Asian Granito Announces Q1 FY27 Results; Consolidated Revenue Jumps 28.5% Year-on-Year to Rs 530.95 Crore

Asian Granito Announces Q1 FY27 Results; Consolidated Revenue Jumps 28.5% Year-on-Year to Rs 530.95 Crore​

Asian Granito India Limited, a leading manufacturer of tiles, marble, quartz and bathware products, reported unaudited financial results for the first quarter (Q1) of the financial year 2026-27, which ended on June 30, 2026. The company announced that its consolidated revenue from operations grew by 28.5% year-on-year (YoY), reaching Rs 530.95 Crore.

Consolidated Financial Performance Overview​

On a consolidated basis, the company saw significant growth in its top line. Revenue from Operations for Q1 FY27 stood at Rs 530.95 Crore, marking a 28.5% increase compared to Rs 413.15 Crore in the corresponding quarter of the previous year (Q1 FY26).

Operating EBITDA for the quarter was recorded at Rs 32.88 Crore, representing a 2.8% rise YoY. The consolidated EBITDA margin stood at 6.19%, down from 7.74% in Q1 FY26. A shift toward traded goods revenue within the sales mix contributed to this change.

Profit After Tax (PAT) for Q1 FY27 was Rs 8.08 Crore, showing a sharp turnaround from the loss of Rs 32.66 Crore reported in Q4 FY26. Meanwhile, subsidiary revenue grew by 64.9% YoY, reaching Rs 253.18 Crore and contributing 47.7% of the consolidated revenue, up from 37.2% one year earlier. The results were impacted by an increase in fuel prices.

Standalone Financial Highlights​

Reviewing the standalone performance, revenue from operations for Q1 FY27 reached Rs 277.77 Crore, which represents a 7.0% growth compared to Rs 259.64 Crore in Q1 FY26.

Operating EBITDA increased by 14.3% YoY to Rs 9.04 Crore. The standalone EBITDA margin improved to 3.26%, up from 3.05% in the preceding quarter. Profit After Tax (PAT) stood at Rs 2.24 Crore for Q1 FY27, down from Rs 5.25 Crore in Q1 FY26. This decrease was attributed primarily to lower other income and an increase in gas prices during the quarter. The operating performance at the standalone level, however, showed improvement both in absolute terms and margin.

Financial Summary Details​

The financial outcomes for Asian Granito India Limited across all segments are summarized below:

Consolidated Performance (Rs Crore)


Standalone Performance (Rs Crore)

Management Commentary​

Commenting on the results, Mr. Kamlesh B Patel, Chairman of Asian Granito India Limited, stated that Q1 FY27 reflects the strength derived from ongoing manufacturing capacity expansion and a continued focus on premiumisation. He noted that price realisations improved compared to the year-on-year basis. The subsidiaries successfully scaled while maintaining steady profitability. Looking ahead, he added that the company remains focused on rebuilding its export order book and driving further operating efficiencies across the group in the upcoming quarters.

Asian Granito India Limited (AGL) is recognized as one of India's leading integrated manufacturers of tiles, marble, quartz and bathware products. The company offers a comprehensive portfolio covering ceramic and vitrified tiles, GVT, double-charge and polished vitrified tiles, along with marble and quartz surfaces, all marketed under the AGL Tiles brand. Headquartered in Ahmedabad, Gujarat, AGL markets its products through an extensive pan-India dealer and distributor network as well as a growing international presence.

ASIANTILES Stock Price Movement​

Shares of Asian Granito India Limited tumbled as the stock shed 1.75% in trading today, settling at ₹52.85. The equity saw a daily range between a high of ₹56.4 and a low of ₹52.57.