Himadri Speciality Chemical Limited, incorporated in 1987, has is headquartered in Kolkata. Himadri Chemical has seven manufacturing facilities in India and one manufacturing unit in China. Over the years, Himadri Chemical has established itself as one of the world's most extensive value chains in the carbon segment.
As on March 31, 2023, the Promoters hold 45.61% shares in the company whereas FIIs, DIIs and Public holds 2.36%, 0.48% and 51.54% shares respectively.
The market capitalisation of Himadri Speciality Chemical is over ₹17,000 crore as of January 5, 2024. Himadri share price has gained over 730% in the past three years.
Business operations
Himadri Chemical makes various products such as coal tar pitches, graphite grade binder pitches, zero QI pitches for graphite grades, naphthalene and refined naphthalene and speciality oils. Recently, the company broadened its product range to include battery materials and other value-added speciality products. Its products are used in lithium-ion batteries, tyres, mechanical rubber goods, plastics and dyes.
Himadri Chemical is the first Indian producer of anode material, which is crucial for the manufacture of lithium-ion batteries. Within the industry, the company is the largest Indian manufacturer of coal tar pitch with an impressive market share of over 60%. Himadri Chemical also holds the position of the largest Indian player when it comes to refined naphthalene.
The company has also made significant strides in the production of SNF (sulphonated naphthalene formaldehyde), making it a dominant player in the Indian market. Himadri Chemical’s success in producing premium grades of speciality carbon black has significantly impacted various industries globally. The company is also a leading name in the production of PCE (polycarboxylate ether) and owns a PCE manufacturing facility.
In 1990, Himadri Commissioned a coal tar distillation plant in Liluah, Howrah, West Bengal.
Himadri Chemical commissioned a distillation plant in Howrah in 1990, and a manufacturing unit at Visakhapatnam. In 2000, Himadri Ispat Limited's coal tar distillation facility was merged with Himadri Chemical In 2007, Himadri Chemical established a pitch melting plant at Korba in Chhattisgarh.
Before 2010, the company's primary focus was supplying essential raw materials to various core industries. Specifically, it provided coal tar pitch to the aluminium and graphite electrode sectors, as well as carbon black to the tire industry.
Himadri Chemical also produces clean and eco-friendly power, sold to the state electricity grid and used internally. This is achieved by utilising low-calorie waste gas emitted during the carbon black manufacturing process.
The company’s R&D unit is located at Mahistikry in West Bengal’s Hooghly. Himadri Chemical has a vast network enabling a better reach of its products. It operates in 25 states in India and 49 countries. The number of employees stood at 895 as of March 31, 2023.
Himadri Speciality Chemicals Financial Highlights
- Revenue: Himadri Speciality Chemicals reported revenue of ₹4,831.99 crore in FY26 vs ₹4,664.32 crore in FY25. It showed an increase of 3.59% on a yearly basis.
- Operating Profit: Himadri Speciality Chemicals reported an operating profit of ₹1,000.90 crore in FY26 vs ₹806.17 crore in FY25. It showed an increase of 24.15% on a year-on-year basis.
- Net Profit: Himadri Speciality Chemicals reported a net profit of ₹755.07 crore in FY26 vs ₹555.09 crore in FY25. It showed an increase of 36.03% on a yearly basis.
Himadri Speciality Chemicals Quarterly Result Highlights
- Himadri Speciality Chemicals reported revenue of ₹1,488.19 crore in Jun 2026, compared with ₹1,349.85 crore in Mar 2026, representing an increase of 10.25% on a quarter-on-quarter (QoQ) basis.
- Himadri Speciality Chemicals reported an operating profit of ₹300.51 crore in Jun 2026, compared with ₹267.89 crore in Mar 2026, representing an increase of 12.18% on a quarter-on-quarter (QoQ) basis.
- Himadri Speciality Chemicals reported a profit of ₹228.43 crore in Jun 2026, compared with ₹207.53 crore in Mar 2026, reflecting an increase of 10.07% on a QoQ basis.
- The earnings per share (EPS) of Himadri Speciality Chemicals stood at ₹15.08 during Jun 2026.
