HIMADRI SPECIALITY Results Analysis-Q4FY26

Operating Revenue for Q4FY26 is Rs. 1,288 Crs., 13.5% growth YoY, Total Income is Rs. 1,350 Crs., 17.57% growth YoY, Gross Profit is Rs. 500 Crs., 28.27% growth YoY, EBITDA is Rs. 280 Crs., 18.79% growth YoY, EBITDA Margin is 21.73% improved by 97 Basis points YoY, PBT Rs. 268 Crs. 19.41% growth YoY, PAT Rs. 208 Crs. 33.49% growth YoY. On QoQ basis Op. Revenue is up by 8.8%, Total Income is up by 9.73%, Gross Profit is up by 13%, EBITDA is up by 10.74%,, PBT is up by 4.95% and PAT is also up by 8.07%. Stable volumes combined with higher margins drove strong performance. Strategic focus on value-added products continues to fuel profitability growth. Successfully commenced operations at first anode material production facility (200 MTPA) at Mahistikry, West Bengal in April 2026. Commenced commercial operations of 70,000 MTPA Speciality Carbon Black Line at Mahistikry, West Bengal Himadri’s total carbon black capacity now stands at 250,000 MTPA, including 130,000 MTPA of speciality carbon black.