Madhav Marbles And Granites Limited - Company Profile

It is a manufacturing public limited company based in Udaipur, Rajasthan, India, established in 1989.

1989 Udaipur, Rajasthan, India Active

Last Updated: December 15, 2025

About Madhav Marbles And Granites Limited

Madhav Marbles And Granites Limited, a active public limited company, was established on 07 April 1989 in Udaipur, Rajasthan, India. Engaging in sanitaryware & tile within the electricity, gas, steam and air condition supply sector, it holds CIN: L14101RJ1989PLC004903. Registered under ROC Roc Jaipur. it is listed on BSE: 515093 and NSE: MADHAV. It has an authorized capital of ₹18.00 Cr and a paid-up capital of ₹8.95 Cr.

Formerly known as Maadhav Granite And Realty Limited. It upholds a compliant status. In 2023, it reported revenue of ₹52.28 Cr and a net worth of ₹137.19 Cr. Its leadership includes Arumugam Sivadasan (Director), Pachampet Yegnaswamy Venkataraman (Director), Surabhi Yadav (Director). Past directors included Arvind Laxman Apte, Prakash Kumar Verdia, Roshan Lal Nagar. It holds ₹85.67 Cr open charges and ₹106.93 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at First Floor, Mumal Towers 16, Saheli Marg, Udaipur, Rajasthan, 313001.

Company Details

CIN/LLPIN
L14101RJ1989PLC004903
Registration Number
004903
Incorporation Date
07 April 1989
Authorized Capital
₹18.00 Cr
Paid-Up Capital
₹8.95 Cr
ROC Code
Roc Jaipur
Listing Status
Listed (BSE: 515093, NSE: MADHAV)
Company Status
Active

Key Metrics

Authorised Capital ₹ 18.00 Cr as on 15-12-2025
Paid Up Capital ₹ 8.95 Cr as on 15-12-2025
Company Age 36 Year, 10 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 85.67 Cr as on 15-12-2025
Satisfied Charges ₹ 106.93 Cr as on 15-12-2025
Revenue Growth **** -10.34% (FY 2023)
Profit Growth **** -51.45% (FY 2023)
Ebitda **** -73.86% (FY 2023)
Net Worth 0.53% (FY 2023)
Total Assets **** 0.86% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Madhav Marbles And Granites Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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

Current Directors

Name	Designation	Appointment Date	Status
Arumugam Sivadasan	Director	05 Apr 2024	Current
Pachampet Yegnaswamy Venkataraman	Director	01 Apr 2024	Current
Surabhi Yadav	Director	01 Apr 2025	Current
Madhav Doshi	Managing Director	01 May 2018	Current
Riddhima Doshi	Whole-Time Director	01 Feb 2021	Current
Ravikumar Krishnamurthi	Director	30 Nov 1993	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	01 Apr 2008	Past
Pramod Abcsdd	Additional Director	26 Sep 2009	Past
Pramod Abcsdd	Additional Director	26 Sep 2009	Past
Pramod Abcsdd	Additional Director	17 May 2024	Past
Pramod Abcsdd	Additional Director	17 May 2024	Past
Pramod Abcsdd	Additional Director	03 Jul 2025	Past

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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%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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%

*******

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

In 2023, Madhav Marbles And Granites had a promoter holding of 42.60% and a public holding of 57.41%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹856,700,000.00

Satisfied Charges

₹1,069,315,000.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 85.15 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	₹42.15 Cr	Open
19 Jul 2008	State Bank Of India	₹4.02 Cr	Satisfied
20 Apr 2007	State Bank Of Indore	₹15.00 Cr	Satisfied

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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.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

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

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.

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

Recent Activity within the Organization

Director Appointment

The activity Surabhi Yadav was appointed as a Director was appointed as a Director on 01 Apr 2025 & has been associated with this company since 11 months 1 day . was completed.
01 Apr 2025
Director Appointment

The activity Devendra Manchanda was appointed as a Director was appointed as a Director on 01 Nov 2024 & has been associated with this company since 1 year 4 months . was completed.
01 Nov 2024
Annual General Meeting

The activity Madhav Marbles And Granites Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
30 Sep 2024
Director Appointment

Progress on Arumugam Sivadasan was appointed as a Director was appointed as a Director on 05 Apr 2024 & has been associated with this company since 1 year 10 months . was documented.
05 Apr 2024
Director Appointment

The activity Pachampet Yegnaswamy Venkataraman was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 11 months . was completed.
01 Apr 2024
Balance Sheet

The activity Madhav Marbles And Granites Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur. was completed.
31 Mar 2024

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