Elegant Marbles & Grani Industries Ltd Stock Price Today (NSE: ELEMARB)

Elegant Marbles & Grani Industries Ltd

191.70+7.50 (+4.07%)
Market Closed

Fundamental Score

...

Elegant Marbles & Grani Industries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Elegant Marbles & Grani Industries Ltd share price today is 191.70, up +4.07% on NSE/BSE as of 17 June 2026. Elegant Marbles & Grani Industries Ltd (ELEMARB) is a Small-cap company in the Granites & Marbles sector with a market capitalisation of 67.26 (Cr). The 52-week high for ELEMARB share price is 264.00 and the 52-week low is 132.70. At a P/E ratio of 20.44x, ELEMARB is currently trading below its industry average P/E of 22.06x. The company has a Return on Equity (ROE) of 2.93% and a debt-to-equity ratio of 0.00.

Elegant Marbles & Grani Industries Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
248.75
Low
180.00
Volume
837.9090909090909
Change
-10.10%

Elegant Marbles & Grani Industries Ltd share price chart: -10.10% return over the past month. 52-week high ₹264.00, 52-week low ₹132.70.

Elegant Marbles & Grani Industries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
196.80196.80190.95190.95238.00 (Cr)
195.00195.00185.10192.2026.00 (Cr)
191.95191.95182.00182.9585.00 (Cr)
192.00192.00185.00187.00583.00 (Cr)
192.00192.00184.00185.65215.00 (Cr)
182.05189.00182.05185.052.34K (Cr)
213.00213.00180.00185.754.51K (Cr)
214.00214.00205.90206.85166.00 (Cr)
202.00213.60200.00203.05278.00 (Cr)
219.00219.00202.00202.451.18K (Cr)

Elegant Marbles & Grani Industries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
195.00196.80185.10190.95-2.08%
207.80248.75180.00182.95-11.96%
155.00223.80151.70206.15+33.00%
200.00200.00132.70147.10-26.45%
196.05214.00190.00195.00-0.54%
206.30210.00190.00197.90-4.07%
225.95229.80199.95204.30-9.58%
215.25245.90210.00225.95+4.97%
238.95239.95221.10221.30-7.39%
223.15248.95221.00230.25+3.18%
235.00250.00210.00223.15-5.04%
239.04264.00225.00235.00-1.69%

AI Research Briefing

Powered by Gemini · 2026-04-17

Elegant Marbles is a microcap exposed to cyclical housing demand with slowing growth and significant liquidity risk.

Research Confidence
6.0/10Moderate
MICRO-CAP DARK HORSE1M: 2.58% | 3M: -1.3% | 6M: -9.38%. Recent weakness.P/E is 20.44x vs Industry P/E of 22.06x. Appears fair, but growth is slowing.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Elegant Marbles appointed Ms. Arpita Harshad Doshi as Company Secretary and Compliance Officer effective March 26, 2026.

CORE STORY (THE REAL GAME)

Why Now
  • Appointment of Company Secretary and Compliance Officer effective March 26, 2026
  • India's granite demand is strong, driven by construction and interior design
  • Elegant Marbles standalone net profit rose 94.74% in the December 2025 quarter
Potential Catalysts
  • Significant new order wins
  • Return to high YoY sales and profit growth
  • Increase in FII/DII stake
Key Risks
  • Microcap with low liquidity
  • Recent quarterly YoY profit and sales declines
  • Dependence on cyclical housing market
Institutional Activity

Promoter holding is 71.36% (Δ 0.0%). No FII or DII presence.

Macro Context

Granite demand is tied to the overall health of the Indian economy and construction sector.

Cash Flow Quality

Free Cash Flow 5Y: ₹-25.91 Cr. Poor cash conversion.

3–6 Month Outlook

If Elegant Marbles cannot reignite sales growth, the stock will likely underperform. Focus on order wins and margin improvement over the next 2 quarters.

Primary Thesis Risk

Slowing growth in a cyclical industry will crush this microcap.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

2.93%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

3.62%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

8.24%

Average operating profit margin over 5 years

Dividend Yield

0.44%

Annual dividend as % of current share price

Elegant Marbles & Grani Industries Ltd Valuation Check

Average

Price to Earnings (P/E)

20.44x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

22.06x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

71.36%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-52.55%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-21.29%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

22.65%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

38.98%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

33.23%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.00x

Total debt ÷ equity. Below 0.5 = financially healthy

Interest Coverage Ratio

N/A

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-25.91 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Elegant Marbles & Grani Industries Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of ELEMARB across key market metrics for learning purposes.

Positive Indicators

6 factors identified

Consistent Growth Track Record (22.65% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (38.98% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (33.23% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Balanced Promoter Holding (71.36%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

5 factors identified

Below-Average Return on Equity (2.93%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (3.62%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Profit Decline Concern (-52.55%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-21.29%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Negative Free Cash Flow (₹-25.91 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Elegant Marbles & Grani Industries Ltd vs Granites & Marbles Peers

Peer Comparison - Granites & Marbles

Compare Elegant Marbles & Grani Industries Ltd with 8 other companies in the same sector

9 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
41/100
192
₹67.26
20.4
Average
2.93%
Poor
3.62%
Poor
0.0
Excellent
33.23%
Excellent
22.65%
Excellent
0.44%
Pokarna Ltd...
POKARNA532486
56.5/100
813
₹2889.07
20.1
Average
27.37%
Excellent
28.38%
Excellent
0.3
Excellent
21.54%
Excellent
18.65%
Excellent
0.06%
25.4/100
52
₹528.14
-9.08%
Poor
-1.97%
Poor
0.7
Good
4.90%
Average
0.00%
37.2/100
70
₹133.87
19.4
Average
15.22%
Good
13.94%
Average
0.5
Excellent
8.49%
Good
22.40%
Excellent
0.00%
40/100
145
₹117.65
24.1
Average
1.71%
Poor
3.07%
Poor
0.1
Excellent
84.49%
Excellent
20.48%
Excellent
0.00%
0/100
16
₹75.04
234.5
Average
9.81%
Poor
17.21%
Excellent
0.45%
Average
0.00%
11.1/100
6
₹61.46
11.6
Average
-7.12%
Poor
-4.92%
Poor
0.0
Excellent
-22.36%
Poor
0.00%
23.2/100
25
₹48.65
-3.36%
Poor
1.68%
Poor
0.8
Good
-7.09%
Poor
0.00%
19.6/100
37
₹38.10
-0.60%
Poor
0.12%
Poor
0.1
Excellent
-12.43%
Poor
0.00%

Elegant Marbles & Grani Industries Ltd Quarterly Performance

Latest quarterly metrics for ELEMARB — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-21.29%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-52.55%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

22.65%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

33.23%

Compounded annual net profit growth over 5 years

Elegant Marbles & Grani Industries Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for ELEMARB — calculated from daily price history

34RSI 14
Neutral — RSI 34

Momentum is balanced — neither overbought nor oversold.

SMA 50
194
▼ Price below SMA 50 — Short-term bearish
SMA 200
211
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
1K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Elegant Marbles & Grani Industries Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Elegant Marbles & Grani Industries Ltd (ELEMARB) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Elegant Marbles & Grani Industries Ltd

About ELEMARB (Elegant Marbles & Grani Industries Ltd)

Elegant Marbles & Grani Industries Ltd is a distinguished purveyor of exquisite natural stone, renowned for transforming architectural visions into tangible realities. With decades... of experience, ELEMARB stands as a beacon of quality and craftsmanship in the Indian market, specializing in the sourcing, processing, and distribution of premium granites and marbles. The company meticulously selects raw materials from quarries around the globe, ensuring each slab possesses unique veining, color variations, and inherent strength. From the subtle elegance of classic white marble to the dramatic allure of dark granite, ELEMARB offers a diverse palette to inspire and elevate any design aesthetic. Their commitment extends beyond aesthetics, focusing on delivering durable, sustainable, and timeless materials. ELEMARB's product portfolio is a testament to their comprehensive understanding of the stone industry, featuring not only granites and marbles but also a curated selection of specialty stones. This includes the captivating translucence of onyx, the earthy warmth of travertine, and the vibrant brilliance of semi-precious gemstone slabs. Each stone type is meticulously processed using state-of-the-art technology and skilled artisans, resulting in polished surfaces, precise cuts, and unparalleled finishes. The company's dedication to innovation allows them to create custom designs and intricate patterns, catering to the specific needs of architects, designers, and homeowners. Whether it's a grand commercial project or a residential renovation, ELEMARB provides the perfect stone solution. Founded in 1984 and headquartered in the bustling metropolis of Mumbai, India, Elegant Marbles & Grani Industries Ltd has established a strong presence within the country's architectural landscape. The company's enduring success is rooted in its unwavering commitment to quality, customer satisfaction, and ethical business practices. ELEMARB fosters long-term relationships with both suppliers and clients, built on trust, transparency, and mutual respect. Their team of experienced professionals provides expert guidance and support throughout the entire process, from stone selection to installation. ELEMARB strives to be more than just a supplier; they aim to be a trusted partner in bringing extraordinary design visions to life.

Company Details

Symbol:ELEMARB
Industry:Granites & Marbles
Sector:Granites & Marbles

Key Leadership

Mr. Rajesh Ramswaroop Agrawal
Chairman & MD
Mr. Rakesh Agrawal
MD & Executive Director
Mr. Hitesh Kothari
Chief Financial Officer

Corporate Events

Recent
Ex-Dividend Date

ELEMARB Share Price: Frequently Asked Questions

What is the current share price of Elegant Marbles & Grani Industries Ltd?

Elegant Marbles & Grani Industries Ltd (ELEMARB) trades at ₹191.70 on NSE and BSE. Market cap ₹67.26 (Cr). Educational data only.

What is the P/E ratio of Elegant Marbles & Grani Industries Ltd?

Elegant Marbles & Grani Industries Ltd has a P/E of 20.44x vs industry average 22.06x.

What is the Bull Run score for Elegant Marbles & Grani Industries Ltd?

Elegant Marbles & Grani Industries Ltd has a Bull Run score of 41/100 based on 25+ financial parameters.

Does Elegant Marbles & Grani Industries Ltd pay dividends?

Elegant Marbles & Grani Industries Ltd has a dividend yield of 0.44%. Past dividends don't guarantee future payments.

What is the ROE of Elegant Marbles & Grani Industries Ltd?

Elegant Marbles & Grani Industries Ltd has ROE of 2.93%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Elegant Marbles & Grani Industries Ltd?

Elegant Marbles & Grani Industries Ltd has debt-to-equity of 0.00.

Is Elegant Marbles & Grani Industries Ltd a good investment?

Bull Run gives Elegant Marbles & Grani Industries Ltd a score of 41/100. This is not investment advice — consult a SEBI-registered advisor.