The Chairman speech addressed to the shareholders at the 37th Annual General Meeting of the Company is enclosed.
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POCL Enterprises Ltd held its 37th AGM on September 26, 2025, with the Chairman and MD highlighting strong FY25 results. Turnover grew 30% to Rs. 1,450 crore, EBITDA jumped 63% to Rs. 63.93 crore, and PAT rose to Rs. 31.18 crore from Rs. 17.74 crore. The Metals segment led growth with a 42% jump to Rs. 1,088 crore, supported by 11,000 MTPA capacity expansion each in refining and smelting, expected to unlock Rs. 200 crore in additional revenue. The company raised Rs. 69.67 crore via a preferential issue in June 2025 and acquired a stake in PlanetFirst Green Pvt Ltd (lead recycling) to bolster its recycling footprint. A major milestone was the London Metal Exchange (LME) brand listing for POEL Lead, complementing its existing MCX listing. New initiatives include lead-free PVC stabilizers, zinc metal commercialisation (target 1,200 MT/year), copper scrap processing trials, and a transition to LPG fuel at Pondicherry facilities.
Positive for shareholders — strong FY25 earnings, capacity expansion, LME brand listing, and new diversification moves signal growth momentum. Recommended 35% dividend underscores confidence, though the Rs. 69.67 crore preferential issue may lead to minor dilution.