Elegant Marbles and Grani Industries Ltd
Incorporated in 1984, Elegant Marble and Grani Industries is engaged in manufacturing & trading of marble, granites & other stones tiles & slabs.[1]
- Market Cap ₹ 57.2 Cr.
- Current Price ₹ 193
- High / Low ₹ 265 / 133
- Stock P/E 16.2
- Book Value ₹ 420
- Dividend Yield 0.52 %
- ROCE 3.69 %
- ROE 2.62 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.44 times its book value
- Company is expected to give good quarter
- Market value of investments Rs.95.0 Cr. is more than the Market Cap Rs.55.1 Cr.
Cons
- Company has a low return on equity of 3.18% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Granites & Marbles
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 26.60 | 30.26 | 28.47 | 24.04 | 19.66 | 10.28 | 9.26 | 27.82 | 35.65 | 33.99 | 28.53 | 34.34 | |
| 25.77 | 29.13 | 26.95 | 23.11 | 18.53 | 11.58 | 12.60 | 26.33 | 31.67 | 29.48 | 24.03 | 29.70 | |
| Operating Profit | 0.83 | 1.13 | 1.52 | 0.93 | 1.13 | -1.30 | -3.34 | 1.49 | 3.98 | 4.51 | 4.50 | 4.64 |
| OPM % | 3.12% | 3.73% | 5.34% | 3.87% | 5.75% | -12.65% | -36.07% | 5.36% | 11.16% | 13.27% | 15.77% | 13.51% |
| 5.56 | 7.02 | 6.36 | 4.48 | 3.05 | 2.93 | 2.69 | 1.84 | 0.54 | 1.45 | 2.34 | 1.36 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.21 | 0.20 | 0.19 | 0.17 | 0.28 | 0.13 | 0.13 | 0.20 | 0.30 | 0.50 | 1.03 | 1.29 |
| Profit before tax | 6.18 | 7.95 | 7.69 | 5.24 | 3.90 | 1.50 | -0.78 | 3.13 | 4.22 | 5.46 | 5.81 | 4.71 |
| Tax % | 13.75% | 18.24% | 22.63% | 16.60% | 16.15% | 1.33% | 0.00% | 14.06% | 27.96% | 25.64% | 19.10% | 29.09% |
| 5.32 | 6.49 | 5.95 | 4.37 | 3.27 | 1.47 | -0.79 | 2.69 | 3.04 | 4.05 | 4.70 | 3.35 | |
| EPS in Rs | 11.82 | 14.42 | 13.22 | 11.94 | 8.93 | 4.02 | -2.16 | 7.35 | 10.26 | 13.67 | 15.86 | 11.31 |
| Dividend Payout % | 16.92% | 13.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 37.42% | 39.73% | 20.10% | 6.30% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 30% |
| 3 Years: | -1% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 34% |
| 3 Years: | -6% |
| TTM: | -12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 4% |
| 3 Years: | 0% |
| 1 Year: | -26% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 3% |
| 3 Years: | 3% |
| Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.50 | 4.50 | 4.50 | 3.66 | 3.66 | 3.66 | 3.66 | 3.66 | 3.66 | 2.96 | 2.96 | 2.96 |
| Reserves | 53.37 | 58.77 | 85.44 | 83.69 | 86.98 | 66.05 | 87.76 | 101.84 | 102.30 | 126.47 | 142.28 | 121.37 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 11.33 | 11.14 | 12.00 | 11.79 | 3.72 | 2.11 | 2.66 | 3.16 | 7.40 | 5.27 | 5.80 | 6.39 | |
| Total Liabilities | 69.20 | 74.41 | 101.94 | 99.14 | 94.36 | 71.82 | 94.08 | 108.66 | 113.36 | 134.70 | 151.04 | 130.72 |
| 0.74 | 1.08 | 0.96 | 0.84 | 1.03 | 0.92 | 0.85 | 2.14 | 1.95 | 4.84 | 9.20 | 8.17 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 50.05 | 58.86 | 84.55 | 78.18 | 72.42 | 50.26 | 68.09 | 76.90 | 83.99 | 98.49 | 101.62 | 77.67 |
| 18.41 | 14.47 | 16.43 | 20.12 | 20.91 | 20.64 | 25.14 | 29.62 | 27.42 | 31.37 | 40.22 | 44.88 | |
| Total Assets | 69.20 | 74.41 | 101.94 | 99.14 | 94.36 | 71.82 | 94.08 | 108.66 | 113.36 | 134.70 | 151.04 | 130.72 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.46 | 4.08 | -1.63 | -4.51 | -8.84 | -1.74 | -7.09 | -2.75 | 4.99 | -6.05 | -4.58 | -0.91 | |
| -1.42 | -2.75 | 1.36 | 22.04 | 8.27 | 2.55 | 7.85 | 4.35 | -5.93 | 41.80 | 8.87 | 0.77 | |
| -1.05 | -1.08 | 0.00 | -17.22 | 0.00 | 0.00 | 0.00 | 0.00 | -1.01 | -34.14 | -0.81 | -0.30 | |
| Net Cash Flow | -0.01 | 0.25 | -0.27 | 0.31 | -0.56 | 0.81 | 0.76 | 1.60 | -1.94 | 1.60 | 3.48 | -0.43 |
| Free Cash Flow | 2.59 | 3.54 | -1.70 | -4.55 | -9.32 | -1.76 | -7.16 | -4.23 | 4.88 | -9.43 | -9.97 | -1.17 |
| CFO/OP | 430% | 579% | 7% | -252% | -660% | 101% | 208% | -69% | 162% | -15% | 11% | 26% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 24.01 | 16.04 | 16.28 | 19.13 | 25.81 | 24.14 | 50.06 | 45.92 | 41.06 | 14.82 | 20.47 | 25.93 |
| Inventory Days | 209.56 | 148.75 | 177.74 | 307.36 | 493.80 | 865.21 | 881.38 | 303.20 | 289.00 | 467.90 | 903.59 | 754.60 |
| Days Payable | 137.40 | 133.19 | 167.73 | 172.49 | 29.72 | 9.70 | 1.05 | 2.79 | 2.58 | 14.51 | 38.34 | 0.45 |
| Cash Conversion Cycle | 96.18 | 31.61 | 26.29 | 153.99 | 489.89 | 879.65 | 930.38 | 346.33 | 327.47 | 468.22 | 885.72 | 780.09 |
| Working Capital Days | 70.94 | 8.44 | 25.64 | 84.27 | 283.13 | 545.37 | 748.92 | 274.73 | 186.85 | 245.59 | 357.32 | 341.08 |
| ROCE % | 7.76% | 8.22% | 10.04% | 5.91% | 3.54% | 1.22% | -1.85% | 3.20% | 5.50% | 5.53% | 3.62% | 3.69% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Installed Production Capacity Million Sq. Ft. per annum |
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| Trade Receivable Turnover Ratio Ratio |
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Extracted by Screener AI
Documents
Announcements
- Weblink From Where The Annual Report Of The Company Can Be Accessed. 9h
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Notice Of The Forty-First Annual General Meeting For The Financial Year 2025-26 To Be Held On Friday, July 17, 2026 At The Registered Office Of The Company.
9h - Integrated Annual Report FY2025-26 and 41st AGM notice issued; AGM on July 17, 2026.
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Reg. 34 (1) Annual Report.
9h - FY 2025-26 annual report, AGM on July 17, 2026, and reappointment of Rajesh and Rakesh Agrawal.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Annual Secretarial Compliance Report for FY2025-26 shows full compliance; prior FY2024-25 SOP penalty of Rs.42,480 noted.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
22 May - Submission of Newspaper clipping of QR code of audited financial results for the quarter and financial year end as on march 2026 as per Regulation …
Annual reports
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Financial Year 2026
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Product Profile:
A) Stones:[1]
Company has an online collection of 800+ natural stone materials viz.,
Artico, Confusion Dark, Galactico Onyx, Breccia Oniciata, Lilac Super Extra, Scabas, Van Gogh, Armani, etc. classified as:
a) Italian & Exotic Marble[2]
b) Precious Gemstones[3]
c) Onyx and Crystal Onyx[4]
d) Travertine[5]
e) Granite[6]
B) Surfaces:[7]
Company has a selection of designer tiles and engineered surfaces for decorative interiors and exterior applications viz.,
a) Designer Tiles[8]
b) Glass 2[9]
c) Natural Stone Mosaic[10]
d) Terrazzo Engineered Marble[11]
e) Quartz Surfaces[12]
f) Di Lusso - Handcrafted Surfaces[13]