Himadri Speciality Chemical Ltd

 Himadri Speciality Chemical (HSCL) has announced a strategic investment of USD 4.43 Million (approx. ₹ 37.47 crore) to acquire a 16.24% stake in International Battery Company, Inc (IBC), a U.S. headquartered technology developer and manufacturer of chemistry-agnostic prismatic Lithium ion (Li-ion) cells. The investment, made through a combination of preferred and common shares, gives Himadri representation on IBC's board. This is a significant milestone for Himadri, marking the start of the commercial deployment of its LFP Cathode active and anode materials. IBC is a leading innovator in prismatic cell technologies designed for energy storage and mobility applications across global markets. It operates a 50MWh lithium-ion battery cell facility in South Korea, which began production in 2023, and is developing a Gigafactory in Bengaluru, India, through its Joint Venture with Mahanagar Gas Limited (MGL is a Subsidiary of GAIL)- IBC India Pvt Ltd wherein MGL owns a 44% stake. The Bengaluru Gigafactory is scheduled to commence operations by Q4 FY26. Through IBC India Pvt Ltd, the company aims to play a pivotal role in India's energy transition. The Bengaluru facility will cater to last-mile B2B fleet providers and 2- and 3-wheeler OEMs, while also supporting global battery cell exports. IBC has already penetrated the EV market with over 500 EVs already running satisfactorily on its battery packs made using its NMC-based Prabal 1000 (NMC-622 cathode chemistry) Li ion cells currently manufactured in South Korea. IBC has an open order book of 4,300 electric 2-wheelers from six customers. Through the Bengaluru Gigafactory, IBC is also poised to cater to the captive energy demand from MGL's vehicles. IBC is presently developing its LFP-based Prabal 2000 using Himadri's LFP cathode active and anode materials with a robust product roadmap through the partnership with Himadri in play. Through this alliance, Himadri gains strategic access to IBC's robust manufacturing infrastructure in South Korea and its upcoming Gigafactory in Bengaluru, enabling commercial testing and deployment of its New Energy Materials. This partnership also opens the doors for Himadri to further enhance its global reach by tapping into IBC's rapidly expanding customer base across the U.S., India, and East Asia. In return, IBC secures a reliable supply of high-quality anode and cathode materials'critical to battery performance and cost'while benefiting from Himadri's deep expertise in materials science, supply chain management, and global market presence. The collaboration is further strengthened by access to IBC's proprietary Industrial AI platform, which will drive faster innovation and co-development of advanced materials. Importantly, the successful commercialization of Himadri's LiB materials through IBC's platforms will open up significant global market opportunities, positioning Himadri as a key supplier in the international battery materials value chain. Powered by Capital Market - Live

Himadri Speciality Chemical announced that the 37th Annual General Meeting(AGM) of the company will be held on 12 June 2025.Powered by Capital Market - Live

Himadri Speciality Chemical will hold a meeting of the Board of Directors of the Company on 13 May 2025.Powered by Capital Market - Live

The Board of Himadri Speciality Chemical at its meeting held on 13 May 2025 has approved further investment of AUD 1,50,00,000 (Rs 81.48 crore approximately) (in cash) in Sicona Battery Technologies (Sicona) in the form of subscription to Compulsorily Convertible Notes. These investments shall be made in agreed tranches over a period of 18 months. The Board has also approved entering into a Technology Licensing Agreement with Sicona, which grants Himadri the exclusive license to manufacture silicon-carbon anode materials in India using Sicona's Silicon-Carbon (SiCx') anode technology. Powered by Capital Market - Live

The key equity benchmarks traded with limited gains in morning trade. Investor sentiment remained positive, aided by continued foreign institutional inflows. The Nifty scaled above the 24,200 level. Realty shares soared for the sixth consecutive trading session. At 10:25 IST, the barometer index, the S&P BSE Sensex added 297.10 points or 0.37% to 79,705.60. The Nifty 50 index rose 88 points or 0.36% to 24,213.55. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index jumped 0.79% and the S&P BSE Small-Cap index advanced 0.85%. The market breadth was strong. On the BSE, 2,489 shares rose and 1,039 shares fell. A total of 182 shares were unchanged. Earnings Today: HCL Technologies(down 0.31%), Tata Communications(up 0.56%), Waaree Energies(up 4.88%), M&M Financial Services(down 0.53%), AU Small Finance Bank(down 1.75%), Havells India(up 0.31%), Cyient DLM(up 3.27%), Delta Corp(up 1.20%), Huhtamaki India (down 0.92%) will declare their result later today. Economy: In a relief to banks, the Reserve Bank of India has finalized its Liquidity Coverage Ratio (LCR) guidelines, reducing the proposed additional run-off factor on internet and mobile banking-enabled retail deposits to 2.5%, effective 1 April 2026. Under the new norms, stable and less stable retail deposits will now attract run-off factors of 7.5% and 12.5%, respectively. The RBI also lowered the run-off rate on wholesale funding from non-financial entities like trusts and LLPs to 40% from 100%, aiming to better reflect funding stability. These changes are expected to improve banks' LCR by about 6% while ensuring continued compliance with minimum regulatory Buzzing Index: The Nifty Realty index rallied 1.80% to 879.65. The index surged 12.73% for the six trading sessions. Raymond (up 7.62%), Anant Raj (up 3.63%), Sobha (up 3.01%), Macrotech Developers (up 2.98%), Phoenix Mills (up 2.25%), Oberoi Realty (up 2.2%), Brigade Enterprises (up 1.38%), Prestige Estates Projects (up 1.21%), Godrej Properties (up 0.78%) and DLF (up 0.76%) surged. Stocks in Spotlight: Himadri Speciality Chemical added 0.69% after the company's consolidated net profit climbed 35.9% to Rs 155.58 crore in Q4 FY25, compared with Rs 115.16 crore in Q4 FY24. Revenue from operations fell 3.59% YoY to Rs 1,134.64 crore in Q4 FY25. H.G. Infra Engineering advanced 2.08% after the company announced that it had been declared a qualified bidder for a major battery energy storage project in Gujarat. The project is expected to be executed over a period of 24 months. Poonawalla Fincorp (PFL) rose 0.87%. The company has announced the launch of of its consumer durables loans business, marking its entry into the fast-growing and high-velocity segment of retail lending. In phase one, PFL plans to expand into 70 locations across key metros, as well as Tier 2 and Tier 3 cities, collaborating with 5,000 dealers, including regional retailers and small businesses with strong local reach.  Powered by Capital Market - Live

Net profit of Himadri Speciality Chemical rose 35.10% to Rs 155.58 crore in the quarter ended March 2025 as against Rs 115.16 crore during the previous quarter ended March 2024. Sales declined 3.59% to Rs 1134.64 crore in the quarter ended March 2025 as against Rs 1176.95 crore during the previous quarter ended March 2024. For the full year,net profit rose 35.26% to Rs 555.62 crore in the year ended March 2025 as against Rs 410.77 crore during the previous year ended March 2024. Sales rose 10.22% to Rs 4612.63 crore in the year ended March 2025 as against Rs 4184.89 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1134.641176.95 -4 4612.634184.89 10 OPM %20.5615.25 -18.5215.41 - PBDT238.07178.34 33 861.14623.72 38 PBT224.35165.73 35 806.17573.86 40 NP155.58115.16 35 555.62410.77 35 Powered by Capital Market - Live

The Board of Himadri Speciality Chemical at its meeting held on 21 April 2025 has approved the appointment of Amitabh Srivastava (DIN: 09704968), as an Additional Director in the capacity of Independent Director of the Company for the first term of 5 (five) consecutive years w.e.f. 21 April 2025, subject to approval of the shareholders at the forthcoming AGM of the Company.Powered by Capital Market - Live

The Board of Himadri Speciality Chemical at its meeting held on 21 April 2025 has approved acquisition of 100% paid-up equity share capital of Elixir Carbo (CIN: U23100CT2022PTC013517) (Target Company), for a total purchase consideration of Rs 7.50 crore in cash, by way of purchase of equity shares from the existing shareholders of the Target Company. Powered by Capital Market - Live

Himadri Speciality Chemical announced that the Board of Directors of the Company at its meeting held on 21 April 2025, has recommended a Final dividend of Rs.0.60 per share (i.e.60%), subject to the approval of the shareholders.Powered by Capital Market - Live

Himadri Speciality Chemical will hold a meeting of the Board of Directors of the Company on 21 April 2025.Powered by Capital Market - Live