Non-Ferrous Metals company Pondy Oxides & Chemicals announced Q1FY25 results: Financial Highlights: Consolidated Revenue from Operations has increased to Rs 445 crore, up 37% and 23% on YoY and QoQ basis. POCL experienced this substantial growth as a result of increased production, sales, and realizations in both Lead and Plastics. Consolidated EBITDA increased by 76% to Rs 24 crore on YoY basis. EBITDA Margins stood strong at 5%+; up from 4%+ in Q1FY24. Finance costs decreased by Rs 1.44 crore, a 38% reduction YoY, contributing to an increase in PAT. Consolidated PAT increased by 216% to Rs 13 crore on YoY 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 36%, 70% and 141%. Sales mix between domestic and export markets stood at 35% and 65% respectively. The percentage of value-added products in the Lead segment has been constant. Operational Highlights: The procurement mix of Lead and Plastics through imports is approximately 70% and 55% respectively. The capacity utilization of both Lead and Plastics exhibited an upward trend. The production of Lead has increased by 38% to 20,692 MT on YoY basis. The sale of Lead has increased by 46% to 20,699 MT on YoY basis. There is a significant increase in production and sales of Plastics as well on both QoQ and YoY basis. Realization per ton of Lead and Plastics showed a positive trend. EBITDA per Ton of Lead increased by 4% YoY basis. Ashish Bansal, Managing Director: “I am delighted to share that POCL has delivered strong results for Q1FY25 on both financial and operational front and has set the tone for the year with an optimistic start. Revenue, EBITDA and PAT showed a significant growth driven by robust operational performance and lower finance costs. The factors driving our growth include capacity expansion, a comprehensive capital expenditure strategy, improved operational efficiencies, a strong balance sheet, strict implementation of government norms like BWMR and EPR, adept management, and robust stakeholder support, all contributing to a positive outlook for POCL’s development. I am confident that with sustained stakeholder support, POCL will reach its TARGET 2030.” Result PDF
Conference Call with Pondy Oxides & Chemicals Ltd. Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.