Himadri Speciality Chemical Reports Positive Financial Performance in Q1 2024
Himadri Speciality Chemical, a midcap company in the chemicals industry, has recently announced its financial results for the quarter ended March 2024. The company has shown positive performance in this quarter, with its score improving from 14 to 19 in the last three months.
One of the key factors contributing to this positive performance is the company's ability to manage interest payments, with its Operating Profit to Interest ratio being the highest at 13.25 times in the last five quarters. This indicates an improvement in the company's financial management.
Moreover, the company's Operating Profit (PBDIT) has also shown a positive trend, with it being the highest at Rs 179.50 crore and growing each quarter in the last five quarters. This indicates a positive outlook for the company's near-term operating profit.
Similarly, the Profit Before Tax less Other Income (PBT) has also shown a positive trend, with it being the highest at Rs 153.34 crore and growing each quarter in the last five quarters. This indicates a positive outlook for the company's near-term PBT.
The company's Profit After Tax (PAT) has also shown a positive trend, with it being the highest at Rs 115.16 crore and growing each quarter in the last five quarters. This indicates a positive outlook for the company's near-term PAT.
In terms of sales, the company has also shown a positive trend, with its Net Sales being the highest at Rs 1,176.95 crore in the last five quarters. This indicates a positive outlook for the company's near-term sales.
However, one area of concern for the company is its Non Operating Income, which has shown an increase in this quarter. While this may have contributed to the company's overall positive financial performance, it is important to note that this income may not be sustainable in the long run.
Overall, Himadri Speciality Chemical has shown a positive financial performance in the quarter ended March 2024, with its key financial indicators showing a positive trend. Investors are advised to hold their stock, as recommended by MarketsMOJO.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
{{text.big_txt}}
{{text .small_txt}}
{{dashverdictresult.dashboard.stock_details.short_name}}
SEND BY EMAIL
Register now to see if the stock’s characteristics match your investment style
Subscribe now to see if the stock's characteristics match your investment style
{{dashverdictresult.dashboard.risk_return_voltality.risk_type}}, {{dashverdictresult.dashboard.risk_return_voltality.return_type}}
| {{ value[0] }} | {{ value[1] }} | {{ value[2] }} | {{ value[3] }} |
| {{ value[0] }} | {{ value[1] }} | {{ value[2] }} | {{ value[3] }} |
Create your portfolio and know how much should this stock be in your portfolio
Subscribe now to know how much you should hold in this stock
We have found 2 better stocks that you can consider
{{dashverdictresult.dashboard.return_text}}
Investors Returns (3 years) –
| Period | 6M | 1Y | 2Y | 3Y |
| {{ keyd.val }} | ||||
| {{ keyd.val }} |
Quality: {{dashverdictresult.dashboard.dotsummary.q_txt}}
Valuation: {{dashverdictresult.dashboard.dotsummary.v_txt}}
Quarterly Financial Trend: {{dashverdictresult.dashboard.dotsummary.f_txt}}
Technicals: {{dashverdictresult.dashboard.dotsummary.tech_txt}}
Stock Info:
BSE – {{dashverdictresult.dashboard.stock_details.scripcode}}/ NSE – {{dashverdictresult.dashboard.stock_details.symbol}}
Market Cap – {{dashverdictresult.dashboard.priceinfo.mcap_class}} (Rs. {{dashverdictresult.dashboard.priceinfo.mcap| number :0}} cr)
Sector – {{dashverdictresult.dashboard.stock_details.ind_name}}
52 w H/L (Rs.) – {{dashverdictresult.dashboard.priceinfo.wk_high52}}/{{dashverdictresult.dashboard.priceinfo.wk_low52}}
Average vol (6M) – {{dashverdictresult.dashboard.priceinfo.vol}}
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
