Himadri Speciality Chemical posts 29% profit jump as speciality and battery materials surge

Himadri Speciality Chemical Ltd announced that its consolidated profit after tax grew 29% year-on-year to ₹460 crore in the first half of FY27, while revenue from operations surged 43% to ₹3,123 crore. Earnings before interest, tax, depreciation and amortisation rose 30% to ₹616 crore, driven by a stronger product mix and robust performance in its speciality chemicals and advanced materials segments. The company completed the acquisition of the remaining stake in Birla Tyres, making it a wholly-owned subsidiary and creating a more integrated tyre value chain.

During the quarter, Himadri expanded its stake in Sicona Battery Technologies, which acquired U.S. firm Advano and secured AUD 45 million from the Australian Renewable Energy Agency to advance silicon-carbon anode technology. A strategic investment in International Battery Company was also made to link R&D with downstream battery applications. Chairman and CEO Anurag Choudhary highlighted the milestones of crossing ₹3,000 crore in revenue, exceeding ₹600 crore in EBITDA, and surpassing ₹450 crore in profit, underscoring the firm’s shift toward high-value speciality chemicals and battery-related advanced materials.