Pokarna revenue drops 38.5% as quartz business slumps
The company reported a 57% decline in annual net profit to ₹80.60 crores for FY26, citing sustained pressure in its core quartz surfaces segment.
— 1 earlier story on Pokarna Ltd. →What's new
- Annual revenue fell 38.5% to ₹571.61 crores for the fiscal year ended March 31, 2026.
- The board recommended a final dividend of ₹0.60 per share.
- Statutory auditors S Daga & Co issued an unmodified opinion on the results.
Why this matters
The sharp contraction in both top and bottom lines reflects fundamental challenges in the company's export-oriented quartz business. While the market anticipated a downturn, these audited figures confirm the scale of the decline.
What we're watching
- Signs of stabilization in the quartz surfaces segment.
- Management commentary on export demand recovery.
- Whether the dividend payout signals confidence in future cash flows.
The full read
Pokarna finished FY26 with a sharp contraction in its core business. Annual revenue fell 38.5% to ₹571.61 crores, while net profit slumped 57% to ₹80.60 crores. The results confirm the severity of the downturn in the company's quartz surfaces segment, an export-heavy business that has faced sustained pressure throughout the year. Despite the weak performance, the board recommended a final dividend of ₹0.60 per share, a 30% payout. Statutory auditors S Daga & Co issued an unmodified opinion on the accounts. The data provides a definitive baseline for institutional modeling, but the fundamental challenges in the export-oriented segments remain the primary concern for the new fiscal year.
Questions answered
- How did Pokarna's performance change in FY26?
- The company experienced a sharp contraction, with revenue falling 38.5% to ₹571.61 crores and net profit dropping 57% to ₹80.60 crores.
- What is the dividend payout for the year?
- The board recommended a final dividend of ₹0.60 per equity share, which represents a 30% payout.
- What caused the decline in financial performance?
- The downturn was primarily driven by sustained pressure in the company's core quartz surfaces segment, which is export-oriented.
- Did the auditors raise any concerns?
- No. Statutory auditors S Daga & Co provided an unmodified opinion on the annual financial results.
Story so far
All notes on POKARNA →- 28 May 2026 · 4:37 PM IST Pokarna revenue drops 38.5% as quartz business slumps
- today Pokarna revenue drops 38% as quartz segment weakness hits bottom line