|
31 Jul 2025 |
PCBL
|
Consensus Share Price Target
|
398.25 |
465.90 |
- |
16.99 |
buy
|
|
|
|
|
24 Jul 2025
|
PCBL
|
IDBI Capital
|
398.25
|
387.00
|
398.10
(0.04%)
|
Target met |
Hold
|
|
|
PCBL's Q1FY26 revenue and PAT came in below our expectations. Carbon black sales declined 4% YoY, primarily due to 4% YoY drop in realizations driven by weak crude oil prices. Domestic volumes decreased by 1% YoY, while export volumes grew by 2% YoY. Consolidated EBITDA margin contracted 162bps YoY to 15.1%, reflecting margin compression in both carbon black and Aquapharm segments, largely due to increased freight costs and pricing pressures. EBITDA/t for carbon black remained flat QoQ to Rs17,791 impacted by lower realizations amid weak demand and oversupply caused by an influx of Russian supplies in...
|
|
23 Jul 2025
|
PCBL
|
Prabhudas Lilladhar
|
398.25
|
474.00
|
398.10
(0.04%)
|
19.02 |
Buy
|
|
|
flat both on QoQ and YoY basis. In the CB segment, volumes grew 3% stable QoQ, but lower YoY, primarily due to pricing pressure from increased dumping by Russian players in the domestic market. Going forward, realization is expected to remain largely stable. Power segment delivered strong...
|
|
30 Apr 2025
|
PCBL
|
ICICI Direct
|
398.25
|
515.00
|
359.65
(10.73%)
|
29.32 |
Buy
|
|
|
|
|
30 Apr 2025
|
PCBL
|
IDBI Capital
|
398.25
|
415.00
|
359.65
(10.73%)
|
Target met |
Hold
|
|
|
|
|
15 Jan 2025
|
PCBL
|
Minerva Capital Research Solutions
|
398.25
|
462.00
|
361.05
(10.30%)
|
16.01 |
Buy
|
|
|
Company has total installed capacity of 678,000 MTPA of Rubber Black and 92,000 MTPA of Specialty Black which is set to cross total 1,000,000 MTPA by FY27 (increase of ~30%) spread across 5 locations in India. Blended margins (EBITDA / MT) has been increasing Y-o-Y on account of increase in exports as well as product mix (performance and specialty chemicals).
|
|
13 Jan 2025
|
PCBL
|
IDBI Capital
|
398.25
|
409.00
|
351.85
(13.19%)
|
Target met |
Hold
|
|
|
|
|
05 Nov 2024
|
PCBL
|
ICICI Direct
|
398.25
|
600.00
|
423.50
(-5.96%)
|
50.66 |
Buy
|
|
|
|
|
31 Oct 2024
|
PCBL
|
IDBI Capital
|
398.25
|
453.00
|
417.90
(-4.70%)
|
Target met |
Hold
|
|
|
|
|
28 Aug 2024
|
PCBL
|
ICICI Direct
|
398.25
|
600.00
|
489.10
(-18.57%)
|
50.66 |
Buy
|
|
|
|
|
13 Aug 2024
|
PCBL
|
ICICI Direct
|
398.25
|
500.00
|
374.95
(6.21%)
|
Target met |
Buy
|
|
|
|
|
13 Aug 2024
|
PCBL
|
ICICI Securities Limited
|
398.25
|
375.00
|
374.95
(6.21%)
|
Target met |
Hold
|
|
|
PCBL’s Q1FY25 volume growth accelerated with new capacity addition alongside spreads remaining favourable. The company expects volumes to grow at a CAGR of 11–12% p.a. over the next five years.
|
|
24 Jun 2024
|
PCBL
|
ICICI Direct
|
398.25
|
340.00
|
274.26
(45.21%)
|
Target met |
Buy
|
|
|
|
|
24 May 2024
|
PCBL
|
IDBI Capital
|
398.25
|
299.00
|
251.70
(58.22%)
|
Target met |
Buy
|
|
|
|
|
15 Mar 2024
|
PCBL
|
ICICI Direct
|
398.25
|
330.00
|
245.00
(62.55%)
|
Target met |
Buy
|
|
|
|
|
26 Feb 2024
|
PCBL
|
IDBI Capital
|
398.25
|
343.00
|
304.60
(30.75%)
|
Target met |
Hold
|
|
|
|
|
15 Feb 2024
|
PCBL
|
Ventura
|
398.25
|
425.00
|
306.60
(29.89%)
|
Target met |
Buy
|
|
|
Business diversification & industry tailwinds to propel growth
|
|
18 Oct 2023
|
PCBL
|
ICICI Securities Limited
|
398.25
|
235.00
|
198.15
(100.98%)
|
Target met |
Buy
|
|
|
PCBL’s volume growth has accelerated with new capacity addition and higher contribution from specialty grade. Despite spot volumes sales from its Chennai facility, PCBL was able to maintain gross profit/kg. Going forward, it expects spreads to improve by INR 1/kg.
|
|
31 Aug 2023
|
PCBL
|
SBI Securities
|
398.25
|
197.00
|
174.35
(128.42%)
|
Target met |
Buy
|
|
|
|
|
13 Jul 2023
|
PCBL
|
ICICI Securities Limited
|
398.25
|
200.00
|
163.15
(144.10%)
|
Target met |
Buy
|
|
|
PCBL witnessed healthy Q1FY24 volume growth of 12.5% YoY in carbon black driven by 22.6% rise in export volumes, which indicates that the strong overseas market opportunity is playing out.
|
|
13 Jul 2023
|
PCBL
|
IDBI Capital
|
398.25
|
215.00
|
154.50
(157.77%)
|
Target met |
Buy
|
|
|
|