Conference Call with Nuvoco Vistas Corporation Management and Analysts on Q3FY26 Performance and Outlook. Listen to the full earnings transcript.
Speciality Chemicals company Himadri Speciality Chemical announced Q3FY26 results Revenue stood at Rs 3,303.80 crore, highlighting stability with a clear path to capacity-driven growth ahead. EBITDA: Rs 249 crore against Rs 222 crore during Q3FY25, change 12%. PAT: Rs 195 crore against Rs 142 crore during Q3FY25, change 37%. Anurag Choudhary, CMD & CEO, Himadri Speciality Chemical, said: Himadri Speciality Chemical Ltd is delighted to report another quarter of resilient performance and meaningful progress in Q3 & 9MFY26. On consolidated basis, for the nine months ended 31st December 2025, the Company delivered an EBITDA of Rs 725.83 crore, representing a robust ~18% growth over 9MFY25. Profit After Tax stood at Rs 547.54 crore, marking an impressive 37% YoY increase. In Q3FY26 EBITDA reached Rs 252.73 crore, up ~12% compared to Q3FY25, while PAT rose to Rs 192.04 crore, reflecting a strong 36% growth. This consistent financial momentum underscores Himadri’s disciplined execution, sharp focus on high-value-added products, and sustained improvements in operational efficiency and yield. We started trial production at our speciality carbon black expansion project in Mahistikry in December 2025—a landmark achievement for Himadri. This underscores the beginning of the next growth phase in our carbon black journey. Once fully operational, this facility will not only make Mahistikry the world’s largest single-site facility for speciality carbon black in terms of production capacity, taking our total speciality carbon black capacity to 1,30,000 MTPA, but also enable us to capture significant opportunities in premium markets such as plastics, inks, paints, and other niche speciality applications. This quarter also marked a significant milestone with the commissioning of the new Mangalore Port terminal and the successful export of 3,600 tons of liquid coal tar pitch to the Middle East. This achievement not only validates Himadri’s technical & operational capabilities and product quality, but also establishes a second export corridor alongside Haldia, enhancing logistics flexibility and global reach. Birla Tyres has continued to strengthen its presence across India and international markets— including Asia, the Middle East, and Africa—through a robust network of 36 distributors and over 640 dealers. Its extensive portfolio features over 80 different products across flagship range comprising of KalaPatthar, Shaan+, BT339, Ultra Trac, and others, designed to offer exceptional grip, mileage, and durability for varied customer needs. Strategic engagements such as participation in Automechanika Dubai and initiative like Kisan Samman Samaroh, continue to reinforce its commitment to innovation and brand trust. During the quarter ended 31st December 2025, upon receipt of the balance consideration amount of Rs 237 crore from the Promoters, the company has allotted one crore equity shares to the promoters and pursuant to this, the Promoter shareholding stands at 52.50%. Through its continued focus on sustainability, the company earned the EcoVadis Platinum medal for the second consecutive year, placing it among the top 1% of companies globally assessed on sustainability performance. Moreover, at the 19th EXCEED Environment Awards 2025, the company was recognized as Champion (Outstanding) in Quality Management within the Chemical & Fertilizer sector and received the Outstanding Award in CSR for “Building Futures, Empowering Communities”. Result PDF
Cement & Cement Products company Nuvoco Vistas Corporation announced Q3FY26 results Consolidated revenue from operations grew 12% YoY to Rs 2,701 crore in Q3FY26. Reported 50% YoY rise in consolidated EBITDA to Rs 386 crore in Q3FY26. Company achieved its highest-ever third-quarter cement sales volume of 5 MMT in Q3FY26, registering a 7% YoY growth. Jayakumar Krishnaswamy, Managing Director, Nuvoco Vistas Corp, said: “Despite early macroeconomic challenges from prolonged monsoon and festivities that softened demand in October and November, December saw healthy double-digit growth, demonstrating strong recovery momentum. The Company delivered its highest-ever third-quarter volume and a 50% YoY rise in EBITDA, driven by a sustained focus on premiumisation and operational excellence. The Company also achieved the lowest blended fuel cost in the last 17 quarters, at Rs 1.41 per Mcal. The refurbishment and project execution at the Vadraj Cement Plant are progressing steadily as planned. These strategic expansions, supported by our focus on premiumisation, cost and operational efficiency, will drive our long-term competitive advantage.” Result PDF