| Revenue growth | +14% YoY Q2; +16% YoY H1 |
|---|---|
| Margins | EBITDA margin 12.5% Q2 vs 16% Q1, 12.8% Q2FY26 |
| Demand visibility | Global Carbon Black demand ~3% CAGR; EV premiumisation tailwind |
Growth
Revenue +14% YoY to Rs 2,474 Cr in Q2; H1 revenue +16% to Rs 4,948 Cr. H1 PAT +47% to Rs 229 Cr.
Outlook
Targets 1 MN MTPA Carbon Black capacity by FY28. 12 MW co-generation in Tamil Nadu, CoD FY27. Andhra Pradesh plant upcoming.
Risks
Geopolitical tensions, trade route disruptions and significantly higher freight costs. Carbon Black volume pressure in Q2.
Last quarter's promises, checked
Partly delivered
- FY27 carbon black EBITDA/t +14-15% (~INR16,500-17,000) → Q1 INR22,900/t, FY pending (= PARTIAL)
- FY27 capex ~INR300cr ±50 → Q2 net capex INR202cr, FY pending (= PARTIAL)
- Q2 volume dip, Q3/Q4 pickup → Q2 carbon black volume down, recovery unverified (= PARTIAL)
Missed
- Cost savings INR200-250cr over 4-6 qtrs, visible in results → none disclosed; margin 16%→12.5% (= MISS)
- Nanovace first batch to customers 'next few weeks' → no update in current data (= MISS)
- Coal tar distillation capex approval 'within a month' → no update in current data (= MISS)
Investor Presentation filed with NSE, NSE: PCBL. Summary written with AI assistance from the document.
PCBL Chemical Ltd: key numbers
- Share price
- ₹276.95
- Market cap
- ₹10,897 Cr
- Revenue (annual)
- ₹8,189 Cr
- Net profit (annual)
- ₹197.9 Cr
- P/E (TTM)
- 42.1×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 Annual General Meeting
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.
PCBL Chemical Merger & Restructuring
PCBL Chemical Limited's subsidiary, Nanovace Technologies Limited, has incorporated a new wholly-owned subsidiary, Nanovace Advanced Materials Limited, focused on battery materials and energy storage technologies.
PCBL Chemical Management Change
Mr. Gautam Kalia, Chief – International Markets (Rubber) and Senior Management Personnel, has resigned from PCBL Chemical Limited, effective from October 9, 2026.