Madhav Marbles and Granites was incorporated as a private limited company on April 7, 1989 and on May 31, and 1990 was converted into public limited company. The company was established with an object to set up a 100% export oriented unit for processing of granite tiles and another unit for processing of marble tiles. The company was promoted by Rajsingh Dungarpur and other directors. The company is setting up EOUs for processing granite tiles and marble tiles.

A plant for producing marble tiles was set in Udaipur in the state of Rajasthan in 1992 and a similar plant for granite tiles was set up near Salem in the state of Tamil Nadu. Thus both the plants are located near sources of raw material.

The granite plant is a 100% export oriented unit and exports almost all its production to many countries including U.S.A., Germany, Holland, UK, Australia and South Africa. A granite slab plant was set up in 2001 and they are a full service company offering granite tiles, slabs and cut to size products, from a single plant. The marble plant, though not a 100% export oriented unit, exports almost its entire production to various countries, prominent ones being Italy, Spain, Japan, Germany, Holland and USA. Both tiles and slabs are processed in Udaipur and the company operates marble quarries in Keshariaji near Udaipur , famous all over the world for its Green Marble, and also exports marble blocks to Italy, Spain and China.

Product range of the company includes:

Granite:

Paradiso Bash
Indian Dakota Granite
Kashmir White
Ruby Red
Desert Brown
Kashmir Gold
Raw Silk
Chamrajnagar Black
Colombo Juparana
Ivory Brown
Madura Gold
Black Pearl
Siva Gold Granite
Star galaxy Granite
Viscount White Granite
Thiruvannamalai Yellow Granite
Tan Brown Granite
Vizag Blue Granite
Warangal Black Granite
Gibli Granite
Multicolour Red Granite
Paradiso Granite
Sapphire Blue Granite
Sapphire Brown Granite

Marble:

Forest Green Marble
Emerald Green Marble
Madhav Green Marble
Rain Forest Brown Marble
Indian Onyx Light Marble
Rain Forest Green Marble
Indian Onyx Pink Marble

Achievements/ recognition:

Their Green Marble is only one of the lots which have been tested in American Laboratory ASTM (American Society for Testing and Materials Standards).
Madhav Marbles and Granites is a member of the Marble Institute of America.

Market Cap	44 Cr	ROE	-0.6%
P/E Ratio(TTM)	0.0	EPS(TTM)	0.0
P/B Ratio	0.3	Dividend Yield	0.0%
Industry P/E	56.8	Book Value	141.4
		Face Value	10.0

Fundamentals