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 12 February 2026.

The next results date for Elegant Marbles and Grani Industries Ltd is scheduled for 12 February 2026.

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

Elegant Marbles' latest results show strong revenue growth of 31.46% to ₹10.74 crores, but significant margin compression and an 8.26% decline in net profit raise concerns about profitability, leading to a negative market reaction. Overall, the results are more concerning than favorable due to these challenges.

The latest results for Elegant Marbles present a mixed picture. On one hand, the company achieved impressive revenue growth, with a sequential increase of 31.46% to ₹10.74 crores, marking the highest quarterly sales in recent history. This growth is notable, especially considering it represents a substantial year-on-year increase of 111.42%.<BR><BR>However, the positive revenue performance is overshadowed by significant margin compression. The operating margin dropped to 12.01% from 16.65% in the previous quarter, indicating that the company is facing challenges in maintaining profitability despite higher sales. Additionally, net profit declined by 8.26% sequentially, falling to ₹1.11 crores, even though it showed a year-on-year increase of 94.74%.<BR><BR>Overall, while the revenue growth is a positive sign, the decline in profitability and margins raises concerns about operational efficiency and pricing power. The stock market reacted negatively to these results, with a decline of 4.10% on the day following the announcement. This suggests that investors are wary of the company's ability to convert revenue growth into sustainable profits. Thus, the results can be considered more concerning than favorable, primarily due to the margin pressures and declining net profit.

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

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

As of 04-Mar, Elegant Marbles and Grani Industries Ltd is experiencing a significant decline in its stock price, currently at Rs. 182.60, marking a total drop of -10.93% over the last six days and hitting a new 52-week low. The stock is underperforming its sector and shows bearish trends across multiple moving averages, alongside decreasing investor participation.

As of 04-Mar, Elegant Marbles and Grani Industries Ltd is experiencing a decline in its stock price, currently at Rs. 182.60, which represents a change of -8.4 (-4.4%). This drop is part of a broader trend, as the stock has been falling for the last six consecutive days, resulting in a total decline of -10.93% during this period. <BR><BR>The stock has also hit a new 52-week low today, indicating significant downward pressure. Performance metrics show that it has underperformed its sector by -1.79% today, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically suggests a bearish trend. <BR><BR>In terms of market context, the stock's performance over the past week and month has been negative, with declines of -9.60% and -9.63%, respectively. Additionally, investor participation appears to be waning, as evidenced by a decrease in delivery volume, which fell by -11.79% against the 5-day average. Overall, these factors contribute to the ongoing decline in the stock price of Elegant Marbles and Grani Industries Ltd.

Which are the latest news on Elegant Marbles?