Madhav Marbles And Granites Limited

Granite processing and power generation with EOU in Tamil Nadu.

1989 | Udaipur, Rajasthan (India) | Active
Last Updated: July 15, 2024

Madhav Marbles And Granites Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 8.95 Cr
  • Company Age 35 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 86.37 Cr
  • Satisfied Charges ₹ 106.93 Cr
  • Revenue Growth -10.34%
  • Profit Growth -51.45%
  • Ebitda -73.86%
  • Net Worth 0.53%
  • Total Assets 0.86%

About Madhav Marbles And Granites

Madhav Marbles And Granites Limited (MMAGL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 April 1989 and has a history of 35 years and nine months. Its registered office is in Udaipur, Rajasthan, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 515093 and on the National Stock Exchange(NSE) under MADHAV.

The Corporate was formerly known as Maadhav Granite And Realty Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 18.00 Cr and a paid-up capital of Rs 8.95 Cr.

The company currently has active open charges totaling ₹86.37 Cr. The company has closed loans amounting to ₹106.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Madhav Marbles And Granites Limited India are Siddhaiyan Selvam as CFO and Priyanka Manawat as Company Secretary. Ravikumar Krishnamurthi, Swati Yadav, Riddhima Doshi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Udaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L14101RJ1989PLC004903

  • Company No.

    004903

  • Stock Symbol

    BSE : 515093 NSE : MADHAV

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Apr 1989

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Jaipur

Industry

Manufacturing

What products or services does Madhav Marbles And Granites Limited offer?

Madhav Marbles And Granites Limited offers a wide range of products and services, including Granite, Granite Slab, Granite, Marble, Sandstone & Others.

Who are the key members and board of directors at Madhav Marbles And Granites?

Executive Team (3)

Name Designation Appointment Date Status
Madhav Doshi Country flag representing Us Managing Director 01-May-2018 Current
Siddhaiyan Selvam Country flag representing In CFO 01-Nov-2017 Current
Priyanka Manawat Country flag representing In Company Secretary 06-Jan-2009 Current

Board Members (5)

Name Designation Appointment Date Status
Riddhima Doshi Country flag representing In Whole-Time Director 01-Feb-2021 Current
Ravikumar Krishnamurthi Country flag representing In Director 30-Nov-1993 Current
Swati Yadav Country flag representing In Director 01-Mar-2015 Current
Pachampet Venkataraman Additional Director 04-May-2024 Current
Arumugam Sivadasan Additional Director 04-May-2024 Current

Financial Performance of Madhav Marbles And Granites.

Madhav Marbles And Granites Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.34% decrease. The company also saw a substantial fall in profitability, with a 51.45% decrease in profit. The company's net worth moved up by a moderate rise of 0.53%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-10.34%
Revenue from Operations
-11.74%
Total Assets
0.86%
Profit or Loss
-51.45%
Net Worth
0.53%
EBITDA
-73.86%

What is the Ownership and Shareholding Structure of Madhav Marbles And Granites?

In 2022, Madhav Marbles And Granites had a promoter holding of 42.10% and a public holding of 57.90%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹86.37 Cr

Satisfied Charges

₹106.93 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 85.85 Cr
  • Others : 0.52 Cr

Latest Charge Details

Date Lender Amount Status
18 Aug 2021 Others ₹5.20 M Open
01 May 2019 Hdfc Bank Limited ₹43.00 Cr Open
30 Jun 2017 Hdfc Bank Limited ₹42.85 Cr Open
19 Jul 2008 State Bank Of India ₹4.02 Cr Satisfied
20 Apr 2007 State Bank Of Indore ₹15.00 Cr Satisfied

How Many Employees Work at Madhav Marbles And Granites?

Unlock and access historical data on people associated with Madhav Marbles And Granites, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Madhav Marbles And Granites, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Madhav Marbles And Granites's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Madhav Marbles And Granites

Recent activity within the organization

  • Director Appointment

    Pachampet Yegnaswamy Venkataraman was appointed as a Additional Director was appointed as a Additional Director on 04 May 2024 & has been associated with this company since 8 months 29 days .

    04 May 2024

  • Director Appointment

    Arumugam Sivadasan was appointed as a Additional Director was appointed as a Additional Director on 04 May 2024 & has been associated with this company since 8 months 29 days .

    04 May 2024

  • Annual General Meeting

    Madhav Marbles And Granites Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Madhav Marbles And Granites Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 42.85 Cr registered on 30 Jun 2017 with Charge ID 100115042 was modified on 04 Jan 2023.

    04 Jan 2023

  • Charges

    A charge with Others amounted to Rs. 0.52 Cr with Charge ID 100481793 was registered on 18 Aug 2021.

    18 Aug 2021

Frequently asked questions

  • Madhav Marbles And Granites Limited was incorporated on 07 Apr 1989.

  • The authorized share capital of Madhav Marbles And Granites Limited is ₹ 18.00 Cr and paid-up capital is ₹ 8.95 Cr.

  • Currently 8 directors are associated with Madhav Marbles And Granites Limited.

    • Ravikumar Krishnamurthi
    • Swati Yadav
    • Riddhima Doshi
    • Madhav Doshi
    • Pachampet Yegnaswamy Venkataraman
    • Arumugam Sivadasan
    • Siddhaiyan Panneer Selvam
    • Priyanka Manawat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Madhav Marbles And Granites Limited is First Floor Mumal Towers, 16 Saheli Marg, Udaipur, Rajasthan, India, 313001.

  • The corporate identification number (CIN) of Madhav Marbles And Granites Limited is L14101RJ1989PLC004903 and the company number is 004903 as per Ministry of Corporate Affairs (MCA).

  • Yes, Madhav Marbles And Granites Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MADHAV.

  • The Official website of Madhav Marbles And Granites Limited is https://www.madhavmarbles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Madhav Marbles And Granites Limited has fallen by -10.34%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Madhav Marbles And Granites Limited has experienced an upsurge of 0.53%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Madhav Marbles And Granites Limited amount to ₹ 86.37 Cr.

  • The most recent Balance Sheet for Madhav Marbles And Granites Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Ceramics, Sanitaryware & Tile