Asian Granito Share Price Gains After Q2 FY26 Earnings Results: PAT Surges 1290% YoY

Asian Granito India Limited announced its consolidated unaudited financial results for the quarter and half year ended September 30, 2025, post approval of a composite scheme of arrangement involving demerger of tile manufacturing business by NCLT Ahmedabad Bench effective July 1, 2025.

The luxury surfaces and bathware solutions brand demonstrated exceptional profitability turnaround with EBITDA margin expanding 508 basis points to 9% driven by operational discipline and strategic brand campaigns.

Asian Granito Q2 FY26 Earnings Results

For the quarter ended September 30, 2025, Asian Granito achieved consolidated net sales of ₹406.9 crore, registering growth of 8% YoY compared to ₹376.1 crore in Q2 FY25. The figures are restated post-composite scheme, becoming effective.

EBITDA surged to ₹36.7 crore with an EBITDA margin of 9%, up 508 basis points YoY, compared to ₹14.8 crore with a 3.9% margin in Q2 FY25. Net profit surged to ₹15.6 crore from ₹1.2 crore in Q2 FY25, marking 1290% growth. Net profit margin expanded 353 basis points to 3.8% from 0.3% previously, reflecting a strong operational turnaround.

Asian Granito Half Year FY26 Results

For the half year ended September 30, 2025, consolidated net sales reached ₹795.2 crore, up 8% from ₹736.2 crore in H1 FY25. EBITDA stood at ₹61.5 crore, surging 102% from ₹30.5 crore previously, with EBITDA margin improving 360 basis points to 7.7% from 4.1%.

Net profit came to ₹23.2 crore, swinging from a loss of ₹1 crore in H1 FY25. Net profit margin improved 300 basis points to 2.9%. The strong H1 performance demonstrates the successful execution of operational efficiency initiatives and strategic brand positioning.

Read More: IRB Infra Q2 FY26 Earnings Results: Profit Jumps 41% to ₹141 Crore; Declares 7% Interim Dividend!

Export Business Performance

Exports for Q2 FY26 stood at ₹64 crore, declining 17% YoY from ₹77 crore in Q2 FY25. For H1 FY26, exports totalled ₹127 crore. Despite temporary headwinds, the company continues to export to more than 100 countries, maintaining its global footprint across international markets.

Composite Scheme of Arrangement

The composite scheme of arrangement for Asian Granito India involving the demerger of the tile manufacturing business became effective on July 1, 2025, post NCLT Ahmedabad approval. Under the scheme, shareholders of Affil Vitrified Pvt Ltd received 73 equity shares of AGL for every 40 shares held, shareholders of Ivanta Ceramics Industries received 479 shares for every 12 shares, and shareholders of Crystal Ceramic Industries received 695 shares for every 426 shares held.

Distribution and Manufacturing Network

Asian Granito has 14 state-of-the-art manufacturing units spread across Gujarat, with production capacity expanded 65 times from 0.83 million square metres per annum in FY 2000 to 54.5 million square metres per annum in FY 2025. 

The company operates 277 plus exclusive franchisee showrooms, 13 company-owned display centres and an extensive marketing network with 18,000 plus touchpoints, including distributors, dealers and subdealers across India.

Asian Granito India Share Price Performance

On November 13, 2025, Asian Granito India share price opened at ₹69.20 on NSE, above the previous close of ₹68.65. During the day, it surged to ₹70.85 and dipped to ₹69.20. The stock is trading at ₹69.88 as of 9:20 AM. The stock registered a moderate gain of 1.79%.

Over the past week, it has moved up by 6.31%, over the past month, it has moved up by 18.06%, and over the past 3 months, it has moved up by 17.47%.

Conclusion

Asian Granito demonstrated exceptional consolidated turnaround in Q2 and H1 FY26 with PAT surging 1290% YoY and revenue growing 8% YoY, powered by successful composite scheme implementation effective July 1, 2025, EBITDA margin expansion of 508 basis points to 9%, strategic brand campaigns with Ranbir Kapoor and Vaani Kapoor, and operational discipline positioning the company to achieve ₹6,000 crore revenue target.

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