Himadri Speciality Chemical Q3 FY26 Earnings Call Transcript Released
Himadri Speciality Chemical released its Q3 FY26 earnings call transcript. Key achievements include the world's largest single-site speciality carbon black plant and a new coal tar pitch terminal. Standalone PAT grew 37% YoY to ₹195 crore in Q3 FY26, with 9-month PAT at ₹564 crore (41% YoY growth). The company is on track for its LFP Cathode Active Material plant by Q3 FY27. Promoters increased stake to 52.5%.
The release of the earnings call transcript provides crucial insights into the company's performance, strategic initiatives like the speciality carbon black expansion and battery materials venture, and financial health, which are material information for investors and stakeholders.
The announcement details significant operational achievements, strong financial performance with substantial year-on-year growth in PAT, strategic advancements in battery materials, and increased promoter confidence, all indicating a positive outlook for the company.
Himadri Speciality Chemical Limited has released the transcript of its earnings conference call for the third quarter and nine months ended December 31, 2025. The call, held on January 21, 2026, featured insights from Chairman and MD Anurag Choudhary, EVP Somesh Satnalika, and CFO Kamlesh Agarwal.
Key highlights from the call include the commencement of trial production for the speciality carbon black expansion project, making Himadri the owner of the world's largest single-site speciality carbon black plant with a capacity of 130,000 metric tons per annum. The company also commissioned a Mangalore port terminal for coal tar pitch, successfully delivering 3,600 metric tons to the Middle East, establishing a second export corridor alongside Haldia.
Himadri was recognized with the EcoVadis platinum medal for the second consecutive year and certified as a Great Place to Work. Financially, for Q3 FY26 on a standalone basis, revenue was ₹1,133 crore, EBITDA was ₹249 crore (12% YoY growth), and PAT was ₹195 crore (37% YoY growth). For the nine months ended December 31, 2025, standalone revenue stood at approximately ₹3,304 crore, EBITDA at ₹726 crore (~19% YoY growth), and PAT at ₹564 crore (41% YoY growth). Consolidated PAT for the nine months exceeded the full FY25 PAT.
The company is progressing with its battery materials venture, with the first commercial phase of 40,000 metric tons per annum LFP Cathode Active Material capacity on track for Q3 FY27. This positions Himadri as the first commercial LFP Active Material plant globally outside China. The company also highlighted its R&D investments and strategic collaborations, emphasizing a focus on innovation and import substitution.
Promoters have increased their stake to 52.5% through the conversion of warrants acquired at ₹316 per warrant, underscoring confidence in the company's growth trajectory. The company anticipates doubling its PAT from FY25 to FY28, with growth primarily funded by internal accruals.
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Himadri Speciality Chemical Limited filed this with the NSE as a statutory disclosure, categorised under concall transcript released. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Himadri Speciality Chemical Limited. Read the original for the full detail.