India Carbon Limited is India’s leading producer of Calcined Petroleum Coke provides the right blend of people & products to serve the needs of the Aluminum, Steel, & other Carbon consuming industries.
The Company, established in 1961 was founded by Mr. B. Himatsingka and is a pioneer of the Calcining industry has set up Asia’s first Calcination Plant at Guwahati in 1962. ICL since inception has also been in Technical & Financial Collaboration with Oxbow Calcining LLC (formerly Great Lakes Carbon LLC) USA -World Leaders in the Calcined Petroleum Coke field. The Company then went ahead and established its second calcination plant in 1969 at Budge Budge, West Bengal.
India Carbon’s primary business is the manufacture and supply of high-quality Calcined Petroleum Coke (CPC) which is the purest form of Carbon, containing over 99.5% of it. Along with the Calcined Coke, the Company also specializes in the production of Electrode Carbon Paste (ECP) and Tamping Paste used widely in the Ferro Alloys and Allied industries and also in the production of Carbide. Both the Electrode Carbon Paste as well as the Tamping Paste are produced from a mixture of different carbonaceous material (CPC, Calcined Anthracite Coal, etc.) and Soft Pitch which is used as a binder.
The primary raw material used by ICL for its operations is Raw Petroleum Coke, frequently referred to as RPC which is purchased from Oil refineries all over the world. RPC itself is produced from the thermal cracking of crude.
The primary customers for ICL are:
1. Aluminum industry –Â National Aluminium Company Limited (NALCO), HINDALCO Industries Limited (HINDALCO), Bharat Aluminium Company Limited (BALCO) and Madras Aluminium Company Limited (MALCO).
2. Steel Industry – Steel Authority of India Limited (SAIL), Tata Iron and Steel Company Limited (TISCO) and Essar Steel,
3. Graphite Industry- Graphite India Limited and Hindustan Electro Graphite Limited.
| Total Available Shares: | Not Available |
| Face Value: | ₹ 10 Per Equity Share |
| ISIN: | INE743B01015 |
| Lot Size: | 50 Shares |
| Current Unlisted Share Price: | ₹ 950 Per Equity Share |
| Particulars (In Crores) | 2016 | 2017 | 2018 | 2019 | 2020 |
| Revenue from Operations | 192 | 165 | 352 | 496 | 212 |
| Total Expense | 192 | 142 | 250 | 299 | 263 |
| PAT | 0 | 19 | 79 | 154 | -44 |
| EPS | 0.72 | 71.24 | 299.29 | 580 | -137 |
| Date | Revenue | EBITDA | OPM | PAT | NPM | EPS |
| Year Ended | ||||||
| 31.03.2020 | 20619 | -4846 | -23.50% | -3646 | -17.68% | -137.60 |
| Nine Months Ended | ||||||
| 31.12.2019 | 16006 | -2848 | -17.79% | -3149 | -19.67% | -118.84 |
| 31.12.2020 | 13913 | 3480 | 25.01% | 2055 | 14.77% | 77.53 |
| Quarter Ended | ||||||
| 31.12.2019 | 4796 | -937 | -19.54% | -1112 | -23.19% | -41.97 |
| 30.09.2019 | 6071 | 1084 | 17.86% | 604 | 9.95% | 22.78 |
| 31.12.2020 | 4346 | 1477 | 33.99% | 976 | 22.46% | 36.82 |
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828, Sector 2B, Vasundhara, Delhi-NCR, India 201012
Market Wizard
6MFY20 Financial Update- the company has come in a loss.
https://dyvmwwyqozzzb.cloudfront.net/main/ICL-Unaudited-Financial-Result-30.09.2019.pdf
The company was performing really well till 31.03.2019. However, due to demand slowness and China again starting the production of Graphite, the company is feeling the heat. The main client of the company i.e. Graphite India is also facing the same issue. The company has made a loss of 26 cr in the first 6MFY19-20 as compared to a profit of 107 cr last year in the same period.
Market Wizard
Review of Financial Performance of the company in FY17-18
1. During the financial year ended 31.03.2018, the Company has achieved a gross revenue from operation amounting to 342.95 Crore as against 142.25 Crore in the last financial year, an increase of 141.09 % as compared to the previous financial year.
2. Production of Calcined Petroleum Coke (CPC) during the year was 85,789MT as against 60,432 MT in the previous year and Electrode Carbon Paste (ECP) production was 4,622MT as against 4,331MT in the previous year, an increase of 41.96% & 6.72% respectively.
3. Further, Sales of CPC for the year under review was 82,470 MT as against 57,248 MT in the previous year, an increase of 44.06%. ECP sales were 4,622 MT as against 4,269 MT in the previous year, an increase of 8.27%.
4. During the year, both production and sales of CPC, which is the main constituent of your Company’s turnover significantly increased as compared to the previous year, resulting in lower cost of production due to much better capacity utilization, leading to increased sales due to additional production, as well as many improved prices.
5. During the year, the demand from all the consuming sectors, primarily, Aluminum, Steel and especially Graphite Electrodes increased due to pick up in the economy, as well as due to massive curtailment in production caused by large-scale shutting up of polluting industries in China.
Market Wizard
Quarterly Results Updates: https://unlistedzone.com/india-carbon-limited-quartely-results-update/
Market Wizard
In view of handsome profit earned by the Company during the F.Y as compared to previous years, the directors are happy to recommend payment of dividend to the equity shareholders @150% i.e ` 15/- per equity share of 10/- each for the F.Y 2017-18 after payment of dividend distribution tax as may be applicable.
Market Wizard
The most problematic issue in the carbon industry is Pollution. We have seen in the past goverment has shut down plants due to rising pollution from carbon companies. China last year has shut down electrode making companies and steel making companies which contribute pollution and instructed to switch to newer technology which produces less pollution.
However, over the years the ICL is one of the few Companies to go beyond the required norms for the betterment of the environment. Conservation of energy and water resources has forever been a key objective for the Company. Moreover, the installation of high-end Gas Cleaning Systems has ensured that industrial pollution is kept to a minimum and is causing no damage to the environment.