Elegant Marbles and Grani Industries Ltd
The short version
A fast-growing, thinly profitable business — priced low for what it earns.
Everything below is worked out from Elegant Marbles and Grani's own filed results and the exchange's data, and written so you do not need to know any finance terms. Where a term matters, we say what it means.
01What does it do?
Elegant Marbles and Grani is a micro-sized company in granites & marbles.
Incorporated in 1984, Elegant Marble and Grani Industries is engaged in manufacturing & trading of marble, granites & other stones tiles & slabs.
- Whole company is worth
- ₹49 crore
- Run by
- RAJESH RAMSWAROOP AGRAWAL
- Shareholders
- 2,201 people
- Listed since
- 1995
A very small company by stock-market value — prices can swing hard and trading can be thin.
02Is it growing?
Sales have grown 30% a year for 5 years.
At that pace a business doubles in size roughly every 3 years.
03Does it make money?
Out of every ₹100 it sells, it keeps ₹9.8 as profit.
Here is where the money from Elegant Marbles and Grani's sales went in FY26, the latest full year it has reported.
- ₹47Making or buying what it sellsraw materials, stock, goods bought for resale
- ₹35Running the businessstaff, rent, marketing, power and everything else
- ₹3.8Wear and tearmachines, stores and buildings losing value over time
- ₹4.0Taxincome tax paid to the government
- ₹9.8Profit it keepswhat is left for the company's owners
On the money its owners have put in
It earns ₹3 a year on every ₹100 its owners have invested.
That figure is called return on equity (ROE). Under ₹12 is a thin return for the risk of owning shares. For comparison, a bank fixed deposit pays roughly ₹6–7.
Does the profit turn into cash?
For every ₹100 of profit it reported, ₹-95 actually came in as cash.
Over the last 3 years: ₹12 crore of profit but only −₹12 crore of cash. A wide gap like this is worth understanding before trusting the profit figure.
04Is the price high or low?
You pay ₹15 for every ₹1 of profit it makes in a year.
This is the P/E ratio: share price divided by a year's profit per share. A P/E of 15 means buyers are paying for about 15 years of today's profit up front.
The share price over the past year
It is 33% below its highest price of the past year and 25% above its lowest.
05Who owns it?
Its founders and parent group own 71 of every 100 shares — they control the company.
If the company were split into 100 equal shares, this is who would hold them. 2,201 people and institutions hold its shares.
As filed for the quarter ending 30 Jun 2026. Arrows show the change since the quarter before, in percentage points.
06What is going well, and what to watch
Two things going well, one thing worth watching.
Picked out of the numbers above by fixed rules — the same rules for every company — so nothing here is somebody's opinion.
Going well
- Sales have compounded at 30% a year.
- Has almost no debt — it is not at the mercy of lenders.
Worth watching
- Thinly traded — only about ₹1 lakh of shares change hands a day, so buying or selling can move the price.
07What happened lately?
Latest quarter: sales up 0%, profit down 21%.
Apr–Jun 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Sales
₹6.8 Cr
▲ 0.3% on a year earlier
Profit
₹0.7 Cr
▼ 21.4% on a year earlier
No notable developments in the last few weeks.
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This page describes Elegant Marbles and Grani using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
Elegant Marbles and Grani Industries Ltd (ELEMARB): company summary
The company's annual revenue rose 20.4% to ₹34 crore, but net profit fell 28.7% to ₹3 crore.
Elegant Marbles and Grani Industries Ltd (ELEMARB) is a micro-cap Consumer Goods company valued at ₹49 crore operating in Granites & Marbles on the NSE and BSE.
- Recent price move
- Elegant Marbles and Grani Industries Ltd last traded at ₹165.6, modestly down 0.12% on the day.
- Financial performance
- The company's annual revenue rose 20.4% to ₹34 crore, but net profit fell 28.7% to ₹3 crore. In the latest quarter, revenue was flat compared to the same quarter a year earlier, while net profit dropped 21.4%.
- Valuation multiples
- The stock trades at 14.6 times earnings, 0.45 times book value. It yields 0.5%.
- Things to watch
- The net profit margin narrowed 6.7 percentage points to 9.8%, and return on equity is low at 2.7%. The stock is 33.3% below its 52-week high, and the company's profit growth has slowed significantly in recent quarters.
- Where it stands
- The company's revenue growth has slowed, with profit declining despite a rise in sales. The stock is trading well below its recent peak, and the business faces challenges in maintaining profitability. The most significant fact is the sharp drop in net profit, which highlights ongoing pressure on margins.
Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
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