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  7. Madhav Granite & Realty Ltd
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HomeStocksGranites & MarblesMadhav Granite & Realty Ltd

Madhav Granite & Realty Ltd Stock Price Today (NSE: MADHAV)

Madhav Granite & Realty Ltd

MADHAVGranites & Marbles
₹30.94₹2.03 (6.40%)↓
As on 30 Mar 2026, 12:04 pm ISTMarket Closed

Fundamental Score

...

Madhav Granite & Realty Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Madhav Granite & Realty Ltd share price today is ₹30.94, down 6.40% on NSE/BSE as of 30 March 2026. Madhav Granite & Realty Ltd (MADHAV) is a Small-cap company in the Granites & Marbles sector with a market capitalisation of ₹38.10 (Cr). The 52-week high for MADHAV share price is ₹53.88 and the 52-week low is ₹29.11. The company has a Return on Equity (ROE) of -0.60% and a debt-to-equity ratio of 0.08.

Madhav Granite & Realty Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
Low
₹0.00
Volume
0
Change
-6.40%

Returns & Performance

Poor

ROE

-0.60%
Poor

ROCE

0.12%
Poor

OPM (5Y)

2.00%

Div Yield

0.00%

Madhav Granite & Realty Ltd Valuation Check

P/E Ratio

N/A
Poor

Industry P/E

22.06x
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Market Cap

38.10 (Cr)

Growth Engine

Poor

Profit Growth (Q)

-29.41%
Average

Sales Growth (Q)

15.35%
Poor

Sales Growth (5Y)

-12.43%

EPS Growth (5Y)

N/A

Profit Growth (5Y)

N/A

Balance Sheet Health

Excellent

Debt to Equity

0.08x
Poor

Int. Coverage

0.00x

Free Cash Flow (5Y)

45.93 (Cr)

Shareholding

Excellent

Promoter

44.59%
Poor

FII

0.00%
Poor

DII

0.00%
Excellent

Pledged

0.00%

Institutional Deep-Dive

Bull Run Research Hub

Financial Analysis of Madhav Granite & Realty Share Price

The market for granite and marble, typically considered a stable sector, faces evolving challenges from engineered stone and shifting consumer preferences for sustainable materials. This analysis examines the financial stability of Madhav Granite & Realty Ltd, focusing on key metrics influencing its valuation. Our analysis of Madhav Granite & Realty share price currently shows it trading at ₹36.93. The absence of a Price-to-Earnings (PE) ratio indicates potential profitability concerns or negative earnings, requiring deeper investigation.

One crucial factor is the Return on Capital Employed (ROCE) of 0.12%. This exceptionally low ROCE suggests the company is struggling to generate profits from its invested capital. A low ROCE significantly impacts the company's "moat," or competitive advantage. With such minimal returns, reinvesting for growth becomes difficult, potentially leading to stagnation and erosion of market share. A sustainable moat is typically characterized by ROCE values well above the cost of capital.

Comparing Madhav Granite & Realty Ltd with sector peers is essential. While a detailed comparison is beyond the scope of this immediate report, considering a peer like Midwest highlights potential divergences in management quality and operational efficiency. Differences in ROCE, revenue growth, and debt management between Madhav and its peers warrant a closer look to determine if the challenges are industry-wide or company-specific. A qualitative assessment of Midwest's leadership might reveal superior strategic decision-making contributing to its potential success.

The financial health of Madhav Granite & Realty Ltd requires further scrutiny. Key areas to investigate include revenue trends, cost structure, debt levels, and cash flow generation. The absence of a PE ratio and a very low ROCE are red flags that suggest potential underlying problems. This analysis is part of a broader 80-parameter fundamental audit verified by Sweta Mishra, and aims to provide an objective assessment based on publicly available data. This is an observational analysis and should not be construed as investment advice.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

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

Madhav Granite & Realty Ltd Fundamental Analysis & Valuation Benchmarking

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

Positive Indicators

4 factors identified

Strong Revenue Growth (15.35%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Conservative Debt Levels (D/E: 0.08)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Cash Generation (₹45.93 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

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

Risk Factors

7 factors identified

Below-Average Return on Equity (-0.60%)

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 (0.12%)

Observation: Returns on capital employed are below expectations.

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

Margin Pressure Concerns (2.00%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Profit Decline Concern (-29.41%)

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

Analysis: Declining profitability requires investigation into underlying causes.

Limited Growth History (-12.43% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Weak Interest Coverage (0.00x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Madhav Granite & Realty Ltd Financial Statements

Comprehensive financial data for Madhav Granite & Realty Ltd including income statement, balance sheet and cash flow

About MADHAV (Madhav Granite & Realty Ltd)

Madhav Granite & Realty Ltd is a multifaceted entity deeply rooted in the realm of natural stone, showcasing a commitment to both craftsmanship and innovation. The company speciali...zes in the extraction, processing, and distribution of a diverse range of exquisite granites and marbles, sourced from quarries known for their distinctive colors, textures, and durability. Madhav goes beyond simply supplying raw materials, transforming these natural treasures into refined slabs and tiles, meticulously crafted to meet the discerning demands of architects, designers, and homeowners alike. Their dedication to quality is evident in every stage of production, from careful selection of the raw material to precision cutting and polishing, resulting in products that are both aesthetically pleasing and structurally sound. Beyond the realm of stone, Madhav Granite & Realty extends its vision into the world of property development, reflecting an ambition to create spaces that harmoniously blend natural beauty with modern functionality. They actively engage in real estate ventures, aiming to craft residential and commercial properties that embody elegance and sustainability. These projects are not simply buildings, but rather thoughtfully designed environments that enhance the lives of their inhabitants, incorporating elements of nature and architectural ingenuity. This dual focus on both natural stone and real estate allows Madhav to create synergistic opportunities, utilizing their expertise in stone to enhance the appeal and value of their property developments. Furthermore, Madhav Granite & Realty demonstrates a commitment to environmental responsibility through its investment in renewable energy. The company operates a portfolio of wind turbine generators, contributing to a cleaner and more sustainable energy future. This dedication to green energy not only reduces their carbon footprint but also aligns with their broader commitment to responsible corporate citizenship. By integrating sustainable practices into their operations, Madhav is positioning itself as a forward-thinking organization that values both profit and the planet, ensuring a legacy that extends beyond the bottom line.

Company Details

Symbol:MADHAV
Industry:Granites & Marbles
Sector:Granites & Marbles
Website:https://www.madhavmarbles.com

Key Leadership

Mr. Madhav Doshi
CEO, MD & Executive Director
Ms. Riddhima Doshi
President & Whole Time Director
Mr. S. Panneerselvam
Chief Financial Officer

Corporate Events

Recent
Ex-Dividend Date
2022-09-23

Latest News

Q4 results today: Adani Ports, Zomato, and Adani Enterprises on May 1 - Business Standard
Business Standard• 5/1/2025
Beyond Borders: How Madhav Immigration Pvt. Ltd. Is Guiding India’s Migration Dreams from Small Towns - APN News
APN News• 7/25/2025
Taking back PoK is next step towards achieving Akhand Bharat' objective: Ram Madhav - Times of India
Times of India• 2/22/2020

MADHAV Share Price: Frequently Asked Questions

What is the current share price of Madhav Granite & Realty Ltd (MADHAV)?

As of 30 Mar 2026, 12:04 pm IST, Madhav Granite & Realty Ltd share price is ₹30.94. The MADHAV stock has a market capitalisation of ₹38.10 (Cr) on NSE/BSE.

Is MADHAV share price Overvalued or Undervalued?

MADHAV share price is currently trading at a P/E ratio of 0.00x, compared to the industry average of 22.06x. Based on this relative valuation, the Madhav Granite & Realty Ltd stock appears to be Fairly Valued against its sector peers.

What is the 52-week high and low of MADHAV share price?

The 52-week high of MADHAV share price is ₹53.88 and the 52-week low is ₹29.11. These values are updated daily from NSE/BSE price data.

What factors affect the Madhav Granite & Realty Ltd share price?

Key factors influencing MADHAV share price include quarterly earnings growth (Sales Growth: 15.35%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Madhav Granite & Realty Ltd a good stock for long-term investment?

Madhav Granite & Realty Ltd shows a 5-year Profit Growth of N/A% and an ROE of -0.60%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.08 before investing in MADHAV shares.

How does Madhav Granite & Realty Ltd compare with its industry peers?

Madhav Granite & Realty Ltd competes with major peers in the Granites & Marbles. Investors should compare MADHAV share price P/E of 0.00x and ROE of -0.60% against the industry averages to determine competitive standing.

What is the P/E ratio of MADHAV and what does it mean?

MADHAV share price has a P/E ratio of N/Ax compared to the industry average of 22.06x. Investors pay ₹N/A for every ₹1 of annual earnings.

How is MADHAV performing according to Bull Run's analysis?

MADHAV has a Bull Run fundamental score of 19.6/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does MADHAV belong to?

MADHAV operates in the Granites & Marbles industry. This classification helps understand the competitive landscape and sector-specific trends affecting Madhav Granite & Realty Ltd share price.

What is Return on Equity (ROE) and why is it important for MADHAV?

MADHAV has an ROE of -0.60%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Madhav Granite & Realty Ltd generates profits from shareholders capital.

How is MADHAV debt-to-equity ratio and what does it indicate?

MADHAV has a debt-to-equity ratio of 0.08, which indicates conservative financing with low financial risk.

What is MADHAV dividend yield and is it a good dividend stock?

MADHAV offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Madhav Granite & Realty Ltd shares.

How has MADHAV share price grown over the past 5 years?

MADHAV has achieved 5-year growth rates of: Sales Growth -12.43%, Profit Growth N/A%, and EPS Growth N/A%.

What is the promoter holding in MADHAV and why does it matter?

Promoters hold 44.59% of MADHAV shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Madhav Granite & Realty Ltd.

What is MADHAV market capitalisation category?

MADHAV has a market capitalisation of ₹38 crores, placing it in the Small-cap category.

How volatile is MADHAV stock?

MADHAV has a beta of N/A. A beta > 1 suggests the Madhav Granite & Realty Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is MADHAV operating profit margin trend?

MADHAV has a 5-year average Operating Profit Margin (OPM) of 2.00%, indicating the company's operational efficiency.

How is MADHAV quarterly performance?

Recent quarterly performance shows Madhav Granite & Realty Ltd YoY Sales Growth of 15.35% and YoY Profit Growth of -29.41%.

What is the institutional holding pattern in MADHAV?

MADHAV has FII holding of 0.00% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the Madhav Granite & Realty Ltd stock.

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Frequently Asked Questions about Madhav Granite & Realty Ltd

What is the current share price of Madhav Granite & Realty Ltd?

Madhav Granite & Realty Ltd (MADHAV) trades at ₹30.94 on NSE and BSE. Market cap ₹38.10 (Cr). Educational data only.

What is the P/E ratio of Madhav Granite & Realty Ltd?

Madhav Granite & Realty Ltd has a P/E of N/Ax vs industry average 22.06x.

What is the Bull Run score for Madhav Granite & Realty Ltd?

Madhav Granite & Realty Ltd has a Bull Run score of 19.6/100 based on 25+ financial parameters.

Does Madhav Granite & Realty Ltd pay dividends?

Madhav Granite & Realty Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Madhav Granite & Realty Ltd?

Madhav Granite & Realty Ltd has ROE of -0.60%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Madhav Granite & Realty Ltd?

Madhav Granite & Realty Ltd has debt-to-equity of 0.08.

Is Madhav Granite & Realty Ltd a good investment?

Bull Run gives Madhav Granite & Realty Ltd a score of 19.6/100. This is not investment advice — consult a SEBI-registered advisor.