POCLCommodities

Pondy Oxides & Chemicals Limited

Diversified Metals · ISIN INE063E01061 · BSE 532626 · NSE EQ · FV ₹2
Last price
₹470
+3.83%today
What this company does

Pondy Oxides & Chemicals Limited operates in Diversified Metals, part of the Commodities sector. It booked ₹935 cr of revenue in its latest quarter (Q1 FY27) and kept 3.8% of sales as profit. It is the 3rd largest of 4 Diversified Metals companies we track, by market value.

Their stated vision

To be the most valuable recycling company in the world, adopting responsible and sustainable manufacturing practices.

In the report:
58out of 100
Equitytale Health Score
Mixed

Healthier than 58% of companies in Commodities, on all six measures of filed financials. Each measure is ranked against the 91–173 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
43

At close. Not part of the score.

Profitability & returns65

How much profit it earns on the money it employs

Balance sheet69

How much it owes, and whether earnings cover the interest

Cash quality18

Whether reported profit actually arrives as cash

Growth & consistency91

Whether sales and profit have grown, and how steadily

Valuation20

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 55% vs last year
Profit up 43% vs last year
No promoter shares pledged
Strong 18% return on equity
Turns profit into real cash
Watch-outs
! Thin 3.8% net margin

What if I invest in POCL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹470 +3.83%
latest close · 2026-09-17
52-wk low ₹42842 sessions so far52-wk high ₹584
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio25.0Average
LowAverageHigh
P/B ratio4.55High
Below bookModerateHigh
EV / EBITDA16.6High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity18.2%Strong
WeakFairStrong ▸15%
Return on capital25.2%Strong
WeakFairStrong
Net margin3.8%Thin
ThinDecentStrong
EBITDA margin6.0%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.19Comfortable
LowModerateHigh ▸1
Interest cover20.0×Strong
RiskyOkayStrong ▸5×
Current ratio3.61Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹3,587 cr
Book value
₹103
EPS
₹4.70
latest quarter
Net debt
₹142 cr
owes more than its cash
Enterprise value
₹3,729 cr
EBITDA
₹225 cr
annualised
EBIT
₹199 cr
annualised
Operating margin
5.3%
Return on assets
14.6%
Earnings yield
4.00%
P/S
0.96
Sales / share
₹490.3
Tax rate
24.2%
Face value
₹2
Shares
7.6 cr
Working capital
₹502 cr
Current assets
₹694 cr
Current liabilities
₹192 cr
Delivery %
47.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹81₹138, midpoint ₹109

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹935 cr
Other Income₹44.3 L
Total Income₹935 cr
Cost of Materials₹796 cr
Purchases of Stock-in-Trade₹40 cr
Inventory Change (±)₹8 cr
Employee Benefit Expense₹8 cr
Finance Costs₹2 cr
Depreciation & Amortisation₹6 cr
Other Expenses₹26 cr
Total Expenses₹888 cr
Profit before Tax₹47 cr
Tax Expense₹11 cr
Net Profit₹36 cr
Net margin on total income3.8%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹845 cr90.3%
Employee benefit expense₹8 cr0.9%
Finance costs₹2 cr0.3%
Depreciation & amortisation₹6 cr0.7%
Other expenses₹26 cr2.8%
Tax expense₹11 cr1.2%
Profit for the period₹36 cr3.8%
Total income ₹935 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue780 cr935 cr935 cr
Total income781 cr937 cr935 cr
Expenses732 cr886 cr888 cr
Profit before tax49 cr50 cr47 cr
Tax14 cr13 cr11 cr
Net profit (owners' share)35 cr38 cr36 cr
Net margin (owners' share, on revenue)4.5%4.0%3.8%
EPS (₹)11.5712.304.70
YoY (latest quarter): total income +54.8% · net profit +42.6%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹983 cr
Shareholder equity
₹788 cr
parent shareholders
Total debt
₹152 cr
Cash
₹10 cr
Cash flow · H1 FY26
Operating
₹117 cr
Investing
₹-27 cr
Financing
₹-34 cr
Peer comparison
Diversified Metals · by market value
CompanyPriceMarket capP/E
Vedanta Limited₹257₹2.56 L cr8.1
Jain Resource Recycling Limited₹274₹9,457 cr33.9
Pondy Oxides & Chemicals Limitedthis company₹470₹3,587 cr25.0
Ardee Industries Limited₹49₹1,248 cr15.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.43%
trailing 12 months
Dividend / share (TTM)
₹2
Last dividend
₹2
ex 15 Sep 2026
ActionDetailEx-date
Dividend₹2 / share15 Sep 2026
Stock splitStock Split From Rs.5/- to Rs.2/-21 Jul 2026
Dividend₹3.5 / share11 Sep 2025
Stock splitStock Split From Rs.10/- to Rs.5/-16 Oct 2024
Dividend₹5 / share11 Sep 2024
Dividend₹5 / share15 Sep 2023
Who owns it · 2026-06-30
No pledge
Promoter
36.4%
FII / Foreign
3.1%
DII / Domestic
7.5%
Retail / others
53.0%
Promoter stake down 7.3% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtAshish Bansal · Promoters21.07 L1 Apr 26
SoldSaroj Rajendra Prasad Bansal · Promoters2.00 L · ₹14.7 cr23 May 25
SoldAnil Kumar Bansal · Promoters4.00 L · ₹29.8 cr23 May 25
Bulk / block deals
SoldMANSI SHARE AND STOCK BROKING PRIVATE LIMITED · NSE1.65 L @ ₹1,295.0229 Jun 26
BoughtMANSI SHARE AND STOCK BROKING PRIVATE LIMITED · NSE1.65 L @ ₹1,270.5429 Jun 26
SoldMANJU BANSAL · NSE9.00 L @ ₹1,270.2729 Jun 26
Stake changes
SoldMs. Manju Bansal · promoter→ 4.34% · 9.00 L29 Jun 26
BoughtMr. Ashish Bansal · promoter→ 22.11% · 21.07 L1 Apr 26
SoldMs. Saroj Rajendra Prasad Bansal · promoter→ 8.95% · 2.00 L23 May 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 18 Sep 2025
See the official result
1
To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the Financial Year ended 31st March 2025, together with the reports of Board of Directors’ and Auditors’ thereon
Backed by 100% of shareholders other than promotersneeded 50%
36.68 L votes for, 86 against · 0% of mutual funds and other big investors said no
2
Declaration of Final Dividend of Rs. 3.50/- (i.e. 70%) per equity share of Rs. 5/- each for the Financial Year ended 31st March 2025
Backed by 100% of shareholders other than promotersneeded 50%
36.68 L votes for, 87 against · 0% of mutual funds and other big investors said no
3
To Appoint a Director in the place of Mr. Ashish Bansal (DIN: 01543967), who retires by rotation and being eligible, offers himself for reappointment
Promoters had a personal stake in this
Backed by 93% of shareholders other than promotersneeded 50%
33.97 L votes for, 2.70 L against · 13% of mutual funds and other big investors said no
4
Appointment of M/s. KSM Associates, Practising Company Secretaries as Secretarial Auditors of the Company
Backed by 100% of shareholders other than promotersneeded 50%
36.68 L votes for, 90 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 8 named members
owning 36.4% between them · as of 2026-06-30
ASHISH BANSAL15.20%
SAROJ RAJENDRA PRASAD BANSAL8.25%
ANIL KUMAR BANSAL6.91%
MANJU BANSAL4.34%
PAWANKUMAR BANSAL1.62%
MEGHA CHOUDHARI0.07%
PRIYANKA PAWAN BANSAL0.01%
VAISHNAVI REDDYno shares
Business done with them
FY2025 · 2 of the group
The company paid ₹8 cr to companies in the promoter group last year — about 0.4% of its ₹2,057 cr revenue.
Mr. Ashish Bansal
Other payments to them · Remuneration and loan
also owns 15.20% of the company
₹3 cr
company paid
Mr. Ashish Bansal
Paid them for services · Remuneration and loan
also owns 15.20% of the company
₹2 cr
company paid
Mr. Anil Kumar Bansal
Other payments to them · Remuneration and loan
also owns 6.91% of the company
₹1 cr
company paid
Mr. Anil Kumar Bansal
Paid them for services · Remuneration and loan
also owns 6.91% of the company
₹1 cr
company paid

The company also transacted with 7 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹175 cr raised in Dec 2024 by selling shares to large investors

As of Mar 2026, the company says it has spent 8% of what it set aside, leaving ₹161 cr still to be spent. CARE RATINGS LIMITED watches the spending on the exchange’s behalf.

Funding Working Capital Requirements of our Company
0%
₹0 cr of ₹82 cr
Capital Expenditure of our Company for setting up and processing unit in Thiruvallur, Tamil Nadu
28%
₹14 cr of ₹50 cr
General Corporate Purposes
0%
₹0 cr of ₹38 cr
Issue Expenses
0%
₹0 cr of ₹6 cr
Spent by quarter: 46%3%4%4%8% (to Mar 2026)
₹133 cr raised in Feb 2024 by selling shares to selected investors

As of Mar 2026, the company says it has spent 10% of what it set aside, leaving ₹120 cr still to be spent. CARE RATINGS LIMITED watches the spending on the exchange’s behalf.

Purchase of Fixed Assets including Plant & Machinery
23%
₹13 cr of ₹55 cr
Deployment towards Working Capital
0%
₹0 cr of ₹49 cr
General Corporate Purpose
0%
₹0 cr of ₹29 cr
Spent by quarter: 1%5%0%10% (to Mar 2026)

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.