Pondy Oxides & Chemical
Pondy Oxides & Chemicals Ltd
- P/E
- 20.25
Key Fundamentals
MicrocapDiversified MetalsMetals & MiningPrice-based figures as of · EPS basis: Standalone · TTM
- ROCE
- 24.00%
- Debt to Equity
- 0.19
- EPS (TTM)
- ₹19.32
- Book Value
- ₹103.36
- Market Cap
- —
- P/E (TTM)
- 20.25
- P/B
- 3.79
- ROE
- 20.00%
- Dividend Yield
- 0.52%
- EBITDA
- ₹216 Cr
- 52W High
- ₹647.60
- 52W Low
- ₹372.80
- Volume
- 0
Peer Comparison
Commodities › Metals & Mining › Diversified Metals
| ₹257.35 | 5.11 | ₹95,844 Cr | 7.89 | 2.03% | 38.20% | 16.10% | ₹88,898 Cr | ₹28,556 Cr | |
| ₹280.00 | 26.82 | ₹9,493 Cr | 5.61 | 0.00% | 30.40% | 25.70% | ₹10,718 Cr | ₹360 Cr | |
| ₹391.30 | 20.25 | ₹2,963 Cr | 3.79 | 0.52% | 20.00% | 24.00% | ₹3,273 Cr | ₹148 Cr | |
| ₹47.19 | 18.88 | ₹1,445 Cr | 3.18 | 0.00% | 80.90% | 49.10% | ₹944 Cr | ₹62 Cr | |
| ₹304.65 | — | ₹375 Cr | 8.36 | 0.00% | 3.73% | 5.68% | — | — | |
| Median 5 companies | ₹280.00 | 19.57 | ₹2,963 Cr | 5.61 | 0.00% | 30.40% | 24.00% | ₹6,996 Cr | ₹254 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 100/100
Category scores
- Quality
- 46
- Average
- Returns, margins, earnings quality 22% weight
- Valuation
- 31
- Poor
- Cheap vs sector & own history 24% weight
- Growth
- 98
- Strong
- Sales & profit trajectory 9% weight
- Financial Health
- 81
- Strong
- Solvency, leverage, coverage 9% weight
- Momentum
- 12
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 71
- Strong
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
3- Company is expected to give good quarter
- Company has delivered good profit growth of 66.6% CAGR over last 5 years
- Company's median sales growth is 20.1% of last 10 years
Weaknesses
1- Promoter holding has decreased over last 3 years: -12.5%
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 12 | 5 | 2 |
| Oscillators | Neutral | 2 | 5 | 2 |
| Moving Averages | Strong Bearish | 10 | 0 | 0 |
Oscillators
Neutral
Overall
Strong Bearish
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 37.97
- Neutral
- MACD (12,26,9)
- −19.21
- Bearish
- SMA (50)
- 448.98
- Bearish
- SMA (200)
- 492.67
- Bearish
As of
Analyst Rating
1 of 1 analyst rates Buy, 0 Hold, 0 Sell.
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +20.22% |
|---|---|
| 5Y | +23.96% |
| 3Y | +25.92% |
| 1Y | +44.92% |
| TTM | +49.70% |
Net profit
| 10Y | +30.11% |
|---|---|
| 5Y | +66.08% |
| 3Y | +41.56% |
| 1Y | +113.85% |
| TTM | +89.74% |
Operating cash flow
| 10Y | Outflow widened by ₹44 Cr |
|---|---|
| 5Y | Outflow narrowed by ₹37 Cr |
| 3Y | Turned negative |
| 1Y | Outflow narrowed by ₹25 Cr |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +1.42 pp |
|---|---|
| 5Y | +4.82 pp |
| 3Y | +1.78 pp |
| 1Y | +2.03 pp |
| TTM | +1.32 pp |
Revenue by year
| Mar 2017 | ₹759 Cr |
|---|---|
| Mar 2018 | ₹940 Cr |
| Mar 2019 | ₹1,049 Cr |
| Mar 2020 | ₹1,220 Cr |
| Mar 2021 | ₹1,004 Cr |
| Mar 2022 | ₹1,455 Cr |
| Mar 2023 | ₹1,472 Cr |
| Mar 2024 | ₹1,526 Cr |
| Mar 2025 | ₹2,028 Cr |
| Mar 2026 | ₹2,939 Cr |
Net profit by year
| Mar 2017 | ₹28.00 Cr |
|---|---|
| Mar 2018 | ₹29.00 Cr |
| Mar 2019 | ₹34.00 Cr |
| Mar 2020 | ₹16.00 Cr |
| Mar 2021 | ₹11.00 Cr |
| Mar 2022 | ₹48.00 Cr |
| Mar 2023 | ₹49.00 Cr |
| Mar 2024 | ₹40.00 Cr |
| Mar 2025 | ₹65.00 Cr |
| Mar 2026 | ₹139 Cr |
Analyst Forecasts
AI Analysis — Bull vs Bear
Pondy Oxides & Chemicals Ltd is a small-cap secondary lead recycler (market cap ~₹4,073 Cr) trading at a P/E of 30.5x and P/B of 5.1x. The company has delivered 67% profit CAGR over 5 years and 45% TTM sales growth, while promoter holding has declined from ~39.9% to ~36.4% over recent quarters.
- Exceptional 5-year profit CAGR of 67%, indicating strong earnings compounding from a niche recycling business
- TTM sales growth of 45% signals robust demand acceleration for secondary lead and related metals
- Consistent 10-year median sales growth of 20.1%, demonstrating sustained top-line expansion across cycles
- ROE has improved progressively from 16% (3-year average) to 20% (last year), reflecting improving capital efficiency
- Lead recycling capacity expanded by 55% and copper recycling capacity doubled, positioning for future volume growth
- Entry into lithium battery recycling via ACE Green investment opens an EV-linked growth avenue beyond traditional lead-acid batteries
- Stock has delivered 45% CAGR over 10 years, reflecting long-term wealth creation track record
- Debt-to-equity ratio at 0.19x indicates a conservatively leveraged balance sheet with capacity to fund expansion
- Promoter holding declined by 2.95% in the last quarter alone (from ~39.3% to ~36.4%), raising governance and confidence concerns
- P/E of 30.5x is elevated for a metals & mining/recycling business that is inherently cyclical and commodity-linked
- Dividend yield of just 0.66% offers minimal income cushion during periods of price correction
- Small-cap status (₹4,073 Cr market cap) implies lower liquidity and higher volatility versus large-cap peers
- Business is heavily dependent on lead prices, which are globally cyclical and can compress margins rapidly in downturns
- TTM profit growth of 114% likely includes a low-base effect, making forward growth comparisons challenging to sustain
- EBITDA margins historically in the 5-8% range are thin for a manufacturing business, leaving limited buffer against input cost spikes
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
TL;DR: POCL shows no immediate headwinds with clean promoter holdings and active engagement with institutional investors. The approved share split is a mildly positive signal for retail accessibility. The company appears to be in a steady phase with governance in order, and the upcoming analyst meets in mid-July 2026 could serve as near-term catalysts if growth plans are communicated.
- Share split approved by shareholders Jul 3
Shareholders approved a share split via postal ballot on Jul 3, 2026, which can improve liquidity and retail participation.
- Active institutional investor engagement Jul 9
POCL scheduled multiple analyst/investor meetings in July 2026 with Arika Capital, Singularity AMC, and others on Jul 6, 8, and 14, signaling growing institutional interest.
- No promoter share encumbrance Jul 7
Promoters declared zero encumbrance on their shareholding for FY ended March 31, 2026, indicating no pledging risk.
- New independent director appointed Jul 3
Shareholders approved appointment of a new independent director among four resolutions passed via postal ballot.
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 321 | 393 | 454 | 357 | 437 | 572 | 502 | 517 | 596 | 635 | 776 | 932 | 931 |
| Expenses | 307 | 376 | 429 | 338 | 414 | 543 | 477 | 490 | 555 | 581 | 719 | 873 | 876 |
| Operating Profit | 13 | 16 | 25 | 19 | 23 | 29 | 25 | 27 | 41 | 54 | 58 | 59 | 55 |
| OPM % | 4.1% | 4.2% | 6% | 5% | 5% | 5% | 5% | 5% | 7% | 8% | 7% | 6% | 6% |
| Other Income | 1 | 1 | −1 | 3.23 | 1 | 1 | 1 | 0 | 2 | 2 | 2 | 1 | 1 |
| Interest | 4 | 4 | 5 | 3 | 2 | 4 | 4 | 2 | 3 | 1 | 2 | 4 | 2 |
| Depreciation | 2 | 2 | 2 | 3 | 2 | 3 | 3 | 3 | 4 | 6 | 6 | 5 | 6 |
| PBT | 8.67 | 11 | 17 | 15 | 19 | 23 | 20 | 22 | 37 | 48 | 51 | 51 | 48 |
| Tax % | 26% | 26% | 26% | 17% | 25% | 25% | 24% | 19% | 25% | 26% | 27% | 25% | 24% |
| Net Profit | 6 | 8 | 13 | 12 | 15 | 17 | 15 | 18 | 28 | 36 | 38 | 38 | 36 |
| EPS (₹) | 1.04 | 1.4 | 2.15 | 1.95 | 2.31 | 2.67 | 2.16 | 2.56 | 3.66 | 4.66 | 4.92 | 4.99 | 4.75 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 373 | 466 | 759 | 940 | 1,049 | 1,220 | 1,004 | 1,455 | 1,472 | 1,526 | 2,028 | 2,939 | 3,273 |
| Expenses | 355 | 439 | 705 | 882 | 984 | 1,183 | 980 | 1,377 | 1,391 | 1,451 | 1,924 | 2,726 | 3,049 |
| Operating Profit | 18 | 27 | 54 | 58 | 65 | 36 | 24 | 77 | 80 | 75 | 105 | 212 | 225 |
| OPM % | 4.8% | 6% | 7% | 6% | 6% | 3% | 2.4% | 5% | 5% | 4.9% | 5% | 7% | 7% |
| Other Income | 1 | 1 | 4 | 2 | 4 | 3 | 3 | 5 | 4 | 3 | 4 | 6 | 5 |
| Interest | 7 | 8 | 10 | 12 | 12 | 11 | 5 | 9 | 8 | 17 | 12 | 11 | 9 |
| Depreciation | 2 | 4 | 4 | 4 | 5 | 8 | 8 | 9 | 10 | 9 | 11 | 21 | 23 |
| PBT | 10 | 16 | 44 | 44 | 52 | 21 | 14 | 64 | 66 | 52 | 85 | 186 | 197 |
| Tax % | 31% | 37% | 36% | 34% | 35% | 23% | 22% | 25% | 25% | 23% | 23% | 26% | — |
| Net Profit | 7 | 10 | 28 | 29 | 34 | 16 | 11 | 48 | 49 | 40 | 65 | 139 | 147 |
| EPS (₹) | 1.21 | 1.82 | 5.09 | 5.25 | 6.07 | 2.82 | 1.86 | 8.32 | 8.45 | 6.27 | 9.25 | 18.18 | 19.32 |
| Div. Payout % | 17% | 11% | 6% | 6% | 7% | 11% | 13% | 6% | 12% | 16% | 15% | 11% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 13 | 14 | 15 |
| Reserves | 26 | 35 | 66 | 93 | 125 | 145 | 156 | 202 | 243 | 342 | 583 | 785 |
| Borrowings | 57 | 83 | 110 | 146 | 142 | 56 | 146 | 107 | 142 | 94 | 103 | 152 |
| Other Liabilities | 22 | 30 | 11 | 7 | 9 | 12 | 12 | 15 | 38 | 20 | 31 | 42 |
| Total Liabilities | 112 | 152 | 193 | 251 | 281 | 219 | 319 | 330 | 434 | 470 | 731 | 994 |
| Fixed Assets | 15 | 26 | 27 | 32 | 34 | 61 | 54 | 60 | 96 | 114 | 130 | 211 |
| CWIP | 11 | 1 | 3 | 2 | 1 | 2 | 6 | 3 | 7 | 8 | 75 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40 | 40 | 40 | 44 |
| Other Assets | 85 | 126 | 163 | 217 | 246 | 157 | 260 | 266 | 291 | 308 | 487 | 736 |
| Total Assets | 112 | 152 | 193 | 251 | 281 | 219 | 319 | 330 | 434 | 470 | 731 | 994 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 45 | −10 | −7 | −19 | 23 | 135 | −91 | 63 | 65 | 64 | −79 | −54 |
| Investing | −8 | −3 | −9 | −3 | −8 | −35 | −3 | −14 | −90 | −51 | −67 | −47 |
| Financing | −36 | 9 | 16 | 23 | −16 | −95 | 88 | −48 | 25 | −3 | 175 | 74 |
| Net Cash Flow | 1 | −4 | 0 | 0 | 0 | 5 | −6 | 1 | −1 | 11 | 28 | −27 |
| Free Cash Flow | 36 | −14 | −13 | −27 | 17 | 99 | −96 | 50 | 13 | 32 | −167 | −102 |
| CFO/EBITDA | 266 | −21 | 12 | 0 | 66 | 381 | −361 | 101 | 104 | 102 | −57 | −2 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 29 | 30 | 30 | 35 | 31 | 17 | 40 | 22 | 25 | 24 | 23 | 33 |
| Inventory Days | 33 | 52 | 38 | 42 | 43 | 23 | 48 | 41 | 42 | 33 | 47 | 38 |
| Days Payable | 16 | 15 | 2 | 1 | 2 | 2 | 3 | 2 | 2 | 3 | 4 | 2 |
| Cash Conversion Cycle | 46 | 67 | 66 | 76 | 72 | 38 | 85 | 61 | 65 | 55 | 65 | 68 |
| Working Capital Days | 12 | 20 | 24 | 25 | 32 | 25 | 43 | 37 | 27 | 35 | 54 | 62 |
| ROCE % | 17% | 22% | 34% | 26% | 25% | 13% | 8% | 23% | 21% | 16% | 17% | 24% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Pondy Oxides & Chemical insights
63 extracted metrics across FY09–FY27.
Documents
- Q1 FY27 concall · Aug 2026Transcript PPT Recording
- Q4 FY26 concall · Jun 2026Transcript PPT Recording
- Q3 FY26 concall · Jan 2026Transcript PPT Recording
- Q2 FY26 concall · Oct 2025Transcript PPT Recording
- 15 Jul 2026
- 17 Apr 2025
- 22 Jan 2024
- 30 Mar 2023
- 27 Jan 2022
- General announcements 12 Oct 2026
Frequently Asked Questions about Pondy Oxides & Chemical
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Company Information
Incorporated in 1995, Pondy Oxides and Chemicals Ltd manufactures Lead Metal and Alloys and other Non-ferrous metals
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