Himadri Speciality Chemical CEO Anurag Choudhary reaffirmed a Profit After Tax target of Rs 1,100 crore. The company expects to reach this milestone by fiscal year 2028. A new Dubai-based subsidiary will facilitate expansion into African and global markets.
Management aims to improve profit margins by expanding the value-added product portfolio. The company currently maintains a 30 percent return on capital employed. Additionally, the recently acquired Birla Tyres is projected to generate Rs 600 crore in revenue by FY27.
Shares of Himadri Speciality Chemical rose 3.16 percent on September 19, 2026. The stock closed at Rs 674 following the management's growth announcements.