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India
Reported ownership for FY2027-Q2 as of 2026-09-30.
As of 06 Nov 2026, 03:30 pm
On October 27, 2026, shareholders approved a new Memorandum of Association via postal ballot with 99.9983% support. Concurrently, the Board revised its Senior Management Personnel list on October 30, 2026, following organizational restructuring. Key updates include Mr. Kunal Mukherjee ceasing as Vice President, HR, and the appointment of new Business Presidents for the Carbon Black, Tyre and Strategy, Treated Black, and CTD & SNF divisions.
The stock shows divergent trends: the daily and weekly charts are bearish, while the monthly trend remains bullish. The share closed at ₹568.50 on November 6, 2026, with a market capitalization of approximately ₹28,687.56 crore. Recent performance includes a +17.1% year-to-date return, but a -25.3% decline over the last three months and a current drawdown of -29.0%.
As of November 6, 2026, immediate resistance sits at ₹570.20 (pivot), followed by highs at ₹574.35 and ₹580.15. Support levels are located at ₹564.40, ₹560.25, and ₹554.45. The stock's annualized volatility is +39.6%, indicating significant price fluctuation risk for traders monitoring these intraday or short-term levels.
As of 06 Nov 2026, 03:30 pm
Showing 3 of 6 candles
Recent drawdown or price variability is high enough to warrant closer monitoring.
Primary driver: Price remains materially below a previous peak
The session opened materially above the previous close, indicating a sharp repricing at the open.
The move may reflect new information; subsequent price follow-through is worth monitoring.
The session opened materially above the previous close, indicating a sharp repricing at the open.
The move may reflect new information; subsequent price follow-through is worth monitoring.
The session opened materially above the previous close, indicating a sharp repricing at the open.
The move may reflect new information; subsequent price follow-through is worth monitoring.
Trading activity was substantially higher than usual and the price closed lower.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
Latest complete financial results for Q2 FY27 and comparative quarterly trends.
| Metric | Q2 FY26 | Q1 FY27 | Q2 FY27(Latest) |
|---|---|---|---|
| Revenue From Operations | ₹1,071 crore | ₹1,432 crore | PEAK₹1,691 crore |
| Profit Before Exceptional Items And Tax | ₹237 crore | ₹301 crore | PEAK₹307 crore |
| Profit Loss For Period | ₹176 crore | ₹228 crore | PEAK₹231 crore |
| Basic Earnings Loss Per Share From Continuing And Discontinued Operations | ₹3.58 per share | ₹4.55 per share | PEAK₹4.6 per share |
Consolidated revenue from operations increased 18.1% quarter on quarter to ₹1,691 crore in Q2 FY2026-27, while profit before tax rose 2.3% to ₹307 crore and profit for the period grew 1.3% to ₹231 crore. Year on year, revenue was up 57.9% and profit for the period increased 31.3%. Total expenses rose 20.1% sequentially, faster than revenue.
Cost of materials consumed was ₹1,144 crore in Q2 FY2026-27. Other expenses declined 16.6% quarter on quarter to ₹145 crore, while finance costs rose 23.7% to ₹27.7 crore. Tax expense increased 5.5% to ₹76 crore: current tax rose to ₹69.6 crore from ₹61.7 crore, while deferred tax declined to ₹6.4 crore from ₹10.4 crore.
Basic and diluted EPS from continuing operations were ₹4.60 in Q2 FY2026-27, up from ₹4.55 in Q1 FY2026-27. Basic EPS was 28.5% higher than the ₹3.58 reported in Q2 FY2025-26; diluted EPS was 29.6% higher than the ₹3.55 reported a year earlier.
Q2 FY2026-27 brought strong sequential and year-on-year revenue growth, but profit increased only modestly quarter on quarter as total expenses grew faster than revenue. The higher receivables balance and lower cash and cash equivalents, alongside increased current borrowings, make working-capital and liquidity positions important areas to monitor.
Disclosed bulk and block transactions involving Himadri Speciality Chemical, shown for the latest 90 days.
Exchange disclosures and regulatory announcements for Himadri Speciality Chemical.
Himadri Speciality Chemical Limited’s Board approved a corporate guarantee of up to INR 200 crore in favour of ICICI Bank Ltd to secure credit facilities of Sturdy Niketan Private Limited, a step-down subsidiary. The company will charge guarantee commission on an arm’s-length basis, and the guarantee will be disclosed as a contingent liability. The Board also approved moving the corporate office, effective 07 November 2026, to 5th Floor, C6/108/ New, Budge Budge Trunk Road, Kolkata - 700088, West Bengal; the former office will remain an additional place of office. The registered office is unchanged.
Himadri Speciality Chemical Limited’s board approved on 7 November 2026 a corporate guarantee of up to INR 2,000,000,000 (INR 200 crore) for credit facilities of the same amount availed by Sturdy Niketan Private Limited, a step-down subsidiary, from ICICI Bank Ltd. The guarantee secures the subsidiary’s obligations connected with the facilities; Himadri will charge a guarantee commission on an arm’s-length basis. The company said the guarantee will be disclosed as a contingent liability in its financial statements.
Himadri Speciality Chemical Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
Himadri Speciality Chemical Limited (HSCL) informed the NSE and BSE on October 30, 2026, of a revised list of Senior Management Personnel pursuant to Regulation 30 of SEBI Listing Regulations. The Board of Directors approved the revision on the same date following organizational restructuring and Nomination & Remuneration Committee recommendation. The updated senior management roster includes Mr. Kamlesh Kumar Agarwal (CFO), Ms. Monika Saraswat (Company Secretary & Compliance Officer), Mr. Monojit Mukherjee (Business President, Carbon Black Division), Mr. Somesh Satnalika (Executive Vice President, Tyre and Strategy), Dr. Soumen Chakraborty (Business President, Treated Black Division), and Mr. Soumyodeep Bhattacharya (Business President, CTD & SNF).
Himadri Speciality Chemical Limited (NSE: HSCL) reported the cessation of Mr. Kunal Mukherjee from his position as Vice President, HR, effective October 30, 2026. The change is categorized under Senior Management Personnel and is attributed to organizational restructuring resulting in a change in reporting lines.
Himadri Speciality Chemical Limited (HSCL) passed a Special Resolution on 27 October 2026 to approve the alteration of its Memorandum of Association (MOA) and adoption of a new set of MOA in compliance with the Companies Act, 2013. The resolution was approved via postal ballot with 99.9983% of votes polled in favor, supported by 100% voting from Promoters and 70.03% participation from Public Institutions.
Shareholders of Himadri Speciality Chemical Limited passed, with the requisite majority, a special resolution to alter the Company’s Memorandum of Association and adopt a new set of MOA as per the Companies Act, 2013. Remote e-voting closed at 5:00 p.m. IST on 27 October 2026, which is the date the resolution was deemed passed; the Company reported the voting results and Scrutinizer’s report to the exchanges on 28 October 2026.
Himadri Speciality Chemical Limited reported H1 FY27 consolidated revenue of INR 3,123 crore, EBITDA of INR 616 crore and PAT of INR 460 crore in its earnings call, and disclosed progress on new capacity projects and strategic investments. The Board has proposed transferring the Birla Tyres business from Dalmia Bharat Refractories Limited into Himadri, subject to statutory, regulatory, creditor and shareholder approvals; this is a proposal, not a completed merger. The filing itself is the 28 October 2026 submission of the transcript for the earnings call held on 22 October 2026.
Recent market and company developments associated with Himadri Speciality Chemical.
Motilal Oswal has maintained a 'Buy' rating on Himadri Speciality Chemical with a target price of ₹780, implying approximately 37% upside from the recent close. The brokerage cites growth drivers including expansion into lithium iron phosphate battery materials, India's increasing cell manufacturing capacity, and the acquisition of Birla Tyres as key factors supporting the outlook.
Himadri Speciality Chemical announced a plan to invest approximately ₹600 crore into its wholly-owned arm Birla Tyres for the modernization and automation of its Odisha plant. The company also proposed merging Birla Tyres into itself to create an integrated tyre value chain, expecting statutory approvals within the current financial year.
More Indians are opting for electric cars and scooters, turning what were once niche products into an increasingly familiar sight on the roads.
Himadri expands Birla Tyres by ₹500 crore and Sicona invests $10.3 million in US battery tech, reshaping EV materials strategy.
Himadri Speciality Chemical reports Q2 FY27 net profit up 31% to ₹231 cr with revenue surge across core segments.
Through 31 agreements across high-growth sectors, the investments are expected to create nearly 57,000 jobs
Andhra Pradesh investments, Andhra Pradesh investment MoUs, Andhra Pradesh Rs 21498 crore investment, CII Partnership Summit 2026, Andhra Pradesh jobs, Visakhapatnam investment summit, Himadri Speciality Chemical Andhra Pradesh, Granules India investment, ReNew Photovoltaics Andhra Pradesh, Andhra Pradesh industrial investment
SEBI-registered independent market expert Ambareesh Baliga identifies five promising stocks, including Himadri and Borosil Renewables, poised for growth. Do you own any?
Comprehensive Section Breakdown for Himadri Speciality Chemical
Strategic Vision: Global speciality chemical conglomerate focused on carbon value chains.
• Pioneer in India for lithium-ion battery anode material production.
• Extensive value chains within the carbon segment.
• State-of-the-art manufacturing units in India and China.
• R&D facilities recognized by the Government of India.
Revenue from operations increased in each of the four quarters from Q3 FY2025-26 through Q2 FY2026-27, rising from ₹1,184 crore to ₹1,288 crore, ₹1,432 crore and ₹1,691 crore. In Q2 FY2026-27, total income was ₹1,733 crore, up 16.5% from Q1 FY2026-27; other income contributed ₹41.8 crore.
Profit before tax increased to ₹307 crore from ₹301 crore in Q1 FY2026-27. Profit for the period was ₹231 crore, compared with ₹228 crore in the previous quarter. The modest sequential increase in profit relative to revenue growth coincided with total expenses rising 20.1% to ₹1,426 crore.
At 30 September 2026, total assets were ₹6,977 crore, compared with ₹6,306 crore at 31 March 2026 and ₹5,518 crore at 30 September 2025. Equity attributable to owners of the parent stood at ₹5,135 crore. Property, plant and equipment was ₹1,893 crore, up from ₹1,812 crore at 31 March 2026, while noncurrent investments increased to ₹1,226 crore from ₹935 crore.
Current trade receivables rose to ₹1,026 crore at 30 September 2026, from ₹696 crore at 31 March 2026 and ₹602 crore at 30 September 2025. Inventories were ₹806 crore, compared with ₹763 crore at 31 March 2026.
Cash and cash equivalents were ₹95.9 crore at 30 September 2026, down from ₹164.8 crore at 31 March 2026. Bank balances other than cash and cash equivalents stood at ₹516.7 crore, and current investments were ₹23.4 crore, compared with ₹124.8 crore at 31 March 2026.
Current borrowings increased to ₹1,152 crore at 30 September 2026 from ₹762 crore at 31 March 2026. Noncurrent borrowings were ₹3.6 crore, compared with ₹4.5 crore at the March year-end.
Category: Manufacturing
The business is centered around extensive value chains within the carbon segment, utilizing core products and value-added by-products.
Category: Manufacturing
Himadri is recognized as a pioneer in India for the production of lithium-ion battery anode material and is actively involved in the continuous development and innovation of raw materials crucial for the lithium-ion battery value chain.
Core Thesis: Leveraging extensive value chains within the carbon segment to create a global speciality carbon chemicals conglomerate.
• Research and Development: The company focuses on research and development (R&D) and innovation across its operations, with R&D facilities recognized by the Government of India. • Sustainability: Sustainability is a key focus across its operations, emphasizing improving energy efficiency and ensuring the well-being of its employees and surrounding communities. • Product Portfolio Diversification: The diverse product portfolio includes speciality carbon black, coal tar pitch, refined naphthalene, new energy materials, SNF, speciality oils, and power, serving various industries.