Operates in a single business segment of marble and stone surfaces, generating ₹97.21 crore in consolidated revenue for FY26. The company is classified under construction materials and other construction materials, with its registered office in New Delhi and listing on BSE. Consolidated revenue grew 82% year-on-year in FY26, while net profit after tax rose 272% to ₹8.86 crore, with an EBITDA margin of 30.04%. The business is carried out through the parent entity and its subsidiary, Mega Surfaces and Lifestyle Private Limited, which is consolidated in the financials. Materials account for 76% of revenue, making raw stone/marble the dominant cost input, followed by employees at 5.6% and other operating expenses at 5.0%. Finance costs of ₹1,423.84 lakhs in FY26 indicate a meaningful debt load. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Marble and stone surfaces (100%). Single-segment construction materials business in marble and stone surfaces.
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 97 |
| EBITDA (ex other income) | 26 |
| margin % | 27.1 |
| Owners' profit | 7 |
| EPS, as reported (₹) | 2.79 |
| ROE % · ROCE % | 9.5 · 15.4 |
| Debt / equity (x) | 1.25 |
| Cash from operations | (20) |
| Capex | (2) |
| ₹ crore | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|
| Revenue | 20 | 25 | 18 | 34 |
| Profit before tax | 3 | 4 | 2 | 3 |
| Net profit | 2 | 3 | 2 | 2 |
| EPS (₹) | 0.82 | 1.08 | 0.42 | 0.65 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| MIDWEST ENERGY LIMITED | 4,601 | 551.6 | 11.55 | — | (3.5) | (2.3) | — | 19.4 |
| RAMCO INDUSTRIES LIMITED | 2,804 | 8.6 | 0.62 | 11.2 | 6.8 | 4.3 | 8.2 | 19.2 |
| BIRLANU LIMITED | 1,101 | — | 0.99 | 18.4 | (10.8) | (6.5) | 4.2 | 6.8 |
| ARISINFRA SOLUTIONS LTD | 1,025 | 14.7 | 1.37 | 8.8 | 8.0 | 10.2 | — | 12.0 |
| EVEREST INDUSTRIES LTD | 646 | — | 1.31 | — | (20.6) | (16.0) | 3.1 | 31.7 |
| MARBLE CITY INDIA LIMITED ◆ | 440 | 58.0 | 4.72 | 18.9 | 9.5 | 7.0 | — | 23.5 |
| SAHYADRI INDUSTRIES LTD |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Non-promoter Salsett Vinimay crosses 10% in Marble City India | ownership changes | medium | — | — |
| 8 Sept 2026 · Book closure from 23 to 30 Sep 2026 for AGM | compliance | minimal | — | — |
| 8 Sept 2026 · Marble City India submits Annual Report for FY 2025-26; AGM on Sept 30, 2026 | compliance | medium | — | — |
| 17 Aug 2026 · Marble City India Q1 FY27 Results Published | compliance | minimal | — | — |
| 7 Aug 2026 · Board meeting on Aug 13 to approve Q1 FY27 unaudited results | results | low | — | — |
| 31 Jul 2026 · Marble City India appoints Mr. Laxman as Chief Financial Officer | management changes | high | — | — |
| 25 Jul 2026 · 11.42 lakh warrants lapse; Marble City forfeits Rs 2.87 cr upfront | fund raising | high | — | — |
| 24 Jul 2026 · Board approves conversion of 3,85,000 warrants into equity shares | fund raising | high | — | — |
| 13 Jul 2026 · Compliance certificate under Reg 74(5) of SEBI (DP) Regulation 2018 for the period ended on 30.06.2026 | compliance | minimal | — | — |
| 4 Jul 2026 · Clarification on recent share price movement | regulatory legal | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 429 |
| 9.6 |
| 1.06 |
| — |
| 7.1 |
| 9.4 |
| — |
| 16.1 |
| NIDHI GRANITES LTD. | 204 | 17.7 | 9.05 | 16.0 | 34.1 | 45.3 | — | 28.6 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 58.0 | 37.0 | 12 of 20 | 42% |
| P/B | 4.7 | 1.6 | 16 of 20 | 21% |
| ROCE | 7.0 | 2.8 | 7 of 22 | 71% |
| ROE | 9.5 | 2.8 | 3 of 21 | 90% |
| Debt / Equity | 1.3 | 0.1 | 20 of 21 | 5% |
| EBITDA margin | 23.5 | 16.7 | 4 of 16 | 80% |
| Market cap | 440 | 49 | 6 of 22 | 76% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
