What we do Himadri Speciality Chemical Limited manufactures carbon materials and chemicals, serving domestic and international markets, with strong focus on coal tar derivatives and lithium-ion battery materials. |
Founded in 1,987 |
Market share Market leader in coal tar pitch and speciality carbon black, with expanding presence in lithium-ion battery materials globally. |
Problem solved Provides essential raw materials enhancing aluminum, graphite, battery industries, and specialty chemicals, addressing industrial and energy storage needs. |
Top clients or who we serve Serves major aluminium, graphite, battery manufacturers globally; customers include Nalco, Dubal, Graftech; focus on B2B industrial clients worldwide. |
Key management Anurag Choudhary (Chairman cum Managing Director), Amit Choudhary (Whole-time Director), Shyam Sundar Choudhary (Executive Director). |
Our journey and innovations Since 1987, expanded plants, pioneered impregnating pitch, liquid coal tar pitch, carbon black grades, lithium-ion battery materials, and global expansions. |
Where we operate Operations across India, subsidiaries in Hong Kong, China, USA with exports to 56 countries including Middle East, Americas, Asia, Africa. |
Top products or what we offer Coal tar pitch, speciality carbon black, specialty oils, lithium iron phosphate cathode active materials, naphthalene balls, and advanced battery materials. |
Top brands DurofreshTM naphthalene balls #1 purity, speciality carbon black with 60+ grades, newly launched lithium-ion battery material products, Birla Tyres brand acquisition. |
Raw materials needed Coal tar, crude oils, petrochemical feedstocks, lithium compounds, minerals for battery materials. |
Raw materials supplier Sourced from coal and petrochemical industries domestically; strategic collaborations for lithium and silicon materials globally. |
Recurring vs cyclical contribution Majority revenue is recurring from stable long-term customer engagements in chemicals and battery materials sectors. |
Our industry position Among the top global manufacturers of coal tar pitch and speciality carbon black; emerging leader in lithium-ion battery material space. |
Financial highlights FY25 revenue ₹4612.63 Cr with PAT ₹555.63 Cr; 10% revenue and 36% PAT growth YoY driven by volume and operational efficiencies. |
Geographical revenue split Approximately 73.6% revenue from India, 26.4% from international markets including Middle East, Americas, Asia, and Africa. |
Order book Robust order book backed by long-term supply contracts in aluminium and battery sectors; expanding specialty carbon black capacity for new orders. |
Whats driving growth Growth fueled by rising demand for lithium-ion battery materials, speciality carbon blacks, expansions in production capacity and geographic reach. |
Our future plans Rs. 4800 Cr investment for lithium battery cathode plant, expanding speciality carbon black capacity, forward integration into high-value chemicals. |
Our green promise Committed to sustainability with platinum EcoVadis rating, emissions reduction targets, circular economy initiatives and renewable energy usage. |
Our people and values Inclusive culture certified as Great Place to Work®, focus on diversity, safety, and employee development with long-term loyalty. |
Key challenges ahead Managing raw material supply risks, market volatility, regulatory compliance across geographies, and scaling new battery material operations efficiently. |
Interesting facts First global commercial plant for LFP cathode material outside China; awarded multiple sustainability and innovation accolades in recent years. |
Risks and strategy Mitigates currency, supply chain, and regulatory risks via diversification, strong R&D, long term contracts, and strategic acquisitions. |
