Madhav Marbles and Granites' Q1 FY 2026-27 Quarterly Results

Result Summary

• Madhav Marbles and Granites Ltd reported a 39.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a decline of 3.9%.
• Its expenses for the quarter were down by 23.2% QoQ and 3.8% YoY.
• The net profit decreased 153.7% QoQ and increased 344.4% YoY.
• The earnings per share (EPS) of Madhav Marbles and Granites Ltd declined at 0.89 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Madhav Marbles and Granites Ltd operates in the natural stone industry, primarily engaged in the manufacturing and export of granite and marble slabs and tiles. The company is known for its diverse range of products, which include a variety of stones sourced from its quarries and processed in its facilities. Madhav Marbles and Granites Ltd serves both domestic and international markets, catering to customers in construction and interior design sectors. As of the most recent updates, there are no specific major developments or changes in the company's operations or market focus.

Revenue

During the first quarter of fiscal year 2027 (Q1FY27), Madhav Marbles and Granites Ltd reported a total income of ₹8.45 crores. This represents a decrease of 39.0% compared to the previous quarter (Q4FY26), where the total income was ₹13.86 crores. Year-over-year, there is a marginal decline of 3.9% in total income when compared to ₹8.79 crores in Q1FY26. The decline in total income both quarter-over-quarter and year-over-year may reflect changes in sales volumes, pricing, or market conditions within the company's operational scope.

Profitability

The profitability metrics for Madhav Marbles and Granites Ltd in Q1FY27 reveal a profit before tax of -₹0.31 crores, a significant shift from the profit of ₹2.48 crores reported in Q4FY26. This represents a quarter-over-quarter change of -112.5%. Compared to Q1FY26, where the profit before tax was -₹0.32 crores, there is a minimal year-over-year improvement of 3.1%. The tax expense for Q1FY27 was ₹0.04 crores, consistent with Q1FY26, but down by 93.4% from the previous quarter. The company recorded a profit after tax of -₹0.80 crores in Q1FY27, contrasting with a profit of ₹1.49 crores in Q4FY26, and marking a year-over-year increase of 344.4% from -₹0.18 crores in Q1FY26. Earnings per share followed a similar trend, at -₹0.89 in Q1FY27, down from ₹1.67 in Q4FY26, but up 345.0% from -₹0.20 in Q1FY26.

Operating Metrics

Total expenses for Madhav Marbles and Granites Ltd in Q1FY27 were ₹8.76 crores, a decrease of 23.2% from Q4FY26, where expenses stood at ₹11.40 crores. On a year-over-year basis, expenses decreased by 3.8% from ₹9.11 crores in Q1FY26. The changes in expenses might relate to shifts in operational efficiencies, cost management strategies, or variations in raw material costs. The company's operational performance, as reflected through these metrics, shows fluctuations in both income and expenses, highlighting the dynamic nature of its financial performance over the analyzed periods.