Himadri Speciality Chemical Limited

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e: 15/07/2025 Ref: Listing Code: 500184 BSE Limited Department of Corporate Services P. J. Towers, 25th Floor, Dalal Street, Mumbai- 400 001 Sub: Investor Presentation E-mail: monika@himadri.c

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to drive Business Resilience Significant sustainable growth in profitability over the next 2 years 3 Unlocking new opportunities with focused investments through internal accrual Strategy Capex Ope

Rs. 306

cals Turnaround + Gain Market Share Pioneer in India Forward Integration Vertical Integration Rs. 306 Cr Rs. 1,125 Cr Rs. 220 Cr Rs. 120 Cr Q1FY26 Q3FY27 Q3FY26 Q2FY27 Expansion Acquisition Gr

Rs. 1,125

ound + Gain Market Share Pioneer in India Forward Integration Vertical Integration Rs. 306 Cr Rs. 1,125 Cr Rs. 220 Cr Rs. 120 Cr Q1FY26 Q3FY27 Q3FY26 Q2FY27 Expansion Acquisition Greenfield Brow

Rs. 220

arket Share Pioneer in India Forward Integration Vertical Integration Rs. 306 Cr Rs. 1,125 Cr Rs. 220 Cr Rs. 120 Cr Q1FY26 Q3FY27 Q3FY26 Q2FY27 Expansion Acquisition Greenfield Brownfield Brow

Rs. 120

Pioneer in India Forward Integration Vertical Integration Rs. 306 Cr Rs. 1,125 Cr Rs. 220 Cr Rs. 120 Cr Q1FY26 Q3FY27 Q3FY26 Q2FY27 Expansion Acquisition Greenfield Brownfield Brownfield *Add

15%

h acquisition made with a strategic purpose Investment in Sicona Battery Technologies Secured a ~15% post-conversion equity interest in Sicona Battery Technologies Pvt. Ltd. with an investment of Rs.

Rs. 84.21

15% post-conversion equity interest in Sicona Battery Technologies Pvt. Ltd. with an investment of Rs. 84.21 Cr. Investment in International Battery Company (IBC) The Board has approved the acquisition of a

16.24%

Cr. Investment in International Battery Company (IBC) The Board has approved the acquisition of a 16.24% stake in International Battery Company, Inc. (IBC), USA, through a mix of stock purchase and subs

Rs. 37.47

through a mix of stock purchase and subscriptions with a total investment of USD 4.43 Mn (approx. Rs. 37.47 Cr) Investment in Invati Creations 40% stake for a consideration of Rs. 45.16 Cr Collaborations

40%

ns with a total investment of USD 4.43 Mn (approx. Rs. 37.47 Cr) Investment in Invati Creations 40% stake for a consideration of Rs. 45.16 Cr Collaborations poised to accelerate the development and

Rs. 45.16

4.43 Mn (approx. Rs. 37.47 Cr) Investment in Invati Creations 40% stake for a consideration of Rs. 45.16 Cr Collaborations poised to accelerate the development and deployment of next-generation EVs and E

“120 Cr, plant to be commissioned by Q2 FY27 Target markets : Domestic and global sectors Setting up facility to extract high value-added speciality products namely Anthraquinone & Carbazole from our existing coal tar distillates First of its kind in India at this scale and aims to eliminate the country’s reliance on these chemical imports.”

“e t a r e e c c A l Assumption: India will be regulated carbon market with high tax imposed on conventional Fuel & PLI for clean fuel and technologies l e a c S • • Scale successful science based offset projects.”

“in Cr) 188 201 222 232 234 123 134 142 158 183 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 On Standalone Basis Significant growth led by focus on High Value Speciality Products and low raw material price 44 Standalone Profit & Loss Statement – Q1 FY26 Particulars (Rs.”

“in Cr) +29% 4,172 4,185 4,596 844 558 2,791 1,679 FY21 FY22 FY23 FY24 FY25 On Standalone Basis 632 +60% 408 128 162 FY22 FY21 FY23 FY25 *Earnings before interest, tax, depreciation, amortisation, foreign exchange fluctuation gain/ (loss) and other income FY24 411 +86% 208 47 65 FY21 FY22 FY23 FY24 FY25 47 Progressive returns on capital Sales Volume (MT) ROCE (%)* Cash Rich Company (Rs.”

“in Cr) 5,52,206 +13% 4,75,582 4,03,826 3,71,974 3,41,931 34% 28% 371 142 17% 5% 6% -200 -315 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 -583 FY21 FY22 FY23 FY24 FY25 *Excludes Investment & CWIP On Standalone Basis 48 Growing present, promising future Unparalleled access to growth opportunities Global speciality chemical conglomerate Pioneer in Lithium ion battery materials Quality-led production Sustainability focused Transformation Unfolds….”

Market Potential

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Sicona's Transformative Year

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Innovative Technologies at Sicona

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Transformation Unfolds

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Winners in

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Company

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Investor Relations Advisors

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Ms. Payal Dave

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Mr. Bhavya Shah

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Market Potential

• • • The global naphthalene mothballs market is poised for steady growth, valued at USD 1.5 Bn in 2024 and expected to reach USD 2.1 Bn by 2033, growing at a CAGR of 4.5% from 2026 The Asia Pacific region, which includes India, is the fastest-growing market, projected to expand at CAGR of 6.5% Domestically, the Indian naphthalene market is forecasted to reach USD 232 Mn by 2030, growing at a CAGR of 3.5% from 2024 To seize this opportunity, we are launching “DurofreshTM”, a refined naphthalene ball brand engineered to set the benchmark for quality and efficacy Source : Annual Report 12 Advancing speciality value chain Coal Tar Pitch Positioned among the few global manufacturers of specialized pitches; consistently improved anode lifespan via process optimization. Speciality Carbon Black Launched a series of application-specific speciality blacks with superior performance parameters which finds application in fibres, semicon cables, engineering plastics, inks and several other speciali

Innovative Technologies at Sicona

Potential Applications and Global Impact What sets Sicona apart • Pilot Plant Achievements • Silicon-Carbon (SiCx®) Anode Materials o Ramped up production in the latter half of 2024, exceeding targets by producing Gen3 SiCx® material • Expansion Plans o Sicona intends to establish production and facilities developing battery and electric vehicle manufacturing geographies. burgeoning across o Offers over 20% density graphite-only cells compared increase to in energy conventional • Intellectual Property Portfolio: Extensive IP technological portfolio advancements providing a competitive edge in the battery materials underpins its o Reduces charging times by more than 40% • Gen3 SiCx® Performance o Demonstrated superior performance metrics, including higher tap density, lower electrode resistance, and improved cycle life compared to commercial SiOx materials • Market Positioning: Cost-effective and scalable manufacturing processes, offering high-performance battery materials without relia

Transformation Unfolds

From Growing Carbon Value Chain to Promising Mobility and Energy Storage Opportunity We will address substantial part of the critical raw material requirements of Lithium-Ion Batteries 34 NET ZERO Scope 3 – Baseline Year 2023 (FY23-24) Scope 1 – Baseline Year 2021 (FY 21-22) Scope 2 = 0, Baseline Year 2021 (FY 21-22) OUR AMBITION i e v e h c A Reduce Packaging Emission. Reduction of Upstream and down stream emission Lowering customer’s carbon footprint by novel products. Science Based off-set, pilot projects. Focus on adding renewable energy source Deployment of Sustainable Procurement Framework Elimination of virgin plastic in packaging by 100% Reduction of Freight emission by 50% Science based off- set, Broadening horizon of successful pilot projects. Reinforcing sustainable procurement framework to make it more effective & efficient. e t a r e e c c A l Assumption: India will be regulated carbon market with high tax imposed on conventional Fuel & PLI for clean fuel and technologies

Winners in

Sustainability Leader of the Year Energy Efficiency Environment Protection Good Health & Well-Being Recognised with six prestigious awards at the 13th The Golden Globe Tigers Award 2025 held in Kuala Lumpur, across key categories in CSR, workplace excellence, climate action, and sustainability leadership. Honoured with the Golden Peacock Award for Occupational Health & by 2025 Institute of Director Safety Himadri honoured with Top Global Recognition at LACP Spotlight Awards 2024/25 Himadri has received global recognition by securing the Platinum and clinching #1 rank in Top 100 Worldwide Award for with Silver Honoured Recognition its presentation on Vision Zero Accident at the 8th CII IQ– Safety Practice Competition, reflects Himadri's commitment to building a safe, proactive, and prevention-focused work environment 40 Financials 41 Driving profitable growth with capital efficiency Financial Capital Sources of Capital Output of Investments Efficient growth Strategic capital is deployed

Company

CIN: L27106WB1987PLC042756 Ms. Monika Saraswat Company Secretary Email: monika@himadri.com www.himadri.com Mr. Sahil Sawalkar AGM - Strategy Email: sahil.sawalkar@himadri.com

Investor Relations Advisors

MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG Pension & Market Services