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Asian Granito plans to double revenues in coming 3-4 years

02 May 2017 Evaluate

Asian Granito India (AGIL) is planning to double its revenues in coming 3-4 years. The company has set a revenue target of Rs 2,000 crore and aims to be among the top 3 tiles companies in India in its vision for 2020. The company will focus on high value products including glazed vitrified tiles, digital ceramic tiles and marble & quartz going forward in addition to asset light business model for manufacturing to achieve this target.

The company has recently completed expansion of the 3rd line for quartz stone at its Himmatnagar plant and started commercial production this month. Post the expansion, company has doubled its quartz stone capacity to 1,600 square meters per day investing Rs 20 crore. The company has launched quartz in the large format of 10.5 feet X 5.25 feet at the new facility and has received orders worth Rs 25 crore from domestic and exports market.

Asian Granito India is one of the top four Indian ceramic Companies engaged in the business of manufacturing, and trading of Ceramic Wall, Floor, Vitrified Tiles, Marble & Quartz Headquartered in Gujarat.

Asian Granito India Share Price

69.50 6.50 (10.32%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Kajaria Ceramics 1119.35
Somany Ceramics 427.50
Cera Sanitaryware 5152.20
Asian Granito India 69.50
Pokarna 894.95
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