Himadri Speciality Chemical Ltd. announced its highest-ever quarterly EBITDA and PAT for Q2FY26, up 21% and 39% year-over-year, respectively. The company also secured 17.6% post-conversion equity in Sicona, with a cumulative investment of Rs. 103.95 Cr. The strong performance was attributed to a focus on high value-added products and operational efficiency.
Record-Breaking Financial Performance
Himadri Speciality Chemical Ltd. reported its highest-ever quarterly EBITDA and PAT in Q2FY26, marking a significant milestone in its financial performance. The company’s EBITDA increased by 21% and PAT increased by 39% compared to the same quarter last year.
Key Financial Highlights
Here are some of the key financial highlights from the announcement:
- EBITDA (Rs. in Cr): Stood at 477 for the half year ended September 30, 2025.
- PAT (Rs. in Cr): Reached 369 for the half year ended September 30, 2025, marking a 43% growth.
Strategic Investment in Sicona
As of September 30, 2025, Himadri has secured a 17.6% post-conversion equity stake in Sicona, reflecting a cumulative investment of Rs. 103.95 Cr. This strategic move underscores Himadri’s commitment to investing in innovative ventures within the specialty chemicals sector.
Factors Driving Performance
The company’s strong financial results were supported by a focus on several key areas:
- Focus on high value-added products.
- Operational efficiency improvements.
- Yield improvements.
Management Commentary
Mr. Anurag Choudhary, CMD & CEO of Himadri Speciality Chemical Ltd., commented on the results, stating that the company’s performance underscores the strength, resilience, and sustainability of its business model. He also highlighted the importance of localizing supply chains and building a robust ecosystem for lithium-ion batteries in India.
Sustainability Initiatives
Himadri has received the ISCC PLUS certification, reaffirming its commitment to responsible manufacturing and circular economy principles. The company has also set a Net Zero ambition by 2050 and has secured a Platinum rating from EcoVadis.
Source: BSE