Himadri Speciality Chemical Shares Surge 13% to Record High Following Strong Q4 Earnings and New Facility Launch
Himadri Speciality shares rally 13% to fresh record high after Q4 earnings, launch of new facility. Do you own?
The Economic Times
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Himadri Speciality Chemical saw its shares rise nearly 13% to a record high of ₹604.75 after reporting a consolidated net profit of ₹201 crore for Q4 FY26, a 29% increase year-on-year. The company also launched its first anode material production facility in Mahistikry, West Bengal, enhancing its production capacity.
- 01Himadri Speciality's shares surged 13% to ₹604.75 after Q4 earnings.
- 02The company reported a net profit of ₹201 crore for Q4 FY26, up 29% YoY.
- 03Revenue from operations increased 13.5% YoY to ₹1,288 crore.
- 04The new facility in West Bengal has an initial capacity of 200 MTA.
- 05Shares have increased over 476% in three years and over 1,235% in five years.
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Shares of Himadri Speciality Chemical, a speciality chemicals manufacturer based in West Bengal, surged nearly 13% on Friday, reaching a record high of ₹604.75 following the release of its Q4 FY26 earnings. The company reported a consolidated net profit of ₹201 crore, marking a 29% increase from the same quarter last year, with revenue from operations rising 13.5% year-on-year to ₹1,288 crore. Additionally, Himadri launched its first anode material production facility in Mahistikry, Hooghly district, West Bengal, with an initial capacity of 200 MTA. This facility aims to meet the growing demand for electric vehicle components and energy storage solutions, bolstering the company's production capabilities. Over the past month, shares have jumped over 33%, and in the last three years, they have appreciated by more than 476%.
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The launch of the new facility is expected to create local jobs and stimulate economic growth in the Hooghly district, while also positioning Himadri to capitalize on the expanding electric vehicle market.
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