Himadri targets doubling profit to ₹1,100 cr by FY28
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- ✓Himadri Speciality Chemicals targets doubling its profit to over ₹1,100 crore by FY28.
- ✓The firm plans a ₹2,000-crore investment to grow its battery materials and speciality chemicals business.
- ✓"Himadri is evolving from a commodity chemical business to a specialty and advanced materials solution provider," said Chairman Anurag Choudhary on October 12, 2026.
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- India Economy
Anurag Choudhary, Chairman and Managing Director, Himadri Speciality Chemicals
Himadri Speciality Chemicals targets a more than two-fold increase in profit after tax to over ₹1,100 crore by FY28 from ₹555 crore in FY25, driven by investments in advanced materials, electric vehicle battery chemicals and a turnaround of its tyre business.
The company outlined a ₹2,000-crore capital expenditure programme that it expects to fund through internal accruals. The strategy focuses on expanding speciality chemicals, building an integrated battery materials business and improving the performance of Birla Tyres, said the company in a recent investor call with analysts.
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