| Revenue growth | Revenue +14% YoY to ₹2,474 Cr; EBITDA +12% to ₹310 Cr. |
|---|---|
| Margins | Carbon black spread ₹17,500/t ex-tariff refund; ahead of guidance. |
| Demand visibility | Customers destocking; cautious buying; gradual H2 improvement expected. |
| Management confidence | Defensive on volumes; blames geopolitics; reiterates EBITDA guidance. |
Growth
Consolidated revenue +14% YoY, EBITDA +12%, PAT +20%; the tariff refund flatters profit quality.
Outlook
EBITDA-per-ton double-digit growth over FY26 reiterated; the ~7% FY27 volume target is now 'challenging'.
Risks
Volumes weak from spot pullback; tariff refund likely non-recurring; crude volatility and elevated freight costs.
Last quarter's promises, checked
Delivered
- CB EBITDA/t guided ₹16,500-17,000 FY27 → Q1 ₹22,900/t (= BEAT, inventory-aided)
Partly delivered
- ₹200-250 Cr savings over 4-6 qtrs → opex down ₹53 Cr QoQ, Alchemy savings modest (= PARTIAL)
- ~₹300 Cr ±50 Cr FY27 capex → coal-tar capex near finalisation, may be deferred (= PARTIAL)
- ₹40-45 Cr tariff refund guided in 2-4 wks → summary cites ₹333 Cr (= PARTIAL, unreconciled)
Missed
- ~7% FY27 volume guided → now 'challenging', Q1 volumes down (= MISS)
- ₹75 Cr Aquapharm exit EBITDA (analyst-cited) → Q1 ₹47 Cr, not reaffirmed (= MISS)
Earnings Call Transcript filed with NSE, NSE: PCBL. Summary written with AI assistance from the document.
PCBL Chemical Ltd: key numbers
- Share price
- ₹282.60
- Market cap
- ₹11,119 Cr
- Revenue (annual)
- ₹8,189 Cr
- Net profit (annual)
- ₹197.9 Cr
- P/E (TTM)
- 41.0×Sector 17.7×
- Promoter holding
- 53.38%+0.00% QoQ
- FII holding
- 6.34%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from PCBL Chemical Ltd
All →PCBL Chemical Investor Presentation: Key Takeaways
Q2FY27 consolidated revenue Rs 2,474 Cr (+14% YoY), EBITDA Rs 310 Cr (+12%), PAT Rs 74 Cr (+20%). Strategy: Carbon Black scale-up, Aquapharm specialty growth, advanced battery materials.
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PCBL Chemical seeks shareholder approval via postal ballot to re-appoint independent director T. C. Suseel Kumar for five years. E-voting runs till 2 December 2026.
PCBL Chemical Q2 FY27 Results: Net Profit ₹74.1 Cr, Up 20.1% YoY
PCBL Chemical Ltd reported revenue from operations of ₹2,474 Cr (+14.4% YoY) and net profit of ₹74.1 Cr (+20.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹74.1 Cr · +20.1% YoY
PCBL Chemical Board Meeting Date
PCBL Chemical Ltd intimated that its Board meeting is scheduled for 2 November 2026 to consider unaudited Q1/H1 FY27 results. No decisions have been taken yet.
PCBL Chemical Other Announcement
PCBL Chemical Ltd has submitted its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with SEBI regulatory requirements.
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