BSE: 526095
RAVILEELA GRANITES LTD.
Processes granite at a facility in Prakasam district, Andhra Pradesh, with its registered office in Secunderabad, Telangana. The BSE-listed company (scrip code 526095) buys raw material, its biggest cost at 46.9% of FY26 revenue, and converts it into finished granite products sold through export and domestic channels. FY26 revenue grew 39.2% year-on-year, and the company swung to a net profit from a loss the prior year. Other operating costs took 20.8% of revenue, employee costs 8.0% and depreciation 3.4%; no capital expenditure was reported in FY26. Sales and marketing, covering roughly Rs 130 crore in export revenue across the company and the affiliated QuartzKraft LLP, is headed by a director appointed to the board in July 2026. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Granite processing and sales. Small, single-site granite processor with export-led sales
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 31 | 30 | 31 | 41 | 57 |
| EBITDA (ex other income) | 3 | 5 | 3 | (0) | 13 |
| margin % | 10.7 | 17.8 | 10.1 | (0.1) | 22.9 |
| Owners' profit | 2 | (2) | (1) | (3) | 10 |
| EPS, as reported (₹) | 1.50 | (1.54) | (0.57) | (3.03) | 9.38 |
| ROE % · ROCE % | 9.1 · 14.6 | (10.3) · 11.5 | (3.9) · 10.6 | (26.3) · (2.8) | 45.4 · 42.5 |
| Debt / equity (x) | 2.55 | 2.78 | 2.86 | 4.18 | 2.63 |
| Cash from operations | 4 | 4 | 4 | (2) | (5) |
| Capex | 0 | (0) | (0) | (0) | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8 | 8 | 16 | 13 | 13 | 9 | 23 | 20 |
| Profit before tax | (0) | (1) | (1) | 4 | 3 | 1 | 4 | 4 |
| Net profit | (0) | (2) | (0) | 3 | 2 | 0 | 4 | 2 |
| EPS (₹) | (0.16) | (1.52) | (0.21) | 3.12 | 2.34 | 0.24 | 3.68 | 2.26 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| RAMCO INDUSTRIES LIMITED | 2,504 | 7.6 | 0.55 | 10.0 | 6.8 | 4.3 | 8.2 | 19.2 |
| ARISINFRA SOLUTIONS LTD | 1,159 | 16.6 | 1.54 | 10.1 | 8.0 | 10.2 | — | 12.0 |
| BIRLANU LIMITED | 946 | — | 0.85 | 16.9 | (10.8) | (6.5) | 4.2 | 6.8 |
| EVEREST INDUSTRIES LTD | 766 | — | 1.55 | — | (20.6) | (16.0) | 3.1 | 31.7 |
| MARBLE CITY INDIA LIMITED | 393 | 51.9 | 4.21 | 17.3 | 9.5 | 7.0 | — | 23.5 |
| SAHYADRI INDUSTRIES LTD | 350 | 7.8 | 0.86 | — | 7.1 | 9.4 | — | 16.1 |
| MIDWEST ENERGY LIMITED | 348 | 221.9 | 0.87 | — | (3.5) | (2.3) | — | 19.4 |
| GLITTEK GRANITES LTD. | 199 | 226.9 | 18.19 | — | (3.6) | (3.6) | — | — |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 7.2 | 27.1 | 2 of 17 | 94% |
| P/B | 3.0 | 1.5 | 15 of 20 | 26% |
| ROCE | 34.3 | 2.8 | 2 of 22 | 95% |
| ROE | 45.4 | 2.5 | 1 of 20 | 100% |
| Debt / Equity | 2.6 | 0.1 | 20 of 20 | 0% |
| EBITDA margin | 24.1 | 16.7 | 3 of 16 | 87% |
| Revenue growth | 50.6 | 14.0 | 4 of 18 | 82% |
| Profit growth | (27.7) | 83.2 | 16 of 19 | 17% |
| Market cap | 65 | 49 | 11 of 22 | 52% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 13 Oct 2026 · Quarterly compliance certificate for dematerialisation of securities | compliance | minimal | — | — |
| 2 Oct 2026 · Ravileela Granites: 36th AGM results - all 3 resolutions passed | compliance | minimal | — | — |
| 30 Sept 2026 · 36th AGM held on 30 Sept 2026; 3 resolutions tabled via e-voting | board shareholder meetings | low | — | — |
| 28 Sept 2026 · Trading window closed from Oct 1 ahead of Q2 results | compliance | minimal | — | — |
| 9 Sept 2026 · Newspaper advertisement for 36th AGM notice and e-voting info | compliance | minimal | — | — |
| 8 Sept 2026 · 36th Annual Report filed; AGM set for 30 Sep 2026 via video conferencing | board shareholder meetings | medium | — | — |
| 8 Sept 2026 · Record date fixed at Sept 23, 2026 for 36th AGM e-voting | board shareholder meetings | low | — | — |
| 8 Sept 2026 · Book closure Sept 24 to 30, 2026 for 36th AGM | corporate actions | low | — | — |
| 8 Sept 2026 · 36th AGM scheduled for September 30, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 30 Jul 2026 · Unaudited Q1 FY27 results published in newspapers | compliance | minimal | — | — |
How to read this document
| 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 | 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 |
Sources, method and disclosures
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.