PCBL Chemical Ltd — earnings calls

PCBL Chemical reported consolidated revenue growth of 17% year-on-year to Rs 2,474 crores, EBITDA growth of 23% to Rs 400 crores, and profit after tax growth of 65% to Rs 155 crores in Q1 FY27. Management attributed part of the performance to spot market gains from crude price volatility and inventory benefits, while carbon black export volumes were reallocated toward the domestic market due to elevated freight costs. The company also discussed structural tailwinds from trade agreements, tightening Russian supply, and progress on its specialty carbon black, battery materials, and Aquapharm businesses.

PCBL Chemical reported Q4 FY26 consolidated revenue of Rs 2,066 crore and EBITDA of Rs 248 crore, with carbon black sales volume up 8% YoY to 1,61,865 MT, while the West Asia conflict drove sharp increases in feedstock, freight and packing costs. Full year FY26 consolidated revenue was Rs 8,189 crore versus Rs 8,404 crore in FY25, and EBITDA fell to Rs 1,081 crore from Rs 1,384 crore, while net borrowings reduced by Rs 454 crore to Rs 4,536 crore. Management described disruptions to shipping routes via the Cape of Good Hope, a lag in cost pass-through to Q2 FY27, and progress on a 90,000 ton brownfield capacity expansion and a battery chemicals pilot plant at Palej.