Himadri Speciality Chemical Ltd announced its financial results for the quarter and nine months ended 31 December 2025, reporting stable operating performance supported by volume growth, a favourable product mix, and continued progress on capacity expansion initiatives. For the nine months ended 31 December 2025, the Company recorded consolidated revenue of ₹3,303.80 crore. Total sales volumes stood at 4,28,572 metric tonnes, representing a year-on-year growth of approximately 3%. The product mix remained focused on higher value-added products, contributing to margin stability.
On a consolidated basis, EBITDA for the nine-month period stood at ₹725.83 crore, an increase of around 18% compared to the corresponding period of the previous year. Profit after tax for 9M FY26 was ₹547.54 crore, reflecting a year-on-year growth of 37% and exceeding the Company’s profit for the full financial year FY25.
For the third quarter ended 31 December 2025, EBITDA was reported at ₹252.73 crore, up approximately 12% over Q3 FY25. Profit after tax for the quarter increased to ₹192.04 crore, registering a growth of 36% on a year-on-year basis.
Commenting on the performance, Anurag Choudhary, Chairman, Managing Director and Chief Executive Officer of Himadri Speciality Chemical Ltd, said that the Company delivered consistent results during the quarter and the nine-month period, supported by disciplined execution, improved operational efficiencies, and a continued emphasis on value-added products.
During December 2025, the Company commenced trial production at its speciality carbon black expansion project at Mahistikry. Upon completion and stabilization, this facility will make Mahistikry the largest single-location speciality carbon black manufacturing site globally, increasing Himadri’s total speciality carbon black capacity to 1,30,000 MTPA. The expanded capacity is expected to support demand from segments such as plastics, inks, paints, and other speciality applications.
The quarter also marked the commissioning of the new terminal at Mangalore Port. During the period, the Company successfully exported 3,600 tonnes of liquid coal tar pitch to the Middle East. This development establishes Mangalore as a second export hub alongside Haldia, enhancing logistics flexibility and strengthening the Company’s international presence.
Birla Tyres continued to expand its reach across domestic and international markets, including Asia, the Middle East, and Africa. The brand is supported by a distribution network of 36 distributors and over 640 dealers. Its portfolio includes more than 80 products across key ranges such as KalaPatthar, Shaan+, BT339, and Ultra Trac. Marketing and outreach initiatives during the quarter included participation in Automechanika Dubai and engagement programmes such as the Kisan Samman Samaroh.
During the quarter, upon receipt of the balance consideration of ₹237 crore from the Promoters, the Company allotted one crore equity shares to them. Following this allotment, promoter shareholding increased to 52.50%. The Company continued to receive recognition for its sustainability and governance practices. Himadri was awarded the EcoVadis Platinum rating for the second consecutive year, placing it among the top 1% of companies globally. It was also recognised at the 19th EXCEED Environment Awards 2025 for quality management and corporate social responsibility initiatives.
Himadri remains focused on long-term growth through research-led product development, expansion into advanced materials, and alignment with evolving sustainability and energy transition requirements. Himadri is recognised for its strong commitment to sustainability, safety and responsible governance, while its people-first philosophy drives continuous innovation and global growth.
