Himadri Speciality Chemical Limited has informed the Exchange about Transcript
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Himadri Speciality Chemical reported its highest-ever quarterly EBITDA of Rs. 235 crores (up 25% YoY) and PAT of Rs. 179 crores (up 46% YoY) for Q1 FY26 on a consolidated basis, though revenue was marginally lower at Rs. 1,118 crores due to correction in raw material prices. Sales volume rose slightly to 1,40,090 metric tonnes, with ROCE at a strong 32% and net debt of just Rs. 107 crores. Management highlighted several growth drivers including the upcoming LFP cathode plant (40,000 MTPA by Q3 FY27), speciality carbon black expansion (70,000 MTPA by Q3 FY26, making it the world's largest single site), and Birla Tyres commercial sales which commenced at Rs. 5 crores in June with 20 distributors appointed across 11 states. The company also announced a 16.24% equity investment in US-based International Battery Company (IBC) and a technology licensing deal with Australia's Sicona for silicon-carbon anode materials, while launching consumer brand Durofresh in the B2C segment.
Strong profitability growth despite revenue pressure from raw material deflation signals operational excellence and pricing power. The multi-pronged expansion across battery materials, speciality carbon black, and tyres positions the company for significant long-term growth, with management reaffirming guidance to double PAT from FY24 to FY27. This combination of record earnings, low debt, and visible growth catalysts is likely to support positive investor sentiment.