Pondy Oxides is a leading non-ferrous metal recycling

Pondy Oxides is a leading non-ferrous metal recycling and manufacturing company, with strong exposure to lead and copper recycling. FY26 revenue rose 45% to ₹2,939 crore, EBITDA increased 103% to ₹218 crore, and PAT surged 113% to ₹139 crore, supported by higher volumes and a greater share of value-added products. Latest News: Q1 FY27 revenue jumped 56% YoY to ₹934.9 crore, while PAT increased 31.6% to ₹35.9 crore. Copper sales have expanded rapidly, while lead EBITDA per tonne reached a record level. The company is progressing with a ₹200 crore copper cathode expansion, with Phase 1 targeted for commissioning by December 2026. Corporate Action: The company fixed September 15, 2026 as the record date for its AGM and dividend. It also approved amalgamation with wholly owned subsidiary POCL Future Tech, creating potential recycling synergies.