PCBL Chemical jumps 16% after Q1 profit surges 65%, announces interim dividend

Shares of PCBL Chemical jumped 16% after the company reported a 65% year-on-year rise in its consolidated net profit earnings for the quarter ended June. The board also declared an interim dividend of ₹4.50 per equity share for FY27, with August 4 fixed as the record date.



The company's consolidated net profit rose to ₹154.9 crore during the June quarter from ₹94.1 crore a year earlier. Revenue increased 17% to ₹2,473.4 crore from ₹2,114.1 crore.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) climbed 24% to ₹396 crore from ₹319 crore. EBITDA margin expanded to 16% from 15% in the corresponding quarter last year.

Total income increased to ₹2,477.8 crore from ₹2,119.9 crore a year ago, while profit before tax rose 70% to ₹204.3 crore from ₹120.2 crore. Earnings per share improved to ₹3.94 from ₹2.49 in the year-ago quarter.

The company's Carbon Black business continued to be its largest revenue contributor, generating ₹2,003.9 crore during the quarter, compared with ₹1,663.6 crore a year earlier.

The Chemical segment reported revenue of ₹393.8 crore, up from ₹382.5 crore, while the Power segment contributed ₹111 crore, compared with ₹99.3 crore in the corresponding quarter last year. The Battery Chemical business remained at an early stage, contributing negligible revenue during the quarter.

On the profitability front, the Carbon Black segment reported earnings before interest and tax (EBIT) of ₹315.8 crore, up from ₹226.7 crore a year earlier, while the Power segment's EBIT increased to ₹79.1 crore from ₹67.8 crore. The Chemical segment's EBIT, however, declined to ₹10.7 crore from ₹14.5 crore in the year-ago period.

During the quarter, cost of materials consumed increased to ₹1,767 crore from ₹1,447.4 crore a year ago, while employee benefit expenses rose to ₹130.4 crore from ₹109.5 crore.

Finance costs declined to ₹92.5 crore from ₹112.4 crore, and other expenses increased to ₹297 crore from ₹231 crore. Total expenses rose to ₹2,273.5 crore from ₹1,999.7 crore in the corresponding quarter last year.

The board approved an interim dividend of ₹4.50 per equity share (450% on the face value of ₹1) for FY27. The company has fixed Tuesday, August 4, 2026, as the record date for determining shareholders eligible to receive the dividend.

Shares of the company surged almost 16% following the results announcement and were trading at ₹363.35 as of 3.08 pm, up 14.12%. The stock has advanced 23% so far in 2026, while delivering a negative 7% return over the last 12 months.

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