The Carbon Black capacity of PCBL Ltd. is expected to touch 880,000 MTPA by FY26 and 1,000,000 MTPA by FY27/28 from the present capacity of 770,000 MTPA.

The company is amid an aggressive capacity expansion program in carbon black (rubber & specialty blacks) and water treatment, detergents and oil & gas chemicals business under Aquapharm. The company is fast tracking the Specialty project of 20,000 MTPA capacity in Mundra and 90,000 MTPA carbon black facility in PCBL (TN) to prepone commissioning of these lines.

The Aquapharm capacity stood at 130,000 tons and has embarked on a capacity expansion program of 38,000 tons in the next 6-8 months.

The carbon black business is on a strong growth trajectory supported by sector tailwinds driven by phasing out of the sales volume from Russian carbon black producers and regional capacity dynamics. PCBL is No. 1 carbon black producer in India and is well poised to capture the growth in the domestic and exports markets with new capacity additions, wide product suite and strong R&D capabilities. The company continues to invest in growth, innovation and supply chain capabilities.

The company is in a multi-year growth momentum. The current annual revenue run rate has already crossed the US $1 billion run mark and is expected to accelerate further in the ensuing quarters with a capacity ramp up across business segments.

In another development, PCBL Ltd. consolidated revenue was up 59% to Rs. 2,144 crore in Q1 FY25 from Rs. 1,348 Cr. (Q1 FY24) on the back of better realization, sales volume in the carbon black segment (rubber & specialty blacks) and consolidation of water treatment, detergents and oil & gas chemicals business under Aquapharm.

The sales volume (carbon black) was up 25% YoY to 1, 53,918 tons in Q1 FY25 from 1,23,086 tons in Q1 FY24 on back of higher specialty volume and additional volume from PCBL (TN) plant.

The consolidated EBITDA was up 72% to Rs. 369 crore in Q1 FY25 from Rs. 215 crore driven by better volumes and product mix. The state of art plant in Chennai has received approval from all major tyre manufacturers in India and clocked a capacity utilization of 85%+ during the quarter. The sales volume for Q1 FY25 stood at 28,228 tons.

The Aquapharm business has witnessed a steady improvement in its performance. The Q1 FY25 revenue stood at Rs. 359 crore and operational EBITDA stood at Rs. 55 crore. The quarterly sales volume stood at 24,402 tons. The capacity utilization witnessed a steep improvement and stood at 75% during Q1 FY25.