Asian Granito India Limited (AGL) (NSE: ASIANTILES, BSE: 532888), one of the largest Luxury Surfaces and Bathware Solutions brands in the country has reported a strong operational and financial performance during the financial year ended March 31, 2026.
For FY26, the company reported a robust performance with consolidated net profit after tax of Rs. 18.74 crore representing 89.69% increase over FY25. Revenue from Operations for FY26 was reported up 8.60% to Rs. 1,858.06 crore. EBITDA for FY26 was reported at Rs. 120.42 crore (EBITDA margin 6.48%), as compared to EBITDA of Rs. 104.37 crore (EBITDA margin 6.10%) in FY25. The strong performance was supported by healthy market demand, improved operational efficiencies, enhanced product mix and continued expansion across domestic markets.
Commenting on the results and performance, Mr. Kamlesh Patel, Chairman and Managing Director said, "We have emerged stronger through this challenging period and remain confident about our growth trajectory going forward. Healthy domestic demand, improved operational efficiencies, and stronger gross margins contributed to our performance during the year. We are encouraged by the positive demand environment and the normalization of production across all manufacturing facilities. While higher gas prices and elevated export freight costs remain industry challenges, strong domestic demand and our expanding market presence position us well for sustained growth. We remain focused on strengthening our brand, distribution network, and product portfolio while pursuing our long-term vision of becoming a Rs. 6,000 crore revenue company over the next three to six years."
Our business has normalized with all our manufacturing units operational. We continue to witness strong demand and are focusing more on domestic market as export container price has escalated due to geo-political uncertainty. While all our plants are operational now some labour problems are still there and we are hopeful to resolve it soon. However, short-term challenges remain with increase in gas price.
As AGL continues to expand its scale and market presence, sustainability remains an integral part of its long-term growth strategy. The Company focuses on responsible manufacturing practices across its facilities, which adhere to internationally recognized ISO 9001 and ISO 14001 standards. The company's long-term value creation initiatives include the use of natural gas, zero-waste processes, rainwater harvesting systems at manufacturing locations, and renewable energy generation through its Solar Energy and windmill project.
In addition, the company is strengthening its customer-centric ecosystem through the expansion of modern experience centers, digital engagement platforms, and the 'AGL Tiles' mobile application. These initiatives are aimed at improving customer experience, enhancing channel partner connectivity, and supporting sustainable growth through technology-driven engagement and operational excellence.
Shares of Asian Granito India Limited was last trading in BSE at Rs. 61.04 as compared to the previous close of Rs. 61.90. The total number of shares traded during the day was 83336 in over 648 trades.
The stock hit an intraday high of Rs. 62.62 and intraday low of 60.73. The net turnover during the day was Rs. 5137299.00.