Himadri Speciality Chemical Limited has released an investor presentation providing an update on its financial results for the quarter ended December 31, 2025 (Q3FY26) and the nine months ended the same date (9MFY26).

On a standalone basis, for 9MFY26, the company reported revenue of ₹3,303.80 crore, with total sales volume at 4,28,572 MT, representing a 3% year-on-year growth. EBITDA saw a 19% increase, and Profit After Tax (PAT) surged by 41% to ₹564 crore, surpassing the PAT of FY25. EBITDA per MT also grew by 15% to ₹16,934. The company highlighted a strategic focus on value-added products, contributing to profitability growth.

In terms of capacity expansion, Himadri Speciality Chemical is doubling its Speciality Carbon Black capacity with a brownfield expansion of a new 70,000 MTPA line, increasing the total capacity to 1,30,000 MTPA, aiming to become the world's largest single-site speciality carbon black producer. This expansion involves an estimated capex of ₹220 crore, with trial production commencing in December 2025.

The company also achieved a significant milestone by delivering its first export shipment of Liquid Coal Tar Pitch in November 2025 to the Middle East from Mangalore Port, marking a second export corridor alongside its Haldia terminal. This development aims to strengthen its presence in the global liquid coal tar pitch market.

Financially, the company completed a capital infusion through preferential warrants, allotting one crore equity shares to promoters upon receipt of ₹237 crore, leading to a promoter shareholding of 52.50%.

Himadri Speciality Chemical has received several recognitions, including the EcoVadis Platinum Medal for sustainability for the second consecutive cycle, being certified as a Great Place to Work®, and being recognized as India’s Top Value Creator 2025 – Chemicals by Dun & Bradstreet India.

The presentation also outlines Himadri's strategic roadmap towards 2028, focusing on high-value growth and diversification. Key initiatives include the full year of operations for the Speciality Carbon Black expansion, ramp-up of Birla Tyres capacity, forward integration to produce anthraquinone and carbazole by Q2FY27, and the commercial plant for LFP Cathode Active Material by Q3FY27. Significant investments are being made in battery material companies like Sicona Battery Technologies, Invati Creations, and International Battery Company (IBC) to capitalize on the growing demand for next-generation EVs and energy storage solutions.

The company is also expanding its product portfolio with new speciality carbon black grades and launching a B2C naphthalene balls brand, DurofreshTM. Future plans include setting up a facility for Anthraquinone & Carbazole extraction with an expected capex of ₹120 crore, commissioned by Q2FY27.

Himadri is making significant strides in the Lithium-Ion Battery (LiB) components sector, aiming to produce 2,00,000 MTPA of LFP Cathode Active Material and developing anode materials through its partnership with Sicona. The company is also exploring LiB recycling initiatives.

In other business segments, the company is focusing on a turnaround opportunity for Birla Tyres, aiming to build a comprehensive product portfolio of speciality tyres. The company has also outlined its sustainability goals and path to Net Zero, reinforcing its commitment to environmental, social, and governance (ESG) performance.