Elegant Marbles and Grani Industries Limited has scheduled its 41st Annual General Meeting (AGM) for Friday, July 17, 2026, at 09:00 A.M. via physical mode at its Registered Office in Abu Road, Rajasthan. The meeting will cover the financial results for the year ended March 31, 2026. The company disclosed that newspaper advertisements for the AGM were published on June 11, 2026, in Free Press Journal, Navshakti (English) and Prabhat Abhinandan, Sirohi Edition (Hindi), in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board has approved the re-appointment of Shri Rajesh Agrawal as Chairman & Managing Director and Shri Rakesh Agrawal as Managing Director for a period of three years, effective from September 01, 2026, to August 31, 2029, subject to shareholder approval. The company’s statutory auditors, M/s. JD Pawar & Associates, have issued an unqualified report on the financial statements.

Financial Performance

The company reported a 29% decline in net profit to ₹335.14 lakh for FY26, down from ₹470.35 lakh in the previous year. Revenue from operations rose to ₹3,434.05 lakh from ₹2,853.48 lakh in FY25, driven by demand from the residential and commercial segments. Total income for the year stood at ₹3,596.37 lakh, while profit before tax decreased to ₹471.54 lakh from ₹581.69 lakh in the prior year. The company remains debt-free.

Shareholder Compliance

The company reminded shareholders to update KYC details, including PAN, address, mobile number, and bank account details, pursuant to SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 07, 2024. Security holders holding shares in physical mode without updated details will receive payments, including dividends, only through electronic mode from April 1, 2024. Shareholders are encouraged to register their email addresses to avail online services and support the Green Initiative. The Register of Members and Share Transfer Books will remain closed from July 11, 2026, to July 17, 2026, for the AGM.

Elegant Marbles & Grani Industries Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results at its meeting held on May 21, 2026. The company reported a net profit of ₹335.14 lakh for FY26, compared to ₹470.35 lakh in the previous year. Revenue from operations for the year stood at ₹3,434.05 lakh, up from ₹2,853.48 lakh in the prior year. The statutory auditors, M/s. JD Pawar & Associates, issued an audit report with an unmodified opinion on the results.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a net profit of ₹19.13 lakh, a decrease from ₹40.14 lakh in the same quarter of the previous year. Revenue from operations for the quarter increased to ₹860.96 lakh from ₹643.58 lakh in the corresponding period last year. Total income for the full year stood at ₹3,596.37 lakh against ₹3,107.11 lakh in the prior year, while total expenses for the year were ₹3,099.15 lakh compared to ₹2,525.42 lakh previously. The company reported profit before tax of ₹471.54 lakh for the year, compared to ₹581.69 lakh in the previous year.

The following table presents the key financial metrics for the quarter and year ended March 31, 2026:

Balance Sheet Highlights

As on March 31, 2026, the company's total assets stood at ₹13,071.73 lakh, compared to ₹15,103.87 lakh as on March 31, 2025. Total equity declined to ₹12,433.14 lakh from ₹14,523.87 lakh in the prior year, reflecting the impact of other comprehensive income. Non-current investments stood at ₹7,766.57 lakh against ₹10,162.04 lakh previously, while inventories increased to ₹3,342.61 lakh from ₹2,992.60 lakh. Cash and cash equivalents at year-end were ₹663.53 lakh, compared to ₹706.71 lakh in the prior year.

Exceptional Items and Cash Flow

During the year, the company recognized a net exceptional loss of ₹25.68 lakh, arising from an impairment provision of ₹35.18 lakh towards diminution in the value of debentures acquired as investments during 2014 and 2015, partially offset by a reversal of provision of ₹9.50 lakh during the current quarter. Net cash from operating activities was ₹(90.92) lakh for the year, an improvement from ₹(457.86) lakh in the prior year. Net cash from investing activities was ₹77.36 lakh, compared to ₹887.00 lakh previously, while dividend paid during the year amounted to ₹29.63 lakh.

Board Decisions

The board approved the re-appointment of Mr. Rajesh Agrawal as Chairman & Managing Director and Mr. Rakesh Agrawal as Managing Director, each for a period of three years with effect from September 01, 2026 to August 31, 2029, subject to shareholder approval. The board also approved the re-appointment of M/s. Deepak Mehta & Associates as Internal Auditor for the financial year 2026-27, and the re-appointment of Ms. Yogita Agrawal as Non-Executive Director, who retires by rotation and being eligible, offers herself for re-appointment.

Annual General Meeting

The 41st Annual General Meeting of the company is scheduled to be held on Friday, July 17, 2026, at the Registered Office in Abu Road, Rajasthan, at 09:00 A.M. The Register of Members and Share Transfer Books will remain closed from July 11, 2026, to July 17, 2026 (both days inclusive). The cut-off date for determining shareholder eligibility for voting at the AGM is July 10, 2026.