Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · POKARNA LIMITED · 9 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
POKARNA LIMITED
NSE: POKARNA · BSE: 532486
NSE: POKARNA · BSE: 532486
Consumer Discretionary › Consumer Durables › Consumer Durables › Granites & Marbles
POKARNA LIMITED
StateQ1 FY27 filed
Last close · 8 Oct 2026₹678.00
Market cap₹2.1k cr
TTM P/E · P/B · EV/EBITDA22.1 · 2.45 · 12.2
POKARNA LIMITED is a Consumer Durables company listed on NSE. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 650 | 728 | 688 | 930 | 572 |
| EBITDA (ex other income) | 174 | 170 | 210 | 326 | 168 |
| margin % | 26.8 | 23.3 | 30.5 | 35.0 | 29.3 |
| Owners' profit | 78 | 66 | 87 | 188 | 81 |
| EPS, as reported (₹) | 25.25 | 21.23 | 28.18 | 60.49 | 26.00 |
| ROE % · ROCE % | 17.7 · 16.1 | 13.0 · 15.7 | 14.7 · 17.8 | 24.1 · 26.8 | 9.4 · 10.7 |
| Debt / equity (x) | 1.15 | 0.90 | 0.66 | 0.42 | 0.50 |
| Cash from operations | 69 | 136 | 188 | 191 | 183 |
| Capex | (217) | (33) | (43) | (98) | (327) |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · POKARNA LIMITED · 9 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 251 | 224 | 263 | 171 | 118 | 135 | 147 | 189 |
| Profit before tax | 68 | 69 | 83 | 38 | 10 | 28 | 35 | 57 |
| Net profit | 45 | 51 | 59 | 28 | 6 | 20 | 26 | 43 |
| EPS (₹) | 14.50 | 16.32 | 19.00 | 9.13 | 2.04 | 6.57 | 8.26 | 13.74 |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Granite | 6 | 1.1 |
| Quartz Surfaces | 549 | 96.0 |
| Granites | 16 | 2.9 |
| Total, before eliminations | 572 | 100.0 |
Source: the filed segment block, four quarters summed.
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| MIDWEST LIMITED | 3,616 | 31.4 | 3.70 | 19.8 | 10.9 | 12.5 | — | 28.6 |
| POKARNA LIMITED ◆ | 2,102 | 22.1 | 2.45 | 13.3 | 9.4 | 8.4 | 14.1 | 39.2 |
| GLOBAL SURFACES LIMITED | 116 | — | 0.43 | 26.6 | (11.8) | (6.2) | — | 13.0 |
| PACIFIC INDUSTRIES LTD. | 92 | 46.2 | 0.21 | 9.8 | 0.4 | 0.3 | (2.8) | 10.3 |
| ELEGANT MARBLES & GRANI INDUST | 49 | 14.6 | 0.39 | — | 2.7 | 3.8 | — | 10.9 |
| ROYAL CUSHION VINYL PRODUCTS L | 46 | — | — | — | 21.7 | 197.6 | — | (38.1) |
| ORIENTAL TRIMEX LTD | 35 | 11.4 | 0.35 | — | 1.8 | 2.8 | — | 18.9 |
| ARO GRANITE IND. LTD. | 35 | — | 0.20 | — | (6.8) | (5.4) | — | (10.1) |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 22.1 | 22.1 | 3 of 5 | 50% |
| P/B | 2.5 | 0.4 | 7 of 8 | 14% |
| ROCE | 8.4 | 2.8 | 3 of 9 | 75% |
| ROE | 9.4 | 1.1 | 2 of 8 | 86% |
| Debt / Equity | 0.5 | 0.1 | 6 of 8 | 29% |
| EBITDA margin | 39.2 | 10.9 | 1 of 9 | 100% |
| Revenue growth | 10.8 | (6.8) | 3 of 8 | 71% |
| Profit growth | 50.6 | (68.2) | 2 of 8 | 86% |
| Market cap | 2102 | 49 | 2 of 9 | 88% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · POKARNA LIMITED · 9 October 2026Page 3 of 3
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 6 Oct 2026 · Pokarna files Reg 74(5) depository certificate for Sep 2026 quarter | compliance | minimal | — | — |
| 25 Sept 2026 · Trading Window closed for Q2FY27 results | compliance | minimal | — | — |
| 10 Sept 2026 · US Commerce sets Pokarna unit's antidumping duty at zero in preliminary review | regulatory legal | high | — | — |
| 22 Aug 2026 · Pokarna gets Central GST show cause notice proposing about Rs 2.35 crore demand | regulatory legal | high | — | — |
| 8 Aug 2026 · Pokarna publishes Q1 FY27 unaudited results in newspapers | compliance | minimal | — | — |
| 7 Aug 2026 · Pokarna Q1 profit up 51%; Om Jaiswal named new Company Secretary | management changes | medium | — | — |
| 7 Aug 2026 · Q1 FY27 results: consolidated net profit up 51%; Company Secretary resigns | management changes | high | — | — |
| 7 Aug 2026 · Pokarna Q1 FY27: profit swing at standalone, consolidated PAT up about 51 percent | results | high | — | — |
| 7 Aug 2026 · Pokarna Q1 FY27 results: PAT up 51%, revenue up 11% YoY; CS change | results | high | — | — |
| 29 Jul 2026 · Board meeting on 7 Aug 2026 to approve Q1 FY27 results | results | low | — | — |
Source: exchange announcements; reaction = close-to-close from the filing's session.
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in