PHILLIPS CARBON BLACK LTD - There's a bit of black in everything you see

• PHILLIPS CARBON BLACK LTD. (PCBL), is part of the business conglomerate RP-Sanjiv Goenka Group, which is @ Rs.140 billion revenue.
• Carbon Black business contributes 19% of its annual sales revenue.
• PCBL is the largest producer of Carbon Black in India and 7th largest in the World.
• PCBL is the largest supplier to almost all the TYRE manufacturers in India & World.
• Carbon Black is exported to 20 countries across globe and the revenue from export of Carbon Black is @35% of the total sales of PCBL. 
• Carbon Black is mainly used for reinforcing strength to the rubber and used in the manufacture of TYRES and Other Rubber products that are used in the industry. It is available in different grades depending on the type of Application.
• Apart from the Tyre application, it is also required for the manufacture of INK, Printer Cartridges, Fabrics and many more applications that are used in daily life.
• With the economic revival & Auto industry gaining momentum, PCBL is projected to give very good results in the coming 2-3 years. The same is visible now from Q2 FY 15 results.
• The company has considerably high Debt on account of its investment towards Forward & Backward integration and also, the the company has clocked loss before last 3 Quarters. But, since the last 3 quarters, turn around has started.
  
  
  

 List of the customers is shown at the end of this Blog.

• PCBL integrates high value creating business model that encompases Co-generation Power Plants that run on the tail gas formed during production of Carbon Black. The plant capacities along with the Power output is as below.

• Revenue from the power generation from Captive power plants is 6% of the total annual income of PCBL.
•  To enhance the efficiency & profitability of the business, company is now going for backward integration & extension to Carbo Chenical business that produces the raw material required for production of Carbon Black.
• The company is trading of BSE & NSE with CMP - @ Rs.116 per share. Investors with a bit high patience will get very good returns from this stock in coming 2-3 Quarters.

 

for further details pls. refer - http://www.pcblltd.com/home/home.php?container=1