Asian Granito India Ltd
₹ 63.3
-0.74%
01 Jul
- close price
About
Incorporated in 1995, Asian Granito manufactures and trades Tiles, Marble and allied products[1]
Key Points
- Market Cap ₹ 922 Cr.
- Current Price ₹ 63.3
- High / Low ₹ 98.2 / 39.2
- Stock P/E 33.8
- Book Value ₹ 93.5
- Dividend Yield 0.00 %
- ROCE 2.34 %
- ROE 2.06 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.68 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 4.78% over past five years.
- Promoter holding is low: 33.5%
- Tax rate seems low
- Company has a low return on equity of 0.87% over last 3 years.
- Earnings include an other income of Rs.22.8 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 Ceramics
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 759 | 823 | 873 | 946 | 1,005 | 1,005 | 1,013 | 1,036 | 1,349 | 1,354 | 1,305 | 1,280 | |
| 695 | 763 | 803 | 865 | 920 | 961 | 945 | 938 | 1,267 | 1,396 | 1,277 | 1,250 | |
| Operating Profit | 64 | 60 | 70 | 81 | 84 | 44 | 68 | 98 | 82 | -43 | 28 | 30 |
| OPM % | 8% | 7% | 8% | 9% | 8% | 4% | 7% | 9% | 6% | -3% | 2% | 2% |
| 1 | 1 | 1 | 6 | 5 | 3 | 7 | 3 | 50 | 35 | 44 | 23 | |
| Interest | 21 | 22 | 24 | 24 | 21 | 18 | 20 | 17 | 7 | 9 | 11 | 10 |
| Depreciation | 22 | 19 | 21 | 16 | 17 | 17 | 18 | 18 | 18 | 19 | 20 | 19 |
| Profit before tax | 22 | 20 | 26 | 47 | 51 | 12 | 37 | 66 | 108 | -36 | 41 | 24 |
| Tax % | 37% | 28% | 27% | 32% | 35% | 39% | 20% | 25% | 18% | -26% | 27% | -15% |
| 14 | 14 | 19 | 32 | 33 | 7 | 30 | 49 | 88 | -26 | 30 | 27 | |
| EPS in Rs | 1.70 | 1.74 | 2.27 | 2.85 | 2.97 | 0.66 | 2.66 | 3.91 | 6.94 | -2.08 | 2.33 | 1.85 |
| Dividend Payout % | 0% | 0% | 0% | 12% | 12% | 25% | 7% | 3% | 5% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 5% |
| 3 Years: | -2% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | -2% |
| 3 Years: | -21% |
| TTM: | -10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | -14% |
| 3 Years: | 16% |
| 1 Year: | -13% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 3% |
| 3 Years: | 1% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 23 | 23 | 30 | 30 | 30 | 30 | 34 | 57 | 127 | 127 | 147 |
| Reserves | 258 | 272 | 309 | 318 | 348 | 350 | 398 | 495 | 780 | 1,094 | 1,148 | 1,228 |
| 228 | 175 | 176 | 154 | 158 | 162 | 176 | 112 | 14 | 79 | 67 | 136 | |
| 177 | 180 | 197 | 276 | 321 | 359 | 298 | 304 | 262 | 307 | 301 | 345 | |
| Total Liabilities | 685 | 650 | 704 | 778 | 857 | 902 | 903 | 945 | 1,113 | 1,607 | 1,643 | 1,855 |
| 177 | 188 | 224 | 232 | 228 | 231 | 246 | 236 | 240 | 248 | 239 | 231 | |
| CWIP | 7 | 15 | 1 | 1 | 1 | 0 | 1 | 0 | 1 | 0 | 0 | 31 |
| Investments | 20 | 18 | 35 | 34 | 48 | 54 | 37 | 47 | 107 | 76 | 344 | 329 |
| 481 | 429 | 444 | 512 | 579 | 616 | 619 | 663 | 765 | 1,283 | 1,060 | 1,263 | |
| Total Assets | 685 | 650 | 704 | 778 | 857 | 902 | 903 | 945 | 1,113 | 1,607 | 1,643 | 1,855 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 52 | 106 | 63 | 71 | 42 | 50 | -23 | 56 | -26 | -54 | -28 | 12 | |
| -30 | -34 | -60 | -23 | -17 | -21 | -0 | -10 | -43 | -450 | 38 | -164 | |
| -33 | -76 | -4 | -47 | -21 | -19 | -0 | -28 | 111 | 462 | -3 | 130 | |
| Net Cash Flow | -11 | -4 | -1 | -0 | 4 | 10 | -23 | 18 | 43 | -43 | 7 | -21 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 89 | 70 | 74 | 97 | 116 | 120 | 121 | 123 | 110 | 108 | 105 | 121 |
| Inventory Days | 160 | 133 | 123 | 122 | 118 | 121 | 109 | 114 | 81 | 56 | 48 | 42 |
| Days Payable | 107 | 93 | 97 | 140 | 150 | 166 | 130 | 122 | 70 | 89 | 86 | 98 |
| Cash Conversion Cycle | 142 | 110 | 100 | 79 | 84 | 76 | 99 | 116 | 120 | 75 | 68 | 65 |
| Working Capital Days | 118 | 90 | 91 | 79 | 90 | 83 | 111 | 121 | 119 | 123 | 144 | 147 |
| ROCE % | 8% | 9% | 10% | 14% | 14% | 6% | 10% | 13% | 10% | -2% | 4% | 2% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
52s - With respect to Effective date of the Scheme.
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Closure of Trading Window
27 Jun - Trading window closed from 1 July 2025 till 48 hours after Q1 results announcement.
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
20 Jun - NCLT approves Composite Scheme of Arrangement for demergers and mergers among Asian Granito group companies.
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Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015
20 Jun - NCLT approved Composite Scheme of Arrangement involving demerger and share issuance by Asian Granito India.
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Announcement under Regulation 30 (LODR)-Change in Management
14 Jun - AGM Marketing Mr. Sunil Soni resigns effective 14 June 2025 for personal reasons.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
from bse
Concalls
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May 2025TranscriptNotesPPT
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Feb 2025TranscriptNotesPPT
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Dec 2024TranscriptNotesPPT
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Aug 2017Transcript PPT
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Oct 2016TranscriptNotesPPT
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May 2016TranscriptNotesPPT
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Oct 2015TranscriptNotesPPT
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Sep 2015TranscriptNotesPPT
Product Portfolio[1][2]
a) Ceramic and Vitrified Tiles: Floor tiles, wall tiles, parking tiles, glazed vitrified tiles (GVT), polished vitrified tiles (PVT), double charge tiles, tuff guard floor, digital wall tiles, large format slabs (including 1200x1800 mm, 1200x2400 mm), specialty/niche tiles (full body, solar reflective, step & riser, hardstone, Grestek, Slimgres).