
News Topical, Digital Desk : Chemical sector company Himadri Speciality Chemical Limited has released the results for the first quarter (Q1) of the financial year 2026, which ended on 30 June 2025. The company has recorded the highest ever EBITDA and profit despite fluctuations in raw material prices. Also, the company has taken new steps in the consumer market such as Durofresh naphthalene balls, investment in battery company IBC, and operations of Birla Tyres.
Himadri Speciality: How were the Q1 results?
During the April-June quarter, the company's income was Rs 1,118 crore. In the same quarter of the previous financial year, the company's income was Rs 1,200 crore. Operating profit i.e. EBITDA also increased by 25% to Rs 235 crore as compared to Rs 188 crore last year. Net profit has reached Rs 179 crore with 46% growth as compared to Rs 123 crore. What is the strategic initiative of Himadri Speciality?
- Birla Tyres: Birla Tyres has started operations in Balasore. The company will manufacture special tyres for off-highway vehicles, commercial vehicles, agricultural, industrial and electric vehicles. Production of passenger car radial tyres is also starting.
- Clean Tech and New Energy: The company has entered into a technical agreement with Australia's Sikona Company, which will increase the energy density and charging speed of electric vehicle batteries. Apart from this, it has acquired 16.24% stake in America's International Battery Company (IBC). The materials developed in collaboration with IBC have given excellent results.
- Infrastructure expansion: New high-temperature liquid cool tar pitch terminal commissioned at Mangalore, which will improve exports. Facility to extract valuable chemicals such as anthraquinones and carbazoles from coal-tar distillates will be commissioned in Q2 FY27.
- Foray into Consumer Market: Himadri Speciality launched Durofresh, naphthalene balls, which is available in the market with 99.5% purity.
- Specialty Carbon Black: 70,000 MTPA expansion project to be completed by Q3 FY26.
- Lithium-ion Phosphate (LFP) Plant: The world's first 40,000 metric tonnes per annum capacity LFP plant outside China will be commissioned by Q3 FY27 and full operation will commence in FY28.
What did the management say on the results?
Anurag Chaudhary, Chairman and Managing Director, Himadri Speciality, said, "Q1 has marked a strong start to the new business year. We are focusing on capacity expansion, technology-based product development and global integration. These initiatives will help us build a future-ready and sustainable organization."
Himadri Speciality: Outlook
The company aims to double net profit from FY24 to FY27, driven by opportunities in energy transition, specialty chemicals and downstream price chain.
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