Quarterly results for Himadri Speciality Chemical Ltd

Himadri Speciality Chemical Limited – Q1 FY26 Results Summary
Announcement Date: 15 July 2025

• Financial Highlights (Standalone):
• Revenue from operations: Rs. 1,100.42 Cr (↓2.5% QoQ, ↓8.3% YoY)
• EBITDA: Rs. 221.07 Cr; Operating margin: 21.26% (up from 15.64% in Q1 FY25)
• Net profit after tax: Rs. 182.57 Cr (+48% YoY, +15% QoQ); Net profit margin: 16.59%

• Basic EPS: Rs. 3.70 (vs. Rs. 2.50 in Q1 FY25)

• Consolidated Results:

• Revenue from operations: Rs. 1,118.29 Cr
• EBITDA: Rs. 220.61 Cr; Operating margin: 21.04%

• Net profit after tax: Rs. 179.36 Cr; EPS: Rs. 3.68

• Balance Sheet & Ratios:

• Net worth: Rs. 3,802.97 Cr (standalone), Rs. 3,881.93 Cr (consolidated)
• Debt-equity ratio stable at ~0.21-0.22

• Strong liquidity with current ratio >2 and coverage ratios (DSCR >12, ISCR >17)

• Segment Performance:

• Carbon materials & chemicals segment: Rs. 1,094.98 Cr revenue; Rs. 198.93 Cr profit
• Power segment: Rs. 25.54 Cr revenue; Rs. 22.14 Cr profit

• Carbon segment remains the primary revenue and profit driver

• Corporate Activity:

• Issued Rs. 300 Cr commercial paper at 6.30%-6.75%, rated A1+, redeemable within 2-3 months
• Consolidated multiple subsidiaries including recent acquisitions (Birla Tyres Ltd, Invati Creations Pvt Ltd, others)

• Control established over certain subsidiaries despite sub-50% shareholding due to contractual rights

• Accounting & Other Notes:

• Migrated to lower tax regime under Section 115BAA effective 1 April 2025
• Foreign exchange gains of Rs. 9.80 Cr contributed positively to other income in Q1 FY26
• No exceptional items, impairments, or restructuring costs reported

• Auditor’s limited review report issued with no qualifications

• Outlook: No specific guidance provided in this announcement.

Note: This is an AI generated summary of the results. There may be inaccuracies in the summary. Please refer to the original document before making investment decisions.