Asian Granito India Reports Strong Financial Performance with Net Profit Jumping 89.69% in FY26

Asian Granito India Reports Strong Financial Performance with Net Profit Jumping 89.69% in FY26​

Ahmedabad, 1 June, 2026: Asian Granito India Limited (AGL), a major Luxury Surfaces and Bathware Solutions brand, has reported a robust financial and operational performance for the fiscal year ended March 31, 2026. The company announced that its consolidated net profit after tax saw a significant surge of 89.69% year-over-year (Y-o-Y), reaching Rs. 18.74 crore.

The company's growth trajectory for FY26 was supported by strong market demand, operational efficiency improvements, and an enhanced product mix across domestic markets.

Financial Highlights​

Asian Granito India’s financial performance, when consolidated, shows substantial growth across key metrics:


For the fiscal year 2026, Revenue from Operations increased by 8.60% to Rs. 1,858.06 crore. EBITDA grew by 15.38% to Rs. 120.42 crore, resulting in an EBITDA margin of 6.48%. This compares to an EBITDA of Rs. 104.37 crore and an EBITDA margin of 6.10% in FY25.

Strategic Outlook and Growth Drivers​

Commenting on the results, Mr. Kamlesh Patel, Chairman and Managing Director, stated that the company emerged stronger during the challenging period and remains highly confident about its future growth trajectory. He attributed the strong performance to healthy domestic demand, improved operational efficiencies, and stronger gross margins achieved during the year.

While industry challenges persist, including elevated export freight costs and higher gas prices, the positive domestic demand environment and expanding market presence position AGL well for sustained growth. Patel noted that the company is focused on strengthening its brand, distribution network, and product portfolio, aiming to become a Rs. 6,000 crore revenue company over the next three to six years.

Operationally, AGL continues to focus on the domestic market, noting that export container prices have increased due to geopolitical uncertainty.

Sustainability and Expansion​

As part of its long-term growth strategy, the company emphasizes sustainability. Its responsible manufacturing practices adhere to internationally recognized ISO 9001 and ISO 14001 standards. Value creation initiatives include the adoption of natural gas, zero-waste processes, rainwater harvesting systems at manufacturing sites, and generating renewable energy via Solar and windmill projects.

In terms of market presence, AGL is strengthening its customer-centric ecosystem through the expansion of modern experience centers, digital engagement platforms, and the 'AGL Tiles' mobile application.

Asian Granito India Limited, established in 2000, has grown into one of India's leading Luxury Surfaces and Bathware Solutions brands. The company manufactures and markets a wide range of Tiles, Engineered Marble and Quartz, Bathware, and Faucets. Today, AGL stands as the fourth largest listed ceramic tile company in India, boasting a strong brand identity and an extensive network. It operates 14 state-of-the-art manufacturing units across Gujarat, supported by 277 plus exclusive franchisee showrooms and 13 company-owned display centers nationwide, with an outreach reaching more than 18,000 touchpoints. The company also maintains an export presence in over 100 countries.

ASIANTILES Stock Price Movement​

Shares of Asian Granito India Limited are gaining momentum to ₹61.67 as of 12:02 PM, rallying 0.85% in live trading. The equity sees active participation today, with 4.28 million shares trading through the current market session.