When was Himadri founded?

Himadri was founded in 1987 and raised its 1st funding round 17 years after it was founded.

Where is Himadri located?

Himadri is headquartered in Kolkata, India. It is registered at 23A, Netaji Subhas Road 8th Floor, Suite No. 15, Kolkata, Kolkata, West Bengal, India, 700001.

Who is the current CEO of Himadri?

Anurag Choudhary of Himadri. They have also founded 1 company.

Which legal entities is Himadri associated with?

Himadri is associated with HIMADRI SPECIALITY CHEMICAL LIMITED and 5 others.

How many employees does Himadri have?

As of Mar 31, 2026, the latest employee count at Himadri is 1161.

Is Himadri a funded company?

Himadri is a funded company, having raised a total of $24M across 2 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Dec 06, 2004.

When was the latest funding round of Himadri?

Himadri's latest funding was a $***** Post IPO round on Jan 02, 2010, with participation from 0 investor.

What is the annual revenue of Himadri?

Annual revenue of Himadri is more than ₹1,000 Cr as on Mar 31, 2026

Where does Himadri rank among its competitors?

Himadri ranks 1st amongst 2373 active competitors, of which 75 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Chemours, which secured $375K in Nov, 2025.

Who are the top competitors of Himadri?

Himadri's top competitors include AGC, Chemours and Air Liquide. Among them, Chemours secured the most recent funding round in November, 2025.

Himadri - 2026 Company Profile, Team, Funding, Competitors & Financials

Himadri is a public company based in Kolkata (India), founded in 1987 by Tushar Choudhary, Shyam Sundar Choudhary, Vijay Kumar Choudhary, Bankey Lal Choudhary, Amit Choudhary, Anurag Choudhary and Damodar Prasad Choudhary. It operates as a Manufacturer of speciality chemicals including carbon black and battery materials. Himadri has raised $24M in funding from Citi. The company has 2373 active competitors, including 75 funded and 555 that have exited. Its top competitors include companies like AGC, Chemours and Air Liquide.

Company Details

Manufacturer of speciality chemicals including carbon black and battery materials. The product portfolio includes anode and cathode materials for lithium-ion batteries, coal tar pitch, refined naphthalene, and various speciality oils. These materials serve industries such as paints, plastics, tires, aluminium, and construction. Research and development activities focus on process improvements and the creation of value-added chemical products for industrial applications.

Website: himadri.com
Social
Email ID: *****@himadri.com, *****@himadri.com
Phone Number: +91 **********
Registered Address: 23A, Netaji Subhas Road 8th Floor, Suite No. 15, Kolkata, Kolkata, West Bengal, India, 700001

Key Metrics

Founded Year

1987

Location

Kolkata, India

Stage

Public

Total Funding

$24M in 2 rounds

Latest Funding Round

Post IPO, Jan 02, 2010, $*****

Investors

Citi & 4 more

Ranked

1^st among 2373 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2026

Employee Count

1,161 as on Mar 31, 2026

Investment & Acquisitions

Sicona & 9 more

Similar Companies

Chemanol & 23 more

Exit Details

Public

View Himadri's full profile

Himadri is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
HYHM LIMITED CIN: 13974390 , United Kingdom, Deadpooled	Mar 13, 2022	£0 - £1M (As on Mar 13, 2024)	1 (As on Mar 13, 2024)
HIMADRI CLEAN ENERGY LIMITED CIN: U20296WB2023PLC261077 , India, Active	Apr 13, 2023	₹100 - ₹500 Cr (As on Mar 31, 2026)	-
HIMADRI ADVANCE NEW ENERGY MATERIAL LIMITED CIN: U23100WB2022PLC286629 , India, Active	Jul 27, 2022	0 - ₹10 Cr (As on Mar 31, 2026)	33 (As on May 31, 2024)
HIMADRI UNITED MOTORS PRIVATE LIMITED CIN: U34102WB2018PTC229496 , India, Active	Dec 26, 2018	0 - ₹10 Cr (As on Mar 31, 2020)	-
HIMADRI CREDIT & FINANCE LTD CIN: L65921WB1994PLC062875 , India, Active	Apr 07, 1994	0 - ₹10 Cr (As on Mar 31, 2025)	-
HIMADRI SPECIALITY CHEMICAL LIMITED CIN: L27106WB1987PLC042756 , India, Active	Jul 28, 1987	₹1,000+ Cr (As on Mar 31, 2026)	1105 (As on Apr 01, 2026)

Himadri got listed on Jun 04, 1993.

Click here to take a look at Himadri's IPO in detail

Himadri has raised a total funding of $24M over 2 rounds. Its first funding round was on Dec 06, 2004. Himadri has 5 institutional investors.

Here is the list of recent funding rounds of Himadri:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 02, 2010	1266445	Post IPO	1470375	1997289	9215464	8509007
Dec 06, 2004	4399554	PE	1067994	9578942	Citi	2423826

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View details of Himadri's funding rounds and investors

The founders of Himadri are Tushar Choudhary, Shyam Sundar Choudhary, Vijay Kumar Choudhary, Bankey Lal Choudhary, Amit Choudhary, Anurag Choudhary and Damodar Prasad Choudhary. Anurag Choudhary is the CEO of Himadri.

Here are the details of Himadri's key team members:

Tushar Choudhary: Former Co-Founder of Himadri and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 2 email addresses
Shyam Sundar Choudhary: Co-Founder of Himadri. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address
Vijay Kumar Choudhary: Co-Founder & GM of Projects of Himadri. They are also an angel investor in 1 startup.
Bankey Lal Choudhary: Co-Founder & MD of Himadri. They are also an angel investor in 1 startup.
Amit Choudhary: Co-Founder & Executive Director of Himadri. They serve on the board of 1 company.

Himadri's Board of Directors

Himadri's board has 7 active members. Shyam Sundar Choudhary, Anurag Choudhary and Amit Choudhary are part of team and Girish Paman Vanvari, Rita Bhattacharya, Amitabh Srivastava and Gopal Ajay Malpani are independent board members.

Here is the list of Himadri's board of directors:

Name	Type	Representing	Status	Duration
Shyam Sundar Choudhary	Team	-	Current	39y 3m
Anurag Choudhary	Team	-	Current	7y 2m
Amit Choudhary	Team	-	Current	7y 2m
Girish Paman Vanvari	Independent board member	-	Current	5y 4m
fxramjc	Independent board member	-	Current	6y 1m
nxpcyom	Independent board member	-	Current	6y 6m
ggmbtuw	Independent board member	-	Current	6y 8m

View details of Himadri's Founder profiles and Board Members

Himadri's employee count trend

Himadri has 1,161 employees as of Mar 26. Here is Himadri's employee count trend over the years:

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Top competitors of Himadri include AGC, Chemours and Air Liquide. Here is the list of Top 10 competitors of Himadri, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Himadri 1987, Kolkata (India), Public	Manufacturer of speciality chemicals including carbon black and battery materials	$24M	Citi, GNST Capital & 3 others	71/100
2nd	AGC 2000, Tokyo (Japan), Public	Manufacturers of glass, chemicals, and ceramics	-	Economy And Finance, Europa	67/100
3rd	Chemours 2015, Wilmington (United States), Public	Chemical corporation	-	Soor Capital, OSTI & 1 others	67/100
4th	Air Liquide 1902, Paris (France), Public	Supplier of gases & chemical products	-	Societe Generale, Federalministryforeconomicaffairsandenergy ... & 4 others	65/100
5th	Lgchem 1947, South Korea, Public	Manufacturer of petrochemicals, advanced materials, and innovative life science solutions	-	Gates, European Investment Bank	65/100
6th	DFPCL 1979, Pune (India), Public	Manufacturer of fertilizers, industrial chemicals, and value-added real estate	-	Fidelity Investments, Axis Mutual Fund & 5 others	64/100
7th	Aether 2013, Surat (India), Public	Manufacturer of advanced intermediates and active ingredients for multiple industries	$13.5M	White Oak, India Infoline & 1 others	64/100
8th	Hexion Columbus (United States), Acquired	Manufacturer of resins and chemical additives for industrial production processes	$15.3M	Europa	63/100
9th	Croda 1925, Goole (United Kingdom), Public	Manufacturer of chemical ingredients for consumer care and life sciences	-	Capricorn Partners, Gov & 1 others	63/100
10th	Grasim Mumbai (India), Public	Manufacturer of fabrics and synthetic yarn products	-	-	61/100

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HIMADRI SPECIALITY CHEMICAL LIMITED, the legal entity associated with Himadri, generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of HIMADRI SPECIALITY CHEMICAL LIMITED has a compounded annual growth rate (CAGR) of 4% in the last 1 year.

Financial Statement Summary

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Income Statement
Revenue	8927	1818	8085	9871	3591
Total Sales	5092	1361	7724	8714	4429
Total Expenses	8291	9937	8924	3199	7273
Operating Expenses	5257	9679	1371	8805	4656
Employee Expenses	4585	8442	1337	5403	2942
Operating Income (EBIT)	6124	4766	4490	4090	1468
Interest Expenses	7489	3298	6753	5951	1928
Expenses from other activities	5969	9226	3321	7298	4748
EBITDA	6752	8611	4341	1788	5596
Taxes	4546	7893	1059	3925	3103
Net Profit	5445	6665	2351	6234	6460
Balance Sheet
Assets	6816	7477	8894	3663	8838
Cash Equivalent	7959	1035	2088	3747	1827
Accounts Receivables	9482	2228	4448	3151	9758
Inventory	6640	7073	1833	9814	2658
Liabilities	3418	3952	9322	6133	6480
Total Debt	9466	4679	3496	3949	6733
Accounts Payable	1156	7737	7094	9376	9953
Equities	1158	9048	7026	2976	8206
Cashflow Statement
Cash from Operating activities	6259	1151	8608	2027	5155
Cash from Investing activities	4572	8654	4453	9963	4012
Net cash from Financing activities	5882	4018	5970	5491	2522

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Himadri has made 6 investments in companies including Sicona and Sicona. Himadri has also acquired 4 companies including Birla Tyres and Trancemarine and Confreight Logistics.

Here is the list of investments & acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 25, 2026	Investments	Sicona	2019	Wollongong (Australia)
Jan 15, 2026	Investments	Sicona	2019	Wollongong (Australia)
May 22, 2025	Investments	IBC	2022	Milpitas (United States)