Stock Under Rs 60: Company Reports Consolidated Net Sales Up 7.8% to Rs 388 Crore; Net Profit Surges 552% to Rs 7.64 Crore

Asian Granito India Limited (AGL), a leading brand in luxury surfaces and bathware solutions in India, reported improved operational and financial performance for Q1 FY26 ended 30th June 2025.

AGL posted consolidated net sales of Rs 388.24 crore in Q1FY26, registering a growth of 7.8 per cent compared to Rs 360.08 crore in Q1FY25. EBITDA for the quarter rose 58 per cent to Rs 24.9 crore, with the EBITDA margin improving by 204 bps to 6.41 per cent. Consolidated net profit stood at Rs 7.64 crore, reversing a net loss of Rs 1.69 crore in Q1FY25. Exports contributed Rs 63 crore, up 26 per cent year-on-year.

The company attributed this performance to strategic production of high-value products in its plants, reduction in input costs, particularly gas prices, and effective control over indirect expenses.

On a standalone basis, net sales reached Rs 259.64 crore, up 7.4 per cent from Rs 241.75 crore in Q1FY25. EBITDA surged 188 per cent to Rs 7.91 crore, while EBITDA margin expanded to 3.05 per cent. Net profit for the standalone entity was Rs 5.21 crore, up 175 per cent compared to Rs 1.89 crore in the same quarter last year.

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AGL received National Company Law Tribunal (NCLT) approvals for Composite Schemes of Arrangement aimed at streamlining operations and expanding production capabilities. The schemes involve the demerger of tile, marble, and quartz businesses into wholly-owned subsidiaries, facilitating operational efficiency and risk diversification.

Additionally, AGL incorporated an overseas subsidiary, AGL SURFACES SARL, in Senegal, holding a 60 per cent stake to drive international trade of building materials.

The company strengthened its brand presence with celebrity endorsements. Bollywood actor Ranbir Kapoor is featured in the “Premium ka Pappa” campaign, while actress Vaani Kapoor endorses the Bonzer7 brand in the “Kya Baat Hain” campaign, targeting a younger audience.

Chairman and Managing Director, Mr Kamlesh Patel, stated, “AGL has delivered a resilient performance in Q1FY26, driven by operational efficiency and a focus on sustainable growth. We remain confident about our long-term trajectory with a vision to achieve total revenue of Rs 6,000 crore in the next 4-6 years.”

The stock price has jumped over 48 per cent from its 52-week low.