Asian Granito India Ltd
The Asian Granito India Ltd (The Company or AGL), established in the year 2000, has emerged as one of the leading ceramic companies in India. Over a short span of two decades, it has built a distinctive reputation for itself in India as well in the global markets as a manufacturer of a wide variety of finest quality Ceramic Tiles, Engineered Marble and Quartz. [1]
- Market Cap ₹ 979 Cr.
- Current Price ₹ 77.2
- High / Low ₹ 86.1 / 44.2
- Stock P/E
- Book Value ₹ 100.0
- Dividend Yield 0.00 %
- ROCE 1.08 %
- ROE -0.97 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.77 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: 29.0%
- Company has a low return on equity of -0.79% over last 3 years.
- Contingent liabilities of Rs.295 Cr.
- Promoter holding has decreased over last 3 years: -8.96%
* 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
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 708 | 775 | 846 | 994 | 1,061 | 1,156 | 1,187 | 1,225 | 1,292 | 1,564 | 1,563 | 1,531 | |
| 639 | 712 | 786 | 903 | 934 | 1,017 | 1,099 | 1,107 | 1,156 | 1,444 | 1,635 | 1,480 | |
| Operating Profit | 70 | 63 | 60 | 91 | 127 | 139 | 88 | 118 | 136 | 120 | -73 | 51 |
| OPM % | 10% | 8% | 7% | 9% | 12% | 12% | 7% | 10% | 11% | 8% | -5% | 3% |
| 2 | 1 | 1 | 1 | 5 | 8 | 9 | 10 | 5 | 50 | 21 | 12 | |
| Interest | 25 | 21 | 23 | 29 | 41 | 39 | 37 | 40 | 35 | 26 | 27 | 31 |
| Depreciation | 22 | 22 | 19 | 28 | 24 | 25 | 27 | 31 | 29 | 30 | 34 | 47 |
| Profit before tax | 25 | 22 | 19 | 35 | 67 | 83 | 33 | 57 | 77 | 114 | -112 | -15 |
| 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 | |
| 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 |
| 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: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 83% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | -12% |
| 3 Years: | -13% |
| 1 Year: | 62% |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 22 | 23 | 23 | 23 | 30 | 30 | 30 | 30 | 34 | 57 | 127 | 127 |
| Reserves | 240 | 253 | 267 | 341 | 369 | 405 | 421 | 466 | 589 | 861 | 1,129 | 1,141 |
| 252 | 228 | 175 | 335 | 327 | 340 | 361 | 332 | 295 | 199 | 227 | 248 | |
| 134 | 182 | 186 | 251 | 334 | 416 | 469 | 431 | 450 | 412 | 439 | 391 | |
| Total Liabilities | 648 | 685 | 651 | 950 | 1,060 | 1,191 | 1,281 | 1,259 | 1,367 | 1,529 | 1,922 | 1,907 |
| 174 | 178 | 188 | 392 | 413 | 426 | 472 | 463 | 457 | 476 | 577 | 783 | |
| CWIP | 3 | 7 | 15 | 6 | 1 | 11 | 0 | 9 | 24 | 52 | 177 | 0 |
| Investments | 18 | 13 | 11 | 13 | 17 | 23 | 28 | 30 | 46 | 66 | 13 | 23 |
| 454 | 488 | 438 | 539 | 629 | 731 | 782 | 757 | 839 | 935 | 1,155 | 1,101 | |
| Total Assets | 648 | 685 | 651 | 950 | 1,060 | 1,191 | 1,281 | 1,259 | 1,367 | 1,529 | 1,922 | 1,907 |
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 | 101 |
| Days Payable | 93 | 107 | 93 | 92 | 150 | 177 | 192 | 159 | 134 | 105 | 106 | 104 |
| Cash Conversion Cycle | 188 | 140 | 108 | 125 | 132 | 114 | 105 | 102 | 126 | 127 | 80 | 94 |
| Working Capital Days | 131 | 117 | 90 | 102 | 107 | 101 | 93 | 108 | 126 | 123 | 115 | 161 |
| ROCE % | 8% | 9% | 11% | 14% | 16% | 9% | 11% | 12% | 10% | -6% |
Documents
Announcements
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Intimation Regarding Receipt Of Observation Letters From The Stock Exchanges.
19h - Regarding receipt of Observation Letters from the Stock Exchanges with respect to proposed Scheme of Arrangement.
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Intimation Regarding Receipt Of Observation Letters From The Stock Exchanges.
19h - Regarding receipt of Observation Letters from the Stock Exchanges with respect to proposed Scheme of Arrangement.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2d
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2d
- Closure of Trading Window 27 Jun
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
from nse
Concalls
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May 2024TranscriptNotesPPT
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Jan 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Mar 2023TranscriptNotesPPT REC
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Nov 2018TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
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Aug 2017Transcript PPT
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May 2017Transcript PPT
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Oct 2016TranscriptNotesPPT
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Oct 2015TranscriptNotesPPT
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Sep 2015TranscriptNotesPPT
Products[1]
AGL manufactures and markets a wide range of products viz. Floor Tiles, Wall Tiles, Parking Tiles, Glazed Vitrified Tiles (GVT), Polished Vitrified Tiles (PVT), Double Charge Tiles, Countertops, Quartz Surfaces, Marble Surfaces, Sanitaryware, Bathware, CP Fittings, Faucets and Construction Chemicals.