Madhav Marbles

Who are in the management team of Madhav Marbles?

As of March 2022, 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. Each member contributes to the company's governance and operations.

As of March 2022, 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>Each member plays a crucial role in the governance and operational management of the company.

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.

Who are the peers of the Madhav Marbles?

Madhav Marbles' peers include Kajaria Ceramics, Safari Industries, Cera Sanitary, and Borosil, among others. In terms of management risk, growth, and capital structure, Madhav Marbles shows below-average performance compared to some peers, with a 1-year return of 8.96%.

Peers: The peers of Madhav Marbles are Kajaria Ceramics, Safari Inds., Cera Sanitary., V I P Inds., Borosil, Anka India, Amin Tannery, Technopack Poly., Kshitij Polyline, and SPP.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kajaria Ceramics, Safari Inds., and Technopack Poly., while Good management risk is found at Cera Sanitary. Average management risk is present at V I P Inds., while Below Average management risk is noted for Borosil, Madhav Marbles, Amin Tannery, Kshitij Polyline, and SPP. Growth is Excellent at Borosil, Good at Safari Inds. and Technopack Poly., while Below Average growth is seen at Kajaria Ceramics, Cera Sanitary, V I P Inds., Madhav Marbles, Amin Tannery, and Kshitij Polyline. The Capital Structure is Excellent for Kajaria Ceramics, Safari Inds., Cera Sanitary, and Borosil, while Average is noted for Madhav Marbles and Good for Technopack Poly. Below Average Capital Structure is found at V I P Inds., Amin Tannery, Kshitij Polyline, and SPP.<BR><BR>Return Snapshot: Anka India has the highest 1-year return at 119.23%, while V I P Inds. has the lowest at -24.30%. Madhav Marbles' 1-year return of 8.96% is higher than that of V I P Inds. and lower than Anka India. Additionally, several peers, including V I P Inds., Borosil, Amin Tannery, Technopack Poly., Kshitij Polyline, and SPP, have negative six-month returns.

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.

What does Madhav Marbles do?

Madhav Marbles and Granites Ltd is a micro-cap company specializing in the processing and export of premium granite and marble. As of March 2025, it reported net sales of 77 Cr and a market cap of INR 40 Cr.

Overview: <BR>Madhav Marbles and Granites Ltd is a leading processor and exporter of premium quality granite and marble, operating in the diversified consumer products industry within the micro-cap market.<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 net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 77 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 0 Cr (Quarterly Results - Mar 2025) <BR>Market-cap: INR 40 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 35 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.09 <BR>Return on Equity: -0.54% <BR>Price to Book: 0.33<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 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.

How big is Madhav Marbles?

As of 24th July, Madhav Marbles and Granites Ltd has a market capitalization of 40.00 Cr and reported Net Sales of 31.05 Cr with a Net Profit loss of 0.67 Cr over the latest four quarters. Shareholder's Funds were 124.97 Cr and Total Assets were 142.49 Cr as of March 2024.

As of 24th July, Madhav Marbles and Granites Ltd has a market capitalization of 40.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 31.05 Cr. However, it experienced a loss of 0.67 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024, where Shareholder's Funds amounted to 124.97 Cr and Total Assets were valued at 142.49 Cr.

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.

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.

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.

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

Madhav Marbles and Granites Ltd's latest results are concerning, with Q3 FY26 net sales declining to ₹6.60 crores and a consolidated net loss of ₹0.49 crores, indicating ongoing operational challenges and a lack of profitability. Overall, the financial performance is characterized as bad due to persistent losses and declining sales.

The latest results for Madhav Marbles and Granites Ltd indicate a challenging situation for the company. In Q3 FY26, net sales dropped to ₹6.60 crores, marking a decline of 3.51% from the previous quarter and 3.65% year-on-year. This represents the lowest quarterly revenue in the last eight quarters, highlighting a concerning trend of revenue contraction.<BR><BR>Additionally, the company reported a consolidated net loss of ₹0.49 crores, which, while an improvement of 11.36% from the previous quarter, reflects a significant deterioration of 53.12% compared to the same quarter last year. The operating margin, excluding other income, was negative at -2.58%, although this was an improvement from the previous quarter's -11.26%.<BR><BR>Overall, the financial performance suggests that Madhav Marbles is facing significant operational challenges, with persistent losses and declining sales indicating a lack of profitability. The reliance on other income to offset operational losses raises concerns about the sustainability of its financial position. Given these factors, the latest results can be characterized as bad, reflecting ongoing difficulties in the company's operations.

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

Why is Madhav Marbles and Granites Ltd falling/rising?

As of 03-Apr, Madhav Marbles and Granites Ltd's stock price is declining at 31.08, down 2.84%. This decline is driven by significant underperformance against the Sensex, high volatility, poor financial health, and a drastic drop in investor participation.

As of 03-Apr, Madhav Marbles and Granites Ltd is experiencing a decline in its stock price, currently at 31.08, which reflects a change of -0.91 or -2.84%. This downward movement can be attributed to several factors highlighted in the recent performance data. <BR><BR>Firstly, the stock has underperformed significantly compared to the benchmark Sensex, with a 1-week decline of -8.78% against the Sensex's -2.60%, and a year-to-date drop of -26.97% compared to the Sensex's -13.96%. This consistent underperformance indicates a lack of investor confidence and market interest in the stock.<BR><BR>Additionally, the stock has shown a trend reversal, falling after two consecutive days of gains, which suggests volatility and uncertainty among investors. The trading activity has also been erratic, with the stock not trading on one day out of the last 20 days, further indicating a lack of consistent interest.<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, which typically signals a bearish trend. The delivery volume has drastically decreased by 97.1% against the 5-day average, reflecting falling investor participation and liquidity concerns.<BR><BR>Financially, the company is facing significant challenges, including operating losses and a weak long-term fundamental strength. The net sales have declined at an annual rate of -13.76%, and the operating profit has plummeted by -234.32% over the last five years. The company has also reported a negative EBITDA of Rs. -1.82 cr, and its profits have fallen by -185% over the past year, which raises concerns about its ability to sustain operations and service its debt.<BR><BR>While there has been a slight increase in promoter confidence, with a 0.61% increase in their stake, this has not been sufficient to counterbalance the negative financial indicators and the stock's overall performance. Therefore, the combination of poor financial health, declining investor interest, and consistent underperformance against benchmarks is contributing to the stock's decline.

Why is Madhav Marbles and Granites Ltd falling/rising?

As of 04-Apr, Madhav Marbles and Granites Ltd's stock is at 31.08, down 2.84%, and has significantly underperformed the Sensex with a year-to-date decline of 26.97%. The company's financial health is weak, marked by operating losses and a negative EBITDA, contributing to its bearish trend and poor long-term outlook.

As of 04-Apr, Madhav Marbles and Granites Ltd's stock price is falling, currently at 31.08, reflecting a decrease of 0.91 or 2.84%. This decline is part of a broader trend, as the stock has underperformed significantly against the benchmark Sensex, with a 1-week drop of 8.78% compared to the Sensex's 2.60%. Over the past month, the stock has decreased by 11.75%, while the Sensex has only fallen by 8.62%. Year-to-date, the stock is down 26.97%, compared to a 13.96% decline in the Sensex.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 2.28% and has experienced a trend reversal after two days of consecutive gains. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. There has also been a significant drop in investor participation, with delivery volume falling by 97.1% against the 5-day average.<BR><BR>The company's financial health is concerning, as it has reported operating losses and a negative EBITDA of Rs. -1.82 crore. The net sales have decreased at an annual rate of -13.76%, and the company's ability to service its debt is weak, indicated by a poor EBIT to Interest ratio of -2.88. Furthermore, the stock has consistently underperformed against the benchmark over the last three years, generating a return of -24.01% in the past year while profits have fallen by 185%. These factors collectively contribute to the stock's decline, indicating a weak long-term fundamental strength despite a slight increase in promoter confidence.

Why is Madhav Marbles and Granites Ltd falling/rising?

As of 05-Apr, Madhav Marbles and Granites Ltd's stock is at 31.08, down 2.84%, and has significantly underperformed against the benchmark with a year-to-date decline of 26.97%. The company faces serious financial challenges, including operating losses and weak investor interest, contributing to its bearish trend.

As of 05-Apr, Madhav Marbles and Granites Ltd's stock price is falling, currently at 31.08, which reflects a decrease of 0.91 or 2.84%. The stock has underperformed significantly against the benchmark, with a performance of -8.78% over the past week compared to the Sensex's -2.60%. Over the last month, the stock has declined by 11.75%, while the Sensex has only fallen by 8.62%. Year-to-date, the stock is down 26.97%, which is notably worse than the Sensex's decline of 13.96%.<BR><BR>Today's performance indicates a trend reversal, as the stock has fallen after two consecutive days of gains. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a bearish trend. There has also been a significant drop in investor participation, with delivery volume plummeting by 97.1% compared to the 5-day average.<BR><BR>Despite a slight increase in promoter confidence, with a 0.61% increase in their stake, the company faces serious financial challenges. It has reported operating losses, with net sales declining at an annual rate of -13.76% and an alarming operating profit decrease of -234.32% over the last five years. The company’s ability to service its debt is weak, evidenced by a poor EBIT to Interest ratio of -2.88. Furthermore, the recent financial results show a substantial loss, with a profit before tax falling by 835.71% and cash equivalents at a low of Rs 0.23 crore.<BR><BR>Overall, the combination of poor financial performance, declining sales, and weak investor interest is contributing to the stock's downward trajectory.

Which are the latest news on Madhav Marbles?