Pondy Oxides & Chemicals Ltd

Pondy Oxides & Chemicals Ltd

₹ 682 -2.00%
30 Apr - close price
About

POCL's principal activities are converting Lead Scraps of various forms into Lead Metal and Alloys. The company carries out smelting of Lead Battery Scrap to produce secondary lead metal which is further transformed into Pure lead and Specific Lead Alloys. Further company also manufactures Zinc metal and Zinc Oxide.

Key Points

Business Overview
POCL is in the production of Lead and Lead Alloys and PVC additives.
Its customers are companies that are mainly battery manufacturers, chemical manufacturers, and PVC extruded and molded products.
It also has a presence in metals, metallic oxides, PVC stabilizers, and lead acid batteries. [1]

There are four different divisions in the co:
1) Metallic Oxides Division (zinc based)
2) PVC Stabilizers Division (lead-based)
3) Smelter Division
4) Zinc Division [2]

  • Market Cap 793 Cr.
  • Current Price 682
  • High / Low 906 / 336
  • Stock P/E 22.4
  • Book Value 231
  • Dividend Yield 0.73 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 2.95 times its book value
  • Earnings include an other income of Rs.31.6 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
301 374 437 325 397 457
284 356 414 313 381 433
Operating Profit 18 18 23 12 16 25
OPM % 6% 5% 5% 4% 4% 5%
1 0 30 1 1 -1
Interest 1 1 3 4 5 6
Depreciation 2 3 4 3 3 4
Profit before tax 16 15 47 6 9 15
Tax % 24% 27% 11% 34% 35% 31%
12 11 41 4 6 10
EPS in Rs 10.12 9.32 35.64 3.53 4.89 8.71
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2023 TTM
76 104 165 175 228 320 307 358 457 1,476 1,616
72 97 153 179 205 300 296 347 443 1,397 1,540
Operating Profit 4 7 12 -4 23 20 11 11 14 79 76
OPM % 5% 7% 7% -2% 10% 6% 3% 3% 3% 5% 5%
0 0 1 5 1 2 2 4 1 33 32
Interest 2 2 4 6 7 8 6 8 8 8 17
Depreciation 1 1 2 2 2 3 3 2 2 11 14
Profit before tax 2 4 8 -7 15 11 4 5 4 92 76
Tax % 29% 34% 37% -7% 20% 33% 33% 32% 33% 18%
1 3 5 -7 12 7 3 3 3 76 61
EPS in Rs 1.46 2.44 -3.52 6.01 3.71 1.31 1.46 1.31 65.05 52.77
Dividend Payout % 71% 41% 25% -7% 10% 19% 38% 34% 38% 8%
Compounded Sales Growth
10 Years: 15%
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: 35%
5 Years: %
3 Years: %
TTM: %
Stock Price CAGR
10 Years: 46%
5 Years: 33%
3 Years: 83%
1 Year: 86%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2023 Sep 2023
Equity Capital 6 10 10 10 10 10 11 11 11 12 12
Reserves 5 9 13 8 19 25 25 27 29 253 257
14 19 20 36 60 58 50 76 75 156 205
7 9 13 7 16 30 16 27 26 52 25
Total Liabilities 32 48 56 61 105 123 102 141 141 473 498
6 11 14 15 23 26 21 23 22 148 154
CWIP 3 2 1 0 1 2 2 1 3 12 16
Investments 0 0 0 0 0 0 0 0 0 0 0
23 35 41 45 82 95 79 116 116 313 328
Total Assets 32 48 56 61 105 123 102 141 141 473 498

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2023
2 -4 9 -4 -20 18 22 -17 9 78
-4 -5 -4 -0 -9 -7 -4 -2 -2 -109
3 10 -5 12 21 -7 -13 20 -13 30
Net Cash Flow 1 0 1 8 -8 3 4 1 -6 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2023
Debtor Days 56 75 44 30 51 40 28 54 39 25
Inventory Days 43 26 24 24 52 39 45 38 38 45
Days Payable 22 15 8 7 10 13 11 21 16 3
Cash Conversion Cycle 76 85 60 47 94 66 62 71 61 68
Working Capital Days 65 82 56 56 104 70 60 78 66 62
ROCE % 21% 29% -6% 30% 20% 10% 12% 11%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
48.74% 48.74% 48.74% 48.74% 48.89% 48.86% 48.86% 48.88% 48.88% 48.88% 48.89% 48.90%
0.00% 0.00% 0.00% 0.00% 0.00% 1.03% 0.12% 0.00% 0.13% 0.01% 0.18% 0.22%
51.26% 51.26% 51.26% 51.26% 51.11% 50.13% 51.03% 51.12% 50.98% 51.11% 50.93% 50.89%
No. of Shareholders 12,30314,57614,24313,05914,09321,37022,83722,07221,56022,57922,10924,060

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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