Himadri Speciality Chemical Ltd reported strong financial results for Q3 and 9M FY26. Consolidated EBITDA for the nine months grew by ~18% to Rs. 725.83 crores, while Profit After Tax increased by 37% to Rs. 547.54 crores. The company also commenced trial production at its speciality carbon black expansion project and successfully executed its first liquid coal tar pitch export.
Financial Highlights
Himadri Speciality Chemical Ltd announced resilient performance for Q3 and the nine months ended December 31, 2025. Key highlights include:
- Consolidated EBITDA for the nine months ended December 31, 2025, reached Rs. 725.83 crores, a growth of ~18% over the same period last year.
- Profit After Tax for the same period stood at Rs. 547.54 crores, marking a 37% year-on-year increase.
- Q3 FY26 EBITDA reached Rs. 252.73 crores, up ~12% compared to Q3 FY25.
- Q3 FY26 PAT rose to Rs. 192.04 crores, reflecting a strong 36% growth.
Operational Milestones
The company achieved significant operational milestones during the quarter:
- Trial production commenced at the speciality carbon black expansion project in Mahistikry in December 2025. This will increase the company’s total speciality carbon black capacity to 1,30,000 MTPA.
- Successfully executed the first-ever liquid coal tar pitch export from New Mangalore Port, boosting global outreach. The company exported 3,600 tons of liquid coal tar pitch to the Middle East.
Other Key Updates
- Birla Tyres continues to expand its network, now reaching 36 distributors and over 640 dealers.
- Upon receiving Rs. 237 crores from the Promoters, the company allotted one crore equity shares, increasing Promoter shareholding to 52.50%.
- Himadri earned the EcoVadis Platinum medal for the second consecutive year, placing it in the top 1% globally for sustainability.
Revenue & Sales
Additional key financial data includes:
- Revenue stood at Rs. 3,303.80 crores, showcasing stability and capacity-driven growth.
- Total sales increased to 4,28,572 MT, reflecting approximately 3% YoY growth.
Source: BSE
