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Company Overview
India Carbon Limited (ICL)
Establishment and Founder:
- Established: 1961
- Founder: Mr. B. Himatsingka
Core Business:
- Industry Focus: Leading producer of Calcined Petroleum Coke (CPC), essential for Aluminum, Steel, and other Carbon-consuming industries.
- Key Products:
- Calcined Petroleum Coke (CPC): Purest form of Carbon with over 99.5% purity.
- Electrode Carbon Paste (ECP): Used in Ferro Alloys and Allied industries, as well as Carbide production.
- Tamping Paste: Mixture of carbonaceous materials and Soft Pitch, used in various applications.
Production Facilities:
- Plants:
- Asia’s first Calcination Plant established at Guwahati in 1962.
- Second Calcination Plant at Budge Budge, West Bengal in 1969.
- Collaboration: Technical and financial collaboration with Oxbow Calcining LLC, USA.
Raw Materials:
- Primary Raw Material: Raw Petroleum Coke (RPC), sourced globally from oil refineries through thermal cracking of crude oil.
Major Customers:
- Aluminum Industry: Supplies to major firms such as National Aluminium Company Limited (NALCO), HINDALCO Industries Limited, Bharat Aluminium Company Limited (BALCO), and Madras Aluminium Company Limited (MALCO).
- Steel Industry: Partnerships with Steel Authority of India Limited (SAIL), Tata Iron and Steel Company Limited (TISCO), and Essar Steel.
- Graphite Industry: Supplies to Graphite India Limited and Hindustan Electro Graphite Limited.
Achievements:
- Pioneer in setting up Asia’s first Calcination Plant.
- Long-standing presence and trusted supplier in the Aluminum, Steel, and Graphite industries.
India Carbon Limited (ICL) is distinguished by its extensive experience, technical expertise, and strategic collaborations, enabling it to cater effectively to the critical needs of various industrial sectors reliant on high-quality carbon products.
Fundamentals
| Fundamentals | Value | Fundamentals | Value |
|---|---|---|---|
| Current Price | ₹ 1275 | Debt to Equity | 0 |
| Market Cap (in Cr.) | ₹ 338 | Face Value | ₹ 10 |
| Book Value | ₹ 1968 | ROE (%) | 5.75 |
| P/B (Price-to-Book Ratio) | 0.65 | P/E Ratio | 11.26 |
| PAN Number | AAACI6148L | EPS (Earnings Per Share) | ₹ 113.21 |
| ISIN | INE743B01015 | No. Of Shares (in Cr.) | 2.65 |
Promoters & Managements
| Name | Designation |
|---|---|
| Rakesh Himatsingka | Chairman & MD |
| Shaurya Veer Himatsingka | Dpt. MD & CEO |
| Vinod Kumar Agarwal | CFO |
Profit & Loss Statement
| Metric | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue (Rs. Crore) | 476 | 576.5 | 457 |
| Cost of Material Consumed | 357 | 501 | 308 |
| Gross Margins (%) | 21.71 | 11.48 | 26.67 |
| Change in Inventory | -59 | -33 | 62 |
| Employee Benefit Expenses | 18 | 12 | 11 |
| Other Expenses | 40 | 53 | 43 |
| EBITDA (Rs. Crore) | 100 | 33 | -4 |
| OPM (%) | 21.93 | 5.83 | -0.95 |
| Other Income (Rs. Crore) | 20 | 10.5 | 37 |
| Finance Cost (Rs. Crore) | 1 | 7 | 4 |
| D&A (Rs. Crore) | 2 | 1.6 | 2 |
| EBIT (Rs. Crore) | 98 | 31.4 | -6 |
| EBIT Margins (%) | 21.49 | 5.55 | -1.43 |
| PBT (Rs. Crore) | 116 | 34 | 27 |
| PBT Margins (%) | 25.44 | 6.01 | 6.43 |
| Tax (Rs. Crore) | 35 | 10 | -3 |
| PAT (Rs. Crore) | 81 | 24 | 30 |
| NPM (%) | 17.76 | 4.24 | 7.14 |
| EPS (Rs.) | 311.54 | 90.57 | 113.21 |
Assets:
| Metric | 2022 | 2023 | 2024 |
|---|---|---|---|
| Fixed Assets | 14 | 15 | 19 |
| CWIP | 5 | 7 | 4 |
| Investments | 207 | 204 | 341 |
| Trade Receivables | 60 | 46 | 16 |
| Inventory | 181 | 212 | 82 |
| Other Assets | 70 | 78 | 71 |
| Total Assets | 537 | 562 | 533 |
Liabilities:
| Metric | 2022 | 2023 | 2024 |
|---|---|---|---|
| Share Capital | 2.6 | 2.65 | 2.65 |
| Face Value (FV) | 10 | 10 | 10 |
| Reserves | 433 | 431 | 519 |
| Borrowings | 58 | 115 | 0 |
| Trade Payables | 28 | 5.6 | 3 |
| Other Liabilities | 15.4 | 7.75 | 8.35 |
| Total Liabilities | 537 | 562 | 533 |
| Metric | 2022 | 2023 | 2024 |
|---|---|---|---|
| Profit Before Tax (PBT) (Rs. Crore) | 116 | 34 | 27 |
| Operating Profit Before Working Capital Changes (OPBWC) (Rs. Crore) | 106 | 40 | 1 |
| Change in Receivables (Rs. Crore) | -68 | 9 | 45 |
| Change in Inventories (Rs. Crore) | -120 | -31 | 130 |
| Change in Payables (Rs. Crore) | 25 | -30 | -4 |
| Working Capital Change (Rs. Crore) | -163 | -52 | 171 |
| Cash Generated From Operations (Rs. Crore) | -57 | -12 | 172 |
| Tax (Rs. Crore) | -21 | -7 | -3 |
| Cash Flow From Operations (Rs. Crore) | -78 | -19 | 169 |
| Purchase of Property, Plant, and Equipment (PPE) (Rs. Crore) | -7 | 0 | -3 |
| Sale of PPE (Rs. Crore) | 0 | 0 | 0 |
| Cash Flow From Investment (Rs. Crore) | 36 | -30 | -32 |
| Borrowing (Rs. Crore) | 40 | 57 | -115 |
| Dividends (Rs. Crore) | -1 | -1.3 | -1 |
| Others From Financing (Rs. Crore) | -1 | -6.8 | -4 |
| Cash Flow from Financing (Rs. Crore) | 38 | 48.9 | -120 |
| Net Cash Generated (Rs. Crore) | -4 | -0.1 | 17 |
| Cash at the Start (Rs. Crore) | 17 | 13 | 13 |
| Cash at the End (Rs. Crore) | 13 | 12.9 | 30 |
Share Holding Pattern
| Shareholder Type | 2022 | 2023 | 2024 |
|---|---|---|---|
| Promoters | 49.50% | 49.50% | 49.50% |
| Mutual Funds, Banks & Insurance Co. | 2.89% | 2.65% | 2.64% |
| Indian Resident | 12.84% | 13.00% | 12.70% |
| Foreign Institutions | 30.66% | 30.66% | 30.66% |
| Others | 4.11% | 4.19% | 4.50% |
Frequently Asked Questions (FAQ)
Find answers to common questions, providing clarity and insights to address any queries on your mind.
Contact Us: Reach out to Unlistify to confirm availability and agree on a price.
Provide KYC: Submit your Client Master Report, PAN card, and a cancelled cheque.
Make Payment: Transfer funds to our designated bank account (RTGS/NEFT/IMPS/cheque). Ensure the payment originates from the same account where you want the shares credited.
Receive Shares: We’ll transfer the India Carbon Ltd. shares to your Demat account within 24 hours of payment confirmation.
Get a Quote: Unlistify will provide a buyback price for your India Carbon Ltd. shares.
Share Details: Submit your Client Master Report.
Transfer Shares: Transfer the India Carbon Ltd. shares to our Demat account using a DIS (Delivery Instruction Slip).
Receive Payment: We’ll transfer funds to your bank account within 24 hours of receiving the shares (RTGS/NEFT/IMPS/cheque). For security reasons, payment will only be made to the account linked to your Demat
DIS (Delivery Instruction Slip): A DIS is a form used to authorize the transfer of shares from your Demat account.
Methods:
Offline DIS: Fill out a physical DIS form with details like the ISIN number, quantity, price of your India Carbon Ltd. shares, and our account information. Submit this to your broker.
Online DIS: Some brokers offer online DIS systems for easier transfers.
Unlistify aims to make unlisted share investing accessible. The current minimum investment for India Carbon Ltd. Unlisted Shares is approximately 35,000 – 50,000 INR.
Limited Liquidity: Unlisted shares are not traded on public exchanges, making it potentially harder to find buyers when you want to sell.
Price Volatility: Prices can fluctuate more than listed shares due to less publicly available information.
Regulatory Changes: Regulations for unlisted shares can change, affecting their value and trading.
Company-Specific Risks: Each company has its own risks related to its industry, financials, and management.
No Guarantee of Listing: There’s no assurance that unlisted shares will ever be listed on a public exchange.
Market Leader: Unlistify is one of India’s fastest-growing unlisted share platforms.
Transparency: We provide clear information about each unlisted share, including potential risks.
Security: We prioritize the protection of your financial information.
Customer Support: Our team is dedicated to guiding you through the investment process.
Latest Funding: We consider the valuation from India Carbon Ltd. most recent funding round.
Comparable Companies: If there’s no recent funding, we analyze similar listed companies to estimate a fair value.
SEBI’s Influence: SEBI regulations do apply to some aspects of unlisted share trading, such as lock-in periods and transaction charges. However, there are no specific SEBI regulations for becoming an unlisted broker.
We aim for same-day transfer of India Carbon Ltd. Unlisted Shares to your Demat account after your payment is confirmed.
Tax Transition: Once your unlisted India Carbon Ltd. shares are listed and sold on an exchange, standard listed share tax rules apply.
Holding Period: Your holding period (for determining long-term vs. short-term capital gains tax) starts from the original unlisted purchase date.
