Asian Granito India Ltd's earnings have grown by 16.4%, whereas share price has declined -9.5% CAGR over the past five years, indicating the company’s share price is likely undervalued. However, for specific investment actions please consult your investment advisor.
Asian Granito India Ltd share price has appreciated 15.4% annually (CAGR) over the past ten years.
Past 10 years financial track record analysis by Moneyworks4me indicates that Asian Granito India Ltd is a below average long term investment. However, you need to ensure you buy at a right price to earn good returns.
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
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.
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