Asian Granito India Ltd Stock Price Today (NSE: ASIANTILES)

Asian Granito India Ltd

ASIANTILESCeramics
59.200.61 (1.02%)
Market Closed

Fundamental Score

...

Asian Granito India Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Asian Granito India Ltd share price today is 59.20, down 1.02% on NSE/BSE as of 17 June 2026. Asian Granito India Ltd (ASIANTILES) is a Small-cap company in the Ceramics sector with a market capitalisation of 1.49K (Cr). The 52-week high for ASIANTILES share price is N/A and the 52-week low is 55.00. At a P/E ratio of 46.85x, ASIANTILES is currently trading above its industry average P/E of 44.75x. The company has a Return on Equity (ROE) of 2.10% and a debt-to-equity ratio of 0.20.

Asian Granito India Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
78.63
Low
58.42
Volume
49.7L
Change
-20.53%

Asian Granito India Ltd share price chart: -20.53% return over the past month. 52-week high ₹N/A, 52-week low ₹55.00.

Asian Granito India Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
60.9962.4960.0060.9826.00L (Cr)
60.0062.7458.8961.4861.86L (Cr)
61.7962.6560.7861.1557.08L (Cr)
62.1163.4961.3061.7742.58L (Cr)
62.5563.5062.2062.4318.01L (Cr)
62.3364.6462.3362.6129.22L (Cr)
62.9063.9561.9062.3321.61L (Cr)
62.5564.1961.5463.4620.52L (Cr)
61.7063.9560.7863.0522.30L (Cr)
59.0262.9559.0162.3041.07L (Cr)

Asian Granito India Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
60.0062.7458.8960.98+1.63%
65.0166.2058.4261.15-5.94%
58.990.000.0065.01+10.21%
68.0069.4655.1056.47-16.96%
68.9076.4066.5071.26+3.43%
76.0077.7867.7569.50-8.55%
65.2078.8058.7275.39+15.63%
63.2070.8562.9665.03+2.90%
58.0065.5055.0063.45+9.40%
58.0565.7057.1057.64-0.71%
58.5065.5056.2558.74+0.41%
63.8065.9055.0058.78-7.87%

AI Research Briefing

Powered by Gemini · 2026-04-09

Inconsistent performance and weak financials make this turnaround story too risky for serious capital.

Research Confidence
5.0/10Moderate
DEBT TRAP TURNAROUNDConsolidation. 1M: 0.69%, 3M: 7.87%, 6M: 10.14%P/E of 46.85x is slightly expensive compared to the industry P/E of 44.75x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search. The last major news was on March 23, 2026, when Asian Granito India Ltd was downgraded to 'Sell' due to mixed technical signals and weak long-term financial fundamentals.

CORE STORY (THE REAL GAME)

Asian Granito is a turnaround story attempting to capitalize on reduced import tariffs and strategic acquisitions to become a comprehensive building materials player. However, the market is skeptical about its ability to sustain profitability and manage its debt effectively.

Why Now
  • Improved quarterly performance
  • Strategic acquisition
  • Favorable tariff landscape
Potential Catalysts
  • Sustained profitability
  • Successful integration of Allomex Steel
  • Further reduction in debt
Key Risks
  • Negative free cash flow
  • Micro-cap liquidity risk
  • History of inconsistent performance
Institutional Activity

FII shareholding has decreased by -40.44% in the past year.

Macro Context

Reduction of U.S. import tariffs on Indian ceramic products to 18% provides a tailwind.

Cash Flow Quality

No. Free Cash Flow 5Y: ₹-625.78 Cr

3–6 Month Outlook

The next 3-6 months will be crucial to see if AGL can sustain its improved performance. Monitor debt reduction and integration of Allomex Steel.

Primary Thesis Risk

Inability to generate consistent free cash flow will lead to debt spiral.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

2.10%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

2.17%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

4.07%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Asian Granito India Ltd Valuation Check

Poor

Price to Earnings (P/E)

46.85x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

44.75x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

33.46%

% shares held by company founders/management

Poor

FII Holding

1.10%

% shares held by foreign institutional investors

Poor

DII Holding

0.14%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

151.00%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

6.06%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

4.94%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-13.05%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

-8.05%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.20x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

2.07x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-625.78 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Asian Granito India Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of ASIANTILES across key market metrics for learning purposes.

Positive Indicators

3 factors identified

Robust Profit Growth (151.00%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Conservative Debt Levels (D/E: 0.20)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

11 factors identified

Below-Average Return on Equity (2.10%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (2.17%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (4.07%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Premium Valuation Risk (P/E: 46.85x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Limited Growth History (4.94% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Weak Earnings Growth (-13.05% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (-8.05% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Weak Interest Coverage (2.07x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-625.78 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 1.24%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Asian Granito India Ltd vs Ceramics Peers

Peer Comparison - Ceramics

Compare Asian Granito India Ltd with 9 other companies in the same sector

10 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
19.4/100
59
₹1493.63
46.9
Average
2.10%
Poor
2.17%
Poor
0.2
Excellent
-8.05%
Poor
4.94%
Average
0.00%
50.2/100
1081
₹17101.85
42.6
Average
11.22%
Average
17.13%
Good
0.1
Excellent
3.31%
Average
10.54%
Good
0.84%
Nitco Ltd...
NITCO532722
0/100
95
₹1946.58
-42.87%
Poor
1.0
Average
-7.35%
Poor
0.00%
41.9/100
510
₹1732.18
30.4
Average
8.17%
Poor
11.51%
Average
0.4
Excellent
13.87%
Good
10.55%
Good
0.71%
31.5/100
352
₹432.00
66.0
Average
0.90%
Poor
2.38%
Poor
0.1
Excellent
-16.88%
Poor
6.35%
Good
0.17%
30.8/100
7
₹362.85
53.7
Average
0.09%
Poor
3.85%
Poor
0.3
Excellent
0.00%
53/100
35
₹217.48
20.9
Average
2.70%
Poor
5.24%
Poor
0.3
Excellent
42.14%
Excellent
14.40%
Good
1.39%
50/100
75
₹148.04
12.1
Average
16.23%
Good
17.73%
Good
0.5
Excellent
0.00%
32/100
41
₹122.96
85.4
Average
-43.47%
Poor
18.95%
Excellent
0.00%
36.2/100
7
₹69.68
-12.98%
Poor
13.13%
Good
-7.22%
Poor
0.00%

Asian Granito India Ltd PE Ratio History

Historical price-to-earnings ratio for ASIANTILES — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20252.03₹75.3937.1x
FY 202218.00₹50.702.8x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Asian Granito India Ltd Dividend History

Annual cash dividends paid by ASIANTILES — dividend yield N/A

Financial YearDividends Paid (₹ Cr)
FY 20238.86 Cr
FY 20221.71 Cr
FY 20212.16 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Asian Granito India Ltd Quarterly Performance

Latest quarterly metrics for ASIANTILES — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

6.06%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

151.00%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

4.94%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

-8.05%

Compounded annual net profit growth over 5 years

Asian Granito India Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for ASIANTILES — calculated from daily price history

41RSI 14
Neutral — RSI 41

Momentum is balanced — neither overbought nor oversold.

SMA 50
NaN
▼ Price below SMA 50 — Short-term bearish
SMA 200
NaN
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
5250K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Asian Granito India Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Asian Granito India Ltd (ASIANTILES) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Asian Granito India Ltd

About ASIANTILES (Asian Granito India Ltd)

Asian Granito India Ltd is a formidable force in the Indian ceramics landscape, renowned for its expansive portfolio of exquisitely crafted tiles and surfacing solutions. The compa...ny has carved a niche for itself through an unwavering commitment to quality, innovation, and design. From the subtle elegance of ceramic wall tiles to the robust resilience of vitrified floor tiles, Asian Granito offers a symphony of textures, colors, and patterns, catering to diverse aesthetic preferences and architectural styles. The sheer breadth of their product line, combined with their dedication to cutting-edge manufacturing processes, positions them as a leader in meeting the ever-evolving demands of the construction and interior design industries. Beyond traditional tiles, Asian Granito has strategically diversified into the realm of engineered surfaces, reflecting a keen understanding of evolving consumer preferences. Their marble and quartz offerings exude sophistication and luxury, providing homeowners and businesses with premium alternatives for countertops, vanities, and other high-end applications. This diversification allows them to capture a larger share of the market, solidifying their position as a comprehensive provider of surface solutions. Furthermore, the company's commitment to sustainability is evident in their adoption of eco-friendly manufacturing practices, ensuring their operations minimize environmental impact while delivering exceptional products. Asian Granito's success is underpinned by a robust distribution network that spans across India, ensuring their products are readily accessible to a wide customer base. Their focus on customer satisfaction is manifested in their responsive service and their dedication to providing expert guidance throughout the selection and installation process. By continuously investing in research and development, and by staying ahead of design trends, Asian Granito India Ltd remains a dynamic and influential player, shaping the future of the Indian ceramics industry and consistently delivering unparalleled value to its discerning clientele.

Company Details

Symbol:ASIANTILES
Industry:Ceramics
Sector:Ceramics

Key Leadership

Mr. Kamleshkumar Bhagubhai Patel
Chairman & MD
Mr. Mukeshbhai Jivabhai Patel
MD & Non-Independent Executive Director
Mr. Mehul Shah C.A.
Chief Financial Officer

ASIANTILES Share Price: Frequently Asked Questions

What is the current share price of Asian Granito India Ltd?

Asian Granito India Ltd (ASIANTILES) trades at ₹59.20 on NSE and BSE. Market cap ₹1.49K (Cr). Educational data only.

What is the P/E ratio of Asian Granito India Ltd?

Asian Granito India Ltd has a P/E of 46.85x vs industry average 44.75x.

What is the Bull Run score for Asian Granito India Ltd?

Asian Granito India Ltd has a Bull Run score of 19.4/100 based on 25+ financial parameters.

Does Asian Granito India Ltd pay dividends?

Asian Granito India Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Asian Granito India Ltd?

Asian Granito India Ltd has ROE of 2.10%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Asian Granito India Ltd?

Asian Granito India Ltd has debt-to-equity of 0.20.

Is Asian Granito India Ltd a good investment?

Bull Run gives Asian Granito India Ltd a score of 19.4/100. This is not investment advice — consult a SEBI-registered advisor.