Himadri Speciality Chemical Ltd reported results for the quarter and 9 months ended 31st December 2025.
• Revenue stood at Rs. 3,303.80 crores highlighting stability with a clear path to capacity- driven growth ahead
• Total sales increased to 4,28,572 MT, depicting ~3% YoY growth
• Product mix remains focused towards high value-added products
Commenting on the results and performance, Mr. Anurag Choudhary, CMD & CEO of Himadri Speciality Chemical Ltd said:
Himadri Speciality Chemical Ltd is delighted to report another quarter of resilient performance and meaningful progress in Q3 & 9MFY26. On consolidated basis, for the nine months ended 31st December 2025, the Company delivered an EBITDA of Rs. 725.83 crores, representing a robust ~18% growth over 9MFY25. Profit After Tax stood at Rs. 547.54 crores, marking an impressive 37% year-on-year increase. In Q3FY26 EBITDA reached Rs. 252.73 crores, up ~12% compared to Q3FY25, while PAT rose to Rs. 192.04 crores, reflecting a strong 36% growth. This consistent financial momentum underscores Himadri’s disciplined execution, sharp focus on high value-added products, and sustained improvements in operational efficiency and yield.
We started trial production at our speciality carbon black expansion project in Mahistikry in December 2025—a landmark achievement for Himadri. This underscores the beginning of the next growth phase in our carbon black journey. Once fully operational, this facility will not only make Mahistikry the world’s largest single-site facility for speciality carbon black in terms of production capacity, taking our total speciality carbon black capacity to 1,30,000 MTPA, but also enable us to capture significant opportunities in premium markets such as plastics, inks, paints, and other niche speciality applications.
This quarter also marked a significant milestone with the commissioning of the new Mangalore Port terminal and the successful export of 3,600 tons of liquid coal tar pitch to the Middle East. This achievement not only validates Himadri’s technical & operational capabilities and product quality, but also establishes a second export corridor alongside Haldia, enhancing logistics flexibility and global reach.
Birla Tyres has continued to strengthen its presence across India and international markets including Asia, the Middle East, and Africa through a robust network of 36 distributors and over 640 dealers. Its extensive portfolio features over 80 different products across flagship range comprising of KalaPatthar, Shaan+, BT339, Ultra Trac, and others, designed to offer exceptional grip, mileage, and durability for varied customer needs. Strategic engagements such as participation in Automechanika Dubai and initiative like Kisan Samman Samaroh, continue to reinforce its commitment to innovation and brand trust.
During the quarter ended 31st December 2025, upon receipt of the balance consideration amount of Rs. 237 crores from the Promoters, the company has allotted one crore equity shares to the promoters and pursuant to this, the Promoter shareholding stands at 52.50%. Through its continued focus on sustainability, the company earned the EcoVadis Platinum medal for the second consecutive year, placing it among the top 1% of companies globally assessed on sustainability performance. Moreover, at the 19th EXCEED Environment Awards 2025, the company was recognized as Champion (Outstanding) in Quality Management within the Chemical & Fertilizer sector and received the Outstanding Award in CSR for “Building Futures, Empowering Communities”.
The company’s strong people-centric culture was reaffirmed through multiple milestones. Himadri was recognised as a Great Place To Work®, reflecting its commitment to team well-being and engagement. Internally, Long-Service Awards celebrated the dedication of the people who have contributed to the company’s sustained success. Additionally, the company was honored with Dun & Bradstreet’s Top Value Creator 2025 – Chemicals, a prestigious industry accolade that underscores its leadership in delivering long-term value.
At Himadri, growth is being shaped through purposeful innovation rather than isolated initiatives. The Company is actively expanding its product portfolio to build diversified and resilient revenue streams, with R&D embedded at the core of its strategy and culture. This integrated approach has enabled the creation of a global R&D ecosystem that is advancing next- generation solutions, including the vision for 2,00,000 MTPA LFP cathode material capacity and the commercialization of advanced anode materials. The same innovation engine supports next- generation mobility solutions under Birla Tyres and remains aligned with national priorities on sustainability and energy transition, positioning Himadri in a league of its own with leadership across global speciality solutions.
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