PCBL Shares Tumbled ~9%: Posted a Drop of 37% in Net Profit During Q3 FY25

PCBL shares dragged ~9% in morning trade on January 13, 2025, and touched the day low of ₹346.90 at 09:45 AM after opening at ₹372.30 on BSE. The significant fall in PCBL shares came after the release of Q3FY25 results, wherein, it reported a YoY fall of 37% in net profit for the quarter (Q3 FY25) ending December 31, 2024. The net profit stood at ~₹93 crore, compared to ~₹148 crore in the corresponding quarter of the previous fiscal year.

During Q3FY25, PCBL Ltd changed its name to PCBL Chemical Ltd, which signifies a commitment to innovation and delivering advanced solutions as the company diversifies beyond carbon chemistry into new fields.

PCBL Q3 FY25 Performance

The company’s revenue from operations saw a positive increase of 21.3%, reaching ~₹2,010 crore, up from ~₹1,657 crore in the same period last year.At the operating level, the Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) grew by 14% to ₹328 crore in Q3 FY25, up from ₹287 crore in Q3 FY24. The EBITDA margin for the reporting quarter was ~16%, down from 17% in the corresponding period of the previous fiscal year.

PCBL Declared Interim Dividend 

PCBL Chemical Ltd declared an interim dividend of ₹5.50 per equity share of ₹1 each (550%) for the financial year ending March 31, 2025. The record date for the payment of the interim dividend has been set for Thursday, January 16, 2025.

PCBL Future Outlook

The company plans to achieve a carbon black capacity of 1 million MTPA within the next two to three years. With an additional 20,000 MTPA capacity at Mundra, the total Specialty Blacks capacity has now reached 112,000 MTPA. PCBL believes that the demand for speciality products remains strong, with consistent end-user demand for carbon black from sectors such as masterbatch, paints, inks, and fibre.

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