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Entity-Specific Rating Rationales

17 Mar 2025

PCBL Chemical Limited (erstwhile PCBL Limited): Ratings reaffirmed

PCBL Chemical Limited (erstwhile PCBL Limited): Ratings reaffirmed

19 Mar 2024

PCBL Limited (erstwhile Phillips Carbon Black Limited): Ratings reaffirmed with change in limits

PCBL Limited (erstwhile Phillips Carbon Black Limited): Ratings reaffirmed with change in limits

12 Jan 2024

PCBL Limited (erstwhile Phillips Carbon Black Limited): Ratings reaffirmed; removed from rating watch with developing implications; rated amount enhanced; fresh rating assigned for NCDs

PCBL Limited (erstwhile Phillips Carbon Black Limited): Ratings reaffirmed; removed from rating watch with developing implications; rated amount enhanced; fresh rating assigned for NCDs

07 Dec 2023

PCBL Limited (erstwhile Phillips Carbon Black Limited) - Placed on Rating Watch with Developing Implications

PCBL Limited (erstwhile Phillips Carbon Black Limited) - Placed on Rating Watch with Developing Implications

10 Apr 2023

PCBL Limited (erstwhile Phillips Carbon Black Limited): Ratings reaffirmed

PCBL Limited (erstwhile Phillips Carbon Black Limited): Ratings reaffirmed

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Entity-Specific Credit Perspective Reports

15 Apr 2025

PCBL Chemical Limited (erstwhile PCBL Limited)

PCBL Chemical Limited (erstwhile PCBL Limited) (Non-SF)

15 Feb 2024

PCBL Chemical Limited (erstwhile PCBL Limited)

PCBL Chemical Limited (erstwhile PCBL Limited) (Non-SF)

06 May 2022

PCBL Chemical Limited (erstwhile PCBL Limited)

PCBL Chemical Limited (erstwhile PCBL Limited) (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Term Loans -- -- [ICRA]AA(Stable) --
Unallocated Limits -- -- [ICRA]AA(Stable) --
Working Capital Term Loan -- -- [ICRA]AA(Stable) --
Non Convertible Debenture -- -- [ICRA]AA(Stable) --
Commercial Paper [ICRA]A1+ -- -- --

Our Analysts

Analyst 1

Sankalpa Mohapatra

Analyst 2

Kushal Kumar

Sector Head

Girishkumar Kashiram Kadam
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08 Apr 2025 04:00 PM

ICRA Webinar on the Indian Banking Sector - Regulatory easing to support credit growth in FY2026; asset quality remains monitorable

--By Mr Karthik Srinivasan,Mr Anil Gupta,Mr Sachin Sachdeva
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03 Apr 2025 04:00 PM

ICRA Webinar on Outlook FY2026

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