Pokarna Reports Strong Q3 FY24-25 Growth Amid Mixed Financial Indicators

Pokarna, a small-cap player in the Ceramics/Marble/Granite/Sanitaryware industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a very positive financial performance for Q3 FY24-25, although the stock's evaluation has experienced a revision, with its score adjusting from 27 to 25 over the past three months.
The financial data reveals several strengths for Pokarna. The company reported a Profit After Tax (PAT) of Rs 50.53 crore, reflecting a significant year-on-year growth of 125.5%. Similarly, the Profit Before Tax (PBT), excluding other income, reached Rs 58.29 crore, marking a year-on-year increase of 63.14%. Net sales also showed a positive trend, amounting to Rs 223.61 crore, which is a 35.85% growth compared to the previous year. Additionally, the Earnings per Share (EPS) reached its highest level in the last five quarters at Rs 16.32, indicating enhanced profitability.

However, there are areas of concern. The Debtors Turnover Ratio has declined to its lowest point in five half-yearly periods at 3.86 times, suggesting a slowdown in the company's ability to settle its debts. Furthermore, the increase in non-operating income to Rs 10.77 crore raises questions about sustainability.

For more insights on Pokarna's financial trends and performance, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.