Slide 1: Corrigendum to Results Presentation letter
18th November, 2024 To To The Deputy General Manager The Listing Manager BSE Limited National Stock Exchange of India Ltd. 1st Floor, New Trading Ring Exchange Plaza Rotunda Building, P.J. Towers Bandra (East) Dalal Street, Mumbai – 400001 Mumbai – 400051 Maharashtra, India Maharashtra, India Scrip
Slide 2: Pokarna Limited Q2 & H1FY25 Results Presentation
POKARNA LIMITED Q2 & H1FY25 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 opinions contained in this presentation. Such information and opinions are in all events not c
Slide 4: Company Overview
COMPANY OVERVIEW Starting with natural granite mining and processing, we expanded to become India's largest exporter of premium quartz surfaces 3
Slide 5: Quartz Business Highlights
Quartz Business Highlights • Market Leader: India’s largest exporter of premium quartz surfaces through PESL, a wholly owned subsidiary of Pokarna Ltd. • Global Footprint: Products distributed across key international markets. • Diverse Offerings: 100+ innovative quartz designs catering to a wide ra
Slide 6: Quartz Business Highlights
Quartz Business Highlights • Cutting-Edge Technology: Two state-of-the-art units utilizing the advanced Bretonstone System from Breton, Italy. • Always Advancing: Combining decades of expertise with innovation, technology, design, and research to stay at the forefront of the industry. • Team of A-Pl
Slide 7: Granite Business Highlights
Granite Business Highlights • Proven Expertise: Over 30 years of leadership in granite quarrying and processing. • Integrated Operations: Seamlessly managing both quarrying and processing for superior control and efficiency. • Diverse Offerings: Providing raw granite blocks and finished products to
Slide 8: ₹440 Crore Commitment to Growth and Innovation
₹440 Crore Commitment to Growth and Innovation • Investment: PESL to invest ₹440 crore to expand quartz manufacturing capabilities at its state-of-the-art facility in Mekaguda, Telangana, India. • 3rd Quartz Production Line : The third Bretonstone production line from Breton S.p.A. (Italy) will set
Slide 9: Financial Highlights
Z Jo FINANCIAL HIGHLIGHTS 7
Slide 10: Consolidated Financials
Consolidated Financials Rs. In Cr Particulars Q2FY25 Q2FY24 % H1FY25 H1FY24 % Revenues 251 200 26 444 361 23 EBITDA 88 73 21 154 122 26 Margins (%) 35 37 (200 bps) 35 34 +100 bps Depreciation 11 10 10 22 21 5 Interest 9 11 (18) 18 21 (14) PAT 45 33 36 78 51 53 Margins (%) 18 17 +100 bps 18 14 +400 b
Slide 11: Business and Environment overview
Business and Environment overview • Strong Q2 Results: PESL delivered solid performance despite challenging market conditions, reflecting the success of targeted sales and productivity initiatives • Encouraging U.S. Market Trends: • The Federal Reserve implemented two rate cuts this year, reducing t
Slide 12: Business and Environment overview
Business and Environment overview • Technological Advancements: • KREOS Line: Commercialization expected in Q3FY25, with product launches planned for ~ Q4FY25. • CHROMIA Line: Expected to go live by Q4FY25. • New Market Opportunities: Seeing strong interest from newer markets like Canada, France, Me
Slide 13: Segmental Performance
SEGMENTAL PERFORMANCE 12
Slide 14: Granite
Granite Revenue ( Rs. In Crs) EBITDA ( Rs. In Crs) 10 9 6 4 3 -2 Q2FY24 Q1FY25 Q2FY25 Granite: Efforts underway to improve the division’s performance . Apparel: Board approved divestment of the business as a going concern on 23rd March 2024. 13
Slide 15: Quartz
Quartz Revenue ( Rs. In Crs) EBITDA ( Rs. In Crs) 243 190 187 89 74 68 Q2FY24 Q1FY25 Q2FY25 • Actively working to roll out new quartz product launches, marketing efforts, and promotional activities to accelerate sales growth. • Driving operational efficiencies and maintaining strict cost controls. 1
Slide 16: Historical Financials
HISTORICAL FINANCIALS 15
Slide 17: Historical Financials
Historical Financials EBITDA ( Rs. In Crs) Margin % 725 221 688 650 182 181 136 394 295 88 35 30 28 32 25 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 REVENUE ( Rs. in Crs) EBITDA 16
Slide 18: Historical Financials
Historical Financials 591 87 506 78 71 443 66 366 339 28 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 PAT ( Rs. in Crs) NETWORTH ( Rs. in Crs) 17
Slide 19: Investor Contact
INVESTOR CONTACT Pokarna Limited CDR India M. Viswanatha Reddy Gavin Desa / Suraj Digawalekar 105, 1st Floor, Surya Towers, S. P. Road, Tel: +91 22 6645 1237 / 1219 Secunderabad, Telangana – 500003 Fax: +91 22 6645 1213 Tel: +91 40 2784 4101 / 2784 2182 E-mail: gavin@cdr-india.com / suraj@cdr-india.