PCBL Limited

PCBL Limited

PCBL.NS
PCBL LimitedIN flagNational Stock Exchange of India
313.35
INR
-9.00
- -
123.29BMarket Cap
PCBL Limited
PCBL.NS
(National Stock Exchange of India)

Recent

price

313.35

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
169,659
159,711
158,100

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
Business
PCBL Limited, established in 1960 and headquartered in India, is a leading manufacturer specializing in carbon black and specialty chemicals. Its core products include high-performance carbon black used primarily in tires, rubber goods, coatings, and plastics; specialty chemicals comprising water treatment chemicals, phosphonates, biocides, and oilfield chemicals; and green power generation. The company operates multiple manufacturing facilities across India, including locations in Durgapur (West Bengal), Palej and Mundra (Gujarat), Kochi (Kerala), and Chennai (Tamil Nadu), alongside R&D centers in India and Belgium. PCBL caters mainly to the tire, rubber, coatings, plastics, water treatment, pharmaceutical, and agrochemical industries, supplying both domestic and international markets. In the last two years, PCBL Limited has undergone significant strategic expansion, notably acquiring Aquapharm Chemicals Pvt Ltd, a specialty chemicals firm based in Pune, in January 2024 for approximately Rs 3,800 crore. This acquisition substantially diversifies PCBL’s portfolio from traditional carbon black toward specialty chemicals with a focus on phosphorous- and amino-acid-based products, enhancing its footprint in phosphonates and water treatment chemicals with manufacturing presence in India, the United States, and Saudi Arabia through subsidiaries. The integration of Aquapharm Chemicals, now fully amalgamated, positions PCBL for synergy benefits and expanded specialty chemical production capacity. Additionally, PCBL has embarked on capacity expansions including a planned increase of 90,000 metric tons at its Tamil Nadu plant and investments in a phase 1 greenfield project in Andhra Pradesh alongside other ongoing plant enhancements. The company sustains a strong commitment to sustainability, as reflected in repeated high ratings such as the EcoVadis Gold Medal for environmental and social sustainability for the fiscal year 2023-24. PCBL also actively pursues innovation through its R&D centers focusing on developing specialized grades of rubber black and advanced chemicals, supporting its leadership in quality and environmental responsibility in the chemical manufacturing sector. Overall, PCBL Limited serves as a diversified industrial and specialty chemical player with a strong Indian manufacturing base and expanding global specialty chemical operations, driven by strategic acquisitions, capacity augmentations, and sustainability initiatives within its traditional carbon black and newly integrated chemical segments.