Pokarna Ltd

Pokarna Ltd

₹ 467 1.41%
19 Apr - close price
About

Pokarna established their Granite business in 1991. Their products today are renowned for its quality, uniqueness, design and variation. Their state-of-the-art manufacturing facilities are equipped with specialized Bretonstone® technology, used for producing Quartz surfaces. They have strong presence in 23 countries and a robust distribution network which enables them to maintain uninterrupted and steady supply of products. Their Quartz surfaces are marketed under the brand name Quantra, while their granite products are sold under the Pokarna brand. We also have apparel manufacturing & retailing business under STANZA brand. [1]

Key Points

Product Offerings
The company’s color palette includes over 75 varieties of granite sourced from India, Ukraine, Madagascar, and Norway. Some of them are Arctic Breeze, Bellini, Donatello, Artisan Wool Calacatta Capri, Masaccio, etc [1] [2]

  • Market Cap 1,449 Cr.
  • Current Price 467
  • High / Low 600 / 332
  • Stock P/E 17.6
  • Book Value 179
  • Dividend Yield 0.13 %
  • ROCE 14.6 %
  • ROE 13.8 %
  • Face Value 2.00

Pros

Cons

  • Stock is trading at 2.61 times its book value
  • Dividend payout has been low at 3.93% of profits over last 3 years

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Miscellaneous Industry: Miscellaneous

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
82 92 105 148 192 204 240 213 113 162 162 200 165
55 73 83 103 131 159 180 161 87 130 116 131 113
Operating Profit 27 19 23 45 61 45 61 53 26 32 46 68 52
OPM % 33% 20% 21% 30% 32% 22% 25% 25% 23% 20% 28% 34% 31%
1 4 1 1 0 5 1 1 1 4 2 5 2
Interest 5 6 8 10 9 13 12 9 12 11 10 11 9
Depreciation 5 6 9 9 10 10 10 10 11 10 12 10 11
Profit before tax 18 11 5 26 43 27 39 34 4 13 27 52 34
Tax % 29% 64% 24% 23% 22% 25% 28% 29% 40% 20% 34% 37% 38%
13 4 4 20 34 20 28 24 3 11 18 33 21
EPS in Rs 4.14 1.22 1.30 6.58 10.89 6.49 9.19 7.74 0.85 3.45 5.78 10.55 6.85
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
178 199 226 324 391 365 335 459 393 295 650 727 689
149 164 178 239 256 234 240 315 262 212 473 556 491
Operating Profit 29 36 48 85 134 131 95 144 132 83 176 171 198
OPM % 16% 18% 21% 26% 34% 36% 28% 31% 33% 28% 27% 24% 29%
4 17 9 15 -12 10 6 9 5 6 7 11 13
Interest 44 35 33 34 38 33 30 27 23 22 42 50 42
Depreciation 19 22 20 23 18 17 20 26 23 21 39 42 43
Profit before tax -30 -5 3 43 66 90 51 101 91 45 102 91 126
Tax % -2% -29% -325% 28% 22% 22% 17% 20% 22% 37% 23% 28%
-31 -7 12 31 51 70 42 81 71 28 78 66 83
EPS in Rs -9.98 -2.14 3.77 10.12 16.52 22.66 13.62 26.02 22.81 9.12 25.25 21.23 26.63
Dividend Payout % 0% 0% 11% 6% 12% 3% 4% 2% 3% 7% 2% 3%
Compounded Sales Growth
10 Years: 14%
5 Years: 17%
3 Years: 23%
TTM: -11%
Compounded Profit Growth
10 Years: 20%
5 Years: 9%
3 Years: -2%
TTM: 10%
Stock Price CAGR
10 Years: 34%
5 Years: 22%
3 Years: 26%
1 Year: 27%
Return on Equity
10 Years: 24%
5 Years: 18%
3 Years: 14%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 6 6 6 6 6 6 6 6 6 6 6 6 6
Reserves 16 9 20 47 91 145 185 264 332 359 437 501 550
252 274 310 290 272 271 255 238 288 312 515 459 419
148 125 91 85 99 76 60 89 292 325 214 138 152
Total Liabilities 422 414 426 428 468 497 506 597 918 1,003 1,172 1,104 1,127
295 280 259 241 239 260 270 259 269 699 758 733 717
CWIP 4 2 3 6 20 3 3 55 431 65 1 1 1
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
123 132 165 182 209 235 234 283 218 239 412 371 410
Total Assets 422 414 426 428 468 497 506 597 918 1,003 1,172 1,104 1,127

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
43 8 -15 61 106 111 77 108 379 98 59 136
-3 -9 -5 -15 -30 -31 -28 -64 -386 -84 -210 -25
-38 3 16 -41 -75 -65 -52 -44 -1 -12 161 -115
Net Cash Flow 2 2 -4 5 -0 16 -3 1 -7 1 10 -3

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 77 65 86 78 73 67 76 54 31 54 80 55
Inventory Days 479 550 569 311 354 468 466 251 272 463 285 218
Days Payable 179 178 203 126 97 134 137 98 102 192 167 71
Cash Conversion Cycle 377 437 452 264 330 401 405 208 202 325 198 202
Working Capital Days -76 -27 56 70 63 73 102 53 36 70 101 110
ROCE % 5% 6% 9% 20% 34% 31% 19% 27% 20% 10% 18% 15%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
56.66% 56.66% 56.66% 56.66% 56.66% 56.66% 56.66% 56.66% 56.66% 56.66% 56.66% 56.66%
1.63% 1.68% 1.73% 2.39% 2.77% 2.82% 3.65% 3.63% 3.66% 3.95% 4.05% 4.27%
7.07% 6.10% 9.82% 10.22% 9.86% 9.89% 10.19% 10.34% 10.34% 10.38% 10.25% 11.16%
34.64% 35.56% 31.79% 30.73% 30.71% 30.63% 29.49% 29.36% 29.34% 29.00% 29.03% 27.93%
No. of Shareholders 20,94018,63718,25518,60919,61320,92619,36419,23918,71418,34419,70920,682

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls