PCBL Chemical Limited has appointed Ms. Sneh Lata (DIN: 11628402) as a Non-Executive Independent Woman Director of the Company, following the successful passage of a Special Resolution through a postal ballot conducted via remote e-voting. The voting results were declared on May 8, 2026, in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, pursuant to a Postal Ballot Notice dated April 7, 2026.

Voting Process and Timeline

The remote e-voting facility was made available to all shareholders holding shares as on the cut-off date of April 3, 2026. The e-voting window remained open from Thursday, April 9, 2026 at 09:00 a.m. (IST) and closed on Friday, May 8, 2026 at 5:00 p.m. (IST). A total of 290900 shareholders were on record as of the cut-off date and were entitled to participate in the voting process.

The following table summarises the key parameters of the postal ballot process:

Voting Results by Shareholder Category

The Special Resolution for the appointment of Ms. Sneh Lata received strong support, with 94.21% of total valid votes cast in favour. The promoter and promoter group voted entirely in favour, while public institutional and non-institutional shareholders also registered majority support. The detailed category-wise voting results are presented below:

Resolution-wise Summary

The Scrutinizer's Report, prepared by Manoj Prasad Shaw (FCS-5517; CP-4194), Proprietor of M/s. Manoj Shaw & Co., Company Secretaries, Kolkata, confirmed the outcome of the Special Resolution. The resolution-wise summary of the remote e-voting results is as follows:

Scrutinizer's Confirmation

The scrutinizer confirmed that the remote e-voting process was conducted in a fair and transparent manner in accordance with Sections 108 and 110 of the Companies Act, 2013, read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, and Regulation 44(1) of the SEBI (LODR) Regulations, 2015. The e-voting facility was provided through the platform of National Securities Depository Limited (NSDL). It was also confirmed that the promoter and promoter group had no interest in the agenda or resolution being voted upon.

The voting results and the Scrutinizer's Report dated May 8, 2026 have been submitted to the stock exchanges and uploaded on the Company's website as well as on the website of National Securities Depository Limited, and displayed on the notice board of the Company's Registered Office. The Company Secretary and Chief Legal Officer, K. Mukherjee, signed and submitted the disclosure on behalf of PCBL Chemical Limited.

PCBL Chemical Limited has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved these results at their meeting held on April 30, 2026. The Statutory Auditors, M/s. S.R. Batliboi & Co. LLP, Chartered Accountants (ICAI Firm Registration No. 301003E/E300005), have issued an unmodified audit opinion on both the standalone and consolidated financial results, as declared by Chief Financial Officer Raj Kumar Gupta pursuant to Regulation 33(3)(d) and 52(3)(a) of the SEBI Listing Regulations.

Standalone Quarterly Financial Performance

On a standalone basis, PCBL Chemical's Q4 FY26 performance reflected a decline compared to the corresponding quarter of the previous year. Total income from operations stood at ₹1,377.94 crores, down from ₹1,469.75 crores in Q4 FY25. Revenue from operations for the quarter was ₹1,371.07 crores versus ₹1,447.50 crores in Q4 FY25. Net profit after tax for the quarter came in at ₹47.02 crores compared to ₹94.75 crores in the year-ago period. Total expenses for Q4 FY26 were ₹1,311.62 crores against ₹1,343.22 crores in Q4 FY25.

* not annualised; # after considering impact of share warrants

Standalone Annual Financial Results

For the full financial year FY26, PCBL Chemical reported standalone total income from operations of ₹5,614.82 crores, compared to ₹5,944.45 crores in FY25. Revenue from operations for FY26 was ₹5,576.05 crores versus ₹5,904.63 crores in FY25. Net profit after tax for FY26 stood at ₹235.82 crores, down from ₹451.06 crores in the previous year. The company recorded an exceptional item of ₹12.45 crores related to the statutory impact of new Labour Codes notified by the Government of India on November 21, 2025, which consolidate twenty-nine existing labour laws. This amount, reflecting increased gratuity and leave liabilities, was classified as a non-recurring exceptional item.

# after considering impact of share warrants

Standalone Balance Sheet & Cash Flow Highlights

As at March 31, 2026, standalone total assets stood at ₹8,221.22 crores compared to ₹8,912.34 crores as at March 31, 2025. Total equity improved to ₹4,051.19 crores from ₹3,743.15 crores. Non-current borrowings declined to ₹1,707.57 crores from ₹2,269.32 crores, while current borrowings reduced to ₹818.91 crores from ₹985.71 crores. On the cash flow front, net cash generated from operating activities for FY26 was ₹1,052.57 crores, significantly higher than ₹565.11 crores in FY25. Net cash used in investing activities was ₹267.35 crores, and net cash used in financing activities was ₹946.88 crores, resulting in closing cash and cash equivalents of ₹47.29 crores versus ₹208.95 crores at the start of the year.

Standalone Key Financial Ratios

The company's standalone financial ratios reflect a mixed picture. The debt-equity ratio improved to 0.62 from 0.87 in the previous year. The interest service coverage ratio stood at 2.62 for Q4 FY26 versus 3.14 in Q4 FY25. Operating margin for Q4 FY26 was 9.89% compared to 13.67% in Q4 FY25, while net profit margin was 3.51% versus 6.60%. For the full year FY26, operating margin was 11.25% against 15.83% in FY25, and net profit margin was 4.27% versus 7.68%.

Consolidated Financial Performance

On a consolidated basis, PCBL Chemical reported total income of ₹2,070.72 crores for Q4 FY26, compared to ₹2,107.26 crores in Q4 FY25. Revenue from operations for the quarter was ₹2,066.06 crores versus ₹2,087.49 crores in Q4 FY25. Consolidated net profit after tax for Q4 FY26 was ₹40.22 crores, down from ₹100.19 crores in Q4 FY25. For the full year FY26, consolidated total income stood at ₹8,227.89 crores against ₹8,451.64 crores in FY25, and net profit after tax was ₹198.04 crores compared to ₹434.67 crores in FY25. Consolidated basic EPS for FY26 was ₹5.15 versus ₹11.51 in FY25. The consolidated net worth as at March 31, 2026 stood at ₹3,589.15 crores compared to ₹3,170.52 crores in the previous year.

* not annualised

Segment-Wise Performance

Segment information is disclosed in the consolidated financial results. The Carbon Black segment remained the largest revenue contributor, with segment revenue of ₹1,680.58 crores in Q4 FY26 versus ₹1,667.44 crores in Q4 FY25, and ₹6,511.66 crores for FY26 versus ₹6,802.34 crores in FY25. The Power segment reported revenue of ₹81.54 crores in Q4 FY26 and ₹365.60 crores for FY26. The Chemical segment reported revenue of ₹338.54 crores in Q4 FY26 and ₹1,442.73 crores for FY26. Segment profit before interest and tax for Carbon Black was ₹189.16 crores in Q4 FY26 versus ₹215.03 crores in Q4 FY25, and ₹721.05 crores for FY26 versus ₹1,042.35 crores in FY25. The Chemical segment reported a segment loss of ₹8.08 crores in Q4 FY26 versus a profit of ₹19.40 crores in Q4 FY25.

Capacity Expansion & Corporate Developments

During the year, subsidiary PCBL (TN) Limited commenced commercial production of Line 4 with effect from January 28, 2026, as part of a brownfield expansion with an annual capacity of 60,000 MT of carbon black. An additional brownfield capacity of 30,000 MT was commissioned at its carbon black plant with effect from March 27, 2026 in Tamil Nadu. The Government of Andhra Pradesh issued a final allotment order for 116.62 acres of land at SEZ Naidupeta in favour of PCBL (TN) Limited for setting up a new carbon black plant. Additionally, during the year, 1,60,00,000 equity shares of face value Re. 1/- each were allotted upon conversion of warrants at an issue price of Rs. 280 per warrant, with Rs. 336 crores (75% of issue price) received during FY26 from promoter and promoter group entities.

Debenture & Regulatory Disclosures

The company has 70,000 rated, listed, secured, redeemable non-convertible debentures of face value Rs. 1,00,000 each, aggregating to Rs. 700 crores, with Rs. 490 crores outstanding as at March 31, 2026 after repayments of Rs. 105 crores each on January 29, 2025 and January 29, 2026. The debentures are secured by a first ranking exclusive pledge over shares of Aquapharm Chemical Limited (formerly Advaya Chemical Industries Limited), a subsidiary, with a security cover of 4.58 times against the requirement of 1.5 times. Additionally, Aquapharm Chemical Limited has issued 55,000 non-convertible debentures aggregating to Rs. 550 crores, with Rs. 385 crores outstanding as at March 31, 2026. There is no deviation in the use of debenture proceeds from the stated objects. The financial results have been prepared in compliance with Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Source: None/Company/INE602A01031/586a6ddf2d144101.pdf