Himadri Speciality Chemical Reports Record FY26 Results, Commissions World's Largest Speciality Carbon Black Facility

Himadri Speciality Chemical Reports Record FY26 Results, Commissions World's Largest Speciality Carbon Black Facility​

Himadri Speciality Chemical Ltd, a global speciality chemical conglomerate, announced its financial results for the quarter and year ended March 31, 2026, highlighting a period of record performance and major operational milestones. The company achieved its highest-ever full-year EBITDA, while simultaneously commissioning a massive new Speciality Carbon Black line at its Mahistikry plant in West Bengal.

According to the company’s statement, the strong annual performance was driven by stable volumes combined with higher margins, reflecting a strategic focus on value-added products.

Financial Highlights for FY26​

Himadri reported robust financial metrics for the fiscal year 2026. On a consolidated basis, the company recorded significant year-on-year growth across its primary profitability indicators.

The key financial achievements for the year were:

• EBITDA: Rs. 1,006 Crores, representing a approximately 19% year-on-year growth.
• Profit Before Tax (PBT): Rs. 1,001 Crores, marking a growth of approximately 24% year-on-year.
• Profit After Tax (PAT): Rs. 755 Crores, showing a strong increase of approximately 36% over the previous year.

For the fourth quarter of FY26, the figures stood at Rs. 280 Crores for EBITDA, Rs. 268 Crores for PBT, and Rs. 208 Crores for PAT, registering year-on-year growth of approximately 21%, 19%, and 34% respectively, compared to Q4FY25.

The company noted that for the full year, revenue from operations stood at Rs. 4,660.7 Crores, with Q4FY26 revenue from operations reaching Rs. 1,288 Crores, an increase of approximately 14% from Q4FY25.

Major Operational Milestones​

The company marked several significant commissioning achievements during the reporting period, solidifying its position in global specialty markets.

On April 23, 2026, Himadri commenced operations of its first anode material production facility at the Mahistikry plant in West Bengal, with an initial capacity of 200 MTPA. This facility represents an advanced, self-reliant manufacturing ecosystem, utilizing specially engineered, high-purity coal tar pitch produced in-house.

Furthermore, Himadri commenced commercial operations at a new 70,000 MTPA Speciality Carbon Black line at Mahistikry. This expansion scaled the total Carbon Black capacity to 250,000 MTPA, dedicating 130,000 MTPA to Speciality Carbon Black. This facility now positions Mahistikry as the world's largest single-location Speciality Carbon Black facility.

The company also highlighted the revival of the Birla Tyres brand in FY26, with operations commencing in Q1 and an expanded distribution network. The brand launched two new tractor tyre series, AgriPlus and AgriWin, bolstering its presence in the agricultural segment.

Future Growth and Strategic Focus​

Mr. Anurag Choudhary, CMD & CEO of Himadri Speciality Chemical Ltd, noted that the company is advancing its vision as a global leader in clean-tech and energy materials.

Looking ahead, Himadri is strategically focusing on clean energy materials and advanced battery technologies. The execution of Phase I of its Lithium Iron Phosphate (LFP) cathode active material project is progressing, with the first milestone capacity of 2,000 MTPA targeted for commencement by Q3FY27. The balance Phase I capacity is expected to be brought online over the subsequent 12 months, with FY29 envisioned as the year of full operations for Phase I.

In parallel to its core operations, Himadri also announced a technology licensing agreement with Sicona to localize and commercialize silicon-carbon anode technology in India, and acquired an equity stake in International Battery Company (IBC) to validate and scale up its lithium-ion battery materials.

The company reinforced its commitment to sustainable practices, earning the EcoVadis Platinum Medal for the second consecutive year and receiving ISCC PLUS certification for responsible manufacturing.

HSCL Stock Price Movement​

Today, Himadri Speciality Chemical Limited shares gained 2.85% to settle at ₹536.2 after hours. The stock traded 3.98 million shares, pushing the price to close near its impressive 52-week high of ₹538.2.