Pokarna Limited · NSE:POKARNA
Pokarna — Q3 FY2023 Earnings Presentation
19 slides from Pokarna's earnings presentation, Feb 15, 2023
Slide 1: Exchange filing cover letter for Q3FY23 results presentation
Date: February 15, 2023 BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Fort Bandra Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai- 400 051 Scrip Code: 532486 Symbol: POKARNA Dear Sir/Madam, Subject: SEBI (Listing Obligations
Slide 2: Q3&9M FY23 Results Presentation
Q3&9M FY23 Results Presentation
Slide 3: Table of Content and Safe Harbor
Table of Content Safe Harbor No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or Financial Highlights 3 opinions contained in this presentation. Such information and opinions
Slide 4: Financial Highlights
@) POKARNA LIMITED India’s No. 1 granite company Financial Highlights
Slide 5: Business and environment overview
Business and environment overview • After a strong first half of FY23, housing and construction markets in the United States have witnessed a significant decline on the back of rising interest rates and high inflation • In response to declining demand and a steep fall in shipping prices, our custome
Slide 6: Consolidated Financials Rs. In Cr
Consolidated Financials Rs. In Cr Particulars Q3FY23 Q3FY22 % 9M FY23 9M FY22 % Revenues 113 192 (41) 566 446 27 EBITDA 25 62 (60) 137 131 5 Margins (%) 21.84 32.19 (1035 bps) 24.27 29.27 (500 bps) Depreciation 11 10 11 31 28 11 Interest 10 9 7 29 27 5 PAT 3 34 (92) 55 58 (5) Margins (%) 2.32 17.58
Slide 7: Segmental Performance
@) POKARNA LIMITED India’s No. 1 granite company Segmental Performance
Slide 8: Segmental Performance
Segmental Performance 20 Challenging external environment – 12 heightened competitive intensity, higher 8 Granite 4 4 interest rates impacted revenues and profitability -1 Q1FY23 Q2 FY23 Q3 FY23 219 201 Quartz Surfaces Rising interest rate environment weighed 105 in on demand and customer sentiments
Slide 9: Key Developments
@) POKARNA LIMITED India’s No. 1 granite company Key Developments
Slide 10: Enhancing Brand visibility
Enhancing Brand visibility 9
Slide 11: Way Forward
Way Forward Focus on improving capacity utilization of new quartz unit Rising interest rates, higher inflation and declining consumer confidence are likely to impact demand momentum in the near term 10
Slide 12: Key Strengths & Capabilities
Key Strengths & Capabilities
Slide 13: Key Strengths & Capabilities
Key Strengths & Capabilities Quartz ➢ Experienced leadership team with significant tenure and track record. ➢ State of art production facilities and continued focus on R&D ➢ Comprehensively serving through private label products and Quantra brand ➢ Laser-focused on operational excellence ➢ Focused o
Slide 14: Company Overview
@) POKARNA LIMITED India’s No. 1 granite company Company Overview
Slide 15: Business Overview
Business Overview 30 2 2 Years of Experience State of the art Granite State of the art Quartz Mfg. units in Telangana Mfg. units in Telangana and Andhra Pradesh 1 10+ 20+ State of the art Apparel Captive Quarries located in Countries of Presence Mfg. unit in Telangana Andhra Pradesh, Telangana and T
Slide 16: Granite
Granite State-of-the-art Manufacturing Facilities ➢ Backward Integrated – Sourcing majority of raw ➢ Fully automated production line – Cutting edge material from captive quarries. technology armed with fully computer-controlled high speed polishing lines transforms granite from its crude ➢ Captive q
Slide 17: Quartz Surfaces
Quartz Surfaces ➢ Pokarna Engineered Stone Limited (PESL) – wholly State-of-the-art Manufacturing Facilities owned subsidiary of Pokarna Ltd., is India’s largest manufacturer and exporter of quartz surfaces. ➢ Two state-of-the-art Manufacturing units ➢ Global Demand – Products exported across variou
Slide 18: Financial Performance
Financial Performance Revenues (Rs.cr) EBITDA (Rs.cr) Margins (%) 650 35 27 30 33 30 462 177 394 152 136 337 295 100 88 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21* FY22 PAT (Rs.cr) Net worth (Rs.cr) 81 78 71 443 339 366 42 270 28 191 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 17
Slide 19: Investor Contacts
Investor Contacts For more information about us, please visit www.pokarna.com or contact: M.Viswanatha Reddy Gavin Desa / Suraj Digawalekar Pokarna Limited CDR India 105, 1st Floor, Surya Towers, S. P. Road, Tel: +91 22 6645 1237 / 1219 Secunderabad, Telangana – 500003 Fax: +91 22 6645 1213 Tel: +91