ASIANTILES - ASIAN GRANITO INDIA LIMITED Share Price

Consumer Durables

₹44.05-0.16(-0.36%)

Market Closed as of Apr 28, 2025, 15:30 IST

What does ASIAN GRANITO INDIA LIMITED do?

Ceramics•Consumer Durables•Small Cap

Asian Granito India Limited, together with its subsidiaries, manufactures and sells tiles, marbles, sanitaryware, faucets, and quartz products in India. The company offers floor, wall, and parking tiles, glazed and polished vitrified tiles, double charge tiles, countertops, quartz and marble surfaces, bath ware, fittings, and construction chemicals. It also offers showers, water closets, basins, urinals, cisterns, seat covers, and bathroom accessories. Asian Granito India Limited distributes its products through a network of dealers and sub-dealers, display centers, and exclusive showrooms. It exports its products internationally. The company was incorporated in 1995 and is headquartered in Ahmedabad, India.

Industry Group:Consumer Durables

Employees:6,000

Website:www.aglasiangranito.com

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Category	ASIANTILES	Consumer
PE	-484.51	63.86
PS	0.43	2.00
Growth	-3.6 %	8.1 %

Share Holdings

Understand ASIAN GRANITO INDIA ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

Shareholder Name	Holding %
Bodies Corporate	14.86%
Kamleshkumar Bhagubhai Patel	12.57%
Mukeshbhai Jivabhai Patel	7.35%
Sureshbhai Jivabhai Patel	6.63%
Clearing member	6%
Carnex Vinimay Pvt Ltd	3.39%
Motilal Oswal Financial Services Ltd	2.5%
Kapashi Commercial Ltd	2.29%
Sundaram Mutual Fund A/C Sundaram Small Cap Fund	2.04%
Cliff Trexim Pvt. Ltd.	1.94%
Jayantibhai Madhabhai Patel	1.56%
Salsett Vinimay Pvt Ltd	1.53%
Bhogilal Bhikhabhai Patel	1.29%
Vinodbhai Lalabhai Patel	1.24%
Hemangi Bankim Shah	1.07%
Rameshbhai Bhikhabhai Patel	1.01%
Kamleshbhai Bhagubhai Patel Huf	1%
Bhagubhai Punjabhai Patel Huf	0.69%
Hinaben Kamleshbhai Patel	0.66%
Hasmukhbhai Patel	0.6%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Description	Share	Value
Tiles & Others	86.5%	311.3 Cr
Marble & Quartz	13.5%	48.7 Cr
Total		360 Cr

Valuation
Market Cap	647.73 Cr
Price/Earnings (Trailing)	-482.75
Price/Sales (Trailing)	0.43
EV/EBITDA	8.85
Price/Free Cashflow	-5.43
MarketCap/EBT	-85.15

Fundamentals
Revenue (TTM)	1.52 kCr
Rev. Growth (Yr)	-3.14%
Rev. Growth (Qtr)	-6.21%
Earnings (TTM)	-1.34 Cr
Earnings Growth (Yr)	88.9%
Earnings Growth (Qtr)	-119.12%

Profitability
Operating Margin	-0.50%
EBT Margin	-0.50%
Return on Equity	-0.10%
Return on Assets	-0.07%
Free Cashflow Yield	-18.42%

Investor Care
Dividend Yield	1.73%
Shares Dilution (1Y)	16.02%
Diluted EPS (TTM)	0.48

Financial Health
Current Ratio	2.09
Debt/Equity	0.16

Balance Sheet for ASIAN GRANITO INDIA

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-55.2%	3.68	6.98	5.87	8.2	8.36	20
Current investments	-63.7%	8.25	21	43	13	0	44
Loans, current	6.2%	18	17	17	16	15	15
Total current financial assets	-4.4%	503	526	585	620	512	491
Inventories	-3.1%	126	130	145	156	212	214
Current tax assets	-58.3%	2.7	5.08	2.96	2.21	0	0
Total current assets	-3.2%	824	851	929	952	908	742
Property, plant and equipment	-1.3%	224	227	232	238	233	232
Capital work-in-progress	-	0	0	0	0	0	0.75
Investment property	0%	0.51	0.51	0.51	0.51	0.51	0.51
Goodwill	-	0	0	9.73	0	0	0
Non-current investments	0.6%	325	323	73	63	63	63
Loans, non-current	31.8%	287	218	431	332	210	53
Total non-current financial assets	13.1%	612	541	504	395	429	120
Total non-current assets	8.7%	860	791	758	655	683	371
Total assets	2.5%	1,684	1,643	1,687	1,607	1,592	1,113
Borrowings, non-current	-51.1%	1.45	1.92	2.27	1.53	1.03	0.89
Total non-current financial liabilities	-9.1%	11	12	11	9.43	9.07	7.92
Provisions, non-current	0%	1.43	1.43	1.68	1.61	0.91	1.89
Total non-current liabilities	-2.9%	34	35	32	24	32	33
Borrowings, current	32.7%	70	53	84	67	65	4.46
Total current financial liabilities	10.3%	345	313	370	339	266	216
Provisions, current	56.6%	4.82	3.44	3.92	3.57	4.75	3.78
Current tax liabilities	-	-	0	-	0	9.27	6.32
Total current liabilities	10.5%	368	333	395	362	296	243
Total liabilities	9.5%	403	368	428	386	328	276
Equity share capital	0%	127	127	127	127	127	57
Total equity	0.5%	1,281	1,275	1,259	1,221	1,264	837
Total equity and liabilities	2.5%	1,684	1,643	1,687	1,607	1,592	1,113

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-9.1%	11	12	13	23	18	35
Current investments	-63.1%	8.38	21	43	13	0	66
Loans, current	6.2%	18	17	17	16	16	15
Total current financial assets	-5.2%	546	576	658	680	581	599
Inventories	4.5%	279	267	268	255	315	329
Current tax assets	-61.4%	2.33	4.45	1.85	1.3	0	0
Total current assets	-1.8%	1,080	1,100	1,152	1,133	1,104	976
Property, plant and equipment	-2.2%	751	768	724	563	550	463
Capital work-in-progress	198.5%	1.64	0.35	48	177	46	52
Investment property	0%	0.51	0.51	0.51	0.51	0.51	0.51
Goodwill	0%	3.32	3.32	3.32	3.32	3.32	3.32
Non-current investments	100%	2.98	1.99	0.25	0.24	0.25	0.26
Loans, non-current	143.6%	1.24	0.45	25	0.22	3.93	1.38
Total non-current financial assets	73.8%	12	7.33	32	4.67	163	5.24
Total non-current assets	-0.5%	802	806	842	799	849	553
Total assets	-1.3%	1,882	1,907	1,994	1,932	1,953	1,529
Borrowings, non-current	-43.3%	69	121	113	81	89	90
Total non-current financial liabilities	-40.5%	79	132	123	81	98	98
Provisions, non-current	6.7%	1.8	1.75	2.21	2.12	1.69	2.68
Total non-current liabilities	-43.3%	81	142	135	105	121	132
Borrowings, current	21.2%	138	114	141	133	109	99
Total current financial liabilities	4.3%	438	420	479	515	439	409
Provisions, current	33.7%	12	9.23	6.47	5.58	6.47	4.71
Current tax liabilities	-	-	0	0	0	11	8.2
Total current liabilities	6.4%	516	485	565	549	478	444
Total liabilities	-4.8%	597	627	699	654	600	576
Equity share capital	0%	127	127	127	127	127	57
Non controlling interest	-29.7%	9.44	13	18	21	29	34
Total equity	0.4%	1,285	1,280	1,295	1,277	1,353	953
Total equity and liabilities	-1.3%	1,882	1,907	1,994	1,932	1,953	1,529

Cash Flow for ASIAN GRANITO INDIA

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	-112.6%	0	8.94	3.62
Change in inventories	-57.9%	25	58	7.47
Depreciation	5.6%	20	19	18
Unrealised forex losses/gains	-	-0.4	0	0
Adjustments for interest income	-103.6%	0	29	3.89
Net Cashflows from Operations	112.5%	6.81	-45.46	-15.61
Interest paid	-	-10.73	0	0
Interest received	-	-40.9	0	0
Income taxes paid (refund)	-53.8%	4.67	8.95	13
Net Cashflows From Operating Activities	47.6%	-28.02	-54.41	-28.94
Proceeds from sales of PPE	1193.8%	3.07	1.16	3.88
Purchase of property, plant and equipment	-62.2%	9.31	23	23
Proceeds from sales of investment property	-	0	0	11
Purchase of investment property	-	109	0	0
Proceeds from sales of long-term assets	99.4%	0	-177.44	0
Purchase of other long-term assets	-6.4%	0	0.06	0
Cash receipts from repayment of advances and loans made to other parties	-	113	0	0
Interest received	42.9%	41	29	3.89
Net Cashflows From Investing Activities	108.2%	38	-450.15	-42.94
Proceeds from issuing shares	-100.2%	0	441	225
Proceeds from issuing other equity instruments	-	24	0	3.15
Proceeds from borrowings	-101.6%	0	63	0
Repayments of borrowings	-	14	0	99
Payments of lease liabilities	30.1%	4.59	3.76	0
Dividends paid	-112.7%	0	8.86	1.71
Interest paid	19.5%	9.45	8.07	2.81
Other inflows (outflows) of cash	95.5%	0	-21.3	-6.33
Net Cashflows from Financing Activities	-101%	-3.45	462	115
Net change in cash and cash eq.	113%	6.68	-42.53	43

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	-103.8%	0	27	23
Change in inventories	-117.9%	-12.08	74	-9.25
Depreciation	39.4%	47	34	30
Unrealised forex losses/gains	-	-0.4	0	0
Adjustments for interest income	-107.1%	0	15	2.52
Net Cashflows from Operations	-158.8%	-100.66	-38.28	14
Interest paid	-	-31.35	0	0
Interest received	-	-8.88	0	2.52
Income taxes paid (refund)	-67.6%	4.24	11	14
Net Cashflows From Operating Activities	-67.4%	-82.44	-48.85	2.33
Cashflows used in obtaining control of subsidiaries	-	1.81	0	0
Proceeds from sales of PPE	787.5%	4.55	1.4	5.92
Purchase of property, plant and equipment	-69.5%	79	257	78
Proceeds from sales of investment property	-	0	0	46
Proceeds from sales of long-term assets	-3.1%	0	0.03	0
Purchase of other long-term assets	-100.5%	0	183	0
Cash receipts from repayment of advances and loans made to other parties	-	138	0	0
Interest received	-43.7%	8.88	15	0
Net Cashflows From Investing Activities	116.5%	71	-423.17	-25.81
Proceeds from changes in ownership interests in subsidiaries	-809.1%	0	0.89	2.92
Payments from changes in ownership interests in subsidiaries	-	1.32	0	0
Proceeds from issuing shares	-100.2%	0	441	225
Proceeds from issuing other equity instruments	-	24	0	3.15
Proceeds from borrowings	14.7%	40	35	0
Repayments of borrowings	140.8%	20	8.89	106
Payments of lease liabilities	21.9%	4.9	4.2	3.39
Dividends paid	-112.7%	0	8.86	1.71
Interest paid	-104%	0	26	22
Income taxes paid (refund)	-	30	0	0
Other inflows (outflows) of cash	95.5%	0	-21.3	-6.33
Net Cashflows from Financing Activities	-98.3%	8.07	407	90
Net change in cash and cash eq.	93%	-3.61	-64.78	67

Income Statement for ASIAN GRANITO INDIA

Standalone figures (in Rs. Crores) / View Consolidated Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-8.7%	295	323	278	351	320	341
Other Income	12.3%	6.12	5.56	5.32	12	9.74	8.21
Total Income	-8%	302	328	283	362	330	350
Cost of Materials	-3.4%	29	30	29	27	30	33
Purchases of stock-in-trade	-5.7%	199	211	181	230	215	221
Employee Expense	0%	26	26	25	23	26	25
Finance costs	30.3%	2.55	2.19	1.83	2.8	1.93	2.59
Depreciation and Amortization	4%	4.94	4.79	4.95	5.45	4.82	4.87
Other expenses	-4.9%	40	42	41	45	49	44
Total Expenses	-8%	299	325	276	351	322	336
Profit Before exceptional items and Tax	-21.7%	2.66	3.12	6.44	12	8.22	13
Total profit before tax	-21.7%	2.66	3.12	6.44	12	8.22	13
Current tax	-3400%	0.65	0.99	1.87	1.79	0	0
Deferred tax	33.6%	0.29	-0.07	-0.16	0.76	1.78	4.71
Total tax	37.5%	0.95	0.92	1.71	2.56	1.78	4.71
Total profit (loss) for period	-40%	1.72	2.2	4.72	9.06	6.44	8.45
Other comp. income net of taxes	0%	-0.12	-0.12	-0.12	-0.21	-0.09	-0.09
Total Comprehensive Income	-45.4%	1.59	2.08	4.6	8.85	6.35	8.35
Earnings Per Share, Basic	-5.9%	0.121	0.17	0.373	0.715	0.508	0.67
Earnings Per Share, Diluted	-5.9%	0.121	0.17	0.373	0.715	0.508	0.67

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	-3.6%	1,305	1,354	1,349	1,036	1,013	-
Other Income	36.7%	42	31	42	0.37	3.67	-
Total Income	-2.7%	1,347	1,385	1,391	1,037	1,017	-
Cost of Materials	-32.6%	131	194	179	138	174	-
Purchases of stock-in-trade	5.5%	840	796	793	592	511	-
Employee Expense	4.3%	97	93	83	68	82	-
Finance costs	25.9%	11	8.94	3.62	14	17	-
Depreciation and Amortization	5.6%	20	19	18	18	18	-
Other expenses	-33%	188	280	196	151	169	-
Total Expenses	-8%	1,306	1,420	1,283	971	980	-
Profit Before exceptional items and Tax	209.6%	41	-35.5	108	66	37	-
Total profit before tax	209.6%	41	-35.5	108	66	37	-
Current tax	-	1.79	0	18	14	9.52	-
Deferred tax	180.3%	9.13	-9.13	1.93	2.71	-2.03	-
Total tax	198.7%	11	-9.13	20	17	7.5	-
Total profit (loss) for period	206%	30	-26.37	88	49	30	-
Other comp. income net of taxes	-8.8%	-0.49	-0.37	-0.03	0.21	-0.19	-
Total Comprehensive Income	200.9%	29	-26.74	88	49	29	-
Earnings Per Share, Basic	141.3%	2.335	-2.23	19.73	16.04	9.83	-
Earnings Per Share, Diluted	141.3%	2.335	-2.23	19.73	16.04	9.83	-

Consolidated figures (in Rs. Crores) / View Standalone Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-6.3%	360	384	343	424	371	401
Other Income	-766.7%	0.8	1.03	0.47	4.43	1.28	1.2
Total Income	-6.2%	361	385	344	428	373	402
Cost of Materials	-1.5%	65	66	70	71	70	70
Purchases of stock-in-trade	7.5%	172	160	146	180	172	195
Employee Expense	-7.7%	37	40	33	34	36	31
Finance costs	1.5%	6.3	6.22	5.77	11	5.18	7.13
Depreciation and Amortization	0%	13	13	13	13	12	12
Other expenses	-11.6%	85	96	95	101	106	96
Total Expenses	-6.5%	363	388	346	428	387	400
Profit Before exceptional items and Tax	18.5%	-2.49	-3.28	-2	0.17	-14.49	1.76
Total profit before tax	18.5%	-2.49	-3.28	-2	0.17	-14.49	1.76
Current tax	-12.5%	1.21	1.24	2.41	2.72	0.32	0.32
Deferred tax	62.7%	-2.82	-9.24	-4.76	2.86	-6.73	4.24
Total tax	70.9%	-1.62	-7.99	-2.35	5.58	-6.4	4.56
Total profit (loss) for period	-151.4%	-0.9	4.7	0.33	-5.47	-8.09	-2.8
Other comp. income net of taxes	0.9%	-0.12	-0.13	-0.05	-0.07	-0.05	-0.01
Total Comprehensive Income	-156.7%	-1.02	4.56	0.28	-5.54	-8.14	-2.81
Earnings Per Share, Basic	-100.2%	0.019	0.51	0.145	-0.19	-0.49	-0.1
Earnings Per Share, Diluted	-100.2%	0.019	0.51	0.145	-0.19	-0.49	-0.1

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	-2%	1,531	1,563	1,564	1,292	1,225	1,187
Other Income	-31.2%	12	17	42	1.34	5.17	4.1
Total Income	-2.3%	1,543	1,579	1,606	1,294	1,230	1,191
Cost of Materials	-2.2%	270	276	280	215	307	327
Purchases of stock-in-trade	-6.6%	707	757	723	644	431	363
Employee Expense	8.4%	130	120	112	91	108	110
Finance costs	15.4%	31	27	23	33	37	35
Depreciation and Amortization	39.4%	47	34	30	29	31	27
Other expenses	-12%	383	435	325	223	263	326
Total Expenses	-7.9%	1,558	1,692	1,493	1,218	1,175	1,162
Profit Before exceptional items and Tax	86%	-14.93	-112.44	113	75	55	29
Total profit before tax	86%	-14.93	-112.44	113	75	55	29
Current tax	808.3%	3.55	0.64	19	16	12	5.79
Deferred tax	101.4%	1.37	-26.17	2.7	3.83	-1.36	4.05
Total tax	114.8%	4.92	-25.53	22	20	11	9.84
Total profit (loss) for period	76.2%	-19.91	-86.91	92	58	46	23
Other comp. income net of taxes	-9.9%	-0.22	-0.11	-0.12	0.25	-0.21	-0.23
Total Comprehensive Income	76%	-20.13	-87.01	92	58	46	23
Earnings Per Share, Basic	72.3%	-0.97	-6.1	20.63	18.57	14.02	6.94
Earnings Per Share, Diluted	72.3%	-0.97	-6.1	20.63	18.57	14.02	6.94

ASIANTILES - ASIAN GRANITO INDIA LIMITED Share Price

What does ASIAN GRANITO INDIA LIMITED do?

Sector Comparison: ASIANTILES vs Consumer Durables

Comparative Metrics

Performance Comparison

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Revenue Breakdown

Valuation

Fundamentals

Profitability

Investor Care

Financial Health

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Balance Sheet for ASIAN GRANITO INDIA

Cash Flow for ASIAN GRANITO INDIA

Income Statement for ASIAN GRANITO INDIA