Elegant Marbles

Why is Elegant Marbles and Grani Industries Ltd falling/rising?

As of 18-Jul, Elegant Marbles and Grani Industries Ltd's stock price is Rs 174.20, down 3.17%, and has underperformed the sector. The stock has seen a consistent decline over various time frames, with significant drops in investor participation contributing to its downward trend.

As of 18-Jul, Elegant Marbles and Grani Industries Ltd is experiencing a decline in its stock price, currently at Rs 174.20, which reflects a change of -5.7 (-3.17%). The stock has underperformed compared to the sector by -2.43% today and has touched an intraday low of Rs 170, marking a decrease of 5.5%. <BR><BR>Over the past week, the stock has decreased by 1.58%, while the benchmark Sensex has increased by 0.75%. In the past month, the stock has fallen by 9.13%, contrasting with a 1.29% rise in the Sensex. Year-to-date, the stock is down 14.73%, compared to a lesser decline of 8.30% in the Sensex. Over the past year, the stock has dropped by 27.64%, while the Sensex has only fallen by 4.99%. <BR><BR>The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a consistent downward trend. Additionally, there has been a significant drop in investor participation, with delivery volume on July 16 falling by 99.67% against the 5-day average. This lack of investor interest, combined with the stock's poor performance relative to the market, contributes to the ongoing decline in its price.

Which are the latest news on Elegant Marbles?

How big is Elegant Marbles?

As of 10th June, Elegant Marbles and Grani Industries Ltd has a market capitalization of 55.00 Cr, with recent net sales of 34.34 Cr and net profit of 3.35 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Elegant Marbles and Grani Industries Ltd has a market capitalization of 55.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 34.34 Cr, while the sum of Net Profit for the same period is 3.35 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 145.24 Cr, and Total Assets amount to 151.04 Cr.

Who are in the management team of Elegant Marbles?

The management team of Elegant Marbles includes Rajesh Agrawal (Chairman & Managing Director), Rakesh Agrawal (Managing Director), and several non-executive directors, along with Pooja Dharmendra Ponda as Company Secretary & Compliance Officer.

The management team of Elegant Marbles includes the following individuals:<BR><BR>1. **Rajesh Agrawal** - Chairman & Managing Director<BR>2. **Rakesh Agrawal** - Managing Director<BR>3. **Ram Chawla** - Non-Executive & Independent Director<BR>4. **Raj Kumar Mittal** - Non-Executive & Independent Director<BR>5. **Yogita Agarwal** - Non-Executive & Non-Independent Director<BR>6. **O P Singal** - Non-Executive & Independent Director<BR>7. **Pooja Dharmendra Ponda** - Company Secretary & Compliance Officer<BR><BR>If you need more details about their roles or the company, feel free to ask!

Who are the peers of the Elegant Marbles?

Peers of Elegant Marbles include Restile Ceramics, Essex Marine, Atlas Cycles, and others. Elegant Marbles has average management risk, good growth, and a 1-year return of -22.82%, better than Royal Cush. Vin. but worse than Restile Ceramics at 30.22%.

Peers: The peers of Elegant Marbles are Restile Ceramics, Essex Marine, Atlas Cycles, Royal Cush. Vin., Oriental Trimex, Archies, Ganga Bath Fitt., Premium Plast, and Divyadhan Recy.<BR><BR>Quality Snapshot: Excellent management risk is observed at Essex Marine and Srivasavi Adhes., while Average management risk is found at Elegant Marbles and Ganga Bath Fitt. Below Average management risk is noted at Atlas Cycles, Oriental Trimex, Archies, and the rest. Growth is Excellent at Ganga Bath Fitt., Good at Elegant Marbles and Premium Plast, Average at Essex Marine, and Below Average at Atlas Cycles, Oriental Trimex, Archies, and the rest. Capital Structure is Excellent at Premium Plast, Good at Elegant Marbles, Below Average at Essex Marine, Atlas Cycles, Oriental Trimex, Archies, and the rest, while the remaining peers do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Restile Ceramics at 30.22%, while the lowest is Royal Cush. Vin. at -51.64%. Elegant Marbles' 1-year return is -22.82%, which is higher than Royal Cush. Vin. but lower than Restile Ceramics. Additionally, several peers, including Royal Cush. Vin., Atlas Cycles, Oriental Trimex, and Archies, have negative six-month returns.

What does Elegant Marbles do?

Elegant Marbles and Grani Industries Ltd processes and markets marble and granite, classified as a micro-cap company with a market cap of INR 55 Cr. As of March 2026, it reported net sales of 9 Cr and a net profit of 0 Cr.

Overview: <BR>Elegant Marbles and Grani Industries Ltd is a company that markets and processes marble and granite, operating within the diversified consumer products industry and classified as a micro-cap entity.<BR><BR>History: <BR>Incorporated on 5 November 1984, Elegant Marbles and Grani Industries Ltd was promoted by Rajesh Agrawal and Rakesh Agrawal. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 9 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 55 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 15.00 <BR>Industry P/E: 21 <BR>Dividend Yield: 0.52% <BR>Debt Equity: -0.05 <BR>Return on Equity: 2.46% <BR>Price to Book: 0.39<BR><BR>Contact Details: <BR>Address: E 7/9 RIICO Industrial Area, Abu Road Sirohi Rajasthan : 307026 <BR>Tel: 91-22-2493 0782 <BR>Email: elegantmarbles@gmail.com <BR>Website: http://www.elegantmarbles.com

Are Elegant Marbles and Grani Industries Ltd latest results good or bad?

The latest results for Elegant Marbles are concerning, with a net profit decline of 82.88% quarter-on-quarter and a high tax rate of 68.85%, leading to a negative market reaction and a 27.19% underperformance over the past year. Overall, these results can be characterized as bad, reflecting ongoing operational challenges.

The latest results for Elegant Marbles indicate a challenging financial situation. In Q4 FY26, the company reported a net profit of just ₹0.19 crores, which represents a staggering decline of 82.88% quarter-on-quarter. This marks the lowest quarterly net profit in the last eight quarters, excluding a previous loss-making quarter. <BR><BR>While revenue showed a year-on-year increase of 33.70% to ₹8.61 crores, it experienced a significant quarter-on-quarter decline of 19.83%. The company's operating profit margin also fell to 9.87%, down from 12.01% in the previous quarter, reflecting pressures on operational efficiency.<BR><BR>One of the most concerning aspects is the extraordinarily high tax rate of 68.85%, which severely impacted profitability. This tax burden consumed a large portion of pre-tax profits, leading to a substantial drop in net earnings.<BR><BR>Overall, the stock reacted negatively to these results, declining by 9.11% on the day of the announcement and has underperformed the Sensex significantly over the past year, falling 27.19%. Given these factors, the latest results for Elegant Marbles can be characterized as bad, highlighting ongoing operational challenges and investor concerns.

Should I buy, sell or hold Elegant Marbles and Grani Industries Ltd?

When is the next results date for Elegant Marbles and Grani Industries Ltd?

The next results date for Elegant Marbles and Grani Industries Ltd is 21 May 2026.

The next results date for Elegant Marbles and Grani Industries Ltd is scheduled for 21 May 2026.

Is Elegant Marbles overvalued or undervalued?

As of November 25, 2025, Elegant Marbles is fairly valued with a PE ratio of 19.80 and a PEG ratio of 0.00, but has underperformed the Sensex with a -20.11% stock return and low ROE of 2.26%, indicating potential concerns about its growth and operational efficiency.

As of 25 November 2025, Elegant Marbles has moved from an expensive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of 19.80, a Price to Book Value of 0.45, and an EV to EBITDA of 22.30. Compared to peers, Elegant Marbles stands out with a significantly lower PEG ratio of 0.00, while competitors like Elitecon International and Lloyds Enterprises are categorized as very expensive, with PE ratios of 229.19 and 25.52, respectively.<BR><BR>Despite its fair valuation, Elegant Marbles has underperformed the Sensex over the past year, with a stock return of -20.11% compared to the Sensex's 5.59%. This underperformance, coupled with its low ROE of 2.26% and ROCE of 0.96%, suggests that while the stock is fairly valued, investors may want to consider its growth potential and operational efficiency before making investment decisions.

How has been the historical performance of Elegant Marbles?

Elegant Marbles has shown fluctuating historical performance, with net sales declining to 28.53 Cr in March 2025 from 34.22 Cr in March 2024, but profitability metrics improved, including a profit after tax increase to 4.70 Cr. Total assets grew to 151.04 Cr, while cash flow from operating activities was negative at -4.00 Cr.

Answer:<BR>The historical performance of Elegant Marbles shows a fluctuating trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Elegant Marbles experienced net sales of 28.53 Cr in March 2025, a decline from 34.22 Cr in March 2024 and 35.65 Cr in March 2023, but an increase from 27.82 Cr in March 2022. The total operating income mirrored this trend, reaching 28.53 Cr in March 2025. The company’s total expenditure, excluding depreciation, was 24.22 Cr in March 2025, down from 29.93 Cr in March 2024 and 31.82 Cr in March 2023. Operating profit (PBDIT) for March 2025 was 6.85 Cr, slightly lower than 6.87 Cr in March 2024 but significantly improved from 3.34 Cr in March 2022. Profit before tax rose to 5.82 Cr in March 2025, compared to 5.46 Cr in March 2024, while profit after tax also increased to 4.70 Cr from 4.05 Cr in the previous year. The company's total assets grew to 151.04 Cr in March 2025 from 134.71 Cr in March 2024, with total liabilities also increasing to 151.04 Cr in March 2025. Cash flow from operating activities showed a negative trend at -4.00 Cr in March 2025, although cash flow from investing activities was positive at 8.00 Cr. Overall, Elegant Marbles has shown a recovery in profitability metrics over the years, despite recent declines in sales.

Who are the top shareholders of the Elegant Marbles?

The top shareholders of Elegant Marbles include promoter Rakesh Ramswaroop Agrawal with 23.69% and public shareholder Niraj Mansukhlal Ved with 3.71%. Individual investors collectively hold 25.93%, with no mutual funds or foreign institutional investors involved.

The top shareholders of Elegant Marbles include Rakesh Ramswaroop Agrawal, who is the promoter with the highest holding at 23.69%. The highest public shareholder is Niraj Mansukhlal Ved, holding 3.71%. Additionally, individual investors collectively hold 25.93% of the shares. There are no mutual funds or foreign institutional investors currently holding shares in the company.

What is the technical trend for Elegant Marbles?

As of May 20, 2025, Elegant Marbles shows a mildly bearish trend overall, with mixed signals from the MACD and moving averages across different time frames.

As of 20 May 2025, the technical trend for Elegant Marbles has changed from sideways to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals across time frames. The daily moving averages are mildly bearish, supporting the overall bearish stance. The Bollinger Bands show a mildly bullish signal on the weekly chart but are bearish on the monthly, further contributing to the mixed outlook. The KST is mildly bullish weekly but bearish monthly, while Dow Theory remains mildly bullish across both time frames. Overall, the current technical stance is mildly bearish, with the daily moving averages and monthly MACD being key indicators driving this view.

Has Elegant Marbles declared dividend?

Yes, Elegant Marbles has declared a 27% dividend, amounting to 2.7 per share, with an ex-date of July 16, 2024. While recent returns show some declines, the company has demonstrated strong growth over the longer term, particularly with a total return of 320.75% over the past five years.

Elegant Marbles and Grani Industries Ltd has declared a 27% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 27%<BR>- Amount per share: 2.7<BR>- Ex-date: Jul-16-2024<BR><BR>Dividend Yield: 1.06%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -12.12%, with a dividend return of 0%, resulting in a total return of -12.12%.<BR><BR>Over the past year, the price return was -4.41%, the dividend return was 0.97%, leading to a total return of -3.44%.<BR><BR>In the 2-year period, the price return was 64.01%, with a dividend return of 3.68%, resulting in a total return of 67.69%.<BR><BR>For the 3-year period, the price return was 86.88%, and the dividend return was 6.69%, culminating in a total return of 93.57%.<BR><BR>During the last 4 years, the price return was 59.59%, with a dividend return of 6.59%, leading to a total return of 66.18%.<BR><BR>In the 5-year period, the price return was 307.37%, and the dividend return was 13.38%, resulting in a total return of 320.75%.<BR><BR>Overall, Elegant Marbles has declared a significant dividend, and while recent returns over shorter periods show some negative trends, longer-term returns indicate strong growth, particularly in the 5-year period.