Questions across 3 calls

Sanjesh Jain

ICICI Securities Limited

PCBL Chemical Limited

PCBL Chemical Limited CC-May26.pdf · 2026-04-30

Yes, thank you. Thanks for taking my questions and for this opportunity. I got a few across the businesses. First on the carbon black, what is benefiting us because the profitability in the segment has gone up? It's purely because U.S. tariff has changed ways. We were struggling or there is a lower import coming from Russia, thanks to the Middle East crisis? I can also sense inventory gain s during the quarter, considering that there was a sharp increase in prices across commodities, which should have benefited. In this backdrop, how do you see FY27 panning out, both from a volume perspective and the profitability perspective in the carbon black business? Thank you.

Got it. But what is the reason for a jump in profitability this quarter? If you can break that up, that will be really helpful?

PCBL Chemical Limited CC-Jun25.pdf · 2025-07-23

First on the Orion plant closure. Any sense is that the plants were old and not efficient or do you see that Europe and North America, it's becoming incrementally less viable for them to produce at those cost level and become competitive versus India and China? What's playing out in market of Europe and North America?

And do you expect more such closure to come? Is it fair to assume that in net -net every year, there will be less of addition and more of closure.

PCBL Chemical Limited CC-Mar25.pdf · 2025-04-29

Good afternoon and thanks for taking my question. First, touching upon the Aquapharm, in this quarter, EBITDA because if I take Rs. 194 crores for the full year, it appears that we have done only Rs. 38 crores for this quarter while the earlier run rate was Rs. 50 crores on a much higher volume, much higher revenue, anything which has one -off or anything which has happened in the EBITDA margin for this quarter?

Because you have disclosed Rs. 194 crores for the full year?