Skip to content
Asian Granito logo

Asian Granito India

ASIANTILES NSE
₹44.45 No trade today
P/E
57.73
View as Markdown
MCP
Close 4 Nov 2026 ₹44.45 −22.61 −33.7% 1Y
Start ₹67.06

Key Fundamentals

MicrocapConsumer DurablesConsumer Discretionary

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
2.85%
Debt to Equity
0.29
EPS (TTM)
₹0.77
Book Value
₹51.36
Market Cap
—
P/E (TTM)
57.73
P/B
0.87
ROE
1.27%
Dividend Yield
1.54%
EBITDA
₹120 Cr
52W High
₹79.06
52W Low
₹42.50
Volume
0

Peer Comparison

Consumer Discretionary › Consumer Goods › Ceramics

Asian Granito peer comparison
₹1,159.6033.83₹18,188 Cr6.081.05%17.90%23.40%₹5,056 Cr₹548 Cr
₹134.0825.30₹2,781 Cr2.580.00%8.05%9.46%₹1,565 Cr₹100 Cr
₹570.4522.00₹2,297 Cr2.781.08%10.40%12.80%₹2,935 Cr₹100 Cr
₹79.76—₹1,877 Cr4.560.00%10.80%7.16%₹508 Cr−₹29 Cr
Asian Granito (this company)
₹44.4557.73₹1,051 Cr0.871.54%1.27%2.85%₹1,938 Cr₹11 Cr
₹387.9028.17₹543 Cr1.740.28%3.80%5.58%₹744 Cr₹20 Cr
₹6.3170.11₹282 Cr0.990.00%1.01%4.31%₹325 Cr₹4 Cr
Median 7 companies₹134.0831.00₹1,877 Cr2.580.28%8.05%7.16%₹1,565 Cr₹20 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

46 Average

Data confidence 100/100

Category scores

Quality
51
Average
Returns, margins, earnings quality 22% weight
Valuation
43
Weak
Cheap vs sector & own history 24% weight
Growth
58
Good
Sales & profit trajectory 9% weight
Financial Health
37
Poor
Solvency, leverage, coverage 9% weight
Momentum
12
Poor
Trend strength, vol-adjusted 12% weight
Ownership
53
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

1
  • Stock is trading at 1.04 times its book value

Weaknesses

5
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 7.53% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 0.40% over last 3 years.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1243
OscillatorsBullish243
Moving AveragesStrong Bearish1000

Key readings

RSI (14)
38.66
Neutral
MACD (12,26,9)
−1.17
Bearish
SMA (50)
48.79
Bearish
SMA (200)
58.53
Bearish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y+6.45%
5Y+7.54%
3Y+5.93%
1Y+8.59%
TTM+17.26%

Net profit

Net profit growth by window
10Y−3.09%
5Y−20.00%
3YTurned to profit
1Y+90.00%
TTM+272.73%

Operating cash flow

Operating cash flow growth by window
10Y+16.17%
5Y+15.36%
3YTurned positive
1Y+56.67%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y−4.09 pp
5Y−5.47 pp
3Y+9.73 pp
1Y−0.08 pp
TTM+0.72 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹1,061 Cr
Mar 2018₹1,156 Cr
Mar 2019₹1,187 Cr
Mar 2020₹1,225 Cr
Mar 2021₹1,292 Cr
Mar 2022₹1,564 Cr
Mar 2023₹1,563 Cr
Mar 2024₹1,530 Cr
Mar 2025₹1,711 Cr
Mar 2026₹1,858 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹49.00 Cr
Mar 2018₹57.00 Cr
Mar 2019₹23.00 Cr
Mar 2020₹46.00 Cr
Mar 2021₹58.00 Cr
Mar 2022₹92.00 Cr
Mar 2023−₹87.00 Cr
Mar 2024−₹20.00 Cr
Mar 2025₹10.00 Cr
Mar 2026₹19.00 Cr

Quarterly Results

₹ Cr
ASIANTILES quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales
335
401
371
424
360
384
366
515
388
407
462
539
531
529
Expenses
325
381
370
404
344
369
353
500
363
370
417
559
498
501
Operating Profit
9.64
19.95
1.5
19.89
15.73
14.6
13.16
15.26
24.9
36.64
44.91
−20.88
32.87
27.75
OPM %
2.88%
4.98%
0.4%
4.7%
4.37%
3.81%
3.59%
2.96%
6.41%
9%
9.73%
−3.88%
6.19%
5.25%
Other Income
5.51
1.2
1.28
4.43
0.89
1.03
0.76
8.58
4.8
3.34
3.48
3.95
1.45
2.51
Interest
7.81
7.13
5.18
11.22
7.02
6.22
7.06
11.41
7.18
7.08
8.5
9.25
8.54
7.95
Depreciation
9.71
12.26
12.1
12.93
14.08
12.69
14.33
16.73
13.63
13.23
15.51
16.35
15.97
16.11
PBT
−2.37
1.76
−14.5
0.17
−4.48
−3.28
−7.47
−4.3
8.89
19.67
24.38
−42.53
9.81
6.2
Tax %
49.79%
259.09%
−44.21%
3282.35%
−63.39%
−243.9%
−45.52%
13.49%
18.56%
15%
22.23%
−23.21%
17.74%
15.81%
Net Profit
−3.55
−2.8
−8.1
−5.47
−1.67
4.69
−4.09
−4.87
7.24
16.71
18.96
−32.67
8.07
5.22
EPS (₹)
−0.19
−0.1
−0.49
−0.19
−0.15
0.51
−0.31
−0.26
0.51
0.7
0.88
−1.08
0.27
—

Sep 2026: from the results filed on 3 Nov 2026, ahead of the full statement, so some rows are blank.

Profit & Loss

₹ Cr
ASIANTILES profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
846
994
1,061
1,156
1,187
1,225
1,292
1,564
1,563
1,530
1,711
1,858
1,938
Expenses
786
903
934
1,017
1,099
1,107
1,156
1,444
1,635
1,480
1,623
1,764
1,844
Operating Profit
60
91
127
139
88
118
136
120
−73
50
88
94
94
OPM %
7%
9%
12%
12%
7%
10%
11%
8%
−4.6%
3.3%
5%
5%
4.8%
Other Income
1
1
5
8
9
10
5
50
21
13
16
26
12
Interest
23
29
41
39
37
40
35
26
27
31
37
35
33
Depreciation
19
28
24
25
27
31
29
30
34
47
66
64
61
PBT
19
35
67
83
33
57
77
114
−112
−15
0
22
11
Tax %
30%
32%
28%
31%
30%
19%
25%
19%
−23%
33%
−2255%
14%
—
Net Profit
15
26
49
57
23
46
58
92
−87
−20
10
19
11
EPS (₹)
1.77
2.91
4.05
4.74
1.88
3.79
4.52
7.26
−5.74
−0.97
0.71
0.7
0.77
Div. Payout %
0%
0%
9%
7%
9%
5%
3%
4%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
ASIANTILES balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
23
23
30
30
30
30
34
57
127
127
296
296
Reserves
267
341
369
405
421
487
592
861
1,129
1,141
1,206
1,226
Borrowings
175
335
327
340
361
332
295
199
227
248
373
439
Other Liabilities
186
251
334
416
469
410
447
412
439
391
540
510
Total Liabilities
651
950
1,060
1,191
1,281
1,259
1,367
1,529
1,922
1,907
2,415
2,472
Fixed Assets
188
392
413
426
472
463
457
476
577
783
994
1,009
CWIP
15
6
1
11
0
9
24
52
177
0
47
49
Investments
11
13
17
23
28
30
46
66
13
23
3
5
Other Assets
438
539
629
731
782
757
839
935
1,155
1,101
1,370
1,408
Total Assets
651
950
1,060
1,191
1,281
1,259
1,367
1,529
1,922
1,907
2,415
2,472

Cash Flow

₹ Cr
ASIANTILES cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
104
21
63
94
88
56
46
−7
−49
−82
60
94
Investing
−33
−221
−40
−48
−62
−41
−26
−23
−423
71
−115
−102
Financing
−76
203
−22
−42
−16
−40
10
98
408
8
46
28
Net Cash Flow
−4
3
1
5
9
−24
30
67
−64
−4
−9
21
Free Cash Flow
67
−202
24
46
25
2
7
−80
−304
−157
−66
−9
CFO/EBITDA
182
29
57
80
112
60
44
6
53
−156
75
107

Ratios

ASIANTILES financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
71
72
103
127
123
112
119
109
97
97
117
109
Inventory Days
130
145
179
164
174
149
142
123
88
103
134
116
Days Payable
93
92
150
177
192
159
134
105
106
106
160
131
Cash Conversion Cycle
108
125
132
114
105
102
126
127
80
93
91
94
Working Capital Days
25
29
35
36
20
39
76
100
83
128
95
92
ROCE %
9%
11%
14%
16%
9%
11%
12%
10%
−6%
1%
2%
3%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Asian Granito insights

66 extracted metrics across FY00–FY27.

Shareholding Pattern

As of Sep 2026

  • Public 40.75%
  • Promoters 36.90%
  • Others 20.62%
  • FIIs 1.59%
  • DIIs 0.14%

No promoter shares pledged as of Sep 2026

Change vs previous quarter

Not shown for some quarters: Others. Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

Documents

  • Q3 FY26 concall · Feb 2026
    Transcript PPT
  • Q2 FY26 concall · Nov 2025
    PPT
  • Q1 FY26 concall · Aug 2025
    PPT
  • Q4 FY25 concall · May 2025
    PPT
  • Q3 FY25 concall · Feb 2025
    PPT

Frequently Asked Questions about Asian Granito India

What does Asian Granito India Ltd do?
Incorporated in 1995, Asian Granito manufactures and trades Tiles, Marble and allied products
Where is Asian Granito India Ltd (ASIANTILES) listed?
Asian Granito India Ltd trades as ASIANTILES on the NSE and under code 532888 on the BSE.
Which sector does Asian Granito India Ltd belong to?
Asian Granito India Ltd is classified under the Consumer Goods sector, in the Ceramics industry.
What is the PE ratio of Asian Granito India Ltd?
Asian Granito India Ltd trades at a PE ratio of 57.73 as of 4 Nov 2026, on earnings per share of ₹0.77, against a book value of ₹51.36 per share.
What is the 52-week high and low of Asian Granito India Ltd?
Over the last 52 weeks Asian Granito India Ltd has traded between ₹42.5 and ₹79.06 as of 4 Nov 2026.
Does Asian Granito India Ltd pay dividends?
Asian Granito India Ltd has a dividend yield of 1.54%.
What is the Return on Equity (ROE) of Asian Granito India Ltd?
Asian Granito India Ltd reported a return on equity of 1.27%. Its debt-to-equity ratio is 0.29.

Company Information

Incorporated in 1995, Asian Granito manufactures and trades Tiles, Marble and allied products

CEO Mr. Kamleshkumar Bhagubhai Patel
Employees 6,000
Listed 23 Aug 2007
Face Value ₹10

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/ASIANTILES.md for Asian Granito India Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our Indian stock market MCP server.

Explore More