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ELEGANT MARBLES & GRANI INDUSTRIES LTD.

25 July 2025 | 12:00

Industry >> Granites/Marbles

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ISIN No INE095B01010 BSE Code / NSE Code 526705 / ELEMARB Book Value (Rs.) 490.17 Face Value 10.00
Bookclosure 09/07/2025 52Week High 299 EPS 15.87 P/E 14.69
Market Cap. 69.08 Cr. 52Week Low 205 P/BV / Div Yield (%) 0.48 / 0.43 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
YEAR EVENTS 1984 - The Company was incorporated under the name and style of "Elegant Marbles Private Limited" on 5th November.

- The Company was promoted by Mr. Rajesh Agrawal & Mr. Rakesh Agrawal to set up a plant to manufacture Polished Marble Tiles with an installed capacity of 33,000 sq.mtrs per annum. the project was implemented in a period of six months and commenced production in August 1985.

1987 - With a view to broad base its product range and take advantage of growing market the Company diversified into manufacture of Marble Slabs by setting up production facilities with an installed capacity to manufacture 47,000 sq. mtrs of Marble Slabs per annum.

1989 - The Company started trading in Granite Tiles & Slabs and executed export orders to USA, Europe, Middle East and Singapore.

- Keeping in mind the growing demand for Indian Granie both in the Domestic and Foreign markets and the thrust given by Government of India for development of Granite Industry, the Company set up production facilities to manufacture 16,100 sq. mts of Granite Slabs per annum at its existing site at Abu Road.

1994 - The Company is one of the few plants in the country where integrated production facilities for Marble Tiles, Marble Slabs and Granite Slabs are available under one roof.

- The name of the Company was changed to Elegant Marbles and Grani Industries Pvt Ltd on 8th June, and was converted into a Public Limited Company on 11th July, and acquired its present name.

1995 - The Company also inaugurated a new retail outlet in the heart of Bombay's marble market situated near the Airport on Western Express Highway.

- The Company is also planning in the current year to set up representative offices all over India for effective marketing of its products.

- The Company has been awarded the much coveted GOVERNMENT RECOGNISED EXPORT HOUSE STATUS which is a matter of great prestige for the Company.

1998 - The company has purchased a large showroom cum corporate office adjacent to its existing office at Lower Parel, Mumabi.

2012

- The Company has recommended a Dividend of 20%

2013 -Elegant Marbles & Grani Industries Ltd has recommended Dividend on Equity Shares @ 20% i.e. Rs. 2/- per Equity Share.