Pondy Oxides And Chemicals (532626) Q4 25/26 earnings summary

Executive summary

• Achieved record FY26 performance with consolidated revenue of ₹2,95,836.12 lakhs, up 45% YoY, and net profit of ₹13,187.00 lakhs, driven by strong growth in lead and copper segments and improved product mix.

• Five-year CAGR: revenue 24%, EBITDA 52%, PAT 67%, reflecting consistent and strong growth.

• Maintained a healthy balance sheet with ROCE at 17% for FY26 and strategic focus on capacity expansion and value-added products.

• Board recommended a final dividend of INR 5 per share and a consolidated dividend of ₹7.00 per share for FY26.

• Auditors issued an unmodified opinion, confirming fair presentation and compliance with Ind AS.

Financial highlights

• FY26 revenue: INR 2,939 crore (₹2,95,836.12 lakhs), up 45% YoY; Q4 revenue: INR 932 crore, up 80% YoY and 20% QoQ.

• EBITDA for FY26: INR 218 crore (Rs. 2,181 Mn), up over 100% YoY; Q4 EBITDA: INR 61 crore (Rs. 609 Mn).

• PAT for FY26: INR 139 crore (Rs. 1,387 Mn/₹13,187.00 lakhs), up 113% YoY; Q4 PAT: INR 38 crore (Rs. 380 Mn).

• EBITDA margin improved to 7.4% (up 212 bps YoY); PAT margin at 4.7% (up 151 bps YoY).

• EPS (diluted) for FY26 was Rs. 46.27; basic EPS was ₹43.98.

Outlook and guidance

• Targeting 20% CAGR in revenue and profitability, EBITDA margins above 8%, and ROCE above 20%.

• FY27 CapEx guidance: INR 180-200 crore; FY28 CapEx: INR 50-60 crore.

• Plans to increase value-added products' contribution to over 60% and reduce energy consumption by 20%.

• Lead utilization expected at 70% in FY27, aiming for 80-90% by FY28.

• Copper volumes projected at 12,000 tons in FY27 and 24,000-29,000 tons in FY28.