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 .

Pondy Oxides and Chemicals Limited has approved the establishment of a new Copper Recycling Plant in Thervoykandigai, Tamil Nadu, with a project cost of approximately ₹200 Crores. The facility, scheduled for commissioning by December 2026, aims to expand the company's value-added recycling capacities and strengthen its commitment to circular economy principles. The project will be funded through internal accruals and targets both domestic and export markets.

The new plant will feature an installed capacity of 36,000 MTPA of LME Grade A Copper Cathode, to be implemented in two phases of 18,000 MTPA each. It will utilize integrated pyro-refining and electro-refining technology. This strategic initiative is designed to diversify the company's non-ferrous recycling portfolio, leverage its established recycling expertise, and reduce India's dependency on copper imports.

Project Details

Business Imperative

The Copper Recycling Plant is strategically aimed at expanding, diversifying, and forward integrating into the non-ferrous recycling portfolio with value-added capabilities. It seeks to position Pondy Oxides and Chemicals Limited as a competitive global recycled copper supplier while reinforcing its commitment to sustainable and responsible manufacturing. The project also intends to reduce the import dependency of copper from foreign countries.

Upon successful commissioning, the plant is expected to bolster revenue and profitability through the commercialization of value-added recycled copper. It aims to enhance the product mix and strengthen margins through premium copper offerings, while delivering operational synergies across procurement, logistics, and sales functions. Additionally, the facility will help reduce the carbon footprint through increased utilization of recycled copper and generate direct and indirect employment to foster regional socio-economic development.