POKARNAConsumer Discretionary

Pokarna Limited

Granites & Marbles · ISIN INE637C01025 · BSE 532486 · NSE EQ · FV ₹2
Last price
₹738
-1.73%today
What this company does

Pokarna Limited operates in Granites & Marbles, part of the Consumer Discretionary sector. It booked ₹189 cr of revenue in its latest quarter (Q1 FY27) and kept 22.5% of sales as profit. It is the 2nd largest of 6 Granites & Marbles companies we track, by market value.

Built on Enduring Excellence With over 30 years of experience, we have built Pokarna into one of India’s leading Our Inspiration A Sneak-peek into us granite exporters and the world’s largest quartz exporter. We operate with resilience Rich in character, timeless in appeal and unmatched in diversity.
In the report:
66out of 100
Equitytale Health Score
Solid

Healthier than 66% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 187–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
22

At close. Not part of the score.

Profitability & returns83

How much profit it earns on the money it employs

Balance sheet48

How much it owes, and whether earnings cover the interest

Cash quality64

Whether reported profit actually arrives as cash

Growth & consistency51

Whether sales and profit have grown, and how steadily

Valuation55

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 22% net margin
Sales up 11% vs last year
Profit up 51% vs last year
Promoters hold 57%
No promoter shares pledged
Strong 20% return on equity
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in POKARNA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹738 -1.73%
latest close · 2026-09-17
1-year return
+55.3%
52-wk low ₹40752-wk high ₹1,079
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio13.4Low
LowAverageHigh
P/B ratio2.67Moderate
Below bookModerateHigh
EV / EBITDA9.1Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity19.9%Strong
WeakFairStrong ▸15%
Return on capital19.0%Strong
WeakFairStrong
Net margin22.5%Strong
ThinDecentStrong
EBITDA margin39.2%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.50Comfortable
LowModerateHigh ▸1
Interest cover12.1×Strong
RiskyOkayStrong ▸5×
Current ratio1.32Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹2,287 cr
Book value
₹276
EPS
₹13.74
latest quarter
Net debt
₹413 cr
owes more than its cash
Enterprise value
₹2,699 cr
EBITDA
₹297 cr
annualised
EBIT
₹250 cr
annualised
Operating margin
33.0%
Return on assets
10.5%
Earnings yield
7.45%
P/S
3.02
Sales / share
₹244.4
Tax rate
25.7%
Face value
₹2
Shares
3.1 cr
Working capital
₹98 cr
Current assets
₹401 cr
Current liabilities
₹303 cr
Delivery %
50.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹532 vs market price ₹738 — price is 39% above it
Safety cushion-38.8%(target ≥ +20%)
Models span ₹334₹729, midpoint ₹532
Model ₹532
Price ₹738
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹189 cr
Other Income₹6 cr
Total Income₹196 cr
Cost of Materials₹48 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹6 cr
Employee Benefit Expense₹24 cr
Finance Costs₹5 cr
Depreciation & Amortisation₹12 cr
Other Expenses₹44 cr
Total Expenses₹138 cr
Profit before Tax₹57 cr
Tax Expense₹15 cr
Net Profit₹43 cr
Net margin on total income21.8%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹53 cr27.2%
Employee benefit expense₹24 cr12.4%
Finance costs₹5 cr2.6%
Depreciation & amortisation₹12 cr6.0%
Other expenses₹44 cr22.5%
Tax expense₹15 cr7.5%
Profit for the period₹43 cr21.8%
Total income ₹196 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue135 cr147 cr189 cr
Total income142 cr155 cr196 cr
Expenses115 cr119 cr138 cr
Profit before tax28 cr35 cr57 cr
Tax7 cr10 cr15 cr
Net profit (owners' share)20 cr26 cr43 cr
Net margin (owners' share, on revenue)15.1%17.4%22.5%
EPS (₹)6.578.2613.74
YoY (latest quarter): total income +12.6% · net profit +50.6%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹1,616 cr
Shareholder equity
₹857 cr
parent shareholders
Total debt
₹426 cr
Cash
₹14 cr
Cash flow · H1 FY26
Operating
₹88 cr
Investing
₹-23 cr
Financing
₹-75 cr
Peer comparison
Granites & Marbles · by market value
CompanyPriceMarket capP/E
Midwest Limited₹976₹3,530 cr28.4
Pokarna Limitedthis company₹738₹2,287 cr13.4
Global Surfaces Limited₹28₹45 cr176.1
Oriental Trimex Limited₹5₹37 cr8.3
Aro Granite Industries Limited₹23₹35 cr
Madhav Marbles and Granites Limited₹35₹31 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.08%
trailing 12 months
Dividend / share (TTM)
₹0.6
Last dividend
₹0.6
ex 20 Jul 2026
ActionDetailEx-date
Dividend₹0.6 / share20 Jul 2026
Dividend₹0.6 / share3 Sep 2025
Dividend₹0.6 / share23 Sep 2024
Dividend₹0.6 / share11 Sep 2023
Dividend₹0.6 / share29 Aug 2022
Dividend₹0.6 / share29 Jul 2021
Who owns it · 2026-06-30
No pledge
Promoter
56.7%
FII / Foreign
6.9%
DII / Domestic
15.6%
Retail / others
20.8%
Smart-money activity
Insider trades
BoughtGautam Chand Jain · Immediate relative60,00019 Nov 24
SoldRitu Jain · Immediate relative60,00019 Nov 24
BoughtRAJINI MEKA · Immediate relative100 · ₹45,38026 Sep 23
Bulk / block deals
SoldPERSISTENCE CAPITAL FUND I · NSE2.33 L @ ₹827.5610 Sep 26
BoughtHARSHITA SINGHAL · NSE2.00 L @ ₹836.7810 Sep 26
short · NSE321 Aug 26
Stake changes
BoughtBowhead India Fund→ 5.00% · 5,89129 Dec 25
BoughtBowhead India Fund→ 5.00% · 5,89129 Dec 25
BoughtBowhead India Fund→ 5.00% · 5,89117 Dec 25
What shareholders were asked to approve
1 proposal passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 10 Sep 2025
See the official result
1
To receive, consider and adopt: (a) the Audited Standalone Financial Statements of the Company consisting of the Balance Sheet as at 31st March, 2025, the Statement of Profit and Loss, Cash Flow Statement and Statement of Changes in Equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the reports of the Board of Directors and the Auditors report thereon; (b) the Audited Consolidated Financial Statements of the Company consisting of the Balance Sheet as at 31st March, 2025, the Statement of Profit and Loss, Cash Flow Statement and Statement of Changes in Equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the Auditors’ Report thereon;
Backed by 100% of shareholders other than promotersneeded 50%
46.03 L votes for, 171 against · 0% of mutual funds and other big investors said no
2
To declare dividend on Equity Shares for the Financial Year 2024-25.
Backed by 100% of shareholders other than promotersneeded 50%
46.03 L votes for, 171 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Mrs. Apurva Jain (DIN: 06933924), who retires by rotation and being eligible, offers herself for re-appointment
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
46.03 L votes for, 171 against · 0% of mutual funds and other big investors said no
4
Appointment of Mr. Gautam Damodar Sawang (DIN: 11219711) as an Independent Director of the Company as a Special resolution
Backed by 100% of shareholders other than promotersneeded 75%
46.03 L votes for, 171 against · 0% of mutual funds and other big investors said no
5
To appoint the Secretarial Auditors of the Company.
⚑ Passed only because promoters voted yes
Backed by 24% of shareholders other than promotersneeded 50%
11.28 L votes for, 34.75 L against · 76% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 18 named members
owning 56.7% between them · as of 2026-06-30
GAUTAM CHAND JAIN51.43%
NEHA CHORDIA1.61%
RAHUL JAIN1.61%
VIDYA JAIN1.61%
MEGHA JAIN0.40%
Anju Jainno shares
Chaya Jainno shares
Ekta Jainno shares
Business done with them
FY2026 · 5 of the group
The company paid ₹17 cr to companies in the promoter group last year — about 3.0% of its ₹572 cr revenue and received ₹3 cr back from them.
Gautam Chand Jain
Other payments to them
also owns 51.43% of the company
₹9 cr
company paid
Rahul Jain
Other payments to them
also owns 1.61% of the company
₹8 cr
company paid
Gautam Chand Jain
Contribution received from them
also owns 51.43% of the company
₹2 cr
company received
Gautam Chand Jain
Other income from them
also owns 51.43% of the company
₹95.7 L
company received
Rekha Jain
Leases As Lessee
₹26 L
company received
Vidya Jain
Leases As Lessee
also owns 1.61% of the company
₹15 L
company received
Ritu Jain
Leases As Lessee
₹14.3 L
company received
Gautam Chand Jain
Leases As Lessee
also owns 51.43% of the company
₹11.9 L
company received
Ritu Jain
Contribution made to them
₹11.8 L
company paid
Rahul Jain
Leases As Lessee
also owns 1.61% of the company
₹6.3 L
company received
Rahul Jain
Contribution made to them
also owns 1.61% of the company
₹5.3 L
company paid
Vidya Jain
Contribution made to them
also owns 1.61% of the company
₹5.3 L
company paid
Rahul Jain
Other income from them
also owns 1.61% of the company
₹3 L
company received
Vidya Jain
Other income from them
also owns 1.61% of the company
₹3 L
company received

The company also transacted with 10 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.