The major trends, advance materials which well known for better weight to strength ratio are on demand. The carbon fiber composites materials are copse to advance material those categories, satisfying modern design requirements and application range from domestic appliances to aerospace, however, the cost of production is major concern in development of composite materials. In the present studies the wax cylinders are used as foaming agent and get evaporated after sintering and leaves pores structure. The composites were developed using hand lay-up method. Investigation was carried out to understand the mechanical property, machining behaviors while drilling and microstructure observation of developed composite. It is observed that, developed composite greatly absorbing impact load and found marginal delimitation. The microstructure observation shows that, there is no dislodge bond between the fibers.