Himadri Speciality Chemical Limited has informed the Exchange about incorporation of foreign Wholly Owned Subsidiary in China
HSCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Himadri Speciality Chemical reported strong full-year FY26 results with standalone net profit rising 34% to Rs 749.70 crore versus Rs 558.06 crore in FY25. Revenue from operations stood at Rs 4,405.11 crore. The Board approved incorporating a wholly owned step-down subsidiary in Guangzhou, China, subject to regulatory approvals. A final dividend of Rs 0.80 per share (80% of face value) was recommended for FY25-26. The company commenced commercial production at its new 70,000 MTPA specialty carbon black line in February 2026 and its first anode material production facility (200 MTPA capacity) in April 2026. Two independent directors were reappointed for second 5-year terms.
The 34% profit growth and new product line launches (carbon black expansion, anode materials) signal operational strength and diversification into new materials. The proposed China subsidiary indicates geographic expansion strategy. The dividend declaration provides shareholder returns.