POCL Enterprises Limited (POCL) has recently issued a clarification regarding its credit rating status, following Brickwork Ratings' (BWR) classification of the company as non-cooperative. The company has emphasized that all its bank facilities have been exclusively rated by CARE Ratings Limited since 2023.

Key Points:

1. Discontinuation with Brickwork Ratings:

   • POCL discontinued its association with BWR in 2022.
   • Reason: SEBI license suspension issues affecting BWR.
   • POCL has requested withdrawal of BWR's credit rating assignments.

2. Current Rating Status:

   • All bank facilities are now rated by CARE Ratings Limited.
   • Current rating: CARE BBB+ Stable.

3. Financial Performance: To provide context to the company's financial standing, here's a snapshot of POCL's balance sheet data:

   Financial Metric	Current Year	1 Year Ago	3 Years Ago	5 Years Ago
   Total Assets	₹225.60	₹198.80	₹162.70	₹130.80
   Total Equity	₹97.90	₹68.10	₹51.50	₹35.20
   Current Assets	₹177.20	₹162.30	₹130.90	₹97.70
   Current Liabilities	₹115.70	₹119.80	₹97.10	₹81.10

   The company has shown consistent growth in total assets and equity over the past five years, indicating improved financial stability.

Analysis:

1. Credit Rating Transition: The shift from BWR to CARE Ratings demonstrates POCL's commitment to maintaining transparency and credibility in its financial reporting. This move aligns with regulatory compliance and investor expectations.

2. Financial Health:

   • The company's total assets have grown by 72.48% over the past five years, from ₹130.80 crore to ₹225.60 crore.
   • Total equity has seen a significant increase of 178.12% in the same period, rising from ₹35.20 crore to ₹97.90 crore.
   • Current assets have also shown strong growth, increasing by 81.37% over five years.

3. Liquidity Position: The current ratio (Current Assets / Current Liabilities) stands at approximately 1.53, indicating a healthy short-term liquidity position.

Implications for Investors:

1. Transparency: POCL's proactive clarification about its credit rating status demonstrates a commitment to transparency, which is generally viewed positively by investors.

2. Financial Stability: The consistent growth in assets and equity over the past five years suggests improving financial stability, which could be reassuring for stakeholders.

3. Credit Profile: Maintaining a CARE BBB+ Stable rating indicates moderate degree of safety regarding timely servicing of financial obligations and moderate credit risk.

Investors and stakeholders should continue to monitor POCL's financial performance and future credit rating updates from CARE Ratings to make informed decisions.

POCL Enterprises Limited , a prominent player in the Indian market, has declared an interim dividend for the fiscal year 2025-26. The company's board of directors approved this corporate action, signaling a positive development for its shareholders.

Dividend Details

Tax Deduction at Source (TDS) Guidelines

POCL Enterprises has issued comprehensive TDS guidelines for the declared interim dividend. Shareholders are required to submit necessary documentation by November 21, 2025, to ensure proper tax deduction on dividend payments. This proactive approach by the company aims to streamline the dividend distribution process and comply with tax regulations.

Official Communication

According to the LODR (Listing Obligations and Disclosure Requirements) data, POCL Enterprises Limited sent an official communication to its shareholders on November 18, 2025, regarding the Tax Deduction at Source (TDS) for the interim dividend. This communication was in line with Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Points from LODR Data

• The interim dividend declaration was made by the Board of Directors at their meeting held on Friday, November 14, 2025.
• The company has made the TDS communication available on its official website ( www.poel.in ) for easy access by shareholders and stakeholders.
• POCL Enterprises Limited has duly informed the BSE Limited about this corporate action, adhering to regulatory requirements.

This interim dividend declaration demonstrates POCL Enterprises' commitment to creating value for its shareholders while ensuring compliance with regulatory standards. Shareholders are advised to review the detailed TDS guidelines and submit the required documentation within the specified timeframe to facilitate smooth dividend processing.