PCBL Chemical Limited — PPTs, 17-10-2025: Investor Presentation

Here's a concise summary for retail investors:

**Business Performance:** Despite market challenges, PCBL Chemical reported strong Q2 FY26. Carbon Black sales volume grew 5% QoQ to 161,728 MT, while Specialty Black volumes jumped 9% QoQ to 17,505 MT. Aquapharm Chemical posted ₹395 Cr revenue with ₹48 Cr EBITDA. Consolidated Q2 revenue hit ₹2,164 Cr, with EBITDA at ₹278 Cr.

**Growth Drivers or Strategy:** The company is aiming for 50% capacity expansion over the next 5 years. A key focus is diversifying into high-margin Specialty Chemicals, particularly super-conductive grades and battery chemicals, alongside optimizing operations and R&D.

**Recent Developments:** A new 1,000 MTPA Specialty Black line for super-conductive grades in Gujarat starts production November '25, and another 20,000 MTPA line commissioning is advanced to March '26. Nanovace's pilot plant is on track, with a US patent secured for nano-silicon. Strong cash flow led to a 12-day improvement in working capital (releasing ₹240 Cr) and a gross debt reduction of over ₹300 Cr since March 2025.

**Key Financial Metrics:** Q2 PBT was ₹78 Cr, PAT ₹62 Cr, and Diluted EPS at ₹1.6/share.

**Management Commentary / Outlook:** Management sees auto sector demand rising due to GST rate cuts, driving a shift to premium products.