• Profit growth target: Management reaffirmed its long-term guidance to double PAT from ₹555 crore in FY25 to over ₹1,100 crore by FY28, supported by a 16% PAT margin and growth driven by both realizations and rising volumes.
• Tire segment ramp-up: The tire business generated ₹127+ crore in revenue during Q1, with management projecting a linear ramp-up toward a long-term topline target of ₹3,000 crore.
• Battery business outlook: The company expects its 2,000 metric ton LFP plant to commence production in Q3 FY27 and full revenues to flow by FY29, remaining confident of achieving a ₹30,000 crore topline across anode, LFP, and silicon carbon within 5 to 6 years.
• Strategic capex deployment: Himadri has committed ₹368 crore in capex, comprising ₹170 crore for super specialty carbon black, ₹128 crore for Anthraquinone and Carbazole expansion, and ₹70 crore for domestically developed carbon nanotube manufacturing.