Himadri Speciality Chemical announced Q1FY25 results: Revenue grew by 26% YoY to Rs 1,200 crore EBITDA and PAT growth of 43% and 41% YoY respectively Sales volume grew by 38% YoY to 1,39,175 MT Commenting on the results and performance, Anurag Choudhary, CMD & CEO of Himadri Speciality Chemical Ltd said: “We are pleased to announce our Q1FY25 results, showcasing significant achievements across key metrics. Our sales volumes have grown to 1,39,175 MT from 1,01,030 MT in Q1FY24 registering a growth of 38% and EBITDA & PAT soared by 43% & 41%, reaching Rs 188 crore & Rs 123 crore respectively. A significant milestone is our achievement of becoming debt-free, boasting a positive net cash balance. This accomplishment is a testament to our unwavering commitment to disciplined capital deployment and efficient working capital utilization. Our focus on both profitability as well as disciplined balance sheet has led to a sustainable ROCE of 28%. Our current businesses are growing at a strong pace and fueling our vision for progression in current and new businesses. Our long-term focus on speciality and high-value-added products has consistently driven profitability, complemented by initiatives in operational efficiency, yield improvements, and competitive value propositions for our customers. LFP as a Cathode chemistry is gaining strong acceptance and growth globally. As India’s first player to set-up LFP Cathode facility, we are progressing as per our plan. Along with the commercial plant, we are already in process of setting up a demo unit to accelerate product approvals. Over the past few years, we have embarked on an exciting journey, exploring new avenues, developing cuttingedge technologies, and entering new businesses and segments. This momentum will continue with our ongoing initiatives and commitments. As we look to the future, Himadri is poised for transformative growth. Our robust pipeline of innovative technologies and products promises to revolutionize various industries. We remain committed to driving forward with the same spirit of innovation and excellence, ensuring long term value creation for our stakeholders. The road ahead is filled with promising opportunities and we are ready to seize them with our relentless focus on progress and sustainability.” Result PDF