Pokarna Limited (POKARNA) AI Stock Analysis

• Market Cap: ₹28.54B
• Dividend Yield: 0.07%
• Average Volume (3M): 6.23K
• Price to Earnings (P/E): 15.6
• Beta (1Y): 1.86
• Revenue Growth: 26.36%
• EPS Growth: 78.23%
• Country: IN
• Employees: 198
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Construction
• EPS (TTM): 9.13
• Shares Outstanding: 31,004,000
• 10 Day Avg. Volume: 9,971
• 30 Day Avg. Volume: 6,226
• PEG Ratio: 0.18
• Price to Book (P/B): 4.86
• Price to Sales (P/S): 4.06
• P/FCF Ratio: 60.70
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,005.00
• Price Target Upside: 9.19% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 66 Neutral
• Price Target: ₹1,005.00 ▲(9.19% Upside)

Pokarna Limited shows strong financial performance with robust revenue growth and profitability, underpinned by a healthy balance sheet. However, technical analysis indicates bearish momentum, with the stock trading below key moving averages. The valuation is reasonable, but the low dividend yield might not appeal to all investors.

Pokarna Limited Business Overview & Revenue Model

Company Description

Pokarna Limited is an India-based company primarily engaged in the business of processing and exporting granite and manufacturing quartz surfaces. Operating in the natural stones sector, the company is noted for its high-quality granite and quartz products, which are used in a variety of applications including countertops, flooring, and wall cladding. Pokarna Limited is recognized for its advanced manufacturing facilities and commitment to sustainable practices.

How the Company Makes Money

Pokarna Limited generates revenue through the production and sale of granite and quartz surfaces. The company operates several manufacturing units where raw granite is processed and exported to various international markets. Additionally, Pokarna's quartz surfaces are manufactured under its premium brand, Quantra, which contributes significantly to its revenue. The company benefits from strategic partnerships with distributors worldwide, enabling it to reach a broad customer base in both domestic and international markets. Pokarna's revenue model is reliant on its ability to maintain high production standards and capitalize on the growing demand for natural and engineered stone products.

Pokarna Limited Financial Statement Overview

Summary

Pokarna Limited demonstrates robust revenue growth and profitability, with a strong balance sheet and effective cost management. However, increased operational costs have impacted EBIT margins, and cash flow shows signs of slowing, which could affect future liquidity.

Income Statement

Pokarna Limited shows impressive revenue growth with a 35.28% increase from 2024 to 2025, indicating strong market performance. Gross profit margin improved to 51.68%, and net profit margin rose to 20.16%, showcasing effective cost management and profitability. However, a decline in EBIT margin from 51.20% in 2024 to 30.27% in 2025 suggests increased operational costs or reduced efficiency.

Balance Sheet

The company maintains a stable financial position with a debt-to-equity ratio of 0.48, indicating prudent leverage management. The equity ratio of 55.45% suggests a solid capital structure. Return on Equity (ROE) stands strong at 24.10%, reflecting efficient utilization of shareholders' equity. However, the total debt has increased over the years, which could pose a risk if not managed carefully.

Cash Flow

Pokarna's free cash flow growth rate shows a decline from 2024 to 2025, which may impact future investments or debt repayments. The operating cash flow to net income ratio of 0.85 indicates strong cash generation capability relative to net income. However, the free cash flow to net income ratio has decreased, suggesting lower cash availability relative to net income.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.29B	9.30B	6.88B	6.50B	7.28B	2.95B
Gross Profit	4.79B	4.81B	4.35B	3.57B	4.23B	1.77B
EBITDA	2.79B	3.47B	2.21B	1.77B	1.81B	882.40M
Net Income	1.44B	1.88B	873.63M	783.00M	658.11M	282.89M
Balance Sheet
Total Assets	0.00	14.03B	12.16B	11.72B	11.04B	10.03B
Cash, Cash Equivalents and Short-Term Investments	626.54M	1.23B	682.61M	231.65M	307.30M	121.05M
Total Debt	0.00	3.70B	4.01B	5.15B	4.59B	3.12B
Total Liabilities	-6.69B	6.25B	6.23B	7.29B	5.97B	6.37B
Stockholders Equity	6.69B	7.78B	5.92B	4.43B	5.07B	3.66B
Cash Flow
Free Cash Flow	0.00	622.66M	1.46B	-1.49B	1.03B	107.03M
Operating Cash Flow	0.00	1.60B	1.88B	686.13M	1.36B	983.07M
Investing Cash Flow	0.00	-952.82M	-377.81M	-2.14B	-316.43M	-860.00M
Financing Cash Flow	0.00	-682.47M	-1.08B	1.51B	-1.15B	-125.04M

Pokarna Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 920.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:POKARNA, the sentiment is Negative. The current price of 920.45 is below the 20-day moving average (MA) of 963.15, below the 50-day MA of 1018.43, and below the 200-day MA of 1084.64, indicating a bearish trend. The MACD of -33.65 indicates Positive momentum. The RSI at 41.28 is Neutral, neither overbought nor oversold. The STOCH value of 52.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:POKARNA.

Pokarna Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VSSL	74 Outperform	₹24.72B	24.05		0.78%	6.99%	-12.54%
MANINDS	69 Neutral	₹26.63B	17.08		0.85%	2.59%	26.56%
KSL	68 Neutral	₹37.98B	14.29		1.14%	2.03%	10.83%
POKARNA	66 Neutral	₹28.54B	15.62		0.07%	26.36%	78.23%
SUNFLAG	64 Neutral	₹53.39B	28.00		―	3.63%	35.19%
RAMRAT	63 Neutral	₹32.02B	46.83		0.72%	19.59%	13.81%
Sector *	61 Neutral	$10.10B	5.97	1.14%	3.00%	3.04%	-41.02%