Aro Granite Industries Ltd
Incorporated in 1988, ARO Granite
Industries Ltd manufactures and
trades Granite Slabs and Tiles[1]
- Market Cap ₹ 38.2 Cr.
- Current Price ₹ 24.9
- High / Low ₹ 45.8 / 18.6
- Stock P/E
- Book Value ₹ 114
- Dividend Yield 0.00 %
- ROCE 1.04 %
- ROE -6.57 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.22 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -16.3% over past five years.
- Company has a low return on equity of -3.01% over last 3 years.
- Earnings include an other income of Rs.11.8 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Granites & Marbles
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 253 | 213 | 237 | 199 | 171 | 177 | 179 | 224 | 163 | 154 | 123 | 74 | |
| 224 | 193 | 207 | 186 | 148 | 159 | 155 | 194 | 144 | 123 | 116 | 72 | |
| Operating Profit | 29 | 20 | 29 | 13 | 24 | 19 | 24 | 30 | 19 | 31 | 6 | 2 |
| OPM % | 11% | 9% | 12% | 6% | 14% | 10% | 13% | 13% | 12% | 20% | 5% | 2% |
| 5 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 0 | 10 | 12 | |
| Interest | 6 | 5 | 5 | 4 | 5 | 6 | 5 | 8 | 13 | 16 | 13 | 15 |
| Depreciation | 9 | 9 | 9 | 9 | 8 | 11 | 11 | 13 | 13 | 12 | 10 | 10 |
| Profit before tax | 19 | 7 | 16 | 1 | 13 | 5 | 8 | 11 | -6 | 3 | -7 | -12 |
| Tax % | 12% | 14% | 23% | 9% | 22% | 30% | 24% | 17% | -2% | 61% | -6% | 2% |
| 17 | 6 | 13 | 1 | 10 | 4 | 6 | 9 | -6 | 1 | -6 | -12 | |
| EPS in Rs | 10.91 | 3.83 | 8.25 | 0.76 | 6.35 | 2.36 | 3.95 | 5.82 | -3.78 | 0.86 | -4.20 | -7.73 |
| Dividend Payout % | 9% | 26% | 12% | 0% | 16% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | -16% |
| 3 Years: | -23% |
| TTM: | -40% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -86% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | -15% |
| 3 Years: | -15% |
| 1 Year: | -40% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | -1% |
| 3 Years: | -3% |
| Last Year: | -7% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 139 | 143 | 154 | 155 | 165 | 166 | 172 | 181 | 175 | 177 | 171 | 159 |
| 119 | 115 | 102 | 93 | 129 | 159 | 168 | 199 | 205 | 189 | 160 | 152 | |
| 36 | 35 | 37 | 41 | 34 | 54 | 48 | 56 | 55 | 64 | 74 | 69 | |
| Total Liabilities | 310 | 309 | 308 | 304 | 343 | 395 | 404 | 451 | 450 | 445 | 420 | 394 |
| 74 | 73 | 91 | 90 | 90 | 139 | 174 | 163 | 160 | 149 | 139 | 128 | |
| CWIP | 7 | 21 | 2 | 6 | 23 | 42 | 1 | 8 | 1 | 1 | 1 | 1 |
| Investments | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| 229 | 216 | 215 | 207 | 230 | 213 | 228 | 280 | 288 | 294 | 279 | 264 | |
| Total Assets | 310 | 309 | 308 | 304 | 343 | 395 | 404 | 451 | 450 | 445 | 420 | 394 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 21 | 16 | 22 | -3 | 63 | 1 | -18 | 14 | 35 | 33 | 17 | |
| -4 | -24 | -7 | -11 | -26 | -78 | -4 | -6 | -3 | 0 | 0 | 3 | |
| 8 | -5 | -15 | -11 | 32 | 12 | 3 | 24 | -15 | -32 | -34 | -16 | |
| Net Cash Flow | 5 | -9 | -6 | 0 | 2 | -3 | -1 | -0 | -4 | 3 | -0 | 4 |
| Free Cash Flow | -8 | -1 | 16 | 22 | -30 | -15 | -4 | -25 | 11 | 35 | 33 | 19 |
| CFO/OP | 17% | 112% | 68% | 189% | -3% | 351% | 6% | -57% | 78% | 114% | 518% | 1,115% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 122 | 138 | 127 | 128 | 122 | 121 | 131 | 119 | 137 | 117 | 104 | 112 |
| Inventory Days | 258 | 306 | 373 | 413 | 621 | 725 | 759 | 793 | 1,299 | 1,623 | 1,342 | 2,052 |
| Days Payable | 43 | 49 | 54 | 88 | 79 | 158 | 150 | 148 | 233 | 306 | 307 | 437 |
| Cash Conversion Cycle | 337 | 396 | 446 | 453 | 664 | 688 | 739 | 764 | 1,204 | 1,435 | 1,139 | 1,726 |
| Working Capital Days | 105 | 131 | 128 | 139 | 118 | 68 | 115 | 151 | 210 | 220 | 232 | 353 |
| ROCE % | 10% | 4% | 8% | 2% | 6% | 3% | 4% | 5% | 2% | 5% | 2% | 1% |
Insights
In beta| Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Installed Capacity - Granite Slabs Sq. Mt. |
|
|||||||||||
| Installed Capacity - Granite Tiles Sq. Mt. |
||||||||||||
| Production Volume - Granite Slabs (Total) Sq. Mt. |
||||||||||||
| Sales Volume - Granite Slabs (Total) Sq. Mt. |
||||||||||||
| Installed Capacity - Quartz Sq. Mt. |
||||||||||||
| Production Volume - Granite Tiles Sq. Mt. |
||||||||||||
| Sales Volume - Granite Tiles Sq. Mt. |
||||||||||||
| Capacity Utilisation - Hosur Quartz % |
||||||||||||
| Capacity Utilisation - Jaipur Slabs % |
||||||||||||
| Capacity Utilisation - Hosur Slabs % |
||||||||||||
| Production Volume - Quartz (Hosur) Sq. Mt. |
||||||||||||
| Capacity Utilisation - Hosur Tiles % |
||||||||||||
| Global Presence - Number of Countries Numbers |
||||||||||||
| Market Contribution - USA % |
||||||||||||
| Production Volume - Granite Slabs (Hosur) Sq. Mt. |
||||||||||||
| Production Volume - Jaipur Slabs Sq. Mt. |
||||||||||||
| Sales Volume - Granite Slabs (Hosur) Sq. Mt. |
||||||||||||
| Sales Volume - Jaipur Slabs Sq. Mt. |
||||||||||||
| Sales Volume - Quartz (Hosur) Sq. Mt. |
||||||||||||
Extracted by Screener AI
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
22 May - Aro Granite filed its Annual Secretarial Compliance Report for FY ended 31 March 2026, noting full compliance.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
17 May - Newspaper advertisement in respect of Published Financial Results for the Fourth quarter and Year ended March 31, 2026
-
Re-Appointment Of Internal Auditor Of The Company
15 May - Board approved FY26 audited results; loss Rs 1,181.75 lakh, unmodified audit opinion, internal auditor reappointed.
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On 15Th May, 2026
15 May - Board approved FY26 audited results; loss widened to Rs 1,181.75 lakh, unmodified auditor opinion.
- Audited Financial Results For The Fourth Quarter And Year Ended 31St March, 2026 15 May
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Concalls
-
Nov 2024TranscriptAI SummaryPPT
-
Jun 2023Transcript PPT
-
May 2022Transcript PPT
-
Nov 2021Transcript PPT
-
Jul 2021Transcript PPT
-
Nov 2020Transcript PPT
-
Jul 2020Transcript PPT
-
Nov 2019Transcript PPT
-
May 2019Transcript PPT
-
Nov 2018Transcript PPT
-
May 2018Transcript PPT
-
Nov 2017Transcript PPT
-
May 2017TranscriptPPT
-
Jan 2017TranscriptAI SummaryPPT
-
Oct 2016Transcript PPT
-
Jul 2016Transcript PPT
-
Mar 2016TranscriptAI SummaryPPT
Business Overview:[1]
AROGIL manufactures engineered quartz stone slabs and tiles, natural stone granites slab and granite tile, cut-to-size granite tiles