Asian Granito India Ltd
₹ 72.2
3.19%
03 Dec
- close price
About
Incorporated in 1995, Asian Granito manufactures and trades Tiles, Marble and allied products[1]
Key Points
- Market Cap ₹ 1,004 Cr.
- Current Price ₹ 72.2
- High / Low ₹ 98.2 / 50.9
- Stock P/E
- Book Value ₹ 101
- Dividend Yield 0.00 %
- ROCE 1.23 %
- ROE -0.91 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.72 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 5.22% over past five years.
- Promoter holding is low: 33.5%
- Company has a low return on equity of -0.77% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Ceramic Products Industry: Ceramics - Tiles / Sanitaryware
Loading peers table ...
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 708 | 775 | 846 | 994 | 1,061 | 1,156 | 1,187 | 1,225 | 1,292 | 1,564 | 1,563 | 1,530 | 1,522 | |
| 639 | 712 | 786 | 903 | 934 | 1,017 | 1,099 | 1,107 | 1,156 | 1,444 | 1,635 | 1,480 | 1,470 | |
| Operating Profit | 70 | 63 | 60 | 91 | 127 | 139 | 88 | 118 | 136 | 120 | -73 | 50 | 52 |
| OPM % | 10% | 8% | 7% | 9% | 12% | 12% | 7% | 10% | 11% | 8% | -5% | 3% | 3% |
| 2 | 1 | 1 | 1 | 5 | 8 | 9 | 10 | 5 | 50 | 21 | 13 | 7 | |
| Interest | 25 | 21 | 23 | 29 | 41 | 39 | 37 | 40 | 35 | 26 | 27 | 31 | 28 |
| Depreciation | 22 | 22 | 19 | 28 | 24 | 25 | 27 | 31 | 29 | 30 | 34 | 47 | 50 |
| Profit before tax | 25 | 22 | 19 | 35 | 67 | 83 | 33 | 57 | 77 | 114 | -112 | -15 | -20 |
| Tax % | 33% | 39% | 30% | 32% | 28% | 31% | 30% | 19% | 25% | 19% | -23% | 33% | |
| 17 | 12 | 15 | 26 | 49 | 57 | 23 | 46 | 58 | 92 | -87 | -20 | -9 | |
| EPS in Rs | 2.09 | 1.45 | 1.77 | 2.91 | 4.05 | 4.74 | 1.88 | 3.79 | 4.52 | 7.26 | -5.74 | -0.97 | -0.02 |
| Dividend Payout % | 13% | 0% | 0% | 0% | 9% | 7% | 9% | 5% | 3% | 4% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 5% |
| 3 Years: | 6% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 95% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | -14% |
| 3 Years: | -9% |
| 1 Year: | -1% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 2% |
| 3 Years: | -1% |
| Last Year: | -1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 22 | 23 | 23 | 23 | 30 | 30 | 30 | 30 | 34 | 57 | 127 | 127 | 127 |
| Reserves | 242 | 253 | 267 | 341 | 369 | 405 | 421 | 487 | 592 | 861 | 1,129 | 1,141 | 1,149 |
| 252 | 228 | 175 | 335 | 327 | 340 | 361 | 332 | 295 | 199 | 227 | 248 | 220 | |
| 132 | 182 | 186 | 251 | 334 | 416 | 469 | 410 | 447 | 412 | 439 | 391 | 386 | |
| Total Liabilities | 648 | 685 | 651 | 950 | 1,060 | 1,191 | 1,281 | 1,259 | 1,367 | 1,529 | 1,922 | 1,907 | 1,882 |
| 174 | 178 | 188 | 392 | 413 | 426 | 472 | 463 | 457 | 476 | 577 | 783 | 767 | |
| CWIP | 3 | 7 | 15 | 6 | 1 | 11 | 0 | 9 | 24 | 52 | 177 | 0 | 2 |
| Investments | 18 | 13 | 11 | 13 | 17 | 23 | 28 | 30 | 46 | 66 | 13 | 23 | 11 |
| 454 | 488 | 438 | 539 | 629 | 731 | 782 | 757 | 839 | 935 | 1,155 | 1,101 | 1,102 | |
| Total Assets | 648 | 685 | 651 | 950 | 1,060 | 1,191 | 1,281 | 1,259 | 1,367 | 1,529 | 1,922 | 1,907 | 1,882 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 19 | 62 | 104 | 21 | 63 | 94 | 88 | 56 | 46 | -7 | -49 | -82 | |
| -49 | -28 | -33 | -221 | -40 | -48 | -62 | -41 | -26 | -23 | -423 | 71 | |
| 34 | -43 | -76 | 203 | -22 | -42 | -16 | -40 | 10 | 98 | 408 | 8 | |
| Net Cash Flow | 4 | -10 | -4 | 3 | 1 | 5 | 9 | -24 | 30 | 67 | -64 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 88 | 90 | 71 | 72 | 103 | 127 | 123 | 112 | 119 | 109 | 97 | 97 |
| Inventory Days | 193 | 157 | 130 | 145 | 179 | 164 | 174 | 149 | 142 | 123 | 88 | 103 |
| Days Payable | 93 | 107 | 93 | 92 | 150 | 177 | 192 | 159 | 134 | 105 | 106 | 106 |
| Cash Conversion Cycle | 188 | 140 | 108 | 125 | 132 | 114 | 105 | 102 | 126 | 127 | 80 | 93 |
| Working Capital Days | 131 | 117 | 90 | 102 | 107 | 101 | 93 | 108 | 126 | 123 | 115 | 156 |
| ROCE % | 8% | 9% | 11% | 14% | 16% | 9% | 11% | 12% | 10% | -6% | 1% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Allotment
23 Nov - Conversion of warrants into equity shares approved.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Nov
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
14 Nov - Asian Granito reports Q2FY25 consolidated net sales of Rs. 384 crore.
- Announcement under Regulation 30 (LODR)-Investor Presentation 14 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting
14 Nov - Approved financial results and new subsidiary incorporation.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Concalls
-
Nov 2024TranscriptNotesPPT
-
Aug 2024TranscriptNotesPPT
-
May 2024TranscriptNotesPPT
-
Jan 2024TranscriptNotesPPT
-
Nov 2023TranscriptNotesPPT
-
May 2023TranscriptNotesPPT
-
Mar 2023TranscriptNotesPPT REC
-
Nov 2022TranscriptNotesPPT
-
Aug 2022TranscriptNotesPPT
-
May 2022TranscriptNotesPPT
-
Apr 2022TranscriptNotesPPT
-
Feb 2022TranscriptNotesPPT
-
Nov 2021TranscriptNotesPPT
-
Sep 2021TranscriptNotesPPT
-
Sep 2021TranscriptNotesPPT
-
Aug 2021TranscriptNotesPPT
-
May 2021TranscriptNotesPPT
-
Feb 2021TranscriptNotesPPT
-
Nov 2020TranscriptNotesPPT
-
Oct 2020TranscriptNotesPPT
-
Oct 2020TranscriptNotesPPT
-
Aug 2020TranscriptNotesPPT
-
Jun 2020TranscriptNotesPPT
-
Feb 2020TranscriptNotesPPT
-
Feb 2020TranscriptNotesPPT
-
Nov 2019TranscriptNotesPPT
-
Aug 2019TranscriptNotesPPT
-
May 2019TranscriptNotesPPT
-
Feb 2019TranscriptNotesPPT
-
Feb 2019TranscriptNotesPPT
-
Nov 2018TranscriptNotesPPT
-
Aug 2018TranscriptNotesPPT
-
May 2018TranscriptNotesPPT
-
Nov 2017TranscriptNotesPPT
-
Nov 2017TranscriptNotesPPT
-
Aug 2017Transcript PPT
-
Aug 2017TranscriptNotesPPT
-
May 2017Transcript PPT
-
Jan 2017TranscriptPPT
-
Oct 2016TranscriptNotesPPT
-
May 2016TranscriptNotesPPT
-
Oct 2015TranscriptNotesPPT
-
Sep 2015TranscriptNotesPPT
Business Overview:[1][2]
AGL is the 4th largest listed Ceramic Tiles company in India. It manufactures and markets a wide range of products, viz. Floor Tiles, Wall Tiles, Parking Tiles, Glazed Vitrified Tiles, Polished Vitrified Tiles, Double Charge Tiles, Countertops, Quartz Surfaces, Marble Surfaces, Sanitaryware, Bathware, CP Fittings, Faucets and Construction Chemicals.
Company has 14,000+ Touchpoints, 2,700+ Distributors, Dealers, and Sub dealers, 235 Exclusive franchise, and 12 company owned display centres.