Asian Granito India Limited (AGL), one of India’s largest luxury surfaces and bathware brands, posted a strong turnaround in Q1FY26, with higher revenue, improved margins, and a swing to profit. The company’s performance drew market attention, placing its share price in focus on August 13, 2025.
In Q1FY26, AGL reported consolidated net sales of ₹388.2 crore, up 7.8% from ₹360.1 crore in Q1FY25. EBITDA rose sharply by 58% to ₹24.9 crore, with margins improving by 204 basis points to 6.41%. Net profit stood at ₹7.6 crore, compared to a loss of ₹1.7 crore in the same quarter last year.
Exports for the quarter reached ₹63 crore, marking a 26% year-on-year increase. The improvement was driven by higher production of premium products in-house, lower input costs, particularly gas prices and better control over indirect expenses.
On a standalone basis, the company recorded net sales of ₹259.6 crore compared to ₹241.7 crore in Q1FY25. EBITDA grew 187.6% to ₹7.9 crore, with margins rising to 3.05% from 1.14% a year ago. Net profit surged 175.4% to ₹5.2 crore.
During the quarter, AGL received NCLT approvals for 2 composite schemes of arrangement designed to streamline operations, expand manufacturing capacity, and diversify risk. These include the demerger and amalgamation of tile, marble, and quartz businesses across group companies.
The company also incorporated AGL SURFACES SARL in Senegal to strengthen its global presence and tap into the West African market for tiles and building materials.
AGL boosted its brand visibility by appointing actor Ranbir Kapoor as the face of its “Premium ka Pappa” campaign and actress Vaani Kapoor for the Bonzer7 “Kya Baat Hain” campaign, targeting younger consumers and reinforcing premium positioning.
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Founded in 2000, AGL is among India’s top ceramic tile manufacturers, with 14 manufacturing units, 277+ exclusive franchise showrooms, and over 18,000 distribution touchpoints nationwide. It exports to more than 100 countries and reported a consolidated turnover of ₹1,628 crore in FY25.
On August 13, 2025, Asian Granito’s share price closed at ₹58.74, down 0.13% from the previous session, after the company announced its Q1FY26 results.
Asian Granito’s Q1FY26 performance reflects its strategic focus on operational efficiency, premium product offerings, and market expansion. With restructuring plans and brand campaigns underway, the company is positioning itself for sustained long-term growth.
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Published on: Aug 13, 2025, 4:18 PM IST
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