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PCBL - Fundamental Analysis: Financial Health & Valuation

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Rating: 2.8

Last Updated Time : 04 May 26, 11:42 am

Fundamental Rating: 2.8

Stock Code PCBL Market Cap 11,433 Cr. Current Price 291 ₹ High / Low 437 ₹
Stock P/E 46.7 Book Value 103 ₹ Dividend Yield 2.06 % ROCE 8.53 %
ROE 6.29 % Face Value 1.00 ₹ DMA 50 280 ₹ DMA 200 318 ₹
Chg in FII Hold -0.12 % Chg in DII Hold 0.79 % PAT Qtr 47.0 Cr. PAT Prev Qtr 44.7 Cr.
RSI 56.9 MACD 6.84 Volume 21,69,764 Avg Vol 1Wk 17,28,844
Low price 226 ₹ High price 437 ₹ PEG Ratio -2.59 Debt to equity 0.65
52w Index 30.4 % Qtr Profit Var -50.4 % EPS 5.99 ₹ Industry PE 47.0

📊 PCBL shows weak-to-moderate fundamentals with ROE at 6.29% and ROCE at 8.53%, reflecting limited efficiency in generating returns. The P/E ratio of 46.7 is aligned with the industry average (47.0), suggesting fair but not cheap valuation. Dividend yield of 2.06% provides some income support. Debt-to-equity ratio of 0.65 is relatively high, raising leverage concerns. EPS of 5.99 ₹ is modest, and the negative PEG ratio (-2.59) indicates poor growth prospects. Quarterly PAT improved slightly (47 Cr. vs 44.7 Cr.), but overall profit variation (-50.4%) highlights volatility.

💰 Ideal Entry Price Zone: 250 ₹ – 270 ₹, closer to its recent low of 226 ₹ and below DMA 200 (318 ₹), offering valuation comfort.

📈 Long-Term Holding Guidance: PCBL is not suitable for long-term accumulation unless ROE/ROCE improve and debt levels reduce. Best considered for medium-term trades with exit near 340–360 ₹ if momentum sustains. Conservative investors should avoid long-term holding until fundamentals strengthen.


✅ Positive

  • P/E ratio (46.7) aligned with industry average (47.0).
  • Dividend yield of 2.06% provides income support.
  • DII holding increased (+0.79%), showing domestic institutional confidence.
  • Technical indicators (RSI 56.9, MACD 6.84) show neutral-to-positive momentum.

⚠️ Limitation

  • Weak ROE (6.29%) and ROCE (8.53%).
  • High debt-to-equity ratio (0.65).
  • Negative PEG ratio (-2.59), indicating poor growth prospects.
  • Quarterly profit variation (-50.4%) highlights earnings volatility.

📉 Company Negative News

  • Quarterly PAT variation (-50.4%) shows sharp decline in profitability.
  • FII holding decreased (-0.12%), reflecting reduced foreign investor confidence.

📈 Company Positive News

  • DII holding increased (+0.79%), showing domestic institutional support.
  • Trading volume above weekly average, indicating liquidity strength.

🏭 Industry

  • Industry P/E at 47.0, aligned with PCBL’s 46.7, suggesting fair valuation.
  • Chemicals and carbon black sector is cyclical, dependent on auto and industrial demand.

🔎 Conclusion

PCBL is moderately valued but faces profitability and debt concerns. Entry is advisable near 250–270 ₹ for risk-tolerant investors. Long-term holding is not recommended unless ROE/ROCE improve and debt reduces. Medium-term traders may target exits near 340–360 ₹ if momentum sustains.

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