Asian Granito

What does Asian Granito do?

Asian Granito India Ltd is a micro-cap company operating in the diversified consumer products industry, primarily involved in trading tiles and ceramics. As of March 2025, it reported net sales of ₹472 crore and a net profit of ₹19 crore.

Overview: <BR>Asian Granito India Ltd operates in the diversified consumer products industry and is categorized as a micro-cap company.<BR><BR>History: <BR>The company was incorporated in 1995 as 'Karnavati Fincap Private Limited' and later changed its name to Karnavati Fincap Limited when it became a public limited company. The company's line of business shifted from finance to trading in cloth in 1999. The most recent quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 472 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 19 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 868 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 31.00 <BR>Industry P/E: 32 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.15 <BR>Return on Equity: 2.01% <BR>Price to Book: 0.62 <BR><BR>Contact Details: <BR>Address: 202 Devarc Opp Iskon Temple, Sarkhej Gandhinagar Highway Ahmedabad Gujarat : 380015 <BR>Tel: 91-79-66125500/698 <BR>Email: info@aglasiangranito.com <BR>Website: http://www.aglasiangranito.com

Has Asian Granito declared dividend?

Yes, Asian Granito India Ltd has declared a 7% dividend, amounting to ₹0.7 per share, with an ex-date of June 9, 2022. However, the dividend yield is 0%, and total returns over various periods show mixed performance, including significant declines in shorter time frames.

Asian Granito India Ltd has declared a 7% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 7%<BR>- Amount per share: 0.7<BR>- Ex-date: 09 Jun 22<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>Over the 6-month period, the price return was -17.41%, with a dividend return of 0%, resulting in a total return of -17.41%.<BR><BR>For the 1-year period, the price return was -2.22%, with a dividend return of 0%, leading to a total return of -2.22%.<BR><BR>In the 2-year period, the price return was 27.35%, with a dividend return of 0%, which resulted in a total return of 27.35%.<BR><BR>During the 3-year period, the price return was 15.72%, with a dividend return of 0%, culminating in a total return of 15.72%.<BR><BR>In the 4-year period, the price return was -67.97%, with a dividend return of 0.65%, resulting in a total return of -67.32%.<BR><BR>For the 5-year period, the price return was -54.2%, with a dividend return of 0.89%, leading to a total return of -53.31%.<BR><BR>Overall, while Asian Granito has declared a dividend, the dividend yield remains at 0%, indicating that the dividend has not significantly contributed to returns. The total returns over various periods show a mix of negative and positive performance, with notable declines in the shorter time frames.

Who are the peers of the Asian Granito?

Asian Granito's peers include Kajaria Ceramics, Safari Industries, Cera Sanitary, V I P Industries, Borosil, Swiss Military, Wim Plast, Global Surfaces, and Pil Italica Life. In terms of management risk, growth, and capital structure, Asian Granito is rated below average compared to its peers, with a 1-year return of 0.97%.

Peers: The peers of Asian Granito are Kajaria Ceramics, Safari Inds., Cera Sanitary., V I P Inds., Borosil, Swiss Military, Wim Plast, Global Surfaces, and Pil Italica Life.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kajaria Ceramics, Safari Inds., and Cera Sanitary., while Average management risk is found at V I P Inds., Swiss Military, and Wim Plast. Below Average management risk is noted for Borosil, Asian Granito, Global Surfaces, and Pil Italica Life. Growth is Excellent for Safari Inds. and Borosil, while Good growth is seen at Kajaria Ceramics and Swiss Military. Below Average growth is present in Cera Sanitary., V I P Inds., Asian Granito, Wim Plast, Global Surfaces, and Shree Tirupati. Capital Structure is Excellent at Kajaria Ceramics, Safari Inds., Cera Sanitary., and Wim Plast, while Good capital structure is observed at Swiss Military and Pil Italica Life, with Below Average capital structure at V I P Inds., Borosil, Asian Granito, Global Surfaces, and Shree Tirupati.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Pil Italica Life at 46.36%, while the lowest is Global Surfaces at -38.56%. Asian Granito's 1-year return is 0.97%, which is higher than Global Surfaces but significantly lower than Pil Italica Life. Additionally, the peers with negative six-month returns include V I P Inds., Borosil, Global Surfaces, and Shree Tirupati.

Who are in the management team of Asian Granito?

As of March 2023, the management team of Asian Granito includes Kamleshbhai Patel (Chairman & Managing Director), Mukeshbhai Patel (Managing Director), and several executive and independent directors, overseeing the company's operations and strategic direction.

As of March 2023, the management team of Asian Granito includes the following individuals:<BR><BR>1. Kamleshbhai Patel - Chairman & Managing Director<BR>2. Mukeshbhai Patel - Managing Director<BR>3. Sureshbhai J Patel - Executive Director<BR>4. Bhaveshbhai V Patel - Executive Director<BR>5. Bhogibhai Patel - Executive Director<BR>6. Indira Nityanandam - Independent Director<BR>7. Mukeshbhai M Shah - Independent Director<BR>8. Dhruti Trivedi - Company Secretary & Compliance Officer<BR>9. Hemendrakumar C Shah - Independent Director<BR>10. Kandarp G Trivedi - Independent Director<BR>11. Maganlal Prajapati - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the top shareholders of the Asian Granito?

The top shareholders of Asian Granito include Kamleshkumar Bhagubhai Patel with 8.31%, Girish Kalidasbhai Patel with 1.83%, and individual investors holding 52.02%. The company also has 20 foreign institutional investors with a combined 1.93%, but no mutual funds currently hold shares.

The top shareholders of Asian Granito include Kamleshkumar Bhagubhai Patel, who holds the highest stake among promoters at 8.31%. Additionally, Girish Kalidasbhai Patel is noted as the highest public shareholder with a holding of 1.83%. Overall, individual investors collectively hold a significant portion of 52.02%. The company also has 20 foreign institutional investors (FIIs) with a combined holding of 1.93%, while there are no mutual funds currently holding shares in the company.

How big is Asian Granito?

As of 24th July, Asian Granito India Ltd has a market capitalization of 878.00 Cr, with net sales of 1558.51 Cr and a net profit of 27.53 Cr over the latest four quarters. Shareholder's funds are valued at 1,367.84 Cr, and total assets amount to 2,087.41 Cr.

As of 24th July, Asian Granito India Ltd has a market capitalization of 878.00 Cr, classified as a Micro Cap.<BR><BR>In the latest four quarters, the company reported net sales of 1558.51 Cr and a net profit of 27.53 Cr.<BR><BR>For the latest annual period ending in March 2025, the shareholder's funds were valued at 1,367.84 Cr, while total assets amounted to 2,087.41 Cr.

How has been the historical performance of Asian Granito?

Asian Granito's historical performance shows mixed results, with net sales increasing from 1,224.53 Cr in Mar'20 to 1,628.02 Cr in Mar'25, despite a dip in Mar'23. Profitability has been volatile, with significant losses in Mar'23 improving to small profits by Mar'25, while total assets grew from 1,259.10 Cr to 2,087.41 Cr during the same period.

Answer:<BR>The historical performance of Asian Granito shows a mixed trend over the years, with fluctuations in revenue and profitability.<BR><BR>Breakdown:<BR>Asian Granito's net sales have shown an upward trend, increasing from 1,224.53 Cr in Mar'20 to 1,628.02 Cr in Mar'25, despite a dip in Mar'23. The total operating income followed a similar pattern, peaking at 1,628.02 Cr in Mar'25. However, the company faced challenges with operating profit, which was negative in Mar'23 at -68.10 Cr, but improved to 65.04 Cr in Mar'25. Profit before tax has been volatile, with a significant loss of -112.44 Cr in Mar'23, but narrowing losses to -12.86 Cr in Mar'25. The profit after tax also fluctuated, showing a loss of -86.91 Cr in Mar'23, but recovering to a small profit of 0.70 Cr in Mar'25. The company's total assets increased from 1,259.10 Cr in Mar'20 to 2,087.41 Cr in Mar'25, while total liabilities also rose, indicating a growing scale of operations. Cash flow from operating activities improved significantly to 81.00 Cr in Mar'25, compared to negative cash flows in previous years, although the net cash outflow was -8.00 Cr in the same period. Overall, while Asian Granito has made progress in sales and operational cash flow, it has faced challenges in profitability and managing its liabilities.

Is Asian Granito overvalued or undervalued?

As of November 13, 2025, Asian Granito is considered very attractive and undervalued, with a PE ratio of 48.38, an EV to EBITDA of 17.90, and a PEG ratio of 0.09, indicating strong growth potential despite recent stock performance lagging behind the Sensex.

As of 13 November 2025, the valuation grade for Asian Granito has moved from attractive to very attractive. The company is currently assessed as undervalued. Key ratios include a PE ratio of 48.38, an EV to EBITDA of 17.90, and a PEG ratio of 0.09, indicating strong growth potential relative to its price.<BR><BR>In comparison to peers, Asian Granito's PE ratio is higher than Kajaria Ceramics at 46.03 and significantly higher than L T Foods at 22.27, suggesting that while it may appear expensive on a PE basis, its growth prospects are more favorable. Furthermore, the company's EV to EBITDA ratio is lower than Kajaria Ceramics' 25.47, which reinforces the notion of its attractive valuation. Despite recent stock performance trailing behind the Sensex, particularly over the 1Y and 5Y periods, the current valuation metrics support a positive outlook for Asian Granito.

Is Asian Granito technically bullish or bearish?

As of December 1, 2025, the trend is mildly bullish due to weekly MACD and moving averages, but mixed signals from the monthly MACD and KST suggest a cautious approach.

As of 1 December 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly MACD and moving averages, which indicate bullish conditions. However, the monthly MACD is only mildly bullish, and the KST shows a bearish signal on the monthly timeframe. The RSI shows no signals in both weekly and monthly timeframes, indicating a lack of momentum. Overall, while there are some bullish indicators, the mixed signals suggest a cautious approach.

When is the next results date for Asian Granito India Ltd?

The next results date for Asian Granito India Ltd is 30 May 2026.

The next results date for Asian Granito India Ltd is scheduled for 30 May 2026.

Are Asian Granito India Ltd latest results good or bad?

Asian Granito India Ltd's latest results are concerning, showing a 4.61% revenue increase but a significant net loss of ₹31.89 crores, indicating severe operational challenges and deteriorating profitability. Investors should exercise caution due to the company's weak return on equity and operational inefficiencies.

Asian Granito India Ltd's latest results are concerning, indicating significant operational challenges. While the company reported a revenue increase of 4.61% year-on-year for Q4 FY26, reaching ₹538.50 crores, it suffered a substantial net loss of ₹31.89 crores, marking a drastic decline of 739.21% compared to the previous year. This loss erases any gains made earlier in the fiscal year, as the company had shown some profitability over the nine-month period.<BR><BR>The operating margin also deteriorated sharply, dropping to -3.88%, which is the lowest on record for the company. This margin compression suggests severe operational inefficiencies and cost pressures that have not been effectively managed. Additionally, the company's return on equity (ROE) remains weak at 3.91%, significantly lagging behind industry standards.<BR><BR>Overall, the results reflect a troubling paradox of revenue growth accompanied by a collapse in profitability, raising serious questions about the sustainability of the company's operations and its ability to recover in the near term. Investors may need to exercise caution given the current financial trajectory and lack of institutional support.

Should I buy, sell or hold Asian Granito India Ltd?

Why is Asian Granito India Ltd falling/rising?

As of 02-Jun, Asian Granito India Ltd's stock price is at 60.95, reflecting a decline of -19.32% year-to-date and -69.29% over the past five years, significantly underperforming the benchmark Sensex. The stock is also trading below all its moving averages, indicating a bearish trend.

As of 02-Jun, Asian Granito India Ltd's stock price is falling, currently at 60.95, which reflects a change of -0.36 (-0.59%). The stock has underperformed compared to the benchmark Sensex, which has declined by only -1.79% over the past week, while Asian Granito's stock has dropped by -2.23%. Over the past month, the stock has decreased by -6.35%, significantly more than the Sensex's -2.94% decline.<BR><BR>Year-to-date, Asian Granito's stock has fallen by -19.32%, compared to the Sensex's -12.40%. This trend of underperformance continues when looking at the longer-term metrics; the stock has decreased by -69.29% over the past five years, while the Sensex has gained +43.97%. <BR><BR>Additionally, the stock is trading lower than its moving averages across all time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Despite a rise in investor participation, with a delivery volume increase of 57.93% against the 5-day average, the overall performance today shows that the stock has underperformed its sector by -1.02%. <BR><BR>These factors collectively indicate that Asian Granito India Ltd is experiencing a decline in its stock price.

Which are the latest news on Asian Granito?