Himadri Speciality Chemical Reports 31% Rise in Q2 Net Profit to Rs 231 Crore
Himadri Speciality Chemical Ltd. (NSE:HSCL) posted a 31.33% year-on-year increase in consolidated profit after tax to Rs 231 crore for the second quarter of FY27. Consolidated revenue from operations jumped 57.93% to Rs 1,691 crore, while EBITDA grew 27.48% to Rs 303 crore. For the first half of the fiscal year, revenue reached Rs 3,123 crore and net profit reached Rs 460 crore. Shares of the company fell 8.30% to 605.9 INR following the update.
The performance was supported by an optimized product mix and expanding demand across its speciality and advanced materials segment. Himadri has been broadening its portfolio beyond traditional carbon chemistry into materials for electric mobility and energy storage, including carbon nanotubes, silicon carbon, and synthetic anode technologies. Strategic moves, such as portfolio firm Sicona Battery Technologies acquiring US-based Advano and securing AUD 45 million in funding, are expanding its presence in the global battery supply chain.
Investors will monitor the integration of Birla Tyres through a proposed merger designed to establish an integrated tyre value chain. Future performance will also depend on the commercial rollout of its advanced materials and ongoing expansion across its international markets, which span 61 countries.
Key points
- Consolidated Q2 FY27 profit after tax rose 31.33% year-on-year to Rs 231 crore, while revenue increased 57.93% to Rs 1,691 crore.
- Quarterly EBITDA grew 27.48% to Rs 303 crore, bringing first-half EBITDA to Rs 616 crore on revenue of Rs 3,123 crore.
- A proposed merger with Birla Tyres aims to create an integrated tyre value chain across feedstock, carbon black, R&D, and manufacturing.
- Investee Sicona Battery Technologies completed the full acquisition of US-based Advano and secured AUD 45 million in grant funding.
- Himadri Speciality Chemical shares fell 8.30% to 605.9 INR in recent market action.
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What were Himadri Speciality Chemical's Q2 FY27 earnings results?
Himadri Speciality Chemical reported a consolidated net profit of Rs 231 crore for Q2 FY27, up 31.33% year-on-year. Quarterly revenue from operations grew 57.93% to Rs 1,691 crore, while EBITDA rose 27.48% to Rs 303 crore.
What strategic expansions is Himadri Speciality Chemical pursuing?
Himadri is expanding in advanced materials for lithium-ion batteries and electric mobility, pursuing a merger with Birla Tyres, and supporting portfolio investments in battery technology firms like Sicona Battery Technologies.
How did Himadri Speciality Chemical stock move after earnings?
Shares of Himadri Speciality Chemical Ltd. fell 8.30% to 605.9 INR following the earnings report.