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Asian Granito India Ltd share price logo

Asian Granito India Ltd

(ASIANTILES)

₹68.42.88%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Asian Granito India Ltd Performance

  • Day's Low

    Day's High

    ₹67.65
    Day's Price Range
    ₹71.2
  • 52 Week's Low

    52 Week's High

    ₹51
    52-Week Price Range
    ₹98.2
1 Month Return+ 3.89 %
3 Month Return-18.62 %
1 Year Return-0.31 %
Previous Close₹70.43
Open₹70.50
Volume5.81L
Upper Circuit-
Lower Circuit-
Market Cap₹1,052.11Cr

Asian Granito India Ltd Key Statistics

P/E Ratio-3521.5
PEG Ratio-629.96
Market Cap₹1,052.11 Cr
P/B Ratio0.58
EPS-1.57
Dividend Yield0
SectorCeramic Products
ROE2.37

Asian Granito India Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹1,052.11 Cr-10.09%0.53-₹20 Cr₹1,530 Cr
NA₹146.08 Cr666.88%5.79NANA
NA₹427.72 Cr-5.99%0.63₹2 Cr₹301 Cr
BUY₹9,760.97 Cr38.7%0.53₹241 Cr₹1,879 Cr
NA₹179.85 Cr35.4%0.82₹5 Cr₹95 Cr

About Asian Granito India Ltd

Vasudev Textile Industries Limited was established in 1995 and was later renamed as Asian Granito India Ltd. in 2002. The company had expertise in the manufacturing of ceramic floor tiles and is successful in producing slab vitrified tiles of 905 mm x 905 mm. The company underwent expansion in 2005 and 2006 and moved its production capacity to 14,000 square meters per day and 117,500 metric tonnes per annum. In 2006, the company acquired approximately 100 equity shares of its subsidiary (Asian Tiles Limited) to make it a wholly owned subsidiary. The company has achieved optimum capacity utilization in a span of 9-10 months indicating its success and expertise in the ceramic tile industry.

Share Price: ₹68.40 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹1,052.11Cr as of today
Revenue: ₹383.68Cr as on September 2024 (Q3 24)
Net Profit: ₹4.71Cr as on September 2024 (Q3 24)
Listing date: 23 Aug, 2007
Chairperson Name: Kamleshbhai Patel
OrganisationAsian Granito India Ltd
HeadquartersAhmedabad
IndustryCeramic Products
E-voting on sharesClick here to vote

Key events for Asian Granito India Ltd

  • Asian Granito Shares Surge on UK Joint Venture - 11 Dec, 2024

    Asian Granito India Ltd announced a joint venture with UK-based Shudh Investments and Klyn Stone to establish Klyn AGL Ltd, boosting shares by over 6%. The venture focuses on trading large porcelain slabs, tiles, and quartz products in the UK market.
  • Asian Granito Forms Joint Venture in the UK - 10 Dec, 2024

    Asian Granito India Ltd has entered into a joint venture agreement with Shudh Investments and Klyn Stone to establish Klyn AGL Ltd in the UK. The JV will focus on trading large porcelain slabs, tiles, and quartz products, enhancing the company's market presence in England and Wales.
  • Asian Granito Reports Decline in Net Sales - 29 Nov, 2024

    Asian Granito's consolidated net sales for September 2024 stood at Rs 383.68 crore, reflecting a 4.3% year-on-year decline. Despite the drop, the company reported a net profit of Rs 4.71 crore.
  • Asian Granito Reports Decline in Sales and Profit - 21 Nov, 2024

    Asian Granito's standalone net sales for September 2024 fell 5.49% to Rs 322.71 crore. Net profit decreased 73.92% to Rs 2.20 crore, with EBITDA down 51.02%. EPS dropped to Rs 0.17. The stock has seen a 9.92% return over the last six months but is down 14.52% over the past year.

Insights on Asian Granito India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 4 quarters, -6.21 Cr → 6.49 Cr (in ₹), with an average increase of 154.5% per quarter

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 29.80% to 33.52% in Nov 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 343.66 Cr → 384.72 Cr (in ₹), with an average increase of 10.7% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Finolex Industries Ltd has given 14.9% return, outperforming this stock by 17.3%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cera Sanitaryware Ltd has given 58.1% return, outperforming this stock by 85.0%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 67.94% to 64.33% in Nov 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 2.03% to 1.93% in Nov 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, ASIANTILES stock has moved down by -4.2%

Asian Granito India Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹400.93Cr (-)₹371.23Cr (↓7.41%)₹423.63Cr (↑14.12%)₹343.19Cr (↓18.99%)₹383.68Cr (↑11.80%)
Net Income-₹2.80Cr (-)-₹8.09Cr (↑188.93%)-₹5.42Cr (↓33.00%)₹0.36Cr (↓106.64%)₹4.71Cr (↑1,208.33%)
Net Profit Margin-0.70% (-)-2.18% (↑211.43%)-1.28% (↓41.28%)0.10% (↓107.81%)1.23% (↑1,130.00%)
Value in ₹ crore
Details2021202220232024
Total Assets₹948.80Cr (-)₹1,116.75Cr (↑17.70%)₹1,620.73Cr (↑45.13%)₹1,647.44Cr (↑1.65%)
Total Liabilities₹419.52Cr (-)₹279.82Cr (↓33.30%)₹399.74Cr (↑42.86%)₹372.90Cr (↓6.71%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹22.60Cr (-)₹56.40Cr (↓349.56%)-₹25.62Cr (↓145.43%)-₹54.41Cr (↑112.37%)-₹28.02Cr (↓48.50%)

Asian Granito India Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
33.52%
12.50
Foreign Institutions
1.93%
-5.30
Mutual Funds
0%
0.00
Retail Investors
64.33%
-5.31
Others
0.22%
-5.36

Asian Granito India Ltd Key Indicators

Details20202021202220232024
Return On Assets %4.646.018.23-4.49-0.74
Details20202021202220232024
Book Value Per Share (₹)104.18115.51120.9399.198.06
Details20202021202220232024
Earning Per Share (₹)9.6710.6912.13-6.86-1.57
Details20202021202220232024
Return On Equity %7.3110.288.12-2.562.37

Asian Granito India Ltd Valuation

Asian Granito India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-4332.50x)

September 30, 2024

Today (-3521.50x)

December 19, 2024

Industry (49.22x)

December 19, 2024

Highest (39.65x)

September 15, 2020

LowHigh

Asian Granito India Ltd Earnings and Dividends

  • Asian Granito India Ltd Earnings Results

    Asian Granito India Ltd’s net profit jumped 615.08% since last year same period to ₹6.49Cr in the Q2 2024-2025. On a quarterly growth basis, Asian Granito India Ltd has generated 252.72% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Asian Granito India Ltd Dividends May,2022

    In the quarter ending March 2022, Asian Granito India Ltd has declared dividend of ₹0.70 - translating a dividend yield of 1.75%.

    Read More about Dividends

Asian Granito India Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Asian Granito India Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Asian Granito India Ltd (ASIANTILES) share price today is ₹68.4

Asian Granito India Ltd is listed on NSE

Asian Granito India Ltd is listed on BSE

  • Today’s highest price of Asian Granito India Ltd is ₹71.2.
  • Today’s lowest price of Asian Granito India Ltd is ₹67.65.

PE Ratio of Asian Granito India Ltd is -3521.5

PE ratio = Asian Granito India Ltd Market price per share / Asian Granito India Ltd Earnings per share

Today’s traded volume of Asian Granito India Ltd(ASIANTILES) is 5.81L.

Today’s market capitalisation of Asian Granito India Ltd(ASIANTILES) is ₹1052.11Cr.

Asian Granito India Ltd(ASIANTILESPrice
52 Week High
₹98.2
52 Week Low
₹51

Asian Granito India Ltd(ASIANTILES) share price is ₹68.4. It is down -30.35% from its 52 Week High price of ₹98.2

Asian Granito India Ltd(ASIANTILES) share price is ₹68.4. It is up 34.12% from its 52 Week Low price of ₹51

Asian Granito India Ltd(ASIANTILESReturns
1 Day Returns
-2.03%
1 Month Returns
3.89%
3 Month Returns
-18.62%
1 Year Returns
-0.31%