Madhav Marbles & Granites Ltd

NSE: MADHAVBSE: 515093
Compare with peers
₹ 31.75▲ 0.13 (+0.41%)28 Oct, 02:59 pm IST
P/E
51.4x
52-week range
29 – 46
ROE
−1%
ROCE
−0.7%
Sector
Consumer Durables
Industry
Granites & Marbles
Listed on
NSE, BSE

About

Madhav Marbles and Granites Limited is an India-based company. The Company is engaged in manufacturing, processing and trading of granite slabs / tiles, marble slabs / tiles, windmill power generation and realty business. The Company operates through three segments: Granite & Stone Division, Realty Division, and Power Generation Unit. The Company supplies granite with a range of granite collections that stays alive over the years. It provides Calibrated Granite Tiles, Granite XL Tiles, and other natural stones. The Company operates its Granite Division from South India (Salem, Tamil Nadu). The Company’s granite collections include Amba White, Absolute Black, Amadeus Blue, Astoria, Bross Blue, Black Galaxy, Blue Oceano, Blue Pearl, Bianco Antico, Black Pearl, Bengal White, Colonial Cream, Coffee Brown Granite, Copper Red, Colonial White, Imperial Cream, Imperial Gold, Kashmir Gold, Kashmir White, and more.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Granites & Marbles: 10 companies →

Madhav Marbles & Granites Ltd 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)51.4 against a typical 34.8: pricier than most peers (1st = cheapest).8th of 10
  • Sales growth−1.5% against a typical −0.6% from a year earlier.6th of 10
  • Share price, 3 months−6.1% against a typical −10%.2nd of 9

Board meetings

Results dates and other board meetings. Full calendar

Details
29 May 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended March 31, 2026 and other business matters
17 Apr 2026Other business mattersTo consider other business matters
25 Mar 2026Other business mattersTo consider other business matters
5 Mar 2026Other business mattersTo consider other business matters
11 Feb 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended December 31, 2025 and other business matters
11 Nov 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended September 30, 2025 and other business matters

Share price

1Y change −25.7%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales117121167887798
Expenses1181110769887108
Operating Profit−1−211−11−1−0−1−0−10
OPM %−6.3%−24.9%5.4%4.9%−13.7%15.5%−11.2%−0.3%−11.4%−2.7%−13%1.4%
Other Income11111−0111151
Interest100001001000
Depreciation111110111111
Profit before tax−1−210−0−0−1−0−1−12−0
Tax %−10.7%−2.2%11.2%137.5%3%83.3%9.7%12.5%1.4%−4.2%25.1%12.9%
Net Profit−1−21−0−0−00−0−0−01−1
EPS in Rs−0.86−2.41.62−0.03−0.38−0.360.02−0.2−0.49−0.551.67−0.89

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
−13%
3 Years
−13%
TTM
7%
Compounded Profit Growth
10 Years
—
5 Years
—
3 Years
15%
TTM
−193%
Stock Price CAGR
10 Years
−3%
5 Years
−9%
3 Years
−6%
TTM
—
Return on Equity
10 Years
—
5 Years
−2%
3 Years
−1%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
45.77%
+1.58 pts in a year
FIIs
0%
0 pts in a year
DIIs
0.59%
+0.59 pts in a year
Public
53.65%
−2.17 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 51.4xEPS (12 months) ₹ 0.85Median P/E 10.9x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Madhav Marbles & Granites Ltd₹ 31.75—51.4x—−1%—
UltraTech Cement₹ 11,066.00₹ 3,26,092 Cr.39.3x4.2x0%0%
Grasim Industries₹ 2,898.00₹ 1,95,975 Cr.34.9x2.2x0%0%
Ambuja Cements₹ 358.00₹ 88,956 Cr.19.6x1.6x0%0%
Shree Cement₹ 22,760.00₹ 82,120 Cr.47x3.5x0%0%
Dalmia Bharat₹ 1,591.65₹ 29,801 Cr.28.3x1.8x0%0%

Management

Riddhima Doshi
President, Additional Whole Time Director
Madhav Doshi
Chief Executive Officer, Managing Director
S. Panneerselvam
Chief Financial Officer
Priyanka Manawat
Compliance Officer, Company Secretary

Prices are delayed and for information only. Nothing on this page is investment advice.