ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Himadri Speciality Chemical's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 23.89%.
As of today (2026-06-26), Himadri Speciality Chemical's WACC % is 16.12%. Himadri Speciality Chemical's ROC % is 19.22% (calculated using TTM income statement data).
Himadri Speciality Chemical generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
Himadri Speciality Chemical (NSE:HSCL) ROC % Explanation
ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Himadri Speciality Chemical's WACC % is 16.12%. Himadri Speciality Chemical's ROC % is 19.22% (calculated using TTM income statement data).
Himadri Speciality Chemical generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
Be Aware
Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
* 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.
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) data.
The tax rate is limited to between 0% and 100%.
* 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 (NSE:HSCL) has a ROC % of 23.89% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Himadri Speciality Chemical and its competitors.
Is Himadri Speciality Chemical's ROC % too high?
Himadri Speciality Chemical's current ROC % is 23.89%. The Chemicals industry median ROC % is 4.46. Himadri Speciality Chemical's value of 23.89% is 435.7% above this industry median. Overall, Himadri Speciality Chemical has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Himadri Speciality Chemical's ROC % compare to LIN and SHW?
Himadri Speciality Chemical's ROC % of 23.89% can be compared against companies in the Chemicals industry. The industry median ROC % is 4.46. Himadri Speciality Chemical's value of 23.89% is 435.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Chemicals company?
The median ROC % among Chemicals companies is 4.46, based on 1,585 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Himadri Speciality Chemical's current ROC % of 23.89% is 435.7% above 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Himadri Speciality Chemical and its competitors. For the Chemicals industry, the median ROC % is 4.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Himadri Speciality Chemical's current ROC % is 23.89%. 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 ₹488.45, compared to a current price of ₹678.10 — trading 38.8% above its estimated fair value. The current ROC % is 23.89% and 435.7% above the Chemicals industry median of 4.46. Himadri Speciality Chemical's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Himadri Speciality Chemical (NSE:HSCL), the current ROC % is 23.89% 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 ₹678.10 is trading 38.8% above its estimated GF Value™ of ₹488.45.
GuruFocus considers Himadri Speciality Chemical to be Significantly Overvalued.
Key valuation signals for NSE:HSCL:
ROC %: 23.89%
GF Value™: ₹488.45 vs. price of ₹678.10 (38.8% above fair value)
Industry Position: 435.7% above the Chemicals median
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 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.
79GF Score
Get the complete analysis for NSE:HSCL
ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:HSCL has been successfully added to your 
