Esprit Stones
- Market cap
- ₹ 131 Cr.
- P/E
- 23.2x
- P/B
- 1.01x
- 52-week range
- 51.1 – 94.5
- ROE
- −2%
- ROCE
- 0%
- Dividend yield
- 0%
- Debt / equity
- 0.39
- Sector
- Consumer Durables
- Industry
- Granites & Marbles
- Listed on
- NSE SME
About
Esprit Stones Limited is an India-based company. The Company is engaged in engineered stones, such as engineered quartz surfaces and engineered marble surfaces, which is a luxurious substitute of natural marble and granite. The Company is also involved in manufacturing of raw materials such as quartz grit and unsaturated polyester resin for engineered stones. The Company operates through three segments: Engineered Stones, Unsaturated Polyester Resin, and Other operations. It offers natural stone in a range of colors and textures. The Company's stone collection can be used for a variety of applications, including furniture, vanities, kitchen and bathroom surfaces, work surfaces, countertops, floors, walls, special features, and more. Its products consist of Sparkle-Grigo, Sparkle-Grey, Sparkle-White, Sparkle-Black, Nero White, Calcutta Pearl, Calacutta Nuvo, Calacatta Rafael, Calacatta Borghini, Carara White, Venetino, Space Black, Ice White, Awlanche White, and Winter White.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Granites & Marbles: 10 companies →Esprit Stones against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)23.2 against a typical 34.8: cheaper than most peers (1st = cheapest).4th of 10
- Sales growth−43.4% against a typical −0.6% from a year earlier.10th of 10
- Profit growth−125% against a typical +29.2% from a year earlier.6th of 7
- Share price, 3 months−1.1% against a typical −10%.1st of 9
- Size₹ 130.9 Cr. market value against a typical ₹ 90.3 Cr. (1st = largest).3rd of 9
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated BB by CRISIL- CRISIL lowered its rating on 2 Feb 2026.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil BB | Stable | 2 Feb 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 2 Feb 2026 | ▼ Downgrade1 notch | Crisil BB+ → Crisil BB | — | CRISIL | ₹ 42 Cr. | |
| 10 Oct 2025 | Reaffirmed | Crisil BB+ | — | CRISIL | ₹ 42 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 16 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 14 Nov 2025 | Financial Results | To consider and approve the Unaudited financial results for the period ended September 30, 2025 |
| 15 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
| 11 Mar 2025 | Other business matters | To consider other business matters |
| 13 Nov 2024 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2024 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 144 | 129 | 161 | 161 | 99 | 73 |
| Expenses | 126 | 115 | 142 | 142 | 97 | 70 |
| Operating Profit | 18 | 14 | 18 | 19 | 2 | 4 |
| OPM % | 12% | 11% | 11% | 12% | 2.1% | 5% |
| Other Income | 1 | 1 | 1 | 2 | 3 | 1 |
| Interest | 5 | 5 | 4 | 4 | 3 | 2 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 5 |
| Profit before tax | 9 | 5 | 10 | 12 | −4 | −1 |
| Tax % | 29% | 23% | 24% | 20% | −26% | −9% |
| Net Profit | 6 | 4 | 8 | 9 | −3 | −1 |
| EPS in Rs | 6.35 | 2.56 | 3.21 | 3.92 | −0.66 | −0.53 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 4%
- 3 Years
- 0%
- TTM
- −46%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- −119%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 11%
- 3 Years
- 8%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Esprit Stones | ₹ 63.00 | ₹ 131 Cr. | 23.2x | 1x | −2% | — |
| UltraTech Cement | ₹ 11,066.00 | ₹ 3,26,092 Cr. | 41.5x | 4.5x | — | 9.3% |
| Grasim Industries | ₹ 2,898.00 | ₹ 1,95,975 Cr. | 34.6x | 2.1x | — | 6.2% |
| Ambuja Cements | ₹ 358.00 | ₹ 88,956 Cr. | 20.9x | 1.7x | — | 13.2% |
| Shree Cement | ₹ 22,760.00 | ₹ 82,120 Cr. | 51.6x | 3.8x | — | 7.5% |
| Dalmia Bharat | ₹ 1,591.65 | ₹ 29,801 Cr. | 29.8x | 1.9x | — | 6.3% |
Management
- Prakash Manghani
- Chief Financial Officer
- Anjali Pandey
- Compliance Officer, Company Secretary
- Nitin Gattani
- Joint Managing Director, Executive Director
- Sunilkumar Lunawath
- Managing Director, Executive Director
- Pradeepkumar Lunawath
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.