Economy
Business
Finance
Industry
Shipping
North America
Business Updates
Domestic Market Strategy
Industry Segment Demand
US Market
Commercial Market
Customer Sustenance
Pokarna conducted the conference call for Q3 FY22
Here are the conference call highlights
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Here are the conference call highlights
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Business Updates:
โข Shipping is still not back and there are still issues going on. Impact may bee seen in coming quarter as well.
โข Domestic market strategy is bringing the right traction & bringing new opportunities for co. Current focus remain on market making.
โข Shipping is still not back and there are still issues going on. Impact may bee seen in coming quarter as well.
โข Domestic market strategy is bringing the right traction & bringing new opportunities for co. Current focus remain on market making.
Industry Segment:
โข Demand in hospitality has still not come back, however demand is building up.
โข In US market New Development & Renovation market is growing, while commercial market is seeing impact
โข For North America Pokarna focus remains on sustaining existing customer.
โข Demand in hospitality has still not come back, however demand is building up.
โข In US market New Development & Renovation market is growing, while commercial market is seeing impact
โข For North America Pokarna focus remains on sustaining existing customer.
Product Mix:
(Revenue Mix mentioned in image)
โข Product Mix is continuously changing, as Pokarna is targeting mainly to fashionable industry which is changing as per the trend.
โข Granite quarry location time varries from range of 1 hours to 24 hours drive.
(Revenue Mix mentioned in image)
โข Product Mix is continuously changing, as Pokarna is targeting mainly to fashionable industry which is changing as per the trend.
โข Granite quarry location time varries from range of 1 hours to 24 hours drive.
Domestic Market
โข For quartz, Mgmt expect journey of quart has just been started, with good potential in domestic market.
โข Pokarna has 100 outlets in domestic market and target remains to reach to 500 outlets
โข For quartz, Mgmt expect journey of quart has just been started, with good potential in domestic market.
โข Pokarna has 100 outlets in domestic market and target remains to reach to 500 outlets
Margin:
โข Mgmt internal targets remains to atleast have 30% of EBIDTA margins. For these mgmt focus on maintaining cost.
โข Mgmt internal targets remains to atleast have 30% of EBIDTA margins. For these mgmt focus on maintaining cost.
Capacity Utilization:
โข New Plant utilization is dependent on the shipping facility, which is lagging
Current utilization 60-65%.
โข Old Plants: Running at optimum utilization.
For CAPEX co. already has 40 acres of land for any further expansion- enough land to 3x the topline.
โข New Plant utilization is dependent on the shipping facility, which is lagging
Current utilization 60-65%.
โข Old Plants: Running at optimum utilization.
For CAPEX co. already has 40 acres of land for any further expansion- enough land to 3x the topline.
Other:
โข No future plan of CAPEX, hence further cash flow will be utilized for paying debt.
โข With new expansion, there was more hiring in order to retain employees as per the capacity.
โข No future plan of CAPEX, hence further cash flow will be utilized for paying debt.
โข With new expansion, there was more hiring in order to retain employees as per the capacity.
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