Synopsis:
Himadri Speciality Chemical reported Rs. 1,118 crore income and Rs. 179 crore internet revenue in Q1 FY26. Enlargement plans embody doubling carbon black capability and organising a coal tar derivatives plant.
Throughout Wednesday’s buying and selling session, shares of a worldwide speciality chemical conglomerate and a pioneer within the manufacturing of lithium-ion battery supplies in India are in concentrate on the inventory exchanges, after asserting first rate monetary outcomes for Q1 FY26.
With a market cap of Rs. 25,408 crores, shares of Himadri Speciality Chemical Restricted hit an intraday excessive at Rs. 521.6 on BSE, up by almost 2 %, as in opposition to its earlier closing worth of Rs. 513.3. The inventory has delivered optimistic returns of almost 19 % in a single 12 months, and has gained by round 10 % within the final one month.
What’s the Information
In line with the most recent regulatory filings on the inventory exchanges, Himadri Speciality Chemical Restricted introduced the monetary outcomes for Q1 FY26 on Tuesday. The corporate is primarily engaged within the enterprise of producing carbon supplies and chemical compounds.
For Q1 FY26, Himadri Speciality Chemical reported a consolidated income from operations of Rs. 1,118.3 crores, marking a slight 1.4 % QoQ dip in comparison with Rs. 1,134.6 crores in This fall FY25, and a year-on-year lower of about 7 % from Rs. 1,200.4 crores recorded in Q1 FY25. The income was largely impacted as a result of correction in uncooked materials costs.
The corporate’s internet revenue stood at Rs. 179.4 crores, reflecting a development of round 15 % QoQ in comparison with Rs. 155.5 crores in This fall FY25, and a year-on-year enhance of about 46 % from Rs. 123 crores recorded in Q1 FY25.
EBITDA got here in at Rs. 235 crores throughout Q1 FY26, indicating a slight rise of about 2 % QoQ from Rs. 231 crores in This fall FY25, and a year-on-year enlargement of round 25 % YoY in comparison with Rs. 187.6 crores in Q1 FY25. In the meantime, EBITDA margins stood at 22 % in Q1 FY26, up from 21 % in This fall FY25 and 16 % recorded in Q1 FY25.
Himadri Speciality Chemical runs its enterprise by two key enterprise segments. Its core phase, carbon supplies and chemical compounds, remained the first income driver, contributing Rs. 1,112.8 crore in Q1 FY26, accounting for 97.7 % of whole income. In the meantime, the corporate’s Energy phase generated Rs. 25.5 crore through the quarter, making up 2.2 % of total income.
Trying forward, the administration plans to greater than double its speciality carbon black manufacturing capability. The brownfield enlargement venture is already underway, aimed toward including 70,000 MTPA to its capability. As soon as accomplished, this can take Himadri’s whole capability to 1.3 lakh MTPA, making it the biggest single-site speciality carbon black facility on this planet.
This venture includes a capex of ~Rs. 220 crore and is anticipated to be operational by Q3 FY26. Importantly, the corporate additionally has sufficient land in place to help future expansions.
Constructing on its present infrastructure and deep experience in coal tar derivatives, Himadri is anticipating a capex of Rs. 120 crores. This new plant, focused for commissioning by Q2 FY27, will concentrate on extracting high-value speciality merchandise, particularly Anthraquinone and Carbazole, from its present coal tar distillates.
Anthraquinone is broadly utilized in industries like dyes, paper manufacturing, wooden pulp processing, hydrogen peroxide manufacturing, and agriculture. In the meantime, Carbazole finds functions throughout dyes and pigments, prescription drugs, electronics, polymer supplies, and agrochemicals.
Written by Shivani Singh
Disclaimer
The views and funding ideas expressed by funding consultants/broking homes/ranking businesses on tradebrains.in are their very own, and never that of the web site or its administration. Investing in equities poses a threat of monetary losses. Buyers should due to this fact train due warning whereas investing or buying and selling in shares. Commerce Brains Applied sciences Non-public Restricted or the writer are usually not accountable for any losses triggered because of the choice primarily based on this text. Please seek the advice of your funding advisor earlier than investing.
