Himadri Speciality Chemical announced its audited financial results for FY26, demonstrating exceptional performance across key metrics. The Board of Directors, in its meeting held on 23 April 2026, approved both standalone and consolidated results, alongside several strategic corporate governance decisions and operational milestones.

Financial Performance Overview

The company delivered outstanding financial results for FY26, with consolidated net profit reaching ₹755.07 crore, representing a 36.00% increase from ₹555.09 crore in the previous year. On a standalone basis, net profit stood at ₹749.70 crore, up 34.30% from ₹558.06 crore in FY25. Revenue from operations for the consolidated entity reached ₹4,660.70 crore, while standalone revenue was recorded at ₹4,405.11 crore.

Dividend Declaration

The Board recommended a final dividend of ₹0.80 per equity share of Re. 1 each, equivalent to 80% of face value. The total dividend amount aggregates to ₹40.36 crore for FY26. The payment is subject to shareholder approval at the ensuing Annual General Meeting.

Operational Milestones

The company achieved significant operational developments during FY26. On 23 April 2026, Himadri commenced its first anode material production facility at Mahistikry, Hooghly, West Bengal, with an initial capacity of 200 MTPA. Additionally, the company completed a brownfield expansion for a new specialty carbon black line of 70,000 MTPA at the same location, with commercial operations commencing from 24 February 2026. The total carbon black capacity now stands at 250,000 MTPA, representing the world's largest single-location facility.

Corporate Governance Appointments

The Board made several key governance appointments. Ernst & Young LLP was re-appointed as Internal Auditor for FY27. Mr. Sambhu Banerjee (Membership No. 9780) was appointed as Cost Auditor for FY27, bringing 46 years of diverse industry experience. The Board also approved the re-appointment of two Independent Directors for second terms: Mr. Girish Paman Vanvari (DIN: 07376482) for five years from 22 June 2026, and Mr. Gopal Ajay Malpani (DIN: 02043728) for five years from 13 August 2026, both subject to shareholder approval.

Global Expansion Initiative

In a strategic move to expand global operations, the Board approved the incorporation of a foreign wholly owned step-down subsidiary in Guangzhou, China. The subsidiary will focus on trading in chemical and allied products, plant and machinery, equipment, and other capital goods. The incorporation is subject to necessary regulatory approvals. The board meeting, which commenced at 12:00 p.m. and concluded at 4:00 p.m. on 23 April 2026, underscores the company's commitment to robust corporate governance while positioning for sustained growth in specialty chemicals and advanced materials sectors.

Himadri Speciality Chemical Ltd has achieved a significant milestone with the commencement of operations at its first anode material production facility. The company announced this development through an official regulatory filing under Regulation 30 of the SEBI LODR Regulations, marking a major step forward in its battery materials manufacturing capabilities.

Facility Details and Capacity

The new production facility is located at Mahistikry, Hooghly, West Bengal, and has commenced operations with an initial installed capacity of 200 MTPA. This facility represents the culmination of over 10 years of dedicated in-house research and development efforts.

Technology and Value Chain Integration

The facility showcases the company's comprehensive approach to anode technology, covering the entire value chain from raw material processing to finished anode material production. This integrated approach strengthens Himadri's differentiated capabilities in advanced battery materials and positions the company strategically in the growing battery materials sector.

The production process has been specifically designed to accommodate alternative raw material feeds, ensuring both scalability and long-term resilience as market conditions evolve. This flexibility is expected to provide operational advantages as the industry continues to develop.

Strategic Context and Market Positioning

This facility launch is part of Himadri's broader strategic initiative for Lithium-ion battery component production, which was previously communicated on 06 December 2023. The overall plan involves production in phases with a total annual production capacity target of 200,000 MT.

The facility positions Himadri to address the accelerating global demand arising from two key growth sectors:

• Electric vehicles (EVs)
• Energy storage systems

Regulatory Compliance and Corporate Information

The announcement was made through proper regulatory channels, with the information being simultaneously disclosed to both BSE Limited (Listing Code: 500184) and National Stock Exchange of India Ltd (Listing Code: HSCL). The filing was signed by Company Secretary & Compliance Officer Monika Saraswat, ensuring full compliance with disclosure requirements.

Expected Impact on Business Performance

The company expects this capacity addition to further strengthen its portfolio and contribute to both production capabilities and revenue growth going forward. The facility represents a significant expansion of Himadri's manufacturing footprint in the advanced materials sector and demonstrates the company's commitment to participating in the growing battery materials market.