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Himadri Specialty Chemical Shares Plunge Nearly 7 Percent Amid Margin Pressures
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CNBC TV18•19-10-2026, 13:13
Himadri Specialty Chemical Shares Plunge Nearly 7 Percent Amid Margin Pressures
- •Himadri Specialty Chemical shares fell nearly 7 percent on Monday following the release of its Q2 earnings report.
- •The company reported a 28.9 percent increase in profit after tax to reach ₹240 crore for the second quarter.
- •Revenue surged 44.2 percent to ₹1,543 crore, and EBITDA rose 34.7 percent to ₹320 crore compared to the previous year.
- •Operating margins contracted by 140 basis points to 20.7 percent, overshadowing the strong revenue and profit growth.
- •CMD and CEO Anurag Choudhary stated that growth is driven by an optimized product mix and expanding portfolio of specialty materials.
Key Questions Answered
Himadri Specialty Chemical shares fell nearly 7% on Monday, October 19, 2026, as margin pressures overshadowed the company's Q2 revenue and profit growth.
In the second quarter, the company's profit after tax (PAT) increased by 28.9% to ₹240 crore, while revenue rose 44.2% to reach ₹1,543 crore compared to the previous year.
The company's operating margins contracted by 140 basis points, dropping to 20.7% from 22.1% in the same period last year.
