Transcript of the Q1 FY 2026-27 Investor Call held on 05th August 2026

PONDOYX IDAENSDC HEMICLAILMSI PTOECDL ® 11t hA ugus2t0 26 NationSatlo cEkx changoefI ndiLat d BSE Limited ExchanPglea zSaht,F loor, Corporate RelaDteipoanrsthmiepn t, PloNto .C l1G, B lock, PhiroJzeee jeebhoy Towers, BandrKau rlCao mpleBxa,n dr(aE ), DalaSlt reet, Mumbai4 00O Sl Mumbai 4000 01 NSES ymbol :POCL BSES criCpo de:5 32626 DearS ir/Madam, Sub:T ranscroifpt th eQ l FY 2026-I2n7v estCoarl hle ldo no stAhu gus2t0 26 Withr eferetnooc uer l ettdeart eOdS htA ugus2t0 26i,n timatyionuag b outth el inokf t hea udio recordionftg hse i nvesctoarlh le lodn W ednesdaOySh,tA ugus2t0 26a t0 3:3P0M 1STa,n d pursuatnoRt e gulat3i0or ne awdi thS cheduIlIeoI f t heS EB1( LODR)R egulati2o0n1sS,, pleafisned e nclostehdet ranscroiftp hteas f oresIanivde sctaolrl . The abovei nformatwiiolnla lsob e availaobnl et hew ebsitoef thec ompany1 .e., www .pocl.com We requeysotut ok indtlayk teh ea bovien formaotnir oenc ord. Thankiynogu , Yourfsa ithfully ForP ondyO xideasn dC hemicaLlism ited K.K umaravel DirectFoirn anc&e C ompanyS ecretary KRM Cent4rtehF, l oo#r 2,,H arrinRgotaodCn,h etpCehte,n n-6a0i0 0 31.T amNiald uI,n dia. Phone+: 9 1- 44- 42965 454 E-m:a iinlfo@poclW.ecb:o m www.pocl.com CINN o.:L 24294NT1995PLC03058I6I GSTIN3:3 AAACP5102D4Z4 “Pondy Oxides and Chemicals Limited Q1 FY27 Earnings Conference Call” August 05, 2026 MANAGEMENT: MR. ASHISH BANSAL – CHAIRMAN AND MANAGING DIRECTOR – PONDY OXIDES AND CHEMICALS LIMITED MR. K. KUMARAVEL – DIRECTOR, FINANCE AND COMPANY SECRETARY – PONDY OXIDES AND CHEMICALS LIMITED MR. R. S. VAIDHYANATHAN – EXECUTIVE DIRECTOR – PONDY OXIDES AND CHEMICALS LIMITED MR. VIJAY BALAKRISHNAN – CHIEF FINANCIAL OFFICER – PONDY OXIDES AND CHEMICALS LIMITED MR. PRATIK GUPTA – ASSOCIATE VICE PRESIDENT, OPERATIONS – PONDY OXIDES AND CHEMICALS LIMITED MODERATOR: MS. SANA KAPOOR – GO INDIA ADVISORS Page 1 of 23 Pondy Oxides and Chemicals Limited August 05, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the Pondy Oxides and Chemicals Limited Q1 FY27 Earnings Conference Call hosted by Go India Advisors. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this call is being recorded. I now hand the conference over to Ms. Sana Kapoor from Go India Advisors. Thank you, and over to you, ma'am. Sana Kapoor: Thank you, Shruti. Good afternoon, everyone, and welcome to Pondy Oxides and Chemicals Limited's earnings call to discuss Q1 FY27 financial performance. Today, we are joined by Mr. Ashish Bansal, Chairman and Managing Director; Mr. K. Kumaravel, Director, Finance and Company Secretary; Mr. R.S. Vaidhyanathan, Executive Director; Mr. Vijay Balakrishnan, Chief Financial Officer; and Mr. Pratik Gupta, Associate Vice President, Operations. We must remind you that the discussion on today's call may include certain forward-looking statements and must be therefore viewed in conjunction with the risks that the company faces. May I now request Mr. Ashish Bansal to take us through the company's business outlook and financial highlights, subsequent to which we will open the floor for Q&A. Thank you, and over to you, sir. Ashish Bansal: Thank you, Sana. Good afternoon, everyone, and thank you for joining us for POCL's Q1 FY27 Earnings Call. I hope you've had the opportunity to go through our financial disclosures available on the exchanges. I'll walk you through the key strategic updates, operational progress and financial performance followed by a Q&A session. We have started FY27 on a strong footing with Q1 FY27 revenue, EBITDA and PAT growing at 56%, 30% and 32% year-on-year, respectively. I'm pleased to share that our copper vertical continued its strong momentum in Q1 FY27, achieving the highest ever quarterly production and sales with both Page 2 of 23 Pondy Oxides and Chemicals Limited August 05, 2026 volumes increasing by more than 3 times on a year-on-year basis. These results reflect the strength of our integrated business model, our focus on value-added products and our commitment to delivering sustainable and profitable growth. Before turning to the financial performance, I would like to highlight the key strategic initiatives that have supported our strong start to the year and are strengthening the foundation of POCL's long-term growth and value creation. Our copper expansion project continues to make encouraging progress. We are establishing a 36,000 metric ton per annum copper cathode facility at our Thervoy kandigai plant in Tamil Nadu with a total investment of approximately INR200 crores, fully funded through our internal accruals. We have already incurred around INR25 crores towards the project and execution remains on schedule with major equipment orders finalized and key construction activities underway. The first phase of 18,000 metric tons per annum is on track for commissioning by December 2026, with trial runs expected in Q4 FY27, while Phase 2 is targeted for commissioning by Q3 FY28. This project marks a key milestone in strengthening our nonferrous portfolio and expanding our value-added copper vertical. The facility will leverage integrated pyro refining and electrorefining technologies to produce LME grade A copper cathodes, further enhancing our vertical integration capabilities. Upon commissioning, the project is expected to improve our product mix, enhance margins and drive profitability through value-added copper products. It will also create operational synergies, support import substitution, increase the use of recycled copper and further reinforce our commitment to sustainability and long-term value creation. The incremental 6,000 metric tons per annum copper recycling capacity commissioned in Q4 FY26 has ramped up well and is expected to achieve capacity utilization of approximately 75% through FY 2027. These investments will strengthen our copper vertical, enhance value addition and support our long-term growth strategy. CRISIL has upgraded POCL's outlook Page 3 of 23 Pondy Oxides and Chemicals Limited August 05, 2026 to A positive from A stable while reaffirming its credit rating, recognizing its strong balance sheet and sustained financial performance. Building on these strategic developments and operational and financial performance in Q1 FY 2027 reflected the resilience of our business and disciplined execution across the organization. While lead production and sales volumes moderated during the quarter, it was a conscious strategic decision to prioritize value-added products amidst supply chain disruption and production constraints that enabled us to achieve our highest ever lead EBITDA per ton of INR21,595. Copper production and sales volumes increased by more than 3x year-on-year in Q1 FY27, supported by the ongoing ramp-up of the additional capacity. The segment delivered strong profitability with copper EBITDA per ton rising 66% year-on-year to INR48,488. Copper is expected to contribute approximately 45% of our overall revenue in FY27 as capacity ramp-up progresses. Coming to financial performance for Q1 FY27. Revenue growth remained robust during Q1 FY27 with revenue increasing to INR931 crores, registering 56% year-on-year growth. The overall sales mix between domestic and export markets stood at 55% and 45%, respectively. And between the lead and copper verticals, the export mix stood at 55% and 25%, respectively. Within the lead vertical, value-added products accounted for 85% of the segment revenue reinforcing our strategic focus on increasing the share of higher-margin products. EBITDA and PAT increased by 30% and 32% on a year-on-year basis to INR56 crores and INR36 crores, respectively. In Q1 FY27, EBITDA and PAT margins remained strong at 6% and 3.9% in Q1 FY27. On a consolidated basis, the same momentum continued with re [Showing first 8,000 characters — download PDF for full document]