Asian Granito India Ltd
Incorporated in 1995, Asian Granito manufactures and trades Tiles, Marble and allied products[1]
- Market Cap ₹ 1,786 Cr.
- Current Price ₹ 60.2
- High / Low ₹ 79.1 / 55.0
- Stock P/E 85.6
- Book Value ₹ 51.4
- Dividend Yield 0.00 %
- ROCE 3.12 %
- ROE 1.44 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.17 times its book value
- Promoter holding has increased by 5.07% over last quarter.
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 7.53% over past five years.
- Tax rate seems low
- Company has a low return on equity of 0.92% over last 3 years.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 846 | 994 | 1,061 | 1,156 | 1,187 | 1,225 | 1,292 | 1,564 | 1,563 | 1,530 | 1,559 | 1,858 | |
| 786 | 903 | 934 | 1,017 | 1,099 | 1,107 | 1,156 | 1,444 | 1,635 | 1,480 | 1,487 | 1,754 | |
| Operating Profit | 60 | 91 | 127 | 139 | 88 | 118 | 136 | 120 | -73 | 50 | 72 | 104 |
| OPM % | 7% | 9% | 12% | 12% | 7% | 10% | 11% | 8% | -5% | 3% | 5% | 6% |
| 1 | 1 | 5 | 8 | 9 | 10 | 5 | 50 | 21 | 13 | 13 | 17 | |
| Interest | 23 | 29 | 41 | 39 | 37 | 40 | 35 | 26 | 27 | 31 | 26 | 35 |
| Depreciation | 19 | 28 | 24 | 25 | 27 | 31 | 29 | 30 | 34 | 47 | 51 | 64 |
| Profit before tax | 19 | 35 | 67 | 83 | 33 | 57 | 77 | 114 | -112 | -15 | 8 | 22 |
| Tax % | 30% | 32% | 28% | 31% | 30% | 19% | 25% | 19% | -23% | 33% | -165% | 14% |
| 15 | 26 | 49 | 57 | 23 | 46 | 58 | 92 | -87 | -20 | 21 | 19 | |
| EPS in Rs | 1.77 | 2.91 | 4.05 | 4.74 | 1.88 | 3.79 | 4.52 | 7.26 | -5.74 | -0.97 | 1.87 | 0.70 |
| Dividend Payout % | -0% | -0% | 9% | 7% | 9% | 5% | 3% | 4% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 8% |
| 3 Years: | 6% |
| TTM: | 19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | -18% |
| 3 Years: | 32% |
| TTM: | -25% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | -12% |
| 3 Years: | 9% |
| 1 Year: | 4% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 0% |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 267 | 341 | 369 | 405 | 421 | 487 | 592 | 861 | 1,129 | 1,141 | 1,221 | 1,226 |
| 175 | 335 | 327 | 340 | 361 | 332 | 295 | 199 | 227 | 248 | 272 | 439 | |
| 186 | 251 | 334 | 416 | 469 | 410 | 447 | 412 | 439 | 391 | 458 | 510 | |
| Total Liabilities | 651 | 950 | 1,060 | 1,191 | 1,281 | 1,259 | 1,367 | 1,529 | 1,922 | 1,907 | 2,098 | 2,472 |
| 188 | 392 | 413 | 426 | 472 | 463 | 457 | 476 | 577 | 783 | 749 | 1,009 | |
| CWIP | 15 | 6 | 1 | 11 | 0 | 9 | 24 | 52 | 177 | 0 | 36 | 49 |
| Investments | 11 | 13 | 17 | 23 | 28 | 30 | 46 | 66 | 13 | 23 | 3 | 5 |
| 438 | 539 | 629 | 731 | 782 | 757 | 839 | 935 | 1,155 | 1,101 | 1,309 | 1,408 | |
| Total Assets | 651 | 950 | 1,060 | 1,191 | 1,281 | 1,259 | 1,367 | 1,529 | 1,922 | 1,907 | 2,098 | 2,472 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 104 | 21 | 63 | 94 | 88 | 56 | 46 | -7 | -49 | -82 | 81 | ||
| -33 | -221 | -40 | -48 | -62 | -41 | -26 | -23 | -423 | 71 | -162 | ||
| -76 | 203 | -22 | -42 | -16 | -40 | 10 | 98 | 408 | 8 | 72 | ||
| Net Cash Flow | -4 | 3 | 1 | 5 | 9 | -24 | 30 | 67 | -64 | -4 | -8 | |
| Free Cash Flow | 67 | -202 | 24 | 46 | 25 | 2 | 7 | -80 | -304 | -157 | -92 | |
| CFO/OP | 182% | 29% | 57% | 80% | 112% | 60% | 44% | 6% | 53% | -156% | 122% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 71 | 72 | 103 | 127 | 123 | 112 | 119 | 109 | 97 | 97 | 119 | 109 |
| Inventory Days | 130 | 145 | 179 | 164 | 174 | 149 | 142 | 123 | 88 | 103 | 111 | 111 |
| Days Payable | 93 | 92 | 150 | 177 | 192 | 159 | 134 | 105 | 106 | 106 | 139 | 126 |
| Cash Conversion Cycle | 108 | 125 | 132 | 114 | 105 | 102 | 126 | 127 | 80 | 93 | 91 | 94 |
| Working Capital Days | 25 | 29 | 35 | 36 | 20 | 37 | 76 | 100 | 83 | 128 | 105 | 92 |
| ROCE % | 9% | 11% | 14% | 16% | 9% | 11% | 12% | 10% | -6% | 1% | 2% | 3% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Exclusive Franchise Showrooms Numbers |
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| Installed Capacity Mn Sq. Mtrs. |
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| Number of Dealers and Sub-dealers Numbers |
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| Capacity Utilization (Tiles) % |
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| Total Production Volume Mn Sq. Mtrs. |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1 Jun - Asian Granito India reported FY26 revenue of Rs. 1,858.06 crore and net profit of Rs. 18.74 crore.
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Opening Of Trading Window
30 May - Trading window opens 48 hours after 30 May 2026 audited results announcement.
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Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
30 May - Board approved FY26 audited results and transfer of 26% stakes in AGL Proteins and Allomex Steel to AGL Industries.
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Board Meeting Outcome for Audited Financial Results
30 May - Board approved FY26 audited results and sale of 26% stakes in AGL Proteins and Allomex Steel to AGL Industries.
- Results 30 May
Annual reports
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Financial Year 2025
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Financial Year 2014
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Financial Year 2012
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Financial Year 2011
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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.