Himadri Specialty Targets 20%+ EBITDA Margins with Self-Funded Growth Strategy
Himadri Speciality Chemical has outlined its growth strategy focusing on maintaining EBITDA margins above 20% through capacity expansions and operational improvements. The company plans to use its own funds for future expansions to keep debt levels very low, demonstrating a conservative financial approach. Key developments include the Anthraquinone and Carbazole project scheduled for Q2 FY27 commissioning and a newly launched specialty carbon black facility with 70,000 metric tons capacity targeting 85-90% utilization in FY27.
28Apr 26
Himadri Speciality Chemical Plans Major Expansion in EV Materials and Tire Manufacturing
Himadri Speciality Chemical has announced major expansion plans in the electric vehicle sector, including commissioning 2,000 metric tons of lithium-ion phosphate cathode active material by Q3 FY27 with full operations by FY29. The company will also launch passenger car radial tire manufacturing capacity in 24 months, specializing in tires for electric vehicles.
28Apr 26
Himadri Speciality Chemical's Birla Tyres Division Targets Revenue Growth to ₹3,000 Crores Over Four Years
Himadri Speciality Chemical's Birla Tyres division has set ambitious growth targets, aiming to expand revenue from ₹187 crores in FY26 to nearly ₹3,000 crores over four years. The company expects revenue and profit increases in FY27, moving away from recent flat growth trends, though no exact FY27 forecast has been provided.
28Apr 26
Himadri Specialty Chemical Targets Doubling PAT to Over INR 1,100 Crores by FY28
Himadri Specialty Chemical has announced plans to more than double its Profit After Tax from INR 555 crores in FY25 to over INR 1,100 crores by FY28. The company has identified PAT as a key performance measure and is developing growth plans for its anode business segment, with details to be shared later.
Himadri Speciality Chemical Acquires 16.24% Stake in US Battery Company for ₹37.47 Crore
Himadri Speciality Chemical Ltd has acquired a 16.24% stake in a US-based International Battery Company for USD 4.43 million (₹37.47 crore). This strategic move marks Himadri's entry into the global battery sector, aligning with growing demand for energy storage solutions. The acquisition represents a significant step in diversifying Himadri's portfolio and expanding its international presence, potentially opening new revenue streams in the high-growth battery technology sector.
21Apr 25
Himadri Speciality Chemical Reports Strong Q4 FY2023 Results with 37% Profit Surge
Himadri Speciality Chemical Limited reported robust Q4 FY2023 results with net profit rising 37.4% to ₹1.58 billion. EBITDA improved to ₹2.34 billion, with margin expanding to 20.77%. Revenue slightly decreased to ₹11.29 billion. The company announced a final dividend of ₹0.60 per share and approved acquisition of Elixir Carbo Private Limited for ₹750 million.
04Apr 25
Himadri Speciality Chemical Expands into Resource Extraction with Strategic Acquisition
Himadri Speciality Chemical Ltd is acquiring a 60% stake in Trancemarine and Confreight Logistics Private Limited for ₹4.23 crore, marking its entry into the critical and industrial minerals sector. The deal includes indirect acquisition of Sturdy Niketan Private Limited. Himadri will also provide a loan up to ₹150 crore to Sturdy Niketan for royalty payments in mineral extraction. The acquisition is expected to be completed within 10 days of signing agreements.