Himadri Speciality Chemical Limited — Quarter and year ended 31 March 2026 (audited)
Optional commentary: Figures are presented in Rs. in Crores.
| Sr. No. | Particulars | Three months ended 31.03.2026 (Audited) | Previous Three months ended 31.12.2025 (Unaudited) | Corresponding Three months ended 31.03.2025 in the previous year (Audited) | Year ended 31.03.2026 (Audited) | Previous year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|---|
| 1. | Income | |||||
| (a) Revenue from Operations | 1,101.31 | 1,132.97 | 1,129.01 | 4,405.11 | 4,595.80 | |
| (b) Other Income | 61.91 | 48.50 | 13.37 | 176.30 | 50.90 | |
| Total Income | 1,163.22 | 1,181.47 | 1,142.38 | 4,581.41 | 4,646.70 | |
| 2. | Expenses | |||||
| (a) Cost of materials consumed | 621.60 | 613.33 | 712.48 | 2,673.93 | 3,156.99 | |
| (b) Changes in inventories of finished goods and work-in-progress | 53.47 | 99.49 | 32.07 | 93.61 | (5.01) | |
| (c) Employee benefits expense | 35.60 | 41.49 | 30.30 | 150.96 | 124.37 | |
| (d) Finance costs | 15.99 | 14.87 | 8.71 | 58.40 | 44.57 | |
| (e) Depreciation and amortisation expense | 16.64 | 15.69 | 12.26 | 60.82 | 49.62 | |
| (f) Other expenses | 176.63 | 139.77 | 119.68 | 552.33 | 468.43 | |
| Total Expenses | 919.93 | 924.64 | 915.50 | 3,590.05 | 3,838.97 | |
| 3. | Profit/(Loss) before exceptional items and tax (1-2) | 243.29 | 256.83 | 226.88 | 991.36 | 807.73 |
| 4. | Exceptional Items | – | – | – | – | – |
| 5. | Profit/(Loss) before tax (3+4) | 243.29 | 256.83 | 226.88 | 991.36 | 807.73 |
| 6. | Tax expense | |||||
| (a) Current tax | 45.49 | 57.71 | 39.49 | 218.55 | 140.95 | |
| (b) Deferred tax | 11.73 | 4.54 | 28.24 | 22.74 | 107.80 | |
| (c) Income tax related to earlier years | 0.37 | – | 0.92 | 0.37 | 0.92 | |
| Total tax expense | 57.59 | 62.25 | 68.65 | 241.66 | 249.67 | |
| 7. | Net Profit/(Loss) after tax (5-6) | 185.70 | 194.58 | 158.23 | 749.70 | 558.06 |
| 8. | Other Comprehensive Income | |||||
| Items that will not be reclassified subsequently to profit or loss | (0.14) | 0.78 | (3.25) | 1.01 | 1.64 | |
| Income-tax relating to items that will not be reclassified to profit or loss | (0.04) | (0.10) | 0.56 | 0.15 | 13.67 | |
| Items that will be reclassified subsequently to profit or loss | – | – | – | – | – | |
| Income-tax relating to items that will be reclassified to profit or loss | – | – | – | – | – | |
| Total Other Comprehensive Income (net of tax) | (0.18) | 0.68 | (2.69) | 1.16 | 15.31 | |
| 9. | Total Comprehensive Income (7+8) | 185.52 | 195.26 | 155.54 | 750.86 | 573.37 |
| 10. | Paid-up equity share capital | 50.45 | 50.45 | 49.38 | 50.45 | 49.38 |
| (Face value Re. 1 each) | ||||||
| 11. | Other Equity | 4,572.30 | 3,598.15 | |||
| 12. | Earnings per equity share (of Re. 1 each) (refer note 11) | |||||
| (a) Basic (Rs.) | 3.68 | 3.89 | 3.21 | 15.05 | 11.31 | |
| (b) Diluted (Rs.) | 3.68 | 3.87 | 3.18 | 14.98 | 11.22 |
| Sr. No. | Particulars | Three months ended 31.03.2026 (Audited) | Previous Three months ended 31.12.2025 (Unaudited) | Corresponding Three months ended 31.03.2025 in the previous year (Audited) | Year ended 31.03.2026 (Audited) | Previous year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|---|
| 1. Segment Revenue | (a) Carbon materials and chemicals | 1,095.37 | 1,128.87 | 1,122.94 | 4,385.81 | 4,572.11 |
| (b) Power | 25.54 | 21.52 | 24.98 | 95.50 | 104.73 | |
| Total segment revenue (a + b) | 1,120.91 | 1,150.39 | 1,147.92 | 4,481.31 | 4,676.84 | |
| Less: Inter segment revenue | 19.60 | 17.42 | 18.91 | 76.20 | 81.04 | |
| Total Revenue from Operations | 1,101.31 | 1,132.97 | 1,129.01 | 4,405.11 | 4,595.80 | |
| 2. Segment Results | (a) Carbon materials and chemicals | 213.49 | 215.59 | 198.09 | 835.98 | 701.00 |
| (b) Power | 22.21 | 17.79 | 21.86 | 81.29 | 92.93 | |
| Total segment profit before interest, tax and unallocable items (a + b) | 235.70 | 233.38 | 219.95 | 917.27 | 793.93 | |
| Add/ (Less): (a) Finance costs | (15.99) | (14.87) | (8.71) | (58.40) | (44.57) | |
| Add/ (Less): (b) Other unallocable expenses net of unallocable income * | 23.58 | 38.32 | 15.64 | 132.49 | 58.37 | |
| Total Profit/ (Loss) before tax | 243.29 | 256.83 | 226.88 | 991.36 | 807.73 | |
| 3. Segment Assets | (a) Carbon materials and chemicals | 3,803.22 | 3,628.84 | 3,066.90 | 3,803.22 | 3,066.90 |
| (b) Power | 99.84 | 99.47 | 103.54 | 99.84 | 103.54 | |
| (c) Unallocated | 2,184.20 | 2,059.14 | 1,351.72 | 2,184.20 | 1,351.72 | |
| Total assets | 6,087.26 | 5,787.45 | 4,522.16 | 6,087.26 | 4,522.16 | |
| 4. Segment Liabilities | (a) Carbon materials and chemicals | 450.48 | 240.94 | 284.19 | 450.48 | 284.19 |
| (b) Power | 0.58 | 0.50 | 0.61 | 0.58 | 0.61 | |
| (c) Unallocated | 1,013.44 | 1,109.09 | 589.83 | 1,013.44 | 589.83 | |
| Total liabilities | 1,464.50 | 1,350.53 | 874.63 | 1,464.50 | 874.63 |
| Sr. No. | Particulars | As at 31.03.2026 (Audited) | As at 31.03.2025 (Audited) |
|---|---|---|---|
| A | ASSETS | ||
| 1. | Non-current assets | ||
| (a) Property, plant and equipment | 1,726.79 | 1,448.23 | |
| (b) Capital work-in-progress | 234.16 | 176.45 | |
| (c) Right of use assets | 40.98 | 16.29 | |
| (d) Intangible assets | 0.47 | 0.70 | |
| (e) Financial assets (i) Investments | 1,133.93 | 627.77 | |
| (e) Financial assets (ii) Loans | 141.30 | 10.90 | |
| (e) Financial assets (iii) Trade receivables | 10.18 | 10.18 | |
| (e) Financial assets (iv) Other financial assets | 126.91 | 60.97 | |
| (f) Non-current tax assets (net) | 9.00 | 8.81 | |
| (g) Other non-current assets | 64.78 | 40.77 | |
| Total non-current assets | 3,488.50 | 2,401.07 | |
| 2. | Current assets | ||
| (a) Inventories | 695.21 | 585.92 | |
| (b) Financial assets (i) Investments | 113.12 | – | |
| (b) Financial assets (ii) Trade receivables | 751.76 | 627.70 | |
| (b) Financial assets (iii) Cash and cash equivalents | 143.97 | 153.03 | |
| (b) Financial assets (iv) Bank balances other than cash and cash equivalents | 566.67 | 516.71 | |
| (b) Financial assets (v) Loans | 1.97 | 1.83 | |
| (b) Financial assets (vi) Other financial assets | 24.01 | 23.28 | |
| (c) Other current assets | 302.05 | 212.62 | |
| Total current assets | 2,598.76 | 2,121.09 | |
| TOTAL ASSETS | 6,087.26 | 4,522.16 | |
| B | EQUITY AND LIABILITIES | ||
| 1. | EQUITY | ||
| (a) Equity share capital | 50.45 | 49.38 | |
| (b) Other equity | 4,572.31 | 3,598.15 | |
| Total Equity | 4,622.76 | 3,647.53 | |
| 2. | LIABILITIES | ||
| Non-current liabilities | |||
| (a) Financial liabilities (i) Borrowings | 2.51 | 2.20 | |
| (a) Financial liabilities (ii) Lease liabilities | 0.72 | 1.40 | |
| (a) Financial liabilities (iii) Other financial liabilities | 0.26 | 0.26 | |
| (b) Provisions | 12.92 | 11.09 | |
| (c) Deferred tax liabilities (net) | 285.85 | 263.26 | |
| Total non-current liabilities | 302.26 | 278.21 | |
| Current liabilities | |||
| (a) Financial liabilities (i) Borrowings | 719.24 | 305.60 | |
| (a) Financial liabilities (ii) Lease liabilities | 0.84 | 0.90 | |
| (a) Financial liabilities (iii) Trade payables total outstanding dues of micro enterprises and small enterprises | 6.20 | 4.97 | |
| (a) Financial liabilities (iii) Trade payables total outstanding dues of creditors other than micro enterprises and small enterprises | 354.62 | 229.81 | |
| (a) Financial liabilities (iv) Derivatives | – | 4.24 | |
| (a) Financial liabilities (v) Other financial liabilities | 67.93 | 33.74 | |
| (b) Other current liabilities | 7.10 | 7.15 | |
| (c) Provisions | 2.51 | 0.45 | |
| (d) Current tax liabilities (net) | 3.80 | 9.56 | |
| Total current liabilities | 1,162.24 | 596.42 | |
| Total liabilities | 1,464.50 | 874.63 | |
| TOTAL EQUITY AND LIABILITIES | 6,087.26 | 4,522.16 |
| Particulars | Year ended 31.03.2026 (Audited) | Year ended 31.03.2025 (Audited) |
|---|---|---|
| A. Cash flows from operating activities | ||
| Net profit before tax | 991.36 | 807.73 |
| Adjustments for: | ||
| Depreciation and amortisation expense | 60.82 | 49.62 |
| Finance costs | 58.40 | 44.57 |
| Interest income | (63.52) | (44.40) |
| Net (gain)/ loss on fair valuation of investments through profit or loss | (99.57) | (3.43) |
| Net (gain)/ loss on sale of current investments carried at FVTPL | (1.70) | – |
| Unrealised foreign exchange fluctuation (gain)/ losses, net | 2.24 | 1.34 |
| Loss/ (gain) (net) on sale of property, plant and equipment | (0.30) | 0.01 |
| (43.63) | 47.71 | |
| Cash generated from operations before working capital changes | 947.73 | 855.44 |
| Movement in working capital: | ||
| (Increase)/ Decrease in inventories | (109.29) | 120.16 |
| (Increase)/ Decrease in trade receivables | (101.17) | 30.74 |
| (Increase)/ Decrease in financial and other assets | (178.03) | (96.15) |
| Increase/ (Decrease) in trade payables | 125.61 | (310.12) |
| Increase/ (Decrease) in financial liabilities (net) | 30.86 | 5.64 |
| Increase/ (Decrease) in other liabilities and provisions (net) | (25.04) | (8.81) |
| (257.06) | (258.54) | |
| Cash generated from/ (used in) operations | 690.67 | 596.90 |
| Taxes paid | (224.86) | (141.87) |
| Net cash generated from/ (used in) operating activities | 465.81 | 455.03 |
| B. Cash flows from investing activities | ||
| Purchase of property, plant and equipment | (418.14) | (161.44) |
| Proceeds from sale of property, plant and equipment | 10.20 | 0.09 |
| Purchase of intangible assets | (0.03) | (0.21) |
| Interest income received | 54.29 | 49.63 |