The historical rank and industry rank for Himadri Speciality Chemical's ROE % or its related term are showing as below:
NSE:HSCL'
s ROE % Range Over the Past 10 Years
Min: 2.24 Med: 13.82 Max: 21.29
Current: 18.04
During the past 13 years, Himadri Speciality Chemical's highest ROE % was 21.29%. The lowest was 2.24%. And the median was 13.82%.
NSE:HSCL's ROE % is ranked better than 90.45% of 1591
companies
in the Chemicals industry
Industry Median: 5.19
vs NSE:HSCL: 18.04
Himadri Speciality Chemical (NSE:HSCL) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
* 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.
For the Specialty Chemicals subindustry, Himadri Speciality Chemical's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Himadri Speciality Chemical's ROE % distribution charts can be found below:
* The bar in red indicates where Himadri Speciality Chemical's ROE % falls into.
* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Himadri Speciality Chemical (NSE:HSCL) has a ROE % of 17.06% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Himadri Speciality Chemical and its competitors. This is 23% above median its historical median of 13.82. Over the past decade, Himadri Speciality Chemical's ROE % has ranged from 2.24 to 21.29. According to the industry distribution chart, Himadri Speciality Chemical ranks #152 out of 1591 companies in the Chemicals industry, placing it in the top 9.6%.
Is Himadri Speciality Chemical's ROE % too high?
Himadri Speciality Chemical's current ROE % of 17.06% is 23% above median its 10-year median of 13.82. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 21.29. The Chemicals industry median ROE % is 5.19. Himadri Speciality Chemical's value of 17.06% is 228.7% above this industry median. Based on the distribution chart, Himadri Speciality Chemical ranks #152 out of 1591 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. 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 ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Himadri Speciality Chemical ranks #152 out of 1591 companies for ROE %. This places Himadri Speciality Chemical in the top 10% of its industry — outperforming the majority of peers. The industry median ROE % is 5.19. Himadri Speciality Chemical's value of 17.06% is 228.7% above this benchmark. Historically, Himadri Speciality Chemical's own ROE % has ranged from 2.24 to 21.29 over the past decade. While the company's 10-year median is 13.82 vs. the industry median of 5.19, Himadri Speciality Chemical has consistently been above 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 ROE % for a Chemicals company?
The median ROE % among Chemicals companies is 5.19, based on 1,591 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Himadri Speciality Chemical's current ROE % of 17.06% is 228.7% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Himadri Speciality Chemical and its competitors. For the Chemicals industry, the median ROE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Himadri Speciality Chemical's current ROE % is 17.06%, which is 23% above median its own 10-year median of 13.82. 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 ₹488.87, compared to a current price of ₹678.10 — trading 38.7% above its estimated fair value. The current ROE % is 17.06%, which is 23% above median its 10-year median of 13.82 and 228.7% above the Chemicals industry median of 5.19. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Himadri Speciality Chemical (NSE:HSCL), the current ROE % is 17.06% 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 38.7% above its estimated GF Value™ of ₹488.87.
GuruFocus considers Himadri Speciality Chemical to be Significantly Overvalued.
Key valuation signals for NSE:HSCL:
ROE %: 17.06% (23% above median its 10-year median of 13.82)
GF Value™: ₹488.87 vs. price of ₹678.10 (38.7% above fair value)
Industry Position: 228.7% above the Chemicals median (#152 of 1591)
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
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