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.

Elegant marbles & grani industries Limited has submitted its annual regulatory disclosure to BSE Limited, confirming its non-classification as a Large Corporate under the Securities and Exchange Board of India (SEBI) framework. The disclosure, dated April 15, 2026, addresses the company's status regarding fund raising regulations for large entities.

Regulatory Compliance Disclosure

The company filed this disclosure in compliance with SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, read with SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars pertain to fund raising by issuance of debt securities by large entities and establish specific criteria for classification.

Company Financial Position

The disclosure provides key financial and operational details as of March 31, 2026:

Large Corporate Classification

The company has explicitly confirmed that as of March 31, 2026, it does not meet the applicability criteria to be classified as a Large Corporate under the specified SEBI circulars. This classification is significant as it determines the regulatory requirements for debt fund raising and compliance obligations under the SEBI framework.

Corporate Authorization

The disclosure was duly authorized and signed by key company officials, including Chief Financial Officer Hitesh Kothari and Company Secretary & Compliance Officer Arpita Doshi. Both officials digitally signed the document on April 15, 2026, ensuring proper corporate governance and regulatory compliance.

This annual disclosure demonstrates the company's commitment to maintaining transparency with regulatory authorities and keeping stakeholders informed about its compliance status under evolving SEBI regulations for corporate fund raising activities.