Inani Marbles & Industries Ltd (531129)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Inani Marbles' revenue was ₹10.5 Cr (-29.7% year on year, +0.3% on the previous quarter), and net profit ₹0.1 Cr (-17.5% year on year); the operating margin was 8.2%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹10.5 | -29.7% | +0.3% |
| Operating profit | ₹0.9 | -23.9% | -28.3% |
| Net profit | ₹0.1 | -17.5% | -65.8% |
| EPS (₹) | 0.08 | -11.1% | -63.6% |
| Operating margin | 8.2% | — | — |
📢 Recent Corporate Announcements
Inani Marbles & Industries reported a weak Q1 FY27 with revenue from operations falling 29.9% YoY to Rs 10.47 Cr. Net profit also saw a decline to Rs 0.14 Cr from Rs 0.17 Cr in the same quarter last year. The board approved the re-appointment of Rishi Raj Inani as CFO, who is the son of the Managing Director. Additionally, the company approved material related-party transactions with Atlas Marble and Miraak Surfaces, though specific transaction values were not disclosed in the summary.
- Revenue from operations decreased by 29.9% YoY to Rs 10.47 Cr from Rs 14.94 Cr.
- Net profit for the quarter stood at Rs 0.14 Cr, down from Rs 0.17 Cr in June 2025.
- Total expenses were reduced to Rs 10.33 Cr from Rs 14.90 Cr YoY, primarily through lower material costs.
- Re-appointment of Rishi Raj Inani as CFO effective November 14, 2026.
- Approval of material related-party transactions with Atlas Marble and Granite Tr. and Miraak Surfaces Pvt. Ltd.
Inani Marbles & Industries Ltd reported a significant 29.9% year-on-year decline in revenue from operations, falling to ₹10.47 cr in Q1 FY27 from ₹14.94 cr in Q1 FY26. Net profit also saw a slight dip to ₹0.14 cr compared to ₹0.17 cr in the same period last year. The company's basic EPS decreased to ₹0.08 from ₹0.09. Additionally, the board approved material related party transactions and the re-appointment of the CFO, who is a relative of the Managing Director.
- Revenue from operations decreased by 29.9% YoY to ₹10.47 cr from ₹14.94 cr.
- Net profit for the quarter stood at ₹0.14 cr, a decline from ₹0.17 cr in Q1 FY26.
- Total expenses were reduced to ₹10.33 cr from ₹14.90 cr, primarily due to lower cost of materials consumed (₹4.47 cr vs ₹11.70 cr).
- Re-appointment of Mr. Rishi Raj Inani as CFO effective November 14, 2026.
- Approval of material related party transactions with Atlas Marble and Granite Tr. and Miraak Surfaces Pvt. Ltd.
Inani Marbles & Industries reported a weak Q1 FY27 with revenue from operations falling 29.9% YoY to ₹10.47 cr compared to ₹14.94 cr in the same quarter last year. Net profit decreased by 17.6% to ₹0.14 cr from ₹0.17 cr YoY, though it improved sequentially from the ₹0.41 cr reported in March 2026. The board also approved the re-appointment of Rishi Raj Inani as CFO and sanctioned material related-party transactions with Atlas Marble and Miraak Surfaces. The company remains a micro-cap with a ₹20 cr market cap and a high P/E of 109.7, reflecting low absolute earnings.
- Revenue from operations decreased 29.9% YoY to ₹10.47 cr in Q1 FY27.
- Net profit for the quarter stood at ₹0.14 cr, down from ₹0.17 cr in Q1 FY26.
- Total expenses were reduced to ₹10.33 cr from ₹14.90 cr YoY, primarily due to lower material costs.
- Re-appointment of Rishi Raj Inani as CFO effective November 14, 2026.
- Approval of material related-party transactions with Atlas Marble and Granite Tr. and Miraak Surfaces Pvt. Ltd.
Inani Marbles & Industries has scheduled a board meeting for August 11, 2026, to approve its un-audited financial results for the quarter ended June 30, 2026. The agenda also includes the re-appointment of Mr. Rishi Raj Inani as CFO and the approval of 'Material Related Party Transactions'. This meeting is critical as the company seeks to stabilize after a 50.9% share price decline over the last 12 months and a revenue drop from ₹14.94 Cr in June 2025 to ₹10.47 Cr in March 2026.
- Board meeting scheduled for August 11, 2026, to approve Q1 FY27 financial results
- Proposal for the re-appointment of Mr. Rishi Raj Inani as Chief Financial Officer
- Approval of Material Related Party Transactions is on the agenda
- Trading window for designated persons has been closed since July 1, 2026
- Company currently operates with a small market capitalization of ₹18 Cr
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