Price
Financials
Standalone, Rs crore| 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 | 8.59 | 9.71 | 8.17 | 6.64 | 10.38 | 5.08 | 6.44 | 6.82 | 8.17 | 10.74 | 8.61 | 6.84 |
| Expenses | 6.82 | 8.56 | 8.36 | 5.40 | 7.44 | 4.78 | 6.61 | 5.69 | 6.81 | 9.44 | 7.75 | 6.00 |
| Operating Profit | 1.77 | 1.15 | -0.19 | 1.24 | 2.94 | 0.30 | -0.17 | 1.13 | 1.36 | 1.30 | 0.86 | 0.84 |
| OPM % | 20.61% | 11.84% | -2.33% | 18.67% | 28.32% | 5.91% | -2.64% | 16.57% | 16.65% | 12.10% | 9.99% | 12.28% |
| Other Income | 0.72 | 0.63 | 0.60 | 0.49 | 0.55 | 0.67 | 0.83 | 0.31 | 0.53 | 0.44 | 0.08 | 0.37 |
| 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 | 0.09 | 0.14 | 0.17 | 0.15 | 0.23 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.34 |
| Profit before tax | 2.40 | 1.64 | 0.24 | 1.58 | 3.26 | 0.65 | 0.34 | 1.12 | 1.57 | 1.42 | 0.62 | 0.87 |
| Tax % | 21.25% | 25.00% | 12.50% | 24.68% | 21.47% | 10.77% | -20.59% | 25.00% | 22.93% | 21.13% | 69.35% | 22.99% |
| Net Profit | 1.90 | 1.24 | 0.21 | 1.18 | 2.55 | 0.57 | 0.40 | 0.84 | 1.21 | 1.11 | 0.19 | 0.66 |
| EPS in Rs | 6.41 | 4.18 | 0.71 | 3.98 | 8.61 | 1.92 | 1.35 | 2.83 | 4.08 | 3.75 | 0.64 | 2.23 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 30.26 | 28.47 | 24.04 | 19.66 | 10.28 | 9.26 | 27.82 | 35.65 | 33.99 | 28.53 | 34.32 | 34.36 |
| Expenses | 29.13 | 26.95 | 23.11 | 18.53 | 11.58 | 12.60 | 26.33 | 31.67 | 29.48 | 24.03 | 29.53 | 30.00 |
| Operating Profit | 1.13 | 1.52 | 0.93 | 1.13 | -1.30 | -3.34 | 1.49 | 3.98 | 4.51 | 4.50 | 4.79 | 4.36 |
| OPM % | 3.73% | 5.34% | 3.87% | 5.75% | -12.65% | -36.07% | 5.36% | 11.16% | 13.27% | 15.77% | 13.96% | 12.69% |
| Other Income | 7.02 | 6.36 | 4.48 | 3.05 | 2.93 | 2.69 | 1.84 | 0.54 | 1.45 | 2.34 | 1.21 | 1.42 |
| 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 | 0.20 | 0.19 | 0.17 | 0.28 | 0.13 | 0.13 | 0.20 | 0.30 | 0.50 | 1.03 | 1.29 | 1.30 |
| Profit before tax | 7.95 | 7.69 | 5.24 | 3.90 | 1.50 | -0.78 | 3.13 | 4.22 | 5.46 | 5.81 | 4.71 | 4.48 |
| Tax % | 18.24% | 22.63% | 16.60% | 16.15% | 1.33% | 0.00% | 14.06% | 27.96% | 25.64% | 19.10% | 29.09% | |
| Net Profit | 6.49 | 5.95 | 4.37 | 3.27 | 1.47 | -0.79 | 2.69 | 3.04 | 4.05 | 4.70 | 3.35 | 3.17 |
| EPS in Rs | 14.42 | 13.22 | 11.94 | 8.93 | 4.02 | -2.16 | 7.35 | 10.26 | 13.67 | 15.86 | 11.31 | 10.70 |
| Dividend Payout % | 13.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 37.42% | 39.73% | 20.10% | 6.30% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 1% | 30% | -1% | 20% | ||
| Compounded Profit Growth | -1% | 35% | -5% | -33% | ||
| Stock Price CAGR | 5% | 11% | -3% | -28% | ||
| Return on Equity | 3% | 3% | 3% | 3% |
| 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 |
| Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 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 |
| Fixed Assets | 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 |
| Other Assets | 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 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 2.46 | 4.08 | -1.63 | -4.51 | -8.84 | -1.74 | -7.09 | -2.75 | 4.99 | -6.05 | -4.58 | -0.91 |
| Cash from Investing Activity | -1.42 | -2.75 | 1.36 | 22.04 | 8.27 | 2.55 | 7.85 | 4.35 | -5.93 | 41.80 | 8.87 | 0.77 |
| Cash from Financing Activity | -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% | 25% |
| 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 | 25.95 |
| 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 | 780.10 |
| 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 | 341.28 |
| ROCE % | 7.76% | 8.22% | 10.04% | 5.91% | 3.54% | 1.22% | -1.85% | 3.20% | 5.50% | 5.53% | 3.62% | 3.77% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 71.71% | 71.71% | 71.36% | 71.36% | 71.36% | 71.36% | 71.36% | 71.36% | 71.36% | 71.36% | 71.36% | 71.36% |
| Public | 28.30% | 28.29% | 28.63% | 28.63% | 28.63% | 28.64% | 28.63% | 28.64% | 28.63% | 28.64% | 28.64% | 28.64% |
| No. of Shareholders | 1,193 | 3,407 | 2,514 | 2,439 | 2,392 | 2,371 | 2,354 | 2,311 | 2,316 | 2,248 | 2,219 | 2,201 |
Fundamentals
Market Cap₹ 51.8 Cr.
Current Price₹ 175
Stock P/E16.7
Book Value₹ 420
ROCE3.77 %
ROE2.69 %
Dividend Yield0.58 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)20%
Compounded Profit Growth (TTM)-33%
Standalone figures.
Valuation
Market capRs 51 Cr
Enterprise valueRs 44 Cr
P/E (TTM)16.08x
Price to book0.41x
Price to sales1.48x
EV / EBITDA7.63x
EV / EBIT9.85x
EV / sales1.28x
Earnings yield6.22%
P/E, 3-year average15.23x
P/B, 3-year average0.46x
P/E, 5-year average14.72x
P/B, 5-year average0.43x
Profitability
Operating margin (excl. other income)13.96%
Operating margin (incl. other income)17.48%
EBITDA margin16.82%
Pre-tax margin13.04%
Net profit margin9.23%
Net margin, latest quarter9.65%
ROE2.49%
ROCE3.49%
ROA2.38%
ROE, 3-year average3.12%
ROCE, 3-year average4.12%
ROA, 3-year average2.98%
ROE, 5-year average2.99%
ROCE, 5-year average3.91%
ROA, 5-year average2.87%
ROIC (approx.)2.70%
Tax rate29.09%
Other income / net worth0.97%
Growth
Sales growth (latest year)20.29%
Profit growth (latest year)-28.72%
Sales CAGR, 3 years-1.26%
Sales CAGR, 5 years29.95%
Profit CAGR, 3 years3.29%
Sales growth QoQ-20.56%
Profit growth QoQ247.37%
Sales growth YoY (latest quarter)0.29%
Profit growth YoY (latest quarter)-21.43%
Per share
EPS (TTM)Rs 10.70
EPS (latest year)Rs 11.31
EPS (latest quarter)Rs 2.23
EPS, 3-year averageRs 13.61
EPS, 5-year averageRs 11.30
Book value per shareRs 419.61
Sales per shareRs 115.96
Cash flow per shareRs -3.07
Free cash flow per shareRs -3.95
Dividend per share, 3-year averageRs 1.87
Dividend per share, 5-year averageRs 2.45
Dividends
Dividend payout, 3-year average13.19%
Dividend payout, 5-year average25.93%
Efficiency
Asset turnover0.26x
Fixed asset turnover4.20x
Inventory turnover0.53x
Inventory days688 days
Debtor days26 days
Debtors turnover14.07x
Creditor days0 days
Cash conversion cycle780 days
Working capital days341 days
Leverage
Cash and bankRs 7 Cr
Net debtRs -7 Cr
Net debt / EBITDA-1.19x
Owners' fund to total sources95.11%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs 1 Cr
Cash from Financing Activity (latest year)Rs -0 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -1 Cr
Cash from ops / profit, 5 years-0.52x
Statement figures
Net sales (TTM)Rs 34 Cr
Net sales (latest year)Rs 34 Cr
Sales (latest quarter)Rs 7 Cr
Operating profit excl. other income (latest year)Rs 5 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 6 Cr
PBDT (TTM)Rs 6 Cr
Profit before tax (TTM)Rs 4 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 3 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Cost of goods sold (latest year)Rs 18 Cr
Total expenditure (latest year)Rs 30 Cr
Total income (latest year)Rs 36 Cr
Share capitalRs 3 Cr
ReservesRs 121 Cr
Shareholders' fundsRs 124 Cr
Total assetsRs 131 Cr
Net blockRs 8 Cr
InvestmentsRs 78 Cr
ReceivablesRs 2 Cr
InventoryRs 33 Cr
Other liabilitiesRs 6 Cr
Shares outstanding (crore)0.30
Ownership
Promoter holding71.36% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 16.1 is at the 64th percentile of its own 8.4-year range
(median 14.4, low 5.0, high 33.5).
P/B 0.41 is at the 36th percentile (median 0.45).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 526705 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -4.9% | -2.8% | -2.2 pts |
| 1 month | +3.4% | -6.8% | +10.2 pts |
| 3 months | -10.3% | -7.6% | -2.7 pts |
| 3 years | -7.9% | +14.2% | -22.1 pts |
| 5 years | +67.7% | +27.9% | +39.8 pts |
Red flags
F-score 4 of 8| explain | Weak cash conversion Cash from operations was -95% of net profit over the last 3 years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹7 Cr +0.3% vs Jun 2025.
Net profit ₹1 Cr -21.4%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Midwest Ltd | 3,164 | 28.5 | 15.8 % |
| Pokarna Ltd | 2,226 | 23.4 | 11.5 % |
| Esprit Stones Ltd | 143 | -0.25 % | |
| Global Surfaces Ltd | 128 | -1.69 % | |
| Pacific Industries Ltd | 91 | 33.0 | 1.09 % |
| Royal Cushion Vinyl Products Ltd | 47 | -0.17 % | |
| Oriental Trimex Ltd | 36 | 14.3 | 3.84 % |
| Aro Granite Industries Ltd | 35 | 0.57 % | |
| Madhav Marbles and Granites Ltd | 32 | -0.73 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Elegant Marbles and Grani Industries Ltd?
Elegant Marbles and Grani Industries Ltd (526705) has a market capitalisation of Rs 51.8 Cr. at the 2026-10-01 close.
What is the P/E ratio of Elegant Marbles and Grani Industries Ltd?
Elegant Marbles and Grani Industries Ltd trades at a P/E of 16.7 on trailing twelve-month profit, at the 2026-10-01 close.
What were Elegant Marbles and Grani Industries Ltd's latest quarterly results?
In the Jun 2026 quarter, Elegant Marbles and Grani Industries Ltd sales was Rs 7 Cr (+0.3% vs Jun 2025) and net profit was Rs 1 Cr.