PCBL Chemical Ltd has declared a dividend of ₹5.5 per share, with the announcement date on January 10, 2025, and the record date set for tomorrow, January 16, 2025.
PCBL Chemical Limited has consistently declared interim dividends over the years. In 2024, the company announced a dividend of ₹5.5, with the ex-date set for January 29. Similarly, in 2023, a ₹5.5 dividend was declared, and in 2022, the company offered a higher dividend of ₹10.
In 2021, the interim dividend was ₹7. These periodic dividend declarations demonstrate PCBL’s commitment to rewarding shareholders, reflecting its steady financial performance over the years.
PCBL reported a 37% year-on-year decline in its consolidated net profit, which amounted to ₹93 crore for the December 2024 quarter. Despite this, the company saw a 21% growth in revenue from operations, reaching ₹2,021 crore compared to ₹1,673 crore in the same period last year.
The increase in expenses, including a 19% rise in the cost of materials to ₹1,385 crore, a 72% rise in employee benefit expenses to ₹105 crore, and a 34% rise in other operating expenses to ₹203 crore, impacted the company’s profitability.
While the EBITDA grew by 14% year-on-year to ₹328 crore, the EBITDA margin for Q3 FY25 stood at 16%, down from 17% in Q3 FY24. Finance costs increased 3.5 times to ₹117 crore, and depreciation charges rose 64% to ₹87 crore, further affecting profit before tax, which grew by 38% to ₹124 crore compared to ₹201 crore in Q3 FY24.
PCBL Chemical Limited, a part of the RP-Sanjiv Goenka Group, is a leading manufacturer of carbon black, with a history of over six decades in the industry. It has grown to become the largest carbon black producer in India. The company focuses on performance materials and specialty chemicals, continually expanding in these sectors.
With a production capacity of 790,000 MT per annum, PCBL also generates 122 MW of green power. PCBL has five strategically located manufacturing plants across India and maintains R&D centres in both India and Belgium.
PCBL Chemical’s share price traded 0.66% higher at ₹365.60 at 12:22 PM on the NSE, opening at ₹365.55, up from its previous close of ₹363.20.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Jan 15, 2025, 12:51 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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