Esprit Stones Ltd.
NNSE:ESPRIT59.65
INR
-1.30
(-2.13%)
Esprit Stones Ltd.
NSE:ESPRIT
(National Stock Exchange of India)
Recent
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59.65
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- Business
- Esprit Stones Limited is an India-based manufacturer and exporter of engineered stone surfaces, operating primarily in the building materials and interior architecture sector. Founded in 2016 and headquartered in Udaipur, Rajasthan, the company was established as a joint venture between the Aravali Group and the Gattani Group. Esprit Stones operates a vertically integrated production ecosystem that covers raw material formulation through finished surface manufacturing. The company's core product offerings comprise engineered quartz stone surfaces; engineered marble surfaces; quartz grit; quartz powder; and unsaturated polyester resin. These products are manufactured for diverse residential, commercial, and hospitality applications, including kitchen countertops; bathroom vanity tops; interior wall cladding; flooring systems; and customized surface fabrications. Esprit Stones commercializes its products under the proprietary brand name Haique in India and the United Arab Emirates, while also maintaining extensive original equipment manufacturer and private-label export arrangements across global markets, including the United States, Canada, Europe, and the Middle East. The company operates through specialized subsidiaries, such as Haique Stones Private Limited for engineered marble production, Addwaya Chemicals Private Limited for polyester resin synthesis, and Haique Stones Inc. for international distribution management. In recent corporate and operational developments, the company converted to a public entity and successfully completed its initial public offering on the National Stock Exchange SME platform (NSE Emerge) in August 2024. In May 2026, the company approved a capital investment of INR 35 crores to install an advanced automated pressing line at its Udaipur manufacturing complex, adding 5,000 slabs per month to its existing capacity of 9,600 slabs per month to support expanding domestic and international order books.