PCBL Chemical Limited
₹276.70-₹9.70 (-3.4%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹11,042 Cr
- P/E
- 30.8x
- EV / EBITDA
- 13.6x
- Revenue
- ₹5,905 Cr
- Net margin
- 9.4%
- ROCE
- 15.6%
Price chart
Technical chartScreen technicals →-25.1% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -16.4%
- 3M
- -15.7%
- 6M
- -4.5%
- 1Y
- -25.1%
- 5Y
- +145.5%
52-week range
Day change -₹9.70 (-3.4%) from ₹286 to ₹277 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in PCBL, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Healthy return on equity of 16.3%
Concerns1
- Net profit declined 15.4% year-over-year
Rule-based from financial data. Not advice.
About the company
PCBL Chemical Limited, together with subsidiaries, produces, sells, and exports carbon black in India and internationally. The company operates through Carbon Black, Power, Chemicals, and Battery Chemical segments. It offers carbon black for tires, performance chemicals, specialty chemicals, and other materials under the CarboNext, ECOZEN 6000, Royale Black, Bluemina, NuTone, and Energia brands.
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PCBL Chemical Limited, together with subsidiaries, produces, sells, and exports carbon black in India and internationally. The company operates through Carbon Black, Power, Chemicals, and Battery Chemical segments. It offers carbon black for tires, performance chemicals, specialty chemicals, and other materials under the CarboNext, ECOZEN 6000, Royale Black, Bluemina, NuTone, and Energia brands. The company also provides phosphonates under the AQUACID brand and polymers and green chelates for household, industrial, and institutional cleaning, as well as for industrial water treatment. In addition, it engages in the manufacture, market, and sale of water treatment chemicals and oil and gas chemicals, including phosphonates, low molecular weight polymers, tetrasodium glutamate diacetate, methylglycinediacetic acid, imidazoline, triazine, quaternary ammonium chlorides, biocides, and other downstream chemicals. Further, the company generates and distributes electricity from the tail gas recovered from carbon black production. Additionally, it develops nano-silicon additives used in the anode of lithium-ion batteries. The company was formerly known as PCBL Limited and changed its name to PCBL Chemical Limited in October 2024. PCBL Chemical Limited was incorporated in 1960 and is based in Kolkata, India.
- Sector
- Materials
- Shares outstanding
- 39.3 Cr shares
- ISIN
- INE602A01031
- BSE code
- 506590
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹11,042 Cr
- P/E
- 30.8x
- P/B
- 2.7x
- EV / EBITDA
- 13.6x
- EV / Sales
- 2.4x
- P/S
- 1.9x
- Earnings yield
- 3.2%
- 52-week high
- ₹372.05
- 52-week low
- ₹232.30
Profitability
- Operating margin
- 17.0%
- Net margin
- 9.4%
- EBITDA margin
- 17.6%
- ROE
- 16.3%
- ROCE
- 15.6%
- ROA
- 6.5%
- Dividend payout
- 39.0%
- Tax rate
- 26.0%
- Other income, % of PBT
- 4.3%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹5,905 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 4.1%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 11.8%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹998 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 28.9%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -15.4%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 13.5%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹972 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 34.6%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹46.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 63.2%
Solvency and efficiency
- Current ratio
- 3.01
- Debt / Equity
- 0.90
- Debt / Assets
- 0.36
- Debt / EBITDA
- 2.94
- Interest coverage
- 7.67
- Financial leverage
- 2.50
- CFO / Net profit
- 1.82
- Cash / Market cap
- 20.3%
- Cash per share
- ₹56.98
- Asset turnover
- 0.69
- Fixed asset turnover
- 2.69
- Capital intensity
- 0.37
- Debtor days
- 83 days
- Inventory turnover
- 7.02
- Cash conversion cycle
- 2 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹8 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹4,905 Cr |
| Sales | Operating profit | ₹1,000 Cr |
| Operating profit | Interest | ₹278 Cr |
| Operating profit | Depreciation | ₹157 Cr |
| Operating profit | Profit before tax | ₹565 Cr |
| Other income | Profit before tax | ₹40 Cr |
| Profit before tax | Tax and other | ₹153 Cr |
| Profit before tax | Net profit | ₹451 Cr |
Revenue and net profit
Revenue grew 4.1% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹2,660 Cr | ₹312 Cr |
| FY2022 | ₹4,446 Cr | ₹427 Cr |
| FY2023 | ₹5,874 Cr | ₹444 Cr |
| FY2024 | ₹5,674 Cr | ₹533 Cr |
| FY2025 | ₹5,905 Cr | ₹451 Cr |
Cash flows
FY2025: ₹565 Cr from operations, ₹72.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹383 Cr | ₹186 Cr |
| FY2022 | ₹321 Cr | -₹227 Cr |
| FY2023 | ₹722 Cr | ₹214 Cr |
| FY2024 | ₹972 Cr | -₹1,693 Cr |
| FY2025 | ₹565 Cr | ₹72 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹5,905 Cr+4.1%1Y
- Net profit
- ₹451 Cr-15.4%1Y
- Cash from operations
- ₹565 Cr
- Free cash flow
- ₹72 Cr
- Revenue CAGR, 5Y
- 11.8%
- EBITDA CAGR, 5Y
- 15.3%
- Net profit CAGR, 5Y
- 13.5%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹5,905 Cr | ₹1,000 Cr | — | ₹451 Cr | ₹565 Cr | ₹72 Cr | 12.0% | +4.1% | -15.4% |
Monthly returns
Month-by-month returns of PCBL across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹8,912 Cr |
| Equity capital | ₹38 Cr |
| Reserves | ₹3,705 Cr |
| Borrowings | ₹3,363 Cr |
| Other liabilities | ₹1,806 Cr |
| Assets | ₹8,912 Cr |
| Fixed assets | ₹2,240 Cr |
| Capital work in progress | ₹208 Cr |
| Investments | ₹3,992 Cr |
| Other assets | ₹2,472 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
PCBL trades at 30.8x earnings against a peer median of 35.5x (a 13% discount).
Not shown (no positive earnings and no EV / Sales): NMDC Steel Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| PCBL Chemical LimitedPCBLthis companyP/E ↓ discount | ₹11,042 Cr | 30.8x | 2.7x | 16.3% | 13.6x |
| Fine Organic Industries LimitedFINEORG | ₹12,930 Cr | 35.8x | 5.5x | 19.8% | 22.8x |
| Nuvoco Vistas Corporation LimitedNUVOCO | ₹12,637 Cr | 64.8x | 1.4x | 1.7% | 12.5x |
| NMDC Steel LimitedNSLNISP | ₹12,244 Cr | — | 0.9x | -10.1% | -13.2x |
| GRAVITA INDIA LIMITEDGRAVITA | ₹11,994 Cr | 45.6x | 7.0x | 39.4% | 47.6x |
| Jubilant Ingrevia LimitedJUBLINGREA | ₹10,899 Cr | 39.8x | 4.3x | 7.2% | 26.2x |
| Supreme Petrochem Ltd.SPLPETRO | ₹10,605 Cr | 34.5x | 4.8x | — | — |
| PRIVI SPECIALITY CHEMICALS LIMITEDPRIVISCL | ₹10,554 Cr | 37.8x | 8.4x | 10.7% | 32.1x |
| JK Lakshmi Cement LimitedJKLAKSHMI | ₹9,438 Cr | 20.4x | 2.5x | 14.9% | 9.9x |
| Peer median | — | 35.5x | 3.7x | 12.9% | 19.2x |
Year-to-date ROI
PCBL since 1 January, against earlier years.
Historical volatility
PCBL's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 19.0% |
| FY2022 | 15.0% |
| FY2023 | 13.0% |
| FY2024 | 17.0% |
| FY2025 | 17.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹5,905 Cr |
| Costs | |
| Interest | ₹278 Cr |
| Expenses | ₹4,905 Cr |
| Operating profitOperating Profit | ₹1,000 Cr |
| Other income and charges | |
| Profit before tax | ₹604 Cr |
| Tax | |
| Net profitNet Profit | ₹451 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹8,912 Cr |
| Equity capitalEquity Capital | ₹38 Cr |
| Reserves | ₹3,705 Cr |
| Borrowings | ₹3,363 Cr |
| Other liabilitiesOther Liabilities | ₹1,806 Cr |
| AssetsTotal Assets | ₹8,912 Cr |
| Fixed assetsFixed Assets | ₹2,240 Cr |
| Capital work in progressCWIP | ₹208 Cr |
| Investments | ₹3,992 Cr |
| Other assetsOther Assets | ₹2,472 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹565 Cr |
| Investing cash flowCash from Investing Activity | -₹493 Cr |
| Financing cash flowCash from Financing Activity | -₹26 Cr |
| Change in cashNet Cash Flow | ₹46 Cr |
Learn while you research
Academy chapters picked for PCBL Chemical Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 30.8, learn when high multiples are justified.6 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read