Himadri Speciality Chemical Posts Strong Q1 FY27 Performance: Net Profit Climbs 27% YoY to ₹228.43 Crore

Himadri Speciality Chemical Limited, a leading global manufacturer of specialty chemicals and carbon materials, today reported a highly robust set of financial results for the first quarter of fiscal year 2027 (Q1 FY27) ended June 30, 2026. Powered by higher revenue volumes in its primary segment, the company registered double-digit growth across its top and bottom lines.

Key Consolidated Financial Highlights (Q1 FY27 vs. Q1 FY26)

Revenue from Operations: Reached ₹1,431.88 crore, registering a strong 28.04% YoY increase compared to ₹1,118.29 crore in the corresponding period of the previous year. Sequentially, revenue grew 11.19% from ₹1,287.76 crore in Q4 FY26.

Total Income: Reached ₹1,488.19 crore, up 29.98% YoY from ₹1,144.97 crore. This includes a healthy ₹56.31 crore in other income, which rose from ₹26.68 crore in the year-ago quarter.

Net Profit After Tax (PAT): Surged 27.36% YoY to ₹228.43 crore, compared to ₹179.36 crore in Q1 FY26. Sequentially, PAT grew 10.07% from ₹207.53 crore.

Earnings Per Share (EPS): Basic and diluted EPS for the quarter rose to ₹4.55 (face value of Re. 1 each), up from ₹3.68 in Q1 FY26 and ₹3.98 in Q4 FY26.

Segment-Wise Performance Analysis

The company's primary driver remains its core chemicals division, while its power generation segment showed steady progress:

[Total Segment Revenue: ₹1,454.67 Cr]
├── Carbon Materials & Chemicals: ₹1,278.90 Cr (87.9%)
├── Power Segment: ₹31.88 Cr (2.2%)
└── Others: ₹143.89 Cr (9.9%)

Carbon Materials and Chemicals: Revenue scaled to ₹1,278.90 crore, growing 14.92% YoY compared to ₹1,112.85 crore in Q1 FY26. Operating segment results (profit before interest and tax) for this division rose to ₹262.56 crore from ₹198.47 crore in the corresponding period last year.

Power Segment: Revenue grew significantly to ₹31.88 crore, up 24.82% from ₹25.54 crore in Q1 FY26. Operating segment results improved to ₹28.10 crore from ₹22.14 crore YoY.

Others: Other segments generated ₹143.89 crore in revenue and registered an operating profit of ₹1.15 crore during the quarter.

Key Expense Trends

Total Expenses: Stood at ₹1,187.68 crore for the quarter, compared to ₹903.75 crore in Q1 FY26 and ₹1,081.96 crore in Q4 FY26.

Cost of Materials Consumed: Rose to ₹1,003.34 crore, up from ₹725.68 crore in Q1 FY25-26.

Changes in Inventories: Registered a positive adjustment of -₹205.87 crore (representing inventory accumulation), compared to -₹21.95 crore in the year-ago period.

Employee Benefit Expenses: Increased to ₹58.27 crore from ₹41.12 crore in Q1 FY26, reflecting annual organizational adjustments.

Tax Obligations:

Profit Before Tax (PBT) came in at ₹300.51 crore, up 24.58% YoY from ₹241.22 crore in Q1 FY26. Total tax expenses stood at ₹72.08 crore (current tax of ₹61.73 crore and deferred tax of ₹10.35 crore) compared to ₹61.86 crore in the year-ago quarter.

The company concluded the quarter with a Total Comprehensive Income of ₹234.01 crore (including ₹5.58 crore in net other comprehensive income), of which ₹235.16 crore was attributable to the owners of the company, and a minor loss of ₹1.15 crore was associated with non-controlling interests. Paid-up equity share capital remained stable at ₹50.45 crore.

Shares of Himadri Speciality Chemical Limited was last trading in BSE at Rs. 681.30 as compared to the previous close of Rs. 671.40. The total number of shares traded during the day was 279094 in over 5020 trades.

The stock hit an intraday high of Rs. 684.40 and intraday low of 674.05. The net turnover during the day was Rs. 190080886.00.

Source : Equity Bulls

Keywords

HimadriSpecialityChemical INE019C01026 HSCL SpecialtyChemicals Q1FY27 Q1FY2027 ResultUpdate