Results - Announcements
Asian Granito India Ltd share price slipped 1.98% to Rs 45.6 after the company's net profit plunged by 35.40% to Rs 5.22 crore, while revenue from operations softened by 0.46% to Rs 528.5 crore in Q3FY26 over Q2FY26.
The market capitalization of Ceramics industry group stocks on BSE stood at Rs 25864.45 crore, gaining 5.54%. It has marginally improved by 2.39% over last one week and crept higher by 6.09% in last one month while the market capitalization of Asian Granito India Ltd has slipped by 0.17% and 18.51% in the same period respectively.
Profit before tax (PBT) of Asian Granito India Ltd stood at Rs 6.2 crore in Q3 FY26, tumbling by 77.02% year-on-year, and crashing by 36.80% quarter-on-quarter. EBITDA came in at Rs 25 crore, plunging by 42.07% YoY and nosediving by 19.69% sequentially.
Total expenses grew marginally by 0.55% to Rs 516.86 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 115.31 crore, jumping 26.37% YoY, while employee benefits expense was at Rs 46.41 crore, witnessing a strong rise of 14.93% YoY.
For the TTM ended FY26, revenue from operations inched higher 8.60% to Rs 1858.06 crore, while net profit saw a strong growth of 89.02% to Rs 18.77 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 7515% to Rs 86.78 crore, and PBT surged 4521.28% to Rs 21.72 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 93.98 crore in FY26, as against Rs 81.42 crore in FY25.
Asian Granito India Ltd nosedived by 30.81% in last one year, underperforming the benchmark BSE Sensex which has eased by 8.41% during the same period.