PCBL Chemical Ltd. News and Updates

Name: Latest research reports of PCBL Chemical Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: PCBL Chemical Ltd.
Rating: 5
Author: ICICI Securities Limited

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PCBL Chemical Ltd.

07 Jan 2021

387.55

-0.14%

Buy Phillips Carbon Black; target of Rs 210 : ICICI Direct

Moneycontrol

ICICI Direct is bullish on Phillips Carbon Black recommended buy rating on the stock with a target price of Rs 210 in its research report dated January 06, 2020.

PCBL Chemical Ltd. is trading above its 50 day SMA of 385.4

PCBL Chemical Ltd.

06 Jan 2021

387.55

-0.14%

Phillips Carbon Black

Buy: PCBL Chemical Ltd.

ICICI Securities Limited

As per industry estimates, as of FY20, domestic effective capacity of carbon black is pegged at ~11 lakh tonne with domestic consumption pegged at ~9.5 lakh tonne, thereby implying industry operating at ~85%+ utilisation levels. On the import-export front, carbon black exports in FY20 were at ~1.4 lakh tonne, with imports at ~1.9 lakh tonne, implying net imports of ~0.5 lakh tonne. Going forward, carbon black demand is expected to grow to ~11.5-12 lakh tonne by FY23E, implying incremental demand of ~2-2.5 lakh tonne. With ~1 lakh tonne of surplus capacity being put up by PCBL's...

PCBL Chemical Ltd. is trading above its 50 day SMA of 385.4

PCBL Chemical Ltd.

28 Dec 2020

387.55

-0.14%

Buy Phillips Carbon Black; target of Rs 210: ICICI Direct

Moneycontrol

ICICI Securities is bullish on Phillips Carbon Black recommended buy rating on the stock with a target price of Rs 210 in its research report dated December 28, 2020.

PCBL Chemical Ltd. is trading above its 50 day SMA of 385.4

PCBL Chemical Ltd.

28 Dec 2020

387.55

-0.14%

Phillips Carbon Black

Buy: PCBL Chemical Ltd.

Target

ICICI Securities Limited

Unlike other automobile segments viz. 2-W, PV that are more linked to discretionary spend and have witnessed near secular growth over the past decade, CV demand is more cyclical and is governed by economic cycles. In the recent past, post FY19, the Indian CV space has been adversely impacted by several factors like revised axle load norms, efficient goods transport due to GST, slowing domestic economic activity and tighter financing availability due to NBFC crisis. Covid disruption from March 2020 onwards further added to industry woes with FY21E volumes in the M&HCV;...

PCBL Chemical Ltd. has lost -25.39% in the last 1 Year

PCBL Chemical Ltd.

20 Oct 2020

387.55

-0.14%

Buy Phillips Carbon Black; target of Rs 180: ICICI Direct

Moneycontrol

ICICI Direct is bullish on Phillips Carbon Black recommended buy rating on the stock with a target price of Rs 180 in its research report dated October 18, 2020.

Number of FII/FPI investors decreased from 182 to 154 in Jun 2025 qtr

Phillips Carbon: A commodity chemical play at attractive valuation

Moneycontrol | 20 Oct 2020

PCBL Chemical Ltd.

18 Oct 2020

387.55

-0.14%

Phillips Carbon Black

Buy: PCBL Chemical Ltd.

Target

ICICI Securities Limited

PCBL Chemical Ltd. is trading above its 50 day SMA of 385.4

PCBL Chemical Ltd.

15 Sep 2020

387.55

-0.14%

Phillips Carbon Black (126.7)

Business Line

The stock of Phillips Carbon Black has gained 5 per cent with above average volume witnessing buying interest on Tuesday. This rally provides investor

Number of FII/FPI investors decreased from 182 to 154 in Jun 2025 qtr

PCBL Chemical Ltd.

01 Sep 2020

387.55

-0.14%

Ashika - Stock Picks - Phillips Carbon Black Ltd. - September 2020

Buy: PCBL Chemical Ltd.

Ashika Research

30% of revenue and 70% from domestic market. Company is currently focusing on value added products (specialty chemical segment) and has...

PCBL Chemical Ltd. has lost -25.39% in the last 1 Year

PCBL Chemical Ltd.

28 Aug 2020

387.55

-0.14%

Buy Phillips Carbon Black; target of Rs 175: ICICI Direct

Moneycontrol

ICICI Direct is bullish on Phillips Carbon Black recommended buy rating on the stock with a target price of Rs 175 in its research report dated August 27, 2020.

PCBL Chemical Ltd. has lost -25.39% in the last 1 Year

PCBL Chemical Ltd.

27 Aug 2020

387.55

-0.14%

Phillips Carbon Black

Buy: PCBL Chemical Ltd.

Target

ICICI Securities Limited

Phillips Carbon Black (PCBL) reported a steady performance in a Covid impacted Q1FY21. Net sales for the quarter were at | 360 crore, down 61% YoY. Carbon black sales volume for the quarter came in at ~51,300 tonne, down 52% YoY with blended realisation at | 68/kg vs. | 83/kg in base quarter. PCBL reported positive EBITDA and PAT prints despite a steep decline in sales volume and value. EBITDA in Q1FY21 was at | 39 crore with EBITDA margins at 10.7% (EBITDA/tonne at ~| 7,500/tonne). PAT in Q1FY21 came in at | 2.3 crore. The company guided for near normalcy in operations...