Asian Granito India Limited (AGL), a prominent ceramic tiles manufacturer, witnessed a notable 3% surge in its stock price on October 15, 2025.
For Q1 FY26, AGL reported a solid performance, with standalone revenue rising by 7% YoY to ₹259.6 crore. EBITDA saw a substantial growth of 188%, reaching ₹7.9 crore, translating to an impressive margin of 3.05%. Profit after tax (PAT) stood at ₹5.2 crore, marking a 175% YoY increase.
On a consolidated basis, the company saw revenue of ₹388.2 crore, up 8% YoY. EBITDA increased by 58% YoY to ₹24.9 crore, with a margin of 6.41%. PAT turned positive at ₹7.6 crore, reversing a loss from the same period last year. However, QoQ revenue declined due to seasonality and product mix.
AGL managed to lower its cost base, with average gas prices decreasing to ₹27.46 per scm (from ₹34.39). Similarly, propane prices dropped to ₹59.86 per kg from ₹58.11. This cost control, along with operational measures, significantly aided the company’s EBITDA performance for the quarter.
Exports were a major growth driver, recording ₹63 crore, a 26% YoY increase. This marked a record-breaking export revenue for AGL. The domestic revenue reached ₹325 crore, with the western region contributing 53%. Ceramic tiles, the primary product, generated ₹318 crore (up 1%), while Marble & Quartz and Sanitaryware saw impressive growth of 27% and 68%, respectively.
AGL is actively expanding both domestically and internationally. The company received approval for a demerger and restructuring plan, which includes a slump sale and amalgamation. Additionally, AGL is enhancing its international presence with showrooms and warehouses in Dubai and the UK, while also setting up operations in Indonesia. A joint venture in Nepal for wall tile manufacturing is also underway.
Incorporated in 1995 and headquartered in Ahmedabad, Gujarat, Asian Granito India Ltd (AGL) is one of India’s leading new-age luxury surfaces and bathroom solutions companies. The company commenced its tile manufacturing operations in 2001 and has since evolved into a diversified player in the building materials segment.
AGL manufactures and markets a wide range of products, including floor tiles, wall tiles, parking tiles, glazed vitrified tiles (GVT), polished vitrified tiles (PVT), double charge tiles, countertops, quartz and marble surfaces, sanitaryware, bathware, CP fittings, faucets, and construction chemicals. Today, Asian Granito India ranks among the top four listed ceramic tile companies in the country.
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On October 15, 2025, Asian Granito India share price opened at ₹57.10 on NSE, near the previous close of ₹57.10. During the day, it surged to ₹59.00 and dipped to ₹56.40. The stock is trading at ₹58.75 as of 2:36 PM. The stock registered a significant gain of 2.89%.
Over the past week, it has moved up by 1.94%, over the past month, it has moved up by 0.10%, and over the past 3 months, it has declined by 7.61%.
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Asian Granito India Limited’s stock surge is driven by its strong Q1 FY26 performance, strategic growth initiatives, and record exports. With a clear focus on innovation and expanding its geographical footprint, AGL is positioning itself for sustained growth in the coming quarters.
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Published on: Oct 15, 2025, 3:33 PM IST
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