PCBL Share Price

(PCBL)

PCBL is part of the RPSanjiv Goenka Group and is the largest Carbon Black producer in India, with 4 manufacturing units and a total rated production capacity of 603000 MT per annum and 76 MW of green power. The company has a presence in more than 30 countries and their efficient supply chain and distribution network have enabled this. It was set up in 1960 in association with Phillips Petroleum, a US-based company. Due to an accidental release of carbon black smoke from its Cochin factory, KPCB forced the company to temporarily close its unit in 2014. To meet its annual demand it shifted its 10000 MT idle capacity from Cochin to Duragpur. During the same year the company successfully developed new grades, improved product characteristics, recast standard operating procedures and established a rubber application laboratory. The Board of Directors approved Goodluck Dealcom Private Limited’s Scheme of Merger in 2017, and the shareholders approved the same through Postal Ballot and evoting, with its Appointed Date being 1st April 2016. The company also upgraded its Kochi plant’s capacity to 50000 MTPA in 2014. In 2019 it completed its brownfield expansion at Mundra, and by March 2021 has three subsidiaries - Phillips Carbon Black Cyprus Holding Limited, Phillips Carbon Black Vietnam Joint Stock Company and PCBL TN Limited. Additionally, during FY 2020-21 speciality lines progress is going well, the company got clearance to expand its carbon black and green power plants at Palej Plant, and a new subsidiary in Tamil Nadu PCBL TN Limited was incorporated. Lastly, the company delisted from CSE Limited in November 2020, and has subsequently introduced new technologies like NuToneTM21 and CarboNext10, 20 and PRD022 across its various plants.

Revenue: ₹2,143.56Cr as on June 2024 (Q2 24)
Net Profit: ₹117.92Cr as on June 2024 (Q2 24)
Listing date: 06 Jan, 1995
Chairperson Name: Sanjiv Goenka