{"id":142654,"date":"2023-01-30T07:43:00","date_gmt":"2023-01-30T12:43:00","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142654"},"modified":"2023-02-23T07:49:19","modified_gmt":"2023-02-23T12:49:19","slug":"pondy-oxides-chemicals-q3fy23-earnings-story","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/pondy-oxides-chemicals-q3fy23-earnings-story\/","title":{"rendered":"Pondy Oxides &#038; Chemicals Q3FY23 Earnings Story"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Company Description:<\/h2>\n\n\n\n<p>Incorporated in the year 1995 and headquartered in Chennai,&nbsp;<a href=\"https:\/\/44.250.171.167\/infographic-pondy-oxides-opens-fy23-with-a-stellar-performance-as-revenue-grows-by-49\/\" target=\"_blank\" rel=\"noreferrer noopener\">Pondy Oxides and Chemicals<\/a>&nbsp;is India\u2019s leading non-ferrous recycling company and the largest secondary lead metal manufacturing company in India. The company recycles lead, copper, zinc and plastic in various forms.<\/p>\n\n\n\n<p>The firm has established, POCL Future Tech Private Limited as a subsidiary business, and it will engage in business in areas such as plastics, where it will use its own and other industrial plastics, e-waste, lithium ion recycling, rubber, oil, glass, paper, and other value-added products.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p><a href=\"https:\/\/44.250.171.167\/symbol\/pocl\/\" target=\"_blank\" rel=\"noreferrer noopener\">Pondy Oxides<\/a>&nbsp;reported a QoQ rise in its revenues of 24 percent. On a yearly basis, it reported a 18% drop in the net profit from \u20b9 1,413 lakhs in Q3FY22 to \u20b9 1,163 lakhs in Q3FY23. This happened on account of 10% fall in the total revenue of the company to \u20b9 37,264 lakhs on an YoY basis. The company has managed to bounce back and provide&nbsp;<a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/666d495d-7a1a-4782-ba89-b0e428176cc2.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">improved financial performance<\/a>&nbsp;compared to the previous quarter.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Performance Ratios:<\/h2>\n\n\n\n<p>The PAT Margin in Q3FY23 has decreased to 3.12% from 3.41% in Q3FY22. The decrease in profitability margins can be partly contributed to rise in expense margins. Total Expenses as % of Revenues from Operations in Q3FY22 was 95.5% while in Q3FY23 it has increased to 95.85%. On an YoY basis, the decrease in PBT were marginally higher compared to PAT. This is due to the improvement in the Tax Margin (Total Tax Expenses as % of Revenues from Operations) of the company which has been brought down from 1.4% in Q3FY22 to 1.1% in Q3FY23. All margins are presented below in a tabular form:<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\">Financial Margins Q3FY23 vs Q3FY22 (%)<\/td><td>Q3FY23<\/td><td>Q3FY22<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Expense Margin<\/td><td>95.85%<\/td><td>95.5%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">PBT Margin<\/td><td>4.2%<\/td><td>4.8%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Tax Margin<\/td><td>1.1%<\/td><td>1.4%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">PAT Margin<\/td><td>3.12%<\/td><td>3.41%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Management Outlook:<\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201c<em>So the last quarter, subsuming into the full financial year is going to be marginally on the positive side in line with the results of the previous financial year for both top and the bottom line. This year has been exceptional in terms of witnessing various factors of geopolitical issues, increase in prices of raw materials across the industry, volatility in pricing and markets. And despite all the aforementioned factors, the company has witnessed stable technical and fundamentals. We have seen the stability and growth in the January 2023 sales and production.<\/em>\u201c<\/p><cite>\u2013&nbsp;<strong>Vijay Balakrishnan<\/strong>,<em>Chief Financial Officer<\/em><\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Company Description: Incorporated in the year 1995 and headquartered in Chennai,&nbsp;Pondy Oxides and Chemicals&nbsp;is India\u2019s leading non-ferrous recycling company and the largest secondary lead metal manufacturing company in India. The company recycles lead, copper, zinc and plastic in various forms. The firm has established, POCL Future Tech Private Limited as a subsidiary business, and it [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":138779,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,12,6352],"tags":[9847,11400],"class_list":["post-142654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-other-industries","category-research-summary","tag-lead-alloys","tag-recycling"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1264359239.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":147472,"url":"https:\/\/alphastreet.com\/india\/pondy-oxides-chemicals-ltd-q4fy23-results-out-net-profit-grows-by-35\/","url_meta":{"origin":142654,"position":0},"title":"Pondy Oxides &#038; Chemicals Ltd  Q4FY23 results out, net profit grows by 35%","author":"Chirag Gupta","date":"May 29, 2023","format":false,"excerpt":"Incorporated in the year 1995 and headquartered in Chennai,\u00a0Pondy Oxides and Chemicals\u00a0is India\u2019s leading non-ferrous recycling company and the largest secondary lead metal manufacturing company in India. The company recycles lead, copper, zinc and plastic in various forms. The firm has established, POCL Future Tech Private Limited as a subsidiary\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":152869,"url":"https:\/\/alphastreet.com\/india\/pondy-oxides-showcasing-exemplary-cost-discipline\/","url_meta":{"origin":142654,"position":1},"title":"Pondy Oxides &#038; Chemicals Q1FY24 Results; Showcasing Exemplary Cost Discipline","author":"Karan_Singh","date":"August 11, 2023","format":false,"excerpt":"Company Description: Incorporated in the year 1995 and headquartered in Chennai, Pondy Oxides and Chemicals is India\u2019s leading non-ferrous recycling company and the largest secondary lead metal manufacturing company in India. The company recycles lead, copper, zinc and plastic in various forms. The firm has established, POCL Future Tech Private\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1264359239.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1264359239.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1264359239.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":136727,"url":"https:\/\/alphastreet.com\/india\/pondy-oxides-chemicals-ltd-q2fy23-earnings-snapshot\/","url_meta":{"origin":142654,"position":2},"title":"Pondy Oxides &#038; Chemicals Ltd. Q2FY23 Earnings Snapshot","author":"Chirag Gupta","date":"November 14, 2022","format":false,"excerpt":"Pondy Oxides reported a sequential rise in its net profit by over a percent. On a yearly basis, it reported a 22% drop in the net profit from INR 15 crores in Q2FY22 to INR 12 crores in Q2 FY23. This happened on account of 25% fall in the total\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":164938,"url":"https:\/\/alphastreet.com\/india\/pondy-oxides-chemicals-ltd-q2fy25-reports-a-113-rise-in-profits\/","url_meta":{"origin":142654,"position":3},"title":"Pondy Oxides &#038; Chemicals Ltd reports a 113% rise in Profits in Q2FY25","author":"Chirag Gupta","date":"October 16, 2024","format":false,"excerpt":"Incorporated in 1995, Pondy Oxides and Chemicals Ltd manufactures Lead Metal and Alloys and other Non-ferrous metals Financial Results: Pondy Oxides & Chemicals Ltd reported Revenues for Q2FY25 of \u20b9572.00 Crores up from \u20b9393.00 Crore year on year, a rise of 45.55%. Total Expenses for Q2FY25 of \u20b9550.00 Crores up\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/b2b7a6d3-05cf-4b3b-827d-10086c494475.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/b2b7a6d3-05cf-4b3b-827d-10086c494475.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/b2b7a6d3-05cf-4b3b-827d-10086c494475.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/b2b7a6d3-05cf-4b3b-827d-10086c494475.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/b2b7a6d3-05cf-4b3b-827d-10086c494475.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/b2b7a6d3-05cf-4b3b-827d-10086c494475.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":127844,"url":"https:\/\/alphastreet.com\/india\/pondy-oxides-chemicals-response-to-queries-of-investors-analysts-post-q3-fy22-earnings-call\/","url_meta":{"origin":142654,"position":4},"title":"Pondy Oxides &#038; Chemicals&#8217; response to queries of investors, analysts post Q3 FY22 earnings call","author":"sreerupa","date":"February 23, 2022","format":false,"excerpt":"Following Pondy Oxides and Chemicals\u2019 Q3 FY22 earnings call, which was held on February 9, we received a lot of queries from analysts and retail investors. The POCL management team went through those queries and reverted to us with their responses. Q:\u00a0Your chairman speech at the last AGM explains that\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/pocl1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/pocl1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/pocl1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/pocl1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/pocl1.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":163232,"url":"https:\/\/alphastreet.com\/india\/pondy-oxides-and-chemicals-q1fy25-revenues-ebitda-and-pat-up-37-76-and-216-2\/","url_meta":{"origin":142654,"position":5},"title":"POCL reported a 76% rise in EBITDA, and a 216% jump in PAT in Q1FY25.","author":"Chirag Gupta","date":"July 22, 2024","format":false,"excerpt":"Pondy Oxides and Chemicals Limited (BSE Code \u2013 532626; NSE Code \u2013 POCL), India\u2019s leading recycling and manufacturing company, has posted outstanding financial results for Q1FY25 and embarked on the fiscal year with a positive momentum. Q1FY25 Key Financial Highlights Consolidated Revenue from Operations has increased to INR 445 Cr.,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/d9c6f6d3-e412-403b-809b-57a386da9614.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/d9c6f6d3-e412-403b-809b-57a386da9614.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/d9c6f6d3-e412-403b-809b-57a386da9614.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/d9c6f6d3-e412-403b-809b-57a386da9614.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/d9c6f6d3-e412-403b-809b-57a386da9614.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/d9c6f6d3-e412-403b-809b-57a386da9614.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142654"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142654\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/138779"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}