Pondy Oxides & Chemicals share price today

Pondy Oxides & Chemicals Ltd's share price was ₹391.30 at the close on 4 November 2026. It has been falling for 5 weeks. That is 18.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹391 and ₹617, and at that close it was at the low of that range.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Pondy Oxides & Chemicals Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 15 weeks running.

Over the last 11 years the share price moved +4,195% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 24 July 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 9 quarters in a row, profit up on a year earlier for 9 quarters in a row and indian funds and insurers (DIIs) raised their stake for 3 quarters in a row.

1. Revenue up on a year earlier for 9 quarters in a row

   In the June 2026 quarter revenue was ₹935 crore, +55.1% on a year earlier.

2. Profit up on a year earlier for 9 quarters in a row

   In the June 2026 quarter profit was ₹36 crore, +44% on a year earlier.

3. Indian funds and insurers (DIIs) raised their stake for 3 quarters in a row

   From 6.8% to 9.6% of the company by the September 2026 quarter.

For April to June 2026 (the quarter ended 30 June 2026), Pondy Oxides & Chemicals reported revenue of ₹935 crore, up 55.1% from ₹603 crore a year earlier, and a profit of ₹36.0 crore, up 44.0% from ₹25.0 crore.

Pondy Oxides & Chemicals results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 27 May 2026, about January to March 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Pondy Oxides & Chemicals closed at ₹391.30 on 4 November 2026, down 25.1% from ₹522.24 a year earlier (7 November 2025) and up 651.1% over five years. Its highest weekly close since March 2016 was ₹617.38 on 15 May 2026.

Pondy Oxides & Chemicals share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Pondy Oxides & Chemicals closed at ₹391.30, down 1.5% on the week and down 10.5% on the month. 15 Sep 2026: ex-date for a dividend of ₹2 a share.

Earlier

• 21 Jul 2026: Share split: face value cut from ₹5 to ₹2 a share (ex-date).
• Results for April to June 2026: Revenue up 55.1% and profit up 44.0% on a year earlier.
• Our read, 27 Jun 2026: POCL has expanded FY26 revenue 44% to ₹2,939 crore and profit 113% to ₹132 crore by scaling lead value-added products to 65% of segment revenue and growing copper volumes sevenfold off a tiny base. A ₹200 crore copper cathode plant (Phase 1 commissioning December 2026) promises operating profit per ton of ₹60,000-70,000 versus the current recycling ₹35,000-40,000, potentially doubling blended copper operating profit by FY28.
• 27 May 2026: Pondy Oxides & Chemicals held its results call for January to March 2026. Management guided: Lead volumes FY27: 125,000-130,000 tons (15 percent growth from 107,727 MT FY26)
• 16 Oct 2024: Share split: face value cut from ₹10 to ₹5 a share (ex-date).

Our read of the business

POCL has expanded FY26 revenue 44% to ₹2,939 crore and profit 113% to ₹132 crore by scaling lead value-added products to 65% of segment revenue and growing copper volumes sevenfold off a tiny base. A ₹200 crore copper cathode plant (Phase 1 commissioning December 2026) promises operating profit per ton of ₹60,000-70,000 versus the current recycling ₹35,000-40,000, potentially doubling blended copper operating profit by FY28.

January to March 2026: Revenue surged to ₹935 crore (80% on a year earlier), profit ₹38 crore (111% on a year earlier), clean quarter, no one-offs, operating margin 6.3% on rising copper revenue mix.

Our read after the January to March 2026 results, written 27 June 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

Pondy Oxides & Chemicals paid ₹2 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.51% at the ₹391.30 close on 4 November 2026. The last was a dividend of ₹2 a share, ex-date 15 September 2026.

Pondy Oxides & Chemicals dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Pondy Oxides & Chemicals Ltd paid out 12% of its profit as dividends in FY26, and it paid a dividend in 12 of its last 13 reported years. One of those years shows a negative figure because profit itself was negative.

From the NSE corporate-actions record, read 5 November 2026.

On the call for January to March 2026, held on 27 May 2026, Pondy Oxides & Chemicals' management guided: Lead volumes FY27: 125,000-130,000 tons (15 percent growth from 107,727 MT FY26)

“Copper consumption is poised to 3x in the next 3 to 4 years from close to 1.2 million tons to about 3 to 3.5 million tons. If the demand is surpassing consumption, the margin profiles should be protected as long as the products are right, you place them in the right market, and stay well-hedged.”Management, on the call for January to March 2026

What management guided

• Lead volumes FY28: 15 percent on a year earlier growth (implying 144,000-150,000 ton range)
• Lead operating profit per ton FY27: ₹17,000-19,000.
• Lead utilization FY27: 70 percent on TKP facility (204,000 MT nameplate)
• Lead utilization FY28: 80-90 percent on expanded facility.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for January to March 2026, 27 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

If Q1-July to September 2026 copper recycling volumes come in below 2,000 tons per quarter (signaling cathode feedstock priority cannibalizing recycling rather than supplementing it), or if lead operating profit per ton drops below ₹15,000 for two consecutive quarters (indicating the value-added premium is eroding), the core thesis that this is a margin-structural story, not a peak-cycle moment, would require reassessment.

Each change stops working if

• : December 2026 commissioning slips beyond April to June 2027, or trial cathode operating profit per ton comes in below ₹50,000 (blended goal then unachievable at planned volume mix).
• : OEM contracts shift to multi-sourcing, or competitors qualify for POCL's sole-source alloy chemistry, reducing the ₹700 per ton premium toward the ₹300 per ton peer level.
• : Value-added product demand weakens, forcing volume prioritization over margin, reducing realized operating profit per ton toward the commodity floor of ₹12,000-14,000 per ton.
• : Q1-July to September 2026 plastic margins regress to operating profit-negative due to procured plastic feedstock prices rising faster than realization (61% imports per concall).

The main risks

• : Negative operating cash flow for two consecutive years (FY25 -₹81 crore, FY26 -₹44 crore) with ₹60 crore 3-year operating cash flow drain vs ₹222 crore profit, accrual-heavy recognition. ⚠ estimate
• : Copper cathode execution risk: Phase 1 commissioning December 2026 is the single critical path, a slip eliminates the FY28 volume/margin inflection. ⚠ estimate
• : Management consistency pattern: three cross-call contradictions in 12 months (Mundra, aluminum, copper volume redefinition) reduce guidance precision. ⚠ estimate

Our read after the January to March 2026 results, written 27 June 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

When Pondy Oxides & Chemicals reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Plastic segment profitability sustainability post-relocation - April to June 2026 profit and operating profit per ton achievement validation: management claimed 'currently profit positive' (January to March 2026 inflection) and guiding FY27 full-year profit positive after March facility relocation. Critical: does Q1-Q2 maintain profit profitability or regress to losses? Margin regression invalidates turnaround thesis and drags consolidated guidance credibility.

Pondy Oxides & Chemicals is not on any of our India lists this week.

Pondy Oxides & Chemicals Ltd earned ₹36.0 Cr of net profit in the Jun 2026 quarter, +44.0% on the same quarter a year earlier. That is the 9th quarter in a row of profit growth. Full-year FY26 profit was ₹132 Cr. Over 18 years profit has grown 19.9% a year on average. That is 3.9% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹25.0 Cr.

For the full year, FY26 profit was ₹132 Cr (+127.6% on the year before).

Why profit moved: revenue changed +55.1% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +115.8% and revenue +49.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

FY26-Q4. revenue ₹935 Cr and profit ₹38 Cr as reported.

FY27-Q1. revenue ₹935 Cr and profit ₹36 Cr as reported.

Why-sources: our stock research file (27 June 2026) and the company’s own results for those quarters.

Pondy Oxides & Chemicals Ltd reported ₹935 Cr of revenue in the Jun 2026 quarter, +55.1% on the same quarter a year earlier. That is the 9th quarter in a row with growth on the year before. Over 18 years it has grown 17.4% a year on average. The last full year, FY26, came in at ₹2,958 Cr.

Revenue is everything the company billed its customers in the period.

Why this happened. Lead EBITDA per ton reached Rs 19,739 in Q4 FY26 (43% YoY growth), driven by the shift to value-added alloys including niche sole-source products for specific OEM customers. Management refused to detail the chemistry on the public forum due to competitive sensitivity. FY27 guidance is Rs 17,000-19,000 per ton (a slight downward revision from Q4 peak to reflect volume recovery prioritization alongside margin). The premium is real but its durability depends on OEM relationship stickiness and customer-specific qualification barriers.

The last four reported quarters add to ₹3,290 Cr.

FY26 revenue was ₹2,958 Cr, +43.8% on the year before.

Recent pace: the last four quarters grew +49.3% on average, against 17.4% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +48.5%, against +40.7% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +104.3%, against +86.8% a year (accelerating).

FY26-Q4. revenue ₹935 Cr and profit ₹38 Cr as reported.

FY27-Q1. revenue ₹935 Cr and profit ₹36 Cr as reported.

Why-sources: our stock research file (27 June 2026) and the company’s own results for those quarters.

Pondy Oxides & Chemicals Ltd's operating margin was 6.0% in the Jun 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between −2.4% and 10.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why this happened. Management approved a 36,000 MT copper cathode-anode plant at Rs 200 crore capex funded entirely from internal accruals, with Phase 1 (18,000 MT) planned December 2026 commissioning. At Rs 60,000-70,000 EBITDA per ton vs current recycling at Rs 35,000-40,000, Phase 1 produces 70-100% margin uplift per ton. FY28 goal: 24,000-29,000 total copper volume at blended Rs 60,000 EBITDA per ton. The copper cathode goal is a forward management commitment pending trial production validation, precision flagged by management, scope for downside if trial margins disappoint.

Why the margin moved: operating margin changed −0.8 percentage points on the year while gross margin changed −2.1 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

FY26-Q4. revenue ₹935 Cr and profit ₹38 Cr as reported.

FY27-Q1. revenue ₹935 Cr and profit ₹36 Cr as reported.

Why-sources: our stock research file (27 June 2026) and the company’s own results for those quarters.

Over the last 3 years Pondy Oxides & Chemicals Ltd's operations used more cash than they brought in, so cash conversion was −27%, a gap worth watching. In FY26 its operations used ₹44.0 Cr of cash, against ₹132 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹31.0 Cr of spending on assets, free cash was −₹75.0 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why −27% of profit came in as cash: the cash cycle stayed about the same between FY13 and FY26, so the cash follows profit, not the cycle. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: the bigger use of cash is spending on new assets, at 2.7× depreciation over three years. The next section checks what that spending is building.

Pondy Oxides & Chemicals Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 69 days in FY26, down from 71 days in FY13. It spent ₹150 Cr on assets over the last 3 years. Customers take 33 days to pay, and stock sits for 38 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹2,958 Cr, each day of that cycle ties up about ₹8.1 Cr, so roughly ₹559 Cr is tied up in the business at any time.

FY26: customers took 33 days to pay and stock sat for 38 days, about 1.3 months of sales sitting as stock, for a full cycle of 69 days, shorter than FY13's 71.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 38 days. Customers pay about 33 days after that. Suppliers are paid at 2 days. Together that makes the 69-day cycle.

Spending on assets: ₹150 Cr over the last 3 years, against ₹55.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹3.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Pondy Oxides & Chemicals Ltd's P/E is 20.8×, near the low end of its own history: it has been lower only 17% of the time. Its usual P/E (the middle reading) is 37.7×, over 3.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.