POCL FY26: Margins Improve as Planetfirst Merger Nears

For Q4 FY 2025-26, the presentation reports revenue of INR 332.29 crore, EBITDA of INR 18.27 crore, PBT of INR 12.98 crore and PAT of INR 9.70 crore.

For FY 2025-26, the presentation reports revenue of INR 1,431.69 crore, EBITDA of INR 75.77 crore, PBT of INR 53.61 crore and PAT of INR 39.61 crore.

The presentation states POEL has three major divisions: Metallic Oxides (lead oxides and zinc oxide), PVC Stabilisers (lead stabilisers and calcium zinc stabilisers), and Metals (lead smelting, refining and alloying).

The board approved a scheme to amalgamate Planetfirst Green Private Limited with POEL on March 16, 2026, subject to regulatory approvals. Management states Planetfirst could generate about INR 700 crore revenue in FY 2026-27 and could potentially increase POEL topline by nearly 50 percent after amalgamation.

POEL is expanding zinc oxide capacity by an additional 2,400 MTPA at its Metallic Oxides Division in Mettupalayam, Puducherry. The project is expected to be completed by July 2026 and is anticipated to add INR 60 to 70 crore of annual revenue.

The presentation states POEL has entered copper scrap processing and is also pursuing diversification opportunities in copper, tin and other value-added metal segments. It also reports entry into zinc metal processing and sales.

The presentation shows exports increased from INR 226 crore in FY 2024-25 to INR 333 crore in FY 2025-26, while domestic revenue declined from INR 1,224 crore to INR 1,099 crore.