Elegant Marbles

how big is Elegant Marbles?

As of October 2023, Elegant Marbles and Grani Industries Ltd has a market capitalization of 94.00 Cr, with recent net sales of 28.54 Cr and net profit of 4.70 Cr over the last four quarters. The company's shareholder's funds are 129.43 Cr, and total assets amount to 134.71 Cr.

Market Cap: Elegant Marbles and Grani Industries Ltd has a market capitalization of 94.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes Mar'25, Dec'24, Sep'24, and Jun'24, is 28.54 Cr. The sum of Net Profit for the same quarters is 4.70 Cr. This data is presented on a Standalone basis.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the latest annual period ending in Mar'24. The Shareholder's Funds are reported at 129.43 Cr, and the Total Assets amount to 134.71 Cr.

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.

Who are the peers of the Elegant Marbles?

Peers of Elegant Marbles include Kajaria Ceramics, Safari Inds., Cera Sanitary, V I P Inds., Borosil, Archies, Aro Granite Inds, Ideal Tech., and Lexus Granito. Safari Inds. leads in 1-year returns at 17.83%, while Elegant Marbles has a return of -6.23%.

Peers: The peers of Elegant Marbles are Kajaria Ceramics, Safari Inds., Cera Sanitary., V I P Inds., Borosil, Archies, Aro Granite Inds, Ideal Tech., and Lexus Granito.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kajaria Ceramics, Safari Inds., and Cera Sanitary., while Average management risk is found at Elegant Marbles and V I P Inds. Good growth is seen in Safari Inds. and Elegant Marbles, while Below Average growth is noted for Kajaria Ceramics, Cera Sanitary., V I P Inds., Archies, Aro Granite Inds, and Lexus Granito. Excellent capital structure is present at Kajaria Ceramics, Safari Inds., Cera Sanitary., and Borosil, while Below Average capital structure is found at V I P Inds., Archies, Aro Granite Inds, and Lexus Granito, with Ideal Tech. not qualifying.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Safari Inds. at 17.83%, while the lowest is V I P Inds. at -24.27%. Elegant Marbles has a 1-year return of -6.23%, which is better than V I P Inds. but worse than Safari Inds. Additionally, several peers, including V I P Inds., Borosil, Archies, Aro Granite Inds, and Lexus Granito, have negative six-month returns.

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.

Who are in the management team of Elegant Marbles?

As of March 2023, 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. They are responsible for the company's strategic direction and regulatory compliance.

As of March 2023, the management team of Elegant Marbles includes:<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>These individuals play key roles in guiding the company's strategic direction and ensuring compliance with regulations.

What does Elegant Marbles do?

Elegant Marbles and Grani Industries Ltd processes and markets marble and granite, classified as a micro-cap company. As of March 2025, it reported net sales of 64 Cr and a net profit of 4 Cr, with a market cap of INR 87 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.<BR><BR>History:<BR>Incorporated on November 5, 1984, Elegant Marbles and Grani Industries Ltd was promoted by Rajesh Agrawal and Rakesh Agrawal. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 64 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 4 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap: INR 87 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 18.00<BR>- Industry P/E: 35<BR>- Dividend Yield: 1.56%<BR>- Debt Equity: -0.05<BR>- Return on Equity: 3.24%<BR>- Price to Book: 0.60<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

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.

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.

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.

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.

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?

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

As of 02-Jun, the stock price of Elegant Marbles and Grani Industries Ltd is Rs 190.95, down 0.65%. This decline is driven by reduced investor participation, underperformance against its sector, and negative long-term trends.

As of 02-Jun, the stock price of Elegant Marbles and Grani Industries Ltd is currently at Rs 190.95, reflecting a decrease of Rs 1.25 or 0.65%. This decline can be attributed to several factors highlighted in the provided data. <BR><BR>Despite opening the day with a gain of 2.39% and reaching an intraday high of Rs 196.8, the stock has underperformed its sector by 1.58%. Additionally, there has been a significant drop in investor participation, with the delivery volume on 01 June falling by 98.9% compared to the 5-day average. This lack of engagement suggests a waning interest among investors, which could contribute to the downward pressure on the stock price.<BR><BR>Moreover, while the stock has performed better than the Sensex over the past week with a gain of 2.85%, its longer-term performance shows a concerning trend. Over the past month, the stock has decreased by 7.37%, and it has a year-to-date decline of 6.53%. The stock is also trading lower than the 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the longer term.<BR><BR>In summary, the combination of declining investor participation, underperformance relative to the sector, and negative longer-term trends are contributing to the current fall in the stock price of Elegant Marbles and Grani Industries Ltd.

Which are the latest news on Elegant Marbles?