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 26-Mar, Elegant Marbles and Grani Industries Ltd is seeing a stock price increase to Rs 177.50, up 4.97%, following two days of decline. However, this rise occurs amidst a broader trend of poor performance, with a 12.13% decline over the past month and significant drops in investor participation.

As of 26-Mar, Elegant Marbles and Grani Industries Ltd is experiencing a rise in its stock price, currently at Rs 177.50, which reflects an increase of Rs 8.4 or 4.97%. This upward movement is notable as it comes after two consecutive days of decline, indicating a potential trend reversal. The stock opened with a gain of 3.31% today and reached an intraday high of Rs 183.65, marking an increase of 8.6%.<BR><BR>Despite the positive performance today, it is important to consider the broader context of the stock's performance. Over the past month, the stock has declined by 12.13%, and year-to-date, it has fallen by 13.12%. Additionally, the stock has underperformed the market significantly over the past year, with a return of -22.83% compared to the Sensex's -3.52%. <BR><BR>The stock's current rise can also be attributed to its performance relative to the sector, as it has outperformed the sector by 2.47%. However, there are concerns regarding falling investor participation, as evidenced by a significant drop in delivery volume, which fell by 74.7% against the 5-day average. Furthermore, the stock is trading below its moving averages across various time frames, indicating a weaker long-term trend.<BR><BR>In summary, while Elegant Marbles and Grani Industries Ltd is experiencing a rise in stock price today, this is juxtaposed against a backdrop of overall poor performance and declining investor interest in the stock.

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

As of 27-Mar, Elegant Marbles and Grani Industries Ltd is facing a significant decline in its stock price, currently at 160.05, down -9.83%. This drop is due to underperformance against the market, high volatility, and decreased investor participation, indicating a challenging environment for the company.

As of 27-Mar, Elegant Marbles and Grani Industries Ltd is experiencing a decline in its stock price, currently at 160.05, which represents a change of -17.45 (-9.83%). This drop can be attributed to several factors highlighted in the provided data. <BR><BR>The stock has underperformed significantly compared to the broader market, with a one-week decline of -13.95% and a one-month decline of -17.92%, while the Sensex has only fallen by -1.27% and -9.48%, respectively. Year-to-date, the stock is down -21.66%, compared to a -13.66% decline in the Sensex. Over the past year, the stock has decreased by -31.89%, while the Sensex has only fallen by -5.18%. <BR><BR>Today, the stock hit a new 52-week low of Rs. 152.15, indicating a significant drop in value. The stock has also shown high volatility, with an intraday volatility of 8.88%, and it has traded in a wide range of Rs. 29.65 today, suggesting unstable trading conditions. Additionally, the stock is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), which typically indicates a bearish trend.<BR><BR>Investor participation has also decreased, with delivery volume falling by -74.7% against the 5-day average, suggesting a lack of confidence among investors. Overall, these factors contribute to the stock's decline, reflecting a challenging environment for Elegant Marbles and Grani Industries Ltd.

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

As of 28-Mar, Elegant Marbles and Grani Industries Ltd is facing a significant stock price decline to Rs 160.05, down 9.83%. This drop is due to underperformance against market benchmarks, high volatility, declining investor participation, and weak financial fundamentals.

As of 28-Mar, Elegant Marbles and Grani Industries Ltd is experiencing a significant decline in its stock price, currently at Rs 160.05, which represents a change of -17.45 (-9.83%). This drop can be attributed to several factors highlighted in the provided data.<BR><BR>Firstly, the stock has underperformed compared to the broader market, with a year-to-date decline of -21.66%, significantly worse than the Sensex's decline of -13.66%. Over the past year, the stock has fallen by -31.89%, while the market only saw a -5.18% decrease. This stark contrast indicates a consistent trend of underperformance relative to market benchmarks.<BR><BR>Additionally, the stock hit a new 52-week low of Rs 152.15 today, reflecting a loss of investor confidence. The stock's performance today has also been marked by high volatility, with an intraday volatility of 8.88%, and it has traded in a wide range of Rs 29.65, suggesting instability in its price movements.<BR><BR>The trading volume has seen a significant decline, with delivery volume dropping by -74.7% against the 5-day average, indicating falling investor participation. Furthermore, the stock is trading below its moving averages across multiple time frames (5-day, 20-day, 50-day, 100-day, and 200-day), which typically signals a bearish trend.<BR><BR>While there were some positive results reported, such as net sales reaching Rs 10.74 crore, the overall financial health of the company remains weak, with a low return on equity (ROE) of 2.6% and a high price-to-earnings growth (PEG) ratio of 3, suggesting that the stock may be overvalued compared to its earnings growth potential.<BR><BR>In summary, the combination of poor long-term fundamentals, significant underperformance relative to market indices, high volatility, and declining investor participation are key factors contributing to the falling stock price of Elegant Marbles and Grani Industries Ltd.

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

As of 29-Mar, Elegant Marbles and Grani Industries Ltd's stock price has declined to Rs 160.05, reflecting a significant underperformance compared to the market, high volatility, and weak fundamentals, including low investor participation and a low return on equity. The stock's persistent bearish trend is further indicated by trading below moving averages and hitting a new 52-week low.

As of 29-Mar, Elegant Marbles and Grani Industries Ltd is experiencing a decline in its stock price, currently at Rs 160.05, which reflects a change of -17.45 (-9.83%). This drop is attributed to several factors highlighted in the provided data. <BR><BR>Firstly, the stock has underperformed significantly compared to the broader market, with a year-to-date decline of -21.66%, while the Sensex has only fallen by -13.66%. Over the past year, the stock has seen a staggering decrease of -31.89%, compared to the market's decline of just -5.18%. This indicates a persistent weakness in the stock relative to market performance.<BR><BR>Additionally, the stock hit a new 52-week low of Rs 152.15 today, suggesting a lack of investor confidence. The stock's performance today has also been characterized by high volatility, with an intraday range of Rs 29.65 and a volatility rate of 8.88%. This indicates that the stock is experiencing significant price fluctuations, which can deter investors.<BR><BR>Moreover, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, further signaling a bearish trend. The delivery volume has also seen a drastic decline of -74.7% against the 5-day average, indicating falling investor participation and liquidity issues.<BR><BR>While there were some positive results reported, such as the highest net sales of Rs 10.74 crore in the last quarter, the overall financial health of the company remains weak, with a low return on equity (ROE) of 2.6% and a high price-to-earnings growth (PEG) ratio of 3. This suggests that the stock is trading at a premium compared to its peers, which may not be justified given its declining profits and overall performance.<BR><BR>In summary, the combination of significant underperformance relative to the market, high volatility, low investor participation, and weak fundamental indicators are contributing to the falling stock price of Elegant Marbles and Grani Industries Ltd.

Which are the latest news on Elegant Marbles?

Which are the latest news on Elegant Marbles?

Which are the latest news on Elegant Marbles?