33.75
-0.44%
Close of 9 Nov 2026, in INR
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About Madhav Marbles and Granites
Its shares trade on NSE under the ticker MADHAV.NS. It has been listed since 18 May 1992. In the fiscal year to 31 March 2026, it reported revenue of ₹307.1m and net income of ₹3.9m. At that date it held total assets of ₹1.37bn and shareholders' equity of ₹1.24bn.
Madhav Marbles & Granites Ltd. engages in processing and exportation of granite and marbles. The company is headquartered in Udaipur, Rajasthan. The firm operates through three segments: Granite and Stone Division, Realty Division and Power Generation Unit. The firm is engaged in manufacturing, processing and trading of granite slabs / tiles, marble slabs / tiles, windmill power generation and realty business. The firm's products include marble, granite, quartz, sandstone and calibrated tiles. Its stone tiles include regular tiles and XL tiles. The firm operates its Granite Division from South India (Salem, Tamil Nadu). The firm operates its Marble Division in Udaipur (Rajasthan). The company has another facility in North India Udaipur for marble, sandstone, slates. The company has an annual installed capacity of approximately 6,00,000 square meters. The firm exports its products to North America, South America, Canada, Europe, Australia, South Africa, Russia, and Far East.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Building Products
- Listed since
- 18 May 1992
- Website
- madhavmarbles.com ↗
Leadership
Pay as last reported
- Mr. Ravi KrishnamurthiNon-Executive Chairman of the Board
- Mrs. Riddhima DoshiPresident, Additional Whole Time Director, since 2018
- Mr. Madhav DoshiChief Executive Officer, Managing Director
- Mr. S. PanneerselvamChief Financial Officer
- Priyanka ManawatCompliance Officer, Company Secretary
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Madhav Marbles and Granites Ltd processes granite and marbles in Udaipur, Rajasthan.
- The company has a 6,00,000 square meter annual capacity for stone products.
- It exports to North America, Europe, and Australia with diverse markets.
Weaknesses
- The Granite Division operates only in South India's Salem, Tamil Nadu.
- The Marble Division is limited to Udaipur, Rajasthan, for stone processing.
- The company lacks a presence in North America for its power generation unit.
Opportunities
- Expanding granite operations in North India could increase market reach.
- Growing demand for quartz and calibrated tiles in Europe presents new opportunities.
- The Power Generation Unit can leverage windmill technology for renewable energy.
Threats
- Competition from other stone exporters in South India may reduce market share.
- Economic downturns in Europe could impact export revenues significantly.
- Tariffs on stone imports in Russia might affect sales volume.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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