Himadri Speciality Chemical Ltd announced its financial results for Q2 and H1 FY26, achieving record profitability. Q2 FY26 EBITDA reached Rs. 243 crores, up 21% year-on-year, with PAT at Rs. 187 crores, a 39% increase. The company is progressing well on strategic initiatives, including speciality carbon black expansion and lithium-ion battery material manufacturing, expecting significant contributions in the coming years. The revenue was reported at Rs. 1,070 crores.
Financial Highlights
Himadri Speciality Chemical Ltd reported its earnings for Q2 and H1 FY26, marking a period of record financial performance. Key highlights include:
- Q2 FY26 EBITDA: Rs. 243 crores, a 21% year-on-year increase.
- Q2 FY26 PAT: Rs. 187 crores, a 39% year-on-year increase.
- H1 FY26 EBITDA: Rs. 477 crores.
- H1 FY26 PAT: Rs. 369 crores.
The strong performance was driven by an emphasis on high-value speciality and advanced materials.
Business Segment Updates
The company highlighted progress across its core business segments and strategic initiatives:
- Speciality Carbon Black: Brownfield expansion is progressing to more than double capacity to 130,000 MT per annum by the end of Q3 FY26.
- Speciality Chemicals: The anthraquinone and carbazole production facility is expected to be commissioned by Q2 FY27.
- Lithium-ion Battery Material: The initial 40,000 MT per annum plant is under development and on track to commence operations by Q3 FY27.
- Birla Tyres: The business is on course of revival with plant and machinery installation scheduled to commence within the next 12 months for the passenger car radial unit.
Sustainability Initiatives
Himadri achieved the ISCC-Plus certification for its Mahistikry plant and earned an ‘A’ rating in CDP’s Suppliers Engagement Assessment.
Future Outlook
Himadri is accelerating its journey towards long-term financial milestones, expecting meaningful contributions from its various expansions and forward integrations over the next 3 years, guided by a clear ambition to build a diversified and future-ready portfolio anchored in high-value growth.
Source: BSE