Himadri Posts Record FY26 Profit; Announces Commencement of First Anode Material Production Facility at Mahistikry

Himadri Speciality Chemical Ltd announced its financial results for the fourth quarter and full fiscal year ending March 31, 2026. The company reported a full year Profit After Tax of Rs 755 crore, representing a 36 percent increase over the previous year.

For the full fiscal year 2026, the company generated revenue from operations totaling Rs 4,660.7 crore. Earnings Before Interest, Taxes, Depreciation, and Amortization reached Rs 1,006 crore, reflecting a 19 percent year over year growth. Profit Before Tax stood at Rs 1,001 crore, up 24 percent compared to the prior fiscal year.

During the fourth quarter, revenue grew by 14 percent to Rs 1,288 crore, while quarterly Profit After Tax rose by 34 percent to Rs 208 crore. The Board of Directors has recommended a final dividend of 80 percent for the fiscal year, subject to shareholder approval.

In addition to its financial results, Himadri announced the commissioning of its first anode material production plant in Mahistikry, West Bengal, on April 23, 2026. The facility begins with an initial capacity of 200 metric tonnes per annum and utilizes an in house coal tar pitch engineering process.

The company also commenced commercial operations of a new 70,000 metric tonnes per annum speciality carbon black line at the Mahistikry site. This expansion increases the total carbon black capacity to 250,000 metric tonnes per annum, of which 130,000 metric tonnes is dedicated to speciality carbon black.

Furthermore, the company highlighted the operational revival of Birla Tyres, which expanded its distribution network to over 1,000 dealers and introduced new agricultural tyre products. Looking forward, Himadri is advancing the first phase of its lithium iron phosphate cathode active material project, targeting an initial capacity of 2,000 metric tonnes per annum by the third quarter of fiscal year 2027.