Himadri Speciality targets ₹1,100 crore profit by FY28
after close1 source ↓written by the desknot a recommendation
- by FY28
- ₹1,100 crore PAT
- company plans
- ₹2,000 crore capital expenditure
- allocated
- ₹1,000 crore
- initiative
- ₹3,000 crore LFP cathode
- expected to generate
- ₹120-130 crore
Himadri Speciality Chemical aims for ₹1,100 crore PAT by FY28, doubling profits from FY25. The company plans a ₹2,000 crore capital expenditure, with ₹1,000 crore allocated for this fiscal year, funded by free cash flows. Key projects include a ₹3,000 crore LFP cathode initiative and an anode pilot plant expected to generate ₹120-130 crore.
Not investment advice. For informational purposes only.