Himadri Speciality Chemical Provides Facility Development Timeline and Capacity Expansion Update

Himadri Speciality Chemical has provided operational guidance on key facility developments and capacity expansion initiatives during its recent conference call. The company outlined timelines for major projects that are expected to enhance its production capabilities in the coming quarters.

Anthraquinone and Carbazole Facility Development

The company confirmed that its commercial anthraquinone and carbazole facility remains on track for the planned timeline. The facility is scheduled to commence commercial operations in Q2 FY27, maintaining its original development schedule.

Project Details:	Timeline
Facility Type:	Commercial anthraquinone and carbazole
Expected Commissioning:	Q2 FY27
Current Status:	On schedule

Coal Tar Pitch Distillation Capacity Enhancement

Himadri Speciality Chemical has outlined its plans for expanding coal tar pitch distillation capacity through debottlenecking initiatives. The company expects this capacity enhancement to follow a phased approach with gradual ramp-up over the next two to three quarters.

Capacity Expansion:	Details
Process:	Debottlenecking of coal tar pitch distillation
Ramp-up Period:	Next 2-3 quarters
Full Benefits Expected:	Q1 FY27

Operational Timeline Overview

The company's guidance indicates a structured approach to capacity expansion and new facility development. The coal tar pitch distillation capacity enhancement is expected to deliver full operational results from Q1 FY27, while the anthraquinone and carbazole facility will begin commercial operations in the subsequent quarter.

These developments represent significant milestones in the company's operational expansion strategy, with both initiatives expected to contribute to enhanced production capabilities in the FY27 period.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.63%	-2.47%	-4.10%	-10.08%	-13.31%	+873.99%

Himadri Speciality Chemical has provided encouraging updates on its lithium iron phosphate (LFP) cathode active material manufacturing project during a recent conference call. The company reaffirmed its timeline for the commercial launch of its significant capacity expansion in the battery materials segment.

Project Timeline and Capacity Details

The management confirmed that the first commercial phase of the 40,000 metric tons per annum LFP cathode active material plant remains on track for Q3 FY27. This timeline represents a crucial milestone for the company's entry into the rapidly growing battery materials market.

Parameter:	Details
Plant Capacity:	40,000 metric tons per annum
Commercial Launch:	Q3 FY27
Significant Utilization Expected:	FY29
Projected Asset Turn:	Over 2x

Operational Projections

The company's guidance indicates that while commercial operations will commence in Q3 FY27, significant utilization of the plant capacity is expected to materialize in FY29. This phased approach suggests a gradual ramp-up of operations as market demand develops and production processes are optimized.

Financial Efficiency Targets

Management has projected an asset turnover ratio of over 2x for the LFP cathode active material plant. This metric indicates the company's expectation of generating more than twice the plant's asset value in annual revenue, demonstrating confidence in the operational efficiency and market potential of the facility.

The LFP cathode active material plant represents Himadri Speciality Chemical's strategic expansion into the battery materials sector, positioning the company to capitalize on the growing demand for lithium-ion battery components in various applications including electric vehicles and energy storage systems.