Case study

HSCL

Himadri Speciality Chemical Limited

Mixed signals1y model +5.4%

Each stock's 10,000-path forecast, rendered as light.

45Score

Himadri Speciality Chemical Limited (HSCL) Stock Analysis & Case Study

Is HSCL a good buy? The data-driven verdict.

Himadri Speciality Chemical Limited (HSCL) trades at ₹753,on the numbers it mixed signals, a Downstox Snapshot Score of 45/100.

On the numbers, Himadri Speciality Chemical Limited (HSCL) mixed signals, a Downstox Snapshot Score of 45/100, weighing expensive at 47.5× earnings, ROE of 17.8%, a 55% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

HSCL fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹37,976 Cr
Current price
₹753
P/E ratio
47.5×
P/B ratio
8.07×
Book value
₹93
Dividend yield
0.11%
ROCE
22.1%
ROE
17.8%
Piotroski F-Score
6/8

How HSCL ranks against the 2,373 companies in our screener

Is HSCL overvalued? HSCL P/E vs peers

HSCL trades at 47.5× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

HSCL share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of HSCL history (30%/yr drift, 39%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
HSCL 2027₹482₹793₹1,304+5%
HSCL 2028₹417₹836₹1,673+11%
HSCL 2029₹370₹880₹2,097+17%
HSCL 2030₹345₹928₹2,493+23%
HSCL 2031₹325₹978₹2,938+30%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability HSCL goes up, or doubles?

55%
Higher in 1 year
Modelled chance the price is above today in 12 months
62%
Higher in 5 years
Modelled chance the price is above today in 5 years
31%
Doubles in 5 years
Modelled chance of reaching ₹1,505 within 5 years

The bull case for HSCL

  • HSCL's return on equity of 17.8% ranks in the 79th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • HSCL's return on capital employed of 22.1% ranks in the 84th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹2,097.

The bear case & risks

  • HSCL's P/E of 47.5x is lower than 28% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A steep 8.1× price-to-book means most of the value is intangible/expectations, not assets on the books.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹370.

HSCL volatility & expected range, how bumpy is the ride?

Over the last 9.8 years HSCL compounded at 30%/year with annualized volatility of 39%. That volatility implies a 1-year 80% range of ₹482-₹1,304, the honest backbone behind any single price target.

HSCL price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
5.4%
80% range₹482-₹1,304
P(price ↑)55%
P(price 2×)5%
3-Year Forecast
2029
₹0
Median (P50)
17.0%
80% range₹370-₹2,097
P(price ↑)60%
P(price 2×)21%
5-Year Forecast
2031
₹0
Median (P50)
29.9%
80% range₹325-₹2,938
P(price ↑)62%
P(price 2×)31%

HSCL price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
HSCL simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds HSCL hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the HSCL price target & forecast page.

HSCL Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. HSCL scores 6/8, mixed financial health.

HSCL MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy HSCL with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox33.19%3.0×
Zerodha33.15%3.0×
Groww33.34%3.0×
Dhan33.15%3.0×
Kotak Neo34.97%2.9×
Paytm Money33.40%3.0×
PocketfulCHEAPEST33.12%3.0×
Fyers34.48%2.9×
Anand Rathi33.15%3.0×
Bajaj Broking36.00%2.8×
Share India33.30%3.0×

Compare every broker on the HSCL MTF page.

About Himadri Speciality Chemical Limited: sector, index & market-cap context

Himadri Speciality Chemical Limited (HSCL) is a mid-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹37,976 Cr. See more stocks on our screener.

How the HSCL Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Himadri Speciality Chemical Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

HSCL analysis, FAQs

Is Himadri Speciality Chemical Limited (HSCL) a good buy?

On the numbers, Himadri Speciality Chemical Limited (HSCL) mixed signals, a Downstox Snapshot Score of 45/100, weighing expensive at 47.5× earnings, ROE of 17.8%, a 55% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is HSCL overvalued or undervalued?

HSCL trades at 47.5× earnings, expensive versus the ~22× long-run Nifty average.

What is the HSCL share price target for 2031?

HSCL's probability-weighted 2031 median target is ₹978, with an 80% range of ₹325-₹2,938 (10,000-path Monte-Carlo).

What is the probability HSCL doubles in 5 years?

The modelled probability of HSCL reaching ₹1,505 (2×) within 5 years is 31%.

What is the bull case for HSCL?

HSCL's return on equity of 17.8% ranks in the 79th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. HSCL's return on capital employed of 22.1% ranks in the 84th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in HSCL?

HSCL's P/E of 47.5x is lower than 28% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 8.1× price-to-book means most of the value is intangible/expectations, not assets on the books.

More on HSCL