Asian Granito India Ltd
Incorporated in 1995, Asian Granito manufactures and trades Tiles, Marble and allied products[1]
- Market Cap ₹ 1,540 Cr.
- Current Price ₹ 52.0
- High / Low ₹ 79.1 / 42.5
- Stock P/E 477
- Book Value ₹ 50.8
- Dividend Yield 0.00 %
- ROCE 1.08 %
- ROE 0.22 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.02 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 1.11% over past five years.
- Company has a low return on equity of 1.50% over last 3 years.
- Working capital days have increased from 157 days to 226 days
* 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
Part of BSE Consumer Discretionary
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 823 | 873 | 946 | 1,005 | 1,005 | 1,013 | 1,036 | 1,349 | 1,354 | 1,305 | 1,280 | 1,095 | |
| 763 | 803 | 865 | 920 | 961 | 945 | 938 | 1,267 | 1,396 | 1,277 | 1,254 | 1,068 | |
| Operating Profit | 60 | 70 | 81 | 84 | 44 | 68 | 98 | 82 | -43 | 28 | 26 | 27 |
| OPM % | 7% | 8% | 9% | 8% | 4% | 7% | 9% | 6% | -3% | 2% | 2% | 2% |
| 1 | 1 | 6 | 5 | 3 | 7 | 3 | 50 | 35 | 44 | 27 | 3 | |
| Interest | 22 | 24 | 24 | 21 | 18 | 20 | 17 | 7 | 9 | 11 | 10 | 13 |
| Depreciation | 19 | 21 | 16 | 17 | 17 | 18 | 18 | 18 | 19 | 20 | 19 | 12 |
| Profit before tax | 20 | 26 | 47 | 51 | 12 | 37 | 66 | 108 | -36 | 41 | 24 | 4 |
| Tax % | 28% | 27% | 32% | 35% | 39% | 20% | 25% | 18% | -26% | 27% | -15% | 20% |
| 14 | 19 | 32 | 33 | 7 | 30 | 49 | 88 | -26 | 30 | 27 | 3 | |
| EPS in Rs | 1.74 | 2.27 | 2.85 | 2.97 | 0.66 | 2.66 | 3.91 | 6.94 | -2.08 | 2.33 | 1.85 | 0.11 |
| Dividend Payout % | 0% | 0% | 12% | 12% | 25% | 7% | 3% | 5% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 1% |
| 3 Years: | -7% |
| TTM: | -14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -16% |
| 5 Years: | -42% |
| 3 Years: | 29% |
| TTM: | -88% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | -14% |
| 3 Years: | 3% |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 2% |
| 3 Years: | 2% |
| Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 23 | 23 | 30 | 30 | 30 | 30 | 34 | 57 | 127 | 127 | 147 | 296 |
| Reserves | 272 | 309 | 318 | 348 | 350 | 398 | 495 | 780 | 1,094 | 1,148 | 1,228 | 1,211 |
| 175 | 176 | 154 | 158 | 162 | 176 | 112 | 14 | 79 | 67 | 136 | 167 | |
| 180 | 197 | 276 | 321 | 359 | 298 | 304 | 262 | 307 | 301 | 345 | 323 | |
| Total Liabilities | 650 | 704 | 778 | 857 | 902 | 903 | 945 | 1,113 | 1,607 | 1,643 | 1,855 | 1,998 |
| 188 | 224 | 232 | 228 | 231 | 246 | 236 | 240 | 248 | 239 | 231 | 192 | |
| CWIP | 15 | 1 | 1 | 1 | 0 | 1 | 0 | 1 | 0 | 0 | 31 | 0 |
| Investments | 18 | 35 | 34 | 48 | 54 | 37 | 47 | 107 | 76 | 344 | 329 | 483 |
| 429 | 444 | 512 | 579 | 616 | 619 | 663 | 765 | 1,283 | 1,060 | 1,263 | 1,323 | |
| Total Assets | 650 | 704 | 778 | 857 | 902 | 903 | 945 | 1,113 | 1,607 | 1,643 | 1,855 | 1,998 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 106 | 63 | 71 | 42 | 50 | -23 | 56 | -26 | -54 | -28 | 12 | -2 | |
| -34 | -60 | -23 | -17 | -21 | -0 | -10 | -43 | -450 | 38 | -164 | -9 | |
| -76 | -4 | -47 | -21 | -19 | -0 | -28 | 111 | 462 | -3 | 130 | 8 | |
| Net Cash Flow | -4 | -1 | -0 | 4 | 10 | -23 | 18 | 43 | -43 | 7 | -21 | -4 |
| Free Cash Flow | 68 | 20 | 45 | 28 | 30 | -43 | 48 | -44 | -76 | -34 | -86 | -10 |
| CFO/OP | 181% | 96% | 98% | 67% | 124% | -18% | 70% | -15% | 107% | -84% | 58% | -6% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 70 | 74 | 97 | 116 | 120 | 121 | 123 | 110 | 108 | 105 | 121 | 126 |
| Inventory Days | 133 | 123 | 122 | 118 | 121 | 109 | 114 | 81 | 56 | 48 | 42 | 24 |
| Days Payable | 93 | 97 | 140 | 150 | 166 | 130 | 122 | 70 | 89 | 86 | 99 | 102 |
| Cash Conversion Cycle | 110 | 100 | 79 | 84 | 76 | 99 | 116 | 120 | 75 | 68 | 65 | 48 |
| Working Capital Days | 23 | 29 | 27 | 42 | 29 | 56 | 85 | 117 | 104 | 128 | 116 | 226 |
| ROCE % | 9% | 10% | 14% | 14% | 6% | 10% | 13% | 10% | -2% | 4% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Exclusive Showrooms (AGL Franchise) Nos |
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| Export Revenue Share % of Total Revenue |
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| Capacity Utilization - Ceramic Tiles % |
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| Installed Capacity Mn Sq.Mtr p.a. |
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| Ceramic Tiles Production Volume Mn Sq.Mtr |
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| Retail Sales Share % of Total Revenue |
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| Marble & Quartz Production Volume Mn Sq.Mtr |
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| Sanitaryware Production Volume Mn pieces |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
15 Jul - Board approved ₹3.38 crore loan conversion into HSM Sharjah equity; stake to dilute from 100% to 51%.
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Announcement under Regulation 30 (LODR)-Acquisition
15 Jul - Board approves ₹3.38 crore equity conversion; HSM Sharjah stake dilutes from 100% to 51%.
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Board Meeting Outcome for Outcome Of Board Meeting.
15 Jul - Board approved ₹3.38 crore loan conversion in HSM Sharjah; stake to dilute from 100% to 51%.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Jul - Regulation 74(5) certificate submitted for quarter ended 30 June 2026.
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Announcement Under Regulation 30 (LODR).
27 Jun - 27 June 2026: 26% stakes in AGL Proteins and Allomex Steel transferred to AGL Industries.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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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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Concalls
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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).
b) Marble and Quartz Surfaces:[2]
Engineered marble, multi-colored and imported marbles, onyx, multi-colored quartz, EStone quartz; strong presence in premium scratch-resistant, low porosity surfaces—used in residential, institutional, and hospitality applications.
c) Sanitaryware & Bathware:[1]
Water closets, basins, urinals, cisterns, seat covers, faucets, bathroom accessories, showers, CP fittings, all produced in-house since Oct 2023.
d) Other Offerings:[2]
Countertops, construction chemicals.