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NSE:PCBL

PCBL CHEMICAL LIMITED

Chemicals › Chemicals & Petrochemicals·NIFTY 500NIFTY MIDSMALLCAP 400NIFTY MIDSMALLCAP400 50:50NIFTY SMALLCAP 250+5
₹289.95
at close · 28 Oct 2026
▲ 5.55 (+1.95%)
ThemesBatteries & Energy Storage· announced

Latest filings

Next results: Mon, 2 Nov · Financial Results
  1. PCBL Chemical schedules Q2FY27 results conference call · Board & Shareholder Meetings
  2. PCBL Board to approve September 2026 quarterly and half-year results · Board & Shareholder Meetings
  3. PCBL Chemical reappoints T.C. Suseel Kumar as Independent Director for 5 years · Management Changes
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures carbon black — the reinforcing filler used in tyres — alongside a specialty chemicals arm (Aquapharm) and a captive power plant that runs on by-product gas from carbon black production. Carbon Black was 78.3% of FY26 segment revenue at ₹6,511.66 crore and generated ₹721.05 crore EBIT. Aquapharm contributed 17.3% at ₹1,442.73 crore (EBIT ₹17.43 crore), making chelates and other specialty chemicals for customers including P&G and Henkel. Power was 4.4% of segment revenue at ₹365.6 crore but its ₹238.59 crore EBIT made it disproportionately profitable relative to its size. Battery Chemical (Nanovace) recorded no FY26 revenue; a pilot plant is being commissioned with commercial volumes targeted for FY28. Raw materials are the dominant cost at 69.3% of revenue, reflecting heavy reliance on coal tar and petroleum-derived feedstock, while capex ran at 8.9% of revenue and net debt fell ₹454 crore to ₹4,536 crore. Overall EBITDA margin was 12.90%.

Revenue mix · reported segments
Carbon Black78.3%
Chemical (Aquapharm)17.3%
Power4.4%
Battery Chemical (Nanovace)0.0%
Operating scale
Aquapharm capacity
167,000 tonsFY26
New carbon black capacity added
90,000 tonsFY26
Mundra specialty black line
20,000 MTPA, commissionedQ1 FY27
Super-conductive carbon black line
1,000 MTPA, operationalQ1 FY27
Carbon black export share
~40% of volumesFY26
India-EU FTA duty-free carbon black market
1.8 million tons (Europe)FY26
Who pays it
Tyre manufacturers in India and overseas for Carbon Black; P&G and Henkel for Aquapharm chelates.
Biggest cost
Raw materials at 69.3% of revenue — primarily coal tar and petroleum-derived oils for carbon black production.
Kind of business
Asset-heavy, raw-material-intensive chemicals with a high-margin captive power by-product stream and a small new battery chemicals venture.
Where it sits
Carbon Black is the core (78.3% of FY26 segment revenue); Aquapharm is the specialty chemicals arm; Nanovace is an early-stage battery materials bet targeting FY28 commercial volumes.
Market Cap
₹11,410 Cr
P / E (TTM)
43.7×
EV / EBITDA
14.1×
Div Yield
1.99%
Growth
25.2%▲
Revenue 5y CAGR
PAT -8.8% · EBITDA +14.5%
Quality
13.3%▲
ROCE (5y median)
ROE 15.1% (5y median) · margin 12.9%
Leverage
1.20·
Debt / Equity · moderate
Net debt ₹4,596 Cr
Revenue FY21→FY26
3.1×▲
Margin −9.4 pts
₹2,660 Cr → ₹8,189 Cr
Cash conversion
2.13×▲
Operating cash ÷ profit · 5 yrs
₹4,236 Cr on ₹1,992 Cr
Moves on a normal day
1.23%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 226 Chemicals & Petrochemicals peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#154/197
P/B#125/202
ROCE#161/220
ROE#124/202
Debt / Equity#182/202
EBITDA margin#83/201
Revenue growth#100/194
Profit growth#87/202

Scorecard

Measured from the filed financials, judged against its Chemicals & Petrochemicals peers · as of FY26 — not investment advice

Strengths
Revenue compounding 25% a year over 5 years
Over 5 years it reported ₹1,992 Cr of profit and ₹4,236 Cr of operating cash — 2.13×
Profit is converting into cash
Concerns
Profit shrinking over 5 years (−9% a year)
Carries more debt than its peers — 1.20× equity
higher than 90% of its 202 Chemicals & Petrochemicals peers
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

PCBL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from PCBL CHEMICAL LIMITED's filed financials and exchange disclosures

What does PCBL CHEMICAL LIMITED do?

PCBL CHEMICAL LIMITED is a Chemicals & Petrochemicals company listed on NSE and BSE, trading under the symbol PCBL.

Is PCBL CHEMICAL LIMITED profitable?

Yes. Over the trailing twelve months PCBL CHEMICAL LIMITED reported a net profit of ₹259 Cr on revenue of ₹8,549 Cr.

Does PCBL CHEMICAL LIMITED pay a dividend?

Yes. The dividend yield is 1.99% at the current price. It paid out 114% of its profit as dividend in FY26.

Is PCBL CHEMICAL LIMITED debt-free?

No. It reported borrowings of ₹4,825 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹4,596 Cr after cash. Debt stands at 1.20× equity. That is higher than 90% of its 202 Chemicals & Petrochemicals peers.

Is PCBL CHEMICAL LIMITED expensive compared with its peers?

On trailing P/E, PCBL CHEMICAL LIMITED ranks 154 of 197 in Chemicals & Petrochemicals — cheaper than 22% of them, against an industry median of 21.2×. This is a position, not a valuation judgement.

How much does the PCBL CHEMICAL LIMITED share price move in a day?

On a typical session PCBL CHEMICAL LIMITED moves 1.23% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

When are PCBL CHEMICAL LIMITED's next results?

Financial Results on Mon, 2 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track PCBL CHEMICAL LIMITED's announcements?

Every NSE and BSE filing by PCBL CHEMICAL LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.