Madhav Marbles

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Guru Vachaal, Apr 15, 2015.

  1. Guru Vachaal

    Guru Vachaal Let's discuss the fundamentals..

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    I spoke to Madhav Marbles and Granites Limited's company secretory and got the following information.

    This small cap company is engaged in manufacturing and processing of Granite Tiles and slabs. Also trading activities of Marble and Granite are part of business. Company has its existing customer base in European and American Countries.

    Current they have no expansion plans so no capital expenditure in near term.

    Dividend paying company with zero debt.
    Positive cash from operation.
    Consistent profit growth of 26%

    CMP is 42.

    Market cap is just 37 crores so Liquidity will be a problem in short to mid term but its a wonderful long term bet.

    What is your opinion guys? :)
     
  2. Parin Gala

    Parin Gala A long term investor

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    Sounds nice
     
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