Asian Granito India Limited (ASIANTILES) AI Stock Analysis

• Market Cap: ₹13.69B
• Dividend Yield: N/A
• Average Volume (3M): 27.16K
• Price to Earnings (P/E): 25.4
• Beta (1Y): 1.42
• Revenue Growth: 4.20%
• EPS Growth: N/A
• Country: IN
• Employees: 6,000
• Sector: Consumer Cyclical
• Sector Strength: 71
• Industry: Construction
• EPS (TTM): 0.51
• Shares Outstanding: 231,911,650
• 10 Day Avg. Volume: 23,797
• 30 Day Avg. Volume: 27,165
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ₹62.00
• Price Target Upside: 5.01% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 57 Neutral
• Price Target: ₹62.00 ▲(5.01% Upside)

Asian Granito India Limited's overall stock score reflects a mixed financial performance with a strong balance sheet but modest profitability and cash flow challenges. Technical indicators suggest a neutral to slightly bearish outlook, and the valuation appears high relative to profitability metrics. The absence of earnings call insights and corporate events means these factors do not influence the score.

Asian Granito India Limited Business Overview & Revenue Model

Company Description

Asian Granito India Limited (ASIANTILES) is a leading Indian manufacturer in the ceramic and vitrified tile industry. Established in 2000, the company is headquartered in Ahmedabad, Gujarat, and operates in the tiles, marble, and quartz sectors. ASIANTILES offers a diverse range of products including floor tiles, wall tiles, digital tiles, and engineered stones, catering to both residential and commercial markets domestically and internationally.

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 presents a mixed financial performance with strengths in revenue growth and a stable balance sheet characterized by low leverage and significant equity. However, profitability metrics, though improving, remain 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	Mar 2025	Mar 2023	Mar 2024	Mar 2022	Mar 2021
Income Statement
Total Revenue	15.59B	15.63B	15.24B	15.64B	12.86B
Gross Profit	2.04B	593.26M	2.99B	2.04B	1.86B
EBITDA	849.00M	-557.03M	634.06M	1.69B	1.38B
Net Income	275.40M	-726.95M	-122.55M	919.46M	570.00M
Balance Sheet
Total Assets	20.98B	19.22B	19.07B	15.29B	13.67B
Cash, Cash Equivalents and Short-Term Investments	616.44M	2.27B	810.80M	1.12B	438.88M
Total Debt	2.72B	2.27B	2.48B	1.99B	2.95B
Total Liabilities	7.21B	6.44B	6.27B	5.76B	7.11B
Stockholders Equity	13.68B	12.56B	12.67B	9.18B	6.26B
Cash Flow
Free Cash Flow	-1.18B	-3.06B	-1.61B	-856.08M	52.75M
Operating Cash Flow	604.67M	-493.44M	-824.36M	-74.68M	459.02M
Investing Cash Flow	-1.66B	-4.23B	707.51M	-232.87M	-256.50M
Financing Cash Flow	973.08M	4.07B	80.70M	977.16M	-206.15M

Asian Granito India Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 59.04
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 Positive. The current price of 59.04 is above the 20-day moving average (MA) of 58.58, below the 50-day MA of 62.03, and above the 200-day MA of 58.36, indicating a neutral trend. The MACD of -0.72 indicates Negative momentum. The RSI at 48.04 is Neutral, neither overbought nor oversold. The STOCH value of 72.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	70 Outperform	₹38.40B	44.05		0.16%	3.83%	-15.55%
EXIDEIND	63 Neutral	₹318.11B	37.52		0.53%	3.17%	-3.03%
Sector *	61 Neutral	$17.44B	12.46	-5.95%	3.09%	1.53%	-16.42%
JBMA	60 Neutral	₹143.15B	69.72		0.15%	7.18%	12.78%
ASIANTILES	57 Neutral	₹13.69B	25.36		―	4.20%	―
CENTURYPLY	57 Neutral	₹161.71B	79.78		0.14%	17.28%	-25.99%

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.