Is Asian Granito India a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Asian Granito India Ltd is a below average quality company .

Is Asian Granito India undervalued or overvalued?

The key valuation ratios of Asian Granito India Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Asian Granito India share price return in the past 10 years?

Asian Granito India Ltd share price has appreciated 5.7% annually (CAGR) over the past ten years.

Is Asian Granito India a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Asian Granito India Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

Asian Granito India Ltd - Stock Valuation and Financial Performance

Name: Asian Granito India
Brand: Asian Granito India

BSE: 532888 | NSE: ASIANTILES | Ceramics/Marble/Granite/Sanitaryware | Small Cap

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Asian Granito India Share Price

₹79.60 1.97 2.54%
as on 26-Jul'24 16:01

10 Year X-Ray of Asian Granito India:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	6.1%	7.7%	9.6%	10.3%	5.5%	7.8%	9%	7.7%	-4.3%	0.6%	-
Value Creation Index ⓘ	-0.6	-0.5	-0.3	-0.3	-0.6	-0.5	-0.4	-0.5	-1.3	-1.0	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	846	994	1,064	1,156	1,187	1,225	1,292	1,564	1,563	1,531	1,531
Sales YoY Gr.	-	17.5%	7%	8.6%	2.7%	3.2%	5.5%	21%	-0.1%	-2.1%	-
Adj EPS ⓘ	3.8	7	8.8	11.1	4.1	8.1	10.5	8.2	-6	-1	-1
YoY Gr.	-	85.7%	26.1%	25.9%	-62.9%	95.2%	30.4%	-22.4%	-173.3%	NA	-
BVPS (₹) ⓘ	80.6	92.3	83.8	91.4	94.7	104.2	115.5	120.9	99.1	98.1	98.1
Adj Net Profit ⓘ	13.5	25	42.1	53	19.7	38.4	56.7	61.9	-75.8	-12.7	-12
Cash Flow from Ops. ⓘ	104	20.7	62.7	94	87.6	56.5	45.9	-7.5	-49.3	-82.4	-
Debt/CF from Ops. ⓘ	1.7	16.2	5.2	3.6	4.1	5.7	6.2	-25.3	-4.4	-2.9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	6.8%	5.2%	5.8%	-2.1%
Adj EPS ⓘ	-186.4%	-175.5%	-145.8%	NA
BVPSⓘ	2.2%	0.7%	-5.3%	-1.1%
Share Price	5.7%	-10.7%	-10.8%	72.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	4.8	7.7	11	12.7	4.4	7.9	9.9	8	-7	-1	-1
Op. Profit Mgn % ⓘ	6.8	9.2	11.8	12.1	7.2	9.1	10.5	7.7	-4.6	2.9	3.3
Net Profit Mgn % ⓘ	1.4	2.5	4.2	4.7	1.5	3.5	4.4	4	-5.8	-1.3	-0.8
Debt to Equity ⓘ	0.6	1	0.8	0.8	0.8	0.7	0.5	0.2	0.2	0.2	0.1
Working Cap Days ⓘ	174	154	178	205	224	222	220	200	213	237	123
Cash Conv. Cycle ⓘ	82	75	89	99	107	98	103	105	103	90	66

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years 5.80%

Sales growth is not so good in last 4 quarters at -1.32%

Latest Financials - Asian Granito India Ltd.

	Standalone	Consolidated
TTM EPS (₹)	2.3	-1
TTM Sales (₹ Cr.)	1,305	1,531
BVPS (₹.) ⓘ	98.6	98.1
Reserves (₹ Cr.) ⓘ	1,123	1,116
P/BV ⓘ	0.81	0.81
PE ⓘ	34.10	0.00

From the Market
52 Week Low / High (₹)	44.21 / 86.04
All Time Low / High (₹)	7.52 / 389.76
Market Cap (₹ Cr.)	1,009
Equity (₹ Cr.)	126.8
Face Value (₹)	10
Industry PE ⓘ	50.6

Management X-Ray of Asian Granito India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Asian Granito India

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Asian Granito India

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	846	994	1,064	1,156	1,187	1,225	1,292	1,564	1,563	1,531
Operating Expenses ⓘ	788	903	939	1,017	1,103	1,113	1,157	1,444	1,635	1,489
Manufacturing Costs	163	166	210	202	243	194	157	242	300	287
Material Costs	528	617	581	613	641	713	823	978	1,054	945
Employee Cost	44	59	69	94	110	108	91	112	120	130
Other Costs ⓘ	53	60	79	107	109	97	85	113	162	129
Operating Profit ⓘ	58	91	125	139	84	112	135	120	-73	41
Operating Profit Margin (%)	6.8%	9.1%	11.7%	12.0%	7.1%	9.1%	10.4%	7.7%	-4.7%	2.7%
Other Income ⓘ	3	1	7	5	9	14	4	49	21	22
Interest ⓘ	23	29	41	39	37	40	35	26	27	31
Depreciation ⓘ	19	28	24	25	27	31	29	30	34	47
Exceptional Items ⓘ	0	-1	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	19	35	67	80	29	57	77	114	-112	-15
Tax ⓘ	6	11	19	26	10	11	20	22	-26	5
Profit After Tax	13	24	48	54	19	46	58	92	-87	-20
PAT Margin (%)	1.6%	2.4%	4.5%	4.7%	1.6%	3.8%	4.5%	5.9%	-5.6%	-1.3%
Adjusted EPS (₹)	4.1	6.8	9.5	11.1	4.4	8.9	10.6	12.1	-5.7	-1.0
Dividend Payout Ratio (%)	0%	0%	9%	7%	9%	5%	3%	4%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	290	356	399	435	451	496	623	918	1,256	1,243
Share Capital ⓘ	23	23	30	30	30	30	34	57	127	127
Reserves ⓘ	267	333	369	405	421	466	589	861	1,129	1,116
Minority Interest	0	19	24	29	36	29	30	34	21	13
Debt	165	317	313	323	334	309	255	168	205	225
Long Term Debt	15	118	104	119	99	81	111	90	81	121
Short Term Debt	151	199	209	205	235	228	145	78	123	104
Trade Payables	137	156	230	297	336	310	302	281	305	275
Others Liabilities ⓘ	59	103	94	106	124	115	158	128	135	151
Total Liabilities ⓘ	651	950	1,060	1,191	1,281	1,259	1,367	1,529	1,922	1,907
Fixed Assets
Gross Block	338	603	445	480	551	568	585	623	753	998
Accumulated Depreciation	149	211	33	55	80	106	128	147	176	215
Net Fixed Assetsⓘ	188	392	413	425	471	462	457	476	576	782
CWIP ⓘ	15	6	1	11	0	9	24	52	177	0
Investmentsⓘ	11	13	17	23	28	30	46	66	13	23
Inventories	191	245	274	276	305	292	319	329	255	267
Trade Receivables	166	197	300	401	400	374	420	469	417	405
Cash Equivalents	15	17	17	21	33	13	19	40	210	57
Others Assetsⓘ	66	80	38	34	43	78	81	97	272	372
Total Assets ⓘ	651	950	1,060	1,191	1,281	1,259	1,367	1,529	1,922	1,907

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	104	21	63	94	88	56	46	-7	-49	-82
PBT ⓘ	19	35	67	83	33	57	77	114	-112	-15
Adjustment ⓘ	41	55	63	59	59	63	61	16	78	67
Changes in Working Capital ⓘ	49	-64	-57	-30	7	-50	-78	-123	-4	-130
Tax Paid ⓘ	-4	-5	-10	-17	-11	-14	-14	-14	-11	-4
Cash Flow From Investing Activity ⓘ	-33	-221	-40	-48	-62	-41	-26	-23	-423	71
Capex	-37	-222	-39	-48	-63	-55	-39	-72	-255	-75
Net Investments	4	0	-3	-2	-3	10	10	46	-182	136
Others ⓘ	1	1	2	3	4	4	3	3	15	9
Cash Flow From Financing Activityⓘ	-76	203	-22	-42	-16	-40	10	98	408	8
Net Proceeds from Shares ⓘ	0	8	0	-13	5	0	0	228	442	-1
Net Proceeds from Borrowing ⓘ	-9	112	9	18	-10	-21	48	-21	-8	40
Interest Paid ⓘ	-23	-29	-41	-39	-37	-39	-34	-25	-26	-30
Dividend Paid ⓘ	0	0	-2	-2	-4	-2	-2	-2	-9	0
Others ⓘ	-45	113	11	-5	30	21	-2	-83	9	0
Net Cash Flow ⓘ	-4	3	1	5	9	-24	30	67	-64	-4

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	4.75	7.69	13.14	13.03	4.23	9.72	10.3	11.95	-7.99	-1.59
ROCE (%)	8.63	11.29	15.38	15.81	8.25	11.78	12.81	13.82	-6.63	1.1
Asset Turnover Ratio	1.39	1.36	1.13	1.04	0.96	0.97	0.99	1.08	0.91	0.8
PAT to CFO Conversion(x)	8	0.88	1.31	1.74	4.63	1.22	0.79	-0.08	N/A	N/A
Working Capital Days
Receivable Days	70	61	80	109	123	115	112	104	103	98
Inventory Days	78	73	83	85	89	89	86	75	68	62
Payable Days	96	87	121	157	180	166	136	109	101	112

Asian Granito India Ltd Stock News

Asian Granito India Ltd FAQs

What is the share price of Asian Granito India?

Company share prices are keep on changing according to the market conditions. The closing price of Asian Granito India on 26-Jul-2024 16:01 is ₹79.60.

What is the market cap of Asian Granito India?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 26-Jul-2024 16:01 the market cap of Asian Granito India stood at ₹1,008.9.

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

The latest P/E ratio of Asian Granito India as of 26-Jul-2024 16:01 is 34.10.

What is the P/B ratio of Asian Granito India?

The latest P/B ratio of Asian Granito India as of 26-Jul-2024 16:01 is 0.81.

What is the 52-week high and low of Asian Granito India?

The 52-week high of Asian Granito India is ₹86.04 and the 52-week low is ₹44.21.

What is the TTM revenue of Asian Granito India?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Asian Granito India is ₹1,305 ( Cr.) .

About Asian Granito India Ltd

Asian Granito India is engaged in manufacturing of flooring solutions. Incorporated in 1995, the company is one of the leading wall tile manufacturers in India. In wall segment, Asian Granito India are the biggest tile manufacture in India. The company has a marketing network of 18 depots at across the India, 10 Asian Exclusive showroom and 3000 business associates.

Company operates two plants located at Sabarkantha, Gujarat, spread over on an area of 2,30,000 Sq. Mtr. The total production capacity of these plant is 32300 Sq. Mtr. Per day of tiles. Companyâ€™s manufacturing facilities has received ISO 9001:2000 certifications for its quality management system by KPMG.

The company exports around 20% of its production to over more than 12 countries that include United States, Africa, Gulf and Middle East countries. The company has clientele namely Godrej, Reliance Industries, Mc Donald, DLF, HPCL, HDIL, Maruti Suzuki are among others.

Products

The company manufactures products such as wall tiles, vitrified tiles, ceramic floor tiles, marble and quartz stone and Aquart

The company has created brands namely stonext, future and bonzer 7

Awards

1st Prize in Surat - Sthaptya 2003
1st Prize in Surat - Mega Show. June - 2004
2nd & 3rd Prize in Coimbatore - Mega Show. July - 2004
1st Prize in Bangalore - Mega Show. October - 2004
1st Prize in Ahmedabad - October - 2004
2nd & 3rd Prize in Kochi - Mega Show. October - 2004
2nd Prize in Delhi - Mega Show. December - 2004
1st Prize in Indore - Mega Show. January - 2005
2nd Prize in Ahmedabad - Mega Show. January - 2005
3rd Prize in Ludhiana - Mega Show. January - 2005
1st Prize in Chandigarh - Mega Show. February - 2005
1st Prize in Pune - Mega Show. February - 2005
3rd Prize in Surat - Mega Show. June - 2005
1st Prize in Coimbatore - Mega Show. July - 2005
1st Prize in Ludhiana - Mega Show. August - 2005
1st Prize in Hyderabad - Mega Show. September, 2005
2nd Prize in Kochi - Mega Show. October, 2005
1st Prize in Chandigarh - Mega Show. February, 2006
2nd Prize in Delhi - Mega Show. December, 2007
2nd Prize in Jaipur - Decor India Exhibition. January, 2010
1st Prize in Ahmedabad - MBA Property Show. February, 2010

Milestones

2000 Foundation stone laid for ASIAN TILES - Idar.
2001 Produced Ceramic floor tiles size: 12â€x12â€ - 2500 Sq. Mtr. per day.
2002 Produced Ceramic floor tiles size: 16â€x16â€ - 2500 Sq. Mtr. per day.
2003 Ceramic floor tiles total production capacity 6000 Sq. Mtr. Per day.
2004 Established ASIAN GRANITO INDIA LTD. Himatnagar - production of Vitrified Tiles -size: 24'x24' & 20â€x20â€ - 4000 Sq. Mtr. Per day.
2005 Expansion of production 6000 Sq. Mtr. Per day with Vitrified Tiles Size: 36â€x36â€.
2006 Expansion of production 6000 Sq. Mtr. Per day with Vitrified Tiles Size: 800x1212mm.
2007 Launched of ASIAN WORLD (Company's Exclusive Showroom) in 14 cities Ahmedabad, Bangalore, Chennai, Coimbatore, Gandhinagar, Himmatnagar, Jaipur, Kochi, Mumbai, New Delhi, Pune, kolkata, Chandigarh & Surat.
2008 Company launched exclusive collection of wall tiles & Introduced India's largest & finest size: 900x300mm with 10000 Sq. Mtr. Production per day.
2009 Company started Production of Exclusive range of Asian Marble Stone (10x4 Feet Slabs)
2010 Start 15000 sq.mtr wall production Per day
2010 Company started Production of Asian Quartz Stone (10x4 Feet Slabs)
2010 Launched Grestek Nxt Digital Ceramic wall Tiles
2010 Launched a new project Asian Natureâ€™s fresh in Agro based Expansion.