Asian Granito India Limited (ASIANTILES) AI Stock Analysis

• Market Cap: ₹13.56B
• Dividend Yield: N/A
• Average Volume (3M): 26.87K
• Price to Earnings (P/E): 25.1
• Beta (1Y): 1.60
• Revenue Growth: 4.20%
• EPS Growth: N/A
• Country: IN
• Employees: 6,000
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Construction
• EPS (TTM): 0.51
• Shares Outstanding: 231,911,650
• 10 Day Avg. Volume: 46,475
• 30 Day Avg. Volume: 26,867
• PEG Ratio: -0.07
• Price to Book (P/B): 0.45
• Price to Sales (P/S): 0.39
• P/FCF Ratio: -5.17
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹63.00
• Price Target Upside: 9.55% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 60 Neutral
• Price Target: ₹63.00 ▲(9.55% Upside)

The overall stock score of 60 reflects a stable financial foundation with low leverage, offset by modest profitability and cash flow challenges. Technical indicators suggest neutral market conditions, while valuation metrics indicate potential overvaluation.

Asian Granito India Limited Business Overview & Revenue Model

Company Description

Asian Granito India Limited, together with its subsidiaries, manufactures and sells tiles, marbles, and quartz products in India. The company offers ceramic wall and floor tiles, glazed vitrified tiles, polished glazed vitrified tiles, and composite marble and quartz stone products. It also provides bath ware products, such as water closet, basin, EWC and Orissa pan, cistern, bathroom furniture, and faucets. The company distributes its products through a network of dealers and sub-dealers, display centers, and exclusive showrooms. It also exports its products internationally. The company was incorporated in 1995 and is headquartered in Ahmedabad, India.

How the Company Makes Money

Asian Granito India Limited makes money primarily through the manufacturing and sale of ceramic and vitrified tiles, which form the bulk of its revenue. The company operates a B2B model, supplying products to distributors, retailers, and construction companies. Revenue streams also include selling engineered stones and quartz products. Additionally, ASIANTILES benefits from exports to various countries, tapping into international markets to diversify its income. Strategic partnerships with distributors and a strong retail network further support its earnings, alongside investments in technology and innovation to enhance product offerings and efficiency.

Asian Granito India Limited Financial Statement Overview

Summary

Asian Granito India Limited shows resilience in revenue growth and a stable balance sheet with low leverage. However, profitability metrics are modest, and cash flow challenges persist with negative free cash flow.

Income Statement

Asian Granito India Limited has demonstrated resilience in its revenue growth with a modest increase from the previous year. The company's gross profit margin stands at 13.08% for the latest year, which is a positive indicator of its core operational efficiency. However, the net profit margin is relatively low at 1.77%, pointing towards limited profitability after accounting for all expenses. While EBIT and EBITDA margins have improved compared to the previous year, they remain modest at 1.61% and 5.45%, respectively, suggesting room for improvement in operational leverage.

Balance Sheet

The company's balance sheet shows a solid equity position with an equity ratio of 65.21%, indicating a stable financial structure. The debt-to-equity ratio is 0.20, reflecting conservative leverage, which reduces financial risk. Return on equity stands at a low 2.01%, suggesting limited returns to shareholders relative to the equity base. Overall, the company maintains a robust balance sheet with low leverage and significant equity, though profitability could be enhanced.

Cash Flow

Asian Granito India Limited has shown improvement in its operating cash flow, turning positive from a negative position in the previous year. The free cash flow remains negative, indicating challenges in generating excess cash after capital expenditures. The operating cash flow to net income ratio is favorable at 2.20, suggesting efficient cash conversion from earnings. However, the negative free cash flow to net income ratio highlights ongoing pressure from capital investments.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	16.04B	15.59B	15.24B	15.63B	15.64B	12.86B
Gross Profit	5.12B	2.04B	1.19B	593.26M	2.04B	1.86B
EBITDA	980.70M	849.00M	634.06M	-557.03M	1.69B	1.38B
Net Income	331.70M	275.40M	-122.55M	-726.95M	919.46M	570.00M
Balance Sheet
Total Assets	0.00	20.98B	19.07B	19.22B	15.29B	13.67B
Cash, Cash Equivalents and Short-Term Investments	615.81M	616.44M	779.70M	2.27B	1.06B	379.89M
Total Debt	0.00	2.72B	2.48B	2.27B	1.99B	2.95B
Total Liabilities	-13.77B	7.21B	6.27B	6.44B	5.76B	7.11B
Stockholders Equity	13.77B	13.68B	12.67B	12.56B	9.18B	6.26B
Cash Flow
Free Cash Flow	0.00	-1.18B	-1.61B	-3.06B	-856.08M	52.75M
Operating Cash Flow	0.00	604.67M	-824.36M	-493.44M	-74.68M	459.02M
Investing Cash Flow	0.00	-1.62B	707.51M	-4.23B	-232.87M	-256.50M
Financing Cash Flow	0.00	936.60M	80.70M	4.07B	977.16M	99.55M

Asian Granito India Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 57.51
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ASIANTILES, the sentiment is Negative. The current price of 57.51 is below the 20-day moving average (MA) of 59.73, below the 50-day MA of 59.44, and above the 200-day MA of 56.69, indicating a neutral trend. The MACD of -0.42 indicates Positive momentum. The RSI at 44.45 is Neutral, neither overbought nor oversold. The STOCH value of 23.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ASIANTILES.

Asian Granito India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GREENPLY	66 Neutral	₹37.41B	42.92	―	0.17%	3.83%	-15.55%
JBMA	64 Neutral	₹161.45B	78.64	―	0.12%	7.18%	12.78%
CENTURYPLY	62 Neutral	₹180.66B	88.29	―	0.12%	17.28%	-25.98%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
ASIANTILES	60 Neutral	₹13.56B	25.13	―	―	4.20%	―
EXIDEIND	58 Neutral	₹338.30B	39.90	―	0.50%	3.17%	-3.03%

Asian Granito India Limited Corporate Events

Asian Granito Announces Court-Convened Creditors Meeting for Demerger Scheme

Asian Granito India Limited has announced a court-convened meeting for its unsecured creditors as part of a Composite Scheme of Arrangement involving a demerger with Adicon Ceramica Tiles Private Limited and Adicon Ceramics Limited. This meeting, scheduled for September 18, 2025, aims to consider and potentially approve the scheme, which could impact the company’s operational structure and stakeholder interests.