Himadri Speciality Chemical has announced its Q2 and H1 FY26 results, demonstrating sustained profitability. The company reported strong YoY EBITDA and PAT growth, driven by a focus on high-value-added products. The company’s continued investments in strategic acquisitions and R&D are driving its strategic roadmap, and it aims to grow and accelerate towards 2028. The brand momentum will continue with Asia’s premier sporting event.
Financial Performance Highlights
Himadri Speciality Chemical has displayed strong financial performance in the latest quarter. Key highlights include:
- EBITDA: Showed substantial year-over-year growth.
- PAT: Demonstrated a robust increase compared to the previous year.
- Recorded the highest ever quarterly EBITDA & PAT.
- Focused product mix towards high value-added products.
- For H1 FY26, the company achieved its highest ever EBITDA & PAT on a half-yearly basis.
Strategic Growth Initiatives
Himadri is strategically investing in several key areas to drive future growth:
- Speciality Carbon Black: Expanding capacity to become the world’s largest single-site producer.
- Lithium-ion Battery (LiB) Components: Entering the LiB component market with investments in LFP cathode active material production and strategic acquisitions.
- Birla Tyres: Focusing on a turnaround to become a lead player across EV value chain
Sustainability and Innovation
Himadri is committed to sustainability and innovation, reflected in its:
- Achieving ISCC PLUS certification for the Mahistikry plant, reinforcing commitment to sustainability and circular economy practices.
- Developing new speciality carbon black grades for various applications.
- Powering the future through circular economy systems.
- Aligns with Himadri’s vision of producing high-quality Lithium-ion (Li-ion) battery materials and reinforces its commitment in exploring innovative technologies in the battery material segment.
Strategic Roadmap to 2028
The company’s strategic roadmap includes:
- FY26: Speciality Carbon Black expansion completion, Birla Tyres commencement, and Naphthalene balls retail launch.
- FY27: Birla Tyres capacity ramp-up and LFP Cathode Active Material plant becoming operational.
- FY28: Full operations for Speciality Carbon Black and Anthraquinone/Carbazole plants.
Strategic Aquisitions
- Sicona Battery Technologies: Two nominee directors
- International Battery Company (IBC): 16.24% stake
- Invati Creations: Two nominee directors
Source: BSE