Madhav Marbles and Granites Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Trading below book value (P/B 0.3x)
- Virtually debt-free
- Near 52-week low — potential value zone (₹29)
Concerns
- Currently loss-making (EPS ₹-2.1)
- Negative return on equity (ROE -1.4%)
- Negative return on capital (ROCE -0.7%)
- Premium to sector peers (P/E 78.8x vs industry 42.5x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| TITAN Titan Company Limited | ₹4,338 | ₹3.8L Cr | 65.4 | 24.51 | 37.7 | 20.5 | 0.97 |
| ASIANPAINT Asian Paints Limited | ₹2,285 | ₹2.2L Cr | 45.4 | 10.24 | 21.8 | 26.3 | 0.18 |
| LGEINDIA LG Electronics India Limited | ₹— | ₹1.0L Cr | 62.26 | 15.23 | 24.72 | — | 0.06 |
| DIXON Dixon Technologies (India) Limited | ₹11,400 | ₹68K Cr | 36.5 | 14.82 | 18.9 | 29.2 | 0.34 |
| HAVELLS Havells India Limited | ₹1,025 | ₹65K Cr | 38.1 | 6.57 | 19 | 24.9 | 0.02 |
| BERGEPAINT Berger Paints (I) Limited | ₹— | ₹54K Cr | 44.3 | — | 17.3 | 21.6 | 0.11 |
| KALYANKJIL Kalyan Jewellers India Limited | ₹510 | ₹53K Cr | 36.1 | 8.35 | 24.8 | 21.2 | 1 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
MADHAV · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 42.66% | 43.48% | 43.50% | 43.50% | 43.50% | 43.89% |
| FII | 0.01% | — | — | — | — | — |
| Public | 57.32% | 56.52% | 56.49% | 56.50% | 56.49% | 56.11% |
Corporate Events
Annual General Meeting
Annual General Meeting
Latest News
All newsMadhav Marbles publishes mandatory newspaper notice
*Madhav Marbles publishes mandatory newspaper notice.* This is a routine compliance filing with no financial or operational update. The company has not disclosed any **material event** requiring investor attention. Such filings are standard under NSE listing norms. 📊 *STOCKS:* $MADHAVMAR | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CorporateFiling
Madhav Marbles files regulatory disclosure with SEBI
*Madhav Marbles files disclosure under SEBI regulations.* This is a routine update under Regulation 30 and 36(1)(b) of the SEBI Listing Obligations. No financial or operational impact is indicated. The filing is part of mandatory compliance requirements. 📊 *STOCKS:* $MADHAV | 🏢 *SECTOR:* Regulation | #LOWIMPACT #Regulatory
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹6.6 Cr 3.5% | ₹6.84 Cr 14.8% | ₹8.03 Cr 4.7% | ₹7.67 Cr 12.0% | ₹6.85 Cr 15.5% | ₹5.93 Cr 44.1% | ₹10.6 Cr 8.5% | ₹11.59 Cr |
| Op. Profit | ₹-0.18 Cr 76.9% | ₹-0.78 Cr 3800.0% | ₹-0.02 Cr 97.7% | ₹-0.86 Cr 181.1% | ₹1.06 Cr 230.9% | ₹-0.81 Cr 255.8% | ₹0.52 Cr 17.5% | ₹0.63 Cr |
| OPM | -2.7% 76.1% | -11.4% 4460.0% | -0.3% 97.8% | -11.2% 172.5% | 15.5% 213.3% | -13.7% 378.2% | 4.9% 9.7% | 5.4% |
| Net Profit | ₹-0.49 Cr 11.4% | ₹-0.44 Cr 144.4% | ₹-0.18 Cr 1000.0% | ₹0.02 Cr 106.3% | ₹-0.32 Cr 5.9% | ₹-0.34 Cr 1033.3% | ₹-0.03 Cr 102.1% | ₹1.45 Cr |
| EPS (₹) | -0.55 12.2% | -0.49 145.0% | -0.2 1100.0% | 0.02 105.6% | -0.36 5.3% | -0.38 1166.7% | -0.03 101.9% | 1.62 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | ₹31.06 Cr 22.2% | ₹39.9 Cr 15.5% | ₹47.23 Cr 11.5% | ₹53.36 Cr 14.0% | ₹62.02 Cr 2.8% | ₹60.31 Cr 21.6% | ₹76.96 Cr |
| Expenses | ₹31.09 Cr 23.9% | ₹40.83 Cr 12.5% | ₹46.66 Cr 9.0% | ₹51.27 Cr 13.2% | ₹59.05 Cr 1.9% | ₹57.93 Cr 17.0% | ₹69.78 Cr |
| Op. Profit | ₹-0.03 Cr 96.8% | ₹-0.93 Cr 263.2% | ₹0.57 Cr 72.7% | ₹2.09 Cr 29.6% | ₹2.97 Cr 24.8% | ₹2.38 Cr 66.9% | ₹7.18 Cr |
| OPM | -0.1% 95.7% | -2.3% 292.6% | 1.2% 69.1% | 3.9% 18.2% | 4.8% 21.3% | 4.0% 57.7% | 9.3% |
| Other Income | ₹2.91 Cr 20.9% | ₹3.68 Cr 10.7% | ₹4.12 Cr 0.7% | ₹4.15 Cr 22.1% | ₹3.4 Cr 49.4% | ₹6.72 Cr 37.4% | ₹4.89 Cr |
| Interest | ₹1.46 Cr 17.5% | ₹1.77 Cr 80.6% | ₹0.98 Cr 16.7% | ₹0.84 Cr 4.5% | ₹0.88 Cr 29.6% | ₹1.25 Cr 3.8% | ₹1.3 Cr |
| Depreciation | ₹2.56 Cr 8.2% | ₹2.79 Cr 40.9% | ₹4.72 Cr 2.9% | ₹4.86 Cr 5.2% | ₹4.62 Cr 5.5% | ₹4.89 Cr 2.7% | ₹4.76 Cr |
| PBT | ₹-1.14 Cr 37.0% | ₹-1.81 Cr 79.2% | ₹-1.01 Cr 287.0% | ₹0.54 Cr 37.9% | ₹0.87 Cr 70.6% | ₹2.96 Cr 50.7% | ₹6.01 Cr |
| Tax % | 29.8% 440.2% | 5.5% 119.2% | -28.7% 293.9% | 14.8% 48.5% | 28.7% 10.4% | 32.1% 37.8% | 23.3% |
| Net Profit | ₹-1.48 Cr 35.9% | ₹-2.31 Cr 39.8% | ₹-3.84 Cr 24.9% | ₹-5.11 Cr 1088.4% | ₹-0.43 Cr 121.5% | ₹2 Cr 56.6% | ₹4.61 Cr |
| EPS (₹) | -0.76 53.1% | -1.62 62.2% | -4.29 24.9% | -5.71 1089.6% | -0.48 121.4% | 2.24 56.5% | 5.15 |
| Div Payout | 0.0% | 0.0% | 0.0% 100.0% | -4.4% 95.8% | -104.1% | 0.0% 100.0% | 4.8% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||
| Equity Capital | ₹8.95 Cr 0.0% | ₹8.95 Cr 0.0% | ₹8.95 Cr 0.0% | ₹8.95 Cr 0.0% | ₹8.95 Cr 0.0% | ₹8.95 Cr 0.0% | ₹8.95 Cr 0.0% | ₹8.95 Cr |
| Reserves | ₹114.75 Cr 0.5% | ₹115.37 Cr 0.6% | ₹116.02 Cr 1.2% | ₹117.47 Cr 1.9% | ₹119.71 Cr 2.3% | ₹122.48 Cr 0.9% | ₹121.43 Cr 1.5% | ₹119.61 Cr |
| Borrowings | ₹10.3 Cr 12.1% | ₹11.72 Cr 22.2% | ₹15.07 Cr 56.8% | ₹9.61 Cr 15.9% | ₹8.29 Cr 27.0% | ₹11.36 Cr 49.6% | ₹22.56 Cr 18.2% | ₹19.09 Cr |
| Other Liabilities | ₹4.64 Cr 52.6% | ₹3.04 Cr 24.1% | ₹2.45 Cr 54.6% | ₹5.4 Cr 26.8% | ₹7.38 Cr 28.2% | ₹10.28 Cr 33.8% | ₹15.54 Cr 10.3% | ₹17.32 Cr |
| Total Liabilities | ₹138.64 Cr 0.3% | ₹139.08 Cr 2.4% | ₹142.49 Cr 0.7% | ₹141.43 Cr 2.0% | ₹144.33 Cr 5.7% | ₹153.07 Cr 9.1% | ₹168.48 Cr 2.1% | ₹164.97 Cr |
Assets | ||||||||
| Fixed Assets | ₹24.02 Cr 4.9% | ₹25.27 Cr 8.4% | ₹27.58 Cr 9.0% | ₹30.3 Cr 0.2% | ₹30.25 Cr 9.8% | ₹33.53 Cr 11.6% | ₹37.91 Cr 10.5% | ₹42.38 Cr |
| CWIP | ₹2.83 Cr 0.4% | ₹2.82 Cr 0.0% | ₹2.82 Cr 0.0% | ₹2.82 Cr 3.8% | ₹2.93 Cr 7.3% | ₹3.16 Cr 46.8% | ₹5.94 Cr 582.8% | ₹0.87 Cr |
| Investments | ₹0.13 Cr 0.0% | ₹0.13 Cr 35.0% | ₹0.2 Cr 61.5% | ₹0.52 Cr 85.2% | ₹3.52 Cr 61.3% | ₹9.1 Cr 15.9% | ₹10.82 Cr 383.0% | ₹2.24 Cr |
| Other Assets | ₹111.66 Cr 0.7% | ₹110.86 Cr 0.9% | ₹111.89 Cr 3.8% | ₹107.79 Cr 0.1% | ₹107.63 Cr 0.3% | ₹107.28 Cr 5.7% | ₹113.81 Cr 4.7% | ₹119.48 Cr |
| Total Assets | ₹138.64 Cr 0.3% | ₹139.08 Cr 2.4% | ₹142.49 Cr 0.7% | ₹141.43 Cr 2.0% | ₹144.33 Cr 5.7% | ₹153.07 Cr 9.1% | ₹168.48 Cr 2.1% | ₹164.97 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|
| Operating CF | ₹2.02 Cr 136.4% | ₹-5.55 Cr 123.9% | ₹23.22 Cr 10.2% | ₹21.07 Cr 163.4% | ₹8 Cr 160.8% | ₹-13.15 Cr 265.3% | ₹-3.6 Cr |
| Investing CF | ₹3.06 Cr 72.9% | ₹1.77 Cr 136.5% | ₹-4.85 Cr 6.4% | ₹-5.18 Cr 165.8% | ₹7.87 Cr 345.9% | ₹-3.2 Cr 236.8% | ₹2.34 Cr |
| Financing CF | ₹-4.81 Cr 230.0% | ₹3.7 Cr 119.9% | ₹-18.55 Cr 1.9% | ₹-18.9 Cr 43.2% | ₹-13.2 Cr 184.3% | ₹15.65 Cr 979.3% | ₹1.45 Cr |
| Net Cash Flow | ₹0.27 Cr 400.0% | ₹-0.09 Cr 50.0% | ₹-0.18 Cr 94.0% | ₹-3.01 Cr 212.7% | ₹2.67 Cr 476.1% | ₹-0.71 Cr 455.0% | ₹0.2 Cr |
| Free Cash Flow | ₹1.98 Cr 137.0% | ₹-5.35 Cr 128.2% | ₹18.97 Cr 3.9% | ₹19.75 Cr 86.7% | ₹10.58 Cr 157.3% | ₹-18.45 Cr 126.9% | ₹-8.13 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 128d 5.3% | 135d 30.0% | 104d 9.3% | 95d 15.9% | 113d 11.7% | 128d 1.2% | 127d |
| Inventory Days | 750d 47.0% | 510d 0.9% | 505d 9.7% | 461d 57.7% | 292d 9.9% | 324d 16.4% | 279d |
| Days Payable | 103d 72.0% | 60d 28.7% | 84d 22.6% | 68d 3.9% | 66d 15.5% | 78d 6.2% | 83d |
| Cash Conv. Cycle | 775d 32.4% | 586d 11.4% | 526d 7.8% | 488d 43.6% | 340d 9.4% | 375d 16.2% | 322d |
| Working Capital Days | 454d 16.9% | 388d 15.5% | 336d 16.3% | 289d 9.3% | 264d 26.0% | 357d 58.7% | 225d |
| ROCE | 0.1% 148.0% | -0.3% 600.0% | 0.1% 93.6% | 0.8% 34.5% | 1.2% 57.5% | 2.8% | — |
Source: Screener.in · Lower days = better efficiency