Debut Plus

₹35.1

▼ -0.8 -2.23%

17 Jul 2026

NSE Listed

ASM 1

Madhav Marble & Granite (MADHAV)

Volume: 603Avg Vol 1W: 3,210.4Avg Vol 1M: 5,298.352W Range:₹29₹49.95
NSE BSE www.madhavmarbles.com
Key Ratios
Checked 6h ago
Market Cap₹32 Cr
Current Price₹35.1
Previous Close₹35.9
High / Low (52w)₹49.95 / ₹29
Volume603
Avg Vol (1W)3,210.4
Avg Vol (1M)5,298.3
Stock P/E0
Book Value₹138.95
Dividend Yield—
ROE-1.3%
ROA—
Revenue (TTM)₹34 Cr
Revenue Growth—
Profit Margin—
Total Debt₹1 Cr
Shares Outstanding—
Face Value₹10
EPS (TTM)₹-1.66
P/B0.28
Debt / Equity0.11
50 DMA₹36.63
200 DMA₹38.53
Day change-2.23%
SurveillanceASM 1 (as of 2026-07-14)
Price Chart
₹35.1▼ 21.03% · 1Y
₹48₹304.6L
2025-07-17
2026-07-16

20-day avg volume: 5K shares

Pros
  • Company is almost debt-free.
  • Stock trades below its book value.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹11 Cr₹6 Cr₹7 Cr₹8 Cr₹8 Cr₹7 Cr₹7 Cr₹9 Cr
EBITDA₹0 Cr₹0 Cr₹1 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹3 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Revenue₹82 Cr₹67 Cr₹65 Cr₹58 Cr₹51 Cr₹44 Cr₹34 Cr
EBITDA₹7 Cr₹4 Cr₹1 Cr₹1 Cr₹0 Cr₹0 Cr₹0 Cr
Net Profit₹5 Cr₹2 Cr₹0 Cr₹-5 Cr₹-4 Cr₹-1 Cr₹-1 Cr
EPS5.152.24-1.02-2.63-2.26-1.62-0.76
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹165 Cr₹168 Cr₹153 Cr₹144 Cr₹141 Cr₹142 Cr₹139 Cr
Total Liabilities₹36 Cr₹38 Cr₹23 Cr₹19 Cr₹19 Cr₹23 Cr₹21 Cr
Equity₹129 Cr₹131 Cr₹131 Cr₹126 Cr₹122 Cr₹120 Cr₹118 Cr
Total Debt———————
Cash Flow
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹-3 Cr₹-12 Cr₹9 Cr₹22 Cr₹23 Cr₹-5 Cr₹2 Cr
Investing₹2 Cr₹-3 Cr₹8 Cr₹-5 Cr₹-5 Cr₹2 Cr₹3 Cr
Financing₹1 Cr₹16 Cr₹-13 Cr₹-19 Cr₹-19 Cr₹4 Cr₹-5 Cr
Free Cash Flow₹-3 Cr₹-12 Cr₹9 Cr₹22 Cr₹23 Cr₹-5 Cr₹2 Cr
Shareholding
Promoter 45.54% Institutions 0.59% Public 53.87%
Efficiency & Working Capital
ROCE1.6%
Interest Coverage0.1
Dividend Payout—
Debtor Days128 d
Inventory Days309 d
Payable Days42 d
Cash Conversion Cycle395 d
Working Capital Days437 d
Shareholding Details

As of 2026-03-31

Promoter45.5%
FII0%
DII0.6%
Institutions0.6%
Public53.9%
Promoter Pledge0%
No. of Shareholders8,639
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodJun 2023Sept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Promoters42.8%42.8%42.7%43.5%43.5%43.5%43.5%43.9%44.2%44.6%45.2%45.5%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0.6%0.6%
Public57.2%57.2%57.3%56.5%56.5%56.5%56.5%56.1%55.8%55.4%54.2%53.9%
Promoter Pledge0%0%0%0%0%0%0%0.1%0%0%0%0%
No. of Shareholders9,3209,2929,0209,1958,9469,0849,0278,9669,0068,8798,5988,639
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503————
Major Shareholders (>1%)
NameCategoryStakeShares
Madhav DoshiShareholding of Promoter and Promoter Group12.6%11,23,447
Aruna DoshiShareholding of Promoter and Promoter Group9.2%8,26,962
Mumal Marketing Private LimitedShareholding of Promoter and Promoter Group8.8%7,82,600
Sangeetha SPublic Shareholding7.9%7,09,343
Rajdarshan Industries LimitedShareholding of Promoter and Promoter Group4.7%4,23,162
Adheeraj Trade Links Private LimitedShareholding of Promoter and Promoter Group3.2%2,84,000
Sumal Finance And Investment Private LimitedShareholding of Promoter and Promoter Group2.6%2,35,250
Akshat Investments And Consultants Private LimitedShareholding of Promoter and Promoter Group2%1,76,060
Sanjay Ramanlal MunotPublic Shareholding1.4%1,22,287
Veena ParakhPublic Shareholding1.1%1,01,555
Khushi ParakhPublic Shareholding1.1%93,521
Riddhima DoshiShareholding of Promoter and Promoter Group0.9%83,663
Prema DoshiShareholding of Promoter and Promoter Group0.7%59,300
Raj Kumar BapnaShareholding of Promoter and Promoter Group0.2%20,400
Raj Kumar Bapna HufShareholding of Promoter and Promoter Group0.2%18,759
Sudhir Tej Singh DoshiShareholding of Promoter and Promoter Group0.1%11,501
Ankita BapnaShareholding of Promoter and Promoter Group0.1%8,154
Rekha BapnaShareholding of Promoter and Promoter Group0.1%5,400
Mumal KanthedShareholding of Promoter and Promoter Group0.1%4,300
Rajesh KhamesraShareholding of Promoter and Promoter Group0.1%4,100
Sumal DoshiShareholding of Promoter and Promoter Group0%3,750
Divya DoshiShareholding of Promoter and Promoter Group0%3,000
Jagdish DashoraShareholding of Promoter and Promoter Group0%500
Sudhir DoshiShareholding of Promoter and Promoter Group0%0
Anu KhamesraShareholding of Promoter and Promoter Group0%0
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Madhav Doshi00%2026-03-31
Aruna Doshi00%2026-03-31
Riddhima Doshi00%2026-03-31
Prema Doshi00%2026-03-31
Raj Kumar Bapna00%2026-03-31
Raj Kumar Bapna Huf00%2026-03-31
Sudhir Tej Singh Doshi00%2026-03-31
Ankita Bapna00%2026-03-31
Rekha Bapna00%2026-03-31
Mumal Kanthed00%2026-03-31
Rajesh Khamesra00%2026-03-31
Sumal Doshi00%2026-03-31
Board of Directors
NameDesignationYear
Devendra ManchandaChairman & Independent Directo2025
Surabhi YadavIndependent Non Exe. Director2025
Pachampet Yegnaswamy VenkataramanIndependent Non Exe. Director2025
Arumugam SivadasanIndependent Non Exe. Director2025
Madhav DoshiED / MD / CEO / Promoter2025
Riddhima DoshiWTD & Executive Director2025
Priyanka ManawatCompany Sec. & Compli. Officer2025
Segments — Product
SegmentRevenueShare
Granite & Stone Division₹31 Cr95.8%
Realty Division₹0 Cr0%
Power Generation Unit₹1 Cr4.2%
Segments — Geography
RegionRevenueShare
Revenue from customers Outside Indi₹30 Cr92.7%
Revenue from customers within India₹2 Cr7.3%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹101799
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2025300003
2025300003
2025000000
Insider / Designated-Person Trades

30 recent disclosure(s)

MADHAV DOSHIAcquisition · 20,300
MADHAV DOSHIAcquisition · 6,057
MADHAV DOSHIAcquisition · 5,468
MADHAV DOSHIAcquisition · 4,008
MADHAV DOSHIAcquisition · 4,150
RIDDHIMA DOSHIAcquisition · 895
Company Information
Incorporated1989
ChairmanDevendra Manchanda
AuditorNyati & Associates
Investor Email[email protected], madhavnorth@
🌐 www.madhavmarbles.com ↗

📍 Third Floor Mumal Towers, 16 Saheli Marg, Udaipur, Rajasthan, 313001

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

Log inSign up free

More stocks

Laxmi Organic Indus Ltd.Lyka Labs Ltd.Lypsa Gems & Jewel Ltd.Maan Aluminium LimitedMacobs Technologies Ltd.Macpower CNC Machines Ltd.Vaidya Sane Ayur Lab Ltd.Madhav Infra Projects LimitedMadhucon Projects Ltd.Madhusudan Masala LimitedMadras Fertilisers Ltd.Mafatlal Industries Ltd.All “M” stocks →

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search