About
Asian Granito India Limited, together with its subsidiaries, engages in the manufacture and trade of tiles, marbles, and allied products in India and internationally. The company offers floor, wall, and parking tiles; glazed and polished vitrified tiles; countertops; quartz and marble surfaces; sanitary ware comprising showers, water closets, basins, urinals, cisterns, and seat covers; bath ware; CP fittings; faucets and construction chemicals. It distributes its products through a network of dealers and sub-dealers, retail touchpoints, display centers, and franchisee showrooms. The company was incorporated in 1995 and is headquartered in Ahmedabad, India.
Key Metrics
as of Sep 2026Market Cap1,490 Cr
P/E114.00
Div Yield0.00 %
Book Value₹51.40
52w High₹79.10
52w Low₹42.50
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 | 277.77 | 294.58 | 268.42 | 272.42 | 259.64 | 339.61 | 257.99 | 322.71 | 241.75 | 350.79 | 320.24 | 341.44 | 292.67 |
| Expenses | 268.73 | 293.84 | 260.51 | 261.93 | 251.72 | 334.44 | 259.60 | 318.17 | 239.00 | 342.62 | 315.01 | 329.03 | 288.87 |
| Operating Profit | 9.04 | 0.74 | 7.91 | 10.49 | 7.92 | 5.17 | -1.61 | 4.54 | 2.75 | 8.17 | 5.23 | 12.41 | 3.80 |
| OPM % | 3.25 | 0.25 | 2.95 | 3.85 | 3.05 | 1.52 | -0.62 | 1.41 | 1.14 | 2.33 | 1.63 | 3.63 | 1.30 |
| Other Income | 0.61 | -14.16 | 5.24 | 5.52 | 5.96 | 5.78 | 6.12 | 5.56 | 5.32 | 11.70 | 9.74 | 8.21 | 12.09 |
| Depreciation | 2.88 | 3.37 | 3.17 | 2.10 | 3.72 | 3.62 | 3.87 | 4.79 | 3.95 | 5.45 | 4.82 | 4.87 | 4.96 |
| Interest | 3.41 | 4.09 | 3.18 | 3.12 | 2.81 | 2.79 | 2.21 | 2.19 | 1.58 | 2.80 | 1.93 | 2.59 | 3.41 |
| Profit before tax | 3.36 | -20.88 | 6.80 | 10.79 | 7.35 | 4.54 | -1.57 | 3.12 | 2.54 | 11.62 | 8.22 | 13.16 | 7.52 |
| Tax % | 33.33 | -31.70 | 34.56 | 27.80 | 28.57 | -121.37 | -171.34 | 29.49 | 20.47 | 21.94 | 21.65 | 35.79 | 25.00 |
| Net Profit | 2.24 | -14.26 | 4.45 | 7.79 | 5.25 | 10.05 | 1.13 | 2.20 | 2.01 | 9.06 | 6.44 | 8.45 | 5.64 |
| EPS in Rs | 0.08 | -0.48 | 0.19 | 0.34 | 0.36 | 0.68 | 0.08 | 0.17 | 0.16 | 0.71 | 0.51 | 0.67 | 0.44 |
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 | 1,095.00 | 1,122.00 | 1,305.00 | 1,354.00 | 1,349.00 | 1,036.00 | 1,013.00 | 1,005.00 | 1,005.00 | 946.00 | 873.00 | 823.00 |
| Expenses | 1,077.00 | 1,121.00 | 1,277.00 | 1,396.00 | 1,267.00 | 938.00 | 945.00 | 961.00 | 920.00 | 865.00 | 803.00 | 763.00 |
| Operating Profit | 18.00 | 1.00 | 28.00 | -43.00 | 82.00 | 98.00 | 68.00 | 44.00 | 84.00 | 81.00 | 70.00 | 60.00 |
| OPM % | 1.60 | 0.10 | 2.10 | -3.10 | 6.00 | 9.00 | 7.00 | 4.40 | 8.00 | 9.00 | 8.00 | 7.00 |
| Other Income | 12.00 | 27.00 | 44.00 | 35.00 | 50.00 | 3.00 | 7.00 | 3.00 | 5.00 | 6.00 | 1.00 | 1.00 |
| Interest | 13.00 | 8.00 | 11.00 | 9.00 | 7.00 | 17.00 | 20.00 | 18.00 | 21.00 | 24.00 | 24.00 | 22.00 |
| Depreciation | 12.00 | 15.00 | 20.00 | 19.00 | 18.00 | 18.00 | 18.00 | 17.00 | 17.00 | 16.00 | 21.00 | 19.00 |
| Profit before tax | 4.00 | 4.00 | 41.00 | -36.00 | 108.00 | 66.00 | 37.00 | 12.00 | 51.00 | 47.00 | 26.00 | 20.00 |
| Tax % | 20.00 | -182.00 | 27.00 | -26.00 | 18.00 | 25.00 | 20.00 | 39.00 | 35.00 | 32.00 | 27.00 | 28.00 |
| Net Profit | 3.00 | 12.00 | 30.00 | -26.00 | 88.00 | 49.00 | 30.00 | 7.00 | 33.00 | 32.00 | 19.00 | 14.00 |
| EPS in Rs | 0.11 | 0.81 | 2.33 | -2.08 | 6.94 | 3.91 | 2.66 | 0.66 | 2.97 | 2.85 | 2.27 | 1.74 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 5.00 | 3.00 | 7.00 | 25.00 | 12.00 | 12.00 | 0.00 | 0.00 |
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 | 296.00 | 296.00 | 127.00 | 127.00 | 57.00 | 34.00 | 30.00 | 30.00 | 30.00 | 30.00 | 23.00 | 23.00 |
| Reserves | 1,211.00 | 1,208.00 | 1,148.00 | 1,094.00 | 780.00 | 495.00 | 398.00 | 350.00 | 348.00 | 318.00 | 309.00 | 272.00 |
| Borrowings | 167.00 | 141.00 | 67.00 | 79.00 | 14.00 | 112.00 | 176.00 | 162.00 | 158.00 | 154.00 | 176.00 | 175.00 |
| Other Liabilities | 323.00 | 338.00 | 301.00 | 307.00 | 262.00 | 304.00 | 298.00 | 359.00 | 321.00 | 276.00 | 197.00 | 180.00 |
| Total Liabilities | 1,998.00 | 1,983.00 | 1,643.00 | 1,607.00 | 1,113.00 | 945.00 | 903.00 | 902.00 | 857.00 | 778.00 | 704.00 | 650.00 |
| Fixed Assets | 192.00 | 175.00 | 239.00 | 248.00 | 240.00 | 236.00 | 246.00 | 231.00 | 228.00 | 232.00 | 224.00 | 188.00 |
| CWIP | 0.00 | 31.00 | 0.00 | 0.00 | 1.00 | 0.00 | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 | 15.00 |
| Investments | 483.00 | 479.00 | 344.00 | 76.00 | 107.00 | 47.00 | 37.00 | 54.00 | 48.00 | 34.00 | 35.00 | 18.00 |
| Other Assets | 1,323.00 | 1,298.00 | 1,060.00 | 1,283.00 | 765.00 | 663.00 | 619.00 | 616.00 | 579.00 | 512.00 | 444.00 | 429.00 |
| Total Assets | 1,998.00 | 1,983.00 | 1,643.00 | 1,607.00 | 1,113.00 | 945.00 | 903.00 | 902.00 | 857.00 | 778.00 | 704.00 | 650.00 |
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 | -2.00 | -19.00 | -28.00 | -54.00 | -26.00 | 56.00 | -23.00 | 50.00 | 42.00 | 71.00 | 63.00 | 106.00 |
| Cash from Investing Activity | -9.00 | -131.00 | 38.00 | -450.00 | -43.00 | -10.00 | 0.00 | -21.00 | -17.00 | -23.00 | -60.00 | -34.00 |
| Cash from Financing Activity | 8.00 | 128.00 | -3.00 | 462.00 | 111.00 | -28.00 | 0.00 | -19.00 | -21.00 | -47.00 | -4.00 | -76.00 |
| Net Cash Flow | -4.00 | -21.00 | 7.00 | -43.00 | 43.00 | 18.00 | -23.00 | 10.00 | 4.00 | 0.00 | -1.00 | -4.00 |
| Free Cash Flow | -10.00 | -110.00 | -34.00 | -76.00 | -44.00 | 48.00 | -43.00 | 30.00 | 28.00 | 45.00 | 20.00 | 68.00 |
| CFO/OP % | -9.00 | -1,860.00 | -84.00 | 107.00 | -15.00 | 70.00 | -18.00 | 124.00 | 67.00 | 98.00 | 96.00 | 181.00 |
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 | 126.00 | 133.00 | 105.00 | 108.00 | 110.00 | 123.00 | 121.00 | 120.00 | 116.00 | 97.00 | 74.00 | 70.00 |
| Inventory Days | 24.00 | 24.00 | 48.00 | 56.00 | 81.00 | 114.00 | 109.00 | 121.00 | 118.00 | 122.00 | 123.00 | 133.00 |
| Days Payable | 104.00 | 105.00 | 86.00 | 89.00 | 70.00 | 122.00 | 130.00 | 166.00 | 150.00 | 140.00 | 97.00 | 93.00 |
| Cash Conversion Cycle | 47.00 | 52.00 | 68.00 | 75.00 | 120.00 | 116.00 | 99.00 | 76.00 | 84.00 | 79.00 | 100.00 | 110.00 |
| Working Capital Days | 226.00 | 130.00 | 128.00 | 104.00 | 117.00 | 85.00 | 56.00 | 29.00 | 42.00 | 27.00 | 29.00 | 23.00 |
| ROCE % | 1.00 | 1.00 | 4.00 | -2.00 | 10.00 | 13.00 | 10.00 | 6.00 | 14.00 | 14.00 | 10.00 | 9.00 |
Corporate Actions
24 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 30 Jul 2024 | — | — | — | Annual General Meeting |
| Other | 12 Sep 2023 | — | — | — | Annual General Meeting |
| Other | 08 Sep 2022 | — | — | — | Annual General Meeting |
| Dividend | 09 Jun 2022 | 10 Jun 2022 | — | 0.70 | |
| Rights | 11 Apr 2022 | 12 Apr 2022 | 30:37 | — | |
| Other | 11 Apr 2022 | 12 Apr 2022 | — | — | Right Issue of Equity Shares |
| Other | 16 Dec 2021 | — | — | — | Annual General Meeting |
| Dividend | 11 Oct 2021 | 12 Oct 2021 | — | 0.50 | |
| Rights | 08 Sep 2021 | 09 Sep 2021 | 19:29 | — | |
| Other | 08 Sep 2021 | 09 Sep 2021 | — | — | Right Issue of Equity Shares |
| Dividend | 09 Nov 2020 | — | — | 0.70 | |
| Dividend | 20 Sep 2019 | — | — | 0.60 | |
| Dividend | 10 Sep 2018 | — | — | 1.30 | |
| Dividend | 06 Sep 2017 | — | — | 0.80 | |
| Dividend | 06 Oct 2016 | 07 Oct 2016 | — | 0.50 | |
| Other | 15 Sep 2016 | — | — | — | Annual General Meeting |
| Other | 10 Sep 2015 | — | — | — | Annual General Meeting |
| Other | 23 Sep 2014 | — | — | — | Annual General Meeting |
| Other | 07 Aug 2013 | — | — | — | Annual General Meeting |
| Dividend | 13 Sep 2012 | — | — | 1.00 | |
| Dividend | 22 Sep 2011 | — | — | 1.00 | |
| Dividend | 16 Sep 2010 | — | — | 1.00 | |
| Other | 20 Nov 2009 | — | — | — | Annual General Meeting |
| Dividend | 18 Sep 2008 | — | — | 1.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update20 Jul from infomerics
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Rating update31 Mar from infomerics
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Rating update26 Feb from infomerics
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Rating update11 Jul 2025 from infomerics
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Rating update3 Jun 2025 from infomerics
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Rating update31 Jul 2024 from icra