Pondy Oxides And Chemicals (532626) Q2 26/27 earnings summary

Executive summary

• H1FY27 standalone revenue rose 33% YoY to Rs. 16,387 Mn, while EBITDA fell 10% and PAT fell 11% amid lead sourcing disruptions and higher costs.

• H1FY27 consolidated revenue was Rs. 1,64,336.97 lakh and net profit was Rs. 5,558.65 lakh, versus Rs. 1,24,320.23 lakh and Rs. 5,903.68 lakh in H1FY26.

Financial highlights

• Q2FY27 standalone revenue was Rs. 7,077.31 lakh, up from Rs. 6,345.14 lakh in Q2FY26; net profit was Rs. 2,011.17 lakh versus Rs. 3,557.53 lakh.

• Q2FY27 consolidated revenue was Rs. 70,847.99 lakh versus Rs. 64,036.97 lakh; net profit was Rs. 1,970.63 lakh versus Rs. 3,387.18 lakh.

• H1FY27 consolidated PBT was Rs. 7,335.72 lakh versus Rs. 8,064.37 lakh; Q2FY27 consolidated PBT was Rs. 2,600.42 lakh versus Rs. 4,620.32 lakh.

• Q2FY27 consolidated total expenses were Rs. 68,381.66 lakh, including materials consumed of Rs. 62,277.99 lakh and depreciation and amortization of Rs. 661.33 lakh.

Segment performance

• Copper production and sales grew nearly 3x YoY in H1FY27 on improved capacity utilization; lead volumes were subdued due to sourcing challenges.

• Q2FY27 segment revenue was Rs. 42,002.10 lakh for Lead, Rs. 26,624.10 lakh for Copper and Rs. 2,221.79 lakh for Others.

• Q2FY27 segment results were Rs. 2,043.81 lakh for Lead, Rs. 897.68 lakh for Copper and Rs. 107.80 lakh for Others; H1 results were Rs. 5,403.53 lakh, Rs. 2,873.56 lakh and Rs. 230.69 lakh, respectively.

• H1FY27 EBITDA per tonne was Rs. 18,617 for lead and Rs. 44,536 for copper.

• Finished-goods capacities: lead 204,000 MTPA, plastics 9,000 MTPA, copper 12,000 MTPA and aluminium 12,000 MTPA.