Pondy Oxides and Chemicals Limited has submitted its quarterly monitoring agency report for the period ended December 31, 2025, demonstrating full compliance with regulatory requirements for its preferential issue proceeds. The report, prepared by CARE Ratings Limited as the monitoring agency, covers the utilization of funds raised through the company's preferential issue totaling Rs. 132.50 crore.

Complete Utilization of Equity Share Proceeds

The monitoring report reveals that Pondy Oxides and Chemicals Limited has fully utilized the Rs. 50.00 crore raised through preferential issue of equity shares. The funds were deployed across three key areas as originally planned in the offer document.

Warrant Proceeds Utilization Progress

For the warrant component of the preferential issue, the company has made substantial progress in fund deployment. Out of the total Rs. 82.50 crore received from warrant proceeds, Rs. 69.81 crore has been utilized by the end of December 31, 2025.

During the quarter ended December 31, 2025, the company utilized Rs. 0.47 crore, with Rs. 0.28 crore transferred to vendor accounts and Rs. 0.19 crore transferred to current account for reimbursement of fixed asset purchases.

Investment of Unutilized Funds

The remaining Rs. 12.69 crore of unutilized warrant proceeds has been strategically invested in various mutual fund schemes to optimize returns while maintaining liquidity. The investments have shown positive performance with a total market value of Rs. 12.95 crore as of December 31, 2025.

Regulatory Compliance and No Deviations

The monitoring agency report confirms that Pondy Oxides and Chemicals Limited has maintained full compliance with all regulatory requirements. Key compliance highlights include:

• No deviations from the objects stated in the offer document
• All government and statutory approvals related to the objects have been obtained
• No material deviations observed compared to earlier monitoring agency reports
• All fund utilization is in accordance with disclosures made in the offer document

The report was prepared based on bank statements, chartered accountant certificates from L. Mukundan & Associates dated January 21, 2026, and management confirmations. CARE Ratings Limited, serving as the monitoring agency under Regulation 32 of SEBI regulations, has provided an objective assessment of the fund utilization without identifying any concerns or irregularities in the deployment of preferential issue proceeds.

Pondy Oxides & Chemical has announced robust financial results for the third quarter, showcasing strong operational performance and significant growth momentum. The chemical company demonstrated impressive profitability improvements alongside substantial revenue expansion during the reporting period.

Financial Performance Highlights

The company's financial metrics for Q3 reflect strong business fundamentals and effective operational management. Key performance indicators showed substantial year-on-year improvements across both revenue and profitability measures.

Profitability Analysis

The company's net profit performance stood out as a key highlight, with earnings reaching ₹376 million in Q3 compared to ₹151 million in the corresponding quarter of the previous year. This represents a substantial 149% year-on-year increase, indicating strong margin expansion and operational efficiency improvements.

Revenue Growth Trajectory

Revenue performance complemented the strong profitability metrics, with the company recording ₹7.76 billion in Q3 revenue compared to ₹5 billion in the same period last year. The 55% year-on-year revenue growth demonstrates the company's ability to expand its market presence and capture increased business volumes.

Business Performance Overview

The quarterly results reflect Pondy Oxides & Chemical's strong positioning in the chemical sector, with both top-line and bottom-line metrics showing robust growth. The significant improvement in profitability margins, evidenced by the net profit growth outpacing revenue growth, suggests enhanced operational efficiency and effective cost management strategies during the quarter.