Asian Granito India Limited

BSE: 532888 NSE: ASIANTILES
Asian Granito India Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L17110GJ1995PLC027025 Incorporated 08 August 1995 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - NSE: ASIANTILES · BSE: 532888 Public Limited Company manufacturing
Market Cap
₹1,333 Cr
ASIANTILES · NSE
Share Price
₹44.74
-0.51% today
Revenue
₹1,863 Cr
FY 2025-26 · +8.5% YoY
EBITDA
₹95.53 Cr
Margin 5.1%
Net Profit
₹19.24 Cr
FY 2025-26 · +111.4% YoY
ROE
1.2%
ROCE 3.0%
Debt / Equity
0.27
Interest cover 110.0x
Authorised capital
₹320 Cr
Registered with MCA

About Asian Granito India Limited

Data last updated:

Asian Granito India Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 08 August 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L17110GJ1995PLC027025. Its GSTIN is 24AAFCA2340H1Z6 (Gujarat). The company holds 24 GST registrations, of which 14 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532888 and NSE: ASIANTILES.

The company has an authorised share capital of ₹320 Cr and a paid-up capital of ₹296.48 Cr. It is led by directors including Kamleshkumar Bhagubhai Patel (Managing Director) and Mukeshbhai Jivabhai Patel (Managing Director).

Its last annual general meeting (AGM) was held on 09 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,862.93 Cr, a growth of 8.5% compared to the previous year. For the same year it recorded a net profit of ₹19.24 Cr (net margin 1%) and EBITDA of ₹95.53 Cr (EBITDA margin 5.1%). The net worth stands at ₹1,522.59 Cr (up 1.4% YoY). Total assets are valued at ₹1,984.66 Cr (up 4.6% YoY).

The company has about 842 employees on its provident fund (EPFO) records. Its group structure includes 12 subsidiaries.

The company is associated with 1 brand: Asian Granito India. As per MCA filings, the company has open charges of ₹211.13 Cr and satisfied charges of ₹987.92 Cr on record. Court records list 1,378 cases involving the company, including 1,310 filed by the company and 68 filed against it; 379 cases are pending. The company has 163 deals on record (156 market trades, 3 funding rounds, 2 rights issues), with disclosed funding of ₹181.7 Cr; the latest was in September 2026. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 717 overdue payments to 76 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aglasiangranito.com.

Company details

CIN L17110GJ1995PLC027025
Registration Number 027025
Incorporation Date 08 August 1995
ROC Ahmedabad
Listing Status Listed - Listed on NSE (ASIANTILES); Listed on BSE (532888)
Company Status Active
Compliance Status Active Compliant

CIN history

Asian Granito India has one previous CIN (Corporate Identification Number): U17110GJ1995PLC027025. The current CIN is L17110GJ1995PLC027025, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L17110GJ1995PLC027025Current
U17110GJ1995PLC027025Previous
Key People
Kamleshkumar Bhagubhai Patel Managing Director Mukeshbhai Jivabhai Patel Managing Director Sureshbhai Jivabhai Patel Director

Contact details

Asian Granito India Limited's registered office is in Ahmedabad, Gujarat. Its website is aglasiangranito.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    aglasiangranito.com
  • Social Media
  • Apps
  • Registered Address
    202 Dev Arc, Opp. Iskon Temple S.G. Highway, Ahmedabad, Gujarat, India – 380015
  • Industry
    Manufacturing, Sanitaryware & Tile, Ceramics

To see the full contact details of Asian Granito India Limited, buy the company report.

Comprehensive company report
Asian Granito India Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Asian Granito India operates one associated brand: Asian Granito India. Each brand links to its own profile.

BrandDescriptionWebsite
Asian Granito India
Flooring tiles are manufactured and supplied by Asian Granito India.aglasiangranito.com

Business activity

The main business activity of Asian Granito India is manufacturing. In detail, this covers manufacture of other non-metallic mineral products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing23Manufacture of other non-metallic mineral products

To see the full business activity and turnover split of Asian Granito India Limited, buy the company report.

Financials of Asian Granito India Limited

FY 2025-26 filings available

Asian Granito India Limited reported revenue of ₹1,862.93 Cr (up 8.5% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹1,863 Cr
+8.5% YoY
EBITDA
₹95.53 Cr
+9.6% YoY
Profit After Tax
₹19.24 Cr
+111.4% YoY
Net Worth
₹1,523 Cr
+1.4% YoY
Total Assets
₹1,985 Cr
+4.6% YoY
Total Debt
₹439 Cr
+17.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,8631,7171,5331,5721,5671,2971,225
Revenue growth+8.5%+12.0%-2.5%+0.3%+20.9%+5.9%-
EBITDA95.5387.1647.76(72.73)120136118
EBITDA margin+5.1%+5.1%+3.1%-4.6%+7.6%+10.5%+9.6%
Profit before tax21.680.43(14.99)(112)11477.1257.17
Net profit19.249.10(11.21)(72.62)60.0557.3042.05
Net profit margin+1.0%+0.5%-0.7%-4.6%+3.8%+4.4%+3.4%
EPS (₹)0.700.35(0.97)(5.74)16.2016.7414.02
Balance sheet
Total assets1,9851,8971,5301,5061,156982882
Net worth1,5231,5021,2671,256918626517
Total debt439373248227199295332
Cash & bank82.3267.8757.0221040.1618.5113.17
Net working capital805756711704569466387
Cash flow
Cash from operations93.9860.14(82.42)(49.34)(7.47)45.9056.49
Cash from investing(102)(115)70.73(423)(23.29)(25.65)(40.63)
Cash from financing28.1845.928.0740897.729.95(39.72)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue528531538462445388515366
Revenue growth (YoY)+18.8%+36.8%+4.6%+26.1%+15.9%+7.8%--
Other income2.511.453.953.484.014.808.580.76
EBITDA27.7432.88(20.87)44.9147.5824.9015.2713.15
EBITDA margin+5.2%+6.2%-3.9%+9.7%+10.7%+6.4%+3.0%+3.6%
Depreciation16.1115.9716.3515.5115.8813.6316.7314.33
Interest7.958.549.258.508.747.1811.417.06
Profit before tax6.199.82(42.52)24.3826.978.89(4.29)(7.48)
Tax0.991.74(9.87)5.425.801.650.58(3.40)
Net profit5.208.08(32.65)18.9621.177.24(4.87)(4.08)
EPS (₹)0.200.27(1.08)0.690.700.32(0.17)0.02
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,1001,1291,3081,3541,3491,0361,013
Revenue growth-2.5%-13.7%-3.4%+0.3%+30.2%+2.3%-
EBITDA19.050.8426.51(42.84)82.4397.6268.34
EBITDA margin+1.7%+0.1%+2.0%-3.2%+6.1%+9.4%+6.7%
Profit before tax4.054.2040.52(35.50)10865.8537.07
Net profit1.5011.3630.35(26.14)55.5049.3729.60
Net profit margin+0.1%+1.0%+2.3%-1.9%+4.1%+4.8%+2.9%
EPS (₹)0.110.402.33(2.08)15.4914.459.83
Balance sheet
Total assets1,6761,6461,3431,302853644608
Net worth1,5081,5041,2751,221837529428
Total debt16714167.3679.2314.17112176
Cash & bank20.4027.2838.6119021.8711.805.79
Net working capital830540553647460356325
Cash flow
Cash from operations(2.39)(19.23)(28.02)(54.41)(25.62)56.40(22.60)
Cash from investing(9.28)(131)38.16(450)(42.94)(9.74)(0.38)
Cash from financing7.76128(3.45)462111(28.16)(0.24)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue261278295268272260340295
Revenue growth (YoY)-4.2%+7.0%-13.3%-9.2%-15.6%+7.4%--
Other income0.410.61(14.16)5.245.525.965.786.12
Total expenses254269294261262252334291
EBITDA7.249.050.747.9110.497.925.174.03
EBITDA margin+2.8%+3.3%+0.3%+2.9%+3.9%+3.1%+1.5%+1.4%
Depreciation2.832.883.373.172.103.723.624.94
Interest3.283.414.093.183.122.812.792.55
Profit before tax1.543.37(20.88)6.8010.797.354.542.66
Tax0.331.12(6.62)2.353.002.10(5.51)0.94

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 12 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue528531538462445388515366
Revenue growth (YoY)+18.8%+36.8%+4.6%+26.1%+15.9%+7.8%--
Other income2.511.453.953.484.014.808.580.76
EBITDA27.7432.88(20.87)44.9147.5824.9015.2713.15
EBITDA margin+5.2%+6.2%-3.9%+9.7%+10.7%+6.4%+3.0%+3.6%
Depreciation16.1115.9716.3515.5115.8813.6316.7314.33
Interest7.958.549.258.508.747.1811.417.06
Profit before tax6.199.82(42.52)24.3826.978.89(4.29)(7.48)
Tax0.991.74(9.87)5.425.801.650.58(3.40)
Net profit5.208.08(32.65)18.9621.177.24(4.87)(4.08)
EPS (₹)0.200.27(1.08)0.690.700.32(0.17)0.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,8631,7171,5331,5721,5671,2971,225
Revenue growth+8.5%+12.0%-2.5%+0.3%+20.9%+5.9%-
Other income24.8517.1715.5921.3949.765.4610.27
Total expenses1,7671,6301,4851,6451,4471,1611,107
Employee cost16716713012011291.28108
EBITDA95.5387.1647.76(72.73)120136118
EBITDA margin+5.1%+5.1%+3.1%-4.6%+7.6%+10.5%+9.6%
Depreciation63.7766.4646.9934.1430.0729.3530.78
Interest34.9337.4431.3526.9525.5734.9440.01
Profit before tax21.680.43(14.99)(112)11477.1257.17
Tax2.95(9.47)4.92(25.53)21.7719.5311.13
Net profit19.249.10(11.21)(72.62)60.0557.3042.05
Net profit margin+1.0%+0.5%-0.7%-4.6%+3.8%+4.4%+3.4%
EPS (₹)0.700.35(0.97)(5.74)16.2016.7414.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital29629612712756.7534.0530.09
Reserves & surplus1,2261,2061,1161,129861589466
Shareholders' funds (net worth)1,5231,5021,2671,256918626517
Minority interest20.3520.1012.6321.3034.4929.8329.20
Secured loans398352190207177242278
Unsecured loans41.5820.6957.9219.8122.1652.9553.71
Total debt439373248227199295332
Total liabilities1,9851,8971,5301,5061,156982882
Assets
Gross block1,4601,427998753623586569
Net block1,009994783577476457463
Capital work in progress49.4047.060.3517752.0124.439.37
Investments4.953.3723.0113.2465.9146.2829.80
Inventories342337267255329319292
Sundry debtors555548405417469420374
Cash & bank balances82.3267.8757.0221040.1618.5113.17
Loans & advances31131835023272.2064.9760.13
Total current assets1,2911,2701,0791,115910823739
Total current liabilities486514368411341357352
Net working capital805756711704569466387
Total assets1,9851,8971,5301,5061,156982882
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash25.1733.8236.8010134.123.9127.77
Net cash from operating activities93.9860.14(82.42)(49.34)(7.47)45.9056.49
Net cash from investing activities(102)(115)70.73(423)(23.29)(25.65)(40.63)
Net cash from financing activities28.1845.928.0740897.729.95(39.72)
Net change in cash20.54(8.66)(3.61)(64.28)66.9630.21(23.86)
Closing cash82.3267.8757.0221040.1618.5113.17
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+8.5%+12.0%-2.5%+0.3%+20.9%+5.9%-
EBITDA growth+9.6%+82.5%+165.7%-160.7%-11.9%+15.5%-
PBT growth+4941.9%+9998.0%+86.7%-+47.7%+34.9%+73.8%
Net income growth+111.4%+181.2%+84.6%-220.9%+4.8%+36.3%-
Revenue CAGR (3Y)+5.8%+3.1%+5.7%+8.7%+9.7%+3.9%+4.9%
EBITDA CAGR (3Y)--10.1%-29.4%-+11.4%-0.7%-2.5%
Profitability & leverage
Net income margin+1.0%+0.6%-1.3%-5.5%+5.9%+4.4%+3.8%
Return on capital employed+3.0%+2.3%+1.2%-6.6%+9.6%+12.4%+11.7%
Return on net worth+1.2%+0.6%-1.5%-8.0%+7.8%+10.1%+9.5%
Debt / equity0.270.220.190.200.320.550.72
Long-term debt / equity0.100.090.090.090.140.180.19
Interest cover109.98180.874,071.43-25.2228.5132.7846.04
Efficiency & per share
Fixed asset turnover1.291.421.752.282.592.252.19
Inventory turnover5.495.695.875.394.844.244.10
Debtors turnover3.383.603.733.553.523.263.16
EPS (₹)0.700.35(0.97)(5.74)16.2016.7414.02
Dividend per share (₹)0.000.000.000.000.700.500.70
Book value per share (₹)51.3650.6798.0699.10161.79182.85164.92
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue261278295268272260340295
Revenue growth (YoY)-4.2%+7.0%-13.3%-9.2%-15.6%+7.4%--
Other income0.410.61(14.16)5.245.525.965.786.12
Total expenses254269294261262252334291
EBITDA7.249.050.747.9110.497.925.174.03
EBITDA margin+2.8%+3.3%+0.3%+2.9%+3.9%+3.1%+1.5%+1.4%
Depreciation2.832.883.373.172.103.723.624.94
Interest3.283.414.093.183.122.812.792.55
Profit before tax1.543.37(20.88)6.8010.797.354.542.66
Tax0.331.12(6.62)2.353.002.10(5.51)0.94
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,1001,1291,3081,3541,3491,0361,013
Revenue growth-2.5%-13.7%-3.4%+0.3%+30.2%+2.3%-
Other income10.5727.0844.8435.3250.063.687.00
Total expenses1,0811,1281,2811,3971,267939945
Employee cost83.4988.2296.8292.6482.7668.0881.52
EBITDA19.050.8426.51(42.84)82.4397.6268.34
EBITDA margin+1.7%+0.1%+2.0%-3.2%+6.1%+9.4%+6.7%
Depreciation12.3615.2420.1019.0417.8618.4618.07
Interest13.218.4810.738.946.9516.9920.20
Profit before tax4.054.2040.52(35.50)10865.8537.07
Tax0.83(7.67)10.92(9.13)19.7516.657.50
Net profit1.5011.3630.35(26.14)55.5049.3729.60
Net profit margin+0.1%+1.0%+2.3%-1.9%+4.1%+4.8%+2.9%
EPS (₹)0.110.402.33(2.08)15.4914.459.83
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital29629612712756.7534.0530.09
Reserves & surplus1,2111,2081,1231,094780492377
Shareholders' funds (net worth)1,5081,5041,2751,221837529428
Secured loans15613054.8168.425.35105165
Unsecured loans11.1110.9312.5510.818.827.7611.27
Total debt16714167.3679.2314.17112176
Total liabilities1,6761,6461,3431,302853644608
Assets
Gross block343344356353330319317
Net block192175239248240236246
Capital work in progress0.0031.240.000.000.750.080.70
Investments48347934476.0110746.6736.65
Inventories55.6358.65130156214221203
Sundry debtors378408377399407351336
Cash & bank balances20.4027.2838.6119021.8711.805.79
Loans & advances68036728519454.8552.6257.62
Total current assets1,134860830939698636602
Total current liabilities304320277292237281277
Net working capital830540553647460356325
Total assets1,6761,6461,3431,302853644608
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash6.4227.8921.2163.7420.812.3125.53
Net cash from operating activities(2.39)(19.23)(28.02)(54.41)(25.62)56.40(22.60)
Net cash from investing activities(9.28)(131)38.16(450)(42.94)(9.74)(0.38)
Net cash from financing activities7.76128(3.45)462111(28.16)(0.24)
Net change in cash(3.91)(21.47)6.68(42.53)42.9218.50(23.22)
Closing cash20.4027.2838.6119021.8711.805.79
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-2.5%-13.7%-3.4%+0.3%+30.2%+2.3%-
EBITDA growth+2167.9%-96.8%+161.9%-152.0%-15.6%+42.8%-
PBT growth-3.6%-89.6%+9998.0%-+63.5%+77.6%+208.4%
Net income growth-86.8%-62.6%+216.1%-147.1%+12.4%+66.8%-
Revenue CAGR (3Y)-6.7%-5.8%+8.1%+10.1%+10.3%+1.0%+2.3%
EBITDA CAGR (3Y)--78.3%-35.2%-+24.5%+5.0%-5.6%
Profitability & leverage
Net income margin+0.3%+1.1%+2.3%-2.0%+6.5%+4.8%+2.9%
Return on capital employed+1.0%+0.8%+3.9%-2.5%+10.0%+13.2%+9.9%
Return on net worth+0.1%+0.8%+2.4%-2.6%+8.1%+10.3%+7.3%
Debt / equity0.100.070.060.050.090.300.42
Long-term debt / equity0.020.010.010.010.010.020.02
Interest cover197.46-58.89167.39-14.4510.7621.4640.18
Efficiency & per share
Fixed asset turnover3.203.223.693.964.163.263.37
Inventory turnover19.2511.959.157.336.204.894.85
Debtors turnover2.802.883.373.363.563.023.04
EPS (₹)0.110.402.33(2.08)15.4914.459.83
Dividend per share (₹)0.000.000.000.000.700.500.70
Book value per share (₹)50.8550.7398.6396.33147.47154.46135.38

To see the full year-wise statements and ratios of Asian Granito India Limited, buy the company report.

Board of directors of Asian Granito India Limited

Asian Granito India has 10 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kamleshkumar Bhagubhai Patel
Also directs: Aaryan Buildspace LLP, Agl Stones LLP, Agl Proteins Private Limited and 5 more
Managing Director30 Sep 200224 Years 1 MonthsCurrent
Sureshbhai Jivabhai Patel
Also directs: Aaryan Buildspace LLP, Agl Proteins Private Limited, Affil Ceramics Limited and 2 more
Director11 May 201115 Years 6 MonthsCurrent
Bhogilal Bhikhabhai Patel
Also directs: Adicon Ceramica Tiles Private Limited
Director11 May 201115 Years 6 MonthsCurrent
Bhaveshkumar Vinodbhai Patel
Also directs: Aaryan Buildspace LLP, Agl Proteins Private Limited, Ivanta Ceramic Limited and 5 more
Director11 May 201115 Years 6 MonthsCurrent
Hemendrakumar Chamanlal Shah
Also directs: Denis Chem Lab Limited, Prism Finance Limited, Deep Ch4 Limited
Director20 Mar 20179 Years 7 MonthsCurrent
Kandarp Gajendra Trivedi
Also directs: Crystal Ceramic Industries Limited
Director26 Jun 20215 Years 4 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Auditor

Asian Granito India Limited is audited by R R S & Associates for the financial year 2025.

Auditor firmFinancial yearFirm registration number
R R S & AssociatesFY 2025118336W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 38.80%, foreign institutional investors hold 1.40%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 59.70%.

Promoters: 38.80%DII (Domestic Institutional): 0.10%FII (Foreign Institutional): 1.40%Retail & Others: 59.70%
Sep 2026
QUARTER
38.80% Promoters
0.10% DII (Domestic Institutional)
1.40% FII (Foreign Institutional)
59.70% Retail & Others
Promoter holding - history
Now 38.80% · Sep 2026High 38.80% · Jun 2026Low 33.50% · Dec 2025
32%34%36%38%40%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 33.50%Mar 2026: 33.70%Jun 2026: 38.80%Sep 2026: 38.80%38.80%33.50%38.80%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters38.80%38.80%33.70%33.50%
Public61.20%61.20%66.30%66.50%

Charges & borrowings

Open charges
₹211.13 Cr
Satisfied charges
₹987.92 Cr
Breakdown by lending institutions
Others₹83.00 Cr
Hdfc Bank Limited₹73.13 Cr
Idbi Bank Limited₹55.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Jul 2026101355919Hdfc Bank Limited₹7.5 LakhOpen
18 Apr 2026101275470Hdfc Bank Limited₹7.82 LakhOpen
07 Nov 2025101180668Hdfc Bank Limited₹11 LakhOpen
05 May 2025101090164Hdfc Bank Limited₹15 LakhOpen
30 Dec 2024101026367Hdfc Bank Limited₹30.78 CrOpen

To see the full charge records of Asian Granito India Limited, buy the company report.

Total charge records: 105 View all charges

Deals & funding

Asian Granito India Limited has 163 deals on record (156 market trades, 3 funding rounds, 2 rights issues), with disclosed funding of ₹181.7 Cr; the latest was in September 2026.

Total deals
163
Market trades
156
Funding rounds
3
Rights issues
2
IPO
1
Disclosed funding
₹181.7 Cr

Deals on record (5 of 163)

WhenDealAmountParties
Aug 2026Market trade₹11.35 CrBuyer: Arthkumbh Ventures LLP
Jul 2026Market trade₹44.18 CrBuyer: Gaurav R Gandhi Huf, Hrti Private Limited , Junomoneta Finsol Private Limited
Seller: Hrti Private Limited , Junomoneta Finsol Private Limited , Gaurav R Gandhi Huf
Jul 2026Market trade₹193.12 CrBuyer: Gaurav R Gandhi Huf, Microcurves Trading Private Limited , Qe Securities LLP
Seller: Gaurav R Gandhi Huf, Microcurves Trading Private Limited , Qe Securities LLP
Jul 2026Market trade₹178.71 CrBuyer: Microcurves Trading Private Limited , Gaurav R Gandhi Huf, Qe Securities LLP
Seller: Gaurav R Gandhi Huf, Microcurves Trading Private Limited , Qe Securities LLP
Jul 2026Market trade₹77.12 CrBuyer: Microcurves Trading Private Limited , Junomoneta Finsol Private Limited , NK Securities Research Private Limited
Seller: Microcurves Trading Private Limited , Junomoneta Finsol Private Limited , NK Securities Research Private Limited

To see the full deal history of Asian Granito India Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Asian Granito India Limited was last rated by Icra on 23 Mar 2021.

Rating agencyRated onRating
Icra23 Mar 2021

To see the full credit ratings and regulatory alerts of Asian Granito India Limited, buy the company report.

MSME payment delays

Asian Granito India Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 717 overdue payments to 76 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 76)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Meta Bathware LLP
an individual supplier
Omega Liners (India) Private Limited

To see the full MSME payment records of Asian Granito India Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Asian Granito India has 12 subsidiary companies. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.

12
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Affil Ceramics LimitedU23912GJ2023PLC139497
Crystal Vitrified LimitedU23912GJ2023PLC139499
Ivanta Ceramic LimitedU23912GJ2023PLC139500
Adicon Ceramics LimitedU23912GJ2023PLC139539
D'more Bathware Private LimitedU23922GJ2024PTC155681
Agl Industries LimitedU26933GJ2003PLC042959

To see the full group structure of Asian Granito India Limited, buy the company report.

Employees & EPFO

Asian Granito India Limited has a workforce of 842 employees on its EPFO records as of May 2026, across 3 active EPFO establishments.

Employee count
842
Active EPFO establishments
3
Employee growth
-30.9%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27842
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Asian Granito India Limited, buy the company report.

GST

Asian Granito India has 24 GST registrations: 14 active and 10 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
24
Active
14
Cancelled / inactive
10
GSTINStateStatusRegistered on
24AAFCA2340H1Z6GujaratActive01 Jul 2017
19AAFCA2340H1ZXWest BengalActive01 Jul 2017
23AAFCA2340H1Z8Madhya PradeshActive01 Jul 2017
27AAFCA2340H1Z0MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Asian Granito India Limited, buy the company report.

Recent activity

Asian Granito India Limited has 50 board changes on record since 2002: 30 appointments and 20 cessations. The latest: Mehul Chaitanyabhai Shah ceased to be CFO on 28 Jan 2026.

AGM
Asian Granito India Limited last Annual general meeting of members was held on 09 Sep 2026 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 101355919 was registered on 31 Jul 2026.
Charges
A charge registered on 10 Jun 2021 via Charge ID 100465194 with Hdfc Bank Limited was fully satisfied on 07 Jun 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 101275470 was registered on 18 Apr 2026.
Filing
Asian Granito India Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge registered on 04 Aug 2022 via Charge ID 100634082 with Hdfc Bank Limited was fully satisfied on 05 Feb 2026.
Ceased
Mehul Chaitanyabhai Shah ceased to be CFO.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 101180668 was registered on 07 Nov 2025.
Charges
A charge registered on 16 Aug 2023 via Charge ID 100771726 with Hdfc Bank Limited was fully satisfied on 07 Jun 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 101090164 was registered on 05 May 2025.
Charges
A charge registered on 24 Apr 2023 via Charge ID 100708655 with Hdfc Bank Limited was fully satisfied on 31 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.78 Cr with Charge ID 101026367 was registered on 30 Dec 2024.

237 earlier events are in the company report.

News

ASIANTILES: Q2 REVENUE 5.3B RUPEES VS 4.44B (YOY)
03 Nov 2026 · Exchange Update
ASIANTILES: Q2 CONS NET PROFIT 58M RUPEES VS 207M (YOY)
03 Nov 2026 · Exchange Update
ASIANTILES: Q2 EBITDA 277M RUPEES VS 366M (YOY); Q2 EBITDA MARGIN 5.25% VS 9% (YOY)
03 Nov 2026 · Exchange Update

Frequently asked questions

Asian Granito India is an active public limited company based in Ahmedabad, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 08 August 1995 (31+ years old) and is registered under CIN L17110GJ1995PLC027025. Listed on BSE: 532888 and NSE: ASIANTILES.

Asian Granito India reported revenue of ₹1,862.93 Cr for FY 2025-26 (up 8.5% YoY) based on consolidated financials.

Asian Granito India has 10 current directors:

The latest financial statements of Asian Granito India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 09 September 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Asian Granito India is 24AAFCA2340H1Z6, registered in Gujarat. The company has 24 GST registrations in all, of which 14 are active and 10 are cancelled or inactive. Other active GSTINs include 19AAFCA2340H1ZX (West Bengal), 23AAFCA2340H1Z8 (Madhya Pradesh), 27AAFCA2340H1Z0 (Maharashtra).

The CIN (Corporate Identification Number) of Asian Granito India is L17110GJ1995PLC027025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Asian Granito India is a listed company as per MCA records. Its shares are listed on both BSE (code: 532888) and NSE (symbol: ASIANTILES).

Asian Granito India has 1,378 court cases on record: 1,310 filed by the company and 68 filed against it. 379 are pending. Most are in the district courts.

Asian Granito India was incorporated on 08 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Asian Granito India has 163 deals on record (156 market trades, 3 funding rounds, 2 rights issues), with disclosed funding of ₹181.7 Cr; the latest was in September 2026.

Mehul Chaitanyabhai Shah ceased to be CFO on 28 Jan 2026. Indira Nityanandam ceased to be Director on 31 Mar 2024. Yashree Kaushalkumar Dixit was appointed as Director on 12 Aug 2023. Asian Granito India has 50 board changes on record in total.