Pokarna Ltd - Stock Valuation and Financial Performance

BSE: 532486 | NSE: POKARNA | Ceramics/Marble/Granite/Sanitaryware | Small Cap

Pokarna Share Price

424 -11.05 -2.54%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Pokarna

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Pokarna stock performance -

mw4me loader
P/E Ratio (CD):
16.34
Market Cap:
1,348.8 Cr.
52-wk low:
233.8
52-wk high:
600

Is Pokarna Ltd an attractive stock to invest in?

1. Is Pokarna Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Pokarna Ltd is a average quality company.

2. Is Pokarna Ltd undervalued or overvalued?

The key valuation ratios of Pokarna Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Pokarna Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Pokarna Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Pokarna:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Pokarna Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 9.8%13.6%24.9%24.2%14%20.1%15%6.4%13%9.9%-
Value Creation
Index
-0.30.00.80.7-00.40.1-0.6-0.1-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 231326394367337462394295650728689
Sales YoY Gr.-41.5%20.7%-6.8%-8.4%37.3%-14.8%-25.1%120.4%12%-
Adj EPS 2.57.319.823.412.724.822.28.324.419.426.6
YoY Gr.-197.2%171.4%17.9%-45.7%95.4%-10.4%-62.5%192.6%-20.6%-
BVPS (₹) 8.317.131.248.761.887.2109.2117.9142.9163.6186.1
Adj Net
Profit
7.622.761.572.639.476.968.925.875.66083
Cash Flow from Ops. -15.460.810611177.110837998.359.4137-
Debt/CF from Ops. -20.24.82.62.43.22.20.83.18.63.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 13.6%16.7%22.7%12%
Adj EPS 25.8%8.8%-4.5%-20.6%
BVPS39.3%21.5%14.4%14.5%
Share Price 32.2% 20.2% 17.6% 79.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
36.957.682.158.62333.322.67.318.712.615.2
Op. Profit
Mgn %
21.426.234.337.428.231.633.828.227.223.628.8
Net Profit
Mgn %
3.3715.619.811.716.617.58.811.68.212
Debt to
Equity
125.52.81.81.30.90.90.81.20.9-
Working Cap
Days
21217316420323819221325316918693
Cash Conv.
Cycle
13810910612414094861048310340

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 15.20%

Sales growth is growing at healthy rate in last 3 years 22.72%

Debt to equity has declined versus last 3 years average to 0.90

Net Profit has been subdued in last 3 years -4.49%

Sales growth is not so good in last 4 quarters at -3.37%

Latest Financials - Pokarna Ltd.

Standalone Consolidated
TTM EPS (₹) -0.3 26.6
TTM Sales (₹ Cr.) 52 689
BVPS (₹.) 39.7 186.1
Reserves (₹ Cr.) 117 571
P/BV 10.95 2.34
PE 0.00 16.34
From the Market
52 Week Low / High (₹) 233.75 / 599.95
All Time Low / High (₹) 4.41 / 832.00
Market Cap (₹ Cr.) 1,349
Equity (₹ Cr.) 6.2
Face Value (₹) 2
Industry PE 41.4

Management X-Ray of Pokarna:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales231326394367337462394295650728
Operating Expenses 183241260230242318262212474557
Manufacturing Costs7480908382855956102106
Material Costs519091767914612088235305
Employee Cost 25323733384243365359
Other Costs 32394138424540338487
Operating Profit 48851341379514413283176171
Operating Profit Margin (%) 20.7%26.0%34.1%37.4%28.2%31.2%33.4%28.0%27.1%23.5%
Other Income 176106956711
Interest 33343833302723224350
Depreciation 20231817202623213942
Exceptional Items 78-180000000
Profit Before Tax 343669751101914510291
Tax -912152092120172425
Profit After Tax 12315177428171287866
PAT Margin (%) 5.1%9.6%13.0%21.0%12.5%17.5%18.0%9.6%12.0%9.0%
Adjusted EPS (₹)3.810.116.522.713.626.022.89.125.321.2
Dividend Payout Ratio (%)11%6%12%3%4%2%3%7%2%3%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 265397151191270339366443507
Share Capital 6666666666
Reserves 204791145185264332359437501
Minority Interest0000000000
Debt277260245235221208274289489417
Long Term Debt206201179182162152224226384345
Short Term Debt715965535956506210472
Trade Payables283124283039344610859
Others Liabilities 887999947498281303139136
Total Liabilities 4204234655085166159271,0031,1781,120

Fixed Assets

Gross Block3873934094444674785109571,0501,060
Accumulated Depreciation128152170185198219241258292327
Net Fixed Assets259241239260270259269699758733
CWIP 362033554316511
Investments 0000000000
Inventories8077899810110090111183182
Trade Receivables5369786769683443143109
Cash Equivalents 7121328213732263130
Others Assets19182654529672596164
Total Assets 4204234655085166159271,0031,1781,120

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -1561106111771083799859136
PBT -535839751101914510291
Adjustment 55575749495246406990
Changes in Working Capital -64-29-23-9-3-2225823-96-17
Tax Paid -2-3-12-24-20-22-16-10-15-28
Cash Flow From Investing Activity -5-15-31-32-30-67-390-86-215-32
Capex -5-16-31-32-31-67-391-87-215-32
Net Investments 0000000000
Others 1110111111
Cash Flow From Financing Activity 16-41-75-65-52-44-1-13161-115
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 00000068-5157-40
Interest Paid -32-32-37-32-29-25-22-21-35-38
Dividend Paid 0-1-2-7-2-2-2-2-2-2
Others 48-7-37-25-21-16-451641-34
Net Cash Flow -45014-4-2-1206-10
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)56.5579.5968.3662.3424.6834.9323.228.0319.3713.85
ROCE (%)11.4422.6629.3432.9718.7626.9220.0910.3717.7714.68
Asset Turnover Ratio0.560.790.90.760.660.820.510.310.60.63
PAT to CFO Conversion(x)-1.251.972.081.441.831.335.343.50.762.06
Working Capital Days
Receivable Days69676872735447485263
Inventory Days11686769210880881248392
Payable Days18112111112513386110166119100

Pokarna Ltd Stock News

Pokarna Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Pokarna on 28-Mar-2024 16:01 is ₹424.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Pokarna stood at ₹1,348.8.
The latest P/E ratio of Pokarna as of 28-Mar-2024 16:01 is 0.00.
The latest P/B ratio of Pokarna as of 28-Mar-2024 16:01 is 10.95.
The 52-week high of Pokarna is ₹600.0 and the 52-week low is ₹233.8.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Pokarna is ₹51.96 ( Cr.) .

About Pokarna Ltd

Pokarna Ltd., a Pokarna Group company founded in 1991 under the vision of Gautam Chandra Jain is the India's No. 1 granite company and one of the largest exporters of natural stone from India dealing in over 80 premium colors and exporting to different parts of globe.

Today Pokarna is a well reputed name in granite industry, Pokarna prides itself as being the largest exporter of finished granite in India and one of the largest in Asia with export over 12 countries globally across Europe, middle east and predominately North America.

They process granite at two state of the art manufacturing facilities where their magic with granite begins with raw material from their own quarries as well as carefully identified independent ones.

For three decades & more, one group of companies - POKARNA - dared to be different, dared to be impractical and dared to do just about anything to assert integrity of purpose and imaginative wisdom against the creatures of the common place, the slaves of the ordinary. It dared to be different by pushing the envelope, by breaking the boundaries. The group that began life with textiles soon became the country's No. 1. In this remarkable journey to success and perfection, it picked up 30 years of experience in developing, marketing and distributing India 's largest premium brand to the fashion conscious Indian male.

Pokarna Group then diversified into granite processing for export and achieved the position of No 1 again. On this bedrock of financial strength, the group launched the apparels division –‘Stanza’

Product range of the company includes:

The company is engaged in the processing and export of granite in different colours:

  • Slabs
  • Tiles
  • Rough block
  • Cut to size

Achievements/ recognition:-

  • The Rocky Award 2005
  • Fastest growing and largest granite & stone company in India
  • Best exporter performance award, and many more
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.