539195
POCL Enterprises financials
- Market cap
- ₹432 Cr
- Sector
- Chemicals
What POCL Enterprises does
POCL Enterprises Limited (POEL) manufactures metallic oxides (lead oxides and zinc oxide), PVC stabilisers (lead and calcium-zinc based) and lead metal through smelting, refining and alloying, largely from recycled/secondary lead sources. Its products feed into lead-acid batteries, PVC pipes and fittings, cable insulation, tyres and rubber, paints, ceramics and other industrial applications. It also holds a strategic stake in PlanetFirst Green Private Limited, an associate engaged in lead refining, and is diversifying into zinc metal and copper scrap processing.
Segments
- Metal
- Metallic Oxides
- Plastic Additives
- Others
- Manufacturing units
- 5 (across Tamil Nadu & Puducherry)
- Workforce
- 600+
- Export reach
- 25+ countries
- New Lead Smelting & Refining Unit capacity (Maraimalai Nagar)
- 11,000 MTPA refining + 11,000 MTPA smelting
- Lead-Free PVC Stabilizer Division capacity (Puducherry)
- 2,400 MTPA
- Associate (PlanetFirst) lead refining capacity
- expanded from 21,000 MTPA to 37,500 MTPA
Quarterly results
Q1 FY27: revenue up 25.1%, net profit down 50.9% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 373 | 341 | 372 | 372 | 363 −3% | 364 +7% | 332 −11% | 466 +25% |
| EBITDA | 19 | 13 | 18 | 21 | 18 −2% | 16 +25% | 17 −6% | 12 −43% |
| Net profit | 10 | 6 | 11 | 12 | 10 +1% | 9 +52% | 10 −8% | 6 −51% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −46.0% 1Y
1Y: ₹259.1 on 10 Sept 2025 → ₹140. High ₹260.3 (11 Sept 2025), low ₹140 (11 Sept 2026).
Financials, as filed
Revenue grew 17.9% a year over 3 years, FY23 to FY26. Operating margin widened to 5.0%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹874 Cr | ₹1.1k Cr | ₹1.5k Cr | ₹1.4k Cr |
| Operating profit | ₹28 Cr | ₹39 Cr | ₹63 Cr | ₹72 Cr |
| Operating margin | 3.2% | 3.5% | 4.3% | 5.0% |
| Interest | ₹10 Cr | ₹14 Cr | ₹19 Cr | ₹17 Cr |
| Depreciation | ₹1 Cr | ₹2 Cr | ₹3 Cr | ₹6 Cr |
| Net profit | ₹12 Cr | ₹18 Cr | ₹32 Cr | ₹40 Cr |
| Net margin | 1.4% | 1.6% | 2.2% | 2.8% |
| Cash from operations | ₹6 Cr | ₹3 Cr | ₹40 Cr | ₹26 Cr |
| Free cash flow | ₹5 Cr | ₹-1 Cr | ₹27 Cr | ₹18 Cr |
| ROCE | 21.0% | 24.0% | 32.0% | 26.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹6 Cr |
| Reserves | ₹30 Cr | ₹33 Cr | ₹46 Cr | ₹63 Cr | ₹169 Cr | ₹187 Cr |
| Borrowings | ₹85 Cr | ₹86 Cr | ₹90 Cr | ₹105 Cr | ₹170 Cr | ₹134 Cr |
| Other liabilities | ₹10 Cr | ₹26 Cr | ₹21 Cr | ₹26 Cr | ₹48 Cr | ₹36 Cr |
| Total liabilities | ₹131 Cr | ₹150 Cr | ₹163 Cr | ₹199 Cr | ₹394 Cr | ₹363 Cr |
| Fixed assets | ₹32 Cr | ₹31 Cr | ₹30 Cr | ₹31 Cr | ₹46 Cr | ₹48 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹2 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹15 Cr | ₹19 Cr |
| Other assets | ₹99 Cr | ₹119 Cr | ₹132 Cr | ₹165 Cr | ₹331 Cr | ₹296 Cr |
| Total assets | ₹131 Cr | ₹150 Cr | ₹163 Cr | ₹199 Cr | ₹394 Cr | ₹363 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public trimmed −0.16 pp while promoters added +0.14 pp. The shareholder count grew 13% to 13,376.
- Promoters
- 40.3%
- FIIs
- 0.2%
- DIIs
- 0.0%
- Public
- 59.5%
Since Jun 2025
- Public −0.16 pp
- Promoters +0.14 pp
- DIIs +0.02 pp
How it drifted, 12 quarters
Over this window promoters fell from 45.4% to 40.3% — −5.1 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 45.4%, Public 54.6%.Dec '23: Promoters 45.4%, Public 54.6%.Mar '24: Promoters 41.6%, Public 58.4%.Jun '24: Promoters 41.6%, Public 58.4%.Sep '24: Promoters 41.6%, Public 58.4%.Dec '24: Promoters 41.6%, Public 58.4%.Mar '25: Promoters 41.6%, Public 58.4%.Jun '25: Promoters 40.1%, FIIs 0.2%, Public 59.6%.Sep '25: Promoters 40.1%, FIIs 0.2%, Public 59.6%.Dec '25: Promoters 40.1%, FIIs 0.2%, Public 59.6%.Mar '26: Promoters 40.3%, FIIs 0.2%, Public 59.5%.Jun '26: Promoters 40.3%, FIIs 0.2%, DIIs 0.0%, Public 59.5%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Naresh Kumar Ghogar +0.16 pp 2.74% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of POCL Enterprises above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Neelam Bansal | 10.05% | unchanged |
| Devakar Bansal | 9.00% | unchanged |
| Sunil Kumar Bansal | 8.66% | unchanged |
| Vandana Bansal | 7.01% | unchanged |
| Padam C Bansal | 3.92% | unchanged |
| Naresh Kumar Ghogar | 2.74% | +0.16 pp |
| Sangeetha S . | 2.51% | unchanged |
| Rishabchand Ravinderkumar | 1.98% | unchanged |
| Ravinderkumar Nihhaal | 1.44% | unchanged |
| Ravinder Kumar Chandrakala | 1.36% | unchanged |
| Amber Bansal | 0.73% | unchanged |
| Harsh Bansal | 0.66% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
AttractiveTo justify its price of ₹140, this stock must grow earnings at 6% every year for 7 years. Our analysis caps realistic growth at ~37%. At that growth it is worth ₹682 — upside of 387%.
- Growth the price implies
- 5.9% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 43.2% a year
- net profit, FY23–FY26 · EPS 37.1%
- The gap
- -0.3 pp
- 387% downside if it only repeats history
Learn to analyse POCL Enterprises
Guides on how to read this kind of business and the numbers that matter.