{"id":146245,"date":"2023-05-16T03:59:57","date_gmt":"2023-05-16T07:59:57","guid":{"rendered":"https:\/\/44.250.171.167\/?p=146245"},"modified":"2023-05-16T04:00:00","modified_gmt":"2023-05-16T08:00:00","slug":"pcbl-ltd-q4-fy23-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/pcbl-ltd-q4-fy23-earnings-conference-call-insights\/","title":{"rendered":"PCBL Ltd Q4 FY23 Earnings Conference Call Insights"},"content":{"rendered":"<p><strong>Key highlights from PCBL Ltd (PCBL) Q4 FY23 Earnings Concall<\/strong><\/p>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>[00:11:53] Madhav Marda of Fidelity asked about the global carbon black scenario. Kaushik Roy MD said that in the current scenario Russia is supplying to Europe and US. However, the customers from Europe and US are looking at other options also, which is good for PCBL.<\/li>\n<\/ul>\n<ul>\n<li>[00:15:08] Vishal Prasad at VB Capital enquired about the company\u2019s battery chemical update. Kaushik Roy MD said it\u2019s part of PCBL\u2019s specialty chemical portfolio. The company\u2019s research team is working on it and some progress has been made. The company expects the products to be out soon.<\/li>\n<\/ul>\n<ul>\n<li>[00:16:09] Vishal Prasad at VB Capital queried about the opportunities in the battery chemical area. Kaushik Roy MD replied that as more EV chemicals come on road, battery chemical will be a requirement for auto and battery manufacturers. Currently the EV vehicle percentage is very less, but it\u2019s likely a fast growing market.<\/li>\n<\/ul>\n<ul>\n<li>[00:20:27] Aditya Khetan with SMIFS enquired about correcting carbon black prices, if it\u2019s related to RM prices or demand impact. Kaushik Roy MD replied that PCBL is immune to RM cost increase or decrease. The company focuses more on the demand side. However, demand is driven by the market.<\/li>\n<\/ul>\n<ul>\n<li>[00:21:38] Aditya Khetan with SMIFS asked about any near term pain in demand in Southeast Asia. Kaushik Roy MD clarified that demand globally will be strong, with Asia being very strong. PCBL is geared up to capture the growth that\u2019s likely to happen in South Asian and US markets. However, Europe remains a challenge.<\/li>\n<\/ul>\n<ul>\n<li>[00:22:27] Aditya Khetan with SMIFS enquired about the volume increase and utilization of the current Chennai plant started in 4Q23. Kaushik Roy MD said in 1Q23, PCBL is likely to utilize about 40-50% of the capacity, which depends on approval process of customers and the time required.<\/li>\n<\/ul>\n<ul>\n<li>[00:25:53] Chintan Chheda at Quest Investment asked about the trajectory of specialty carbon black in FY24, with record high volume in FY23. Kaushik Roy MD answered that the company is expecting further growth going forward as the Mundra line is about to start operation.<\/li>\n<\/ul>\n<ul>\n<li>[00:27:12] \u00a0Chintan Chheda at Quest Investment enquired about coaltar prices in China correcting and if due to that PCBL is seeing any pressure on the spreads in the export market. Kaushik Roy MD replied that as it\u2019s not a direct RM for PCBL, there isn\u2019t any pressure and not a cause of concern.<\/li>\n<\/ul>\n<ul>\n<li>[00:29:12] Varship Shah of Envision asked why PCBL\u2019s volume had a hit in FY23, while the volume growth for tire industry was 10%. Kaushik Roy MD clarified that FY23 was unusual with volatility impacting the crude based RM to tire industry. In 1Q and 3Q, there was inventory friction in tire industry which negatively impacted PCBL. In FY24, PCBL expect to cross 500,000 tons comfortably.<\/li>\n<\/ul>\n<ul>\n<li>[00:40:40] Sanjesh Jain of ICICI enquired about the mix of capacity consumption from Chennai facility, if it\u2019s more tiled towards export and implication on overall blended spread. Kaushik Roy MD said the mix is for both domestic and international and will depend on how fast approval is got from different customers. Margins are equally healthy for international and domestic.<\/li>\n<\/ul>\n<ul>\n<li>[00:45:43] Sanjesh Jain of ICICI enquired if silica would become a challenge for PCBL going forward as more percentage in tire is replaced by carbon to silica. Kaushik Roy MD clarified that silica cannot be utilized beyond a certain percentage and properties of both are quite different, so it\u2019s not a challenge.<\/li>\n<\/ul>\n<ul>\n<li>[00:50:12] Dhiral Shah at Phillip Capital asked about debt outlook and the peak debt by March 2024. Kaushik Roy MD said that good part of capex is already incurred. If crude remains and current levels, PCBL does not expect any increase in gross debt.<\/li>\n<\/ul>\n<ul>\n<li>[00:54:28] Anupam Agarwal of Lucky Investment asked about the timeline for the commissioning of the second phase of PCBL\u2019s Chennai plant. Kaushik Roy MD replied that about 50% is complete and the rest trials are going on. Within 3 months, PCBL will be formally commissioning it.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from PCBL Ltd (PCBL) Q4 FY23 Earnings Concall Q&amp;A Highlights: [00:11:53] Madhav Marda of Fidelity asked about the global carbon black scenario. Kaushik Roy MD said that in the current scenario Russia is supplying to Europe and US. However, the customers from Europe and US are looking at other options also, which is [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"PCBL Ltd Q4 FY23 Earnings Conference Call Insights #PCBL #Q4 #FY23 #Earnings #Stocks","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,392,5753],"tags":[10169,9019],"class_list":["post-146245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-earnings","category-industrials","tag-earnings","tag-specialty-chemicals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":128553,"url":"https:\/\/alphastreet.com\/india\/pcbl-ltd-q4-fy22-earnings-conference-call-summary\/","url_meta":{"origin":146245,"position":0},"title":"PCBL Ltd Q4 FY22 Earnings Conference Call Summary","author":"Praveen","date":"April 20, 2022","format":false,"excerpt":"https:\/\/youtu.be\/Kmg5_dmL76k Key highlights from PCBL Ltd (PCBL) Q4 FY22 Earnings Concall Q&A Highlights: Dhaval Shah of Svan Investment asked how the scenario is panning out in terms of price increase. Kaushik Roy MD said that there is a sharp increase in crude price. However, the company said it doesn\u2019t want\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":146822,"url":"https:\/\/alphastreet.com\/india\/pcbl-ltd-pcbl-q4-fy23-earnings-concall-transcript\/","url_meta":{"origin":146245,"position":1},"title":"PCBL Ltd (PCBL) Q4 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"May 21, 2023","format":false,"excerpt":"PCBL Ltd (NSE:PCBL) Q4 FY23 Earnings Concall dated May. 15, 2023. Corporate Participants: Kaushik Roy\u00a0--\u00a0Managing Director Raj Kumar Gupta\u00a0--\u00a0Chief Financial Officer Analysts: Sanjesh Jain\u00a0--\u00a0ICICI Securities -- Analyst Madhav Marda\u00a0--\u00a0Fidelity -- Analyst Vishal Prasad\u00a0--\u00a0VP Capital -- Analyst Aditya Khetan\u00a0--\u00a0SMIFS Institutional -- Analyst Chintan Chheda\u00a0--\u00a0Quest Investment Advisors Private Limited -- Analyst Varship\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":176470,"url":"https:\/\/alphastreet.com\/india\/pcbl-chemical-ltd-pcbl-q1-2026-earnings-call-transcript\/","url_meta":{"origin":146245,"position":2},"title":"PCBL Chemical Ltd (PCBL) Q1 2026 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"PCBL Chemical Ltd (NSE: PCBL) Q1 2026 Earnings Call dated Jul. 23, 2025 Corporate Participants: Unidentified Speaker Kaushik Roy \u2014 Managing Director Raj Kumar Gupta \u2014 Chief Financial Officer Analysts: Unidentified Participant Sanjesh Jain \u2014 Analyst Aditya Khetan \u2014 Analyst Presentation: operator It. Sam it. Sam. It. operator Ladies and\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":176473,"url":"https:\/\/alphastreet.com\/india\/pcbl-chemical-ltd-pcbl-q4-2025-earnings-call-transcript\/","url_meta":{"origin":146245,"position":3},"title":"PCBL Chemical Ltd (PCBL) Q4 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"PCBL Chemical Ltd (NSE: PCBL) Q4 2025 Earnings Call dated Apr. 29, 2025 Corporate Participants: Unidentified Speaker Kaushik Roy \u2014 Managing Director Raj Kumar Gupta \u2014 Chief Financial Officer Analysts: Unidentified Participant Sanjesh Jain \u2014 Analyst Aditya Khetan \u2014 Analyst Angad Saluja \u2014 Analyst Sanjesh Jain \u2014 Analyst Krishan Parwani\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":171130,"url":"https:\/\/alphastreet.com\/india\/pcbl-chemical-q1-fy26-earnings-results\/","url_meta":{"origin":146245,"position":4},"title":"PCBL Chemical Q1 FY26 Earnings Results","author":"Chirag Gupta","date":"September 10, 2025","format":false,"excerpt":"Incorporated in 1960, Company is a part of RP\u2011Sanjiv Goenka Group and is in the business of production of Carbon Black, speciality chemical and generation of electricity for the purpose of captive consumptions and sale of surplus to outsiders. Presenting below are its Q1 FY26 earnings results. \u00a0 Q1 FY26\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"PCBL Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/6-5.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/6-5.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/6-5.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/6-5.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/6-5.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/6-5.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":167219,"url":"https:\/\/alphastreet.com\/india\/pcbl-chemical-ltd-q3fy25-37-fall-in-profits\/","url_meta":{"origin":146245,"position":5},"title":"PCBL Chemical Ltd Q3FY25; 37% fall in Profits","author":"Chirag Gupta","date":"March 5, 2025","format":false,"excerpt":"Incorporated in 1960, Company is a part of RP\u2011Sanjiv Goenka Group and is in the business of production of Carbon Black, speciality chemical and generation of electricity for the purpose of captive consumptions and sale of surplus to outsiders. Financial Results: PCBL Chemical Ltd reported Revenues for Q3FY25 of \u20b92,010.00\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/1-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/1-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/1-2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/1-2.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/1-2.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/1-2.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/146245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=146245"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/146245\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=146245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=146245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=146245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}