Elegant Marbles & Grani Industries Ltd Stock Analysis

BSE: 526705 | NSE: | Ceramics/Marble/Granite/Sanitaryware | Small Cap

BSE Share Price 29-Nov-2022 18:01
118.00 -0.05 (-0.04%)

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Elegant Marbles&Gran Price Chart

P/E Ratio (SA) :
19.08
Market Cap :
43.2 Cr.
52-wk low :
93
52-wk high :
172.9
Bole Toh?

1. Is Elegant Marbles & Grani Industries Ltd a good quality company?

Data is not available for this company.

2. Is Elegant Marbles & Grani Industries Ltd undervalued or overvalued?

The key valuation ratios of Elegant Marbles & Grani Industries Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is Elegant Marbles & Grani Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Elegant Marbles & Grani Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Elegant Marbles&Gran:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 5.7%8.1%7.2%7.3%6.8%3.8%3.1%1.4%-1.3%2.7%-
Value Creation Index -0.6-0.4-0.5-0.5-0.5-0.7-0.8-0.9-1.1-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 21.625.326.630.328.52419.710.39.327.831
YoY Gr. Rt. %-17.3%5.1%13.8%-5.9%-15.6%-18.2%-47.7%-9.9%200.4%-
Adj EPS 6.29.399.811.69.27.53-2.97.46.2
YoY Gr. Rt. %-50%-3.5%9.3%18.5%-20.9%-18.2%-59.6%-196.4%NA-
BVPS (₹) 110.9119.4128.6140.6199.9238.7247.6190.5249.8288.2287.7
Adj Net Profit 2.84.244.45.23.42.71.1-1.12.72
Cash Flow from Ops. -3.4-3.22.54.1-1.6-4.5-8.8-1.7-7.1-2.8-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 2.9%-0.5%12.3%200.4%
Adj EPS 2%-8.7%-0.7%NA
BVPS 11.27.65.215.4
Share Price 12% -9.5% 6.6% -6.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 5.78.17.27.36.83.83.11.4-1.32.72.2
Op. Profit Mgn % 4.15.43.13.75.33.95.7-12.7-33.84.92.8
Net Profit Mgn % 12.916.515.114.518.3141410.8-11.59.77.2
Debt to Equity 00000000000
Working Cap Days 215198213172171244336642774305392
Cash Conv. Cycle 519691341676207541647247341

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 2.10%

Sales growth is growing at healthy rate in last 3 years 12.27%

Sales growth is good in last 4 quarters at 144.78%

Net Profit has been subdued in last 3 years -0.67%

Latest Financials - Elegant Marbles & Grani Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 6.2 -
TTM Sales (₹ Cr.) 31.4 -
BVPS (₹.) 287.7 -
Reserves (₹ Cr.) 102 -
P/BV 0.41 -
PE 19.08 -
From the Market
52 Week Low / High (₹) 93.00 / 172.90
All Time Low / High (₹) 4.90 / 210.00
Market Cap (₹ Cr.) 43.2
Equity (₹ Cr.) 3.7
Face Value (₹) 10
Industry PE 32.9

Management X-Ray of Elegant Marbles&Gran :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Elegant Marbles&Gran

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Elegant Marbles & Grani Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Elegant Marbles&Gran on 29-Nov-2022 18:01 is : 118.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 29-Nov-2022 18:01 the market cap of Elegant Marbles&Gran stood at ₹ 43.21.
The latest PE ratio of Elegant Marbles&Gran as of 29-Nov-2022 18:01 is 19.08.
The latest PB ratio of Elegant Marbles&Gran as of 29-Nov-2022 18:01 is 0.41
The 52-week high of Elegant Marbles&Gran is ₹ 172.9 and the 52-week low is ₹ 93.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Elegant Marbles&Gran is ₹ 31.41 ( Cr.) .

About Elegant Marbles & Grani Industries Ltd

Elegant Marbles & Grani Industries was incorporated in the year 1984 and was promoted by Rajesh Agrawal and Rakesh Agrawal. The company was formerly known as Elegant Marble. The shares of the company are listed on the Bombay and Jaipur stock exchanges.

The company is one of the leading manufacturers and providers of choicest and exclusive range of Indian and imported marbles and granites. It has developed long-term relationships with several niche clients in India and abroad. Over the years, the company has evolved in response to changing customer demands and aspirations. Aggressive marketing and rational utilization of resources by the management of the company has helped to record such excellent results. Elegant has deployed considerable attention and resources on creating a better future for itself, so that when the cyclical trends on the commodity become more favourable, as has been the experience in the past, the company is well positioned to capture the benefits of upturn.

It engages in the manufacture and sale of marbles and granite stones in India and abroad. It offers natural stones, including travertine, onyx, sandstone and slates; engineered marble comprising agglomerated and semi precious stones; and mosaic, inlays, marble handicrafts, marble art work, and edge profiles.

History of the company:

1984 - The company was incorporated under the name and style of Elegant Marbles Private Limited on November 5. The company was promoted by Rajesh Agrawal and Rakesh Agrawal to set up a plant to manufacture polished marble tiles with an installed capacity of  33,000 sq mtrs per annum. The project was implemented in a period of six months and commenced production in August 1985.

1987 - With a view to broad base its product range and take advantage of the growing market, the company diversified into manufacture of marble slabs by setting up production facilities with an installed capacity to manufacture 47,000 sq meters of marble slabs per annum.

1989 - The company started trading in granite tiles and slabs and executed export orders to USA, Europe, Middle East and Singapore. Keeping in mind the growing demand for Indian Granie both in the domestic and foreign markets and the thrust given by the Government of India for development of the granite industry, the company set up production facilities to manufacture 16,100 sq meters of granite slabs per annum at its existing site at Abu Road. 

1994 - The company has one of the few plants in the country where integrated production facilities for marble tiles, marble slabs and granite slabs are available under one roof. The name of the company was changed to Elegant Marbles and Grani Industries Pvt Ltd on June 8, and was converted into a public limited company on July 11, when it acquired its present name.

1995 - The company inaugurated a new retail outlet in the heart of Bombay's marble market situated near the airport on the Western Express Highway. The company is also planning in the current year to set up representative offices all over India for effective marketing of its products. The company has been awarded the much-coveted government recognized Export House status, which is a matter of great prestige for the company.

1998 - The company has purchased a large showroom-cum-corporate office adjacent to its existing office at Lower Parel, Mumbai.

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