. 2025)


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What is Himadri Speciality Chemical Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Himadri Speciality Chemical's annualized net income for the quarter that ended in Mar. 2025 was ₹6,223 Mil. Himadri Speciality Chemical's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹36,403 Mil. Therefore, Himadri Speciality Chemical's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 17.10%.

The historical rank and industry rank for Himadri Speciality Chemical's Return-on-Tangible-Equity or its related term are showing as below:

NSE:HSCL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.19   Med: 11.32   Max: 21.32
Current: 16.59

During the past 13 years, Himadri Speciality Chemical's highest Return-on-Tangible-Equity was 21.32%. The lowest was -2.19%. And the median was 11.32%.

NSE:HSCL's Return-on-Tangible-Equity is ranked better than
84.49% of 1534 companies
in the Chemicals industry
Industry Median: 5.405 vs NSE:HSCL: 16.59

Himadri Speciality Chemical Return-on-Tangible-Equity Historical Data

The historical data trend for Himadri Speciality Chemical's Return-on-Tangible-Equity 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.

* Premium members only.

Himadri Speciality Chemical Return-on-Tangible-Equity Chart

Himadri Speciality Chemical Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 2.24 10.42 15.43 16.62

Himadri Speciality Chemical Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Equity 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 15.13 16.11 16.09 16.89 17.10

Competitive Comparison of Himadri Speciality Chemical's Return-on-Tangible-Equity

For the Specialty Chemicals subindustry, Himadri Speciality Chemical's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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's Return-on-Tangible-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Himadri Speciality Chemical's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Himadri Speciality Chemical's Return-on-Tangible-Equity falls into.


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Himadri Speciality Chemical Return-on-Tangible-Equity Calculation

Himadri Speciality Chemical's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=5556.2/( (30447.53+36403.3 )/ 2 )
=5556.2/33425.415
=16.62 %

Himadri Speciality Chemical's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=6223.2/( (0+36403.3)/ 1 )
=6223.2/36403.3
=17.10 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Himadri Speciality Chemical  (NSE:HSCL) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Himadri Speciality Chemical Return-on-Tangible-Equity Related Terms

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Himadri Speciality Chemical Business Description

Traded in Other Exchanges
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; and Power. 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 and Outside India.

Himadri Speciality Chemical Headlines

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