PCBL Chemical Limited — Investor Meet, 30-07-2025: Analysts/Institutional Investor Meet/Con. Call Updates

PCBL Chemical reported stable Q1 FY26 performance despite macro challenges. Consolidated revenue stood at INR 2,114 Cr with EBITDA at INR 325 Cr. Carbon Black sales volume increased 2.6% QoQ, hitting 97% utilization. Key strategic moves include expanding into battery chemicals (Nanovace pilot plant expected soon, US patent granted) and setting up India's first Acetylene Black capacity. Brownfield carbon black expansion is starting trial runs, with new Specialty Black lines planned. Management expects these new ventures to significantly improve profitability long-term, particularly from FY28. Aquapharm is anticipated to see improved performance from Q2.