Madhav Marbles and Granites Limited manufactures, processes, and trades in granite and marble slabs and tiles in India.
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Mediocre balance sheet unattractive dividend payer.
Share Price & News
How has Madhav Marbles and Granites's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 515093's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 515093 underperformed the Indian Building industry which returned -38.1% over the past year.
Return vs Market: 515093 underperformed the Indian Market which returned -23.2% over the past year.
Price Volatility Vs. Market
How volatile is Madhav Marbles and Granites's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Madhav Marbles and Granites undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 515093 (₹19.55) is trading above our estimate of fair value (₹1.4)
Significantly Below Fair Value: 515093 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 515093 is poor value based on its PE Ratio (11.8x) compared to the Building industry average (8.1x).
PE vs Market: 515093 is poor value based on its PE Ratio (11.8x) compared to the Indian market (9.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 515093's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 515093 is good value based on its PB Ratio (0.1x) compared to the IN Building industry average (0.6x).
How is Madhav Marbles and Granites forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Madhav Marbles and Granites has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of 515093’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Madhav Marbles and Granites competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Madhav Marbles and Granites performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 515093 has a large one-off gain of ₹12.5M impacting its December 31 2019 financial results.
Growing Profit Margin: 515093's current net profit margins (2.4%) are lower than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: 515093's earnings have declined by -22.7% per year over the past 5 years.
Accelerating Growth: 515093's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 515093 had negative earnings growth (-71.6%) over the past year, making it difficult to compare to the Building industry average (1.2%).
Return on Equity
High ROE: 515093's Return on Equity (1.1%) is considered low.
How is Madhav Marbles and Granites's financial position?
Financial Position Analysis
Short Term Liabilities: 515093's short term assets (₹837.7M) exceed its short term liabilities (₹237.6M).
Long Term Liabilities: 515093's short term assets (₹837.7M) exceed its long term liabilities (₹217.1M).
Debt to Equity History and Analysis
Debt Level: 515093's debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: 515093's debt to equity ratio has increased from 0.1% to 24.7% over the past 5 years.
Debt Coverage: 515093's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 515093's interest payments on its debt are well covered by EBIT.
What is Madhav Marbles and Granites's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 515093's dividend (1.28%) is higher than the bottom 25% of dividend payers in the Indian market (0.86%).
High Dividend: 515093's dividend (1.28%) is low compared to the top 25% of dividend payers in the Indian market (3.7%).
Stability and Growth of Payments
Stable Dividend: 515093's dividend payments have been volatile in the past 10 years.
Growing Dividend: 515093's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (15.1%), 515093's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Madhav Doshi (33yo)
Mr. Madhav Doshi has been an Additional & Non-Executive Director of Rajdarshan Industries Ltd since April 1, 2018. Mr. Doshi serves as Chief Executive Officer and Managing Director of Madhav Marbles and Gr ...
CEO Compensation Analysis
Compensation vs Market: Madhav's total compensation ($USD68.91K) is above average for companies of similar size in the Indian market ($USD50.03K).
Compensation vs Earnings: Madhav's compensation has been consistent with company performance over the past year.
|CEO, MD & Director||2yrs||₹5.24m||8.62% ₹15.1m|
|Whole-Time Director||12.67yrs||₹3.55m||0.36% ₹625.6k|
|Independent Chairman||6.83yrs||₹120.00k||no data|
|Non-Executive Independent Director||11.58yrs||₹75.00k||no data|
|Non-Executive Independent Director||11.58yrs||₹75.00k||0.0056% ₹9.8k|
|Non-Executive Independent Director||5.17yrs||₹75.00k||no data|
Experienced Board: 515093's board of directors are considered experienced (9.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 515093 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Madhav Marbles and Granites Limited's company bio, employee growth, exchange listings and data sources
- Name: Madhav Marbles and Granites Limited
- Ticker: 515093
- Exchange: BSE
- Founded: 1989
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: ₹174.914m
- Shares outstanding: 8.95m
- Website: https://www.madhavmarbles.com
- Madhav Marbles and Granites Limited
- Mumal Towers
- First Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|515093||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jan 2002|
|MADHAV||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jan 2002|
Madhav Marbles and Granites Limited manufactures, processes, and trades in granite and marble slabs and tiles in India. It also provides sandstone, quartz, and tile products. The company exports its products to North America, South America, Canada, Europe, Australia, South Africa, Russia, and the Far East. It is also involved in the windmill power generation and real estate businesses. The company was founded in 1989 and is based in Udaipur, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/26 12:35|
|End of Day Share Price||2020/05/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.