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Himadri Speciality Chemical Q3FY26 PAT Rises 36% to ₹192 Crore on Strong Growth
Himadri Speciality Chemical Limited
January 16, 2026, 11:17 AM
Himadri Speciality Chemical reported Q3FY26 PAT of ₹192.04 crore, up 36% YoY. Nine-month PAT surged 37% to ₹547.54 crore. Trial production began at the speciality carbon black expansion project in Mahistikry. The company also executed its first liquid coal tar pitch export from New Mangalore Port. EcoVadis awarded its Platinum medal for sustainability.
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Himadri Speciality Chemical Ltd. has announced its financial results for the quarter and nine months ended December 31, 2025. The company reported a consolidated EBITDA of ₹725.83 crore for the nine months ended December 31, 2025, marking an approximate 18% growth over the same period in FY25. Profit After Tax (PAT) for the nine-month period stood at ₹547.54 crore, an impressive 37% year-on-year increase. In the third quarter of FY26, EBITDA reached ₹252.73 crore, up approximately 12% compared to Q3FY25, while PAT rose to ₹192.04 crore, reflecting a strong 36% growth.
The company highlighted a revenue of ₹3,303.80 crore, with total sales increasing to 4,28,572 MT, a ~3% year-on-year growth. The product mix remains focused on high value-added products. A significant achievement during the quarter was the start of trial production at the speciality carbon black expansion project in Mahistikry in December 2025. Once operational, this facility is expected to make Mahistikry the world's largest single-site facility for speciality carbon black, increasing the total speciality carbon black capacity to 1,30,000 MTPA and enabling the capture of opportunities in premium markets.
Furthermore, Himadri executed its first-ever liquid coal tar pitch export from the New Mangalore Port, successfully shipping 3,600 tons to the Middle East. This achievement establishes a second export corridor alongside Haldia, enhancing logistics flexibility and global reach. The company also reported that upon receipt of the balance consideration amount of ₹237 crore from the Promoters, it allotted one crore equity shares to them, bringing the Promoter shareholding to 52.50%.
In terms of sustainability, Himadri reaffirmed its ESG excellence by earning the EcoVadis Platinum medal for the second consecutive year, placing it among the top 1% of companies globally assessed on sustainability performance. The company was also recognized with the Dun & Bradstreet's Top Value Creator 2025 – Chemicals award. Himadri continues to focus on purposeful innovation and expanding its product portfolio, with R&D embedded in its strategy, aiming for 2,00,000 MTPA LFP cathode material capacity and commercialization of advanced anode materials.
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