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Himadri Speciality Chemical Q2 Net Profit Jumps 29 Percent Despite Margin Pressure
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CNBC TV18•16-10-2026, 18:50
Himadri Speciality Chemical Q2 Net Profit Jumps 29 Percent Despite Margin Pressure
- •Himadri Speciality Chemical reported a 28.9 percent year-on-year rise in net profit to ₹239.8 crore for the September quarter.
- •Revenue grew by 44.2 percent to ₹1,543 crore, driven by strong operational performance.
- •EBITDA margin contracted by 140 basis points to 20.7 percent compared to 22.1 percent in the previous year.
- •The company aims to double its profit to ₹1,100 crore by FY28 through expansion into battery materials and global markets.
- •Anode materials remain central to its growth strategy, with plans to capture a 2 percent to 3 percent share of the global market.
Key Questions Answered
Himadri Speciality Chemical reported a 28.9% year-on-year increase in net profit to ₹239.8 crore and a 44.2% jump in revenue to ₹1,543 crore for the September quarter. EBITDA climbed 34.7% to ₹319.8 crore, though the EBITDA margin contracted by 140 basis points to 20.7%.
Himadri Speciality Chemical expects its profit after tax to double to ₹1,100 crore by FY28. This growth is driven by its strategic expansion into battery materials and global markets.
Himadri is building a hybrid portfolio spanning natural graphite, synthetic graphite, silica, and silicon-carbon materials. The company is targeting a 2% to 3% share of the global anode market over the next five years.
