FCC

Himadri PAT Rises 48% in Q1 Amid Global Battery Push

2025-07-18

Himadri Speciality Chemical Ltd reported its highest-ever quarterly EBITDA of Rs 234 crore and PAT of Rs 183 crore for Q1 FY26, with profitability up 48% YoY. Revenue stood at Rs 1,100 crore.

CMD Anurag Choudhary attributed the gains to operational efficiencies, improved yields, and focus on high-value battery materials. Himadri also revived Birla Tyres with a new brand identity and plans a multi-platform marketing campaign.

The firm signed a licensing deal with Australia’s Sicona for SiCx® anode tech, enabling localisation and commercialisation in India. Himadri also invested USD 4.43 million in US-based IBC, acquiring a 16.24% stake. IBC's Bengaluru Gigafactory is set to begin operations by Q4 FY26.

These moves support Himadri’s strategy to scale clean-tech and tap global lithium-ion demand. The company exports to 56 countries and operates eight zero-liquid discharge plants powered by in-house clean energy.