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Asian Granito India Ltd

(ASIANTILES)

₹66.486.51%

as on 04:01PM, 22 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Asian Granito India Ltd Performance

  • Day's Low

    Day's High

    ₹65.98
    ₹71.3
  • 52 Week's Low

    52 Week's High

    ₹51
    ₹98.2
1 Month Return-17.83 %
3 Month Return-6.03 %
1 Year Return-2.99 %
Previous Close₹71.11
Open₹71.20
Volume15.65L
Upper Circuit-
Lower Circuit-
Market Cap₹990.15Cr

Asian Granito India Ltd Key Statistics

P/E Ratio-112.87
PEG Ratio-21.96
Market Cap₹990.15 Cr
P/B Ratio0.58
EPS-1.57
Dividend Yield0
SectorCeramic Products
ROE2.37

Asian Granito India Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹990.15 Cr-10.63%0.53-₹20 Cr₹1,530 Cr
NA₹155.39 Cr27.87%0.82₹5 Cr₹95 Cr
NA₹245.47 Cr1140.5%5.79NANA
NA₹407.01 Cr-6.25%0.63₹2 Cr₹301 Cr
NA₹472.79 Cr33.24%0.58₹22 Cr₹686 Cr

About Asian Granito India Ltd

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: ₹66.48 per share as on 22 Oct, 2024 04:01 PM
Market Capitalisation: ₹990.15Cr as of today
Revenue: ₹343.19Cr as on June 2024 (Q2 24)
Net Profit: ₹0.36Cr as on June 2024 (Q2 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 Breaks Out of Downtrend - 25 Aug, 2024

    Asian Granito has confirmed a breakout from a long-term downtrend, surpassing the 86 mark. The stock shows bullish head and shoulders pattern, strong buying interest, and positive momentum indicators. Traders are advised to buy within Rs 90-93, with a target of Rs 110 in 1 to 3 months.

  • Asian Granito India Reports Q1 Profit and Expansion Plans - 08 Aug, 2024

    Asian Granito India posted a net profit of Rs 35.36 lakh in Q1 FY25, recovering from a loss last year. The company aims for Rs 6,000 crore revenue and plans to expand into GCC markets. It also approved a capital increase and established a new subsidiary for exports to the USA.

  • Asian Granito India Turns Profitable in Q1 - 07 Aug, 2024

    Asian Granito India reported a consolidated profit of Rs 30 lakh in Q1 2024-25, reversing a loss from the previous year, with net sales increasing by 3% to Rs 343 crore. The company is also investing Rs 73 crore in a new display center in Ahmedabad.

  • Asian Granito India Stock Breaks Out of Downtrend - 05 Aug, 2024

    The Asian Granito India stock has broken out of a downtrend, forming a bullish head and shoulders pattern supported by increased trading volumes and positive momentum oscillators. Traders are advised to buy within the range of Rs 88 to Rs 84, with anticipated price targets of Rs 101 and Rs 106 within the next 1 to 3 months.

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

    Retail Holding Up

    img

    Retail Investor have increased holdings from 67.88% to 68.50% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, -6.21 Cr → 1.84 Cr (in ₹), with an average increase of 196.0% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Finolex Industries Ltd has given 58.9% return, outperforming this stock by 61.9%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Finolex Industries Ltd has given 43.5% return, outperforming this stock by 73.9%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, ASIANTILES stock has moved down by -8.8%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 428.06 Cr → 343.66 Cr (in ₹), with an average decrease of 19.7% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 2.71% to 2.23% in Sep 2024 quarter

Asian Granito India Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹334.80Cr (-)₹400.93Cr (↑19.75%)₹371.23Cr (↓7.41%)₹423.63Cr (↑14.12%)₹343.19Cr (↓18.99%)
Net Income-₹3.55Cr (-)-₹2.80Cr (↓21.13%)-₹8.09Cr (↑188.93%)-₹5.42Cr (↓33.00%)₹0.36Cr (↓106.64%)
Net Profit Margin-1.06% (-)-0.70% (↓33.96%)-2.18% (↑211.43%)-1.28% (↓41.28%)0.10% (↓107.81%)
Value in ₹ crore
Details2021202220232024
Total Assets₹948.80Cr (-)₹1,116.75Cr (↑17.70%)₹1,620.73Cr (↑45.13%)₹1,647.44Cr (↑1.65%)
Total Liabilities₹419.52Cr (-)₹279.82Cr (↓33.30%)₹399.74Cr (↑42.86%)₹372.90Cr (↓6.71%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹22.60Cr (-)₹56.40Cr (↓349.56%)-₹25.62Cr (↓145.43%)-₹54.41Cr (↑112.37%)-₹28.02Cr (↓48.50%)
0

Asian Granito India Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
29.02%
0.00
Foreign Institutions
2.23%
-17.59
Mutual Funds
0%
0.00
Retail Investors
68.5%
0.90
Others
0.26%
-34.36

Asian Granito India Ltd Key Indicators

Details20202021202220232024
Return On Equity %7.3110.288.12-2.562.37
Details20202021202220232024
Return On Assets %4.646.018.23-4.49-0.74
Details20202021202220232024
Book Value Per Share (₹)104.18115.51120.9399.198.06
Details20202021202220232024
Earning Per Share (₹)9.6710.6912.13-6.86-1.57

Asian Granito India Ltd Valuation

Asian Granito India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-149.68x)

August 22, 2024

Today (-112.87x)

October 21, 2024

Industry (56.05x)

October 21, 2024

Highest (39.65x)

September 15, 2020

LowHigh

Asian Granito India Ltd Earnings and Dividends

  • Asian Granito India Ltd Earnings Results

    Asian Granito India Ltd’s net profit jumped 175.41% since last year same period to ₹1.84Cr in the Q1 2024-2025. On a quarterly growth basis, Asian Granito India Ltd has generated 178.3% 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 1.81%.

    Read More about Dividends

Asian Granito India Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

FAQs on Asian Granito India Ltd

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Asian Granito India Ltd (ASIANTILES) share price today is ₹66.48

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 ₹71.3.
  • Today’s lowest price of Asian Granito India Ltd is ₹65.98.

PE Ratio of Asian Granito India Ltd is -112.87

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 15.65L.

Today’s market capitalisation of Asian Granito India Ltd(ASIANTILES) is ₹990.15Cr.

Asian Granito India Ltd(ASIANTILESPrice
52 Week High
₹98.2
52 Week Low
₹51

Asian Granito India Ltd(ASIANTILES) share price is ₹66.48. It is down -32.30% from its 52 Week High price of ₹98.2

Asian Granito India Ltd(ASIANTILES) share price is ₹66.48. It is up 30.35% from its 52 Week Low price of ₹51

Asian Granito India Ltd(ASIANTILESReturns
1 Day Returns
-4.63%
1 Month Returns
-17.83%
3 Month Returns
-6.03%
1 Year Returns
-2.99%