HDFC Bank Ltd.

ICICI Bank Ltd.

ITC Ltd.

Reliance Industries Ltd.

Tata Motors Ltd.

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:

Company	Market Price	MCAP(Cr)	P/B	P/E	EPS	ROE
MADHAV	41.05(0.0%)	37	0.3	0.0	1.0	0.4
ORIENTALTL	6.9(0.0%)	20	0.5	0.0	-0.1	-12.6
AROGRANITE	39.6(-1.1%)	61	0.3	0.0	5.0	4.6
REGENCERAM	26.55(0.0%)	73	-1.8	2.2	-14.6	0.0
NITCO	18.35(0.3%)	132	-0.4	0.0	-9.5	0.0
MURUDCERA	41.8(0.0%)	240	0.7	50.9	4.0	0.6
EXXARO	115.05(0.0%)	515	1.9	37.7	11.6	9.0
ASIANTILES	46.6(-0.5%)	591	0.5	0.0	11.5	9.2
ORIENTBELL	528.9(0.0%)	770	2.5	35.5	13.3	11.7
POKARNA	371.8(0.0%)	1,154	9.0	0.0	29.3	68.4
SOMANYCERA	629.75(0.0%)	2,678	3.4	29.7	13.6	13.7
AGI	563.3(0.0%)	3,643	2.7	14.6	7.2	4.7
CERA	7503.4(-0.6%)	9,777	8.4	46.6	20.6	16.2
KAJARIACER	1280.3(0.0%)	20,341	8.8	59.1	32.4	23.7

Peer Comparison