Incorporated in 1995, Pondy Oxides and Chemicals Ltd (POCL) manufactures Lead Metal and Alloys and other Non-ferrous metals. POCL is in the metallic and non-metallic recycling industry as India's largest secondary Lead manufacturer in Lead Alloys. The company has established itself as a pioneer in the metal recycling sector, transforming various forms of scrap materials into high-quality metal products.
Pondy Oxides and Chemicals Limited is an India-based company, which is engaged in producing lead, lead alloys and plastic additives. The principal activities of the Company are converting lead scraps of various forms into lead metal and alloys. The company operates through sophisticated smelting processes that convert waste materials into valuable metal products, contributing significantly to India's circular economy.
The company's primary business revolves around metal recycling and manufacturing. It carries out smelting of Lead Battery scrap to produce secondary lead metal, which is further transformed into Pure lead and Specific Lead Alloys. Company converts scraps of various forms of Lead, Aluminium, and Copper into Lead Metal, Aluminium Metal, Copper, and its Alloys.
Its core product, lead and lead alloys, is mainly used in making lead-acid batteries. The company also diversifies its product portfolio by manufacturing zinc metal and zinc oxide, expanding its presence in the non-ferrous metals segment. Its products include lead, tin, aluminum, copper and plastic. The lead includes lead alloys, master alloys and babbit alloys. The lead alloys include calcium alloys, antimony alloys, antimony alloys and high antimony alloys.
Its product lead is used for radiation shielding, ammunition, roofing sheets, extruded products, solders in the electronics, plumbing, and automotive industries. The company has successfully established its presence in international markets, with its products exported to international customers mainly to the Asian region, such as Japan, South Korea, Thailand and the Middle East.
For FY25, the sales mix between domestic and export markets stood at 34% and 66%, respectively. This export-heavy business model demonstrates the company's competitive positioning in global markets and its ability to meet international quality standards.
Pondy Oxides has delivered its best-ever performance in FY25, achieving record Revenue, EBITDA, and PAT, with growth of 33%, 39%, and 65%, respectively. Revenue reached INR 2028 crore on a standalone basis, up by 33% year on year.
On a quarterly basis, revenue from operations jumped 44.55% YoY to Rs 516.63 crore in the quarter ended 31 March 2025. The company's standalone net profit surged 46.52% to Rs 18.01crore in Q4 FY25 as against Rs 12.30 crore posted in Q4 FY24.
- FY25 Revenue: INR 2,028 Crore
- FY25 Profit (PAT): INR 65.1 Crore
- FY25 EBITDA Growth: Increased by 39% annually
- FY25 EBITDA Margin: Stood strong at over 5%
- FY25 Production of Lead: Increased by 30% to 94,115 metric tons annually
- Q4 FY25 Revenue: INR 516.63 Crore (up 44.55% YoY)
- Q4 FY25 Net Profit: INR 18.01 Crore (up 46.52% YoY)
- Market Capitalization: ₹ 2,658 Crore (as of recent trading sessions)
- Promoter Holding: 39.9%
Market Cap stands at ₹ 2,658 Crore as of recent trading sessions. The company has shown impressive stock performance, with share price moving up by 112.78% over the last 12 months on BSE. The company's 52-week high share price is Rs 1,191.03 and 52-week low share price is Rs 289.53.
The company has been actively expanding its operations through strategic acquisitions and capacity additions.
- The Company set up operations of an Aluminum Recycling / Melting Facility at Sriperumbudur factory, in Tamil Nadu in FY 2022-23.
- It commenced commercial production by installing plant and machinery effective December 14, 2022.
- On March 6, 2023, the Equity Shares of the Company got listed on the BSE.
- During the FY 2022-23, it acquired two subsidiaries: M/s POCL Enterprises Ltd (Formally known as M/s Baschem Pharma Limited) and M/s.Lohia Metals Pvt Ltd.
POCL is firmly on track to achieve its Target 2030 focusing on capacity expansion, 15%+ volume growth, 20%+ revenue CAGR, enhanced margins, and increased contribution from value-added products. The company is optimistic about future growth, projecting a 15% CAGR over the next 3 to 5 years, supported by enhanced production capabilities and a focus on value-added products.
- Phase one of the lead production capacity expansion, adding 36,000 metric tons per annum, commenced commercial production in Q1 FY26.
- The company also successfully raised INR 175 crores through qualified institutional placement to finance capital expenditure and working capital requirements.
Pondy Oxides And Chemicals Ltd announced the highest ever dividend of 70%, continuing a streak of over 29 years of consistent dividend payments. This demonstrates the company's commitment to returning value to shareholders while maintaining financial discipline.
The chairman of the company is Anil Kumar Bansal, and the managing director is Ashish Bansal. Promoter Holding stands at 39.9%, indicating strong promoter commitment to the business.
While challenges such as high inventory levels and fluctuating aluminum prices persist, management remains confident in their risk management strategies and long-term contracts that secure 90% of sales. The company's strong operational performance, strategic expansion plans, and focus on value-added products position it well for sustained growth in India's evolving metal recycling industry.
