Himadri Speciality Chemical Reports 36% Growth in Q3FY26 Profit

Himadri Speciality Chemical Ltd announced its financial results for the quarter and nine months ended December 31, 2025, showing continued growth in profitability and progress on capacity expansion projects.

For the nine-month period ending December 2025, the company recorded consolidated EBITDA of Rs. 725.83 crores, up 18% compared to the same period last year. Profit after tax reached Rs. 547.54 crores, marking a 37% year-on-year increase.

In Q3FY26, EBITDA stood at Rs. 252.73 crores, a 12% increase from Q3FY25, while profit after tax rose 36% to Rs. 192.04 crores. Revenue for the nine-month period was Rs. 3,303.80 crores, with total sales volume reaching 4,28,572 MT, representing approximately 3% year-on-year growth.

The company began trial production at its speciality carbon black expansion project in Mahistikry in December 2025. Once fully operational, this facility will increase total speciality carbon black capacity to 1,30,000 MTPA and make Mahistikry the world's largest single-site facility for speciality carbon black production. The expanded capacity will serve markets including plastics, inks, paints, and other speciality applications.

During the quarter, Himadri commissioned a new terminal at Mangalore Port and completed its first export of 3,600 tons of liquid coal tar pitch to the Middle East. This development establishes a second export corridor alongside the existing Haldia facility.

The company's Birla Tyres division operates through a network of 36 distributors and over 640 dealers across India, Asia, the Middle East, and Africa. The division offers more than 80 products across multiple tire ranges.

Following receipt of Rs. 237 crores from promoters, the company allotted one crore equity shares, bringing promoter shareholding to 52.50%.

Himadri received the EcoVadis Platinum medal for the second consecutive year, placing it in the top 1% of companies globally for sustainability performance. At the 19th EXCEED Environment Awards 2025, the company was recognized as Champion in Quality Management within the Chemical & Fertilizer sector and received an award for CSR initiatives.

The company was also recognized as a Great Place to Work and received Dun & Bradstreet's Top Value Creator 2025 award in the chemicals category.

According to CMD & CEO Anurag Choudhary, the company continues to focus on high value-added products and operational efficiency improvements. The company is advancing its R&D initiatives, including plans for 2,00,000 MTPA LFP cathode material capacity and commercialization of advanced anode materials for lithium-ion batteries.

Himadri operates eight zero-liquid discharge manufacturing facilities and uses in-house clean power for all electrical energy needs. The company exports to 56 countries across various product categories including speciality carbon black, coal tar pitch, refined naphthalene, and advanced materials.