Elegant Marbles and Grani Industries Ltd

Elegant Marbles and Grani Industries Ltd

₹ 263 0.46%
02 Jul - close price
About

Incorporated in 1984, Elegant Marble and Grani Industries is engaged in manufacturing & trading of marble, granites & other stones tiles & slabs.

Key Points

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]

  • Market Cap 96.2 Cr.
  • Current Price 263
  • High / Low 364 / 144
  • Stock P/E 20.3
  • Book Value 354
  • Dividend Yield 1.05 %
  • ROCE 5.42 %
  • ROE 4.03 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.74 times its book value
  • Company has been maintaining a healthy dividend payout of 32.4%

Cons

  • Company has a low return on equity of 3.62% 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.

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
6.69 4.36 8.17 7.42 7.87 7.90 8.22 8.93 10.60 7.76 8.59 9.71 8.17
6.84 4.38 6.73 8.08 7.30 7.67 7.49 7.88 8.78 6.20 6.82 8.56 8.36
Operating Profit -0.15 -0.02 1.44 -0.66 0.57 0.23 0.73 1.05 1.82 1.56 1.77 1.15 -0.19
OPM % -2.24% -0.46% 17.63% -8.89% 7.24% 2.91% 8.88% 11.76% 17.17% 20.10% 20.61% 11.84% -2.33%
0.24 0.44 0.58 0.77 0.21 0.21 0.70 -0.12 -0.10 -0.29 0.72 0.63 0.60
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 0.00
Depreciation 0.03 0.03 0.04 0.06 0.07 0.07 0.08 0.07 0.08 0.11 0.09 0.14 0.17
Profit before tax 0.06 0.39 1.98 0.05 0.71 0.37 1.35 0.86 1.64 1.16 2.40 1.64 0.24
Tax % 0.00% 12.82% 24.75% -100.00% -7.04% 18.92% 17.78% 39.53% 32.32% 39.66% 21.25% 25.00% 12.50%
0.05 0.35 1.49 0.09 0.76 0.29 1.12 0.52 1.11 0.70 1.90 1.24 0.21
EPS in Rs 0.14 0.96 4.07 0.25 2.08 0.79 3.06 1.42 3.03 1.91 5.19 3.39 0.57
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
21.57 25.30 26.60 30.26 28.47 24.04 19.66 10.28 9.26 27.82 35.65 34.22
20.70 23.94 25.77 29.13 26.95 23.11 18.53 11.58 12.60 26.33 31.67 29.92
Operating Profit 0.87 1.36 0.83 1.13 1.52 0.93 1.13 -1.30 -3.34 1.49 3.98 4.30
OPM % 4.03% 5.38% 3.12% 3.73% 5.34% 3.87% 5.75% -12.65% -36.07% 5.36% 11.16% 12.57%
3.63 4.18 5.56 7.02 6.36 4.48 3.05 2.93 2.69 1.84 0.54 1.66
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 0.16 0.14 0.21 0.20 0.19 0.17 0.28 0.13 0.13 0.20 0.30 0.50
Profit before tax 4.34 5.40 6.18 7.95 7.69 5.24 3.90 1.50 -0.78 3.13 4.22 5.46
Tax % 19.12% 9.26% 13.75% 18.24% 22.63% 16.60% 16.15% 1.33% 0.00% 14.06% 27.96% 25.64%
3.51 4.91 5.32 6.49 5.95 4.37 3.27 1.47 -0.79 2.69 3.04 4.05
EPS in Rs 7.80 10.91 11.82 14.42 13.22 11.94 8.93 4.02 -2.16 7.35 8.31 11.07
Dividend Payout % 25.64% 18.33% 16.92% 13.87% 0.00% 0.00% 0.00% 0.00% 0.00% 37.42% 39.73% 20.10%
Compounded Sales Growth
10 Years: 3%
5 Years: 12%
3 Years: 55%
TTM: -4%
Compounded Profit Growth
10 Years: 2%
5 Years: 12%
3 Years: 73%
TTM: 13%
Stock Price CAGR
10 Years: 20%
5 Years: 8%
3 Years: 23%
1 Year: 56%
Return on Equity
10 Years: 4%
5 Years: 2%
3 Years: 4%
Last Year: 4%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 4.50 4.50 4.50 4.50 4.50 3.66 3.66 3.66 3.66 3.66 3.66 2.96
Reserves 45.38 49.24 53.37 58.77 85.44 83.69 86.98 66.05 87.76 101.84 102.30 126.47
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
10.79 7.93 11.33 11.14 12.00 11.79 3.72 2.11 2.66 3.16 7.40 5.28
Total Liabilities 60.67 61.67 69.20 74.41 101.94 99.14 94.36 71.82 94.08 108.66 113.36 134.71
1.22 1.10 0.74 1.08 0.96 0.84 1.03 0.92 0.85 2.14 1.95 4.84
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 42.08 44.02 50.05 58.86 84.55 78.18 72.42 50.26 68.09 76.90 83.99 98.49
17.37 16.55 18.41 14.47 16.43 20.12 20.91 20.64 25.14 29.62 27.42 31.38
Total Assets 60.67 61.67 69.20 74.41 101.94 99.14 94.36 71.82 94.08 108.66 113.36 134.71

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-3.43 -3.17 2.46 4.08 -1.63 -4.51 -8.84 -1.74 -7.09 -2.75 4.99 -6.05
8.38 0.96 -1.42 -2.75 1.36 22.04 8.27 2.55 7.85 4.35 -5.93 41.80
-1.05 -1.05 -1.05 -1.08 0.00 -17.22 0.00 0.00 0.00 0.00 -1.01 -34.14
Net Cash Flow 3.90 -3.26 -0.01 0.25 -0.27 0.31 -0.56 0.81 0.76 1.60 -1.94 1.60

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 8.29 22.36 24.01 16.04 16.28 19.13 25.81 24.14 50.06 45.92 41.06 14.72
Inventory Days 224.53 225.53 209.56 148.75 177.74 307.36 493.80 865.21 881.38 303.20 289.00 467.90
Days Payable 119.40 94.22 137.40 133.19 167.73 172.49 29.72 9.70 1.05 2.79 2.58 14.51
Cash Conversion Cycle 113.43 153.67 96.18 31.61 26.29 153.99 489.89 879.65 930.38 346.33 327.47 468.12
Working Capital Days 33.17 98.54 70.94 8.44 25.64 84.27 283.13 545.37 748.92 274.73 186.85 243.94
ROCE % 6.78% 8.38% 7.76% 8.22% 10.04% 5.91% 3.54% 1.22% -1.85% 3.20% 5.50%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
70.91% 70.91% 70.91% 71.71% 71.71% 71.71% 71.71% 71.71% 71.71% 71.71% 71.71% 71.36%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.00% 0.00% 0.00% 0.00%
29.08% 29.08% 29.08% 28.28% 28.28% 28.28% 28.28% 28.28% 28.30% 28.30% 28.29% 28.63%
No. of Shareholders 1,0261,0161,0131,1081,1731,1331,1261,1351,1851,1933,4072,514

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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