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Asian Granito India Ltd (ASIANTILES)

₹79.271.59%

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Overview
News
Financials
Q3 '23 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹78.47
    ₹81.51
  • 52 Week's Low

    52 Week's High

    ₹44.2
    ₹86.1
1 Month Return+ 2.22 %
3 Month Return+ 35.26 %
1 Year Return+ 69.76 %
Previous Close₹80.55
Open₹81.00
Volume11.98L
Upper Circuit-
Lower Circuit-
Market Cap₹1,020.93Cr

Key Statistics

P/E Ratio-83.04
PEG Ratio-17.16
Market Cap₹1,020.93 Cr
P/B Ratio0.36
EPS4.83873005445151

Company Information

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: ₹79.27 per share as on 15 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,020.93Cr as of today
Revenue: ₹423.63Cr as on March 2024 (Q1 24)
Net Profit: ₹-5.42Cr as on March 2024 (Q1 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 India Ltd Stock Rises 26% Despite Declining Revenue - 15 Jun, 2024

    Despite declining revenue, Asian Granito India Ltd's stock rose by 26%. Shareholders are accepting the low P/S ratio as they don't expect future revenue to improve. The company's three-year revenue trends look worse than current industry expectations.

  • Asian Granito India Ltd Reports Decrease in Net Sales and Increase in Quarterly Net Loss - 28 May, 2024

    Asian Granito India Ltd's consolidated net sales for March 2024 were Rs. 423.63 crore, down 7.05% YoY. The quarterly net loss was Rs. 2.35 crore, up 94.74% from the previous year. However, EBITDA increased by 159.35%. The stock has given -18.81% returns over the last 6 months and 31.13% over the last 12 months.

  • Asian Granito Narrows Losses and Reports Improved Financial Performance - 24 May, 2024

    Bathware and tiles manufacturer Asian Granito India Ltd (AGL) reported improved financial performance with its Q4FY24 consolidated loss narrowing to Rs 5.5 crore and standalone net profit at Rs 9.06 crore. AGL aims for a turnover of Rs 6,000 crore in coming years on the back of strategic expansion plans.

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

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.97% to 1.36% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 372.51 Cr → 428.06 Cr (in ₹), with an average increase of 13.0% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, -6.21 Cr → -2.35 Cr (in ₹), with an average increase of 164.3% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Finolex Industries Ltd has given 75.4% return, outperforming this stock by 5.6%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 29.02% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cera Sanitaryware Ltd has given 101.8% return, outperforming this stock by 132.2%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 70.01% to 69.62% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, ASIANTILES stock has moved down by -30.5%

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹423.63Cr
↑14.12%
Net Income
-₹5.42Cr
↓33.00%
Net Profit Margin
-1.28%
↓41.28%
2023Y/Y Change
Revenue
₹1,562.72Cr
↓0.07%
Net Income
-₹86.91Cr
↓194.38%
Net Profit Margin
-5.56%
↓194.40%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹1,620.73Cr
↑45.13%
Total Liabilities
₹399.74Cr
↑42.86%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹54.41Cr
↑112.37%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
29.02%
0.00
Foreign Institutions
1.36%
0.00
Mutual Funds
0%
0.00
Retail Investors
69.62%
0.00
Others
0%
0.00

Key Indicators

Asian Granito India Ltd Valuation

Asian Granito India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-85.48x)

July 5, 2024

Today (-83.04x)

July 12, 2024

Industry (64.79x)

July 12, 2024

Highest (39.65x)

September 15, 2020

LowHigh

Earnings and Dividends

  • Asian Granito India Ltd Earnings Results

    Asian Granito India Ltd’s net profit jumped 94.74% since last year same period to ₹-2.35Cr in the Q4 2023-2024. On a quarterly growth basis, Asian Granito India Ltd has generated 62.16% 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 1.49%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

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

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Asian Granito India Ltd (ASIANTILES) share price today is ₹79.27

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 ₹81.51.
  • Today’s lowest price of Asian Granito India Ltd is ₹78.47.

PE Ratio of Asian Granito India Ltd is -83.04

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 11.98L.

Today’s market capitalisation of Asian Granito India Ltd(ASIANTILES) is ₹1020.93Cr.

Asian Granito India Ltd(ASIANTILESPrice
52 Week High
₹86.1
52 Week Low
₹44.2

Asian Granito India Ltd(ASIANTILES) share price is ₹79.27. It is down -7.93% from its 52 Week High price of ₹86.1

Asian Granito India Ltd(ASIANTILES) share price is ₹79.27. It is up 79.34% from its 52 Week Low price of ₹44.2

Asian Granito India Ltd(ASIANTILESReturns
1 Day Returns
-1.28%
1 Month Returns
2.22%
3 Month Returns
35.26%
1 Year Returns
69.76%