Inani Marbles

Why is Inani Marbles & Industries Ltd falling/rising?

As of 18-Jul, Inani Marbles & Industries Ltd is facing a significant decline in stock price, currently at 10.11, with a year-to-date drop of -45.05% and a poor financial outlook, including a -22.39% CAGR in operating profits. The stock is underperforming against benchmarks and trading below its moving averages, indicating a bearish trend.

As of 18-Jul, Inani Marbles & Industries Ltd is experiencing a decline in its stock price, currently at 10.11, which reflects a change of -0.11 or -1.08%. The stock has been underperforming significantly compared to the benchmark Sensex, with a 1-week decline of -7.67% and a 1-month decline of -11.86%. Year-to-date, the stock has dropped by -45.05%, and over the past year, it has fallen by -48.42%. <BR><BR>The stock has been losing value for the last two days, with a total decline of -2.79% during this period. It is also trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. <BR><BR>Despite a notable increase in investor participation, with delivery volume rising by 289.4% on July 16, the overall performance remains weak. The company's financial fundamentals are concerning, with a -22.39% compound annual growth rate (CAGR) in operating profits over the last five years and a poor EBIT to interest ratio of 0.94, suggesting difficulties in servicing its debt. Additionally, the company's net sales have fallen by -11.7% compared to the previous four-quarter average, further contributing to the negative sentiment surrounding the stock. <BR><BR>Overall, the combination of poor financial performance, significant declines in stock value, and underperformance relative to the market benchmarks are key factors contributing to the falling stock price of Inani Marbles & Industries Ltd.

Which are the latest news on Inani Marbles?

Should I buy, sell or hold Inani Marbles & Industries Ltd?

What does Inani Marbles do?

Inani Marbles & Industries Ltd is a micro-cap company established in 1984, specializing in the processing and production of marble slabs, blocks, and tiles, with a factory in Chittorgarh, Rajasthan. As of March 2026, it reported net sales of 10 Cr and a market cap of INR 21 Cr.

Overview:<BR>Inani Marbles & Industries Ltd operates in the miscellaneous industry as a micro-cap company, specializing in the processing and production of marble slabs, blocks, and tiles.<BR><BR>History:<BR>Established in 1984, Inani Marbles has experienced significant growth in both volume and variety. The company currently operates a large factory in Chittorgarh, Rajasthan, and the latest quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 10 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>- Market-cap: INR 21 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 111.00<BR>- Industry P/E: 11<BR>- Dividend Yield: 0.36%<BR>- Debt-Equity: 0.37<BR>- Return on Equity: 0.34%<BR>- Price to Book: 0.39<BR><BR>Contact Details:<BR>Address: F-17 & 58, RIICO Industrial Area Chittorgarh Rajasthan : 312001<BR>Tel: 91-1472-297065<BR>Email: inanimarble@gmail.com<BR>Website: http://www.inanimarbles.com

How big is Inani Marbles?

As of 10th June, Inani Marbles & Industries Ltd has a market capitalization of 21.00 Cr, with recent net sales of 46.77 Cr and a net profit of 0.18 Cr. Shareholder's funds are 53.64 Cr, and total assets amount to 91.37 Cr.

As of 10th June, Inani Marbles & Industries Ltd has a market capitalization of 21.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Inani Marbles reported Net Sales of 46.77 Cr and a Net Profit of 0.18 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 53.64 Cr and Total Assets of 91.37 Cr.

Who are in the management team of Inani Marbles?

The management team of Inani Marbles includes Suresh Kumar Inani (Managing Director), Mahesh Kumar Inani and Anuj Inani (Whole-time Directors), Vandana Balmukund Gattani, Mukesh Logad, and Prem Narayan Sharma (Non-Executive & Independent Directors), Sudhir Kumar Bhatnagar (Non-Executive & Non-Independent Director), and Madhu Bala Sharma (Company Secretary & Compliance Officer). They oversee the company's governance and operations.

The management team of Inani Marbles includes the following individuals:<BR><BR>1. **Suresh Kumar Inani** - Managing Director<BR>2. **Mahesh Kumar Inani** - Whole-time Director<BR>3. **Anuj Inani** - Whole-time Director<BR>4. **Vandana Balmukund Gattani** - Non-Executive & Independent Director<BR>5. **Mukesh Logad** - Non-Executive & Independent Director<BR>6. **Prem Narayan Sharma** - Non-Executive & Independent Director<BR>7. **Sudhir Kumar Bhatnagar** - Non-Executive & Non-Independent Director<BR>8. **Madhu Bala Sharma** - Company Secretary & Compliance Officer<BR><BR>This team plays a crucial role in the governance and operational management of the company.

Who are the peers of the Inani Marbles?

Inani Marbles' peers include Laffans Petroch, Shiva Granito, Jai Mata Glass, Marinetrans Indi, Madhya Prad. Tod, Radiowalla, Agarwal Float, Shrenik, and Vivo Collaborat. Most peers exhibit below average management and growth risks, with Inani Marbles having the lowest 1-year return at -45.03%.

Peers: The peers of Inani Marbles are Laffans Petroch, Shiva Granito, Jai Mata Glass, Marinetrans Indi, Madhya Prad. Tod, Radiowalla, Agarwal Float, Shrenik, and Vivo Collaborat.<BR><BR>Quality Snapshot: Below Average management risk is observed at Laffans Petroch, Inani Marbles, Shiva Granito, Marinetrans Indi, Madhya Prad. Tod, Shrenik, and the rest. Jai Mata Glass does not qualify for management risk. Average management risk is found at Agarwal Float and Vivo Collaborat. Below Average growth is noted at Laffans Petroch, Inani Marbles, Shiva Granito, Marinetrans Indi, and Shrenik, while Jai Mata Glass does not qualify. Average growth is present at Agarwal Float and Vivo Collaborat. Madhya Prad. Tod has a Good capital structure, while the rest have Below Average capital structure.<BR><BR>Return Snapshot: Shiva Granito has the highest 1-year return at -40.79%, while Inani Marbles has the lowest at -45.03%, indicating that Inani Marbles' return is worse than that of Shiva Granito. Additionally, Laffans Petroch, Inani Marbles, Jai Mata Glass, and Shrenik all have negative six-month returns.

Are Inani Marbles & Industries Ltd latest results good or bad?

Inani Marbles & Industries Ltd's latest results show a return to profitability with a net profit of ₹0.41 crores, but revenue has declined by 6.01% year-on-year, raising concerns about sustainability. High debt levels and operational inefficiencies suggest that the company's financial situation remains precarious, warranting cautious investor consideration.

Inani Marbles & Industries Ltd's latest results present a mixed picture. On one hand, the company has returned to profitability with a net profit of ₹0.41 crores for Q4 FY26, reversing two consecutive quarters of losses. This is a positive development, especially considering the operating margin improved to 11.46%, the highest in seven quarters.<BR><BR>However, there are significant concerns. The company's revenue of ₹10.47 crores represents a 6.01% decline year-on-year, indicating ongoing struggles in maintaining consistent sales growth. Additionally, the reliance on other income for profitability raises questions about the sustainability of this turnaround, as approximately 68% of the net profit came from non-operating sources.<BR><BR>The overall financial trajectory reveals structural challenges, including weak capital efficiency with a return on capital employed (ROCE) of just 0.50% and a negative return on equity (ROE) of -1.73%. The company is also heavily leveraged, with a debt-to-EBITDA ratio of 7.11 times, which suggests financial fragility.<BR><BR>In summary, while the return to profitability is a positive sign, the underlying issues such as declining revenues, high debt levels, and operational inefficiencies indicate that the company's situation is still precarious. Investors should approach with caution, considering both the recent improvements and the persistent challenges.

How has been the historical performance of Inani Marbles?

Inani Marbles has shown a significant decline in financial performance, with net sales dropping from 81.55 Cr in Mar'22 to 42.80 Cr in Mar'25, and profit after tax decreasing from 3.25 Cr to 0.71 Cr during the same period. Total liabilities and assets also fell, while cash flow from operating activities decreased from 8.00 Cr to 4.00 Cr.

Answer:<BR>The historical performance of Inani Marbles shows a declining trend in net sales and profits over the past few years, with net sales decreasing from 81.55 Cr in Mar'22 to 42.80 Cr in Mar'25. The total operating income followed a similar pattern, dropping from 81.55 Cr in Mar'22 to 42.80 Cr in Mar'25. The operating profit (PBDIT) also saw a decline, reaching 5.69 Cr in Mar'25 from 9.55 Cr in Mar'22. Profit before tax fluctuated, with a low of 1.06 Cr in Mar'25 compared to 4.29 Cr in Mar'22, while profit after tax decreased from 3.25 Cr in Mar'22 to 0.71 Cr in Mar'25. The company’s total liabilities decreased from 103.69 Cr in Mar'22 to 91.37 Cr in Mar'25, and total assets also fell from 103.69 Cr to 91.37 Cr during the same period. Cash flow from operating activities has shown some variability, with a cash flow of 4.00 Cr in Mar'25 compared to 8.00 Cr in Mar'22.<BR><BR>Breakdown:<BR>Inani Marbles has experienced a significant decline in its financial performance over the years. Net sales decreased from 81.55 Cr in Mar'22 to 42.80 Cr in Mar'25, reflecting a downward trend in total operating income as well. Operating profit (PBDIT) fell from 9.55 Cr in Mar'22 to 5.69 Cr in Mar'25, indicating challenges in maintaining profitability. Profit before tax showed fluctuations, with a notable decrease to 1.06 Cr in Mar'25 from 4.29 Cr in Mar'22, while profit after tax also declined to 0.71 Cr in Mar'25 from 3.25 Cr in Mar'22. On the balance sheet, total liabilities decreased from 103.69 Cr in Mar'22 to 91.37 Cr in Mar'25, and total assets mirrored this decline. The cash flow from operating activities was 4.00 Cr in Mar'25, down from 8.00 Cr in Mar'22, highlighting the company's struggle to generate consistent cash flow amidst declining sales and profits.

Is Inani Marbles overvalued or undervalued?

As of November 6, 2025, Inani Marbles' valuation has shifted from attractive to fair, indicating it is overvalued with key financial metrics showing significant challenges in profitability compared to competitors, including a negative PE ratio and underperformance against the Sensex.

As of 6 November 2025, the valuation grade for Inani Marbles has moved from attractive to fair. The company appears to be overvalued based on its current financial metrics. Key ratios include a PE ratio of -49.52, an EV to EBITDA of 18.95, and a Price to Book Value of 0.68, which indicate significant challenges in profitability and valuation compared to its peers.<BR><BR>Inani Marbles' performance is notably weaker than its competitors, such as Coal India, which has a PE ratio of 7.37, and NMDC, with a PE ratio of 9.15. The negative ROE of -1.38% and ROCE of -3.10% further highlight the company's struggles. Additionally, while Inani Marbles has experienced a slight increase in stock price over the past week, it has underperformed the Sensex significantly over the longer term, with a year-to-date decline of 22.75% compared to a 6.62% gain in the Sensex.

What is the technical trend for Inani Marbles?

As of April 23, 2025, Inani Marbles shows a mildly bearish trend overall, influenced by daily moving averages, while mixed signals from the MACD and Bollinger Bands reflect contrasting weekly and monthly outlooks.

As of 23 April 2025, the technical trend for Inani Marbles has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD remains bearish, indicating mixed signals across time frames. The weekly Bollinger Bands also suggest a mildly bullish stance, contrasting with the monthly bearish outlook. Daily moving averages indicate a mildly bearish trend, which aligns with the overall sentiment. The KST shows a mildly bullish trend on the weekly basis but is mildly bearish monthly. The Dow Theory indicates a mildly bullish trend on the weekly chart, with no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from the MACD and Bollinger Bands.

Who are the top shareholders of the Inani Marbles?

The top shareholders of Inani Marbles include Suresh Kumar Inani with 13.41%, and the highest public shareholder, Dhruti Rahul Sanghvi, with 4.65%. Individual investors hold a combined 29.75%, with no mutual funds or foreign institutional investors currently involved.

The top shareholders of Inani Marbles include the promoters, with Suresh Kumar Inani holding the highest stake at 13.41%. The highest public shareholder is Dhruti Rahul Sanghvi, who owns 4.65%. Additionally, individual investors collectively hold 29.75% of the company's shares. There are currently no holdings by mutual funds or foreign institutional investors (FIIs).

When is the next results date for Inani Marbles?

No Upcoming Board Meetings

Has Inani Marbles declared dividend?

Inani Marbles & Industries Ltd has declared a 2% dividend, amounting to ₹0.04 per share, with an ex-date of September 23, 2024. Recent total returns show mixed performance, with short-term losses but positive returns over longer periods.

Inani Marbles & Industries Ltd has declared a 2% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 2%<BR>- Amount per share: 0.04<BR>- Ex-date: 23 Sep 24<BR><BR>Dividend Yield: 0.19%.<BR><BR>Total Returns by Period:<BR>Over the 6 months, the price return was -13.73%, with a dividend return of 0%, resulting in a total return of -13.73%.<BR><BR>In the 1-year period, the price return was -6.9%, the dividend return was 0.15%, leading to a total return of -6.75%.<BR><BR>For the 2-year period, the price return was 10.55%, the dividend return was 0.40%, resulting in a total return of 10.95%.<BR><BR>In the 3-year period, the price return was 6.8%, with a dividend return of 0.63%, culminating in a total return of 7.43%.<BR><BR>Over the 4 years, the price return was 17.65%, the dividend return was 0.88%, resulting in a total return of 18.53%.<BR><BR>In the 5-year period, the price return was 205.56%, with a dividend return of 1.77%, leading to a total return of 207.33%.<BR><BR>Overall, Inani Marbles has declared a dividend, but the recent total returns reflect a mixed performance, with negative returns in the short term and positive returns over longer periods, indicating potential for recovery and growth.