Pondy Oxides & Chemical (POCL), a leading recycling and manufacturing company in India, has outlined an ambitious growth strategy aimed at achieving double-digit volume and EBITDA growth through 2030. The company's plan focuses on capacity expansion, value-added metal recycling, and global diversification to drive long-term sustainability.

Strong Financial Performance in Q2 and H1 FY26

POCL has reported robust financial results for the second quarter and first half of fiscal year 2026, demonstrating significant growth across key metrics:

The company's performance was driven by increased production, sales, and realizations in both Lead and Copper segments.

Operational Highlights

• Lead production increased by 8% YoY to 50,475 MT in H1 FY26
• Lead sales grew by 3% YoY to 47,408 MT in H1 FY26
• EBITDA per ton of Lead rose significantly by 48% YoY to ₹18,510 in H1 FY26
• Copper sales saw a remarkable 15-fold increase to ₹172.00 Cr on a half-yearly basis

Strategic Initiatives

Capacity Expansion

POCL is expanding its lead production capacity by 72,000 MTPA at its Thervoykandigai plant. The first phase of 36,000 MTPA commenced commercial production in Q1 FY26, with the second phase expected to be commissioned by H2 FY26.

Target 2030 Vision

The company has laid out a well-defined roadmap for sustainable growth and diversification, focusing on:

• Delivering over 15% volume growth
• Maintaining a 20%+ revenue CAGR and profitability growth
• Achieving EBITDA margins above 8%
• Attaining ROCE exceeding 20%
• Driving more than 60% of revenue from value-added products
• Reducing energy consumption by over 20% to lower carbon footprint

R&D and Value Addition

POCL is planning to set up R&D facilities to create value-added products for both its current portfolio and new products that will enhance overall value.

Financial Health and Future Outlook

The company's balance sheet has strengthened, achieving zero net debt and holding a net cash balance of ₹71.00 Cr. POCL has invested ₹14.00 Cr in Capex during H1 FY26 and plans to invest an additional ₹35.00 Cr in the second half of the year.

Mr. Ashish Bansal, Managing Director of POCL, commented on the results: "POCL has delivered its strongest-ever quarterly and half-yearly performance, driven by robust operational execution. We remain firmly on track to realize our Target 2030, focusing on capacity expansion, 15%+ volume growth, 20%+ revenue CAGR, enhanced profitability, and an increased share of value-added products."

With a clear strategic roadmap, strong financial health, disciplined operations, and a favorable regulatory environment, POCL appears well-positioned for consistent, long-term growth in the recycling and manufacturing sector.

Pondy Oxides & Chemicals Limited (POCL) has reported a significant boost in its financial performance for the second quarter. The company's revenue and profitability showed substantial improvements, highlighting strong growth and operational efficiency.

Financial Highlights

POCL reported Q2 revenue of 6.35 billion rupees, up from 5.80 billion rupees year-over-year. The company's net profit more than doubled to 356.00 million rupees, marking a substantial 104% increase from 174.00 million rupees in the corresponding quarter of the previous year.

Profitability and Operational Efficiency

The company's EBITDA increased significantly to 535.00 million rupees from 290.00 million rupees in the same period last year. EBITDA margin improved to 8.43% compared to 5.06% year-over-year, indicating enhanced operational efficiency and profitability.

Segment Performance

POCL's segment-wise performance reveals:

The copper segment demonstrated exceptional growth, while the lead segment, which remains the primary revenue driver, saw a marginal decline.

Balance Sheet Strength

As of the end of the quarter, POCL's balance sheet reflects a strong financial position:

• Total assets stood at ₹76,820.49 million
• Shareholders' equity increased to ₹68,663.91 million
• The company maintained a healthy cash and cash equivalents balance of ₹9,489.71 million

Future Outlook

The strong Q2 performance positions Pondy Oxides & Chemicals well for continued growth. The significant expansion in the copper segment and the company's ability to maintain profitability in its core lead business suggest a diversified approach to market opportunities. The improved EBITDA margin also indicates the company's focus on enhancing operational efficiency, which bodes well for future profitability.