Bigul

PUNJAB ALKALIES & CHEMICALS LTD. - 506852 - Announcement under Regulation 30 (LODR)-Change of Company Name

We are pleased to inform that the Registrar of Companies, Chandigarh has approved our application and has granted a fresh Certificate of Incorporation dated 19th December, 2022, pursuant to change of name from 'Punjab Alkalies & Chemicals Limited' to 'Primo Chemicals Limited'. The copy of the said certificate is enclosed herewith. Kindly take the above mentioned information on records.
19-12-2022
Bigul

PUNJAB ALKALIES & CHEMICALS LTD. - 506852 - Announcement under Regulation 30 (LODR)-Investor Presentation

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to enclose the Investor Presentation of the Company.
03-11-2022
Bigul

Q2FY23 Quarterly Result Announced for Punjab Alkalies & Chemicals Ltd.

Punjab Alkalies & Chemicals announced Q2FY23 results: Revenue from Operations of Rs. 1,857 million, growth of 113% YoY from Rs. 870 million in Q2 FY23 Revenue growth was primarily driven by better realization of caustic soda pricing and global economic and political scenario lead by increase in demand and volume of CSL. Caustic soda lye sales contributed 97% to the Q2 FY23 sales with capacity utilization of 94%. The caustic soda volumes grew by 26% YoY from 26,872 MT to 33,995 MT driven by consistent demand from key end-user industries. EBITDA of Rs. 614 million compared to (374) million in same quarter last year EBITDA growth was driven by robust increase in revenue and higher operational efficiencies. In Q2 FY23, PACL registered EBITDA margins of 31.6% despite the rise in input costs. Net Profit of Rs. 418 million, compared to Rs. (373) million in Q2 FY22 Net Profit margins improved to 21.5% as compared to (41.7%) in Q2 FY22. Commenting on the results, Mr. Naveen Chopra, Managing Director, said: “I am pleased to announce that PACL continues to maintain its growth momentum in the second quarter amidst volatile economic scenario. This strong performance was driven by increase in sales volume and better realizations. The revenue from operation remained at Rs.1,857 million for the quarter with growth of 113% year on year. EBITDA for the period remained at Rs. 614 million with superior margins of 31.6%. Net Profit was Rs. 418 million, compared to Rs. (373) million in Q2 FY22 with margins of 21.5% and (41.7%) respectively. This performance is in line with our future growth objective through Strategic Initiatives of Capacity expansion, process optimization, product portfolio expansion and efficient costing. On update of our multiple expansion plans, 35 MW Power Plant, SBP (Stable Bleaching Powder) Plant, Caustic Flaker Unit and Aluminium Chloride project are under progress as per schedule. Hydrogen Peroxide Plant is under pipeline. Paracetamol API manufacturing project is at Environment clearance stage, which will be a mega project in the history of the company. These projects will enable us to reduce our energy costs and help us to increase our chlorine consumption (in line with our forward integration strategy) which is a key raw material thereby increasing the production of Caustic Soda. These projects shall have positive impact on company’s topline and thereby increase profitability by Q4FY23 onwards. The world economy continued to face significant pressure because of the food security, energy pricing and supply chain disruptions associated with ongoing war in the Ukraine. Despite all this external influence we remain confident in our product offerings and cost-efficient business model. Our recent developments across the business and upcoming developments will strongly position PACL within the industry. Customer satisfaction remains our key focus area through which we can build long term relationship and expand our product offerings efficiently. We remain committed to using eco-friendly, costeffective technology and safest practices at our plants leading us to sustainable business growth going forward”. Result PDF
02-11-2022
Bigul

PUNJAB ALKALIES & CHEMICALS LTD. - 506852 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Press Release on the Unaudited Financial Results for the quarter and half year ended September, 2022.
01-11-2022
Bigul

PUNJAB ALKALIES & CHEMICALS LTD. - 506852 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Press Release on the Unaudited Financial Results for the quarter and half year ended September, 2022.
01-11-2022
Bigul

PUNJAB ALKALIES & CHEMICALS LTD. - 506852 - Announcement under Regulation 30 (LODR)-Newspaper Publication

In continuation of communication dated 29th October, 2022 (vide Letter PACL:SEC:2022:1874) please find enclosed copies of the newspaper advertisements published today i.e. 1st November, 2022 in Times of India and Amar Ujala requesting shareholders to register their e-mail addresses in connection with Postal Ballot.
01-11-2022
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