Madhav Marbles

Why is Madhav Marbles and Granites Ltd falling/rising?

As of 18-Jul, Madhav Marbles and Granites Ltd's stock is rising to 37.23, driven by short-term gains and sector outperformance. However, long-term challenges persist, including significant declines in year-to-date and one-year performance, along with concerning financial health and weak debt servicing capabilities.

As of 18-Jul, Madhav Marbles and Granites Ltd's stock price is rising, currently at 37.23, with a change of 0.34 (0.92%) upwards. This increase can be attributed to the stock outperforming its sector by 1.66% today and having gained for the last two consecutive days, resulting in a total return of 7.57% over this period. Additionally, the stock has shown a positive performance over the past week, with a return of +1.44%, compared to the Sensex's +0.75%.<BR><BR>However, despite this short-term rise, the stock has significant long-term challenges. It has reported a year-to-date decline of -12.52% and a one-year decline of -17.65%, indicating consistent underperformance against the benchmark. The company's financial health is concerning, with operating losses and a negative EBITDA of Rs. -2.16 crore, which raises questions about its long-term viability. Furthermore, the company's ability to service its debt is weak, as indicated by a poor EBIT to Interest ratio of -2.88.<BR><BR>In summary, while the stock is currently experiencing a rise due to short-term gains and sector outperformance, the underlying financial issues and historical underperformance suggest a precarious situation for Madhav Marbles and Granites Ltd.

Which are the latest news on Madhav Marbles?

What does Madhav Marbles do?

Madhav Marbles and Granites Ltd processes granite tiles and operates in the consumer products industry as a micro-cap company. Founded in 1989, it reported net sales of 9 Cr and a profit of 1 Cr for the quarter ending March 2026.

Overview:<BR>Madhav Marbles and Granites Ltd is engaged in the processing of granite tiles and operates within the diversified consumer products industry, classified as a micro-cap company.<BR><BR>History:<BR>The company was originally incorporated on April 7, 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 on March 13, 2007. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 9 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 33 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 85.00<BR>- Industry P/E: 30<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.05<BR>- Return on Equity: 0.31%<BR>- Price to Book: 0.27<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

How big is Madhav Marbles?

As of 10th June, Madhav Marbles and Granites Ltd has a market capitalization of 33.00 Cr, classifying it as a Micro Cap company, with recent Net Sales of 30.71 Cr and a Net Profit of 0.38 Cr. The balance sheet for March 2025 shows Shareholder's Funds of 124.32 Cr and Total Assets of 139.08 Cr.

As of 10th June, Madhav Marbles and Granites Ltd has a market capitalization of 33.00 Cr, which classifies it as a Micro Cap company.<BR><BR>In the latest four quarters, Madhav Marbles reported Net Sales of 30.71 Cr and a Net Profit of 0.38 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 124.32 Cr and Total Assets of 139.08 Cr.

Who are in the management team of Madhav Marbles?

The management team of Madhav Marbles includes Chairman Ravi K Krishnamurthi, Non-Executive Directors Roshan Lal Nagar, Prakash Kumar Verdia, and Swati Yadav, Company Secretary Priyanka Manawat, Managing Director & CEO Madhav Doshi, and Whole-time Director Riddhima Doshi. They oversee the company's operations and strategic direction.

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 is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the Madhav Marbles?

Madhav Marbles' peers include Divyadhan Recy., Oriental Trimex, Archies, A B M Internatl., Aro Granite Inds, Lexus Granito, Pearl Polymers, Medistep Health., SPP Polymer, and Amin Tannery. In terms of performance, Madhav Marbles has a 1-year return of -26.55%, better than Divyadhan Recy. (-42.32%) and Oriental Trimex (-58.55%).

Peers: The peers of Madhav Marbles are Divyadhan Recy., Oriental Trimex, Archies, A B M Internatl., Aro Granite Inds, Lexus Granito, Pearl Polymers, Medistep Health., SPP Polymer, and Amin Tannery.<BR><BR>Quality Snapshot: Excellent management risk is observed at Medistep Health., while Below Average management risk is found at Divyadhan Recy., Oriental Trimex, Archies, A B M Internatl., Aro Granite Inds, Madhav Marbles, Lexus Granito, Pearl Polymers, SPP Polymer, and Amin Tannery. Excellent growth is noted at Medistep Health., while Below Average growth is present at Divyadhan Recy., Oriental Trimex, Archies, A B M Internatl., Aro Granite Inds, Madhav Marbles, Lexus Granito, Pearl Polymers, SPP Polymer, and Amin Tannery. Good capital structure is seen at Medistep Health., while Average capital structure is found at Divyadhan Recy. and SPP Polymer, and Below Average capital structure is noted at Oriental Trimex, Archies, A B M Internatl., Aro Granite Inds, Madhav Marbles, Lexus Granito, Pearl Polymers, and Amin Tannery.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Divyadhan Recy. at -42.32%, while the peer with the lowest 1-year return is Oriental Trimex at -58.55%. Madhav Marbles has a 1-year return of -26.55%, which is better than both of these peers. Additionally, several peers, including Oriental Trimex, Archies, A B M Internatl., Aro Granite Inds, Lexus Granito, Pearl Polymers, SPP Polymer, and Amin Tannery, have negative six-month returns.

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

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.

When is the next results date for Madhav Marbles?

Madhav Marbles will declare its results on 11 November 2025.

Madhav Marbles will declare its results on 11 November 2025.

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.