PCBL Chemical PCBL
India's largest carbon-black maker, approved to make acetylene black - the conductive additive in Li-ion battery electrodes
Mapped in 1 theme: Electronic Components (ECMS).
Where PCBL Chemical sits in the supply chain
PCBL Chemical appears in 1 supply-chain layer in one theme, Electronic Components (ECMS).
Electronic Components (ECMS) › Li-ion cells & battery chemicals
Emerging entrantOther companies in this layer
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 6,420 | 8,404 | 8,189 |
| Net profit | 491 | 435 | 198 |
Latest-year revenue ₹8,189 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths
- ECMS approval (Aug 2026) for an ~₹329 Cr acetylene black project - a first for India
- Existing carbon-black scale, customers and process know-how
Risks
- FY26 profit fell ~55% to ₹198 Cr; battery materials are tiny vs tyre-grade carbon black
- Timeline, capacity and location not yet disclosed
Common questions
What does PCBL Chemical do?
India's largest carbon-black maker, approved to make acetylene black - the conductive additive in Li-ion battery electrodes.
Where does PCBL Chemical sit in the supply chain?
PCBL Chemical (NSE: PCBL) is mapped in 1 supply-chain layer: Li-ion cells & battery chemicals (Electronic Components (ECMS)).
Who are PCBL Chemical's peers?
In the Li-ion cells & battery chemicals layer of Electronic Components (ECMS): ATL Battery Technology (India) (not NSE-listed) and Acutaas Chemicals.
What is PCBL Chemical's market cap and valuation?
As of 30 Oct 2026: market cap ₹10,912 Cr, P/E 41.2x, ROCE 7.8%, ROE 5.6%, dividend yield 2.17%.