Shares of PCBL Chemical Ltd. declined as much as 5% on Wednesday, July 23, after the company posted its June quarter results.For the June quarter, PCBL Chemical’s topline declined 1.4% from last year to ₹2,114 crore, on a consolidated basis.
The net profit also fell 20.3% year-on-year to ₹94 crore, compared to ₹118 crore last year.
PCBL Chemical’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) tumbled 11% to ₹319 crore. This is in comparison to ₹358.3 crore in the same period last year.
EBITDA margin for the quarter decreased to 15.1% from 16.7% last year.Recently, Nanovace Technologies, a subsidiary of PCBL Chemical, was granted a process patent by the United States Patent Office for its proprietary method of developing nanomaterials tailored for next-generation energy storage technologies.
The net profit also fell 20.3% year-on-year to ₹94 crore, compared to ₹118 crore last year.
PCBL Chemical’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) tumbled 11% to ₹319 crore. This is in comparison to ₹358.3 crore in the same period last year.
EBITDA margin for the quarter decreased to 15.1% from 16.7% last year.Recently, Nanovace Technologies, a subsidiary of PCBL Chemical, was granted a process patent by the United States Patent Office for its proprietary method of developing nanomaterials tailored for next-generation energy storage technologies.
This breakthrough patent marks a major milestone in PCBL’s R&D journey and further strengthens its intellectual property portfolio in the energy storage space.
The patent grant not only validates the company’s technological innovation but also opens up new opportunities for strategic partnerships, licensing, and potential commercialisation in global markets.
Having successfully demonstrated the technology at the lab scale, Nanovace Technologies is now setting up a pilot plant, expected to be ready by Q3 FY26, to showcase the industrial-scale viability of its solution.
Shares of PCBL Chemical are trading 2.02% lower at ₹405.05. The stock is down 11% so far in 2025.
