PCBL chemical reports Q2 FY26 growth, strategic expansions underway

For Q2 FY26, PCBL Chemical reported a 5% quarter-on-quarter increase in consolidated carbon black sales volume, reaching 161,728 metric tons, with capacity utilization over 99%. Consolidated revenue from operations was INR 2,164 crores, and EBITDA stood at INR 278 crores. Despite a softer market and pricing pressure, the company anticipates a recovery in profitability, with domestic sales volumes increasing and power generation achieving its highest ever at 223 MUs.

Aquapharm Chemical, a segment of PCBL, delivered Q2 FY26 revenue of INR 395 crores, marking 9% growth in topline, and an EBITDA of INR 48 crores. The company is actively expanding its product portfolio, including a complete range of green chelates and new polymer products, with a target to reach an EBITDA exit rate of INR 75 crores by year-end.

Strategic projects are well underway, including the commissioning of a 1,000 MTPA Specialty Black Line in Palej, Gujarat, and a 90,000 MTPA brownfield expansion in Tamil Nadu, both expected to be operational soon. Additionally, the Nano-silicon pilot plant project is on track, with process patents already granted in the US, positioning PCBL as a leader in advanced conductive materials.