POCL Enterprises acquired a 51% stake in Trichy Metals and Alloys Private Limited for Rs 12.47 crore. This move expands POCL's presence in lead recycling, with TMA showing strong revenue growth and significant potential. Investors will watch integration and regulatory approvals.
POCL Enterprises Acquires 51% Stake in Trichy Metals
POCL Enterprises Limited has acquired a 51% equity stake in Trichy Metals and Alloys Private Limited (TMA) for Rs 12.47 crore. The transaction, completed on July 15, 2026, was made through cash consideration.
TMA reported a turnover of Rs. 163.74 crore in FY 2025-26 and a Profit After Tax of Rs. 3.60 crore in the same period. The company also possesses significant operational capacities with a refining capacity of 26,000 MTPA and a smelting capacity of 21,500 MTPA, with an estimated revenue potential of Rs. 600 crore per annum.
Reader Takeaway: Inorganic growth in lead recycling; pending regulatory approval for scrap imports is a key watch point.
What just happened
POCL Enterprises has successfully acquired a controlling 51% stake in Trichy Metals and Alloys Private Limited (TMA) for Rs 12.47 crore. The deal was completed on July 15, 2026, using cash.
Why this matters
This acquisition significantly expands POCL's operational scale in the lead recycling sector. TMA is a profitable entity with a strong revenue history and substantial refining and smelting capacities, holding a revenue potential of Rs 600 crore annually. It also opens doors for diversification into other non-ferrous metals like copper and aluminium.
The backstory
TMA has shown consistent revenue growth, with turnover reaching Rs. 163.74 crore in FY 2025-26. The company's operational metrics include a refining capacity of 26,000 MTPA and a smelting capacity of 21,500 MTPA.
What changes now
POCL Enterprises will now have a controlling interest in TMA, integrating its operations to improve resource efficiency and market share in lead recycling. The acquisition is expected to unlock significant value through synergies and diversification opportunities.
Risks to watch
An important watch point is TMA's pending approval from the Ministry of Environment, Forest and Climate Change (MoEF). This clearance is crucial for importing lead scrap, which is essential for the company's operational continuity.
Peer comparison
Information on comparable companies in the lead recycling sector is not provided in the filing.
Context metrics (time-bound)
TMA's turnover was Rs. 163.74 crore in FY 2025-26, a significant increase from Rs. 112.85 crore in FY 2024-25 and Rs. 103.97 crore in FY 2023-24. Profit After Tax for FY 2025-26 was Rs. 3.60 crore.
What to track next
Investors should monitor the progress of TMA's MoEF regulatory approval for lead scrap imports and the effectiveness of POCL's integration of TMA's operations. Achieving the Rs. 600 crore annual revenue potential will also be a key indicator.