What we do Mayur Floorings Ltd manufactures and exports polished granite slabs and mineral powders, including marble and dolomite-based products, serving construction and industrial markets. |
Founded in 1,992 |
Market share A significant player in granite slab manufacturing with export partnerships, diversifying into mineral powder processing due to resource constraints. |
Problem solved Provides supply of high-quality granite and mineral powders for construction and industrial uses, addressing raw material scarcity and quality needs. |
Top clients or who we serve Exports to international markets including Dubai, serving construction businesses and mineral industries, primarily B2B clients. |
Key management Led by promoters Mahavir N Sundrawat and Mukesh N Sundrawat; Managing Director Amol Kapadia provides strategic leadership. |
Our journey and innovations Founded in 1992, expanded capacity in 1995 with public issue, diversified into marble products in 1996-97, now focusing on mineral powder manufacturing. |
Where we operate Primarily India with export markets including Dubai and others overseas. |
Top products or what we offer Polished Granite Slabs, Marble and Dolomite Mineral Powders, Quartz, Feldspar, and Calcite-based processed minerals. |
Top brands Mayur Floorings Polished Granite (market leader in Rajasthan), Mineral Powders division serving industrial minerals sector. |
Raw materials needed Granite, marble, dolomite, quartz, feldspar, calcite stones sourced from mines near Rajasthan plant. |
Raw materials supplier Local mines and quarries in Rajasthan and surrounding regions supply raw materials. |
Recurring vs cyclical contribution Revenue largely cyclical, tied to construction demand and mineral market fluctuations. |
Our industry position Established regional leader in granite slab manufacturing and mineral powder processing with export capabilities. |
Financial highlights FY 2024-25 Revenue: Rs 93.28 crore; Profit after Tax: Rs 5.23 crore; stable performance with slight margin pressure. |
Geographical revenue split Mainly domestic sales from India and exports constituting about 50% of production primarily to Middle East markets. |
Order book Regular orders from construction sector and mineral powder clients; expanding export client base. |
Whats driving growth Strategic capacity expansion, diversification into mineral powders, export agreements, and rising construction demand. |
Our future plans Focus on capacity enhancements, technology adoption in mineral processing, and expanding international market reach. |
Our green promise Adopting safer, environmentally friendly production processes with continuous safety and environment monitoring. |
Our people and values Committed workforce with emphasis on ethics, sustainability, and diversity in governance. |
Key challenges ahead Raw material scarcity, global economic slowdown, and competitive pricing pressures. |
Interesting facts Over 20 years of expertise in granite and mineral processing; diversified from stone slabs to mineral powders to sustain growth. |
Risks and strategy Mitigating supply risks through diversification, enhancing internal controls and compliance, managing cyclical market effects. |