Hi-Green Carbon FY26: Growth Held Up, But One-Off Fire Loss Reset Profitability

Hi-Green Carbon Limited recycles end-of-life tyres using proprietary continuous pyrolysis technology and produces value-added outputs including recovered carbon black (rCB), tyre processing oil (TPO), sodium silicate, scrap steel and syngas, along with renewable technology solutions.

For the year ended 31-03-2026, consolidated revenue from operations was Rs. 13,868.16 lakh, EBITDA was Rs. 2,578.02 lakh and profit after tax was Rs. 343.10 lakh.

The consolidated P&L shows an exceptional item loss of Rs. 581.94 lakh due to a fire incident. The presentation states the affected stocks and other assets were insured and the insurance claim is pending, expected to be settled in the current year.

The presentation states the company operates large-scale plants in Rajasthan and Maharashtra and that commercial operations began at Dhar, Madhya Pradesh in 2026. It also states total recycling capacity of 72,000 MTPA (300 TPD tyre pyrolysis) across three strategic locations.

The capacity utilization slide shows Dhule installed annualized capacity of 24,000 MT, with volumes produced rising from 8,581 MT in FY25 to 19,568 MT in FY26.

The presentation states Bhilwara uses syngas for sodium silicate production to reduce energy cost; Dhule plans syngas-based captive power generation with expected zero electricity cost and potential sale of surplus power; and Dhar proposes syngas bottling for pharma and chemical industries.

The presentation lists ISCC EU, ISCC+, REACH, GMP, ISO 14001, ISO 9001 and ISO 45001 certifications.