Nilachal Carbo Metalicks Limited, Est. 2003, has continued to strive and create a specialized space in the manufacturing of FAP grade Ultra & Low Phosphorus – Low Ash Metallurgical Coke. Today, with years of experience in the industry the company have built robust supply chain relationships with all major Ferro Chrome manufacturers as the leading manufacturers and suppliers of high-quality coke products.

The management team is well experienced in the industry in which the company are operating and has been responsible for the growth of our operations and financial performance. Their Promoter and Managing Director, Mr. Bibhu Datta Panda lead the Company with his vision. Having experience of more than 20 years in the coal and coke industry, he looks after the strategic business operations. The strength and entrepreneurial vision of the Promoter and management have been instrumental in driving the growth and implementing the strategies.

The Revenues from operations for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 20,278.89 Lakhs, ₹ 26,712.65 Lakhs and ₹ 26,845.98 Lakhs. The EBITDA for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 2,712.97 Lakhs, ₹ 2,498.05 Lakhs and ₹ 2,231.98 Lakhs. The Profit after Tax for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 1,401.57 Lakhs, ₹ 1,581.81 Lakhs and ₹ 1,481.68 Lakhs respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue EPS of ₹ 6.28 and post-issue EPS of ₹ 5.62 for FY24. The pre-issue P/E ratio is 13.54x, while the post-issue P/E ratio is 15.12x against the Industry P/E ratio is 264x. The company's ROCE for FY24 is 22.74%, ROE for FY24 is 17.90% and RoNW is 17.90%. These metrics suggest that the IPO is fairly priced.

The Grey Market Premium (GMP) of Nilachal Carbo Metalicks showing listing gains of 0.00 %.Given the company's financial performance and the valuation of the IPO, we recommend Investors to Avoid to the Nilachal Carbo Metalicks Limited IPO for Listing gain.

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About the Author
CA Abhay Kumar (Also known as  CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms.