Pondy Oxides & Chemicals Ltd. News, Corporate filings and Earnings/Conference Calls

Other Non-Ferrous Metals company Pondy Oxides & Chemicals announced Q2FY25 & H1FY25 results Fiinancial Highlights: Consolidated Revenue from Operations has increased to Rs 1,024 crore, up 42% (YoY) on half yearly basis and to Rs 579 crore, up 46% (YoY) & 30% (QoQ) on quarterly basis. POCL experienced this substantial growth as a result of increased production and sales in Lead, Plastics and Copper. Consolidated EBITDA increased by 75% (YoY) to Rs 53 crore and Rs 29 crore on half yearly and quarterly basis. H1FY25 EBITDA Margins stood strong at 5%+; up from 4%+ in H1FY24. On half yearly basis, finance costs decreased by Rs 2.1 crore, a 25% reduction YoY, contributing to an increase in PAT. Consolidated PAT more than doubled and increased to Rs 28 crore, up 188% (YoY) on half yearly basis and to Rs 15 crore, up 168% (YoY) on quarterly basis. PAT Margins increased to 3%. On a Standalone basis also, POCL reported a strong financial performance. Revenue from Operations, EBITDA and PAT increased by 41%, 68% and 117% on half yearly basis and by 46%, 71% and 113% (YoY) on quarterly basis. On half yearly basis, the sales mix between domestic and export markets stood at 32% and 68% respectively. The percentage of value-added products in the Lead segment has been constant. Other Highlights: The half yearly procurement mix of Lead, Plastics and copper through imports is approximately 72%, 46% and 100% respectively. The capacity utilization of Lead, Plastics and Copper increased substantially on both half yearly and quarterly basis. The production of Lead has increased significantly by 50% (YoY) to 46,855 MT on half yearly basis and by 61% (YoY) to 26,108 MT on quarterly basis. The sale of Lead has increased by 47% (YoY) to 45,959 MT on half yearly basis and 49% (YoY) to 25,294 MT on quarterly basis. There is a significant increase in production and sales of Plastics and Copper as well on both half yearly and quarterly basis. On quarterly basis, EBITDA per Ton of Lead increased to Rs 12,304 per ton, up 18% and 4% on QoQ and YoY basis. Ashish Bansal, Managing Director, Pondy Oxides & Chemicals said: “I am pleased to announce that POCL has delivered outstanding performance in Q2 and H1 FY25 across all areas. Revenue, EBITDA, and PAT have shown significant growth for Q2 and H1FY25, driven by strong operational performance, including increased production and sales of Lead, Plastic, and Copper. The enforcement of stringent government regulations such as BWMR, EPR, and the Reverse Charge Mechanism, along with significant capacity expansions, capex plans, enhanced operational efficiencies, experienced leadership, and strong support from all stakeholders, bodes well for POCL's growth. I am certain that with ongoing stakeholder support, POCL will successfully meet its TARGET 2030.” Result PDF

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Pondy Oxides & Chemicals Ltd. News, Corporate filings and Earnings/Conference Calls

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