Financial Performance Summary

Himadri Speciality Chemical Ltd reported consolidated financial results for the quarter and half year ended 30th September 2026 (H1 FY27).

Key Financial Highlights (H1 FY27 Consolidated):

  • Revenue: Surpassed ₹3,000 crore
  • EBITDA: Exceeded ₹600 crore
  • PAT (Profit After Tax): Exceeded ₹450 crore

These results represent new performance milestones for the company, establishing a new benchmark.

Performance Drivers

The sustainable growth in profitability is driven by:

  • Optimised product mix
  • Growth in core businesses
  • Expanding portfolio of speciality and advanced materials
  • Years of investment in R&D, innovation, and customer relationships
  • Strategic global partnerships
  • Diversified revenue streams

Strategic Developments

Birla Tyres Merger

  • Proposed merger of Birla Tyres business with Himadri
  • Aims to create an integrated tyre value chain
  • Leverages capabilities across feedstock, speciality carbon black, R&D and manufacturing

Battery Materials Expansion

Sicona Battery Technologies Investment:

  • Strengthened investment in Sicona Battery Technologies
  • Sicona completed 100% acquisition of Advano (USA)
  • Acquisition strengthens silicon anode IP portfolio
  • Adds US pilot plant, R&D and cell-testing capabilities
  • Sicona secured AUD 45 million funding from Australian Renewable Energy Agency (ARENA)
  • Funding to accelerate commercialization of next-generation silicon-carbon anode technology

International Battery Company (IBC) Investment:

  • Strategic investment provides platform spanning material validation, cell development and commercial deployment
  • Positions company at forefront of lithium-ion value chain
  • Creates pathway from materials innovation to commercial adoption

Product Portfolio and Capabilities

Diversified Product Portfolio:

  • Advanced battery materials
  • Speciality carbon black
  • Coal tar pitch
  • Refined naphthalene
  • SNF & PCE
  • Speciality oils
  • Clean power solutions

Market Reach:

  • Products trusted across 61 countries
  • Serves multiple industries including:
  • Lithium-ion batteries
  • Electric mobility
  • Paints
  • Plastics
  • Tyres
  • Technical rubber goods
  • Aluminium
  • Graphite electrodes
  • Agrochemicals
  • Defence
  • Construction chemicals

R&D and Innovation Focus

  • Deep R&D expertise strengthening domestic capabilities in critical advanced materials
  • Key advanced materials under development:
  • Carbon Nano Tube
  • Super Speciality Carbon Black
  • Silicon Carbon
  • LFP Cathode
  • Synthetic Anode
  • Reducing import dependence and advancing India's Atmanirbhar Bharat vision

Sustainability Initiatives

  • Operates eight zero-liquid-discharge manufacturing facilities
  • Meets 100% of electrical energy requirements through in-house clean power generation
  • Strong emphasis on environmental responsibility and operational excellence

Management Commentary

Mr. Anurag Choudhary, CMD & CEO, commented:

  • Focus remains on sustaining growth momentum
  • Accelerating commercialization of advanced materials
  • Strengthening global presence
  • Unlocking opportunities across emerging technologies
  • Transforming into leading global advanced materials and application driven solution company
  • Delivering sustainable growth and long-term value for stakeholders