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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Pondy Oxides and Chemicals Limited is an India-based company, which is engaged in producing lead, lead alloys and plastic additives. The principal activities of the Company are converting lead scraps of various forms into lead metal and alloys. It carries out smelting of lead…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, fast-growing business, reasonably priced — but flagged on governance.
PONDY OXIDES & CHEM LTD is scored on the commodity / cyclical framework. It keeps a slim 4.5% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -0.33×) — worth a closer look. Free cash flow is worth about -3.1% of its market value.
Over the last 3 years revenue compounded at 26%/yr and profit at 21%/yr. Book value itself has compounded 44%/yr — the hallmark of a genuine compounder. Return on equity is a healthy 16.7%. In the latest quarter profit fell 4% versus the prior quarter.
At 4× earnings, the stock sits at the 28th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~10%/yr earnings growth for a decade. The forensic screen raises a red flag: Only ₹0.06 of cash per ₹1 profit over 4 years — earnings not converting to cash.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 20.97 | 6.74 | worse |
| P/B | 3.79 | 2.76 | worse |
| EV/EBITDA | 13.89 | — | — |
| ROE | 16.73 | 20.59 | worse |
| ROCE | 20.25 | 20.01 | better |
| ROA | 14.51 | 10.41 | better |
| Quick Ratio | 2.19 | 1.38 | better |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Hindustan Zinc | 11.5 | 8.0 | 69.5% |
| Hindalco Industries | 13.1 | 1.6 | 12.8% |
| Vedanta Aluminium Metal | 6.8 | 6.4 | 80.1% |
Revenue has grown every year across all 4 financial years shown. 26% CAGR over 3 years — high-growth territory. Growth is accelerating — latest year outpaced the prior year's rate.
Revenue is outpacing profit (26% vs 21%) — costs are rising faster than the top line. The latest year saw a +127% swing — check if it's a one-off or structural.
Operating margins have been stable around 6% — no major structural shift.
ROE at 17% — a respectable return on shareholder capital. High ROE despite single-digit margins — an asset-turn play with high capital velocity. Capital efficiency declining — ROE down 12pp.
Profit grew faster than EPS (21% vs -12%) — share dilution is eroding per-share value. -12% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Wide quarterly swings (32% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 32% above earlier ones.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 36.4% — dispersed ownership; institutional flows drive the stock. Promoters reduced 3.0pp over 4 quarters — watch whether this is planned divestment or pledge invocations. MF holding up 4.7pp — domestic institutional discovery underway.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.