About
Aro Granite Industries Limited engages in the manufacturing and trading of polished/flamed granite tiles and slabs in India. It offers natural stone granite slabs and granite tiles; and engineered quartz stone slabs for construction, home renovation, wall panelling, countertops, flooring, interior surfaces, and architectural installations. The company also exports its products to approximately 50 countries, including the United States, Canada, Europe, Japan, the Far East, and South Pacific countries. Aro Granite Industries Limited was incorporated in 1988 and is based in Hosur, India.
Key Metrics
as of Sep 2026Market Cap38 Cr
P/E—
Div Yield0.00 %
Book Value₹114.00
52w High₹45.80
52w Low₹18.60
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 20.62 | 11.52 | 14.69 | 20.27 | 27.04 | 26.81 | 30.12 | 28.61 | 37.55 | 32.90 | 33.35 | 37.42 | 51.43 |
| Expenses | 23.28 | 14.31 | 16.45 | 19.81 | 21.45 | 26.10 | 29.69 | 28.55 | 32.44 | 24.92 | 26.58 | 31.86 | 42.96 |
| Operating Profit | -2.66 | -2.79 | -1.76 | 0.46 | 5.59 | 0.71 | 0.43 | 0.06 | 5.11 | 7.98 | 6.77 | 5.56 | 8.47 |
| OPM % | -12.90 | -24.22 | -11.98 | 2.27 | 20.67 | 2.65 | 1.43 | 0.21 | 13.61 | 24.26 | 20.30 | 14.86 | 16.47 |
| Other Income | 0.58 | 2.48 | 5.04 | 3.86 | 0.44 | 5.14 | 5.41 | -2.08 | 1.18 | 0.35 | 0.21 | 1.30 | 0.59 |
| Depreciation | 2.47 | 2.50 | 2.42 | 2.45 | 2.45 | 2.48 | 2.50 | 2.36 | 2.60 | 2.94 | 2.92 | 2.92 | 2.94 |
| Interest | 2.92 | 3.58 | 3.78 | 4.27 | 3.48 | 3.27 | 2.97 | 3.09 | 3.54 | 5.01 | 3.71 | 3.50 | 3.88 |
| Profit before tax | -7.47 | -6.39 | -2.92 | -2.40 | 0.10 | 0.10 | 0.37 | -7.47 | 0.15 | 0.38 | 0.35 | 0.44 | 2.24 |
| Tax % | -0.27 | 0.31 | 1.71 | 3.33 | 40.00 | 70.00 | 102.70 | -3.61 | -400.00 | 5.26 | 77.14 | 11.36 | 41.07 |
| Net Profit | -7.45 | -6.41 | -2.97 | -2.49 | 0.06 | 0.02 | 0.00 | -7.20 | 0.75 | 0.36 | 0.08 | 0.39 | 1.32 |
| EPS in Rs | -4.87 | -4.19 | -1.94 | -1.63 | 0.04 | 0.01 | 0.00 | -4.71 | 0.49 | 0.24 | 0.05 | 0.25 | 0.86 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 73.00 | 123.00 | 154.00 | 163.00 | 224.00 | 179.00 | 177.00 | 171.00 | 199.00 | 237.00 | 213.00 | 253.00 |
| Expenses | 72.00 | 116.00 | 123.00 | 144.00 | 194.00 | 155.00 | 159.00 | 148.00 | 186.00 | 207.00 | 193.00 | 224.00 |
| Operating Profit | 2.00 | 6.00 | 31.00 | 19.00 | 30.00 | 24.00 | 19.00 | 24.00 | 13.00 | 29.00 | 20.00 | 29.00 |
| OPM % | 2.00 | 5.00 | 20.00 | 12.00 | 13.00 | 13.00 | 10.00 | 14.00 | 6.00 | 12.00 | 9.00 | 11.00 |
| Other Income | 12.00 | 10.00 | 0.00 | 1.00 | 1.00 | 1.00 | 3.00 | 2.00 | 1.00 | 1.00 | 1.00 | 5.00 |
| Interest | 15.00 | 13.00 | 16.00 | 13.00 | 8.00 | 5.00 | 6.00 | 5.00 | 4.00 | 5.00 | 5.00 | 6.00 |
| Depreciation | 10.00 | 10.00 | 12.00 | 13.00 | 13.00 | 11.00 | 11.00 | 8.00 | 9.00 | 9.00 | 9.00 | 9.00 |
| Profit before tax | -12.00 | -7.00 | 3.00 | -6.00 | 11.00 | 8.00 | 5.00 | 13.00 | 1.00 | 16.00 | 7.00 | 19.00 |
| Tax % | 2.00 | -6.00 | 61.00 | -2.00 | 17.00 | 24.00 | 30.00 | 22.00 | 9.00 | 23.00 | 14.00 | 12.00 |
| Net Profit | -12.00 | -6.00 | 1.00 | -6.00 | 9.00 | 6.00 | 4.00 | 10.00 | 1.00 | 13.00 | 6.00 | 17.00 |
| EPS in Rs | -7.73 | -4.20 | 0.86 | -3.78 | 5.82 | 3.95 | 2.36 | 6.35 | 0.76 | 8.25 | 3.83 | 10.91 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 16.00 | 0.00 | 12.00 | 26.00 | 9.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 |
| Reserves | 159.00 | 171.00 | 177.00 | 175.00 | 181.00 | 172.00 | 166.00 | 165.00 | 155.00 | 154.00 | 143.00 | 139.00 |
| Borrowings | 152.00 | 160.00 | 189.00 | 205.00 | 199.00 | 168.00 | 159.00 | 129.00 | 93.00 | 102.00 | 115.00 | 119.00 |
| Other Liabilities | 69.00 | 74.00 | 64.00 | 55.00 | 56.00 | 48.00 | 54.00 | 34.00 | 41.00 | 37.00 | 35.00 | 36.00 |
| Total Liabilities | 394.00 | 420.00 | 445.00 | 450.00 | 451.00 | 404.00 | 395.00 | 343.00 | 304.00 | 308.00 | 309.00 | 310.00 |
| Fixed Assets | 128.00 | 139.00 | 149.00 | 160.00 | 163.00 | 174.00 | 139.00 | 90.00 | 90.00 | 91.00 | 73.00 | 74.00 |
| CWIP | 1.00 | 1.00 | 1.00 | 1.00 | 8.00 | 1.00 | 42.00 | 23.00 | 6.00 | 2.00 | 21.00 | 7.00 |
| Investments | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 264.00 | 279.00 | 294.00 | 288.00 | 280.00 | 228.00 | 213.00 | 230.00 | 207.00 | 215.00 | 216.00 | 229.00 |
| Total Assets | 394.00 | 420.00 | 445.00 | 450.00 | 451.00 | 404.00 | 395.00 | 343.00 | 304.00 | 308.00 | 309.00 | 310.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 17.00 | 33.00 | 35.00 | 14.00 | -18.00 | 1.00 | 63.00 | -3.00 | 22.00 | 16.00 | 21.00 | 0.00 |
| Cash from Investing Activity | 3.00 | 0.00 | 0.00 | -3.00 | -6.00 | -4.00 | -78.00 | -26.00 | -11.00 | -7.00 | -24.00 | -4.00 |
| Cash from Financing Activity | -16.00 | -34.00 | -32.00 | -15.00 | 24.00 | 3.00 | 12.00 | 32.00 | -11.00 | -15.00 | -5.00 | 8.00 |
| Net Cash Flow | 4.00 | 0.00 | 3.00 | -4.00 | 0.00 | -1.00 | -3.00 | 2.00 | 0.00 | -6.00 | -9.00 | 5.00 |
| Free Cash Flow | 19.00 | 33.00 | 35.00 | 11.00 | -25.00 | -4.00 | -15.00 | -30.00 | 22.00 | 16.00 | -1.00 | -8.00 |
| CFO/OP % | 1,115.00 | 518.00 | 114.00 | 78.00 | -57.00 | 6.00 | 351.00 | -3.00 | 189.00 | 68.00 | 112.00 | 17.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 112.00 | 104.00 | 117.00 | 137.00 | 119.00 | 131.00 | 121.00 | 122.00 | 128.00 | 127.00 | 138.00 | 122.00 |
| Inventory Days | 2,640.00 | 1,342.00 | 1,623.00 | 1,299.00 | 793.00 | 759.00 | 725.00 | 621.00 | 413.00 | 373.00 | 306.00 | 258.00 |
| Days Payable | 563.00 | 307.00 | 306.00 | 233.00 | 148.00 | 150.00 | 158.00 | 79.00 | 88.00 | 54.00 | 49.00 | 43.00 |
| Cash Conversion Cycle | 2,189.00 | 1,139.00 | 1,435.00 | 1,204.00 | 764.00 | 739.00 | 688.00 | 664.00 | 453.00 | 446.00 | 396.00 | 337.00 |
| Working Capital Days | 352.00 | 232.00 | 220.00 | 210.00 | 151.00 | 115.00 | 68.00 | 118.00 | 139.00 | 128.00 | 131.00 | 105.00 |
| ROCE % | 1.00 | 2.00 | 5.00 | 2.00 | 5.00 | 4.00 | 3.00 | 6.00 | 2.00 | 8.00 | 4.00 | 10.00 |
Corporate Actions
21 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 11 Sep 2024 | — | — | — | Annual General Meeting |
| Other | 01 Sep 2023 | — | — | — | Annual General Meeting |
| Other | 18 Aug 2022 | — | — | — | Annual General Meeting |
| Other | 16 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 17 Sep 2020 | — | — | — | Annual General Meeting |
| Dividend | 23 Aug 2019 | — | — | 1.00 | |
| Other | 10 Sep 2018 | — | — | — | Annual General Meeting |
| Dividend | 08 Sep 2017 | — | — | 1.00 | |
| Dividend | 01 Sep 2016 | — | — | 1.00 | |
| Dividend | 03 Sep 2015 | — | — | 1.00 | |
| Dividend | 28 Aug 2014 | — | — | 1.00 | |
| Bonus | 30 Oct 2013 | 31 Oct 2013 | 1:2 | — | |
| Dividend | 17 Jul 2013 | — | — | 1.00 | |
| Dividend | 20 Jul 2012 | — | — | 1.00 | |
| Dividend | 21 Jul 2011 | — | — | 1.00 | |
| Dividend | 22 Jul 2010 | — | — | 1.00 | |
| Dividend | 21 Jul 2009 | — | — | 1.00 | |
| Bonus | 26 Sep 2008 | 30 Sep 2008 | 1:2 | — | |
| Dividend | 17 Jul 2008 | — | — | 1.50 | |
| Dividend | 14 Aug 2007 | — | — | 2.00 | |
| Dividend | 17 Jul 2001 | — | — | 1.20 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update2 Dec 2025 from care
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Rating update26 May 2025 from care
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Rating update23 Sep 2024 from care
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Rating update12 Sep 2023 from care
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Rating update9 Feb 2023 from care
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Rating update6 Dec 2022 from care