Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Madhav Marbles
Quarter-by-quarter operating performance
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 9.20 | 11.61 | 11.14 | 10.66 | 6.50 | 11.59 | 10.60 | 5.93 | 6.85 | 7.67 | 8.03 | 6.84 | 6.60 |
| Expenses + | 10.12 | 11.02 | 10.41 | 11.33 | 8.12 | 10.96 | 10.08 | 6.74 | 5.79 | 8.53 | 8.05 | 7.62 | 6.78 |
| Operating Profit | -0.92 | 0.59 | 0.73 | -0.67 | -1.62 | 0.63 | 0.52 | -0.81 | 1.06 | -0.86 | -0.02 | -0.78 | -0.18 |
| OPM % | -10.00% | 5.08% | 6.55% | -6.29% | -24.92% | 5.44% | 4.91% | -13.66% | 15.47% | -11.21% | -0.25% | -11.40% | -2.73% |
| Other Income + | 1.66 | 0.58 | 0.58 | 0.89 | 0.83 | 1.38 | 0.57 | 1.21 | -0.03 | 1.21 | 0.77 | 1.28 | 0.59 |
| Interest | 0.55 | -0.23 | 0.29 | 0.70 | 0.41 | 0.38 | 0.24 | 0.23 | 0.74 | 0.25 | 0.35 | 0.59 | 0.30 |
| Depreciation | 1.03 | 1.27 | 0.76 | 0.64 | 0.64 | 0.74 | 0.77 | 0.50 | 0.47 | 0.82 | 0.72 | 0.62 | 0.83 |
| Profit before tax | -0.84 | 0.13 | 0.26 | -1.12 | -1.84 | 0.89 | 0.08 | -0.33 | -0.18 | -0.72 | -0.32 | -0.71 | -0.72 |
| Tax % | 0.00% | -553.85% | 61.54% | -10.71% | -2.17% | 11.24% | 137.50% | 3.03% | 83.33% | 9.72% | 12.50% | 1.41% | -4.17% |
| Net Profit + | -1.70 | 0.42 | 0.02 | -0.77 | -2.15 | 1.45 | -0.03 | -0.34 | -0.32 | 0.02 | -0.18 | -0.44 | -0.49 |
| EPS in Rs | -1.90 | 0.47 | 0.02 | -0.86 | -2.40 | 1.62 | -0.03 | -0.38 | -0.36 | 0.02 | -0.20 | -0.49 | -0.55 |
Financials of Madhav Marbles
Annual income statement trend
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 76.96 | 60.31 | 62.02 | 53.36 | 47.23 | 39.90 | 31.06 | 29.14 |
| Expenses + | 69.78 | 57.93 | 59.05 | 51.27 | 46.66 | 40.83 | 31.09 | 30.98 |
| Operating Profit | 7.18 | 2.38 | 2.97 | 2.09 | 0.57 | -0.93 | -0.03 | -1.84 |
| OPM % | 9.33% | 3.95% | 4.79% | 3.92% | 1.21% | -2.33% | -0.10% | -6.31% |
| Other Income + | 4.89 | 6.72 | 3.40 | 4.15 | 4.12 | 3.68 | 2.91 | 3.85 |
| Interest | 1.30 | 1.25 | 0.88 | 0.84 | 0.98 | 1.77 | 1.46 | 1.49 |
| Depreciation | 4.76 | 4.89 | 4.62 | 4.86 | 4.72 | 2.79 | 2.56 | 2.99 |
| Profit before tax | 6.01 | 2.96 | 0.87 | 0.54 | -1.01 | -1.81 | -1.14 | -2.47 |
| Tax % | 23.29% | 32.09% | 28.74% | 14.81% | -28.71% | 5.52% | 29.82% | |
| Net Profit + | 4.61 | 2.00 | -0.43 | -5.11 | -3.84 | -2.31 | -1.48 | -1.09 |
| EPS in Rs | 5.15 | 2.24 | -0.48 | -5.71 | -4.29 | -1.62 | -0.76 | -1.22 |
| Dividend Payout % | 4.85% | 0.00% | -104.07% | -4.38% | 0.00% | 0.00% | 0.00% |
Financials of Madhav Marbles
Capital structure and asset base
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8.95 | 8.95 | 8.95 | 8.95 | 8.95 | 8.95 | 8.95 | 8.95 |
| Reserves | 119.61 | 121.43 | 122.48 | 119.71 | 117.47 | 116.02 | 115.37 | 114.75 |
| Borrowings + | 19.09 | 22.56 | 11.36 | 8.29 | 9.61 | 15.07 | 11.72 | 10.30 |
| Other Liabilities + | 17.32 | 15.54 | 10.28 | 7.38 | 5.40 | 2.45 | 3.04 | 4.64 |
| Total Liabilities | 164.97 | 168.48 | 153.07 | 144.33 | 141.43 | 142.49 | 139.08 | 138.64 |
| Fixed Assets + | 42.38 | 37.91 | 33.53 | 30.25 | 30.30 | 27.58 | 25.27 | 24.02 |
| CWIP | 0.87 | 5.94 | 3.16 | 2.93 | 2.82 | 2.82 | 2.82 | 2.83 |
| Investments | 2.24 | 10.82 | 9.10 | 3.52 | 0.52 | 0.20 | 0.13 | 0.13 |
| Other Assets + | 119.48 | 113.81 | 107.28 | 107.63 | 107.79 | 111.89 | 110.86 | 111.66 |
| Total Assets | 164.97 | 168.48 | 153.07 | 144.33 | 141.43 | 142.49 | 139.08 | 138.64 |
Financials of Madhav Marbles
Operating, investing and financing cash movement
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -3.60 | -13.15 | 8.00 | 21.07 | 23.22 | -5.55 | 2.02 |
| Cash from Investing Activity + | 2.34 | -3.20 | 7.87 | -5.18 | -4.85 | 1.77 | 3.06 |
| Cash from Financing Activity + | 1.45 | 15.65 | -13.20 | -18.90 | -18.55 | 3.70 | -4.81 |
| Net Cash Flow | 0.20 | -0.71 | 2.67 | -3.01 | -0.18 | -0.09 | 0.27 |
| Free Cash Flow | -8.13 | -18.45 | 10.58 | 19.75 | 18.97 | -5.35 | 1.98 |
| CFO/OP | -38% | -487% | 300% | 1,048% | 4,121% | 574% | -7,233% |
Financials of Madhav Marbles
Working capital efficiency and return ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 126.77 | 128.30 | 113.35 | 95.35 | 104.18 | 135.48 | 128.33 |
| Inventory Days | 278.70 | 324.27 | 292.07 | 460.58 | 505.42 | 509.82 | 749.69 |
| Days Payable | 83.02 | 77.85 | 65.78 | 68.34 | 83.81 | 59.73 | 102.74 |
| Cash Conversion Cycle | 322.44 | 374.73 | 339.64 | 487.60 | 525.78 | 585.57 | 775.28 |
| Working Capital Days | 224.81 | 356.83 | 264.19 | 288.87 | 336.10 | 388.14 | 453.72 |
| ROCE % | 2.80% | 1.19% | 0.78% | 0.05% | -0.25% | 0.12% |
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