Pokarna Limited — PPTs, 30-05-2025: Investor Presentation

1. Financial Highlights:

Pokarna posted FY25 revenue of Rs 930 Cr, up 35% YoY, with Q4 revenue soaring 63% YoY to Rs 262.7 Cr. EBITDA climbed 57% YoY to Rs 347 Cr for FY25, with margins expanding 500 bps to 37%. Q4 EBITDA margin jumped 1300 bps to 40%, driven by operational efficiencies. PAT more than doubled, rising 115% YoY to Rs 187.5 Cr, lifting margin to 20% from 13%. The balance sheet remains robust, with net worth at Rs 777 Cr, supporting further expansion.

2. Strategic Initiatives & Growth Drivers:

Growth is led by the quartz division, powered by two advanced Bretonstone units and captive raw materials. Pokarna offers 100+ quartz designs under the Quantra brand, focusing on innovation and global market expansion. The company maintains pricing discipline amid export competition while aiming to maximize capacity utilization through volume opportunities.

3. Business Developments:

The granite division’s turnaround is in progress, while the apparel business has been divested to concentrate on core areas. Integrated quarrying and processing operations help maintain quality control and supply chain efficiency.

4. Market Position & Competitive Advantage:

Pokarna is India’s largest exporter of premium quartz surfaces, leveraging captive raw materials, advanced technology, and a diversified product range. Its long-standing experience in granite and quartz markets, especially in the U.S., underpins a strong competitive position.

5. Investor Implications:

The company presents positive growth potential driven by strong quartz execution and operational leverage. Key risks include U.S. tariff uncertainties and pricing pressures that could affect margins. Focus on innovation, quality, and global partnerships supports a resilient outlook amid macro challenges.