Himadri Speciality Chemical Limited has informed the Exchange regarding re-appointment of Ms Ernst & Young, LLP as the Internal Auditor of the Company for the financial year 2026-27.
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Himadri Speciality Chemical reported standalone net profit of Rs 749.70 crore for FY2026, a strong 34% increase from Rs 558.06 crore in the previous year. Revenue from operations stood at Rs 4,405.11 crore vs Rs 4,595.80 crore last year. Basic EPS improved to Rs 15.05 from Rs 11.31. The Board recommended a final dividend of Rs 0.80 per share (80% of face value), totaling Rs 40.36 crore, subject to shareholder approval. Key operational milestones include commencement of a new 70,000 MTPA Speciality Carbon Black line in February 2026 and the company's first anode material production facility (200 MTPA) on April 23, 2026. The Board re-appointed Ernst & Young LLP as Internal Auditor and appointed Mr. Sambhu Banerjee as Cost Auditor for FY2026-27. Two Independent Directors were re-appointed for a second 5-year term each.
Strong profit growth and new capacity additions signal healthy operational performance. The dividend declaration provides direct shareholder returns. The anode material facility entry positions the company in the EV battery materials space, potentially expanding its growth runway.