Asian Granito India Ltd
₹ 61.8
-2.74%
15 Dec
4:01 p.m.
About
Incorporated in 1995, Asian Granito manufactures and trades Tiles, Marble and allied products[1]
Key Points
- Market Cap ₹ 1,433 Cr.
- Current Price ₹ 61.8
- High / Low ₹ 74.5 / 39.2
- Stock P/E 45.0
- Book Value ₹ 62.2
- Dividend Yield 0.00 %
- ROCE 2.17 %
- ROE 2.10 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.01 times its book value
Cons
- The company has delivered a poor sales growth of 4.94% over past five years.
- Promoter holding is low: 33.5%
- Company has a low return on equity of -1.54% 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
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Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 775 | 846 | 994 | 1,061 | 1,156 | 1,187 | 1,225 | 1,292 | 1,564 | 1,563 | 1,530 | 1,559 | 1,648 | |
| 712 | 786 | 903 | 934 | 1,017 | 1,099 | 1,107 | 1,156 | 1,444 | 1,635 | 1,480 | 1,487 | 1,548 | |
| Operating Profit | 63 | 60 | 91 | 127 | 139 | 88 | 118 | 136 | 120 | -73 | 50 | 72 | 99 |
| OPM % | 8% | 7% | 9% | 12% | 12% | 7% | 10% | 11% | 8% | -5% | 3% | 5% | 6% |
| 1 | 1 | 1 | 5 | 8 | 9 | 10 | 5 | 50 | 21 | 13 | 13 | 16 | |
| Interest | 21 | 23 | 29 | 41 | 39 | 37 | 40 | 35 | 26 | 27 | 31 | 26 | 30 |
| Depreciation | 22 | 19 | 28 | 24 | 25 | 27 | 31 | 29 | 30 | 34 | 47 | 51 | 54 |
| Profit before tax | 22 | 19 | 35 | 67 | 83 | 33 | 57 | 77 | 114 | -112 | -15 | 8 | 32 |
| Tax % | 39% | 30% | 32% | 28% | 31% | 30% | 19% | 25% | 19% | -23% | 33% | -165% | |
| 12 | 15 | 26 | 49 | 57 | 23 | 46 | 58 | 92 | -87 | -20 | 21 | 31 | |
| EPS in Rs | 1.45 | 1.77 | 2.91 | 4.05 | 4.74 | 1.88 | 3.79 | 4.52 | 7.26 | -5.74 | -0.97 | 1.87 | 1.76 |
| Dividend Payout % | 0% | 0% | 0% | 9% | 7% | 9% | 5% | 3% | 4% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 5% |
| 3 Years: | 0% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | -8% |
| 3 Years: | -23% |
| TTM: | 907% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | -19% |
| 3 Years: | 8% |
| 1 Year: | -13% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 1% |
| 3 Years: | -2% |
| Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 23 | 23 | 30 | 30 | 30 | 30 | 34 | 57 | 127 | 127 | 147 | 232 |
| Reserves | 253 | 267 | 341 | 369 | 405 | 421 | 487 | 592 | 861 | 1,129 | 1,141 | 1,221 | 1,210 |
| 228 | 175 | 335 | 327 | 340 | 361 | 332 | 295 | 199 | 227 | 248 | 272 | 295 | |
| 182 | 186 | 251 | 334 | 416 | 469 | 410 | 447 | 412 | 439 | 391 | 458 | 551 | |
| Total Liabilities | 685 | 651 | 950 | 1,060 | 1,191 | 1,281 | 1,259 | 1,367 | 1,529 | 1,922 | 1,907 | 2,098 | 2,288 |
| 178 | 188 | 392 | 413 | 426 | 472 | 463 | 457 | 476 | 577 | 783 | 749 | 896 | |
| CWIP | 7 | 15 | 6 | 1 | 11 | 0 | 9 | 24 | 52 | 177 | 0 | 36 | 11 |
| Investments | 13 | 11 | 13 | 17 | 23 | 28 | 30 | 46 | 66 | 13 | 23 | 3 | 4 |
| 488 | 438 | 539 | 629 | 731 | 782 | 757 | 839 | 935 | 1,155 | 1,101 | 1,309 | 1,377 | |
| Total Assets | 685 | 651 | 950 | 1,060 | 1,191 | 1,281 | 1,259 | 1,367 | 1,529 | 1,922 | 1,907 | 2,098 | 2,288 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 62 | 104 | 21 | 63 | 94 | 88 | 56 | 46 | -7 | -49 | -82 | 81 | |
| -28 | -33 | -221 | -40 | -48 | -62 | -41 | -26 | -23 | -423 | 71 | -162 | |
| -43 | -76 | 203 | -22 | -42 | -16 | -40 | 10 | 98 | 408 | 8 | 72 | |
| Net Cash Flow | -10 | -4 | 3 | 1 | 5 | 9 | -24 | 30 | 67 | -64 | -4 | -8 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 90 | 71 | 72 | 103 | 127 | 123 | 112 | 119 | 109 | 97 | 97 | 119 |
| Inventory Days | 157 | 130 | 145 | 179 | 164 | 174 | 149 | 142 | 123 | 88 | 103 | 111 |
| Days Payable | 107 | 93 | 92 | 150 | 177 | 192 | 159 | 134 | 105 | 106 | 106 | 139 |
| Cash Conversion Cycle | 140 | 108 | 125 | 132 | 114 | 105 | 102 | 126 | 127 | 80 | 93 | 91 |
| Working Capital Days | 25 | 25 | 29 | 35 | 36 | 20 | 39 | 76 | 100 | 83 | 128 | 105 |
| ROCE % | 8% | 9% | 11% | 14% | 16% | 9% | 11% | 12% | 10% | -6% | 1% | 2% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Acquisition
3 Dec - Asian Granito to buy 26% in Allomex Steel for Rs.26,000; newly incorporated (27 Aug 2025).
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Board Meeting Outcome for Outcome Of Board Meeting
3 Dec - Approved acquisition of 26% in Allomex Steel for Rs.26,000; ASPL incorporated Aug 27, 2025; related-party.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 21 Nov
-
Opening Of Trading Window
12 Nov - Trading window reopens 48 hours after announcement of Q2/H1 FY26 unaudited results; Board met 12 Nov 2025.
-
Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
12 Nov - Approved Q2/H1 Sep 30, 2025 results; sold 25% of AGL Proteins for Rs.25,000; capital increase in Thailand subsidiary.
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 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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Concalls
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Sep 2015TranscriptAI SummaryPPT
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).