Unlisted Shares
India Carbon Limited Unlisted Shares
India Carbon Limited (Unlisted)

Verified Unlisted CompanyOff-market Transfer · NSDL / CDSL
About India Carbon Limited Unlisted Shares
India Carbon Limited is one of the leading manufacturers of Calcined Petroleum Coke (CPC) and Coal Tar Pitch in India. The company caters to the aluminum, steel, and graphite industries with high-quality carbon products. It operates manufacturing facilities in Assam and has a strong presence in the domestic and international markets.
Share Details
| company Name | India Carbon Limited (Unlisted) |
| indicative Unlisted Share Price | ₹1119 |
| market Capitalization | ₹237 Crore |
| lot Size | 100 |
| 52 Week High | ₹895 |
| 52 Week Low | ₹895 |
| face Value | ₹10 |
| book Value | 2055.28 |
| pe Ratio | N/A |
| pb Ratio | 0.44 |
| debt To Equity | 0.1 |
| return On Equity | -2.43 |
| total Outstanding Shares | 2650000 |
| isin | Not Available |
| depository | NSDL & CDSL |
| pan | AAACB184L |
| cin | L23101AS1961PLC001173 |
| rta | C B Management Services |
Income Statement (Profit & Loss) (₹ in Crore)
| Particulars | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | 438 | 566 | 420 | 178 |
| Cost of Material Consumed | 357 | 501 | 308 | 136 |
| Change in Inventory | -59 | -35 | 62 | 17 |
| Gross Margins | 36.65 | 33.18 | 82 | 12.17 |
| Employee Benefit Expenses | 19 | 12 | 11 | 12 |
| Other Expenses | 40 | 53 | 4.5 | 36 |
| EBITDA | 21.03 | 5.85 | -0.95 | -18.14 |
| Other Income | 20 | 10.65 | 37 | 16 |
| Finance Cost | 1 | 7 | 6 | 1.7 |
| PBT | 116 | 31 | 27 | -11 |
| Tax | 35 | 10 | -5 | -2 |
| PAT | 81 | 24 | 30 | -7.13 |
| EPS | 31.54 | 90.57 | 113.21 | -49.06 |
Key Financial Ratios (Last 3–5 Years)
| Ratio | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Operating Profit Margin (%) | 21.92 | 5.83 | -0.95 | -23.16 |
| Net Profit Margin (%) | 17.36 | 4.24 | 7.14 | -7.48 |
| Earning Per Share (Diluted) | 31.54 | 90.57 | 113.21 | -49.06 |
Financial Annual Report Summary
India Carbon Limited has shown fluctuating revenue with marginal profitability. The company maintains a strong balance sheet with very low debt and high book value per share.
Why Invest in India Carbon Limited
- Very low debt (D/E = 0.1).
- Extremely high book value per share (₹2055).
- Fluctuating profitability due to raw material price volatility.
Balance Sheet - Assets (₹ in Crore)
| Item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Fixed Assets | 14 | 15 | 19 | 19 |
| CWIP | 5 | 7 | 6 | 3 |
| Investments | 207 | 204 | 361 | 469 |
| Trade Receivables | 60 | 48 | 18 | 9 |
| Inventory | 161 | 272 | 82 | 60 |
| Other Assets | 70 | 78 | 75 | 24 |
| Total Assets | 537 | 582 | 533 | 607 |
Balance Sheet - Liabilities & Equity (₹ in Crore)
| Item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Share Capital | 2.65 | 2.65 | 2.65 | 2.65 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 435 | 431 | 510 | 532 |
| Borrowings | 58 | 115 | 0 | 0 |
| Trade Payables | 28 | 5.5 | 3 | 5 |
| Other Liabilities | 15.4 | 27.75 | 8.35 | 15.35 |
| Total Liabilities | 537 | 582 | 533 | 607 |
Liabilities Breakdown & Balance Sheet Insights
Balance Sheet Insights
Extremely strong equity base with negligible debt. High reserves reflecting accumulated profits.
Liabilities Breakdown
Debt to Equity ratio of 0.1 (Almost debt-free).
Additional Insights
Very healthy and conservative balance sheet with high liquidity and minimal leverage.
Cash Flow Insights
- Positive operating cash flow in FY24.
- Low capex requirements.
Shareholding Pattern
Recent
Promoter: Not Available
Institutional: Not Available
Public: Not Available
Promoters & Management
Promoter-driven company with decades of experience in carbon products manufacturing.
Key Management
Not Available on page
Registrar & Transfer Agent (RTA)
Registrar: C B Management Services
Website: https://www.cbmsl.com/
Management Analysis
Focus on maintaining quality standards in CPC and Coal Tar Pitch production while optimizing costs in a volatile commodity environment.
Frequently Asked Questions About India Carbon Limited Unlisted Shares
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