Himadri Speciality Chemical shares surged nearly 13% on Friday, hitting a fresh 52-week high of ₹604.75 in morning trading. According to The Economic Times, this sharp surge added nearly ₹3,500 crore to the company's market capitalisation, pushing it up to ₹30,624 crore. The stock has demonstrated strong momentum with gains of more than 20% in one week and over 33% in one month. In the longer term, the West Bengal-headquartered company's shares have rallied over 476% in three years and over 1,235% in five years.
For the January-March quarter of FY26, Himadri Speciality reported a consolidated net profit of nearly ₹201 crore, marking a 29% surge from the ₹156 crore net profit reported in the corresponding quarter of the previous financial year. As reported by The Economic Times, the company's revenue from operations increased around 13.5% year-on-year to ₹1,288 crore during Q4, compared to ₹1,135 crore in the same period last year. EBITDA jumped over 21% YoY to ₹280 crore in the March quarter. For the entire financial year 2026, the company's consolidated profit after tax attributable to shareholders stood at ₹751 crore, representing a 35% YoY increase from the ₹556 crore net profit reported in the previous financial year. Revenue from operations for FY26 grew over 1% YoY to ₹4,661 crore.
Himadri Speciality announced the launch of operations at its first anode material production facility at Mahistikry in West Bengal's Hooghly district. According to the company's exchange filing reported by The Economic Times, the plant has an initial installed capacity of 200 MTA. This facility is the outcome of over 10 years of in-house research and development, covering the entire anode technology value chain from raw material processing to finished anode material. The company had announced plans back in December 2023 for production of Lithium-ion battery components in phases with a total annual production capacity of 200,000 MT. The facility is designed to accommodate alternative raw material feeds, ensuring scalability and long-term resilience as the market evolves.
As reported by The Economic Times, the new capacity addition is expected to further strengthen the company's portfolio and contribute to its production capabilities and revenue growth going forward. The facility strengthens Himadri Speciality's differentiated capabilities in advanced battery materials, positioning it to address the accelerating global demand arising from electric vehicles (EVs) and energy storage systems. Bajaj Broking noted in its analysis that the launch of operations at the new plant is a positive development for the stock. The company's focus on advanced battery materials aligns with the growing global demand for EVs and energy storage solutions.
