Himadri Speciality Chemical shares jump 5% intraday as Q4 net profit rises 34% YoY; dividend announced

On completion of the said purchase, Elixir Carbo will become a wholly owned subsidiary (WOS) of the company. The board of directors of Himadri Speciality Chemical at their meeting held on April 21, 2025 has considered and approved the same.

Himadri Speciality Chemical reported mixed Q4 earnings. Its consolidated net profit rose 34% YoY to ₹155.4 crore, while revenue from operations declined marginally by 3.5% YoY to ₹1,134 crore. For the entire FY25, net profit stood at ₹555 crore, up 35% YoY, while revenue rose 10.2% YoY to ₹4,612.6 crore. Along with the results, the company’s board also approved a final dividend of ₹0.6 per share for the financial year 2024-25.

The company, in its investor presentation, said it plans to start commercial operations of Birla Tyres by June 2025. The company, along with Dalmia Bharat Refractories Limited (DBRL) acquired Birla Tyres via the corporate insolvency resolution process for ₹306 crore in FY25. Currently, HSCL is doing additional capital expenditure to make the plant completely operational and foray into the speciality and passenger car segment tyres and cater to B2C segment.

Himadri Speciality Chemical is primarily engaged in the manufacturing of carbon materials and chemicals. The company has operations in India and caters to both domestic and international markets.

The company's shares have delivered over 13% return to investors so far in April 2025. However, the stock is down over 17% in 2025 amid sell-off in broader markets.