Stock Under Rs 60 Jumps Over 7 Per Cent as Company Posts Turnaround in Profit; FIIs Increase Stake
Over a 1-year period, the stock has delivered a negative return of 0.57 per cent, while the 1-month return stands at 27.51 per cent.
Asian Granito India Limited (AGL), one of the largest Luxury Surfaces and Bathware Solutions brands, has reported an improvement in the operational and financial performance during Q4 and FY 24-25 ended 31st March 2025 as compared to the business performance reported in FY 23-24. The Stock has jumped over 7 per cent on Friday following the Q4 result, where the company showed a turnaround in profit.
Consolidated Highlights: FY25 Results
The Company has reported a consolidated net profit of Rs 20.24 crore for the financial year ended 31st March 2025 as compared to the net loss of Rs 20.15 crore for the full year of FY24. Consolidated Net sales of the company reported growth of 1.8 per cent to Rs 1558.52 crore in FY25 as against net sales of Rs 1530.59 crore in FY24. EBITDA for FY25 stood at Rs 75.72 crore (EBITDA Margin 4.90 per cent) as against EBITDA of Rs 50.98 crore (EBITDA Margin 3.60 per cent) in FY24. Exports for the FY25 was reported at Rs 291 crore, rise 19 per cent Y-o-Y as compared to export of Rs 246 crore in FY24.
DSIJ's 'Large Rhino' service recommends blue chip stocks of Large Cap companies that have leadership positions in their category. If this interests you, download the service details here.
Consolidated Highlights: -Q4 FY25 Results
The Company has reported a consolidated net profit of Rs 16.36 crore for the Q4 of FY 2024-25 as compared to the net loss of Rs 5.54 crore in Q4FY24. Consolidated Net sales of the company reported growth of 11.3 per cent to Rs 471.62 crore in Q4FY25 as against net sales of Rs 423.63 crore in FY24. EBITDA for Q4FY25 stood at Rs 29.19 crore (EBITDA Margin 6.19 per cent) as against EBITDA of Rs 19.89 crore (EBITDA Margin 4.70 per cent) in Q4FY24.
Standalone Highlights: - FY25 Results
The Company has reported a standalone net profit of Rs 27.14 crore for the financial year ended 31st March 2025 as compared to the net profit of Rs 29.10 crore for FY24. Standalone Net sales of the company in FY25 was reported at Rs 1279.58 crore. EBITDA for FY25 stood at Rs 29.94 crore (EBITDA Margin 2.34 per cent) as against EBITDA of Rs 29.61 crore (EBITDA Margin 2.27 per cent) in FY24.
Standalone Highlights: - Q4 FY25 Results
The Company has reported a standalone net profit of Rs 18.87 crore for Q4 FY25 as compared to the net profit of Rs 8.85 crore for Q4 FY24. Standalone net sales for Q4 FY25 was reported at Rs 383.86 crore. EBITDA for Q4 FY25 stood at Rs 13.47 crore (EBITDA Margin 3.51 per cent) as against that of Rs 8.18 crore (EBITDA Margin 2.33 per cent) in Q4 FY24
Founded in 1995, AGL is the fourth-largest listed ceramic tile manufacturer in India. It produces a wide range of tiles, marble, quartz, sanitaryware, and bathware. The company operates 11 plants in Gujarat with a production capacity of 54.5 million square meters per annum. In FY24, the company manufactured around 29.94 million square meters of tiles. The core of its revenue—about 87 per cent—comes from tile sales, with the rest from marble and quartz surfaces.
In the March quarter, FIIs have increased their stake to 1.93 per cent from 1.59 per cent. FIIs bought 4,96,090 shares in the last quarter.
The current stock price of Asian Granito India Ltd, as of May 30, 2025, stands at Rs 57.6. The 52-week high is Rs 94.3, while the 52-week low is Rs 41.47, indicating significant volatility. With a market capitalisation of Rs 847 crore, the stock falls under the Small-Cap category. Over a 1-year period, the stock has delivered a negative return of 0.57 per cent, while the 1-month return stands at 27.51 per cent. Prominent public shareholders include Girish Kalidasbhai Patel (1.83 per cent), Bhupendra R Patel (1.54 per cent), Maithan Alloys Limited (1.29 per cent), and Jayantibhai Madhabhai Patel (1.03 per cent).
Disclaimer: The article is for informational purposes only and not investment advice.