Madhav Marbles and Granites Ltd
MADHAV NSE
Madhav Marbles and Granites Ltd
Consumer GoodsNSE: MADHAV BSE: 515093 Granites & Marbles
Key Fundamentals
MicrocapGranites & MarblesConsumer GoodsMarket Cap
₹32.43 Cr
Volatility
Moderate
P/E Ratio
-135.2
EBITDA
₹-2.17 Cr
Return on Equity
-1.25%
Debt to Equity
0.06
Book Value
₹138.29
EPS
₹0
52W High
₹49.95
52W Low
₹29
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Madhav Marbles and Granites Ltd insights
29 extracted metrics + investor summaries across FY19–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
3- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.25 times its book value
Weaknesses
7- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -13.1% over past five years.
- Company has a low return on equity of -1.10% over last 3 years.
- Contingent liabilities of Rs.40.7 Cr.
- Earnings include an other income of Rs.7.03 Cr.
- Company has high debtors of 170 days.
- Company's cost of borrowing seems high
Growth Rate
Revenue Growth
-9.68% ↗
Net Income Growth
-82.00% ↗
Cash Flow Change
136.40% ↗
ROE
-21.38% ↗
ROCE
-933.33% ↘
EBITDA Margin (Avg.)
-167.77% ↘
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 11.14 | 10.66 | 6.5 | 11.59 | 10.6 | 5.93 | 6.85 | 7.67 | 8.03 | 6.84 | 6.6 | 9.24 | 7.91 |
| Expenses | 10.41 | 11.33 | 8.12 | 10.96 | 10.08 | 6.74 | 5.79 | 8.53 | 8.05 | 7.62 | 6.78 | 10.44 | 7.8 |
| Operating Profit | 0.73 | -0.67 | -1.62 | 0.63 | 0.52 | -0.81 | 1.06 | -0.86 | -0.02 | -0.78 | -0.18 | -1.2 | 0.11 |
| OPM % | 6.55% | -6.29% | -24.92% | 5.44% | 4.91% | -13.66% | 15.47% | -11.21% | -0.25% | -11.4% | -2.73% | -12.99% | 1.39% |
| Other Income | 0.58 | 0.89 | 0.83 | 1.38 | 0.57 | 1.21 | -0.03 | 1.21 | 0.77 | 1.28 | 0.59 | 4.62 | 0.54 |
| Interest | 0.29 | 0.7 | 0.41 | 0.38 | 0.24 | 0.23 | 0.74 | 0.25 | 0.35 | 0.59 | 0.3 | 0.22 | 0.27 |
| Depreciation | 0.76 | 0.64 | 0.64 | 0.74 | 0.77 | 0.5 | 0.47 | 0.82 | 0.72 | 0.62 | 0.83 | 0.73 | 0.69 |
| PBT | 0.26 | -1.12 | -1.84 | 0.89 | 0.08 | -0.33 | -0.18 | -0.72 | -0.32 | -0.71 | -0.72 | 2.47 | -0.31 |
| Tax % | 61.54% | -10.71% | -2.17% | 11.24% | 137.5% | 3.03% | 83.33% | 9.72% | 12.5% | 1.41% | -4.17% | 25.1% | 12.9% |
| Net Profit | 0.02 | -0.77 | -2.15 | 1.45 | -0.03 | -0.34 | -0.32 | 0.02 | -0.18 | -0.44 | -0.49 | 1.49 | -0.8 |
| EPS in Rs | 0.02 | -0.86 | -2.4 | 1.62 | -0.03 | -0.38 | -0.36 | 0.02 | -0.2 | -0.49 | -0.55 | 1.67 | -0.89 |
Profit & Loss
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 76.96 | 60.31 | 62.02 | 53.36 | 47.23 | 39.9 | 31.06 | 30.71 | 30.59 |
| Expenses | 69.78 | 57.93 | 59.05 | 51.27 | 46.66 | 40.83 | 31.09 | 32.88 | 32.64 |
| Operating Profit | 7.18 | 2.38 | 2.97 | 2.09 | 0.57 | -0.93 | -0.03 | -2.17 | -2.05 |
| OPM % | 9.33% | 3.95% | 4.79% | 3.92% | 1.21% | -2.33% | -0.1% | -7.07% | -6.7% |
| Other Income | 4.89 | 6.72 | 3.4 | 4.15 | 4.12 | 3.68 | 2.91 | 7.25 | 7.03 |
| Interest | 1.3 | 1.25 | 0.88 | 0.84 | 0.98 | 1.77 | 1.46 | 1.46 | 1.38 |
| Depreciation | 4.76 | 4.89 | 4.62 | 4.86 | 4.72 | 2.79 | 2.56 | 2.89 | 2.87 |
| PBT | 6.01 | 2.96 | 0.87 | 0.54 | -1.01 | -1.81 | -1.14 | 0.73 | 0.73 |
| Tax % | 23.29% | 32.09% | 28.74% | 14.81% | -28.71% | 5.52% | 29.82% | 87.67% | — |
| Net Profit | 4.61 | 2 | -0.43 | -5.11 | -3.84 | -2.31 | -1.48 | 0.39 | -0.24 |
| EPS in Rs | 5.15 | 2.24 | -0.48 | -5.71 | -4.29 | -1.62 | -0.76 | 0.44 | -0.26 |
| Div. Payout % | 4.85% | 0% | -104.07% | -4.38% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8.95 | 8.95 | 8.95 | 8.95 | 8.95 | 8.95 | 8.95 | 8.95 |
| Reserves | 120 | 121 | 122 | 120 | 117 | 116 | 115 | 115 |
| Borrowings | 19.09 | 22.56 | 11.36 | 8.29 | 9.61 | 15.07 | 11.72 | 7.95 |
| Other Liabilities | 17.32 | 15.54 | 10.28 | 7.38 | 5.4 | 2.45 | 3.04 | 5.45 |
| Total Liabilities | 165 | 168 | 153 | 144 | 141 | 142 | 139 | 137 |
| Fixed Assets | 42.38 | 37.91 | 33.53 | 30.25 | 30.3 | 27.58 | 25.27 | 21.91 |
| CWIP | 0.87 | 5.94 | 3.16 | 2.93 | 2.82 | 2.82 | 2.82 | 2.78 |
| Investments | 2.24 | 10.82 | 9.1 | 3.52 | 0.52 | 0.2 | 0.13 | 4.09 |
| Other Assets | 119 | 114 | 107 | 108 | 108 | 112 | 111 | 108 |
| Total Assets | 165 | 168 | 153 | 144 | 141 | 142 | 139 | 137 |
Cash Flow
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating | -3.6 | -13.15 | 8 | 21.07 | 23.22 | -5.55 | 2.02 | 5.19 |
| Investing | 2.34 | -3.2 | 7.87 | -5.18 | -4.85 | 1.77 | 3.06 | 1.07 |
| Financing | 1.45 | 15.65 | -13.2 | -18.9 | -18.55 | 3.7 | -4.81 | -5.22 |
| Net Cash Flow | 0.2 | -0.71 | 2.67 | -3.01 | -0.18 | -0.09 | 0.27 | 1.04 |
| Free Cash Flow | -8.13 | -18.45 | 10.58 | 19.75 | 18.97 | -5.35 | 1.98 | 8.81 |
| CFO/OP | -38 | -487 | 300 | 1,048 | 4,121 | 574 | -7,233 | -258 |
Ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 127 | 128 | 113 | 95.35 | 104 | 135 | 128 | 170 |
| Inventory Days | 279 | 324 | 292 | 461 | 505 | 510 | 750 | 826 |
| Days Payable | 83.02 | 77.85 | 65.78 | 68.34 | 83.81 | 59.73 | 103 | 141 |
| Cash Conversion Cycle | 322 | 375 | 340 | 488 | 526 | 586 | 775 | 855 |
| Working Capital Days | 225 | 357 | 264 | 288 | 336 | 388 | 454 | 526 |
| ROCE % | — | 2.8% | 1.19% | 0.78% | 0.05% | -0.25% | 0.12% | -0.73% |
Documents
1
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - Company confirms it is not a Large Corporate; initial and annual debt disclosures not applicable. 30 Apr - Company confirms it is not a Large Corporate; initial and annual debt disclosures not applicable.
2
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - Company confirms it is not a Large Corporate; initial and annual debt disclosures not applicable. 30 Apr - Company confirms it is not a Large Corporate; initial and annual debt disclosures not applicable.
3
Board Meeting Outcome for OUTCOME OF BOARD MEETING
17 Apr - Board approved shifting registered office within Mumal Towers; subsidiary loan decision deferred. 17 Apr - Board approved shifting registered office within Mumal Towers; subsidiary loan decision deferred.
4
Announcement under Regulation 30 (LODR)-Change in Registered Office Address
17 Apr - Registered office shifted within Udaipur from First Floor to Third Floor, effective May 1, 2026. 17 Apr - Registered office shifted within Udaipur from First Floor to Third Floor, effective May 1, 2026.
5
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Compliance Certificate for quarter ended March 31, 2026 15 Apr - Compliance Certificate for quarter ended March 31, 2026
Frequently Asked Questions about Madhav Marbles and Granites Ltd
What does Madhav Marbles and Granites Ltd do?
Incorporated in 1989, Madhav Marbles and Granites Ltd does manufacturing, processing
trading and export of granite, marble, windmill power generation, and realty business.{#https://www.bseindia.com/xml-data/corpfiling/AttachHis/cc4eec45-c8f6-467c-8c0b-7e498041f808.pdf#page=73/www.bseindia.com/xm...
Where is Madhav Marbles and Granites Ltd (MADHAV) listed?
Madhav Marbles and Granites Ltd is listed on the Indian stock exchanges. It is listed on NSE: MADHAV and BSE: 515093. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Madhav Marbles and Granites Ltd belong to?
Madhav Marbles and Granites Ltd operates in the Consumer Goods sector within the Granites & Marbles industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Madhav Marbles and Granites Ltd?
Madhav Marbles and Granites Ltd has a market capitalisation of approximately ₹32.43 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Madhav Marbles and Granites Ltd?
The Price-to-Earnings (PE) ratio of Madhav Marbles and Granites Ltd is -135.20. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Madhav Marbles and Granites Ltd?
Over the past 52 weeks, Madhav Marbles and Granites Ltd has traded between a low of ₹29 and a high of ₹49.95. This range helps investors understand the stock's price volatility and recent trading levels.
Does Madhav Marbles and Granites Ltd pay dividends?
Yes, Madhav Marbles and Granites Ltd has a dividend yield of 0.69%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Madhav Marbles and Granites Ltd?
Madhav Marbles and Granites Ltd has a Return on Equity (ROE) of -1.25%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Madhav Marbles and Granites Ltd on Tapetide?
On Tapetide, you can view Madhav Marbles and Granites Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1989, Madhav Marbles and Granites Ltd does manufacturing, processing trading and export of granite, marble, windmill power generation, and realty business.{#https://www.bseindia.com/xml-data/corpfiling/AttachHis/cc4eec45-c8f6-467c-8c0b-7e498041f808.pdf#page=73/www.bseindia.com/xml-data/corpfiling/AttachHis/cc4eec45-c8f6-467c-8c0b-7e498041f808.pdf#page=73 #}