PCBL Chemical Limited (IN:PCBL)
:PCBL
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PCBL Chemical Limited
(PCBL)
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Rating:62Neutral
Price Target:
₹257.00
▼(-9.95% Downside)
Action:ReiteratedDate:03/26/26
The score is driven primarily by solid financial performance (strong revenue growth and operating margins), but is meaningfully reduced by very weak valuation (extremely high P/E) and a soft technical setup (below key moving averages with negative MACD).
Positive Factors
Robust revenue growth
A 30.89% year-over-year revenue increase indicates expanding demand and stronger market penetration in both tyre-grade and specialty carbon black. Sustained top-line growth supports scalability, capacity utilization and long-term customer contracts, underpinning durable earnings potential.
Negative Factors
High leverage (debt-to-equity 1.51)
A debt-to-equity ratio of 1.51 indicates material financial leverage that increases interest burden and reduces flexibility. In a capital-intensive chemical business, sustained high leverage raises refinancing and covenant risk, constraining investment and response to demand shocks.
Read all positive and negative factors
Positive Factors
Negative Factors
Robust revenue growth
A 30.89% year-over-year revenue increase indicates expanding demand and stronger market penetration in both tyre-grade and specialty carbon black. Sustained top-line growth supports scalability, capacity utilization and long-term customer contracts, underpinning durable earnings potential.
Read all positive factors
PCBL Chemical Limited (PCBL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹106.65B
Dividend Yield1.94%
Average Volume (3M)59.75K
Price to Earnings (P/E)1460.9
Beta (1Y)1.59
Revenue Growth6.12%
EPS Growth-30.31%
CountryIN
Employees1,275
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)0.30
Shares Outstanding393,462,620
10 Day Avg. Volume57,340
30 Day Avg. Volume59,751
Financial Highlights & Ratios
PEG Ratio-3.20
Price to Book (P/B)4.34
Price to Sales (P/S)1.91
P/FCF Ratio-1.20K
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹296.00Price Target Upside3.71% Upside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)12.79
Revenue Forecast (FY)₹93.68B
PCBL Chemical Limited Business Overview & Revenue Model
Company Description
PCBL Limited produces, sells, and exports carbon black in India and internationally. The company operates through Carbon Black and Power segments. It offers various carbon black grades for the rubber industry under the Orient Black brand name. The...
How the Company Makes Money
PCBL primarily makes money by manufacturing and selling carbon black (including rubber-grade and specialty carbon black) to industrial customers. Its core revenue stream is product sales: (1) rubber/tyre-grade carbon black supplied to tyre manufac...
PCBL Chemical Limited Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 83.75B | 84.04B | 64.20B | 57.74B | 44.46B | 26.60B |
| Gross Profit | 22.55B | 25.38B | 19.11B | 13.88B | 12.80B | 10.28B |
| EBITDA | 11.01B | 12.46B | 9.56B | 6.94B | 6.10B | 4.91B |
| Net Income | 3.49B | 4.35B | 4.91B | 4.42B | 4.26B | 3.14B |
Balance Sheet | ||||||
| Total Assets | 116.86B | 117.22B | 112.95B | 54.33B | 47.85B | 37.26B |
| Cash, Cash Equivalents and Short-Term Investments | 2.99B | 3.83B | 4.16B | 913.20M | 4.84B | 2.59B |
| Total Debt | 52.52B | 55.71B | 49.83B | 10.29B | 7.86B | 7.24B |
| Total Liabilities | 78.02B | 80.13B | 80.45B | 25.94B | 21.62B | 17.83B |
| Stockholders Equity | 38.71B | 36.97B | 32.47B | 28.30B | 26.14B | 19.35B |
Cash Flow | ||||||
| Free Cash Flow | 4.09B | -133.30M | 5.70B | -3.92B | -157.80M | 2.70B |
| Operating Cash Flow | 8.22B | 7.60B | 11.05B | 5.04B | 2.90B | 3.85B |
| Investing Cash Flow | -4.06B | -6.90B | -42.14B | -5.52B | -5.41B | -2.03B |
| Financing Cash Flow | -5.18B | -639.30M | 33.81B | -305.70M | 2.17B | -1.80B |
PCBL Chemical Limited Technical Analysis
Neutral
285.40
Price Trends
277.73
Negative
293.07
Negative
337.81
Negative
Market Momentum
-4.59
Negative
52.58
Neutral
77.75
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PCBL, the sentiment is Neutral. The current price of 285.4 is above the 20-day moving average (MA) of 256.74, above the 50-day MA of 277.73, and below the 200-day MA of 337.81, indicating a neutral trend. The MACD of -4.59 indicates Negative momentum. The RSI at 52.58 is Neutral, neither overbought nor oversold. The STOCH value of 77.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:PCBL.
PCBL Chemical Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | ₹123.85B | 23.48 | ― | 0.62% | 64.80% | 151.92% | |
63 Neutral | ₹152.91B | 25.48 | ― | 0.26% | 8.26% | -34.62% | |
63 Neutral | ₹49.92B | 700.00 | ― | 0.92% | 0.91% | 18.12% | |
62 Neutral | ₹106.65B | 1,460.95 | ― | 1.94% | 6.12% | -30.31% | |
62 Neutral | ₹69.88B | 48.28 | ― | 0.62% | 3.95% | 8.28% | |
62 Neutral | ₹64.53B | 11.49 | ― | 2.80% | 15.25% | 26.49% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
* Basic Materials Sector Average
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PCBL Chemical Limited Corporate Events
PCBL Chemical Flags GST Penalty Order, Sees No Material Business Impact
Mar 26, 2026
PCBL Chemical Limited has disclosed that the Office of the Assistant Commissioner, State Tax, Bhagwanpur, Haridwar, has issued an order related to the detention of a vehicle in transit, raising a penalty demand of ₹2,55,420 and a fine of ...
PCBL Chemical to Close Trading Window Ahead of FY26 Results
Mar 23, 2026
PCBL Chemical Limited has announced the closure of its trading window for designated persons and their immediate relatives starting 1 April 2026. The restriction will remain in force until 48 hours after the declaration of the audited financial re...
PCBL Chemical Seeks Debenture Holder Nod to Defer Covenant Testing
Mar 9, 2026
PCBL Chemical Limited’s Fund Raising Committee has approved amendments to its existing debenture trust deed dated January 20, 2024, specifically to defer testing of a key financial covenant linked to the ratio of consolidated gross debt to E...
PCBL Chemical Starts Commercial Production on New Carbon Black Line in Tamil Nadu
Jan 28, 2026
PCBL Chemical Limited has announced that its wholly owned subsidiary, PCBL (TN) Limited, has commenced commercial production on Line-4 at its plant from 28 January 2026, adding 60,000 metric tonnes per annum of carbon black capacity as part of a b...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.