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Himadri Speciality Chemical Limited Q2 FY27 results deck summary
NSE: HSCL · BSE: 500184
Results deck of 17 Oct 2026, summarised by AI from the filing.
Himadri's Q2 FY27 consolidated revenue rose to ₹1,691.43 cr (+57.93%) with profit of ₹231.32 cr, as LFP, CNT and SSCB plants stay on schedule.
Key takeaways
- Plant timelines LFP demo capacity is expected in Q3FY27, commercial LFP and CNT in Q4FY27, and super speciality carbon black in Q4FY28.
- Speciality mix Management is shifting carbon black from commodity to speciality grades, with ~130,000 MTPA of ~250,000 MTPA capacity in speciality.
- Cash flow H1 FY27 consolidated operating cash flow was negative ₹154.35 cr as working capital absorbed ₹686.25 cr.
Himadri Speciality Chemical Limited Q2 FY27 results
As filed: Revenue ₹1,691 cr (+58% year on year), EBITDA ₹315 cr (+35% year on year), PAT ₹231 cr (+31% year on year), EBITDA margin 18.6% (−313 bps).
The Q2 FY27 score, against the company's own trend, is for premium members.
Earlier results and the share price after them
- Q1 FY27: Revenue ₹1,432 cr (+28% year on year), EBITDA ₹288 cr (+18% year on year), PAT ₹228 cr (+28% year on year), EBITDA margin 20.1% (−181 bps). Score 60 of 100, In line with trend. Revenue growth was well above the company's own trend; EBITDA growth was below it; profit growth was well below it. EBITDA margin fell 181 bps year on year. Revenue grew on the previous quarter, against its usual seasonal pattern. Profit rose ₹49.4 cr on a year ago, against ₹56.0 cr the year before. Share price after the results: +14.6% in 30 days (Nifty 500: +1.4%).
- Q4 FY26: Revenue ₹1,288 cr (+13% year on year), EBITDA ₹242 cr (+4% year on year), PAT ₹208 cr (+34% year on year), EBITDA margin 18.8% (−176 bps). Score 44 of 100, In line with trend. Revenue growth was above the company's own trend; EBITDA growth was well below it; profit growth was below it. EBITDA margin fell 176 bps year on year. Profit rose ₹52.5 cr on a year ago, more than the ₹40.0 cr it added the year before. Share price after the results: +9.5% in 29 days (Nifty 500: −0.7%).
- Q3 FY26: Revenue ₹1,184 cr (+4% year on year), EBITDA ₹243 cr (+10% year on year), PAT ₹192 cr (+36% year on year), EBITDA margin 20.5% (+113 bps). Score 44 of 100, In line with trend. Revenue growth was in line with the company's own trend; EBITDA growth was well below it; profit growth was below it. EBITDA margin rose 113 bps year on year. Profit rose ₹51.0 cr on a year ago, more than the ₹32.0 cr it added the year before. Share price after the results: −1.5% in 28 days (Nifty 500: −0.7%).
- Q2 FY26: Revenue ₹1,071 cr (−6% year on year), EBITDA ₹233 cr (+13% year on year), PAT ₹176 cr (+29% year on year), EBITDA margin 21.8% (+355 bps). Score 36 of 100, Below trend. Revenue, EBITDA and profit growth were well below the company's own trend. EBITDA margin rose 355 bps year on year. Revenue fell 4% from last quarter. Profit rose ₹40.0 cr on a year ago, more than the ₹35.0 cr it added the year before. Share price after the results: −0.4% in 28 days (Nifty 500: +1.0%).
- Q1 FY26: Revenue ₹1,118 cr (−7% year on year), EBITDA ₹245 cr (+28% year on year), PAT ₹179 cr (+46% year on year), EBITDA margin 21.9% (+591 bps). Score 47 of 100, In line with trend. Revenue growth was well below the company's own trend; EBITDA growth was below it; profit growth was in line with it. EBITDA margin rose 591 bps year on year. Profit rose ₹56.0 cr on a year ago, more than the ₹37.0 cr it added the year before. Share price after the results: −9.7% in 30 days (Nifty 500: −2.7%).
- Q4 FY25: Revenue ₹1,135 cr (−4% year on year), EBITDA ₹233 cr (+29% year on year), PAT ₹155 cr (+35% year on year), EBITDA margin 20.5% (+515 bps). Score 40 of 100, In line with trend. Revenue growth was well below the company's own trend; EBITDA and profit growth were below it. EBITDA margin rose 515 bps year on year. Profit rose ₹40.0 cr on a year ago, more than the ₹39.0 cr it added the year before. Share price after the results: −2.9% in 30 days (Nifty 500: +3.3%).
- Q3 FY25: Revenue ₹1,141 cr (+8% year on year), EBITDA ₹221 cr (+27% year on year), PAT ₹141 cr (+29% year on year), EBITDA margin 19.4% (+284 bps). Score 37 of 100, Below trend. Revenue growth was below the company's own trend; EBITDA and profit growth were well below it. EBITDA margin rose 284 bps year on year. Profit rose ₹32.0 cr on a year ago, against ₹44.0 cr the year before.
Past price moves after results do not indicate future moves. Not a recommendation.
Himadri Speciality Chemical Limited earnings call, investor presentation and press release summaries
- Q2 FY27: Results deck (17 Oct 2026)
- Q1 FY27: Earnings call (16 Jul 2026), Results deck (15 Jul 2026)
- Q4 FY26: Earnings call (27 Apr 2026), Results deck (23 Apr 2026)
- Q3 FY26: Earnings call (21 Jan 2026), Results deck (16 Jan 2026)
- Q2 FY26: Earnings call (24 Oct 2025), Results deck (17 Oct 2025)
- Q1 FY26: Earnings call (18 Jul 2025), Results deck (15 Jul 2025)
- Q4 FY25: Earnings call (29 Apr 2025), Results deck (21 Apr 2025)
Figures from the company's filings with NSE and BSE. Not investment advice.