Shares of Himadri Speciality Chemical surged over 8% on Friday, April 24, after the company reported a strong set of Q4 FY26 results along with a dividend announcement.

The stock was trading at Rs 582.20, up 8.58% in early trade, compared to its previous close of Rs 536.20, reflecting strong investor reaction to the earnings performance.

The company reported a 29% rise in net profit at Rs 201 crore for Q4 FY26, compared to Rs 155.6 crore in the same period last year. Revenue grew 13.5% year-on-year to Rs 1,287.8 crore from Rs 1,134.6 crore, while EBITDA rose 3.6% to Rs 242 crore.

However, EBITDA margins declined to 18.8% from 20.6% year-on-year, indicating some cost pressure despite overall growth in earnings.

For the full financial year FY26, the company reported revenue from operations of Rs 4,660.7 crore.

Operationally, the company marked key expansions during the year, including the commencement of its first anode production facility at Mahistikry, West Bengal, with an initial capacity of 200 MTPA. It also began operations of a new 70,000 MTPA speciality carbon black line at the same location, strengthening its production capabilities.

Additionally, the company announced a final dividend of Rs 0.80 per equity share for FY26, subject to shareholder approval, which further supported investor sentiment.

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