Elegant Marbles and Grani Industries Ltd () News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{
  "main_header": {
    "sid": 876809,
    "name": "Elegant Marbles",
    "stock_name": "Elegant Marbles",
    "full_name": "Elegant Marbles and Grani Industries Ltd",
    "name_url": "stocks-analysis/elegant-marbles",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "217.50",
    "chg": -2.4,
    "chgp": "-1.09%",
    "dir": -1,
    "prev_price": "219.90",
    "mcapval": "66.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 526705,
    "symbol": "",
    "ind_name": "Diversified consumer products",
    "ind_code": 49,
    "indexname": "",
    "isin": "INE095B01010",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "112 ",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
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  "news": {
    "results": [
      {
        "title": "Is Elegant Marbles overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-elegant-marbles-overvalued-or-undervalued-3716769",
        "imagepath": "",
        "date": "2025-11-20 08:07:01",
        "description": "As of 19 November 2025, the valuation grade for Elegant Marbles has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE Ratio of 24.20, a Price to Book Value of 0.55, and an EV to EBITDA of 27.81. \n\nIn comparison with peers, Elegant Marbles stands out against Elitecon International, which is very expensive with a PE Ratio of 265.8, and D.P. Abhushan, which is also fair with a PE Ratio of 24.81. Despite recent underperformance, with a year-to-date return of -17.03% compared to the Sensex's 9.02%, Elegant Marbles' valuation appears justified within the current market context...."
      },
      {
        "title": "Is Elegant Marbles overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-elegant-marbles-overvalued-or-undervalued-3687697",
        "imagepath": "",
        "date": "2025-11-11 08:12:56",
        "description": "As of 10 November 2025, the valuation grade for Elegant Marbles has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 24.14, a Price to Book Value of 0.55, and an EV to EBITDA of 27.54. \n\nIn comparison with peers, Elegant Marbles stands out with a PE ratio that is significantly lower than Elitecon International's 359.8 and MMTC's 139.4, while also being more favorable than Optiemus Infra's PE of 75.12. Despite recent stock performance showing a decline of 17.22% year-to-date compared to a 6.91% increase in the Sensex, the overall valuation suggests that Elegant Marbles is positioned reasonably within its industry...."
      },
      {
        "title": "Is Elegant Marbles overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-elegant-marbles-overvalued-or-undervalued-3684176",
        "imagepath": "",
        "date": "2025-11-10 08:12:26",
        "description": "As of 7 November 2025, the valuation grade for Elegant Marbles has moved from fair to expensive, indicating a shift in perception regarding its market value. The company is currently considered overvalued, with a PE ratio of 24.64, an EV to EBITDA of 28.16, and a Price to Book Value of 0.56. These ratios suggest that the stock is trading at a premium compared to its earnings and cash flow generation capabilities.\n\nIn comparison to its peers, Elegant Marbles' PE ratio is significantly lower than that of Elitecon International, which stands at 378.62, but higher than PTC India, which is at 7.9 and is categorized as very attractive. The EV to EBITDA ratio of 28.16 also places Elegant Marbles in a less favorable position compared to PTC India, which has a much lower ratio of 4.18. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -15.53% compared to..."
      },
      {
        "title": "Is Elegant Marbles overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-elegant-marbles-overvalued-or-undervalued-3682851",
        "imagepath": "",
        "date": "2025-11-09 08:10:43",
        "description": "As of 7 November 2025, Elegant Marbles has moved from a fair to an expensive valuation grade. The company appears to be overvalued based on its current financial ratios, including a PE Ratio of 24.64, an EV to EBITDA of 28.16, and a Price to Book Value of 0.56. In comparison to its peers, Elegant Marbles' PE Ratio is significantly lower than Elitecon International's staggering 378.62, but higher than PTC India's attractive 7.9, indicating a relative overvaluation within its sector.\n\nThe company's financial performance metrics, such as a ROCE of 2.38% and a ROE of 2.27%, suggest limited profitability, further supporting the overvaluation verdict. Additionally, while the stock has performed well over the long term with a 5-year return of 251.23%, it has underperformed compared to the Sensex in the short term, with a year-to-date decline of 15.53% against the Sensex's gain of 6.50%. This trend reinforces the n..."
      },
      {
        "title": "Is Elegant Marbles overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-elegant-marbles-overvalued-or-undervalued-3681900",
        "imagepath": "",
        "date": "2025-11-08 08:10:30",
        "description": "As of 7 November 2025, Elegant Marbles has moved from a fair to an expensive valuation grade. The company is currently overvalued, with a PE ratio of 24.64, an EV to EBITDA of 28.16, and a Price to Book Value of 0.56. Compared to peers, Elegant Marbles' valuation stands out, particularly against Elitecon International, which has a PE ratio of 378.62, and PTC India, which is very attractive with a PE of 7.9.\n\nThe company's financial metrics indicate significant overvaluation, especially given its low ROCE of 2.38% and ROE of 2.27%. While Elegant Marbles has shown strong returns over a longer horizon, such as a 251.23% increase over the past five years, its recent performance has lagged behind the Sensex, with a year-to-date decline of 15.53% compared to the Sensex's gain of 6.50%. This further reinforces the conclusion that Elegant Marbles is currently overvalued in the market...."
      },
      {
        "title": "Are Elegant Marbles latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-elegant-marbles-latest-results-good-or-bad-3663732",
        "imagepath": "",
        "date": "2025-11-01 19:14:03",
        "description": "Elegant Marbles' latest financial results for Q2 FY26 reveal significant operational challenges. The company reported net sales of ₹8.17 crore, reflecting a year-on-year decline of 21.29%, although there was a sequential improvement of 19.79% compared to the previous quarter. This sequential growth, while noteworthy, does not offset the concerning trend of declining revenues when compared to historical performance, particularly against the ₹10.38 crore achieved in Q2 FY24.\n\nThe net profit for the quarter stood at ₹1.21 crore, which indicates a sharp 52.55% decline year-on-year, despite a sequential increase of 44.05% from the previous quarter. This highlights the volatility in profitability and raises concerns about the sustainability of earnings.\n\nOperating margins also faced significant compression, dropping to 16.65% from 28.32% in the same quarter last year, indicating a 1,167 basis points decline. The ..."
      },
      {
        "title": "How has been the historical performance of Elegant Marbles?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-elegant-marbles-3662765",
        "imagepath": "",
        "date": "2025-10-31 22:40:37",
        "description": "Answer:\nThe historical performance of Elegant Marbles shows a fluctuating trend in net sales and profitability over the years.\n\nBreakdown:\nElegant 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 f..."
      },
      {
        "title": "Why is Elegant Marbles falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-elegant-marbles-fallingrising-3662741",
        "imagepath": "",
        "date": "2025-10-31 22:39:43",
        "description": "As of 31-Oct, Elegant Marbles and Grani Industries Ltd is experiencing a decline in its stock price, currently at 221.30, which reflects a decrease of 3.7 points or 1.64%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 4.82% during this period. Additionally, it is trading below all its moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 2.08%, and it has significantly underperformed the benchmark Sensex, which has gained 3.65% over the past month. There is a notable increase in investor participation, with delivery volume rising by 64.86% against the 5-day average, suggesting some interest despite the overall negative movement.\n\nBroader Market Context: In the context of the broader market, Elegant Marbles' recent performance contrasts sharply with the Sensex, which has shown a posi..."
      },
      {
        "title": "Elegant Marbles Q2 FY26: Sharp Profit Decline Amid Revenue Weakness",
        "link": "https://www.marketsmojo.com/news/result-analysis/elegant-marbles-q2-fy26-sharp-profit-decline-amid-revenue-weakness-3662660",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/10/ElegantMarblesa_quaterlyResult_3662660.png",
        "date": "2025-10-31 22:03:28",
        "description": "Elegant Marbles and Grani Industries Ltd., a diversified consumer products company specialising in marble and granite processing, reported a concerning Q2 FY26 performance with net profit plunging 52.55% year-on-year to ₹1.21 crores, down from ₹2.55 crores in the same quarter last year. The ₹82.00 crore market capitalisation company saw its stock trading at ₹221.30 on October 31, 2025, down 1.64% on the day, reflecting investor concerns over deteriorating profitability despite sequential revenue improvement."
      }
    ],
    "total": 424,
    "sid": "876809",
    "stock_news_url": "https://www.marketsmojo.com/news/elegant-marbles-and-grani-industries-876809"
  },
  "announcements": [
    {
      "caption": "Board Meeting Outcome for Unaudited Financial Result For The Quarter And Half Year Ended September 30 2025",
      "datetime": "31-Oct-2025",
      "details": "Unaudited financial result for the quarter and half year ended September 30 2025.",
      "source": "BSE"
    },
    {
      "caption": "Unaudited Financial Result For The Quarter And Half Year Ended September 30 2025",
      "datetime": "31-Oct-2025",
      "details": "Unaudited financial results for quarter and half year ended September 30 2025",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Intimation for Approval Of Un-Audited Financial Results For The Quarter And Half Year Ended On September 30 2025",
      "datetime": "27-Oct-2025",
      "details": "ELEGANT MARBLES GRANI INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/10/2025 inter alia to consider and approve Un-Audited Financial Results for the Quarter and half year ended on September 30 2025",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Elegant Marbles and Grani Industries Ltd has declared <strong>10%</strong> dividend, ex-date: 09 Jul 25",
          "dt": "2025-07-09",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Is Elegant Marbles overvalued or undervalued?

2025-11-20 08:07:01

As of 19 November 2025, the valuation grade for Elegant Marbles has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE Ratio of 24.20, a Price to Book Value of 0.55, and an EV to EBITDA of 27.81. In comparison with peers, Elegant Marbles stands out against Elitecon International, which is very expensive with a PE Ratio of 265.8, and D.P. Abhushan, which is also fair with a PE Ratio of 24.81. Despite recent underperformance, with a year-to-date return of -17.03% compared to the Sensex's 9.02%, Elegant Marbles' valuation appears justified within the current market context....

Is Elegant Marbles overvalued or undervalued?

2025-11-11 08:12:56

As of 10 November 2025, the valuation grade for Elegant Marbles has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 24.14, a Price to Book Value of 0.55, and an EV to EBITDA of 27.54. In comparison with peers, Elegant Marbles stands out with a PE ratio that is significantly lower than Elitecon International's 359.8 and MMTC's 139.4, while also being more favorable than Optiemus Infra's PE of 75.12. Despite recent stock performance showing a decline of 17.22% year-to-date compared to a 6.91% increase in the Sensex, the overall valuation suggests that Elegant Marbles is positioned reasonably within its industry....

Is Elegant Marbles overvalued or undervalued?

2025-11-10 08:12:26

As of 7 November 2025, the valuation grade for Elegant Marbles has moved from fair to expensive, indicating a shift in perception regarding its market value. The company is currently considered overvalued, with a PE ratio of 24.64, an EV to EBITDA of 28.16, and a Price to Book Value of 0.56. These ratios suggest that the stock is trading at a premium compared to its earnings and cash flow generation capabilities. In comparison to its peers, Elegant Marbles' PE ratio is significantly lower than that of Elitecon International, which stands at 378.62, but higher than PTC India, which is at 7.9 and is categorized as very attractive. The EV to EBITDA ratio of 28.16 also places Elegant Marbles in a less favorable position compared to PTC India, which has a much lower ratio of 4.18. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -15.53% compared to...

Is Elegant Marbles overvalued or undervalued?

2025-11-09 08:10:43

As of 7 November 2025, Elegant Marbles has moved from a fair to an expensive valuation grade. The company appears to be overvalued based on its current financial ratios, including a PE Ratio of 24.64, an EV to EBITDA of 28.16, and a Price to Book Value of 0.56. In comparison to its peers, Elegant Marbles' PE Ratio is significantly lower than Elitecon International's staggering 378.62, but higher than PTC India's attractive 7.9, indicating a relative overvaluation within its sector. The company's financial performance metrics, such as a ROCE of 2.38% and a ROE of 2.27%, suggest limited profitability, further supporting the overvaluation verdict. Additionally, while the stock has performed well over the long term with a 5-year return of 251.23%, it has underperformed compared to the Sensex in the short term, with a year-to-date decline of 15.53% against the Sensex's gain of 6.50%. This trend reinforces the n...

Is Elegant Marbles overvalued or undervalued?

2025-11-08 08:10:30

As of 7 November 2025, Elegant Marbles has moved from a fair to an expensive valuation grade. The company is currently overvalued, with a PE ratio of 24.64, an EV to EBITDA of 28.16, and a Price to Book Value of 0.56. Compared to peers, Elegant Marbles' valuation stands out, particularly against Elitecon International, which has a PE ratio of 378.62, and PTC India, which is very attractive with a PE of 7.9. The company's financial metrics indicate significant overvaluation, especially given its low ROCE of 2.38% and ROE of 2.27%. While Elegant Marbles has shown strong returns over a longer horizon, such as a 251.23% increase over the past five years, its recent performance has lagged behind the Sensex, with a year-to-date decline of 15.53% compared to the Sensex's gain of 6.50%. This further reinforces the conclusion that Elegant Marbles is currently overvalued in the market....

Are Elegant Marbles latest results good or bad?

2025-11-01 19:14:03

Elegant Marbles' latest financial results for Q2 FY26 reveal significant operational challenges. The company reported net sales of ₹8.17 crore, reflecting a year-on-year decline of 21.29%, although there was a sequential improvement of 19.79% compared to the previous quarter. This sequential growth, while noteworthy, does not offset the concerning trend of declining revenues when compared to historical performance, particularly against the ₹10.38 crore achieved in Q2 FY24. The net profit for the quarter stood at ₹1.21 crore, which indicates a sharp 52.55% decline year-on-year, despite a sequential increase of 44.05% from the previous quarter. This highlights the volatility in profitability and raises concerns about the sustainability of earnings. Operating margins also faced significant compression, dropping to 16.65% from 28.32% in the same quarter last year, indicating a 1,167 basis points decline. The ...

How has been the historical performance of Elegant Marbles?

2025-10-31 22:40:37

Answer: The historical performance of Elegant Marbles shows a fluctuating trend in net sales and profitability over the years. Breakdown: 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 f...

Why is Elegant Marbles falling/rising?

2025-10-31 22:39:43

As of 31-Oct, Elegant Marbles and Grani Industries Ltd is experiencing a decline in its stock price, currently at 221.30, which reflects a decrease of 3.7 points or 1.64%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 4.82% during this period. Additionally, it is trading below all its moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 2.08%, and it has significantly underperformed the benchmark Sensex, which has gained 3.65% over the past month. There is a notable increase in investor participation, with delivery volume rising by 64.86% against the 5-day average, suggesting some interest despite the overall negative movement. Broader Market Context: In the context of the broader market, Elegant Marbles' recent performance contrasts sharply with the Sensex, which has shown a posi...

Elegant Marbles Q2 FY26: Sharp Profit Decline Amid Revenue Weakness

2025-10-31 22:03:28

Elegant Marbles and Grani Industries Ltd., a diversified consumer products company specialising in marble and granite processing, reported a concerning Q2 FY26 performance with net profit plunging 52.55% year-on-year to ₹1.21 crores, down from ₹2.55 crores in the same quarter last year. The ₹82.00 crore market capitalisation company saw its stock trading at ₹221.30 on October 31, 2025, down 1.64% on the day, reflecting investor concerns over deteriorating profitability despite sequential revenue improvement.

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