Himadri Speciality Chemicals Share Price Hits Fresh 52-Week High After Record Q1 Results, ₹240 Crore Expansion Plans

Himadri Speciality Chemicals shares hit a fresh 52-week high on Tuesday, extending gains for a ninth consecutive trading session after the company reported record June-quarter earnings and announced two speciality materials expansion projects with a combined investment of about ₹240 crore.

The stock rose as much as 2% to an intraday high of ₹791.40 at the time of writing, surpassing Monday's previous 52-week high of ₹786.85. Himadri shares had climbed as much as 6.11% in the previous session before settling 4.01% higher at ₹771.25. The latest gains have extended the stock's winning streak to nine straight sessions.

Himadri Speciality Chemicals Q1 Results

Himadri Speciality Chemicals reported its highest-ever quarterly revenue, EBITDA and net profit for the quarter ended June 30, 2026.

Consolidated net profit rose 27.4% year-on-year to ₹228.43 crore from ₹179.36 crore in the corresponding quarter last year. Revenue from operations increased 28% to ₹1,432 crore from ₹1,118 crore, while total income rose 30% to ₹1,488.19 crore compared with ₹1,144.97 crore a year earlier.

EBITDA grew 33% year-on-year to ₹313 crore from ₹235 crore, translating into an EBITDA margin of 22%. The company reported a profit-after-tax margin of 16%.

Chairman, Managing Director and CEO Anurag Choudhary said the company's performance was driven by an improved product mix across its core businesses, continued growth in speciality materials and sustained execution of its diversification strategy despite a challenging geopolitical environment. He added that Himadri continues to expand its presence in higher-value, technology-driven materials through innovation and global partnerships.

Himadri Announces ₹240 Crore Expansion Projects

Alongside its quarterly results, Himadri announced two downstream expansion projects aimed at strengthening its speciality materials portfolio.

The company will invest about ₹70 crore to establish a 200 MTPA carbon nanotube manufacturing facility using technology developed by its in-house research and development team. The project is expected to be commissioned in the fourth quarter of the current financial year. Carbon nanotubes are used in applications including lithium-ion batteries, semiconductors, electronics, conductive films, sensors, advanced composites, coatings, construction materials and aerospace.

Himadri also plans to invest around ₹170 crore to convert 6,000 MTPA of its existing carbon black capacity into super speciality carbon black. The project is scheduled for commissioning in the fourth quarter of FY28 and will cater to industries such as battery materials, engineered plastics, conductive compounds, coatings and technical fabrics.

The company said the two projects further strengthen its integrated carbon black platform while expanding its presence in high-margin advanced materials.

Himadri Share Price Performance

Himadri Speciality Chemicals shares have been among the strongest performers in the speciality chemicals sector this year. The stock has gained more than 17% over the past week and a similar amount over the past month.

On a year-to-date basis, the stock has advanced around 62%, while it has risen about 54.5% over the past one year. Over a longer period, Himadri shares have delivered returns of about 459% over three years and more than 1,400% over the past five years.

The sustained rally follows the company's record quarterly performance and expansion into higher-value speciality materials, which investors see as supporting its long-term growth strategy.

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