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Asian Granito India Overview

Asian Granito India Ltd is engaged inside the business of producing of tiles. The Company offers tiles, along with wall and ceramics, and marble and quartz. The Company manufactures numerous kinds of vitrified tiles, along with glazed and polished in over 1200 designs. The Company additionally exports tiles to approximately 50 international locations. The Company's Grestek product class includes XXL DECOR ROSETTA STONE, LEVIGATO GLITTER BEIGE, LEVIGATO GLITTER AQUA, XXL ROSETTA STONE BEIGE, XXL DECOR BASALTINA, XXL BASALTINA STONE GRIGIO, VELVE...Read More

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Asian Granito India Key Financials

Market Cap ₹1686 Cr.

Stock P/E 82

P/B 1.2

Current Price ₹72.7

Book Value ₹ 63

Face Value 10

52W High ₹78.8

Dividend Yield 0%

52W Low ₹ 39.6

Asian Granito India Share Price

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Volume
Price

Asian Granito India Quarterly Price

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Asian Granito India Peer Comparison

Asian Granito India Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 401 371 424 360 376 366 472 388 407 424
Other Income 1 1 4 1 1 1 7 5 3 3
Total Income 402 373 428 361 377 367 478 393 410 427
Total Expenditure 381 370 404 344 361 353 442 363 370 383
Operating Profit 21 3 24 17 16 14 36 30 40 44
Interest 7 5 11 7 7 7 8 7 7 7
Depreciation 12 12 13 14 14 14 12 14 13 13
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 2 -14 0 -4 -6 -7 16 9 20 24
Provision for Tax 5 -6 6 -3 -7 -3 -1 2 3 5
Profit After Tax -3 -8 -5 -2 1 -4 16 7 17 19
Adjustments 2 2 3 -0 0 -0 3 0 -0 2
Profit After Adjustments -1 -6 -2 -2 1 -5 19 7 16 20
Adjusted Earnings Per Share -0.1 -0.5 -0.2 -0.1 0.1 -0.2 1.3 0.3 0.7 0.9

Asian Granito India Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 846 994 1064 1156 1187 1225 1292 1564 1563 1531 1559 1691
Other Income 3 1 7 5 9 14 4 49 21 22 14 18
Total Income 849 995 1071 1161 1196 1238 1297 1613 1584 1553 1572 1708
Total Expenditure 788 903 939 1017 1103 1113 1157 1444 1635 1489 1487 1558
Operating Profit 61 92 132 144 93 125 139 169 -51 63 85 150
Interest 23 29 41 39 37 40 35 26 27 31 26 29
Depreciation 19 28 24 25 27 31 29 30 34 47 51 52
Exceptional Income / Expenses 0 -1 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 19 35 67 80 29 57 77 114 -112 -15 8 69
Provision for Tax 6 11 19 26 10 11 20 22 -26 5 -13 9
Profit After Tax 13 24 48 54 19 46 58 92 -87 -20 21 59
Adjustments 1 1 -3 -2 2 -4 -1 -0 14 8 7 5
Profit After Adjustments 15 24 45 53 21 42 57 92 -73 -12 28 62
Adjusted Earnings Per Share 4.1 6.8 9.5 11.1 4.4 8.9 10.6 12.1 -5.7 -1 1.9 3.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 2% -0% 5% 6%
Operating Profit CAGR 35% -20% -7% 3%
PAT CAGR 0% -39% -15% 5%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 23% 21% -16% -1%
ROE Average 2% -3% 3% 6%
ROCE Average 2% -1% 5% 9%

Asian Granito India Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 290 363 399 435 451 517 626 918 1256 1267 1368
Minority's Interest 0 19 24 29 36 29 30 34 21 13 9
Borrowings 15 118 104 119 99 81 111 90 81 121 77
Other Non-Current Liabilities 27 58 36 25 31 37 67 44 16 21 0
Total Current Liabilities 320 392 496 584 664 595 534 442 547 485 633
Total Liabilities 651 950 1060 1191 1281 1259 1367 1529 1922 1907 2087
Fixed Assets 188 392 413 425 471 462 457 476 576 782 748
Other Non-Current Assets 69 43 30 45 46 57 68 77 218 24 197
Total Current Assets 392 489 617 721 764 740 843 976 1128 1100 1142
Total Assets 651 950 1060 1191 1281 1259 1367 1529 1922 1907 2087

Asian Granito India Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 19 15 13 14 18 28 4 34 101 37 33
Cash Flow from Operating Activities 104 21 63 94 88 56 46 -7 -49 -82 81
Cash Flow from Investing Activities -33 -221 -40 -48 -62 -41 -26 -23 -423 71 -162
Cash Flow from Financing Activities -76 203 -22 -42 -16 -40 10 98 408 8 72
Net Cash Inflow / Outflow -4 3 1 5 9 -24 30 67 -64 -4 -8
Closing Cash & Cash Equivalent 15 17 14 18 28 4 34 101 37 33 25

Asian Granito India Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 4.14 6.79 9.46 11.06 4.38 8.86 10.57 12.11 -5.74 -0.97 1.87
CEPS(Rs) 9.07 14.35 15.12 16.74 9.67 16.13 16.13 16.09 -4.16 2.14 4.85
DPS(Rs) 0 0 1.3 1.3 0.6 0.7 0.5 0.52 0 0 0
Book NAV/Share(Rs) 80.55 92.28 83.77 91.36 94.71 104.18 115.5 120.93 99.1 98.06 93.02
Core EBITDA Margin(%) 6.19 8.34 10.99 11.84 7.03 9.11 10.41 7.64 -4.63 2.69 4.57
EBIT Margin(%) 4.47 5.89 9.46 10.1 5.5 7.91 8.64 8.9 -5.44 1.07 2.19
Pre Tax Margin(%) 2.03 3.22 5.88 6.81 2.4 4.65 5.95 7.27 -7.15 -0.98 0.5
PAT Margin (%) 1.43 2.18 4.21 4.63 1.57 3.75 4.44 5.88 -5.53 -1.3 1.32
Cash Profit Margin (%) 3.48 4.71 6.34 6.79 3.87 6.25 6.71 7.8 -3.36 1.77 4.56
ROA(%) 1.99 2.97 4.76 4.83 1.52 3.63 4.39 6.36 -5.04 -1.04 1.03
ROE(%) 4.75 7.69 13.14 13.03 4.23 9.72 10.3 11.95 -7.99 -1.59 1.57
ROCE(%) 8.63 11.29 15.38 15.81 8.25 11.78 12.81 13.82 -6.63 1.1 2.18
Receivable days 69.86 60.72 79.66 108.84 122.76 115.04 111.83 103.57 102.92 97.89 106.61
Inventory Days 78.05 73.14 83.25 85.39 89.08 88.68 86.01 75.45 67.76 62.16 64.34
Payable days 96.17 86.6 121.18 156.94 180.41 165.54 135.73 108.82 101.44 112.05 123.43
PER(x) 18.27 14.15 24.49 25.75 35.76 11.72 8.61 6.11 0 0 23.02
Price/Book(x) 0.94 1.04 2.77 3.12 1.65 1 0.79 0.61 0.35 0.58 0.46
Dividend Yield(%) 0 0 0.35 0.29 0.24 0.43 0.35 0.71 0 0 0
EV/Net Sales(x) 0.51 0.67 1.33 1.45 0.9 0.65 0.59 0.45 0.29 0.59 0.53
EV/Core EBITDA(x) 7.1 7.17 10.73 11.64 11.57 6.39 5.43 4.2 -8.71 14.25 9.81
Net Sales Growth(%) 9.14 17.48 7.04 8.62 2.69 3.19 5.53 21.01 -0.07 -2.06 1.83
EBIT Growth(%) -2.68 54.06 67.72 10.29 -44.82 48.48 15.31 24.42 -161.31 119.13 108.83
PAT Growth(%) 0.93 78.29 101.63 13.56 -65.54 145.75 25.11 59.85 -194.37 77.09 203.26
EPS Growth(%) 22.36 63.93 39.46 16.9 -60.39 102.11 19.39 14.53 -147.36 83.14 293.7
Debt/Equity(x) 0.61 1.02 0.82 0.78 0.8 0.65 0.46 0.21 0.17 0.19 0.19
Current Ratio(x) 1.22 1.25 1.24 1.24 1.15 1.24 1.58 2.21 2.06 2.27 1.8
Quick Ratio(x) 0.63 0.62 0.69 0.76 0.69 0.75 0.98 1.46 1.59 1.72 1.36
Interest Cover(x) 1.83 2.2 2.64 3.07 1.77 2.43 3.21 5.45 -3.17 0.52 1.29
Total Debt/Mcap(x) 0.65 0.98 0.3 0.25 0.48 0.65 0.58 0.34 0.49 0.32 0.41

Asian Granito India Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 29.02 29.02 29.02 29.02 29.02 33.52 33.52 33.52 33.46 33.72
FII 1.07 0.97 1.36 2.71 2.23 1.59 1.93 1.43 1.1 1.73
DII 0 0 0 0.39 0.26 0.22 0.22 0.22 0.14 0.14
Public 69.92 70.01 69.62 67.88 68.5 64.67 64.33 64.83 65.3 64.41
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Asian Granito India News

Asian Granito India Pros & Cons

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 33.72%.
  • Company has a low return on equity of -3% over the last 3 years.
  • Debtor days have increased from 112.05 to 123.43days.
  • The company has delivered a poor profit growth of -14% over past five years.
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