Granites & Marble Stock Hits 5% Upper Circuit On Major Business Update With Strategic Expansion

A small-cap company in the consumer durables industry is Oriental Trimex Ltd. With a market value of Rs 108.42 Cr, the stock was locked in a 5% upper circuit limit on Monday, July 7, at Rs 14.75 a share. Following the company's announcement of its core business update focusing on technology, mining & growth, the stock price saw a surge.

The company claims to be among the first in the sector to use this innovative marble processing method. By employing an ultra-thin wire that is just 0.55 millimeters thick, the SMART CUT machine outperforms conventional blades that use segments that are broad enough to 3.5 mm. The range of products it offered was expanded on May 21, 2025, when the Odisha government granted the firm a formal mining concession for a Jet Black Granite quarry. This quarter, the firm is ready to start quarry operations, and it expects to start commercial production soon after.

A mining lease for the company to extract decorative stone from black granite covering 4.961 hectares (about 12.260 acres) was recently issued by the Government of Odisha's Steel & Mines Department. This place is in the hamlet of Potteru, which is in the Malkangiri District of Odisha's Motu Tahasil. Oriental Trimex expects this quarry to generate between Rs 10 crore and Rs 15 crore income annually.

"In alignment with it's strategic objectives, Oriental Trimex plans to divest seven acres of land in the Somnathpur Industrial Estate, Balasore, and a small Granite Unit in the Rairangpur Industrial Area. This decisive action will streamline its operations, reduce recurring expenses, and enhance liquidity for more focused investments," Oriental Trimex said in a stock exchange filing on 4th July.

The company further added, "These developments highlight our unwavering dedication to advancing operations, responding to market demands, and enhancing our service offerings. We are excited about the bright future ahead and our continued growth in the industry, always keeping the interests of our shareholders at the forefront."

Financially speaking, Oriental Trimex recorded a net profit of Rs 5.97 crore for the quarter that ended in March 2025, compared to a net loss of Rs 5.56 crore for the quarter that ended in March 2024. In Q4FY25, sales increased 453.49% to Rs 16.66 crore from Rs 3.01 crore in Q4FY24. Compared to the net loss of Rs 6.50 crore in the year prior, which concluded in March 2024, the net profit for the entire year ending in March 2025 was Rs 8.57 crore. Sales in the year ending March 2025 increased 475.89% to Rs 21.02 crore, compared to Rs 3.65 crore in the year ending March 2024.

Oriental Trimex Limited skillfully sources beautiful, fine-grained marbles from the best quarries throughout the world, solidifying its position as an expert in the genuine imported marble market.