Madhav Marbles

Why is Madhav Marbles and Granites Ltd falling/rising?

As of 01-Sep, the stock price of Madhav Marbles and Granites Ltd is rising to Rs 37.22, reflecting an 8.64% increase. This rise is driven by a strong opening and outperformance against the sector, although declining investor participation raises concerns about sustainability.

As of 01-Sep, the stock price of Madhav Marbles and Granites Ltd is rising, currently at Rs 37.22, reflecting a change of 2.96 (8.64%) upward. This increase can be attributed to several factors observed in the stock's performance today. Notably, the stock opened with a significant gain of 6.01% and reached an intraday high of Rs 37.22. Additionally, it has outperformed the sector by 9.29%, indicating strong relative performance compared to its peers.<BR><BR>Despite this positive movement, the stock has shown high volatility today, with an intraday volatility of 6.25%. However, it is important to note that investor participation has been declining, as evidenced by a delivery volume of 1.35k on 31 Aug, which has decreased by 49.03% against the 5-day average. This decline in participation could suggest that while the stock is currently rising, there may be underlying concerns about sustained interest from investors.<BR><BR>Overall, the combination of a strong opening, significant intraday gains, and outperformance against the sector contributes to the current rise in the stock price of Madhav Marbles and Granites Ltd.

Which are the latest news on Madhav Marbles?

Who are in the management team of Madhav Marbles?

The management team of Madhav Marbles includes Chairman Ravi K Krishnamurthi, Managing Director & CEO Madhav Doshi, and several independent directors, along with Company Secretary Priyanka Manawat and Whole-time Director Riddhima Doshi, all contributing to the company's governance and strategy.

The management team of Madhav Marbles includes the following individuals:<BR><BR>1. **Ravi K Krishnamurthi** - Chairman & Independent Director<BR>2. **Roshan Lal Nagar** - Non-Executive & Independent Director<BR>3. **Prakash Kumar Verdia** - Non-Executive & Independent Director<BR>4. **Swati Yadav** - Non-Executive & Independent Director<BR>5. **Priyanka Manawat** - Company Secretary & Compliance Officer<BR>6. **Madhav Doshi** - Managing Director & CEO<BR>7. **Riddhima Doshi** - Whole-time Director<BR><BR>This team brings a diverse range of expertise to the company, contributing to its governance and strategic direction.

What does Madhav Marbles do?

Madhav Marbles and Granites Ltd processes granite tiles and operates in the consumer products industry. As of June 2026, it reported net sales of 8 Cr and a net loss of 1 Cr, with a market cap of INR 31 Cr.

Overview:<BR>Madhav Marbles and Granites Ltd operates in the diversified consumer products industry, focusing on the processing of granite tiles.<BR><BR>History:<BR>The company was originally incorporated in 1989 as Maadhav Granites & Realty Private Limited in Jaipur, Rajasthan. It became a Public Limited Company in 1990 and changed its name to Madhav Marbles & Granite Limited in 2007. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 8 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: -1 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 31 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 29<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.00<BR>- Return on Equity: 0.00%<BR>- Price to Book: 0.25<BR><BR>Contact Details:<BR>Address: First Floor Mumal Towers, 16 Saheli Marg Udaipur Rajasthan : 313001<BR>Tel: 91-294-2981666<BR>Email: investor.relations@madhavmarbles.co<BR>Website: http://www.madhavmarbles.com

Who are the peers of the Madhav Marbles?

Madhav Marbles' peers include Elegant Marbles, Archies, Royal Cush. Vin., Aro Granite Inds, Oriental Trimex, Pearl Polymers, Amin Tannery, Medistep Health., Lexus Granito, and SPP Polymer. In terms of performance, Madhav Marbles has a 1-year return of -21.96%, better than Pearl Polymers but worse than Amin Tannery's 3.06%.

Peers: The peers of Madhav Marbles are Elegant Marbles, Archies, Royal Cush. Vin., Aro Granite Inds, Oriental Trimex, Pearl Polymers, Amin Tannery, Medistep Health., Lexus Granito, and SPP Polymer.<BR><BR>Quality Snapshot: Excellent management risk is observed at Medistep Health., while Below Average management risk is found at Elegant Marbles, Archies, Aro Granite Inds, Oriental Trimex, Madhav Marbles, Pearl Polymers, Amin Tannery, Lexus Granito, and SPP Polymer. Growth is Excellent at Medistep Health., Average at Elegant Marbles and Oriental Trimex, and Below Average at Archies, Aro Granite Inds, Madhav Marbles, Pearl Polymers, Amin Tannery, Lexus Granito, and SPP Polymer. Good capital structure is noted at Elegant Marbles and Medistep Health., while Below Average capital structure is found at Archies, Aro Granite Inds, Oriental Trimex, Madhav Marbles, Pearl Polymers, Amin Tannery, Lexus Granito, and SPP Polymer.<BR><BR>Return Snapshot: Amin Tannery has the highest 1-year return at 3.06%, while Pearl Polymers has the lowest at -50.95%. Madhav Marbles' 1-year return of -21.96% is better than Pearl Polymers but worse than Amin Tannery. Additionally, several peers, including Archies, Royal Cush. Vin., Oriental Trimex, and Pearl Polymers, have negative six-month returns.

How big is Madhav Marbles?

As of 31st August, Madhav Marbles and Granites Ltd has a market capitalization of 31.00 Cr and reported net sales of 30.59 Cr with a net loss of 0.24 Cr over the latest four quarters. Shareholder's funds were 124.32 Cr and total assets were valued at 139.08 Cr as of March 2025.

As of 31st August, Madhav Marbles and Granites Ltd has a market capitalization of 31.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported net sales of 30.59 Cr. However, it experienced a net loss of 0.24 Cr during the same period.<BR><BR>The latest annual period for the balance sheet is March 2025, where shareholder's funds amounted to 124.32 Cr and total assets were valued at 139.08 Cr.

Should I buy, sell or hold Madhav Marbles and Granites Ltd?

When is the next results date for Madhav Marbles and Granites Ltd?

The next results date for Madhav Marbles and Granites Ltd is 13 August 2026.

The next results date for Madhav Marbles and Granites Ltd is scheduled for 13 August 2026.

Are Madhav Marbles and Granites Ltd latest results good or bad?

Madhav Marbles and Granites Ltd's latest results show a significant net profit increase due to exceptional non-operating income, but the company faces serious operational challenges with an underlying operating loss and a history of declining performance. Investors should be cautious as the recent profit may not reflect sustainable business health.

The latest results for Madhav Marbles and Granites Ltd present a mixed picture. On one hand, the company reported a significant increase in net profit for Q4 FY26, reaching ₹1.49 crores, which is a remarkable growth of 7350% year-on-year. Additionally, revenue increased by 20.47% year-on-year to ₹9.24 crores, marking the highest quarterly revenue in the last seven quarters.<BR><BR>However, these positive figures are largely driven by exceptional other income of ₹4.62 crores, which accounted for a substantial portion of the profit before tax. When excluding this non-operating income, the company faced an operating loss of ₹1.20 crores, indicating serious underlying operational challenges. The operating margin, excluding other income, fell sharply to -12.99%, the worst performance in seven quarters.<BR><BR>Moreover, Madhav Marbles has struggled with consistent operating losses and a decline in sales over the past five years, raising concerns about the sustainability of its recent profitability. The company’s reliance on non-recurring income to achieve profit casts doubt on its ability to generate stable cash flows from its core operations.<BR><BR>In summary, while the headline figures for Q4 FY26 may seem positive, they mask significant operational issues and a long-term trend of declining performance. Investors should be cautious, as the underlying business remains deeply unprofitable despite the recent uptick in reported profits.

How has been the historical performance of Madhav Marbles?

Madhav Marbles has shown a consistent decline in net sales and profitability, with net sales dropping from INR 77.14 crore in March 2019 to INR 31.06 crore in March 2025, resulting in significant losses across various financial metrics. The company's total liabilities and assets have also decreased, indicating a troubling financial trend.

Answer:<BR>The historical performance of Madhav Marbles shows a declining trend in net sales and profitability over the years, culminating in significant losses in recent periods.<BR><BR>Breakdown:<BR>Madhav Marbles has experienced a consistent decline in net sales from INR 77.14 crore in March 2019 to INR 31.06 crore in March 2025. This downward trend is mirrored in total operating income, which decreased from INR 77.14 crore in March 2019 to INR 31.06 crore in March 2025. The company's operating profit, which was INR 12.08 crore in March 2019, turned negative by March 2025, recording a loss of INR 0.10 crore. Profit before tax also reflects this decline, moving from a profit of INR 6.02 crore in March 2019 to a loss of INR 1.15 crore in March 2025. Consequently, profit after tax has followed suit, decreasing from INR 4.61 crore in March 2019 to a loss of INR 1.48 crore in March 2025. The company's total liabilities have decreased from INR 168.47 crore in March 2020 to INR 139.08 crore in March 2025, while total assets have also declined from INR 168.47 crore to INR 139.08 crore over the same period. Cash flow from operating activities has fluctuated, with a notable positive cash flow of INR 23 crore in March 2023, but it turned negative in subsequent years. Overall, the financial data indicates a troubling trend for Madhav Marbles, characterized by declining revenues and increasing losses.

How has been the historical performance of Madhav Marbles?

Madhav Marbles has shown a declining trend in net sales and profitability, with net sales dropping from INR 77.14 crore in March 2019 to INR 31.06 crore in March 2025, resulting in significant losses across various financial metrics. Despite a slight improvement in cash flow from operating activities in March 2025, the overall financial performance remains negative.

Answer:<BR>The historical performance of Madhav Marbles shows a declining trend in net sales and profitability over the years, with significant losses reported in recent periods.<BR><BR>Breakdown:<BR>Madhav Marbles has experienced a consistent decline in net sales from INR 77.14 crore in March 2019 to INR 31.06 crore in March 2025. This downward trend is mirrored in total operating income, which has decreased from INR 77.14 crore to INR 31.06 crore over the same period. The company's operating profit (PBDIT) has also deteriorated, moving from a profit of INR 12.08 crore in March 2019 to a loss of INR 0.10 crore in March 2025. Profit before tax has followed a similar pattern, transitioning from a profit of INR 6.02 crore in March 2019 to a loss of INR 1.15 crore in March 2025. Consequently, profit after tax has declined from INR 4.61 crore to a loss of INR 1.48 crore in the same timeframe. The company's total liabilities have decreased from INR 168.47 crore in March 2020 to INR 139.08 crore in March 2025, while total assets have also reduced from INR 168.47 crore to INR 139.08 crore. Cash flow from operating activities has fluctuated, with a notable improvement to INR 2.00 crore in March 2025 after a negative cash flow in the previous year. Overall, Madhav Marbles has faced significant challenges in maintaining revenue and profitability, leading to a negative trend in its financial performance.

Who are the top shareholders of the Madhav Marbles?

The top shareholders of Madhav Marbles include promoter Madhav Doshi with 11.33%, public shareholder Sangeetha S with 7.93%, and individual investors holding a combined 47.46%. There are no mutual funds, foreign institutional investors, or pledged promoter holdings.

The top shareholders of Madhav Marbles include Madhav Doshi, who is the promoter with the highest holding at 11.33%. The highest public shareholder is Sangeetha S, holding 7.93%. Additionally, individual investors collectively hold a significant portion of 47.46%. There are no mutual funds or foreign institutional investors currently holding shares in the company, and there are no pledged promoter holdings.

Is Madhav Marbles overvalued or undervalued?

As of April 25, 2023, Madhav Marbles is considered overvalued and risky due to its negative PE ratio, unfavorable EV to EBITDA ratio, low Price to Book Value, and poor growth expectations compared to peers, despite a recent short-term stock return of 29.27%.

As of 25 April 2023, the valuation grade for Madhav Marbles has moved from does not qualify to risky, indicating a significant shift in its financial outlook. The company appears to be overvalued given its negative PE ratio of -44.11 and an EV to EBITDA ratio of -55.39, which suggests that the market is pricing the stock unfavorably compared to its earnings potential. Additionally, the Price to Book Value stands at 0.35, which is low, yet the overall financial metrics point towards underlying weaknesses.<BR><BR>When compared to its peers, Madhav Marbles has a notably worse PE ratio than the industry average, which typically hovers around positive values, and its EV to EBITDA ratio is also significantly lower than many competitors. For instance, while Madhav Marbles has a PEG ratio of 0.00, indicating no growth expectations, other companies in the diversified consumer products sector maintain positive growth projections. This, coupled with a recent stock return of 29.27% over the past month compared to the Sensex's 3.86%, suggests that the stock's short-term performance may not be sustainable given its fundamental weaknesses. Overall, Madhav Marbles is assessed as overvalued based on its current financial ratios and peer comparisons.

What is the technical trend for Madhav Marbles?

As of June 6, 2025, Madhav Marbles shows a mildly bullish trend based on the weekly MACD and Dow Theory, despite mixed signals from monthly indicators and daily moving averages.

As of 6 June 2025, the technical trend for Madhav Marbles has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish, suggesting mixed signals across time frames. The weekly RSI shows no signal, but the monthly RSI is bullish, supporting the mildly bullish outlook. Bollinger Bands are bullish on the weekly chart but mildly bearish on the monthly, indicating potential volatility. Daily moving averages are mildly bearish, which contrasts with the overall weekly and monthly bullish indicators from Dow Theory and OBV. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD, Dow Theory, and OBV, despite some bearish signals in the monthly indicators.

Has Madhav Marbles declared dividend?

Madhav Marbles and Granites Ltd has declared a 2% dividend, but the dividend yield is 0%. Total returns have varied, with a 137.91% return over the last 5 years, while shorter periods show mixed performance.

Madhav Marbles and Granites Ltd has declared a 2% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 2%<BR>- Ex-date: 23 Sep 22<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -13.74%, with a dividend return of 0%, resulting in a total return of -13.74%.<BR><BR>Over the past year, the price return was 21.95%, with a dividend return of 0%, leading to a total return of 21.95%.<BR><BR>For the 2-year period, the price return was 21.98%, and the dividend return was 0%, giving a total return of 21.98%.<BR><BR>In the 3-year period, the price return was 13.46%, with a dividend return of 0.47%, resulting in a total return of 13.93%.<BR><BR>Over the last 4 years, the price return was -8.4%, while the dividend return was 1.25%, leading to a total return of -7.15%.<BR><BR>In the 5-year period, the price return was 134.97%, with a dividend return of 2.94%, resulting in a total return of 137.91%.<BR><BR>Overall, Madhav Marbles has declared a dividend, but the dividend yield remains at 0%. The total returns show a mixed performance, with significant gains over the 5-year period, while shorter periods reflect varying levels of returns, both positive and negative.