Asian Granito India's Q1 FY 2025-26 Quarterly Results

Result Summary

• Asian Granito India Ltd reported a 8.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 14.4%.
• Its expenses for the quarter were down by 10.2% QoQ and up 11.1% YoY.
• The net profit decreased 232.4% QoQ and increased 2093.9% YoY.
• The earnings per share (EPS) of Asian Granito India Ltd stood at 0.3 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Asian Granito India Ltd is a prominent player in the tiles and ceramics industry, known for its wide range of products including ceramic wall and floor tiles, glazed vitrified tiles, digital tiles, and engineered marble and quartz. The company is headquartered in India and has established a significant presence in both domestic and international markets. Over the years, Asian Granito has expanded its production capabilities and product offerings to cater to a diverse customer base. The company has been at the forefront of adopting new technologies and innovative design solutions to enhance its product appeal and maintain its competitive edge in the market. While the specific recent developments are not detailed in the provided data, Asian Granito is known for its strategic initiatives aimed at market expansion and operational efficiency.

Revenue

In the first quarter of fiscal year 2026 (Q1FY26), Asian Granito India Ltd reported a total income of ₹393.04 crores. This represents a decrease of 8.2% compared to the previous quarter (Q4FY25), where the total income was ₹428.06 crores. However, when compared to the same quarter in the previous year (Q1FY25), the total income has increased by 14.4% from ₹343.66 crores. This year-over-year growth indicates a positive trend in revenue generation over the period of one year, despite the quarter-over-quarter decline. The data does not provide specific details on the revenue breakdown by product line or geographic segment.

Profitability

The profitability metrics for Asian Granito India Ltd in Q1FY26 show significant changes. The company achieved a profit before tax of ₹8.89 crores, a substantial increase from ₹0.17 crores in Q4FY25, marking a quarter-over-quarter growth of 5129.4%. Compared to Q1FY25, where the company recorded a loss before tax of ₹2.00 crores, this represents a notable improvement. The profit after tax for Q1FY26 was ₹7.24 crores, recovering from a loss of ₹5.47 crores in the previous quarter and a modest profit of ₹0.33 crores in the same quarter last year. The earnings per share (EPS) stood at ₹0.30 for Q1FY26, compared to -₹0.20 in Q4FY25 and ₹0.10 in Q1FY25, indicating a positive turnaround in shareholder returns. The tax expense for Q1FY26 was significantly reduced to ₹1.65 crores from ₹5.58 crores in the previous quarter, which contributed to the improved net profitability.

Operating Metrics

Total expenses for Asian Granito India Ltd in Q1FY26 amounted to ₹384.15 crores, reflecting a decrease of 10.2% from the previous quarter's expenses of ₹427.89 crores. When compared to Q1FY25, where total expenses were ₹345.67 crores, there is an increase of 11.1%. This suggests efficient cost management on a quarterly basis, while still experiencing an overall increase in expenses year-over-year. The significant reduction in tax expense from ₹5.58 crores in Q4FY25 to ₹1.65 crores in Q1FY26 contributed to the improved profitability metrics. No other specific operating metrics or financial ratios, such as P/E ratio, debt-to-equity ratio, or current ratio, are provided in the data.