Madhav Marbles and Granites shareholders and shareholding pattern
NSE: MADHAVBSE: 515093Consumer DurablesSmall Cap
Last close ₹30.08down ₹2.62 (8.01%)BSE ₹30.45
Share price at the NSE close on 23 Oct 2026. Previous close ₹32.70.
52-week range of traded prices to 23 Oct 2026
₹29.00Low, 30 Mar 2026₹46.00High, 24 Nov 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹27 Cr3,749th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 29 May 2026
- 0.2
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 13 Aug 2026
- −0.2%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 13 Aug 2026
- −3.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 29 May 2026
- 0.07
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 4,59860.3% delivered
Who owns Madhav Marbles and Granites, filing by filing
Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.
Sep 2026 filing
- Promoters45.78%
- Foreign institutionsNone
- Indian institutions0.59%
- Individuals and others53.63%
Shareholding pattern, per cent, from Sep 2022
- Promoters
- Foreign institutions
- Indian institutions
- Individuals and others
| Per cent | Dec 2016Filed 12 Jan | Mar 2017Filed 17 Apr | Jun 2017Filed 13 Jul | Sep 2017Filed 13 Oct | Dec 2017Filed 5 Jan | Mar 2018Filed 10 Apr | Jun 2018Filed 14 Jul | Sep 2018Filed 19 Oct | Dec 2018Filed 12 Jan | Mar 2019Filed 11 Apr | Jun 2019Filed 20 Jul | Sep 2019Filed 2 Dec | Dec 2019Filed 20 Jan | Mar 2020Filed 11 May | Jun 2020Filed 21 Jul | Sep 2020Filed 19 Oct | Dec 2020Filed 18 Jan | Mar 2021Filed 13 Apr | Jun 2021Filed 2 Aug | Sep 2021Filed 13 Oct | Dec 2021Filed 18 Jan | Mar 2022Filed 12 Apr | Jun 2022Filed 21 Jul | Sep 2022Filed 20 Oct | Dec 2022Filed 19 Jan | Mar 2023Filed 20 Apr | Jun 2023Filed 19 Jul | Sep 2023Filed 19 Oct | Dec 2023Filed 19 Jan | Mar 2024Filed 20 Apr | Jun 2024Filed 19 Jul | Sep 2024Filed 19 Oct | Dec 2024Filed 21 Jan | Mar 2025Filed 19 Apr | Jun 2025Filed 12 Jul | Sep 2025Filed 17 Oct | Dec 2025Filed 21 Jan | Mar 2026Filed 20 Apr | Jun 2026Filed 18 Jul | Sep 2026Filed 14 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 38.01% | 37.93% | 37.49% | 37.60% | 37.60% | 37.41% | 37.41% | 37.76% | 38.23% | 38.68% | 38.73% | 39.39% | 39.61% | 40.35% | 40.35% | 40.50% | 40.90% | 40.98% | 41.06% | 40.98% | 41.34% | 42.10% | 42.22% | 42.22% | 42.43% | 42.59% | 42.77% | 42.81% | 42.66% | 43.47% | 43.50% | 43.50% | 43.50% | 43.89% | 44.19% | 44.59% | 45.20% | 45.54% | 45.77% | 45.78% | |
| Indian promoters | 38.01% | 37.93% | 37.49% | 37.60% | 37.60% | 37.41% | 37.41% | 37.76% | 38.23% | 38.68% | 38.73% | 39.39% | 39.61% | 40.35% | 40.35% | 40.50% | 40.90% | 40.98% | 41.06% | 40.98% | 41.34% | 42.10% | 42.22% | 42.22% | 42.43% | 42.59% | 42.77% | 42.81% | 42.66% | 43.47% | 43.50% | 43.50% | 43.50% | 43.89% | 44.19% | 44.59% | 45.20% | 45.54% | 45.77% | 45.78% |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. | 61.99% | 62.07% | 62.51% | 62.40% | 62.40% | 62.59% | 62.59% | 62.24% | 61.77% | 61.32% | 61.27% | 60.61% | 60.39% | 59.65% | 59.65% | 59.50% | 59.10% | 59.02% | 58.94% | 59.02% | 58.66% | 57.90% | 57.78% | 57.78% | 57.57% | 57.41% | 57.23% | 57.19% | 57.34% | 56.53% | 56.50% | 56.50% | 56.50% | 56.11% | 55.81% | 55.41% | 54.80% | 54.46% | 54.23% | 54.22% |
| Promoter shares pledgedShare of the promoters' own shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Shares in issue | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 | 89,47,000 |
| Shares locked inShares locked in. Shares the filing reports as barred from sale until a set day, such as promoters' shares after a public issue or shares allotted to an investor directly. | – | – | – | – | – | – | – | 13,56,030 | 13,56,030 | – | – | – | – | – | – | – | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | – | – | – | – | – |
| Promoters' shares locked in | – | – | – | – | – | – | – | 13,56,030 | 13,56,030 | – | – | – | – | – | – | – | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | – | – | – | – | – |
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.
Madhav Marbles and Granites promoters
Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is MADHAV DOSHI, 12.78%. The filing names 3 more members with no shares.Promoter buying and selling
| Holder | ||
|---|---|---|
| MADHAV DOSHIIndividuals and Hindu undivided families | 12.78% | 11,43,747 |
| ARUNA DOSHIIndividuals and Hindu undivided families | 9.24% | 8,26,962 |
| MUMAL MARKETING PRIVATE LIMITEDIndian companies, trusts and others | 8.75% | 7,82,600 |
| RAJDARSHAN INDUSTRIES LIMITEDIndian companies, trusts and others | 4.73% | 4,23,162 |
| ADHEERAJ TRADE LINKS PRIVATE LIMITEDIndian companies, trusts and others | 3.17% | 2,84,000 |
| SUMAL FINANCE AND INVESTMENT PRIVATE LIMITEDIndian companies, trusts and others | 2.63% | 2,35,250 |
| AKSHAT INVESTMENTS AND CONSULTANTS PRIVATE LIMITEDIndian companies, trusts and others | 1.97% | 1,76,060 |
| RIDDHIMA DOSHIIndividuals and Hindu undivided families | 0.95% | 85,431 |
| PREMA DOSHIIndividuals and Hindu undivided families | 0.66% | 59,300 |
| RAJ KUMAR BAPNAIndividuals and Hindu undivided families | 0.23% | 20,400 |
| RAJ KUMAR BAPNA HUFIndividuals and Hindu undivided families | 0.21% | 18,759 |
| SUDHIR TEJ SINGH DOSHIIndividuals and Hindu undivided families | 0.13% | 11,501 |
No promoter shares are reported as pledged.
Largest public holders of Madhav Marbles and Granites, filing by filing
Per cent, on the same shares as the split above.
| Holder | Dec 2016Filed 12 Jan | Mar 2017Filed 17 Apr | Jun 2017Filed 13 Jul | Sep 2017Filed 13 Oct | Dec 2017Filed 5 Jan | Mar 2018Filed 10 Apr | Jun 2018Filed 14 Jul | Sep 2018Filed 19 Oct | Dec 2018Filed 12 Jan | Mar 2019Filed 11 Apr | Jun 2019Filed 20 Jul | Sep 2019Filed 2 Dec | Dec 2019Filed 20 Jan | Mar 2020Filed 11 May | Jun 2020Filed 21 Jul | Sep 2020Filed 19 Oct | Dec 2020Filed 18 Jan | Mar 2021Filed 13 Apr | Jun 2021Filed 2 Aug | Sep 2021Filed 13 Oct | Dec 2021Filed 18 Jan | Mar 2022Filed 12 Apr | Jun 2022Filed 21 Jul | Sep 2022Filed 20 Oct | Dec 2022Filed 19 Jan | Mar 2023Filed 20 Apr | Jun 2023Filed 19 Jul | Sep 2023Filed 19 Oct | Dec 2023Filed 19 Jan | Mar 2024Filed 20 Apr | Jun 2024Filed 19 Jul | Sep 2024Filed 19 Oct | Dec 2024Filed 21 Jan | Mar 2025Filed 19 Apr | Jun 2025Filed 12 Jul | Sep 2025Filed 17 Oct | Dec 2025Filed 21 Jan | Mar 2026Filed 20 Apr | Jun 2026Filed 18 Jul | Sep 2026Filed 14 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SANGEETHA SResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | 8.29% | 8.29% | 8.29% | 8.29% | 8.29% | 8.29% | 8.17% | 8.10% | 8.09% | 8.09% | 8.09% | 8.09% | 8.09% | 8.09% | 8.09% | 8.07% | 8.09% | 7.93% | 7.93% | 7.93% | 7.93% | 7.93% | 7.93% | 7.93% | 7.93% | 7.93% | 7.93% | 7.93% |
| IEPFInvestor education fund | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 3.45% | 3.45% | 3.45% | 3.45% |
| SANJAY RAMANLAL MUNOTResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.14% | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% |
| VEENA PARAKHResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.05% | 1.26% | 1.31% | – | – | – | – | 1.58% | – | – | – | 1.25% | 1.23% | 1.08% | 1.08% | 1.14% | 1.14% | 1.12% |
| Ravi ChawlaResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.15% | 1.32% | 1.50% | – | 1.28% | – | 1.07% | 1.11% | 1.05% | – | 1.03% | 1.07% |
| KHUSHI PARAKHResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.05% | 1.05% | 1.05% |
| AJAY PARAKHResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.76% | 1.76% | 1.65% | 1.65% | 1.46% | 2.45% | 2.65% | 2.60% | 1.76% | 1.76% | 1.76% | 1.77% | – | – | – |
| INVESTOR EDUCATION AND PROTECTION FUNDInvestor education fund | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 3.09% | – | – | – | – |
| UNITED INDIA INSURANCE CO LTDInsurance companies | 4.03% | – | – | – | – | – | – | 4.03% | 4.03% | 4.03% | 4.03% | 4.03% | – | – | – | – | – | 4.03% | 4.03% | 4.03% | 4.03% | – | – | 2.57% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| UNITED INDIA INSURANCE COMPANY LIMITEDInsurance companies | – | 4.03% | 4.03% | 4.03% | 4.03% | 4.03% | 4.03% | – | – | – | – | – | 4.03% | 4.03% | 4.03% | 4.03% | 4.03% | – | – | – | – | 4.03% | 4.03% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SUBRAMANIAN PResident individuals, over ₹2 lakh at face value | 8.28% | – | 8.28% | 8.28% | 8.28% | 8.28% | 8.28% | 8.28% | 8.28% | 8.28% | 8.28% | 8.28% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINSTRY OF CORPORATE AFFAIRSOther non-institutions | – | – | – | – | 1.45% | 1.45% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| KAMAL TILOCKCHAND NAHETAOther non-institutions | 1.12% | 1.12% | 1.12% | 1.12% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| HETALKUMAR PRAVINBHAI DESAIResident individuals, over ₹2 lakh at face value | – | – | 1.04% | 1.04% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| KAMLESH DANGAYACHResident individuals, over ₹2 lakh at face value | 1.17% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.