Madhav Marbles and Granites Ltd

Madhav Marbles and Granites Ltd (MADHAV)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-15.13 %
3 Month Return-3.03 %
1 Year Return-14.84 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 78
Rank 85
Rank 19
Dividend Yield
Rank 15
Rank 109
Price To Book Ratio
Debt To Asset
Rank 112

Company Information

Incorporated on 7 Apr.89 at Jaipur Rajasthan Madhav Marbles Granites became public in 1990. It was promoted by Rajsingh Dungarpur J H Dashora R K Bapna and Lata Mangeshkar.The company processes marbles and granites. The products of the company are marble and granite tiles used for flooring and wall cladding in residential and commercial complexes and also for interior decoration. The company came out with a public issue in May 92 to set up a 100 EOU to process granite tiles with an installed capacity of 138000 sq mtr p.a. and another unit to process marble tiles with an installed capacity of 361338 sq mtr pa.The manufacture of granite and marble tiles comprises block cutting cross cutting grinding calibrating polishing and chamfering.The company has an agreement with Khimji Ramdas Muscat to sell its entire production of granite tiles and 35 of its production of marble tiles. The company proposes to sell the remaining in domestic markets.The company exports its products to over 20 countries including the US Germany Holland Singapore and Australia. MMGL has received Capexil award consecutively for the seven years the last being 199899 for highest exports of processed granite. It has been unable to make a breakthrough in the development of mines inspite of substantial investments due to huge developmental expenses infrastructure bottlenecks quality of materials and operational difficulties. During the year 19992000 a 100 EOU was set up for manufacturing polished granite slabs.During the year 200001the company had received Capexil Award for highest exports of granite tiles made during the year 19992000.Rose Marbles LimitedRML has become the subsidiary of the company in 200102 consequent to acquisition of 52300 Equity Shares which represents 51.27RML. RML is in the business of processing Marble Slabs / Marble Trading.The company has acquired two wind turbine generators each of 1.25 MW during January 2005 and has started generation of power.
OrganisationMadhav Marbles and Granites Ltd