| Market Cap (cr): | ₹ 121Cr. | Book Value: | ₹ 181.2 |
|---|---|---|---|
| Lot Size: | 100 | 52 Week High: | ₹ 550 |
| 52 Week Low: | ₹ 265 | EPS: | 29.85 |
| Demat Account: | PB: | 2.4 | |
| Face Value: | 10 | Debt To Equity: | 0.02 |
| No Of Shares: | 0.28Cr. | Url: | https://assamcarbon.in/ |
Overview :
Key Takeaways
- Assam Carbon Products Limited was incorporated on 17 April 1963 — over six decades of manufacturing history in carbon and graphite products.
- Registered office: Birkuchi, Narengi Chandrapur Road, Narengi, Guwahati – 781026, Assam. The company also operates from Patancheru, Medak district, Telangana (Plot No. 2, Industrial Development Area, Phase-1).
- ISIN: INE496C01018. Management includes members of the Himatsingka family — Maalika Himatsingka, Anita Himatsingka and R. Himatsingka — alongside Subhendu Chakraborty, Kali Krishna Bhattacharya, A. Saikia, SK Lhila and Rupanjana De.
- Core products: carbon brushes (for electric motors and generators), parts of railway and tramway locomotives and rolling stock, and components for air and vacuum pumps, gas compressors and fans.
- Auditors have included BSR & Co, BSR & Co LLP and D Basu & Co — Big Four-affiliated audit is a meaningful governance credential for an unlisted company.
Company Overview & Fundamentals
| Parameter | Details |
|---|---|
| Company Name | Assam Carbon Products Limited |
| Incorporated | 17 April 1963 |
| Registered Office | Birkuchi, Narengi Chandrapur Road, Narengi, Guwahati – 781026, Assam |
| Second Location | Plot No. 2, Industrial Development Area, Phase-1, Patancheru, Medak – 502319, Telangana |
| ISIN | INE496C01018 |
| Industry | Carbon Brushes, Graphite and Carbon Products |
| Registrars | ACC Ltd |
| Auditors | BSR & Co, BSR & Co LLP, D Basu & Co |
| Associated Company | India Carbon Limited (Himatsingka family) |
Management
| Person |
|---|
| Maalika Himatsingka |
| Anita Himatsingka |
| R. Himatsingka |
| Subhendu Chakraborty |
| Kali Krishna Bhattacharya |
| A. Saikia |
| SK Lhila |
| Rupanjana De |
What Assam Carbon Products Makes
1. Carbon Brushes — the core product Carbon brushes are the components that conduct electrical current between the stationary and rotating parts of electric motors, generators, alternators and traction equipment. They are consumable — they wear down through use and must be replaced periodically.
2. Railway and Locomotive Components The company supplies parts of railway or tramway locomotives and rolling stock (HSN 86079100) — a category directly linked to Indian Railways’ operations and its ongoing electrification and modernisation programme.
3. Industrial Equipment Parts Components for air and vacuum pumps, air and gas compressors, fans and ventilating equipment (HSN 84149090).
4. Other carbon and graphite products across industrial applications.
Why the Carbon Brush Business Is Structurally Attractive
- Consumable economics. Carbon brushes wear out and require replacement — generating recurring aftermarket revenue independent of new equipment sales. This is the same attractive dynamic as filters or industrial consumables.
- Railway exposure. Indian Railways is the world’s fourth-largest rail network, undergoing sustained electrification and locomotive fleet expansion. Every electric locomotive and EMU requires traction carbon brushes.
- Qualification barriers. Railway and industrial equipment suppliers must be approved through extended testing — approvals are difficult to obtain and rarely changed.
- Broad industrial base. Motors and generators exist in every factory, power plant, mine and mill in the country.
Why Consider Assam Carbon Products Unlisted Shares?
- 60+ years of operating history since 1963
- Consumable product economics — recurring replacement demand
- Indian Railways exposure — electrification and fleet expansion drive traction component demand
- Two manufacturing locations — Guwahati (Assam) and Patancheru (Telangana), providing North-East and South India presence
- Big Four-affiliated auditors (BSR & Co, part of the KPMG network) — a genuine governance credential
- Established promoter family — the Himatsingkas, also associated with India Carbon Limited
- Diversified industrial applications — railways, motors, generators, compressors, pumps and fans
Risks to Consider — Read Carefully
- Verify the current trading status before you transact. Public sources show inconsistent information about the company’s exchange listing and price. Call Arms Securities at +91-8882245112 to confirm the current position before paying.
- Limited financial disclosure. Detailed audited figures are not consistently available in the public domain. Some sources report a quarterly gross sales figure of ₹439.3 crore and total income of ₹478.71 crore, but the reporting basis and period are unclear. Do not rely on figures from aggregator sites — request the actual annual report.
- Customer concentration in railways and large industrial buyers gives customers significant negotiating power and can create long payment cycles.
- Raw material dependence on carbon, graphite and binder materials with volatile pricing.
- Technology transition risk — brushless DC motors are replacing brushed motors in some applications, structurally reducing carbon brush demand over the long term. This is a genuine long-run consideration; ask about product diversification.
- Small-cap scale with limited capacity to absorb shocks.
- Geographic risk — the Assam location, while historically established, presents logistics and connectivity considerations.
- Thin OTC liquidity.
How to Buy or Sell from Arms Securities
Call/WhatsApp +91-8882245112 → we confirm current trading status and share available financials → confirm price and lot → share CMR → pay via NEFT/RTGS → shares credited in 24–48 hours (ISIN INE496C01018).
Holding old Assam Carbon shares or physical certificates? We buy, and we handle physical certificates and transmission cases. Call with your details.
FAQs
What is the current price of Assam Carbon Products shares?
Public sources show inconsistent pricing and status information for this company. Call Arms Securities at +91-8882245112 to confirm the current trading status and price before transacting — we would rather give you accurate information than complete a trade on unclear data.
When was Assam Carbon Products incorporated?
17 April 1963 — over six decades ago. Its registered office is at Birkuchi, Narengi Chandrapur Road, Narengi, Guwahati – 781026, Assam, and it also operates from Patancheru in Medak district, Telangana.
What does Assam Carbon Products manufacture?
Carbon brushes for electric motors, generators and traction equipment; parts of railway and tramway locomotives and rolling stock; and components for air and vacuum pumps, gas compressors and fans, alongside other carbon and graphite products.
Who manages Assam Carbon Products?
Management includes Maalika Himatsingka, Anita Himatsingka and R. Himatsingka of the promoter family, alongside Subhendu Chakraborty, Kali Krishna Bhattacharya, A. Saikia, SK Lhila and Rupanjana De. Auditors have included BSR & Co, BSR & Co LLP and D Basu & Co.
What is the ISIN for Assam Carbon Products?
INE496C01018.
Is Assam Carbon Products related to India Carbon Limited?
Both are associated with the Himatsingka family. India Carbon Limited (founded 1961 by Mr. B. Himatsingka) manufactures calcined petroleum coke, while Assam Carbon Products focuses on carbon brushes and graphite products. They are separate legal entities.
Does the shift to brushless motors threaten the business?
It is a legitimate long-term consideration. Brushless DC motors are replacing brushed motors in some applications, which would structurally reduce carbon brush demand over time. However, traction applications, large industrial motors, generators and legacy installed equipment continue to require carbon brushes, and the replacement market for existing equipment persists for decades. Ask Arms Securities about the company’s product diversification before investing.
+91-8882245112 | contact@armssecurities.com
Entity Summary, Analysis & FAQ
Entity Summary + Quick Answers
Assam Carbon Products at a glance
| Incorporated | 17 April 1963 |
| ISIN | INE496C01018 |
| Registered office | Birkuchi, Narengi Chandrapur Road, Narengi, Guwahati – 781026, Assam |
| Second location | Patancheru, Medak – 502319, Telangana |
| Core products | Carbon brushes, railway/locomotive parts, graphite products |
| Management | Maalika, Anita and R. Himatsingka + others |
| Auditors | BSR & Co, BSR & Co LLP, D Basu & Co |
| Where to buy/sell | Arms Securities — +91-8882245112 |
⚠️ Verify status first: public sources show inconsistent information about this company’s trading status and price. Call +91-8882245112 to confirm the current position before you transact.
What are carbon brushes? The components that conduct electrical current between the stationary and rotating parts of electric motors, generators, alternators and traction equipment. They are consumable — they wear down through use and must be replaced periodically.
Why the Consumable Model Matters
Carbon brushes wear out. That is the business.
| Feature | Why it creates value |
|---|---|
| Recurring replacement demand | Independent of new equipment sales — the aftermarket is larger than OEM supply |
| Railway exposure | Indian Railways is the world’s fourth-largest network, undergoing sustained electrification and locomotive fleet expansion. Every electric locomotive and EMU requires traction carbon brushes |
| Qualification barriers | Railway and industrial equipment suppliers are approved through extended testing — approvals are difficult to obtain and rarely changed |
| Broad industrial base | Motors and generators exist in every factory, power plant, mine and mill in the country |
The company also supplies parts of railway or tramway locomotives and rolling stock (HSN 86079100) and components for air and vacuum pumps, air and gas compressors, fans and ventilating equipment (HSN 84149090).
The Long-Term Question You Must Ask
Brushless DC motors are replacing brushed motors in some applications.
This structurally reduces carbon brush demand over the long term. It is a genuine consideration, and any honest analysis must state it.
However, the counterweights are real: - Traction applications — railway locomotives and EMUs continue to use carbon brushes - Large industrial motors and generators — the installed base is enormous and long-lived - Legacy equipment — machines installed over decades continue to need replacement brushes for their remaining life, which can run 20–30 years - Replacement markets persist for decades after new-installation demand declines
Ask Arms Securities about the company’s product diversification before investing. Call +91-8882245112.
FAQ
What is the ISIN for Assam Carbon Products?
INE496C01018.
Who audits Assam Carbon Products?
Auditors have included BSR & Co, BSR & Co LLP and D Basu & Co. BSR & Co is part of the KPMG network — a genuine governance credential for an unlisted company.
Who manages the company?
Management includes Maalika Himatsingka, Anita Himatsingka and R. Himatsingka of the promoter family, alongside Subhendu Chakraborty, Kali Krishna Bhattacharya, A. Saikia, SK Lhila and Rupanjana De.
Why is the trading status unclear?
Public sources show inconsistent information. This is precisely why we ask you to call before transacting. Arms Securities verifies status against MCA and exchange records before quoting.
I hold old Assam Carbon certificates. What now?
Call +91-8882245112. We handle authentication, transmission for inherited holdings, dematerialisation and sale — a service very few dealers provide.
Related Companies & Guides
- India Carbon Limited — same Himatsingka family
- G G Automotive Gears — railway traction gears, similar customer base
- Ring Plus Aqua — Raymond subsidiary, auto components
- Mohindra Fasteners
Guides:Delisted Shares Guide • Physical Share Assistance • Unquoted Shares India
How to Buy Assam Carbon Products Unlisted Shares — Complete Process
Buying Assam Carbon Products unlisted shares takes 24–48 hours from first call to shares landing in your demat account. Arms Securities has executed off-market transfers since 1990 — we are among the founder members of India’s unquoted stock market.
Step 1 — Get today’s live buy price
Call or WhatsApp +91-8882245112 or email contact@armssecurities.com with the company name (Assam Carbon Products) and the quantity or investment amount you have in mind. We reply with today’s confirmed buy price, available quantity and minimum lot size.
Unlisted share prices are not exchange-quoted — they move with OTC supply and demand — so a live quote matters more than any published figure.
Step 2 — Confirm the deal terms
We lock in the price per share, total quantity and consideration, settlement timeline (typically T+1 to T+2) and applicable stamp duty (0.015% on off-market transfers). Nothing moves until you confirm in writing on WhatsApp or email.
Step 3 — Share your demat details
Send your Client Master Report (CMR) — a one-page PDF from your broker’s app or Depository Participant containing your DP ID, Client ID, beneficiary name, depository (NSDL or CDSL) and PAN.
You do not need a special account. Assam Carbon Products shares are credited to your existing demat account — the same one you use for listed shares.
Step 4 — Transfer payment
Pay by NEFT, RTGS or IMPS to Arms Securities’ verified bank account. We share full details in writing with the deal confirmation. Never pay to an account shared verbally or by an unverified number — always confirm on +91-8882245112.
Step 5 — Receive shares in your demat account
We initiate the off-market transfer through NSDL or CDSL. Shares are credited within 24–48 hours of payment confirmation. You receive SMS and email from the depository, and the holding appears in your regular demat statement.
Documents required to buy Assam Carbon Products shares
| Document | Format | Notes |
|---|---|---|
| PAN Card | Scan or photo | Mandatory for all securities transactions |
| Client Master Report (CMR) | PDF from your DP | Contains DP ID, Client ID, beneficiary details |
| Aadhaar / Address Proof | Scan or photo | For KYC |
| Cancelled Cheque | Scan or photo | Bank account verification |
| Payment Confirmation | UTR / screenshot | After NEFT/RTGS transfer |
Everything can be submitted digitally on WhatsApp or email. No physical paperwork, no courier, no branch visit.
Minimum investment in Assam Carbon Products shares
Minimum investment depends on the prevailing price and the minimum lot available at that moment — both change. Call +91-8882245112 for today’s exact minimum. For allocations above ₹10 lakh, see our bulk unlisted share transactions service.
Is it legal and safe to buy Assam Carbon Products unlisted shares?
Yes — trading in unlisted shares is completely legal in India.
| Safeguard | How it works |
|---|---|
| Official depository system | Every transfer runs through NSDL or CDSL — the same infrastructure that settles listed shares |
| Your own demat account | Shares are credited directly in your name. Nothing is held on your behalf by us |
| Audit trail | The depository generates an electronic record of every transfer |
| Stamp duty compliance | 0.015% collected by the depository under the Indian Stamp Act 2019 |
| PAN-linked | All holdings are reported against your PAN for tax purposes |
One caution: SEBI has warned investors against unauthorised electronic platforms offering unlisted securities. Deal only with established intermediaries who settle through the depository system and who you can speak to on a phone number.
Buy Assam Carbon Products shares — call/WhatsApp +91-8882245112
Related: buy unlisted shares in India • off-market share transfer • our transfer procedure • how to buy unlisted shares — step-by-step guide
Sell Your Assam Carbon Products Unlisted Shares — We Buy
Arms Securities buys Assam Carbon Products unlisted shares. If you hold them and want to exit, we provide a firm bid, handle the entire transfer, and pay by NEFT/RTGS within 24 hours of receiving the shares.
We buy in every format
| You hold | How we handle it |
|---|---|
| Demat shares | Standard off-market transfer via DIS — fastest route |
| Physical share certificates | Authentication, valuation, transfer deed or dematerialisation |
| Inherited shares | Full transmission support — name transfer from the deceased holder |
| Bulk blocks | Large quantities executed discreetly with preferential pricing |
| NRI holdings | FEMA-compliant documentation and repatriation guidance |
Why sellers come to Arms Securities
Most brokers cannot help you. Your regular stockbroker can only trade listed shares on the exchange. Unlisted shares have no exchange — you need a dealer with an actual buyer network.
We have been that dealer since 1990. We are among the founder members of India’s unquoted stock market, we deal in physical certificates that most modern platforms refuse to touch, and we maintain a standing book of HNI and institutional buyers across 15+ states.
How to sell Assam Carbon Products shares — step by step
Step 1 — Tell us what you hold. Call/WhatsApp +91-8882245112 with the company name, quantity, and whether your shares are in demat or physical form.
Step 2 — Receive our bid. We quote a firm buy price based on current OTC demand. No obligation.
Step 3 — Submit documents.
For demat holdings: Demat account statement / Client Master Report • PAN card copy • Cancelled cheque • Delivery Instruction Slip (DIS)
For physical certificates: Original share certificates • PAN card copy • Address proof • Cancelled cheque • Transfer deed (Form SH-4) • If inherited: death certificate, succession certificate or legal heir documents
Step 4 — Transfer the shares. Demat: Submit a DIS to your DP transferring shares to Arms Securities — A/C 11323830, DP ID IN302365, DP: Shri Parasram Holdings Pvt. Ltd. You can also execute online via CDSL Easiest or NSDL Speed-e. Physical: Courier the certificates with signed transfer deed. We guide you through the exact process.
Step 5 — Receive payment. On confirmation of share receipt, we release payment by NEFT or RTGS — typically within 24 hours.
Selling inherited or old Assam Carbon Products share certificates
This is our specialism, and very few dealers in India offer it.
If you have found old Assam Carbon Products share certificates among family papers — perhaps belonging to a parent or grandparent — you likely have a valid, transferable asset.
- Do not discard them. Old certificates frequently retain real value.
- Photograph them and send to +91-8882245112. We verify authenticity and current status at no cost.
- We check the company’s position — active, merged, renamed, delisted or dissolved — and tell you honestly what your holding represents today.
- If the shares have value, we quote and buy. If not, we explain the position and the capital-loss tax set-off available to you.
Full physical share certificate guide →
Tax when you sell Assam Carbon Products unlisted shares
| Holding Period | Classification | Tax Rate |
|---|---|---|
| More than 24 months | Long-Term Capital Gain (LTCG) | 20% with indexation benefit |
| 24 months or less | Short-Term Capital Gain (STCG) | Your applicable income slab rate |
- No STT (Securities Transaction Tax) applies to unlisted share transactions
- Stamp duty of 0.015% applies on off-market transfers, collected by the depository
- For inherited shares, the holding period includes the original owner’s period — often making gains long-term automatically
- For NRIs, TDS provisions apply; we guide on documentation
If the shares later list, post-listing tax treatment changes to listed-share rules (12-month LTCG threshold), with the holding period counted from your original purchase date.
Complete tax guide on unlisted shares • Capital gains tax on unlisted shares
Consult a Chartered Accountant for your specific situation.
Sell your Assam Carbon Products shares — call/WhatsApp +91-8882245112 for a firm bid
Related: sell unlisted shares in India • physical & demat share assistance
Trust & Contact Block
Why Buy and Sell Assam Carbon Products Shares Through Arms Securities?
| Arms Securities | Typical online platform | |
|---|---|---|
| Years in business | 35+ years (since 1990) | 3–8 years |
| Market standing | Founder member of India’s unquoted stock market | Recent entrant |
| Physical certificates | ✅ Full handling — authentication, transmission, demat | ❌ Usually refused |
| Delisted / suspended shares | ✅ Specialism | ❌ Not offered |
| Inheritance / transmission | ✅ Complete support | ❌ Not offered |
| We buy as well as sell | ✅ Two-way market | ⚠️ Often buy-side only |
| Direct phone access | ✅ Speak to a dealer | ⚠️ Ticket systems |
| HNI clients served | 2,300+ | — |
| Geographic reach | 15+ states | — |
Our pre-IPO track record
Arms Securities identified and supplied pre-IPO shares in companies that became genuine multibaggers for our clients:
DLF • D-Mart (Avenue Supermarts) • Nazara Technologies • LUX Industries • ISGEC Heavy Engineering • L&T Infotech (now LTIMindtree)
The full 35-year Arms Securities story • Arms Securities vs UnlistedZone • ⭐ Client success stories
Contact: +91-8882245112 (Call/WhatsApp) • +91-9899131155 • +91-11-47000023 contact@armssecurities.com • www.armssecurities.com Mon–Fri 9:30–18:00 • Sat 10:00–14:00
Related guides: What are unlisted shares in India • Best unlisted shares to buy in 2026 • Full unlisted share price list • Unlisted shares FAQ • Contact Arms Securities
Key Financials
Profit & Loss
| (In Rs. Crore) | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 62.64 | 54.89 | 47.05 | 41.41 | 48.44 | 51.27 |
| Growth % | 14.11% | 16.68% | 13.61% | -14.52% | -5.51% | 0 |
| Operating Expenses | 51.50 | 45.98 | 39.80 | 34.54 | 36.24 | 44.52 |
| Growth % | 12.01% | 15.53% | 15.23% | -4.69% | -18.61% | 0 |
| Operating Profit | 11.14 | 8.91 | 7.25 | 6.87 | 12.21 | 6.75 |
| Op. Profit Margin % | 17.78% | 16.24% | 15.41% | 16.60% | 25.20% | 13.16% |
| Other Income | 1.68 | 1.89 | 3.37 | 1.13 | 1.09 | 1.21 |
| Finance Costs | 0.10 | 0.11 | 0.63 | 0.93 | 0.71 | 0.04 |
| Depreciation | 1.16 | 1.16 | 1.16 | 1.65 | 1.78 | 1.57 |
| Profit Before Tax | 11.55 | 9.54 | 8.83 | 5.42 | 10.80 | 6.34 |
| Tax | 3.32 | 3.20 | 2.52 | 1.32 | 2.95 | 1.29 |
| Tax % | 28.78% | 33.59% | 28.59% | 24.38% | 27.30% | 20.34% |
| Profit After Tax | 8.23 | 6.33 | 6.30 | 4.10 | 7.85 | 5.05 |
| Growth % | 29.87% | 0.48% | 53.75% | -47.76% | 55.38% | 0 |
| PAT % | 13.13% | 11.54% | 13.40% | 9.90% | 16.20% | 9.85% |
| Diluted EPS | 29.85 | 22.99 | 22.88 | 14.88 | 28.48 | 18.33 |
BalanceSheet:
| (In Rs. Crore) | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|
| Equity Capital | 2.76 | 2.76 | 2.76 | 2.76 | 2.76 | 2.76 |
| Reserves | 47.19 | 39.58 | 32.35 | 25.81 | 21.94 | 10.90 |
| Total Equity | 49.94 | 42.33 | 35.11 | 28.57 | 24.70 | 13.66 |
| Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Provisions | 0.74 | 1.18 | 1.63 | 2.94 | 2.77 | 2.95 |
| Deferred Tax Liability | 0.73 | 0.63 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Non Current Liabilities | 1.47 | 1.81 | 1.63 | 2.94 | 2.77 | 2.95 |
| Borrowings | 1.16 | 1.71 | 2.05 | 6.51 | 5.95 | 4.95 |
| Other Current Liabilities | 9.77 | 9.36 | 13.99 | 15.99 | 21.10 | 26.63 |
| Total Current Liabilities | 10.94 | 11.07 | 16.03 | 22.50 | 27.05 | 31.58 |
| Equity + Liabilities | 62.35 | 55.21 | 52.77 | 54.01 | 54.52 | 48.19 |
| Fixed Assets (incl. WIP) | 11.83 | 12.37 | 13.07 | 13.01 | 14.41 | 14.52 |
| Other Non Current Assets | 0.52 | 0.62 | 1.48 | 2.56 | 2.92 | 0.59 |
| Total Non Current Assets | 12.35 | 12.99 | 14.55 | 15.57 | 17.33 | 15.10 |
| Trade Receivables | 16.17 | 13.94 | 12.32 | 11.27 | 11.86 | 15.81 |
| Cash & Cash Equivalents | 10.94 | 5.60 | 5.19 | 4.03 | 1.38 | 1.41 |
| Other Current Assets | 22.90 | 22.68 | 20.72 | 23.13 | 23.95 | 15.87 |
| Total Current Assets | 50.01 | 42.22 | 38.23 | 38.44 | 37.19 | 33.09 |
| Total Assets | 62.35 | 55.21 | 52.77 | 54.01 | 54.52 | 48.19 |
Net Sales (in cr.)
Total Income (in cr.)
Operating Profit (in cr.)
Net Profit (in cr.)
Shareholder Funds (in cr.)
Total Assets (in cr.)
News
Frequently Ask Question
Have Your Any Question?
Open a Demat account and buy through Arms Securities, India’s trusted, fully compliant unlisted share broker.
Use the Delivery Instruction Slip (DIS) for off-market share transfers with assistance from Arms Securities for secure transactions.
For pre-IPO equities, a six-month lock-in after listing is mandated. No lock-in for regular OTC trades.
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DIS authorizes transfer of shares from seller’s demat to buyer’s demat account through the depository system.
Yes, through regulated intermediaries like Arms Securities.
Short-term gains (<24 months) taxed per income slab; long-term gains (≥24 months) taxed at 20% with indexation.
SEBI regulates intermediaries and settlement guidelines; share transfers comply with company law.
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