Petro Carbon & Chemicals Ltd
Incorporated in 2007, Petro Carbon
and Chemicals Ltd is in the business
of manufacturing and marketing of
Calcined Petroleum Coke[1]
- Market Cap ₹ 423 Cr.
- Current Price ₹ 171
- High / Low ₹ 383 / 150
- Stock P/E 44.7
- Book Value ₹ 69.0
- Dividend Yield 0.00 %
- ROCE 6.12 %
- ROE 5.85 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.0%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 10.2% over past five years.
- Tax rate seems low
- Company might be capitalizing the interest cost
- Debtor days have increased from 42.8 to 76.3 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 226 | 221 | 182 | 152 | 277 | 516 | 539 | 296 | |
| 201 | 200 | 164 | 149 | 264 | 491 | 413 | 282 | |
| Operating Profit | 25 | 21 | 19 | 3 | 13 | 24 | 126 | 13 |
| OPM % | 11% | 10% | 10% | 2% | 5% | 5% | 23% | 5% |
| 1 | 1 | 1 | 0 | 3 | 2 | 2 | 4 | |
| Interest | 4 | 7 | 9 | 2 | 7 | 15 | 8 | 7 |
| Depreciation | 22 | 6 | 4 | 1 | 1 | 2 | 2 | 3 |
| Profit before tax | -0 | 9 | 7 | 0 | 8 | 9 | 117 | 7 |
| Tax % | 1,600% | 33% | 29% | -80% | 29% | 28% | 30% | -28% |
| -1 | 6 | 5 | 0 | 6 | 7 | 82 | 9 | |
| EPS in Rs | -0.33 | 2.39 | 1.97 | 0.17 | 2.20 | 2.54 | 33.38 | 3.83 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 2% |
| TTM: | -45% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 20% |
| TTM: | -88% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 27% |
| Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 26 | 26 | 26 | 26 | 26 | 26 | 25 | 25 |
| Reserves | 36 | 41 | 46 | 45 | 50 | 56 | 137 | 146 |
| 138 | 115 | 79 | 82 | 194 | 175 | 75 | 144 | |
| 5 | 61 | 29 | 7 | 7 | 6 | 47 | 102 | |
| Total Liabilities | 205 | 244 | 179 | 160 | 277 | 263 | 284 | 417 |
| 72 | 66 | 62 | 62 | 85 | 86 | 89 | 159 | |
| CWIP | 0 | 0 | 1 | 6 | 1 | 2 | 27 | 4 |
| Investments | 0 | 3 | 0 | 0 | 8 | 5 | 0 | 7 |
| 132 | 174 | 117 | 92 | 183 | 170 | 168 | 247 | |
| Total Assets | 205 | 244 | 179 | 160 | 277 | 263 | 284 | 417 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| -28 | 30 | -3 | -61 | 62 | 99 | 12 | ||
| 0 | 3 | -7 | -39 | -6 | -24 | -50 | ||
| 58 | -45 | 1 | 104 | -30 | -110 | 62 | ||
| Net Cash Flow | 30 | -12 | -9 | 4 | 27 | -35 | 24 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 39 | 66 | 33 | 58 | 38 | 10 | 42 | |
| Inventory Days | 118 | 204 | 197 | 155 | 173 | 73 | 80 | |
| Days Payable | 0 | 118 | 68 | 9 | 2 | 3 | 36 | |
| Cash Conversion Cycle | 156 | 152 | 163 | 204 | 209 | 80 | 87 | |
| Working Capital Days | 140 | 146 | 152 | 192 | 205 | 84 | 76 | |
| ROCE % | 8% | 9% | 2% | 7% | 9% | 51% |
Documents
Announcements
-
Updates
3 May 2025 - Received Environment Clearance for expansion: 72,000 TPA Calcined Anthracite, 60,000 TPA Coal Tar, 48,000 TPA Carbon Paste revamp.
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
3 May 2025 - PETRO CARBON AND CHEMICALS LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Change in Management
2 May 2025 - Re-appointment of Whole-time Director Rudra Sen Singh and appointment of internal and cost auditors for FY 2025-26.
-
Outcome of Board Meeting
2 May 2025 - Audited FY25 standalone and consolidated financial results approved with unmodified audit opinion.
-
Board Meeting Intimation
29 April 2025 - PETRO CARBON AND CHEMICALS LIMITED has informed about Board Meeting to be held on 02-May-2025 to inter-alia consider and approve the Audited Financial results of …
Business Overview:[1]
PCCL, a subsidiary of the Atha group, operates on a B2B model, primarily supplying Calcined Petroleum Coke (CPC) to government aluminum manufacturers, graphite electrode producers, titanium dioxide manufacturers, and other metallurgical, chemical, and steel industries.