Himadri Speciality Chemical Ltd has reported a 48% year-on-year growth in Profit After Tax (PAT), reaching ₹183 crore in Q1FY26. The company also posted its highest-ever quarterly EBITDA at ₹234 crore. This performance reflects a continued emphasis on high-value speciality products, operational efficiencies, and enhancements in its waste heat recovery systems. While revenue saw a marginal dip due to raw material price corrections, the company delivered robust profitability and strategic progress.
Operations at Birla Tyres have officially resumed. Alongside the relaunch, the company has introduced a revitalized brand identity featuring a modernized logo and a redesigned corporate website. As part of its brand repositioning, Birla Tyres will soon roll out a multi-platform marketing campaign aimed at both new-generation and long-standing customers, reinforcing its image as a high-performance, future-ready brand.
In a strategic move toward clean-tech leadership, Himadri has entered into an exclusive technology licensing agreement with Sicona, an Australian innovator in next-gen battery materials. The collaboration will bring Sicona’s SiCx® silicon-carbon anode technology to India. This cutting-edge material has demonstrated the ability to increase lithium-ion battery energy density by up to 20% and charging speeds by up to 40%, promising significant advancements in electric vehicle and energy storage applications.
Furthering its vision for global expansion in energy materials, Himadri has acquired a 16.24% equity stake in International Battery Company (IBC) for USD 4.43 million. IBC, headquartered in the U.S., develops chemistry-agnostic prismatic lithium-ion cells and has manufacturing operations in South Korea. With a Gigafactory set to launch in Bengaluru by Q4 FY26, this partnership gives Himadri strategic access to production infrastructure and customer networks across India, the U.S., and East Asia. It also marks the beginning of commercial deployment of Himadri’s LFP cathode and anode materials.
Commenting on the company’s performance, Anurag Choudhary, Chairman and Managing Director, said: “This quarter marks our highest-ever PAT and EBITDA, driven by a sharp focus on speciality product innovation, yield optimization, and sustainable operations. Despite topline pressures, we made significant strides on our strategic roadmap. Our investments in battery technologies, rebranding of Birla Tyres, and our expanding international collaborations reinforce our commitment to long-term value creation and leadership in clean-tech solutions.”
Himadri Speciality Chemical Ltd is a leading global player in speciality chemicals, with a strong emphasis on R&D, innovation, and sustainability. As a pioneer in India’s lithium-ion battery material ecosystem, the company develops critical raw materials across the battery value chain. Its product portfolio includes speciality carbon black, coal tar pitch, refined naphthalene, SNF, speciality oils, and clean energy solutions—serving sectors like batteries, tyres, plastics, paints, aluminium, defence, and construction chemicals.
With exports to 56 countries and eight zero-liquid discharge manufacturing facilities powered entirely by in-house clean energy, Himadri demonstrates deep commitment to sustainability and corporate responsibility. As a people-first organization, it continues to drive innovation and positive industry impact through its focus on advanced materials and global growth.
