MADHAV · NSE

Madhav Marbles and Granites Limited

₹34.46

-2.24% (-₹0.79)

Prev. close

₹35.25

Volume

1,060

Delivery %

98.2%

As of

22 Sept 2026

Price history

₹34.46-₹1.01 (-2.85%) · 3M
18 May 202622 Sept 2026
₹38.98₹33.5918 May16 Jun15 Jul19 Aug22 Sept
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

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Analyst opinions

No analyst calls on Madhav Marbles and Granites Limited in the last 90 days.

Fundamentals

About Madhav Marbles and Granites Limited

Madhav Marbles and Granites Limited engages in the processing and exporting of granite, marble, quartz, limestone, and natural stones in India and internationally. It operates in three segments: Granite and Stone, Realty, and Power Generation. The company offers marble slabs and tiles, granite and granite cutter slabs, quartzite and quartz slabs, marble slabs, and calibrated and large format granite tiles, as well as exotic and exclusive stone slabs, including crystalita blue, crystal soulages, fusion, maori, laguna crystal, volupia maestro, and vulkon. It also owns and operates two wind turbine generators located in the state of Tamil Nadu. In addition, the company is involved in the realty business. Further, it trades in marble, granite tiles and slabs, sandstones, and rough blocks. The company exports its products to approximately 40 countries, including Canada, Australia, South Africa, Russia, and the Far East. The company was formerly known as Maadhav Granite and Realty Ltd and changed its name to Madhav Marbles and Granites Limited in February 2007. Madhav Marbles and Granites Limited was incorporated in 1989 and is based in Udaipur, India.

Details

Sector

Industrials

Industry

Building Products & Equipment

CEO

Mr. Madhav Doshi

Headquarters

Udaipur

Employees

133

Key stats

Market cap

₹30.83 Cr

P/E ratio (TTM)

80.6

EPS (TTM)

₹-0.58

Beta (1Y · daily vs NIFTY 50)

0.96

Beta (5Y · monthly vs NIFTY 50)

1.32

Shares float

34.52 L

EPS · quarter ended Jun 2026

₹-0.89

Financial Performance

01 · Financials

0 Cr25 Cr50 Cr75 Cr-40%-20%0%20%FY21FY22FY23FY24FY25FY26
RevenueEBITDARevenue growth YoY

Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.0% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide. Net income is omitted from this chart: coverage begins inside the plotted window, and every plotted period must carry a complete point set — the P&L table below has the available figures.

02 · Earnings Per Share (EPS)

-5-303FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

0001-100%-50%0%50%22 Sept 2123 Sept 22
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based

-40%-20%0%20%40%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

0 Cr50 Cr100 Cr150 Cr200 Cr0.1×0.2×0.3×0.4×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

0 Cr50 Cr100 Cr150 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

-10 Cr0 Cr10 Cr20 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹62.02 Cr₹53.36 Cr₹47.23 Cr₹39.90 Cr₹31.06 Cr₹30.71 Cr
EBITDA₹6.08 Cr₹6.24 Cr₹4.69 Cr₹2.75 Cr₹2.87 Cr₹5.08 Cr
₹62.15 L₹-3.84 Cr₹-2.31 Cr₹-67.97 L₹-35.89 L
Diluted EPS₹0.69₹-2.64₹-4.3₹-2.58₹-1.66₹-0.4

Net income has filed figures for only some of the years shown — the missing years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹153.07 Cr₹144.33 Cr₹141.43 Cr₹142.49 Cr₹139.08 Cr₹137.17 Cr
₹9.61 Cr₹15.07 Cr₹11.72 Cr₹7.96 Cr
Stockholders' equity₹131.43 Cr₹128.66 Cr₹126.42 Cr₹124.97 Cr₹124.32 Cr₹123.77 Cr

Current assets, Non-current assets, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹16.61 Cr₹23.37 Cr₹-5.55 Cr₹2.02 Cr₹5.19 Cr
Investing cash flow₹7.63 Cr₹-5.00 Cr₹1.77 Cr₹3.06 Cr₹1.07 Cr
₹-13.20 Cr₹-18.90 Cr₹-18.55 Cr₹3.70 Cr₹-4.81 Cr₹-5.22 Cr
Capital expenditure₹-4.76 Cr₹-35.48 L₹-26.33 L₹-52.23 L
End cash position₹21.06 L₹12.17 L₹38.87 L₹1.43 Cr

Operating cash flow, Change in working capital, Investing cash flow, Dividends paid, Capital expenditure, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Dec 21Mar 22Jun 22Sep 22(2Q)Dec 22Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Dec 24(3Q)Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Promoter40.98%41.34%42.10%42.22%42.43%42.59%42.77%42.81%42.66%43.47%43.50%43.89%44.19%44.59%45.20%45.54%45.77%
Public59.02%58.66%57.90%57.78%57.57%57.41%57.23%57.19%57.34%56.53%56.50%56.11%55.81%55.41%54.80%54.46%54.23%
Employee trusts0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Industrials

Company
Larsen & Toubro Limited₹5.37 L Cr₹3,866.432.44.9214.7%1.15+11.8%+6.1%
Adani Ports and Special Economic Zone Limited₹4.12 L Cr₹1,79530.54.2813.3%0.66+27.1%+24.3%
Hindustan Aeronautics Limited₹3.23 L Cr₹4,80034.77.8622.2%0.00+5.6%-0.2%
Bharat Electronics Limited₹2.91 L Cr₹397.947.312.1425.3%0.00+15.9%-2.1%
InterGlobe Aviation Limited₹1.91 L Cr₹5,03027.41-34.3%11.15+6.6%-12.5%
ABB India Limited₹1.54 L Cr₹7,120.597.119.6621.3%0.01+8.1%+32.8%
Bharat Heavy Electricals Limited₹1.51 L Cr₹425.862.05.776.1%0.31+18.3%+77.7%
CG Power and Industrial Solutions Limited₹1.43 L Cr₹896.1114.617.9915.1%0.01+25.1%+16.3%
Hitachi Energy India Limited₹1.42 L Cr₹31,415123.427.4419.1%0.02+27.2%+64.6%
Cummins India Limited₹1.41 L Cr₹5,06759.916.6827.9%0.00+16.9%+24.2%
Siemens Limited₹1.38 L Cr₹3,85882.110.4615.9%0.01+16.2%+18.9%
Madhav Marbles and Granites Limited₹30.83 Cr₹34.4680.60.25-0.3%0.06-1.5%-23.8%

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Documents

Annual reports

Show all 27

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

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