Himadri Speciality Chemical posts 31% rise in Q2 profit to Rs 231 crore
Indian specialty chemicals maker reported revenue up nearly 58% and profit after tax of Rs 231 crore for the quarter, according to Moody's.
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what happened
According to Moody's, Himadri Speciality Chemical delivered strong results for the second quarter of fiscal 2027. Consolidated revenue from operations reached Rs 1,691 crore, up 57.93% from a year earlier. Profit after tax climbed 31.33% to Rs 231 crore, while EBITDA rose 27.48% to Rs 303 crore. The figures come from the company's investor release dated October 17, 2026.
For the first half, revenue totalled Rs 3,123 crore (up 43%), EBITDA reached Rs 616 crore (up 30%), and profit after tax rose 29% to Rs 460 crore. The company credits the growth to a better product mix and an expanding range of specialty and advanced materials, including carbon nanotubes and materials for lithium-ion batteries.
The company also strengthened its battery and tyre businesses. The proposed merger of Birla Tyres is meant to create an integrated tyre value chain, while Sicona Battery Technologies completed the full acquisition of US-based Advano.
why it matters
For markets, this is one company's report from India's chemicals sector, but it points to growing demand for battery and electric-vehicle materials. Fast growth in revenue and profit signals resilience, though the direct effect so far is limited to the company's own shares and investor interest in the battery theme.
market impact
Indian chemicals sector and battery materials makers: strong results support interest in the company
tags
instruments
sources
- Himadri Speciality Chemical Q2 Profit Rises 31% To Rs 231 Cr — Moody's, 19 October 2026 at 16:31 UTC
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