Asian Granito India Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Trading below book value (P/B 0.9x)
- Low debt relative to equity (D/E 0.3x)
Concerns
- Low capital efficiency (ROCE 2.9%)
- Premium to sector peers (P/E 114x vs industry 45.4x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| TITAN Titan Company Limited | ₹5,020 | ₹4.5L Cr | 76.4 | 28.36 | 37.7 | 20.5 | 0.97 |
| ASIANPAINT Asian Paints Limited | ₹2,527 | ₹2.4L Cr | 49.7 | 11.33 | 21.8 | 26.3 | 0.18 |
| LGEINDIA LG Electronics India Limited | ₹1,690 +1.57% | ₹1.0L Cr | 62.26 | 15.23 | 24.72 | — | 0.06 |
| DIXON Dixon Technologies (India) Limited | ₹14,240 | ₹87K Cr | 46.4 | 18.52 | 18.9 | 29.2 | 0.34 |
| HAVELLS Havells India Limited | ₹1,154 | ₹72K Cr | 43.5 | 7.64 | 19 | 24.9 | 0.03 |
| KALYANKJIL Kalyan Jewellers India Limited | ₹599 | ₹62K Cr | 42.3 | 9.8 | 24.8 | 21.2 | 1 |
| BERGEPAINT Berger Paints (I) Limited | ₹510 −1.10% | ₹57K Cr | 46.1 | 8.6 | 17.3 | 21.6 | 0.11 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
ASIANTILES · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 29.02% | 29.02% | 29.02% | 29.02% | 33.52% | 33.52% |
| FII | 0.97% | 1.36% | 2.71% | 2.23% | 1.59% | 1.93% |
| DII | — | — | 0.39% | 0.26% | 0.22% | 0.22% |
| Public | 70.01% | 69.62% | 67.88% | 68.49% | 64.66% | 64.33% |
Corporate Events
To consider and approve the financial results for the period ended March 31, 2026
Annual General Meeting
Annual General Meeting
Latest News
All newsAsian Granito acquires entity for business expansion
*Asian Granito acquires entity for business expansion* — Asian Granito India Limited has announced the acquisition of an unspecified entity to expand its business footprint. The move is aimed at strengthening its position in the building materials sector. Financial terms of the deal were not disclosed. 📊 *STOCKS:* ASIANPAINT | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Acquisition
Asian Granito board meeting outcome announced
*Asian Granito board meeting outcome announced.* The company disclosed the results of its July 15, 2026, board meeting via an NSE filing. No major announcements such as fundraising, acquisitions, or leadership changes were specified. The update is routine corporate disclosure with limited immediate trading impact. 📊 *STOCKS:* ASIANGCER | 🏢 *SECTOR:* Realty | #LOWIMPACT #BoardMeeting
Asian Granito to hold shareholder meeting on Sept 9, 2026
*Asian Granito to hold shareholder meeting on Sept 9, 2026.* The meeting is scheduled for routine corporate discussions. No **major** business alterations or financial announcements are indicated. Details remain unspecified in the filing. 📊 *STOCKS:* ASIANGRANITO | 🏢 *SECTOR:* Realty | #LOWIMPACT #ShareholderMeeting
Asian Granito publishes IEPF-related newspaper notice
*Asian Granito publishes IEPF-related newspaper notice.* This is a regulatory compliance filing concerning unclaimed dividends or shares transferred to the Investor Education and Protection Fund. Such notices are routine and part of standard disclosure requirements. No financial or operational impact is indicated. 📊 *STOCKS:* ASIANGRANITO | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #IEPF
ASIANTILES reports weak earnings, raising concerns
Asian Granito India (ASIANTILES) posted weak quarterly earnings, missing market expectations. The results may not fully reflect underlying operational challenges, suggesting deeper issues ahead. Investors are advised to monitor upcoming order inflows and margin trends closely. 📊 *STOCKS:* ASIANTILES | 🏢 *SECTOR:* ConsumerDurables | #MEDIUMIMPACT #Earnings
No specific event; only P/E forward data mentioned
*No specific event; only P/E forward data mentioned.* The news references only the forward price-to-earnings ratio of ASIANTILES from TradingView, with no corporate development. No financial update, event, or announcement is detailed. It is purely analytical data. 📊 *STOCKS:* $ASIANTILES | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Valuation
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹462 Cr 13.5% | ₹407 Cr 4.9% | ₹388 Cr 24.7% | ₹515 Cr 40.7% | ₹366 Cr 4.7% | ₹384 Cr 6.7% | ₹360 Cr 15.1% | ₹424 Cr |
| Op. Profit | ₹45 Cr 21.6% | ₹37 Cr 48.0% | ₹25 Cr 66.7% | ₹15 Cr 15.4% | ₹13 Cr 13.3% | ₹15 Cr 6.3% | ₹16 Cr 20.0% | ₹20 Cr |
| OPM | 10.0% 11.1% | 9.0% 50.0% | 6.0% 100.0% | 3.0% 25.0% | 4.0% 0.0% | 4.0% 0.0% | 4.0% 20.0% | 5.0% |
| Net Profit | ₹19 Cr 11.8% | ₹17 Cr 142.9% | ₹7 Cr 240.0% | ₹-5 Cr 25.0% | ₹-4 Cr 180.0% | ₹5 Cr 350.0% | ₹-2 Cr 60.0% | ₹-5 Cr |
| EPS (₹) | 0.88 25.7% | 0.7 37.3% | 0.51 296.2% | -0.26 16.1% | -0.31 160.8% | 0.51 440.0% | -0.15 21.1% | -0.19 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.9K Cr 19.2% | ₹1.6K Cr 1.9% | ₹1.5K Cr 2.1% | ₹1.6K Cr 0.1% | ₹1.6K Cr 21.1% | ₹1.3K Cr 5.5% | ₹1.2K Cr 3.2% | ₹1.2K Cr 2.7% | ₹1.2K Cr 9.0% | ₹1.1K Cr |
| Expenses | ₹1.8K Cr 18.0% | ₹1.5K Cr 0.5% | ₹1.5K Cr 9.5% | ₹1.6K Cr 13.2% | ₹1.4K Cr 24.9% | ₹1.2K Cr 4.4% | ₹1.1K Cr 0.7% | ₹1.1K Cr 8.1% | ₹1.0K Cr 8.9% | ₹934 Cr |
| Op. Profit | ₹104 Cr 44.4% | ₹72 Cr 44.0% | ₹50 Cr 168.5% | ₹-73 Cr 160.8% | ₹120 Cr 11.8% | ₹136 Cr 15.3% | ₹118 Cr 34.1% | ₹88 Cr 36.7% | ₹139 Cr 9.4% | ₹127 Cr |
| OPM | 6.0% 20.0% | 5.0% 66.7% | 3.0% 160.0% | -5.0% 162.5% | 8.0% 27.3% | 11.0% 10.0% | 10.0% 42.9% | 7.0% 41.7% | 12.0% 0.0% | 12.0% |
| Other Income | ₹17 Cr 30.8% | ₹13 Cr 0.0% | ₹13 Cr 38.1% | ₹21 Cr 58.0% | ₹50 Cr 900.0% | ₹5 Cr 50.0% | ₹10 Cr 11.1% | ₹9 Cr 12.5% | ₹8 Cr 60.0% | ₹5 Cr |
| Interest | ₹35 Cr 34.6% | ₹26 Cr 16.1% | ₹31 Cr 14.8% | ₹27 Cr 3.8% | ₹26 Cr 25.7% | ₹35 Cr 12.5% | ₹40 Cr 8.1% | ₹37 Cr 5.1% | ₹39 Cr 4.9% | ₹41 Cr |
| Depreciation | ₹64 Cr 25.5% | ₹51 Cr 8.5% | ₹47 Cr 38.2% | ₹34 Cr 13.3% | ₹30 Cr 3.4% | ₹29 Cr 6.5% | ₹31 Cr 14.8% | ₹27 Cr 8.0% | ₹25 Cr 4.2% | ₹24 Cr |
| PBT | ₹22 Cr 175.0% | ₹8 Cr 153.3% | ₹-15 Cr 86.6% | ₹-112 Cr 198.2% | ₹114 Cr 48.1% | ₹77 Cr 35.1% | ₹57 Cr 72.7% | ₹33 Cr 60.2% | ₹83 Cr 23.9% | ₹67 Cr |
| Tax % | 14.0% 108.5% | -165.0% 600.0% | 33.0% 243.5% | -23.0% 221.1% | 19.0% 24.0% | 25.0% 31.6% | 19.0% 36.7% | 30.0% 3.2% | 31.0% 10.7% | 28.0% |
| Net Profit | ₹19 Cr 9.5% | ₹21 Cr 205.0% | ₹-20 Cr 77.0% | ₹-87 Cr 194.6% | ₹92 Cr 58.6% | ₹58 Cr 26.1% | ₹46 Cr 100.0% | ₹23 Cr 59.6% | ₹57 Cr 16.3% | ₹49 Cr |
| EPS (₹) | 0.7 62.6% | 1.87 292.8% | -0.97 83.1% | -5.74 179.1% | 7.26 60.6% | 4.52 19.3% | 3.79 101.6% | 1.88 60.3% | 4.74 17.0% | 4.05 |
| Div Payout | 0.0% | 0.0% | 0.0% | 0.0% 100.0% | 4.0% 33.3% | 3.0% 40.0% | 5.0% 44.4% | 9.0% 28.6% | 7.0% 22.2% | 9.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹232 Cr 57.8% | ₹147 Cr 15.7% | ₹127 Cr 0.0% | ₹127 Cr 122.8% | ₹57 Cr 67.6% | ₹34 Cr 13.3% | ₹30 Cr 0.0% | ₹30 Cr 0.0% | ₹30 Cr 0.0% | ₹30 Cr |
| Reserves | ₹1.2K Cr 0.9% | ₹1.2K Cr 7.0% | ₹1.1K Cr 1.1% | ₹1.1K Cr 31.1% | ₹861 Cr 45.4% | ₹592 Cr 21.6% | ₹487 Cr 15.7% | ₹421 Cr 4.0% | ₹405 Cr 9.8% | ₹369 Cr |
| Borrowings | ₹295 Cr 8.5% | ₹272 Cr 9.7% | ₹248 Cr 9.3% | ₹227 Cr 14.1% | ₹199 Cr 32.5% | ₹295 Cr 11.1% | ₹332 Cr 8.0% | ₹361 Cr 6.2% | ₹340 Cr 4.0% | ₹327 Cr |
| Other Liabilities | ₹551 Cr 20.3% | ₹458 Cr 17.1% | ₹391 Cr 10.9% | ₹439 Cr 6.6% | ₹412 Cr 7.8% | ₹447 Cr 9.0% | ₹410 Cr 12.6% | ₹469 Cr 12.7% | ₹416 Cr 24.6% | ₹334 Cr |
| Total Liabilities | ₹2.3K Cr 9.1% | ₹2.1K Cr 10.0% | ₹1.9K Cr 0.8% | ₹1.9K Cr 25.7% | ₹1.5K Cr 11.9% | ₹1.4K Cr 8.6% | ₹1.3K Cr 1.7% | ₹1.3K Cr 7.6% | ₹1.2K Cr 12.4% | ₹1.1K Cr |
Assets | ||||||||||
| Fixed Assets | ₹896 Cr 19.6% | ₹749 Cr 4.3% | ₹783 Cr 35.7% | ₹577 Cr 21.2% | ₹476 Cr 4.2% | ₹457 Cr 1.3% | ₹463 Cr 1.9% | ₹472 Cr 10.8% | ₹426 Cr 3.1% | ₹413 Cr |
| CWIP | ₹11 Cr 69.4% | ₹36 Cr | ₹0 Cr 100.0% | ₹177 Cr 240.4% | ₹52 Cr 116.7% | ₹24 Cr 166.7% | ₹9 Cr | ₹0 Cr 100.0% | ₹11 Cr 1000.0% | ₹1 Cr |
| Investments | ₹4 Cr 33.3% | ₹3 Cr 87.0% | ₹23 Cr 76.9% | ₹13 Cr 80.3% | ₹66 Cr 43.5% | ₹46 Cr 53.3% | ₹30 Cr 7.1% | ₹28 Cr 21.7% | ₹23 Cr 35.3% | ₹17 Cr |
| Other Assets | ₹1.4K Cr 5.2% | ₹1.3K Cr 18.9% | ₹1.1K Cr 4.7% | ₹1.2K Cr 23.5% | ₹935 Cr 11.4% | ₹839 Cr 10.8% | ₹757 Cr 3.2% | ₹782 Cr 7.0% | ₹731 Cr 16.2% | ₹629 Cr |
| Total Assets | ₹2.3K Cr 9.1% | ₹2.1K Cr 10.0% | ₹1.9K Cr 0.8% | ₹1.9K Cr 25.7% | ₹1.5K Cr 11.9% | ₹1.4K Cr 8.6% | ₹1.3K Cr 1.7% | ₹1.3K Cr 7.6% | ₹1.2K Cr 12.4% | ₹1.1K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹81 Cr 198.8% | ₹-82 Cr 67.3% | ₹-49 Cr 600.0% | ₹-7 Cr 115.2% | ₹46 Cr 17.9% | ₹56 Cr 36.4% | ₹88 Cr 6.4% | ₹94 Cr 49.2% | ₹63 Cr 200.0% | ₹21 Cr |
| Investing CF | ₹-162 Cr 328.2% | ₹71 Cr 116.8% | ₹-423 Cr 1739.1% | ₹-23 Cr 11.5% | ₹-26 Cr 36.6% | ₹-41 Cr 33.9% | ₹-62 Cr 29.2% | ₹-48 Cr 20.0% | ₹-40 Cr 81.9% | ₹-221 Cr |
| Financing CF | ₹72 Cr 800.0% | ₹8 Cr 98.0% | ₹408 Cr 316.3% | ₹98 Cr 880.0% | ₹10 Cr 125.0% | ₹-40 Cr 150.0% | ₹-16 Cr 61.9% | ₹-42 Cr 90.9% | ₹-22 Cr 110.8% | ₹203 Cr |
| Net Cash Flow | ₹-8 Cr 100.0% | ₹-4 Cr 93.8% | ₹-64 Cr 195.5% | ₹67 Cr 123.3% | ₹30 Cr 225.0% | ₹-24 Cr 366.7% | ₹9 Cr 80.0% | ₹5 Cr 400.0% | ₹1 Cr 66.7% | ₹3 Cr |
| Free Cash Flow | ₹-92 Cr 41.4% | ₹-157 Cr 48.4% | ₹-304 Cr 280.0% | ₹-80 Cr 1242.9% | ₹7 Cr 250.0% | ₹2 Cr 92.0% | ₹25 Cr 45.7% | ₹46 Cr 91.7% | ₹24 Cr 111.9% | ₹-202 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 119d 22.7% | 97d 0.0% | 97d 11.0% | 109d 8.4% | 119d 6.3% | 112d 8.9% | 123d 3.1% | 127d 23.3% | 103d 43.1% | 72d |
| Inventory Days | 111d 7.8% | 103d 17.0% | 88d 28.5% | 123d 13.4% | 142d 4.7% | 149d 14.4% | 174d 6.1% | 164d 8.4% | 179d 23.4% | 145d |
| Days Payable | 139d 31.1% | 106d 0.0% | 106d 1.0% | 105d 21.6% | 134d 15.7% | 159d 17.2% | 192d 8.5% | 177d 18.0% | 150d 63.0% | 92d |
| Cash Conv. Cycle | 91d 2.2% | 93d 16.3% | 80d 37.0% | 127d 0.8% | 126d 23.5% | 102d 2.9% | 105d 7.9% | 114d 13.6% | 132d 5.6% | 125d |
| Working Capital Days | 105d 18.0% | 128d 54.2% | 83d 17.0% | 100d 31.6% | 76d 105.4% | 37d 85.0% | 20d 44.4% | 36d 2.9% | 35d 20.7% | 29d |
| ROCE | 2.0% 100.0% | 1.0% 116.7% | -6.0% 160.0% | 10.0% 16.7% | 12.0% 9.1% | 11.0% 22.2% | 9.0% 43.8% | 16.0% 14.3% | 14.0% 27.3% | 11.0% |
Source: Screener.in · Lower days = better efficiency
About Asian Granito India Limited
Incorporated in 1995, Asian Granito manufactures and trades Tiles, Marble and allied products[1]
Consumer DurablesConsumer Durables