Pokarna Ltd.

NSE: POKARNA | BSE: 532486 | ISIN: INE637C01025 | Industry: Construction Materials
| Mid-range Performer

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Pokarna Ltd.
22 Aug 2018
948.20
3.82%
ICICI Securities Limited
Pokarna posted good Q1FY19 results given the low base as its quartz plant remained shut for 45 days in Q1FY18 owing to maintenance. Pokarna's topline grew by 23.4% YoY to | 83.4 crore led by strong performance of quartz business. Quartz revenues grew robustly by 54.7% YoY to | 51.2 crore. EBITDA margin slipped 32 bps YoY to 23.8% as granite margins contracted significantly by 860 bps YoY to 15%. However, PAT grew robustly by 69.5% YoY to | 9.2 crore led by topline...
Pokarna Ltd. is trading below all available SMAs
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