Himadri Speciality Chemical Ltd reported a net profit of ₹182.57 crore for the quarter ended June 30, 2025, as against a net profit of ₹123.45 crore during the corresponding quarter of the previous year. The company's revenue from operations stood at ₹1,100.42 crore for the quarter ended June 30, 2025.
| Metric | Q1 FY26 | Q1 FY25 | YoY Change | Q4 FY25 | QoQ Change |
|---|---|---|---|---|---|
| Net Profit | 182.57 | 123.45 | +47.9% | 158.23 | +15.4% |
| Revenue from Operations | 1,100.42 | 1,199.77 | -8.3% | 1,129.01 | -2.5% |
| Total Income | 1,128.02 | 1,212.32 | -7.0% | 1,142.38 | -1.3% |
| Cost of materials consumed | 724.82 | 830.27 | -12.7% | 712.48 | +1.7% |
| Employee benefits expense | 33.73 | 29.74 | +13.4% | 30.30 | +11.3% |
| Finance costs | 14.37 | 12.90 | +11.4% | 8.71 | +65.0% |
| Depreciation and amortisation expense | 12.90 | 12.37 | +4.3% | 12.26 | +5.2% |
| Other expenses | 118.87 | 126.75 | -6.2% | 119.68 | -0.7% |
| Total Expenses | 883.92 | 1,033.08 | -14.4% | 915.50 | -3.4% |
| Profit/ (Loss) before tax | 244.10 | 179.24 | +36.2% | 226.88 | +7.6% |
| Total tax expense | 61.53 | 55.79 | +10.3% | 68.65 | -10.4% |
| Other Comprehensive Income (net of tax) | 1.56 | 1.26 | +23.8% | (2.69) | NA |
| Total Comprehensive Income | 184.13 | 124.71 | +47.7% | 155.54 | +18.4% |
| Earnings per equity share (Basic) (Rs.) | 3.70 | 2.50 | +48.0% | 3.21 | +15.3% |
| Earnings per equity share (Diluted) (Rs.) | 3.67 | 2.50 | +46.8% | 3.18 | +15.4% |
Segment-wise Revenue, Results, Assets and Liabilities (Standalone)
The company's business activity falls within two operating segments, namely: (a) Carbon materials and chemicals, and (b) Power.
| Particulars | Q1 FY26 | Q1 FY25 | Q4 FY25 |
|---|---|---|---|
| Carbon materials and chemicals - Revenue | 1,094.98 | 1,193.70 | 1,122.94 |
| Power - Revenue | 25.54 | 25.85 | 24.98 |
| Total segment revenue | 1,120.52 | 1,219.55 | 1,147.92 |
| Less: Inter segment revenue | 20.10 | 19.78 | 18.91 |
| Total Revenue from Operations | 1,100.42 | 1,199.77 | 1,129.01 |
| Carbon materials and chemicals - Results | 198.93 | 152.15 | 198.09 |
| Power - Results | 22.14 | 23.13 | 21.86 |
| Total segment profit before interest, tax and unallocable items | 221.07 | 175.28 | 219.95 |
| Finance costs | (14.37) | (12.90) | (8.71) |
| Other unallocable expenses net of unallocable income | 37.40 | 16.86 | 15.64 |
| Total Profit/ (Loss) before tax | 244.10 | 179.24 | 226.88 |
| Carbon materials and chemicals - Assets | 3,444.34 | 3,034.77 | 3,066.90 |
| Power - Assets | 102.90 | 103.54 | 103.54 |
| Unallocated - Assets | 1,597.21 | 1,131.01 | 1,351.72 |
| Total assets | 5,144.45 | 4,271.05 | 4,522.16 |
| Carbon materials and chemicals - Liabilities | 257.77 | 369.97 | 284.19 |
| Power - Liabilities | 0.50 | 0.41 | 0.61 |
| Unallocated - Liabilities | 1,083.21 | 707.08 | 589.83 |
| Total liabilities | 1,341.48 | 1,077.46 | 874.63 |
Additional Information
Additional details as per Regulation 52(4) of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015:
- Debt-Equity Ratio: 0.21 times
- Debt Service Coverage Ratio: 13.42 times
- Interest Service Coverage Ratio: 18.88 times
- Current Ratio: 2.25 times
- Long Term Debt to Working Capital Ratio: 0.00 times
- Bad Debts to Account Receivable Ratio: 0.00 times
- Current Liability Ratio: 0.79 times
- Total Debts to Total Assets Ratio: 0.15 times
- Debtors Turnover: 1.67 times
- Inventory Turnover: 1.07 times
- Operating Margin: 21.26%
- Net Profit Margin: 16.59%
The Company has issued 2,000 units of Commercial Paper of face value of Rs 5,00,000/- each aggregating to Rs 100 Crores at a discount rate of 6.75% pa, due for redemption on 28 August 2025. The credit rating assigned for the Commercial Paper by ICRA is A1+.
The Company has issued 4,000 units of Commercial Paper of face value of Rs 5,00,000/- each aggregating to Rs 200 Crores at a discount rate of 6.30% pa, due for redemption on 25 September 2025. The credit rating assigned for the Commercial Paper by ICRA is A1+.
