Himadri Speciality Chemical Limited — Updates, 13-01-2025: Press Release

Himadri Speciality Chemical Ltd reported robust financial outcomes for the quarter and nine months, showcasing impressive growth across key metrics. Sales volume soared 24% YoY, reaching 415,679 MT, while revenue grew by 15% to Rs. 3,467 Cr. The company achieved its highest quarterly EBITDA of Rs. 222 Cr, contributing to a 34% increase in EBITDA for the nine months to Rs. 611 Cr. PAT also increased by 35% to Rs. 400 Cr, cementing Himadri's strong financial trajectory.

Looking forward, Himadri is set to invest Rs. 120 Cr in a new facility to produce high-value specialty products, anticipated to commence within 18 months. This is part of their strategy to ramp up export capabilities, especially following the launch of a new liquid coal tar pitch terminal. Notably, Himadri has earned the EcoVadis Platinum medal, positioning it among the top 1% of companies globally for sustainability practices.

Overall, the company maintains a positive outlook, with substantial capacity expansions planned and a commitment to innovation in the lithium-ion battery sector and specialty chemicals.