Synopsis:
PCBL Chemical Limited reported a 0.01% increase in Q2 revenue to ₹2,163.57 crore QoQ, while its net profit declined 50% QoQ to ₹61.70 crore.
The shares of the Chemical stock company, specializing in manufacturing carbon black and specialty chemicals, and it is India’s largest manufacturer of carbon black, declined by upto 5 percent following their Q2 results with a 50 percent decline in Profit YoY.
With a market capitalization of 13,679.24 Crores on Friday, the shares of PCBL Chemical Ltd declined by upto 4.7 percent, reaching a low of Rs. 360.90 compared to its previous close of Rs. 378.95.
What Happened
PCBL Chemical Ltd, engaged in manufacturing carbon black and specialty chemicals, and it is India’s largest manufacturer of carbon black, has announced its Q2 results as follows:
Its Revenue from operations rose by 0.01 percent YoY from Rs. 2,163.20 Crores in Q2FY25 to Rs. 2,163.57 Crores in Q2FY26, and it rose by 2.3 percent QoQ from Rs. 2,114.05 Crores in Q1FY26 to Rs. 2,163.57 Crores in Q2FY26.
Its Net Profit YoY declined by 50 percent from Rs. 123.45 Crores in Q2FY25 to Rs. 61.70 Crores in Q2FY26, and it declined by 34 percent QoQ from Rs. 94.1 Crores in Q1FY26 to Rs. 61.70 Crores in Q2FY26. The earnings per share (EPS) for the quarterly period stood at Rs. 1.63, compared to Rs. 2.49 in the previous quarter.
The company demonstrates a decent financial performance with a Return on Capital Employed (ROCE) of 11.8% and a Return on Equity (ROE) of 12.5%. Additionally, it has maintained a healthy dividend payout ratio of 45.7%, indicating a good balance between profitability and rewarding shareholders.
Company Overview & Others
PCBL Chemical Limited, a part of the RP-Sanjiv Goenka Group, has been a leader in the carbon black industry for over six decades. With a production capacity of 790,000 MT per annum and generating 122 MW of green power, it stands as India’s largest carbon black manufacturer. The company plays a vital role in the tyre industry, enhancing performance, durability, and safety on a global scale, and is focused on sustainable growth with ongoing expansion plans.
In addition to carbon black, PCBL is diversifying its portfolio into performance materials and specialty chemicals, serving customers in over 50 countries. Recent acquisitions, such as Aquapharm Chemicals, and joint ventures with Kinaltek Pty and Nanovace Technologies, strengthen its position as a trusted leader in the specialty chemical space, paving the way for further growth and innovation.
Written by Sridhar J
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.