Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Aug - Newspaper publication for the unaudited financial results for the quarter ended June, 2026.
Source: Bse
Pokarna Limited (POKARNA)
Small CapIndustrials stocks · Small cap · NSE
Pokarna Limited operates in Granite, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:18 am IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
42NeutralSMA20 -13.6% / mo · MACD + · near 52W low
Stock trend: 37
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
POKARNAD candles · FIT view-20.8%Latest close ₹715.45 on 2026-10-19
Bar
-1.9%
RSI
44
MACD hist
8.10
52W pos
13%
2026-10-19O ₹729.00H ₹729.80L ₹707.85C ₹715.45Vol 55,519 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
POKARNANifty India ManufacturingNifty 500
- POKARNA
- -26.3%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- -20.8 pp
Chart stats
19 Oct 2026- From 52W high
- -37.6%
- 52W range position
- 13%
- ATR (14)
- 4.9%
- Volume vs 20D
- 0.54x
- Avg traded value
- ₹7.1 Cr
- 20D price channel
- ₹653.5 - ₹775.6
₹1,146.2
₹653.5 - ₹1,146.2
₹35
Latest completed session
20-session average
31.4% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · WATCHLIST43
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent90
Revenue +10.5% · PAT +53.6% YoY
Technical
Neutral42
Price trend and sector-relative-strength timing.
Valuation
Legacy model+40.5%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence61
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 90/100Rev +11% YoY · PAT +54% YoY · margin expansion · +29% QoQ · operating leverage
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹189 Cr | +10.5% | +28.6% |
| EBITDA | ₹68 Cr | +23.6% | +51.1% |
| Operating margin | 36.0% | +400 bps | +500 bps |
| PAT | ₹43 Cr | +53.6% | +65.4% |
| PAT margin | 22.8% | +638 bps | +506 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 22.80
- P/B
- 2.53
- EV/EBITDA
- 11.57
- Market Cap
- 2168.00Cr
Profitability
- ROE
- 9.85%
- ROCE
- 11.50%
- ROA
- 5.89%
- Dividend Y
- 0.09%
Growth (CAGR)
- Revenue 5Y
- 14.00%
- EPS 5Y
- 23.00%
- Revenue 3Y
- -8.00%
- EPS 3Y
- 7.00%
Balance Sheet
- Debt/Equity
- 0.53
- Interest Coverage
- 6.59×
- Altman Z
- 3.38
- Book Value
- 276.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 9/5
- OCF
- 183.00 Cr
- EPS TTM
- 30.61
Shareholding
- Promoter Hold
- 56.66%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 3%
Financial History
Updated 18/10/2026
Revenue
₹ CrLatest: 189+28.6% vs prev
Net Profit
₹ CrLatest: 43.0+65.4% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 44. Wait for confirmation.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~15.7% over last month) — short-term momentum negative.
- RSI(14) at 44 — rising, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- 38% off 52W high · 9% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
29
RS percentile
Stage 4 Downtrend
1M return
-4.2%
3M return
-26.3%
6M return
-23.4%
1Y return
-17.1%
RS 1D
+3
RS 20D
-3
Sector rank
#2
Industry rank
#72
Stage evidence
- Price is 18.2% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -2.8%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
lagging
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 93.61+1.23%
RS vs Nifty 50094
Valuation & peers
U-Score 43 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 43 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation11/30
Growth15/25
Quality0/20
Balance Sheet7/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
1
Raw sum
43
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
43/100 · legacy band WATCHLIST
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 40.5%.
- Growth contributes 15/25 to the score.
Main drags
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Valuation is weaker at 11/30; verify the latest quarterly trend.
- Cash flow is weaker at 4/10; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
22.8
PB
2.5
EV/EBITDA
11.6
ROE
9.8%
ROCE
11.5%
FCF Yield
—
Debt/Equity
0.5
MoS
+40.5%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
43
Previous: 43
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
+40.5%
Previous: +40.5%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
43
43
43
43
43
43
43
43
43
43
43
43
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹435.99
-64.1% MoS
Growth-justified P/E
39.3
Growth-justified Value
₹1,202.97
+40.5% MoS
PEG
1.37
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
AROGRANITE
Small
Aro Granite Industries Limited
Building Materials
match 63
9
—
-7.5%
—
OVERVALUED
INDIANHUME
Small
Indian Hume Pipe Company Limited
Building Materials
match 60
50
20.2
4.2%
+35%
FAIR VALUE
NITCO
Small
Nitco Limited
Building Materials
match 59
20
—
10.8%
—
OVERVALUED
EUROPRATIK
Small
Euro Pratik Sales Limited
Building Materials
match 59
65
21.7
29.3%
+48%
UNDERVALUED
CARYSIL
Small
CARYSIL LIMITED
Building Materials
match 58
51
27.2
17.4%
+32%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Pokarna Limited operates in Granite, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
61Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 32nd percentile of the scored universe and 28th percentile within Industrials. Main check: results consistency is weak at 5/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
95 docs text-extracted · 38 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
32nd percentile
overall median 67 · Industrials: 28th pctile, median 68 · Small: 36th pctile, median 66
Evidence depth
Financial-only
95 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
50
watch · capital discipline
Results
5
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 56.7%.
- ▸Promoter pledge is zero.
- ▸9 years of positive FCF.
Trust risks
- ▸3 latest quarters had PAT decline worse than 25% YoY.
- ▸ROCE trend is -7.5%.
- ▸1/4 latest quarters had positive YoY revenue growth.
- ▸1/4 latest quarters had positive YoY PAT growth.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Pokarna Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Jul - Intimation of dispatch of 35th Annual General Meeting Notice.
Source: Bse
Annual report
Reg. 34 (1) Annual Report. 1 Jul
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 25 Jun - Intimation of Newspaper Publication of 35th Annual General Meeting.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Jun - Transfer of equity shares to Investor Education and Protection Fund (IEPF) during the year 2026-27.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.