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Himadri Reports Record Q1 Profit
The Business Guardian
|July 27, 2025
Himadri Speciality Chemicals Limited started the financial year 2026 with a strong and focused spirit of "Himadri reloaded," reflecting a strategic direction rooted in capacity expansion, technology-driven product development, and global integration.
The company declared its highest ever EBITDA at Rs 235 crores and profit after tax of Rs 183 crores on a standalone basis for the first quarter of 2026. The standalone revenue for the quarter stood at Rs 1118 crores, while EBITDA grew by 25% and profit after tax grew by a stupendous 48% growth rate.
The net debt level of the company stood at Rs 107 crores for Q1FY26, while ROCE stood at 32% for the same quarter of the current financial year. This excellent performance was led by an increase in sales of high-value products, better operational efficiencies, improvement in yield, and a strong waste heat recovery system. It is worth noting that while revenue growth got marginally impacted due to a correction in raw material prices, the profitability trajectory remained on a firm and sustainable upward path.
This story is from the July 27, 2025 edition of The Business Guardian.
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