PCBL Chemical Ltd

PCBL Chemical has signed a technology transfer agreement with Chinese company Ningxia Jinhua Chemical Co. to produce Acetylene black in India. Acetylene black is a high-end conductive grade chemical with applications in high voltage power cables, Li Ion batteries, EV charging, Semiconductor packaging and conductive plastics, paints & coatings applications. PCBL plans to set up its 1st Acetylene Black plant in India to meet the fast-growing demand of Indian Battery industry and export to the global battery, semiconductor and conductive markets, thereby aligning with market needs to build more resilient supply chains for critical conductive materials. Over the last few years, PCBL has significantly expanded its specialty portfolio. It has launched over 50 grades under Bleumina brand for engineered plastics, Nutone for inks, paints and coating applications and Energia for conductive applications like conductive polymers, electrostatic discharge, wires and cables and battery. The addition of Acetylene black would significantly bolster its capabilities to offer numerous grades in the fast-growing conductive segment. PCBL has recently set up a Joint Venture company, Nanovace Technologies Ltd to develop nanosilicon products to be used in anodes of Li-Ion batteries. The pilot plant at PCBL Palej site will be ready in the next few months. Acetylene black technology addition is in sync with PCBL's strategy to align growth vectors with global macro trends like Energy Transition, Grid Renewal, Auto Electrification and Semiconductor industry growth. The market size of Acetylene Blacks, which is currently around 60,000 MT, is estimated to increase by around 19-20% CAGR and reach around 150,000 MT by 2030. Acquisition of this technology will enable PCBL's participation in these fast growth market segments, accelerating moving up the value ladder, enriching product mix and thereby leading to significant improvement in margin profile. PCBL aims to be a major player in conductive material segments. With this technology acquisition, PCBL now has multiple conductive technology platforms - Furnace Black, Nanovace and Acetylene Black, making it part of select club of multi-platform Carbon Black manufacturers. This acquisition will further accelerate PCBL's transition to innovation led and tech driven organization. Powered by Capital Market - Live

Usha Martin Ltd, Piramal Pharma Ltd, Just Dial Ltd, Interglobe Aviation Ltd are among the other stocks to see a surge in volumes on BSE today, 13 January 2025.PCBL Ltd notched up volume of 4.14 lakh shares by 10:46 IST on BSE, a 3.34 fold spurt over two-week average daily volume of 1.24 lakh shares. The stock slipped 5.99% to Rs.367.75. Volumes stood at 2.84 lakh shares in the last session.Usha Martin Ltd registered volume of 74400 shares by 10:46 IST on BSE, a 2.72 fold spurt over two-week average daily volume of 27334 shares. The stock slipped 1.77% to Rs.339.00. Volumes stood at 39671 shares in the last session.Piramal Pharma Ltd clocked volume of 6.91 lakh shares by 10:46 IST on BSE, a 2.66 times surge over two-week average daily volume of 2.60 lakh shares. The stock gained 8.50% to Rs.240.50. Volumes stood at 5.01 lakh shares in the last session.Just Dial Ltd witnessed volume of 54503 shares by 10:46 IST on BSE, a 2.29 times surge over two-week average daily volume of 23767 shares. The stock dropped 7.21% to Rs.960.00. Volumes stood at 26332 shares in the last session.Interglobe Aviation Ltd witnessed volume of 30568 shares by 10:46 IST on BSE, a 2.29 times surge over two-week average daily volume of 13339 shares. The stock dropped 3.57% to Rs.4,073.55. Volumes stood at 11311 shares in the last session.Powered by Capital Market - Live

Cost of Materials added up to Rs 1,385 crore (up 19% YoY), employee benefit expenses amounted to Rs 105 crore (up 72% YoY) and other operating expense aggregated to Rs 203 crore (up 34% YoY) during the period under review. While the company's EBITDA improved by 14% YoY to Rs 328 crore, EBITDA margin in Q3 FY25 was Rs 16% as against 17% in Q3 FY24. Finance costs and depreciation charges for the December'24 quarter were Rs 117 crore (up 3.5xYoY) and Rs 87 crore (up 64% YoY), respectively. Profit before tax in Q3 FY25 stood at Rs 124 crore, up by 38% from Rs 201 crore in Q3 FY24. PCBL (formerly Phillips Carbon Black), a part of RP-Sanjiv Goenka Group, is India's largest carbon black producer and exporter. The scrip slipped 1.68% to end at Rs 391.20 on the BSE. Powered by Capital Market - Live

PCBL announced that the Board of Directors of the Company at its meeting held on 10 January 2025, inter alia, have recommended the interim dividend of Rs 5.5 per equity Share (i.e. 550%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of PCBL declined 37.07% to Rs 93.05 crore in the quarter ended December 2024 as against Rs 147.87 crore during the previous quarter ended December 2023. Sales rose 21.32% to Rs 2010.00 crore in the quarter ended December 2024 as against Rs 1656.76 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales2010.001656.76 21 OPM %15.7916.84 - PBDT210.71253.74 -17 PBT124.05201.09 -38 NP93.05147.87 -37 Powered by Capital Market - Live

PCBL will hold a meeting of the Board of Directors of the Company on 10 January 2025.Powered by Capital Market - Live

This expansion adds 20,000 MTPA to the company's existing capacity, bringing the total specialty chemical capacity at Mundra to 40,000 MTPA. With this milestone achievement, our company's combined manufacturing capacity now stands at 7,90,000 MTPA, the company informed. PCBL (formerly Phillips Carbon Black), a part of RP-Sanjiv Goenka Group, is India's largest carbon black producer and exporter. The company's consolidated net profit rose 0.50% to Rs 122.83 crore on 45.50% increased in revenue from operations to Rs 2,163.20 in Q2 FY25 over Q2 FY24. Shares of PCBL shed 0.31% to Rs 430 on the BSE.Powered by Capital Market - Live

Net profit of PCBL rose 0.60% to Rs 123.37 crore in the quarter ended September 2024 as against Rs 122.64 crore during the previous quarter ended September 2023. Sales rose 45.50% to Rs 2163.20 crore in the quarter ended September 2024 as against Rs 1486.71 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales2163.201486.71 46 OPM %16.8016.02 - PBDT250.24219.83 14 PBT163.83171.59 -5 NP123.37122.64 1 Powered by Capital Market - Live

PCBL will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live

PCBL announced that the 63th Annual General Meeting (AGM) of the company will be held on 28 August 2024.Powered by Capital Market - Live