Asian Granito India Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 12, 2025, 5:13 pm

Market Cap	666 Cr.
Current Price	45.3
High / Low	98.2/42.3
Stock P/E	376
Book Value	86.7
Dividend Yield	0.00 %
ROCE	1.23 %
ROE	0.91 %
Face Value	10.0
PEG Ratio	-10.48

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Asian Granito India Ltd

Competitors of Asian Granito India Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Exxaro Tiles Ltd	315 Cr.	7.07	12.0/6.96		6.09	0.00 %	4.54 %	0.72 %	1.00
Carysil Ltd	1,436 Cr.	505	1,048/482	23.7	174	0.40 %	17.1 %	17.6 %	2.00
Somany Ceramics Ltd	1,696 Cr.	414	873/410	24.7	180	0.73 %	14.4 %	12.9 %	2.00
Orient Bell Ltd	368 Cr.	252	447/244	73.6	213	0.19 %	0.97 %	0.34 %	10.0
Nitco Ltd	743 Cr.	104	149/50.6		82.2	0.00 %	14.0 %	%	10.0
Industry Average	2,926.33 Cr	758.30		84.81	191.13	0.53%	11.54%	19.41%	6.10

All Competitor Stocks of Asian Granito India Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	436.64	478.45	310.03	397.77	399.17	455.75	334.80	400.93	371.23	423.63	343.19	383.68	360.02
Expenses	399.56	449.32	304.66	398.64	427.74	499.80	325.16	380.98	369.73	403.74	327.13	369.08	344.15
Operating Profit	37.08	29.13	5.37	-0.87	-28.57	-44.05	9.64	19.95	1.50	19.89	16.06	14.60	15.87
OPM %	8.49%	6.09%	1.73%	-0.22%	-7.16%	-9.67%	2.88%	4.98%	0.40%	4.70%	4.68%	3.81%	4.41%
Other Income	1.45	1.65	1.91	4.89	6.91	3.06	5.51	1.20	1.28	4.43	0.47	1.03	0.80
Interest	5.57	5.28	5.59	5.38	5.58	10.40	7.81	7.13	5.18	11.22	5.77	6.22	6.30
Depreciation	7.24	7.89	7.71	8.55	9.24	8.64	9.71	12.26	12.10	12.93	12.76	12.69	12.86
Profit before tax	25.72	17.61	-6.02	-9.91	-36.48	-60.03	-2.37	1.76	-14.50	0.17	-2.00	-3.28	-2.49
Tax %	30.13%	34.30%	-29.24%	-23.61%	-26.26%	-19.74%	49.79%	259.09%	-44.21%	3,282.35%	-117.50%	-243.90%	-64.66%
Net Profit	17.96	11.56	-4.26	-7.57	-26.89	-48.18	-3.54	-2.80	-8.10	-5.47	0.33	4.69	-0.90
EPS in Rs	1.41	0.95	-0.17	-0.26	-1.78	-3.53	-0.19	-0.10	-0.49	-0.19	0.15	0.51	0.02

Last Updated: March 3, 2025, 5:30 pm

Below is a detailed analysis of the quarterly data for Asian Granito India Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹360.02 Cr.. The value appears to be declining and may need further review. It has decreased from 383.68 Cr. (Sep 2024) to ₹360.02 Cr., marking a decrease of 23.66 Cr..
For Expenses, as of Dec 2024, the value is ₹344.15 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 369.08 Cr. (Sep 2024) to ₹344.15 Cr., marking a decrease of 24.93 Cr..
For Operating Profit, as of Dec 2024, the value is ₹15.87 Cr.. The value appears strong and on an upward trend. It has increased from 14.60 Cr. (Sep 2024) to ₹15.87 Cr., marking an increase of ₹1.27 Cr..
For OPM %, as of Dec 2024, the value is 4.41%. The value appears strong and on an upward trend. It has increased from 3.81% (Sep 2024) to 4.41%, marking an increase of 0.60%.
For Other Income, as of Dec 2024, the value is ₹0.80 Cr.. The value appears to be declining and may need further review. It has decreased from 1.03 Cr. (Sep 2024) to ₹0.80 Cr., marking a decrease of 0.23 Cr..
For Interest, as of Dec 2024, the value is ₹6.30 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 6.22 Cr. (Sep 2024) to ₹6.30 Cr., marking an increase of ₹0.08 Cr..
For Depreciation, as of Dec 2024, the value is ₹12.86 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 12.69 Cr. (Sep 2024) to ₹12.86 Cr., marking an increase of ₹0.17 Cr..
For Profit before tax, as of Dec 2024, the value is ₹-2.49 Cr.. The value appears strong and on an upward trend. It has increased from -3.28 Cr. (Sep 2024) to ₹-2.49 Cr., marking an increase of ₹0.79 Cr..
For Tax %, as of Dec 2024, the value is -64.66%. The value appears to be increasing, which may not be favorable. It has increased from -243.90% (Sep 2024) to -64.66%, marking an increase of 179.24%.
For Net Profit, as of Dec 2024, the value is ₹-0.90 Cr.. The value appears to be declining and may need further review. It has decreased from 4.69 Cr. (Sep 2024) to ₹-0.90 Cr., marking a decrease of 5.59 Cr..
For EPS in Rs, as of Dec 2024, the value is 0.02. The value appears to be declining and may need further review. It has decreased from ₹0.51 (Sep 2024) to 0.02, marking a decrease of ₹0.49.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 9:12 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	708	775	846	994	1,061	1,156	1,187	1,225	1,292	1,564	1,563	1,530	1,511
Expenses	639	712	786	903	934	1,017	1,099	1,107	1,156	1,444	1,635	1,480	1,444
Operating Profit	70	63	60	91	127	139	88	118	136	120	-73	50	66
OPM %	10%	8%	7%	9%	12%	12%	7%	10%	11%	8%	-5%	3%	4%
Other Income	2	1	1	1	5	8	9	10	5	50	21	13	7
Interest	25	21	23	29	41	39	37	40	35	26	27	31	30
Depreciation	22	22	19	28	24	25	27	31	29	30	34	47	51
Profit before tax	25	22	19	35	67	83	33	57	77	114	-112	-15	-8
Tax %	33%	39%	30%	32%	28%	31%	30%	19%	25%	19%	-23%	33%
Net Profit	17	12	15	26	49	57	23	46	58	92	-87	-20	-1
EPS in Rs	2.09	1.45	1.77	2.91	4.05	4.74	1.88	3.79	4.52	7.26	-5.74	-0.97	0.49
Dividend Payout %	13%	0%	0%	0%	9%	7%	9%	5%	3%	4%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-29.41%	25.00%	73.33%	88.46%	16.33%	-59.65%	100.00%	26.09%	58.62%	-194.57%	77.01%
Change in YoY Net Profit Growth (%)	0.00%	54.41%	48.33%	15.13%	-72.14%	-75.98%	159.65%	-73.91%	32.53%	-253.19%	271.58%

Asian Granito India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	7%
5 Years:	5%
3 Years:	6%
TTM:	-3%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	103%

Stock Price CAGR
10 Years:	-5%
5 Years:	-20%
3 Years:	-16%
1 Year:	-12%

Return on Equity
10 Years:	4%
5 Years:	2%
3 Years:	-1%
Last Year:	-1%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 3:59 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	22	23	23	23	30	30	30	30	34	57	127	127	127
Reserves	242	253	267	341	369	405	421	487	592	861	1,129	1,141	1,149
Borrowings	252	228	175	335	327	340	361	332	295	199	227	248	220
Other Liabilities	132	182	186	251	334	416	469	410	447	412	439	391	386
Total Liabilities	648	685	651	950	1,060	1,191	1,281	1,259	1,367	1,529	1,922	1,907	1,882
Fixed Assets	174	178	188	392	413	426	472	463	457	476	577	783	767
CWIP	3	7	15	6	1	11	0	9	24	52	177	0	2
Investments	18	13	11	13	17	23	28	30	46	66	13	23	11
Other Assets	454	488	438	539	629	731	782	757	839	935	1,155	1,101	1,102
Total Assets	648	685	651	950	1,060	1,191	1,281	1,259	1,367	1,529	1,922	1,907	1,882

Below is a detailed analysis of the balance sheet data for Asian Granito India Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹127.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹127.00 Cr..
For Reserves, as of Sep 2024, the value is ₹1,149.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,141.00 Cr. (Mar 2024) to ₹1,149.00 Cr., marking an increase of 8.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹220.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹248.00 Cr. (Mar 2024) to ₹220.00 Cr., marking a decrease of 28.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹386.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹391.00 Cr. (Mar 2024) to ₹386.00 Cr., marking a decrease of 5.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹1,882.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹1,907.00 Cr. (Mar 2024) to ₹1,882.00 Cr., marking a decrease of 25.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹767.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹783.00 Cr. (Mar 2024) to ₹767.00 Cr., marking a decrease of 16.00 Cr..
For CWIP, as of Sep 2024, the value is ₹2.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹0.00 Cr. (Mar 2024) to ₹2.00 Cr., marking an increase of 2.00 Cr..
For Investments, as of Sep 2024, the value is ₹11.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹23.00 Cr. (Mar 2024) to ₹11.00 Cr., marking a decrease of 12.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹1,102.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,101.00 Cr. (Mar 2024) to ₹1,102.00 Cr., marking an increase of 1.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹1,882.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹1,907.00 Cr. (Mar 2024) to ₹1,882.00 Cr., marking a decrease of 25.00 Cr..

Notably, the Reserves (₹1,149.00 Cr.) exceed the Borrowings (220.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	19	62	104	21	63	94	88	56	46	-7	-49	-82
Cash from Investing Activity +	-49	-28	-33	-221	-40	-48	-62	-41	-26	-23	-423	71
Cash from Financing Activity +	34	-43	-76	203	-22	-42	-16	-40	10	98	408	8
Net Cash Flow	4	-10	-4	3	1	5	9	-24	30	67	-64	-4

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-182.00	-165.00	-115.00	-244.00	-200.00	-201.00	-273.00	-214.00	-159.00	-79.00	-300.00	-198.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	88	90	71	72	103	127	123	112	119	109	97	97
Inventory Days	193	157	130	145	179	164	174	149	142	123	88	103
Days Payable	93	107	93	92	150	177	192	159	134	105	106	106
Cash Conversion Cycle	188	140	108	125	132	114	105	102	126	127	80	93
Working Capital Days	131	117	90	102	107	101	93	108	126	123	115	156
ROCE %		8%	9%	11%	14%	16%	9%	11%	12%	10%	-6%	1%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	26.12%	26.12%	29.00%	29.02%	29.02%	29.02%	29.02%	29.02%	29.02%	29.02%	29.02%	29.02%
FIIs	0.16%	0.36%	0.56%	0.89%	1.48%	1.21%	1.57%	1.20%	1.07%	0.97%	1.36%	2.71%
DIIs	0.49%	0.50%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.39%
Public	73.23%	73.02%	70.45%	70.09%	69.50%	69.77%	69.42%	69.79%	69.91%	70.01%	69.62%	67.88%
No. of Shareholders	62,834	64,643	75,704	91,986	93,363	91,195	89,936	91,437	88,427	86,559	88,171	82,396

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-0.97	-6.10	20.63	18.57	14.02
Diluted EPS (Rs.)	-0.97	-6.10	20.63	18.57	14.02
Cash EPS (Rs.)	2.14	-4.16	21.44	24.97	24.69
Book Value[Excl.RevalReserv]/Share (Rs.)	100.99	100.78	167.87	192.58	181.66
Book Value[Incl.RevalReserv]/Share (Rs.)	100.99	100.78	167.87	192.58	181.66
Revenue From Operations / Share (Rs.)	120.76	123.30	275.56	379.48	406.99
PBDIT / Share (Rs.)	5.00	-4.05	29.78	40.96	41.69
PBIT / Share (Rs.)	1.29	-6.74	24.48	32.34	31.46
PBT / Share (Rs.)	-1.18	-8.87	19.97	22.08	18.16
Net Profit / Share (Rs.)	-1.57	-6.86	16.14	16.35	14.46
NP After MI And SOA / Share (Rs.)	-0.96	-5.74	16.20	16.74	14.02
PBDIT Margin (%)	4.14	-3.28	10.80	10.79	10.24
PBIT Margin (%)	1.07	-5.47	8.88	8.52	7.73
PBT Margin (%)	-0.97	-7.19	7.24	5.81	4.46
Net Profit Margin (%)	-1.29	-5.56	5.85	4.30	3.55
NP After MI And SOA Margin (%)	-0.80	-4.65	5.87	4.41	3.44
Return on Networth / Equity (%)	-0.96	-5.78	10.01	9.10	8.15
Return on Capital Employeed (%)	1.15	-6.21	12.80	13.21	14.25
Return On Assets (%)	-0.64	-3.78	6.01	4.16	3.35
Long Term Debt / Equity (X)	0.09	0.06	0.09	0.17	0.15
Total Debt / Equity (X)	0.18	0.17	0.20	0.40	0.59
Asset Turnover Ratio (%)	0.79	0.90	1.09	0.94	0.92
Current Ratio (X)	2.27	2.06	2.20	1.58	1.23
Quick Ratio (X)	1.72	1.59	1.46	0.98	0.74
Inventory Turnover Ratio (X)	1.03	0.94	0.67	0.53	0.68
Dividend Payout Ratio (NP) (%)	0.00	-12.20	1.86	3.79	4.27
Dividend Payout Ratio (CP) (%)	0.00	-23.01	1.40	2.50	2.47
Earning Retention Ratio (%)	0.00	112.20	98.14	96.21	95.73
Cash Earning Retention Ratio (%)	0.00	123.01	98.60	97.50	97.53
Interest Coverage Ratio (X)	2.02	-1.90	6.61	3.99	3.14
Interest Coverage Ratio (Post Tax) (X)	0.36	-2.22	4.58	2.59	2.09
Enterprise Value (Cr.)	915.91	468.31	744.79	757.23	819.12
EV / Net Operating Revenue (X)	0.59	0.29	0.47	0.58	0.66
EV / EBITDA (X)	14.45	-9.12	4.41	5.43	6.53
MarketCap / Net Operating Revenue (X)	0.47	0.28	0.35	0.37	0.40
Retention Ratios (%)	0.00	112.20	98.13	96.20	95.72
Price / BV (X)	0.57	0.35	0.61	0.78	0.95
Price / Net Operating Revenue (X)	0.47	0.28	0.35	0.37	0.40
EarningsYield	-0.01	-0.16	0.16	0.11	0.08

After reviewing the key financial ratios for Asian Granito India Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is -0.97. This value is below the healthy minimum of 5. It has increased from -6.10 (Mar 23) to -0.97, marking an increase of 5.13.
For Diluted EPS (Rs.), as of Mar 24, the value is -0.97. This value is below the healthy minimum of 5. It has increased from -6.10 (Mar 23) to -0.97, marking an increase of 5.13.
For Cash EPS (Rs.), as of Mar 24, the value is 2.14. This value is below the healthy minimum of 3. It has increased from -4.16 (Mar 23) to 2.14, marking an increase of 6.30.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 100.99. It has increased from 100.78 (Mar 23) to 100.99, marking an increase of 0.21.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 100.99. It has increased from 100.78 (Mar 23) to 100.99, marking an increase of 0.21.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 120.76. It has decreased from 123.30 (Mar 23) to 120.76, marking a decrease of 2.54.
For PBDIT / Share (Rs.), as of Mar 24, the value is 5.00. This value is within the healthy range. It has increased from -4.05 (Mar 23) to 5.00, marking an increase of 9.05.
For PBIT / Share (Rs.), as of Mar 24, the value is 1.29. This value is within the healthy range. It has increased from -6.74 (Mar 23) to 1.29, marking an increase of 8.03.
For PBT / Share (Rs.), as of Mar 24, the value is -1.18. This value is below the healthy minimum of 0. It has increased from -8.87 (Mar 23) to -1.18, marking an increase of 7.69.
For Net Profit / Share (Rs.), as of Mar 24, the value is -1.57. This value is below the healthy minimum of 2. It has increased from -6.86 (Mar 23) to -1.57, marking an increase of 5.29.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is -0.96. This value is below the healthy minimum of 2. It has increased from -5.74 (Mar 23) to -0.96, marking an increase of 4.78.
For PBDIT Margin (%), as of Mar 24, the value is 4.14. This value is below the healthy minimum of 10. It has increased from -3.28 (Mar 23) to 4.14, marking an increase of 7.42.
For PBIT Margin (%), as of Mar 24, the value is 1.07. This value is below the healthy minimum of 10. It has increased from -5.47 (Mar 23) to 1.07, marking an increase of 6.54.
For PBT Margin (%), as of Mar 24, the value is -0.97. This value is below the healthy minimum of 10. It has increased from -7.19 (Mar 23) to -0.97, marking an increase of 6.22.
For Net Profit Margin (%), as of Mar 24, the value is -1.29. This value is below the healthy minimum of 5. It has increased from -5.56 (Mar 23) to -1.29, marking an increase of 4.27.
For NP After MI And SOA Margin (%), as of Mar 24, the value is -0.80. This value is below the healthy minimum of 8. It has increased from -4.65 (Mar 23) to -0.80, marking an increase of 3.85.
For Return on Networth / Equity (%), as of Mar 24, the value is -0.96. This value is below the healthy minimum of 15. It has increased from -5.78 (Mar 23) to -0.96, marking an increase of 4.82.
For Return on Capital Employeed (%), as of Mar 24, the value is 1.15. This value is below the healthy minimum of 10. It has increased from -6.21 (Mar 23) to 1.15, marking an increase of 7.36.
For Return On Assets (%), as of Mar 24, the value is -0.64. This value is below the healthy minimum of 5. It has increased from -3.78 (Mar 23) to -0.64, marking an increase of 3.14.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.09. This value is below the healthy minimum of 0.2. It has increased from 0.06 (Mar 23) to 0.09, marking an increase of 0.03.
For Total Debt / Equity (X), as of Mar 24, the value is 0.18. This value is within the healthy range. It has increased from 0.17 (Mar 23) to 0.18, marking an increase of 0.01.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.79. It has decreased from 0.90 (Mar 23) to 0.79, marking a decrease of 0.11.
For Current Ratio (X), as of Mar 24, the value is 2.27. This value is within the healthy range. It has increased from 2.06 (Mar 23) to 2.27, marking an increase of 0.21.
For Quick Ratio (X), as of Mar 24, the value is 1.72. This value is within the healthy range. It has increased from 1.59 (Mar 23) to 1.72, marking an increase of 0.13.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 1.03. This value is below the healthy minimum of 4. It has increased from 0.94 (Mar 23) to 1.03, marking an increase of 0.09.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. It has increased from -12.20 (Mar 23) to 0.00, marking an increase of 12.20.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. It has increased from -23.01 (Mar 23) to 0.00, marking an increase of 23.01.
For Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 112.20 (Mar 23) to 0.00, marking a decrease of 112.20.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 123.01 (Mar 23) to 0.00, marking a decrease of 123.01.
For Interest Coverage Ratio (X), as of Mar 24, the value is 2.02. This value is below the healthy minimum of 3. It has increased from -1.90 (Mar 23) to 2.02, marking an increase of 3.92.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 0.36. This value is below the healthy minimum of 3. It has increased from -2.22 (Mar 23) to 0.36, marking an increase of 2.58.
For Enterprise Value (Cr.), as of Mar 24, the value is 915.91. It has increased from 468.31 (Mar 23) to 915.91, marking an increase of 447.60.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.59. This value is below the healthy minimum of 1. It has increased from 0.29 (Mar 23) to 0.59, marking an increase of 0.30.
For EV / EBITDA (X), as of Mar 24, the value is 14.45. This value is within the healthy range. It has increased from -9.12 (Mar 23) to 14.45, marking an increase of 23.57.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.47. This value is below the healthy minimum of 1. It has increased from 0.28 (Mar 23) to 0.47, marking an increase of 0.19.
For Retention Ratios (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 112.20 (Mar 23) to 0.00, marking a decrease of 112.20.
For Price / BV (X), as of Mar 24, the value is 0.57. This value is below the healthy minimum of 1. It has increased from 0.35 (Mar 23) to 0.57, marking an increase of 0.22.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.47. This value is below the healthy minimum of 1. It has increased from 0.28 (Mar 23) to 0.47, marking an increase of 0.19.
For EarningsYield, as of Mar 24, the value is -0.01. This value is below the healthy minimum of 5. It has increased from -0.16 (Mar 23) to -0.01, marking an increase of 0.15.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Asian Granito India Ltd as of March 13, 2025 is: ₹242.07

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 13, 2025, Asian Granito India Ltd is Undervalued by 434.37% compared to the current share price 45.30

Intrinsic Value of Asian Granito India Ltd as of March 13, 2025 is: 155.22

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 13, 2025, Asian Granito India Ltd is Undervalued by 242.65% compared to the current share price 45.30

Last 5 Year EPS CAGR: -35.88%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (589.00 cr) compared to borrowings (272.23 cr), indicating strong financial stability. The company has shown consistent growth in sales (256.31 cr) and profit (30.54 cr) over the years.	The stock has a low average ROCE of 7.92%, which may not be favorable. The stock has a high average Working Capital Days of 114.08, which may not be favorable. The stock has a high average Cash Conversion Cycle of 120.00, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Asian Granito India Ltd:
1. Net Profit Margin: -1.29%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 1.15% (Industry Average ROCE: 11.54%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: -0.96% (Industry Average ROE: 17.47%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 0.36
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.72
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 376 (Industry average Stock P/E: 59.37)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.18
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Asian Granito India Ltd. is a Public Limited Listed company incorporated on 08/08/1995 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L17110GJ1995PLC027025 and registration number is 027025. Currently Company is involved in the business activities of Manufacture of refractory ceramic products. Company's Total Operating Revenue is Rs. 1305.14 Cr. and Equity Capital is Rs. 126.75 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Ceramics/Tiles/Sanitaryware	202, Dev Arc, Opp. Iskon Temple, Ahmedabad Gujarat 380059	info@aglasiangranito.com http://www.aglasiangranito.com

Management
Name	Position Held
Mr. Kamleshbhai Patel	Chairman & Managing Director
Mr. Mukeshbhai J Patel	Managing Director
Mr. Sureshbhai Patel	Executive Director
Mr. Bhaveshbhai Patel	Executive Director
Mr. Bhogibhai Patel	Executive Director
Mr. Hemendrakumar Shah	Independent Director
Mr. Mukesh Shah	Independent Director
Mr. Maganlal Parajapati	Independent Director
Mr. Kandarp Trivedi	Independent Director
Dr. Yashree Dixit	Independent Director

FAQ

What is the latest intrinsic value of Asian Granito India Ltd?

The latest intrinsic value of Asian Granito India Ltd as on 13 March 2025 is ₹242.07, which is 434.37% higher than the current market price of ₹45.30, indicating the stock is undervalued by 434.37%. The intrinsic value of Asian Granito India Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹666 Cr. and recorded a high/low of ₹98.2/42.3 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,149 Cr and total liabilities of ₹1,882 Cr.

What is the Market Cap of Asian Granito India Ltd?

The Market Cap of Asian Granito India Ltd is 666 Cr..

What is the current Stock Price of Asian Granito India Ltd as on 13 March 2025?

The current stock price of Asian Granito India Ltd as on 13 March 2025 is ₹45.3.

What is the High / Low of Asian Granito India Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Asian Granito India Ltd stocks is ₹98.2/42.3.

What is the Stock P/E of Asian Granito India Ltd?

The Stock P/E of Asian Granito India Ltd is 376.

What is the Book Value of Asian Granito India Ltd?

The Book Value of Asian Granito India Ltd is 86.7.

What is the Dividend Yield of Asian Granito India Ltd?

The Dividend Yield of Asian Granito India Ltd is 0.00 %.

What is the ROCE of Asian Granito India Ltd?

The ROCE of Asian Granito India Ltd is 1.23 %.

What is the ROE of Asian Granito India Ltd?

The ROE of Asian Granito India Ltd is 0.91 %.

What is the Face Value of Asian Granito India Ltd?

The Face Value of Asian Granito India Ltd is 10.0.