Himadri Speciality Chemical has achieved a significant operational milestone by commencing trial production at its Mahistikry speciality carbon black expansion facility. This development marks a crucial step in the company's capacity enhancement strategy and strengthens its position in the global speciality chemicals market.

Facility Expansion Details

The Mahistikry facility expansion represents a major investment in production infrastructure. The following table outlines the key parameters of this development:

Strategic Significance

The expansion at Mahistikry will increase Himadri Speciality Chemical's total production capacity to 130,000 metric tonnes per annum. This substantial capacity enhancement positions the facility as the largest single-site speciality carbon black production unit globally, demonstrating the company's commitment to scaling operations and meeting growing market demand.

Production Milestone

The commencement of trial production represents a critical phase in the facility's operationalization process. Trial production typically involves testing equipment performance, validating product quality standards, and ensuring operational efficiency before full-scale commercial production begins. This phase allows the company to fine-tune processes and ensure optimal performance of the expanded facility.

Market Position

With the Mahistikry expansion, Himadri Speciality Chemical strengthens its position in the speciality carbon black segment. The achievement of becoming the world's largest single-site facility in this category underscores the company's manufacturing capabilities and its strategic focus on capacity expansion to serve both domestic and international markets.

Himadri Speciality Chemical Ltd has delivered exceptional Q3FY26 results, showcasing significant margin expansion and robust operational performance. The company's EBITDA margin improved to 21.09% compared to 19.35% in the previous year, reflecting enhanced operational efficiency and focus on high value-added products.

Enhanced Financial Performance in Q3FY26

The company's latest financial metrics demonstrate strong year-over-year growth with improved profitability:

For the nine-month period, the company maintained strong momentum:

Revenue for the period stood at ₹3,303.80 crores, with total sales increasing to 4,28,572 MT, depicting approximately 3% year-on-year growth. The improved EBITDA margin expansion of 174 basis points highlights the company's successful shift towards higher-margin specialty products.

Major Operational Milestones

Himadri achieved several significant operational breakthroughs during the quarter:

Speciality Carbon Black Expansion

The company started trial production at its speciality carbon black expansion project in Mahistikry in December 2025. This landmark achievement marks the beginning of the next growth phase:

Export Corridor Expansion

The quarter marked a significant milestone with the commissioning of the new Mangalore Port terminal and successful export of 3,600 tons of liquid coal tar pitch to the Middle East. This achievement establishes a second export corridor alongside Haldia, enhancing logistics flexibility and global reach.

Corporate Developments and Recognition

During the quarter, the company allotted one crore equity shares to promoters upon receipt of ₹237.00 crores, bringing promoter shareholding to 52.50%. The company received multiple sustainability recognitions:

Business Segment Performance

Birla Tyres strengthened its market presence across India and international markets through a network of 36 distributors and over 640 dealers. The segment features over 80 products across flagship ranges including KalaPatthar, Shaan+, BT339, and Ultra Trac.

The improved EBITDA margin performance, combined with successful operational milestones, positions Himadri Speciality Chemical for sustained growth in the specialty chemicals sector.