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Elegant Marble and Granite Industries


Elegant Marble and Granite Industries operates in the business of manufacturing marbles and granites.

The company owns over 40cr in liquid investments and didn’t employ any debt in its operations.

It reported consistent operating profits of over 1cr in the last five years on reasonably stable revenues of 20 to 25cr.

The business is largely dependent on the construction and real estate cycles, which is linked to the interest rate and economic cycles.

Management haven’t really discussed the risks impacting their business.  Essentially, it is a highly competitive field where the market is dynamic with preferences changing with fashion trends and inflationary pressures increasing costs of input, energy, transport, etc.

Comments

  1. AntonioMay 18, 2012 at 1:59 AM

    Here already the days are looking for someone dealing with kitchens, but that tops silestone be of material. Do you do it or someone tell me who it is ... thank you

    ReplyDelete

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