NSE: POEL · BSE: 539195
P O C L ENTERPRISES LTD.
Makes lead and non-ferrous metals, metallic oxides and plastic additives from manufacturing operations based in Chennai. Lead metal is the largest product line by revenue, followed by metallic oxides including zinc oxide, and plastic additives used as PVC stabilisers. The company recycles lead and is expanding - a new zinc oxide line is expected to add ₹60-70 crore of revenue by July 2026, and entry into copper scrap processing is targeted to generate ₹80-100 crore annually. It completed the acquisition of 51% in Trichy Metals and Alloys in July 2026, which adds lead ingot smelting and refining capacity. The company is also merging Planetfirst Green, a Surat-based lead recycling and refining unit, into itself with an appointed date of April 1, 2026. Raw materials account for 70.5% of revenue, making commodity inputs the dominant cost line. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Metal, Metallic Oxides, Plastic Additives, Others. Commodity metals and chemicals manufacturer with lead recycling operations
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 1,432 |
| EBITDA (ex other income) | 72 |
| margin % | 5.0 |
| Owners' profit | 41 |
| EPS, as reported (₹) | 13.76 |
| ROE % · ROCE % | 21.3 · 33.7 |
| Debt / equity (x) | 0.68 |
| Cash from operations | 26 |
| Capex | (9) |
Exhibit 2: Quarterly performance, last 4 quarters
| ₹ crore | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|
| Revenue | 372 | 363 | 364 | 332 |
| Profit before tax | 16 | 13 | 12 | 13 |
| Net profit | 11 | 8 | 9 | 13 |
| EPS (₹) | 4.11 | 2.80 | 3.04 | 4.25 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Metal | 1,052 | 65.3 |
| Metallic Oxides | 444 | 27.6 |
| Plastic Additives | 105 | 6.5 |
| Others | 9 | 0.5 |
| Total, before eliminations | 1,610 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| TATA CHEMICALS LTD | 15,351 | — | 0.69 | 139.2 | (7.7) | (5.0) | 7.4 | 14.4 |
| DEEPAK FERTILIZERS & PETR | 14,679 | 14.9 | 1.97 | 11.1 | 9.9 | 8.4 | 14.6 | 26.1 |
| GUJ NAR VAL FER & CHEM L | 7,529 | 7.3 | 0.83 | 5.4 | 8.9 | 10.3 | 8.7 | 22.1 |
| TANFAC INDUSTRIES LTD. | 6,923 | 56.6 | 18.55 | — | 18.8 | 24.3 | — | 16.0 |
| GUJARAT ALKALIES & CHEM | 4,105 | 61.8 | 0.79 | 8.7 | (0.0) | 0.7 | 12.4 | 18.4 |
| GHCL LIMITED | 3,565 | 7.8 | 1.00 | 4.7 | 13.3 | 16.6 | 1.1 | 23.9 |
| GRAUER & WEIL IND LTD | 3,543 | 21.6 | 3.28 | 14.4 | 15.2 | 19.2 | 14.5 | 20.4 |
| J.G.CHEMICALS LIMITED | 2,179 | 29.0 | 4.03 | 22.2 | 12.7 | 16.9 | — | 11.5 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 7.7 | 17.4 | 11 of 50 | 80% |
| P/B | 1.7 | 1.4 | 34 of 60 | 44% |
| ROCE | 25.7 | 6.0 | 5 of 62 | 93% |
| ROE | 21.3 | 5.0 | 5 of 60 | 93% |
| Debt / Equity | 0.7 | 0.2 | 46 of 60 | 24% |
| EBITDA margin | 5.5 | 13.3 | 45 of 58 | 23% |
| Market cap | 337 | 98 | 25 of 66 | 63% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 28 Oct 2026 · POCL votes scheduled on Planetfirst Green merger | compliance | minimal | — | — |
| 27 Oct 2026 · Shareholder and creditor meetings set for POCL amalgamation | compliance | minimal | — | — |
| 26 Oct 2026 · POCL shareholders to vote on Planetfirst Green amalgamation | strategic transactions | medium | — | — |
| 26 Oct 2026 · NCLT meeting set for Planetfirst Green-POCL amalgamation | strategic transactions | medium | — | — |
| 26 Oct 2026 · NCLT meeting set to approve Planetfirst Green amalgamation | strategic transactions | medium | — | — |
| 15 Oct 2026 · NCLT orders shareholder meeting for POCL-Planetfirst Green merger on Nov 27 | strategic transactions | high | — | — |
| 12 Oct 2026 · Quarterly dematerialisation compliance certificate filed with BSE | compliance | minimal | — | — |
| 7 Oct 2026 · Special window for physical share transfer and dematerialisation | compliance | minimal | — | — |
| 30 Sept 2026 · POCL Enterprises appoints R K C G & Associates LLP as statutory auditor for 5 years | management changes | medium | — | — |
| 30 Sept 2026 · POCL Enterprises: New auditor R K G C appointed to fill casual vacancy | management changes | medium | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.