Elegant Marbles and Grani Industries Ltd

₹ 266 -0.71%

22 Nov 3:40 p.m.

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]

Website BSE

Market Cap ₹ 97.5 Cr.
Current Price ₹ 266
High / Low ₹ 364 / 215
Stock P/E 18.8
Book Value ₹ 438
Dividend Yield 1.05 %
ROCE 5.53 %
ROE 4.10 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Company is almost debt free.
Stock is trading at 0.60 times its book value
Company has been maintaining a healthy dividend payout of 92.7%

Cons

Company has a low return on equity of 3.64% over last 3 years.
Earnings include an other income of Rs.2.27 Cr.

* 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.

Peer comparison

Sector: Mining & Mineral products Industry: Miscellaneous

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Figures in Rs. Crores

	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
	8.17	7.42	7.87	7.90	8.22	8.93	10.60	7.76	8.59	9.71	8.17	6.64	10.38
	6.73	8.08	7.30	7.67	7.49	7.88	8.78	6.20	6.82	8.56	8.36	5.40	7.44
Operating Profit	1.44	-0.66	0.57	0.23	0.73	1.05	1.82	1.56	1.77	1.15	-0.19	1.24	2.94
OPM %	17.63%	-8.89%	7.24%	2.91%	8.88%	11.76%	17.17%	20.10%	20.61%	11.84%	-2.33%	18.67%	28.32%
	0.58	0.77	0.21	0.21	0.70	-0.12	-0.10	-0.29	0.72	0.63	0.60	0.49	0.55
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	0.04	0.06	0.07	0.07	0.08	0.07	0.08	0.11	0.09	0.14	0.17	0.15	0.23
Profit before tax	1.98	0.05	0.71	0.37	1.35	0.86	1.64	1.16	2.40	1.64	0.24	1.58	3.26
Tax %	24.75%	-100.00%	-7.04%	18.92%	17.78%	39.53%	32.32%	39.66%	21.25%	25.00%	12.50%	24.68%	21.47%
	1.49	0.09	0.76	0.29	1.12	0.52	1.11	0.70	1.90	1.24	0.21	1.18	2.55
EPS in Rs	4.07	0.25	2.08	0.79	3.06	1.42	3.03	1.91	5.19	3.39	0.57	3.22	6.97
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	TTM
	21.57	25.30	26.60	30.26	28.47	24.04	19.66	10.28	9.26	27.82	35.65	33.99	34.90
	20.70	23.94	25.77	29.13	26.95	23.11	18.53	11.58	12.60	26.33	31.67	29.48	29.76
Operating Profit	0.87	1.36	0.83	1.13	1.52	0.93	1.13	-1.30	-3.34	1.49	3.98	4.51	5.14
OPM %	4.03%	5.38%	3.12%	3.73%	5.34%	3.87%	5.75%	-12.65%	-36.07%	5.36%	11.16%	13.27%	14.73%
	3.63	4.18	5.56	7.02	6.36	4.48	3.05	2.93	2.69	1.84	0.54	1.45	2.27
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	0.16	0.14	0.21	0.20	0.19	0.17	0.28	0.13	0.13	0.20	0.30	0.50	0.69
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	6.72
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	5.18
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	14.15
Dividend Payout %	25.64%	18.33%	16.92%	13.87%	0.00%	0.00%	0.00%	0.00%	0.00%	37.42%	39.73%	200.99%

Compounded Sales Growth
10 Years:	3%
5 Years:	12%
3 Years:	54%
TTM:	-3%

Compounded Profit Growth
10 Years:	2%
5 Years:	13%
3 Years:	73%
TTM:	-10%

Stock Price CAGR
10 Years:	10%
5 Years:	25%
3 Years:	30%
1 Year:	-18%

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	Sep 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	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	157.42
	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
	10.79	7.93	11.33	11.14	12.00	11.79	3.72	2.11	2.66	3.16	7.40	5.27	7.02
Total Liabilities	60.67	61.67	69.20	74.41	101.94	99.14	94.36	71.82	94.08	108.66	113.36	134.70	167.40
	1.22	1.10	0.74	1.08	0.96	0.84	1.03	0.92	0.85	2.14	1.95	4.84	7.72
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	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	121.57
	17.37	16.55	18.41	14.47	16.43	20.12	20.91	20.64	25.14	29.62	27.42	31.37	38.11
Total Assets	60.67	61.67	69.20	74.41	101.94	99.14	94.36	71.82	94.08	108.66	113.36	134.70	167.40

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	14.82
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	468.22
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	245.59
ROCE %	6.78%	8.38%	7.76%	8.22%	10.04%	5.91%	3.54%	1.22%	-1.85%	3.20%	5.50%	5.53%

Shareholding Pattern

Numbers in percentages

	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
	70.91%	71.71%	71.71%	71.71%	71.71%	71.71%	71.71%	71.71%	71.71%	71.36%	71.36%	71.36%
	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	29.08%	28.28%	28.28%	28.28%	28.28%	28.28%	28.30%	28.30%	28.29%	28.63%	28.63%	28.63%
No. of Shareholders	1,013	1,108	1,173	1,133	1,126	1,135	1,185	1,193	3,407	2,514	2,439	2,392

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
	72.28%	70.91%	70.91%	70.91%	70.91%	71.71%	71.71%	71.36%	71.36%
	0.01%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.00%	0.00%
	27.71%	29.08%	29.08%	29.08%	29.08%	28.28%	28.28%	28.63%	28.63%
No. of Shareholders	1,863	1,406	1,215	1,150	1,064	1,108	1,135	2,514	2,392

* 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.

Documents

Announcements

All

Elegant Marbles and Grani Industries Ltd

Elegant Marbles and Grani Industries Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports