BSE:526705

Stock Analysis Report

Elegant Marbles and Grani Industries

Executive Summary

Elegant Marbles and Grani Industries Limited manufactures, imports, exports, and deals in marbles and granites, and allied products in India and internationally.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Elegant Marbles and Grani Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 526705's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.0%

526705

0.9%

IN Basic Materials

8.9%

IN Market


1 Year Return

-40.0%

526705

-31.2%

IN Basic Materials

-30.6%

IN Market

Return vs Industry: 526705 underperformed the Indian Basic Materials industry which returned -31.2% over the past year.

Return vs Market: 526705 underperformed the Indian Market which returned -30.6% over the past year.


Shareholder returns

526705IndustryMarket
7 Day-5.0%0.9%8.9%
30 Day-19.0%-29.4%-24.8%
90 Day-17.9%-27.2%-29.4%
1 Year-40.0%-40.0%-30.7%-31.2%-29.2%-30.6%
3 Year-42.1%-42.1%-30.3%-31.5%-17.0%-21.5%
5 Year-19.5%-23.2%-7.3%-10.2%-5.4%-10.4%

Price Volatility Vs. Market

How volatile is Elegant Marbles and Grani Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Elegant Marbles and Grani Industries undervalued compared to its fair value and its price relative to the market?

14.7x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 526705's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 526705's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 526705 is poor value based on its PE Ratio (14.7x) compared to the Basic Materials industry average (9.7x).

PE vs Market: 526705 is poor value based on its PE Ratio (14.7x) compared to the Indian market (9.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 526705's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 526705 is good value based on its PB Ratio (0.3x) compared to the IN Basic Materials industry average (0.6x).


Next Steps

Future Growth

How is Elegant Marbles and Grani Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.1%

Forecasted Materials 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 Elegant Marbles and Grani Industries 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.


Next Steps

Past Performance

How has Elegant Marbles and Grani Industries performed over the past 5 years?

-16.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 526705 has high quality earnings.

Growing Profit Margin: 526705's current net profit margins (13.4%) are lower than last year (18.9%).


Past Earnings Growth Analysis

Earnings Trend: 526705's earnings have declined by -16.4% per year over the past 5 years.

Accelerating Growth: 526705's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 526705 had negative earnings growth (-59%) over the past year, making it difficult to compare to the Basic Materials industry average (21.9%).


Return on Equity

High ROE: 526705's Return on Equity (2%) is considered low.


Next Steps

Financial Health

How is Elegant Marbles and Grani Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 526705's short term assets (₹171.9M) exceed its short term liabilities (₹16.9M).

Long Term Liabilities: 526705's short term assets (₹171.9M) exceed its long term liabilities (₹6.3M).


Debt to Equity History and Analysis

Debt Level: 526705 is debt free.

Reducing Debt: 526705 has no debt compared to 5 years ago when its debt to equity ratio was 2.7%.

Debt Coverage: 526705 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 526705 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 526705 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 526705's debt is covered by short term assets.


Next Steps

Dividend

What is Elegant Marbles and Grani Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 526705's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 526705's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 526705's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 526705's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 526705 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 526705's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.4yrs

Average board tenure


CEO

Rajesh Agrawal (57yo)

no data

Tenure

₹3,450,000

Compensation

Mr. Rajesh Agrawal has been the Managing Director of Premier Proteins Ltd. since August 2009 and serves as its Chairman. Mr. Agrawal has been a Director of Premier Proteins Ltd. since April 27, 1987. Mr.  ...


CEO Compensation Analysis

Compensation vs Market: Rajesh's total compensation ($USD45.78K) is about average for companies of similar size in the Indian market ($USD48.16K).

Compensation vs Earnings: Rajesh's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Rajesh Agrawal
Chairman & MDno data₹3.45m51.01% 121.1m
Rakesh Agrawal
MD & Executive Director35.25yrs₹3.45m19.47% 46.2m
Raj Mittal
Non Executive Independent Director5.42yrs₹50.00kno data
Ramchandra Chawla
Non Executive & Independent Director35.17yrs₹55.00kno data
Yogita Agrawal
Non-Executive Woman Director5.42yrs₹20.00kno data
Om Singal
Non Executive Independent Director4.67yrs₹60.00kno data

5.4yrs

Average Tenure

65yo

Average Age

Experienced Board: 526705's board of directors are considered experienced (5.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Elegant Marbles and Grani Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Elegant Marbles and Grani Industries Limited
  • Ticker: 526705
  • Exchange: BSE
  • Founded: 1984
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: ₹237.351m
  • Shares outstanding: 3.66m
  • Website: https://www.elegantmarbles.com

Number of Employees


Location

  • Elegant Marbles and Grani Industries Limited
  • Elegant House
  • Raghuvanshi Mills Compound
  • Mumbai
  • Maharashtra
  • 400013
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526705BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2007

Biography

Elegant Marbles and Grani Industries Limited manufactures, imports, exports, and deals in marbles and granites, and allied products in India and internationally. The company was founded in 1984 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 13:02
End of Day Share Price2020/03/25 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.