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PCBL Limited (PCBL.NS)

INR317.00 -1.90 (-0.60%)
IN NSE Basic Materials Chemicals - Specialty
Address RPSG House 700027
Kolkata, IN
CEO Nilesh Koul
IPO 2002-07-01
ISIN INE602A01031

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Also trades on Bombay Stock Exchange · PCBL.BO (INR) National Stock Exchange of India · PCBL.NS (INR) National Stock Exchange of India · PHILIPCARB.NS (INR)
Description

PCBL Limited, an Indian-based enterprise, is a leading producer, supplier, and exporter of carbon black, serving both domestic and international markets. The company operates through its Carbon Black and Power divisions. For the rubber sector, it provides various grades of carbon black under the "Orient Black" brand. Furthermore, PCBL manufactures "Royale Black," a range of specialty blacks tailored for diverse non-rubber applications such as food-contact plastics, synthetic fibers, wire and cable insulation, films, engineering plastics, adhesives, sealants, pressure pipes, drip irrigation systems, printing inks, paints, coatings, batteries, and fertilizers. Complementing its core business, the company also generates and distributes electricity with an 84 MW capacity, derived from the tail gas produced during carbon black manufacturing. Sales of its carbon black products are facilitated through local distributors and channel partners. Founded in 1960 and headquartered in Kolkata, India, the company was previously known as Phillips Carbon Black Limited until it adopted the name PCBL Limited in December 2021. PCBL Limited is a subsidiary of Rainbow Investments Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR317.00 -1.90 (-0.60%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.49
Float Shares
175.35M
Free Float %
44.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-5.00% -8.97% +2.30% -11.24% -19.81% -7.31% -24.80% +119.43% +179.51% +2,186.82% +3,287.27%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
317.00
DCF (Unlevered) 3.63 -98.9%
DCF (Levered) 136.89 -56.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 30% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 3 0
Hold 5 0
Sell 1 0
Strong Sell 1 0
Quality scores
Altman Z-Score
1.85
Grey zone
Piotroski F-Score
5 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Chemicals - Specialty: +4.7%
    -2.6% Q1'26: -1.0% (vs Q1'25)
  • EPS growth Chemicals - Specialty: +13.2%
    -55.3% Q1'26: -61.4% (vs Q1'25)
  • FCF margin FCF growth · Chemicals - Specialty: +44.1%
    +8.7% Q1'26: +19.8% (vs Q1'25)
  • EBIT margin Chemicals - Specialty: +8.8%
    +8.2% Q1'26: +7.2% (vs Q1'25)
  • ROIC Chemicals - Specialty: +5.6%
    +5.8% Q1'26: +5.3% (vs Q1'25)
  • Share dilution Chemicals - Specialty: +0.1%
    +1.9% Q1'26: +4.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Chemicals - Specialty: 0.18×
    4.78× Q1'26: 5.13× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.52) × ERP
WACC = 68% × Ke + 32% × Kd (8.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 3.83 Current price: 317.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
10 Rev. Ana.
7 EPS Ana.
Mar 2027
10 Rev. Ana.
8 EPS Ana.
Mar 2028
11 Rev. Ana.
10 EPS Ana.
Mar 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
24.70B
est: 24.70B (0.0%)
18.94B
est: 20.01B (-5.4%)
19.27B
est: 19.13B (+0.7%)
25.58B
est: 25.48B (+0.4%)
35.29B
est: 35.12B (+0.5%)
32.44B
est: 32.91B (-1.4%)
26.60B
est: 25.07B (+6.1%)
44.46B
est: 42.13B (+5.5%)
57.74B
est: 57.68B (+0.1%)
64.20B
est: 72.16B (-11.0%)
84.04B
est: 84.30B (-0.3%)
81.73B
79.28B – 84.02B
-3.1% YoY
94.33B
87.70B – 101.67B
+15.4% YoY
105.92B
94.41B – 126.22B
+12.3% YoY
113.48B
103.18B – 129.18B
+7.1% YoY
EBITDA
1.60B
est: 3.65B (-56.1%)
1.43B
est: 2.96B (-51.6%)
2.48B
est: 2.83B (-12.3%)
4.13B
est: 3.77B (+9.6%)
6.14B
est: 5.19B (+18.3%)
4.47B
est: 4.87B (-8.1%)
4.91B
est: 3.71B (+32.4%)
6.10B
est: 6.23B (-2.0%)
6.94B
est: 8.53B (-18.6%)
9.56B
est: 9.49B (+0.8%)
12.46B
est: 11.09B (+12.4%)
10.75B
10.43B – 11.05B
-3.1% YoY
12.41B
11.53B – 13.37B
+15.4% YoY
13.93B
12.42B – 16.60B
+12.3% YoY
14.92B
13.57B – 16.99B
+7.1% YoY
EBIT
1.02B
est: 2.95B (-65.3%)
816.29M
est: 2.39B (-65.9%)
1.88B
est: 2.29B (-18.0%)
3.52B
est: 3.05B (+15.6%)
5.48B
est: 4.20B (+30.5%)
3.72B
est: 3.94B (-5.6%)
4.02B
est: 3.00B (+34.1%)
5.10B
est: 5.04B (+1.3%)
5.78B
est: 6.90B (-16.2%)
7.72B
est: 7.63B (+1.2%)
9.38B
est: 8.91B (+5.2%)
8.64B
8.38B – 8.88B
-3.1% YoY
9.97B
9.27B – 10.75B
+15.4% YoY
11.20B
9.98B – 13.34B
+12.3% YoY
11.99B
10.91B – 13.65B
+7.1% YoY
Net Income
106.57M
est: 140.03M (-23.9%)
163.26M
est: 382.25M (-57.3%)
692.85M
est: 951.70M (-27.2%)
2.29B
est: 2.45B (-6.6%)
3.84B
est: 4.56B (-15.8%)
2.87B
est: 3.20B (-10.4%)
3.14B
est: 2.84B (+10.5%)
4.26B
est: 4.51B (-5.6%)
4.42B
est: 4.29B (+2.9%)
4.91B
est: 5.00B (-1.8%)
4.35B
est: 4.87B (-10.7%)
2.87B
2.02B – 3.73B
-41.0% YoY
3.97B
3.33B – 4.94B
+38.0% YoY
6.39B
4.95B – 10.33B
+61.1% YoY
8.62B
7.48B – 10.01B
+34.9% YoY
SGA
756.78M
est: 1.08B (-29.9%)
787.12M
est: 874.21M (-10.0%)
1.05B
est: 835.88M (+25.5%)
1.18B
est: 1.11B (+6.3%)
1.32B
est: 1.53B (-13.9%)
1.39B
est: 1.44B (-3.1%)
1.38B
est: 1.10B (+26.2%)
1.76B
est: 1.84B (-4.2%)
2.01B
est: 2.52B (-20.3%)
2.61B
est: 4.10B (-36.3%)
4.31B
est: 4.79B (-10.0%)
4.64B
4.51B – 4.77B
-3.1% YoY
5.36B
4.98B – 5.78B
+15.4% YoY
6.02B
5.37B – 7.17B
+12.3% YoY
6.45B
5.86B – 7.34B
+7.1% YoY
EPS
0.31
est: 0.37 (-16.2%)
0.47
est: 1.01 (-53.5%)
2.01
est: 2.51 (-20.1%)
6.64
est: 6.47 (+2.6%)
11.13
est: 12.04 (-7.6%)
8.31
est: 8.45 (-1.7%)
9.10
est: 7.50 (+21.3%)
11.81
est: 11.93 (-1.0%)
11.70
est: 11.34 (+3.1%)
13.01
est: 13.25 (-1.8%)
11.51
est: 12.24 (-5.9%)
6.76
5.23 – 9.67
-44.8% YoY
10.59
8.63 – 12.80
+56.7% YoY
15.75
12.84 – 26.77
+48.8% YoY
22.00
19.41 – 25.96
+39.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 B- 3/5 4/5 3/5 4/5 1/5 1/5 2/5
2026-05-11 B- 3/5 4/5 3/5 4/5 1/5 1/5 2/5
2026-05-08 B- 3/5 4/5 3/5 4/5 1/5 1/5 2/5
2026-05-07 B- 3/5 4/5 3/5 4/5 1/5 1/5 2/5
2026-05-06 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-05-05 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-05-04 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-04-30 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
6.55B
OE per share TTM
17.30
Owner's Yield
5.82%
Maintenance CapEx ratio
18.27%
Maint CapEx / Avg PPE
58.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 2 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.05% 329.8K 0.65%
2 State Street SPDR Portfolio Emerging Markets ETF SPEM 0.01% 1.37M 0.07%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
5.26M
Shares Outstanding
393.46M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Raj Kumar Gupta Chief Financial Officer 12M male
Kaushik Mukherjee Chief Legal Officer, Compliance Officer, Company Secretary & Chief Investor Relations Officer 10M male
Mainackya Ghosh Chief of International Markets (Rubber Blacks) male
Nilesh Koul Managing Director male
Ravi Sinha Chief of Human Resources male
Soumyendra Mohan Lahiri Head of Manufacturing Excellence & EHS and Unit Head of Durgapur male
Sudipto Kumar Ghosh Head of Projects male
Gautam Kalia Chief of International Markets (Rubber Blacks) male
Vijay Joshi Chief of Operations male
Jiten Keluskar Chief Procurement Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits