HSCL

What Himadri Speciality Chemical promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 23 tracked 6 delivered 3 missed 14 open
  • Minimum Quarterly Gross Sales delivered said Q1 FY18 Promised: Minimum topline of ~₹500 Crores per quarter Q1 FY27: Q1 FY27 revenue was ₹1,432 crores, continuing to significantly exceed the original floor set in FY18.
  • Advanced Carbon Material Capacity went quiet said Q4 FY18 Promised: 20,000 MT capacity to be operational by exit FY20 Q1 FY27: The original 20,000 MT target from FY18 remains unaddressed. The company's focus is firmly on its new anode and LFP cathode material strategy, making this old promise obsolete.
  • Net Profit Doubling revised up said Q1 FY26 Promised: Double Net Profit from FY24 to FY27 (from ~₹411 Cr to ~₹822 Cr) Q1 FY27: Management reiterated the PAT target of ₹1,100 crores, but pulled the timeline forward from FY28 to FY27, representing a significant acceleration. Q1 FY27 PAT was ₹228 crores, an annualized run rate of ₹912 crores.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 23 tracked commitments for Himadri Speciality Chemical — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens