Asian Granito India Ltd

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Start SIP in Asian Granito India Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
71.54% Gain from 52W Low
29.3
TTM PE Ratio
Negative PE TTM
-78.4
Price to Book Ratio
Low in industry
0.8
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is negative
-0.9
RSI
RSI is mid-range
69
MFI
MFI strongly Overbought
87.3

Asian Granito India Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Asian Granito India Ltd shareholding Pattern

Promoter
29%
Foreign Institutions
1.4%
Public
69.6%
Promoter
29%
Foreign Institutions
1%
Public
70%
Promoter
29%
Foreign Institutions
1.1%
Public
69.9%
Promoter
29%
Foreign Institutions
1.2%
Public
69.8%
Promoter
29%
Foreign Institutions
1.6%
Public
69.4%
Promoter
29%
Foreign Institutions
1.2%
Public
69.8%
Mutual Funds
0.5%
Mutual Funds
0.5%
Mutual Funds
0.9%
Mutual Funds
2%
Mutual Funds
2.2%
Mutual Funds
2.5%

Asian Granito India Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
15
Bearish Moving Averages
1
5Day EMA
75.60
10Day EMA
72.30
12Day EMA
71.20
20Day EMA
68.10
26Day EMA
66.70
50Day EMA
64.50
100Day EMA
64.40
200Day EMA
64.00
5Day SMA
77.00
10Day SMA
71.40
20Day SMA
65.20
30Day SMA
63.60
50Day SMA
62.70
100Day SMA
63.10
150Day SMA
67.10
200Day SMA
68.10
Delivery & Volume
Resistance & Support
76.19
Pivot
Resistance
First Resistance
77.45
Second Resistance
79.07
Third Resistance
80.33
Support
First Support
74.57
Second support
73.31
Third Support
71.69
Relative Strength Index
69.01
Money Flow Index
87.27
MACD
4.45
MACD Signal
2.70
Average True Range
3.75
Average Directional Index
27.29
Rate of Change (21)
22.79
Rate of Change (125)
3.37
Peer comparison
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Asian Granito India Ltd Company background

Founded in: 1995
Managing director: Kamleshbhai Patel
Asian Granito India Ltd (Formerly known Karnavati Fincap Private Limited) was incorporated on August 8, 1995 for carrying on the business of a nonbanking financial company. Subsequently, the Company was converted into a Public Limited Company on August 29, 1995 and the name of Company was changed as Karnavati Fincap Limited. Thereafter, the Company line of business changed from finance to trading in cloth and accordingly renamed as Panchariya Textile Industries Limited on March 18, 1999. Subsequently, on July 28, 2000, the Company name was again renamed as Vasudev Textile Industries Limited.In September 2002, the promoters of Asian Tiles Limited acquired entire shareholding of the Company. Thereafter, the company line of business changed from trading in cloth to Ceramic tiles and accordingly renamed as Asian Granito India Ltd. The company has setting up a new industrial undertaking for manufacturing vitrified tiles at Dalpur village, Sabarkantha district, Gujarat. The Promoters have considerable experience in the manufacture of ceramic floor tiles and under the brand ASIAN TILES.The Company has emerged as one of the leading ceramic companies in India. It has built a distinctive reputation for itself in India as well in the global markets as a manufacturer of a wide variety of finest quality Ceramic Tiles, Engineered Marble and Quartz. The Company presently manufactures tiles under four verticals: Ceramic, Polished Vitrified (PVT) Glazed Vitrified (GVT), and Double Charge (DC).The company has set up first facility for manufacturing vitrified tiles with a production capacity of 4000 square meters per day (33,580 metric tonnes per annum) and started commercial production from October 2003. As the company has reached optimum capacity utilization within a period of nine to ten months, company expanded the production facility by installing a second manufacturing line and commenced commercial production from the second line in January 2005. After installation of this second line the capacity of the plant increased to 9000 square meters per day (75,500 metric tonnes per annum). The company was the first manufacturers in India to produce slab vitrified tiles of 905mm x 905mm.By October 2005, the company has again reached optimum capacity utilization and planned to install a third manufacturing line and commenced commercial production from the third line in July 2006. Thus, after this expansion, the installed capacity of the plant has become 14,000 square meters per day (117,500 metric tonnes per annum).In March 2006, the company has acquired approximately 100% equity shares of Subsidiary, Asian Tiles Limited, to make it a wholly owned subsidiary.During 200708, the Company commenced commercial production of new Wall Tile Plant from January 2008 and also modernized and expanded the existing Vitrified Plant. The High Court of Gujarat sanctioned the Scheme of Amalgamation of the subsidiary company i.e. Asian Tiles Limited with the Holding Company i.e. Asian Granito India Limited vide its order dated September 17, 2009, which became effective from April 01, 2008. Resulting to the said Scheme of Amalgamation, the assets and liabilities of the erstwhile ATL whose principal business was manufacture of Ceramic Tiles, were transferred to and vested in the Company with effect from the appointed date, viz. 1st April, 2008During 200809, the Company installed New Marble manufacturing Plant with an installed capacity of 2500 sq mtr per day and commenced commercial production from March 2009. It started the New Agro Tech Division during 2010. The Company made expansion in the existing Marble Plant and started manufacturing of Packing Boxes as backward integration project to reduce the packing cost and enhancing quality of packing boxes during 201011.The Company acquired 100% shares of AGL Industries Limited, and accordingly M/s. AGL Industries Limited became the Wholly Owned Subsidiary of Asian Granito India Limited during year 201314. M/s Artistique Ceramics Private Limited was amalgamated with the Company in 201516, through Scheme of Arrangement which became effective from 1st July, 2015. During the Financial year 201516, through the said Scheme, the Company acquired 99.99% holding in Kediya Ceramic, 70% holding in Crystal Ceramic Industries Private Limited through Kediya Ceramic and 94.20% holding of Amazon Ceramics Limited and as a result became subsidiaries of Company.During the year 201617, Powergrace Industries Limited became subsidiary of AGL Industries Limited which stand as wholly owned subsidiary of Company. During the year 201718, Company incorporated a Subsidiary Company, namely Camrola Quartz Limited. It also incorporated Trodo Ceramics Private Limited as a wholly owned subsidiary Company, which got converted from Partnership firm to Private Limited Company.The Company opened Ahmedabads biggest Luxury Tile Arcade spread across 18,000 sq. ft. which displays the sheer range of tiles, marbles and quartz products during 201819. During the year 201819, Trodo Ceramics Private Limited (holding Company of Crystal Ceramic Industries Private Limited and the wholly owned subsidiary Company of Asian Granito India Limited) was merged with Crystal Ceramic Industries Private Limited.During the year 201920, Company made disinvestments with JV Company AGL Panaria Private Limited on 21st May, 2019 and thereafter, in Subsidiary Company Camrola Quartz Limited on 18th March, 2020. It had incorporated one more Whollyowned Subsidiary Company named AGL Global Trade Private Limited on 17th March, 2020.
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Asian Granito India Ltd FAQs

Asian Granito India Ltd shares are currently priced at 75.82 on NSE and 75.68 on BSE as of 6/20/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Asian Granito India Ltd [ASIANTILES] share was 57.3. The Asian Granito India Ltd [ASIANTILES] share hit a 1-year low of Rs. 44.2 and a 1-year high of Rs. 86.1.

The market cap of Asian Granito India Ltd is Rs. 960.98 Cr. as of 6/20/2024 12:00:00 AM.

The PE ratios of Asian Granito India Ltd is 32.47 as of 6/20/2024 12:00:00 AM.

The PB ratios of Asian Granito India Ltd is 0.75 as of 6/20/2024 12:00:00 AM

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