Himadri Speciality Chemical Ltd's Q3FY25 Quarter Results
- 14 Jan 2025
Result Summary
- Himadri Speciality Chemical Ltd reported a 0.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 8.5%.
- Its expenses for the quarter were down by 0.7% QoQ and up 3.8% YoY.
- The net profit increased 4.0% QoQ and increased 29.8% YoY.
- The earnings per share (EPS) of Himadri Speciality Chemical Ltd stood at 2.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1152.62 | 1150.49 | 1062.70 | 0.2% | 8.5% |
Total Expenses | 946.78 | 953.19 | 912.55 | -0.7% | 3.8% |
Profit Before Tax | 205.84 | 197.30 | 150.15 | 4.3% | 37.1% |
Tax | 64.69 | 61.60 | 41.37 | 5.0% | 56.4% |
Profit After Tax | 141.15 | 135.70 | 108.78 | 4.0% | 29.8% |
Earnings Per Share | 2.90 | 2.70 | 2.50 | 7.4% | 16.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Himadri Speciality Chemical Ltd is a leading player in the chemical industry, particularly in the production of carbon-based specialty products. The company's broad product portfolio includes advanced carbon materials, carbon black, coal tar pitch, naphthalene, phenol, and other related chemical products. These products are extensively used in various industries such as aluminum, graphite, carbon black, tyre, and other industries. The company has a significant global footprint, serving customers across 50 countries.
Revenue
The third quarter of the financial year 2025 (Q3FY25) saw Himadri Speciality Chemical Ltd generate a total income of ₹1152.62 crores, marking a slight increase of 0.2% from the previous quarter (Q2FY25) which reported a total income of ₹1150.49 crores. When compared with the same quarter of the previous financial year (Q3FY24), the total income grew by a robust 8.5%, from ₹1062.70 crores. The consistent increase in total income over the quarters indicates a steady growth in the company's revenue generation.
Profitability
The profitability of Himadri Speciality Chemical Ltd in Q3FY25 has shown a positive trend. The company's Profit Before Tax (PBT) was ₹205.84 crores, a quarter-over-quarter (QoQ) growth of 4.3% from Q2FY25's PBT of ₹197.30 crores. Year-over-year (YoY), the PBT saw a significant increase of 37.1%, up from ₹150.15 crores in Q3FY24. The Profit After Tax (PAT) was ₹141.15 crores, marking a QoQ growth of 4.0% and a YoY increase of 29.8%. The company's Earnings Per Share (EPS) also rose by 7.4% QoQ and by 16.0% YoY, standing at ₹2.90 in Q3FY25.
Operating Metrics
On the expenditure front, the total expenses of Himadri Speciality Chemical Ltd for Q3FY25 were ₹946.78 crores, slightly lesser by 0.7% than the ₹953.19 crores reported in Q2FY25. The YoY comparison, however, showed a slight increase in total expenses by 3.8% from ₹912.55 crores in Q3FY24. The tax paid by the company in Q3FY25 was ₹64.69 crores, which was higher by 5.0% from the previous quarter and by a substantial 56.4% from the corresponding quarter of the previous year. The rise in taxes paid is in line with the increase in the company's taxable profits.
