Himadri Speciality Chemical announced its Q3 and 9MFY26 financial results, demonstrating resilience and strategic growth. The company reported a 19% growth in EBITDA and a 41% growth in PAT for 9MFY26. Key developments include the first liquid coal tar pitch shipment to the Middle East and reaffirmation of its ESG excellence with a Platinum medal from EcoVadis. The company is also expanding its speciality carbon black capacity.
Financial Performance Highlights
Himadri Speciality Chemical has showcased a strong financial performance for Q3 and 9MFY26:
- EBITDA Growth: Reported a 19% increase in EBITDA for 9MFY26.
- PAT Growth: Achieved a substantial 41% increase in Profit After Tax for 9MFY26.
- Revenue: Revenue stood at Rs. 3,303.80 crores, demonstrating stability.
- Total Sales: Increased to 4,28,572 MT, reflecting approximately 3% year-over-year growth.
Strategic Developments
The company has made significant strides in its strategic initiatives:
- Speciality Carbon Black: Capacity expansion is underway with trial production started in December 2025, to more than double its capacity.
- Liquid Coal Tar Pitch: Successfully delivered its first export shipment to the Middle East in November 2025.
- Capital Infusion: Received Rs. 237 crores from promoters resulting in promoter shareholding stands at 52.50%.
Sustainability and Recognition
Himadri’s commitment to sustainability has been recognized:
- EcoVadis Platinum Medal: Reaffirmed ESG excellence with a Platinum medal for the second consecutive year, placing in the top 1% of companies assessed worldwide.
- Certified as Great Place To Work®: A testament to trust, engagement and commitment of its people.
- Awards & Recognition: India’s Top Value Creator 2025, Exceed Environment Award 2025.
Entry into LiB Components
- LFP Cathode Active Material Vision: Aiming to produce 2,00,000 MTPA of Lithium Iron Phosphate (LFP) Cathode Active Material.
Birla Tyres
- Birla Tyres: Birla Tyres is building a trusted reputation across India.
Source: BSE
