Shares of Himadri Speciality Chemical rose nearly 13% on April 24, following the release of its fourth-quarter financial results the previous day, which showed a 29% increase in net profit.
The stock reached an intraday high of Rs 604.75, up 12.8%. By 9:53 a.m., it was trading 7.8% higher, while the NSE Nifty 50 index fell 0.85%.
For the quarter ending March 2026, the company reported net profit of Rs 201 crore, compared to Rs 156 crore a year earlier. Revenue increased 13.5% to Rs 1,288 crore from Rs 1,135 crore in the prior year’s corresponding period.
The board also proposed a final dividend of Rs 0.80 per equity share, equivalent to 80% of the face value of Rs 1, pending shareholder approval at the upcoming annual general meeting.
Key financial highlights (Q4, consolidated year-over-year):
– Revenue: Rs 1,288 crore, up 13.5% from Rs 1,135 crore.
– EBITDA: Rs 242 crore, up 3.6% from Rs 233 crore.
– EBITDA margin: 18.8%, down 180 basis points from 20.6%.
– Net profit: Rs 201 crore, up 29.1% from Rs 156 crore.
