1. India Stocks

  2. •

    Basic Materials

  3. •

    Chemicals - Specialty
PCBL Limited

PCBL Limited

PCBL.BO
PCBL LimitedIN flagBombay Stock Exchange
290.70
INR
-1.85
- -
114.38BMarket Cap
PCBL Limited
PCBL.BO
(Bombay Stock Exchange)

Recent

price

290.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
51.05
64.72
66.17
66.04
71.58
54.89
55.82
73.77
101.65
93.48
77
122.73
152.38
169.21
222.58
213.14
221.9
Revenue per Share
3.39
2.54
-0.63
-2.51
0.31
0.47
2.01
6.64
11.13
8.31
9.1
11.82
11.7
13.01
11.51
5.15
10.88
Basic EPS, GAAP
0.91
-5.49
-0.33
-5.53
0.03
11.11
8.87
5.75
1.66
8.74
7.82
-0.44
-10.38
15.09
-0.35
22.11
- -
Free Cash Flow per Basic Share
0.58
0.57
0.46
0.06
- -
0.12
1.02
0.73
2.81
4.22
3.5
5.23
5.5
5.5
5.5
5.89
- -
Dividend per Share
1
9.1
8.22
5.69
5.86
20.1
20.98
26.81
34.74
38.31
43.9
48.59
52.66
60.12
65.84
1.02
- -
Book Value per Share
14.92
17.35
16.32
13.81
30.76
30.5
32.97
40.15
48
49.48
56.35
72.71
75.2
-2.04
23.73
33.73
- -
Tangible Book Value per Share
332
337
345
345
345
345
345
345
345
345
345
361
377
377
378
384
377
Basic Weighted Avg Shares
16,957
21,842
22,807
22,761
24,672
18,920
19,240
25,426
35,035
32,220
26,540
44,250
57,518
63,871
84,042
81,893
83,747
Sales/Revenue/Turnover
12.01
8.38
2.52
3.5
5.93
7.4
12.23
13.5
15.72
11.75
15.16
11.74
10.17
12.14
11.79
8.18
11.27
Operating Margin (%)
386
493
515
546
584
622
606
605
664
924
1,101
1,209
1,367
2,173
3,457
3,728
3,536
Depreciation Expense
1,127
856
-218
-866
107
163
693
2,288
3,837
2,866
3,136
4,260
4,418
4,909
4,346
1,979
4,106
Net Income, GAAP
30.05
16.07
- -
- -
14.12
66.43
58.29
24.38
28.2
19
19.91
19.8
23.98
27.39
24.68
24.06
23.01
Effective Tax Rate (%)
6.65
3.92
-0.96
-3.8
0.43
0.86
3.6
9
10.95
8.89
11.82
9.63
7.68
7.69
5.17
2.42
4.9
Profit Margin (%)
-1,203
-1,413
-2,569
-1,422
-2,158
-2,655
-1,831
-672
2,149
1,157
3,709
6,962
1,605
2,280
-1,722
-6,192
- -
Working Capital
2,142
1,702
1,964
4,001
3,263
2,044
1,902
1,643
2,736
3,193
4,034
3,032
4,740
39,087
38,030
33,234
- -
LT Debt
5,209
6,140
5,920
5,083
10,610
10,515
11,365
13,842
16,557
17,064
19,430
26,222
28,393
32,504
37,092
40,192
- -
Total Equity
17.65
14.93
- -
- -
6.71
2.23
4.97
12.97
17.33
12.54
12.63
13.74
12.23
9.3
8.53
5.57
- -
Return on Invested Capital (%)
34.46
21.13
- -
- -
6.91
2.56
5.55
16.42
22.52
15.83
15.7
18.73
17.3
12.05
10.2
7.92
24.12
Return on Capital (%)
366.68
50.3
-7.4
-36.11
5.35
3.65
9.79
27.79
36.18
22.76
22.14
26.1
23.63
23.07
18.28
15.67
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
17,684
- -
LT Borrowings
- -
36,468
- -
LT Finance Leases
- -
1,561
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
377
- -
Market Capitalization
169,640
159,711
158,138

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
37,245
- -
Cash, Cash Equivalents & STI
- -
3,857
- -
Accounts Receivable, Net
- -
17,937
- -
Inventories
- -
12,682
- -
Total Current Liabilities
- -
38,967
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
17,684
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.66%
16.04%
8.36%
Free Cash Flow
-425.35%
-908.72%
-6,472.99%
Net Income, GAAP
59.12%
-3.06%
-54.47%
Sales/Revenue/Turnover
18.27%
27.35%
-2.56%
Total Cash Common Dividend
- -
- -
9.09%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13,475
14,867
16,568
18,961
63,871
2025
21,436
21,632
20,100
20,875
84,042
2026
21,140
18,456
20,661
- -
81,893

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.89
3.25
3.92
- -
13.01
2025
3.13
3.27
2.47
2.65
11.51
2026
2.49
0.05
1.02
- -
5.15

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5.5
2025
- -
- -
- -
- -
5.5
2026
- -
- -
- -
- -
5.89
Similar Companies
Galaxy Surfactants Limited (GALAXYSURF.BO)
Eastern Polymer Group Public Company Limited (EPG.BK)
Synthomer plc (SYHMY)
Amal Ltd (AMAL.BO)
AECI Ltd (87FZ.L)
California Nanotechnologies Corp. (CANOF)
Business
PCBL Chemical Limited, India's largest and the world's seventh largest carbon black producer, manufactures and sells carbon black, specialty chemicals, and generates power from manufacturing by-products; it offers rubber black (678,000 MT annual capacity) for tires, mechanical rubber goods, belts, hoses, and tubes under brands including Orient Black and Royale Black; specialty black (112,000 KT capacity) for coatings, plastics, inks, and batteries including the first Indian acetylene black plant; over 275 chemicals such as organo-phosphonates (among top three global producers contributing over 50% revenue), green chelates, oil and gas chemicals including imidazolines, quats, triazine, maleic and acrylic acids for water treatment, detergents, textiles, desalination, wood preservation, paper pulp, pharmaceuticals, and agri-chemicals under CarboNext brand; and sustainable solutions alongside 122 MW green power generation. The company operates five carbon black plants in Durgapur, Kochi, Palej, Mundra, and Tiruvallur (Chennai), with chemicals production integrated, serving tire manufacturers, rubber, plastics, battery, and industrial sectors primarily in India and internationally including expanded European market share from 4% to over 21%. Founded in 1960 and headquartered in Kolkata, West Bengal, as part of the RP-Sanjiv Goenka Group, PCBL Chemical recently changed its name from PCBL Limited in October 2024; acquired Aquapharma Chemical to bolster phosphonates; expanded Mundra specialty chemicals capacity by 20,000 MTPA to 40,000 MTPA and total capacity to 790,000 MTPA; established Nanovace Technologies Ltd. joint venture for nanosilicon Li-ion battery anodes with imminent pilot plant; signed technology transfer for acetylene black; received promoter STEL Holdings acquisition of 1.043% stake for Rs 33.6 crore in November 2025 to support debt repayment and growth; and explores greenfield carbon black expansions amid global supply shifts.