Himadri Speciality Chemical Ltd (HSCL) has announced its financial results for the first half of fiscal year 2025 (H1 FY25), showcasing significant growth in key metrics. The company reported a 32% increase in sales volume, which reached 2,78,232 metric tons (MT) compared to 2,11,242 MT in H1 FY24. Revenue for the period rose by 19% to ₹2,335 crore from ₹1,955 crore in the previous year.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) for H1 FY25 increased by 36%, reaching ₹389 crore, while profit after tax (PAT) rose by 37% to ₹258 crore. In the second quarter (Q2 FY25), the company achieved a quarterly EBITDA exceeding ₹200 crore for the first time.
As of September 2024, HSCL reported a positive cash balance of ₹255 crore. The company attributed this financial strength to disciplined capital deployment and efficient working capital management. The return on capital employed (ROCE) stood at 31% during this period.
HSCL also announced the completion of its first export shipment of liquid coal tar pitch in October 2024. The company has outlined plans for further expansion, including a capital expenditure aimed at enhancing operational capabilities and efficiencies at Birla Tyres Ltd. Additionally, the development of a 40,000 MTPA capacity plant for LFP (lithium iron phosphate) Cathode Active Material is progressing on schedule, with operations expected to begin by Q3 FY27. A new speciality carbon black line with a 70,000 MTPA capacity is also set for completion by Q3 FY26.
The company continues to focus on long-term growth across various segments, driven by increasing demand and operational efficiencies.