Pondy Oxides and Chemicals Limited has scheduled a remote e-voting process from June 3, 2026, to July 2, 2026, to seek shareholder approval for the sub-division of equity shares, alteration of the capital clause, and the appointment of an independent director. The company also seeks approval to re-designate Mr. Ashish Bansal as Chairman and Managing Director (CMD) with a revised remuneration package for a three-year term commencing August 1, 2026. The cut-off date to determine member eligibility is May 29, 2026.

The resolutions propose splitting existing equity shares with a face value of ₹5 into shares of ₹2 each. Consequently, the authorized share capital will increase to 10,07,50,000 equity shares, while the total paid-up capital remains unchanged at ₹15,25,56,395. Shareholders will also vote on appointing Mr. Hemant Jawahar Lal as a Non-Executive Independent Director for a term of five years from May 26, 2026, to May 25, 2031.

Mr. Ashish Bansal’s re-designation as CMD includes a revised remuneration structure comprising a basic salary of ₹3 crore per annum, perquisites not exceeding the annual salary amount, and a profit-based commission of up to ₹3 crore. The appointment is subject to shareholder approval via special resolution and supersedes the previous resolution passed on September 22, 2023. The board has authorized an annual increment not exceeding 30% of the existing remuneration.

Capital Structure Details

E-Voting Schedule

Central Depository Services (India) Limited (CDSL) is the e-voting agency. Mr. Krishna Sharan Mishra of M/s. KSM & Associates has been appointed as the scrutinizer. The results of the postal ballot will be declared on or before July 6, 2026. The postal ballot notice and e-voting information are provided in compliance with Sections 108 and 110 of the Companies Act, 2013, and relevant SEBI and Ministry of Corporate Affairs regulations.

Pondy Oxides and Chemicals Limited reported its highest-ever revenue, EBITDA, and profit after tax (PAT) for the financial year ended March 31, 2026. Net profit for FY26 surged 113% to ₹139 crore from ₹65 crore in the previous year, while revenue from operations increased 45% to ₹2,939 crore. The performance was driven by strong growth across Lead and Copper segments, improved operational efficiencies, and a higher share of value-added products. The board has recommended a final dividend of ₹5 per equity share, scheduled for May 26, 2026, subject to shareholder approval.

Financial Performance Highlights

For the quarter ended March 31, 2026, net profit stood at ₹38 crore, registering a growth of 111% year-on-year. Revenue for Q4 FY26 increased to ₹932 crore from ₹517 crore in the corresponding quarter of the previous year. EBITDA for the quarter nearly doubled to ₹61 crore, with margins expanding to 6.5% from 5.3%. On a consolidated basis, the company reported a revenue of ₹2,958 crore and a net profit of ₹132 crore for FY26.

The table below summarizes the key standalone financial metrics for the year ended March 31, 2026:

The following table highlights the key standalone metrics for Q4 FY26 versus Q4 FY25:

Operational and Strategic Updates

The company significantly expanded its production capacity during the year. Lead production capacity at the Thervoykandigai plant increased by over 50% to 204,000 MTPA, following the commissioning of Phase 2 in December 2025. Copper recycling capacity doubled to 12,000 MTPA, with an additional 36,000 MTPA capacity for finished copper products planned at a capex of around ₹200 crore. Under its 'Target 2030' vision, Pondy Oxides aims to maintain a revenue CAGR of over 20%, achieve EBITDA margins above 8%, and ensure ROCE exceeding 20%.

Segment Performance

Consolidated revenue for FY26 reached ₹2,958 crore, with the Lead segment contributing ₹2,254 crore and the Copper segment contributing ₹673 crore. The Copper segment showed significant growth, with revenue rising from ₹56 crore in FY25. The sales mix between domestic and export markets stood at 34% and 66%, respectively, in FY26. The statutory auditors, L. Mukundan & Associates, expressed an unmodified opinion on the audited standalone and consolidated financial results.

Investor Call Recording

Pursuant to Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015, Pondy Oxides and Chemicals Limited informed that the audio recordings of the investor call held on May 27, 2026, are available. The call discussed the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The recording can be accessed on the company website at www.pocl.com .

Management Guidance and Outlook

Management provided detailed guidance during the earnings call, indicating a capex of approximately ₹180 crore to ₹200 crore for FY27, primarily for the copper cathode plant. The company targets lead volume growth of about 15% year-on-year, with utilization expected to reach 70% to 75% at the Thervoykandigai facility. For copper, the company expects EBITDA per ton of ₹60,000 to ₹70,000 for the cathode project, compared to ₹35,000 to ₹40,000 for recycled copper. The firm remains focused on maintaining EBITDA margins above 8% and ROCE above 20% under its 'Target 2030' vision.