Company Details

home / INDIA CARBON LIMITED

INDIA CARBON LIMITED

www.indiacarbonltd.com
Sector: Metals & Minerals / Oil & Gas

CHRYSEUM SCORE: 3.00/10.00
×
INDIA CARBON LIMITED

Sector: Metals & Minerals / Oil & Gas

CHRYSEUM SCORE: 3.00/10.00

Description: India Carbon Limited (ICL) primary business is manufacturing and supplying of high-quality Calcined Petroleum Coke to serve the needs of the Aluminum, Steel, & other Carbon consuming industries.
Evaluation is basis the latest financial year disclosures filed by the company

Valuation

Max Score: 3.50

P/E of Company

-17.37

AVG P/E of Key Peer/s

27.21

Valuation Score

0.00

The Valuation Score depicts if the company is available at a discount when compared to its listed/unlisted peers. Higher the discount, more is the score given to the company.

Growth

Max Score: 3.50

Sales Growth

-27.40%

PAT Growth

NA

ROE

-2.38%

Growth Score

0.00

The Growth Score accounts for the growth in Sales and PAT on a 3 year CAGR basis and the Company’s ROE as per the latest financial year results released by the company.

Leverage

Max Score: 1.50

Debt / Equity

0.10

AVG Industry Debt / Equity

0.61

Leverage Score

1.50

Lower the Debt/Equity, higher the score.

Management Quality

Max Score: 1.50

Board Structure & Composition

1.00

Related Party Transactions

1.00

Timely Disclosure

1.00

Management Score

1.50

This score represents a consolidated view of the Company’s Management Quality, which includes Board Structure, Related Party Transactions and Timely disclosures. Each parameter is scored out of 1.

₹860.00 0.00 (0.00%)

As on 12 May, 2026

L 760.00 52 Week Range H 895.00

Company Description : India Carbon Limited (ICL) primary business is manufacturing and supplying of high-quality Calcined Petroleum Coke to serve the needs of the Aluminum, Steel, & other Carbon consuming industries.

Company Overview

Name of Company INDIA CARBON LIMITED
Sector Metals & Minerals / Oil & Gas
ISIN INE743B01015
Scrip Code INDIA CARBON
CIN L23101AS1961PLC001173
Pan No AAACI6148L
Face Value 10
Price ₹ 860.00
No. of Shares outstanding 0.27 Cr.
Market Cap ₹ 227.90 Cr

Financials

Revenue from operations ₹ 174.53 Cr.
EBITDA ₹ -6.85 Cr.
EBITDA Margin % -3.92%
Profit After Tax ₹ -12.74 Cr.
PAT Margin % -6.67%
EPS -48.08
Stock P/E -17.89
Book Value Per Share 2,016.98
P/B 0.43
Debt/Equity 0.10

Other Key Statistics

52 week High/Low 895.00/760.00
Dividend Per Share 2.00
Dividend Yield 0.23%
Sales Growth - 3 years -27.40%
EBITDA Growth - 3 years NA
PAT Growth - 3 years NA
EPS Growth - 3 years NA
ROE -2.38%
ROCE -1.70%
Cash Equivalents 8.26

All figures below are in INR Crores unless otherwise stated

Peer Comparison

Key Financials - FY25
Company Name	India Carbon	Rain Industries	Graphite India
Listing Status	Unlisted	Listed	Listed
Revenue from Operations	174.53	15,472.17	2,560.00
Total Income	190.88	15,689.44	2,998.00
Finance Cost	1.77	929.97	11.00
Depreciation & Amortization	2.44	819.45	90.00
Total Expenses	201.94	15,909.56	2,047.00
EBITDA	-6.85	1,529.30	1,052.00
PAT	-12.74	-448.60	458.00
No. of Shares Outstanding	0.27	33.63	19.54
EPS (in ₹)	-48.08	-13.34	23.44
Share Capital	2.65	67.27	39.00
Total Net Worth	534.50	6,637.66	5,866.00
Total Assets	607.53	20,008.89	7,231.00
Total Debt	52.00	8,279.00	172.00
Key Metrics:
CMP*	860.00	146.00	564.00
Market Cap (In Cr.)	227.90	4,910.65	11,019.18
Market Cap/Sales	1.19	0.31	3.68
EPS (Earnings Per Share)	-48.08	-13.34	23.44
BVPS (Book Value Per Share)	2,016.98	197.35	300.24
P/E	-17.89	-10.95	24.06
P/BV	0.43	0.74	1.88
EBITDA Margin	-3.92%	9.88%	41.09%
ROE	-2.38%	-6.76%	7.81%
ROA	-2.10%	-2.24%	6.33%

*Market Price in ₹ as on 12 May, 2026

Profit Loss

	FY25	FY24	FY23	FY22	FY21
Revenue from operations	174.53	420.39	565.72	456.12	196.25
Y-o-Y Revenue Growth	-58.48%	-25.69%	24.03%	132.42%	-4.83%
Other Income	16.34	37.37	10.55	19.72	32.96
Total Income	190.88	457.76	576.27	475.84	229.21
Total Expenses (Excludes Interest and Depreciation)	197.73	424.48	533.57	356.46	174.00
Operating Profit (After deducting Depreciation)	-25.64	-6.34	30.55	97.63	20.10
OPM %	-14.69	-1.51	5.40	21.40	10.24
EBITDA	-6.85	33.28	42.70	119.38	55.21
Depreciation	2.44	2.25	1.60	2.03	2.15
EBIT	-9.29	31.03	41.10	117.35	53.06
Interest	1.77	4.09	6.71	1.08	0.85
EBT before Exceptional Items	-11.06	26.94	34.39	116.27	52.21
Prior period/Exceptional /Extra Ordinary Items	0.00	0.00	0.00	0.00	0.00
Profit before tax/EBT	-11.06	26.94	34.39	116.27	52.21
Tax	1.68	-3.34	10.47	34.92	-0.72
Net Profit	-12.74	30.28	23.92	81.35	52.93
EPS in Rs	-48.08	114.26	90.28	306.97	199.72
EPS Change %	-142.07%	26.57%	-70.59%	53.70%	-245.15%
EBITDA Change %	-120.58%	-22.06%	-64.23%	116.23%	-213.93%
Profit growth	-142.07%	26.59%	-70.60%	53.69%	-245.17%
ROCE	-1.70%	5.92%	9.44%	26.90%	15.86%
ROE	-2.38%	5.80%	5.51%	18.66%	15.84%
Debt / Equity Ratio	0.10	0.00	0.26	0.13	0.05
Sales growth 3Years	-27.40%
Sales growth 5Years	-3.28%
Dividend per share	2.00

Balance Sheet

	FY25	FY24	FY23	FY22	FY21
Share Capital	2.65	2.65	2.65	2.65	2.65
Reserves	531.85	519.13	431.41	433.24	331.42
Total shareholders' funds	534.50	521.78	434.06	435.89	334.07
Borrowings	52.00	0.00	115.00	57.99	17.86
Other Liabilities	3.47	3.89	6.00	14.84	15.31
Total Liabilities	73.03	11.57	128.07	101.15	37.56
Fixed Assets	18.63	19.25	15.35	14.47	11.48
Capital WIP	3.07	3.68	7.04	4.91	2.76
Investments	468.68	286.40	204.31	209.60	181.46
Other Assets	15.96	41.87	54.31	52.88	30.17
Total Assets	607.53	533.35	562.14	537.04	371.62
Cash Equivalents	8.26	31.39	22.89	13.78	45.32
Total Current liability	60.64	8.90	126.68	100.80	37.12
Total Assets -Total Current liabilty	546.89	524.45	435.46	436.24	334.50

Cash Flow

	FY25	FY24	FY23	FY22	FY21
Net Cash from / (used in) Operating Activity	8.78	168.89	-18.84	-78.36	20.45
Net Cash from / (used in) Investing Activity	-79.76	-32.17	-30.33	36.19	-41.08
Net Cash from / (used in) Financing Activity	49.70	-120.15	48.98	37.61	7.12
Net Inc/Dec In Cash And Cash Equivalents	-21.28	16.57	-0.19	-4.57	-13.51

Share Holding Pattern

	No. of Shares in Crs.	% Holding
Promoters	0.13	49.50%
Non Promoters	0.13	50.50%

News

India Carbon Limited Q3FY25 Financial Highlights

INDIA CARBON LIMITED

www.indiacarbonltd.com
Sector: Metals & Minerals / Oil & Gas

CHRYSEUM SCORE: 3.00/10.00
×
INDIA CARBON LIMITED

Sector: Metals & Minerals / Oil & Gas

CHRYSEUM SCORE: 3.00/10.00

Description: India Carbon Limited (ICL) primary business is manufacturing and supplying of high-quality Calcined Petroleum Coke to serve the needs of the Aluminum, Steel, & other Carbon consuming industries.
Evaluation is basis the latest financial year disclosures filed by the company

Valuation

Max Score: 3.50

P/E of Company

-17.37

AVG P/E of Key Peer/s

27.21

Valuation Score

0.00

The Valuation Score depicts if the company is available at a discount when compared to its listed/unlisted peers. Higher the discount, more is the score given to the company.

Growth

Max Score: 3.50

Sales Growth

-27.40%

PAT Growth

NA

ROE

-2.38%

Growth Score

0.00

The Growth Score accounts for the growth in Sales and PAT on a 3 year CAGR basis and the Company’s ROE as per the latest financial year results released by the company.

Leverage

Max Score: 1.50

Debt / Equity

0.10

AVG Industry Debt / Equity

0.61

Leverage Score

1.50

Lower the Debt/Equity, higher the score.

Management Quality

Max Score: 1.50

Board Structure & Composition

1.00

Related Party Transactions

1.00

Timely Disclosure

1.00

Management Score

1.50

This score represents a consolidated view of the Company’s Management Quality, which includes Board Structure, Related Party Transactions and Timely disclosures. Each parameter is scored out of 1.

₹860.00 0.00 (0.00%)

As on 12 May, 2026

L 760.00 52 Week Range H 895.00

Company Description : India Carbon Limited (ICL) primary business is manufacturing and supplying of high-quality Calcined Petroleum Coke to serve the needs of the Aluminum, Steel, & other Carbon consuming industries.

Company Overview

Name of Company INDIA CARBON LIMITED
Sector Metals & Minerals / Oil & Gas
ISIN INE743B01015
Scrip Code INDIA CARBON
CIN L23101AS1961PLC001173
Pan No AAACI6148L
Face Value 10
Price ₹ 860.00
No. of Shares outstanding 0.27 Cr.
Market Cap ₹ 227.90 Cr

Financials

Revenue from operations ₹ 174.53 Cr.
EBITDA ₹ -6.85 Cr.
EBITDA Margin % -3.92%
Profit After Tax ₹ -12.74 Cr.
PAT Margin % -6.67%
EPS -48.08
Stock P/E -17.89
Book Value Per Share 2,016.98
P/B 0.43
Debt/Equity 0.10

Other Key Statistics

52 week High/Low 895.00/760.00
Dividend Per Share 2.00
Dividend Yield 0.23%
Sales Growth - 3 years -27.40%
EBITDA Growth - 3 years NA
PAT Growth - 3 years NA
EPS Growth - 3 years NA
ROE -2.38%
ROCE -1.70%
Cash Equivalents 8.26

All figures below are in INR Crores unless otherwise stated

Peer Comparison

Key Financials - FY25
Company Name	India Carbon	Rain Industries	Graphite India
Listing Status	Unlisted	Listed	Listed
Revenue from Operations	174.53	15,472.17	2,560.00
Total Income	190.88	15,689.44	2,998.00
Finance Cost	1.77	929.97	11.00
Depreciation & Amortization	2.44	819.45	90.00
Total Expenses	201.94	15,909.56	2,047.00
EBITDA	-6.85	1,529.30	1,052.00
PAT	-12.74	-448.60	458.00
No. of Shares Outstanding	0.27	33.63	19.54
EPS (in ₹)	-48.08	-13.34	23.44
Share Capital	2.65	67.27	39.00
Total Net Worth	534.50	6,637.66	5,866.00
Total Assets	607.53	20,008.89	7,231.00
Total Debt	52.00	8,279.00	172.00
Key Metrics:
CMP*	860.00	146.00	564.00
Market Cap (In Cr.)	227.90	4,910.65	11,019.18
Market Cap/Sales	1.19	0.31	3.68
EPS (Earnings Per Share)	-48.08	-13.34	23.44
BVPS (Book Value Per Share)	2,016.98	197.35	300.24
P/E	-17.89	-10.95	24.06
P/BV	0.43	0.74	1.88
EBITDA Margin	-3.92%	9.88%	41.09%
ROE	-2.38%	-6.76%	7.81%
ROA	-2.10%	-2.24%	6.33%

*Market Price in ₹ as on 12 May, 2026

Profit Loss

	FY25	FY24	FY23	FY22	FY21
Revenue from operations	174.53	420.39	565.72	456.12	196.25
Y-o-Y Revenue Growth	-58.48%	-25.69%	24.03%	132.42%	-4.83%
Other Income	16.34	37.37	10.55	19.72	32.96
Total Income	190.88	457.76	576.27	475.84	229.21
Total Expenses (Excludes Interest and Depreciation)	197.73	424.48	533.57	356.46	174.00
Operating Profit (After deducting Depreciation)	-25.64	-6.34	30.55	97.63	20.10
OPM %	-14.69	-1.51	5.40	21.40	10.24
EBITDA	-6.85	33.28	42.70	119.38	55.21
Depreciation	2.44	2.25	1.60	2.03	2.15
EBIT	-9.29	31.03	41.10	117.35	53.06
Interest	1.77	4.09	6.71	1.08	0.85
EBT before Exceptional Items	-11.06	26.94	34.39	116.27	52.21
Prior period/Exceptional /Extra Ordinary Items	0.00	0.00	0.00	0.00	0.00
Profit before tax/EBT	-11.06	26.94	34.39	116.27	52.21
Tax	1.68	-3.34	10.47	34.92	-0.72
Net Profit	-12.74	30.28	23.92	81.35	52.93
EPS in Rs	-48.08	114.26	90.28	306.97	199.72
EPS Change %	-142.07%	26.57%	-70.59%	53.70%	-245.15%
EBITDA Change %	-120.58%	-22.06%	-64.23%	116.23%	-213.93%
Profit growth	-142.07%	26.59%	-70.60%	53.69%	-245.17%
ROCE	-1.70%	5.92%	9.44%	26.90%	15.86%
ROE	-2.38%	5.80%	5.51%	18.66%	15.84%
Debt / Equity Ratio	0.10	0.00	0.26	0.13	0.05
Sales growth 3Years	-27.40%
Sales growth 5Years	-3.28%
Dividend per share	2.00

Balance Sheet

	FY25	FY24	FY23	FY22	FY21
Share Capital	2.65	2.65	2.65	2.65	2.65
Reserves	531.85	519.13	431.41	433.24	331.42
Total shareholders' funds	534.50	521.78	434.06	435.89	334.07
Borrowings	52.00	0.00	115.00	57.99	17.86
Other Liabilities	3.47	3.89	6.00	14.84	15.31
Total Liabilities	73.03	11.57	128.07	101.15	37.56
Fixed Assets	18.63	19.25	15.35	14.47	11.48
Capital WIP	3.07	3.68	7.04	4.91	2.76
Investments	468.68	286.40	204.31	209.60	181.46
Other Assets	15.96	41.87	54.31	52.88	30.17
Total Assets	607.53	533.35	562.14	537.04	371.62
Cash Equivalents	8.26	31.39	22.89	13.78	45.32
Total Current liability	60.64	8.90	126.68	100.80	37.12
Total Assets -Total Current liabilty	546.89	524.45	435.46	436.24	334.50

Cash Flow

	FY25	FY24	FY23	FY22	FY21
Net Cash from / (used in) Operating Activity	8.78	168.89	-18.84	-78.36	20.45
Net Cash from / (used in) Investing Activity	-79.76	-32.17	-30.33	36.19	-41.08
Net Cash from / (used in) Financing Activity	49.70	-120.15	48.98	37.61	7.12
Net Inc/Dec In Cash And Cash Equivalents	-21.28	16.57	-0.19	-4.57	-13.51

Share Holding Pattern

	No. of Shares in Crs.	% Holding
Promoters	0.13	49.50%
Non Promoters	0.13	50.50%

News

India Carbon Limited Q3FY25 Financial Highlights

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Company Details

home / INDIA CARBON LIMITED

INDIA CARBON LIMITED

INDIA CARBON LIMITED

Evaluation is basis the latest financial year disclosures filed by the company

Valuation

Max Score: 3.50

P/E of Company

AVG P/E of Key Peer/s

Valuation Score

Growth

Max Score: 3.50

Sales Growth

PAT Growth

ROE

Growth Score

Leverage

Max Score: 1.50

Debt / Equity

AVG Industry Debt / Equity

Leverage Score

Management Quality

Max Score: 1.50

Board Structure & Composition

Related Party Transactions

Timely Disclosure

Management Score

₹860.00 0.00 (0.00%)

As on 12 May, 2026

Company Description : India Carbon Limited (ICL) primary business is manufacturing and supplying of high-quality Calcined Petroleum Coke to serve the needs of the Aluminum, Steel, & other Carbon consuming industries.

Peer Comparison

Profit Loss

Balance Sheet

Cash Flow

Share Holding Pattern

News

INDIA CARBON LIMITED

INDIA CARBON LIMITED

Evaluation is basis the latest financial year disclosures filed by the company

Valuation

Max Score: 3.50

P/E of Company

AVG P/E of Key Peer/s

Valuation Score

Growth

Max Score: 3.50

Sales Growth

PAT Growth

ROE

Growth Score

Leverage

Max Score: 1.50

Debt / Equity

AVG Industry Debt / Equity

Leverage Score

Management Quality

Max Score: 1.50

Board Structure & Composition

Related Party Transactions

Timely Disclosure

Management Score

₹860.00 0.00 (0.00%)

As on 12 May, 2026

Company Description : India Carbon Limited (ICL) primary business is manufacturing and supplying of high-quality Calcined Petroleum Coke to serve the needs of the Aluminum, Steel, & other Carbon consuming industries.

Peer Comparison

Profit Loss

Balance Sheet

Cash Flow

Share Holding Pattern

News