Multibagger Ceramics Stock Reports FY26 Results; Net Profit Jumps 90%, Revenue Crosses Rs 1,850 Crore

On Monday, Indian equity benchmarks ended lower, with the benchmark Nifty 50 index declining 0.70 per cent to close at 23,382.60. Ceramic and building materials stocks remained in focus following FY26 earnings announcements. In this segment, Asian Granito India share price ended at Rs 61.31 on June 1, 2026, up 0.44 per cent from the previous close, after the company reported growth in revenue, EBITDA and profitability for FY26.

Asian Granito Reports FY26 Results

Asian Granito India Limited reported consolidated revenue from operations of Rs 1,858.06 crore for FY26, compared with Rs 1,710.98 crore in FY25, registering a growth of 8.60 per cent year-on-year.

EBITDA increased to Rs 120.42 crore during FY26 from Rs 104.37 crore in the previous financial year, reflecting a growth of 15.38 per cent. EBITDA margin improved to 6.48 per cent from 6.10 per cent reported in FY25.

The company reported consolidated net profit after Tax of Rs 18.74 crore for FY26, compared with Rs 9.88 crore in FY25, registering a growth of 89.69 per cent year-on-year.

Domestic Demand Supports Growth

According to the company, the FY26 performance was supported by healthy domestic demand, improved operational efficiencies, enhanced product mix and continued expansion across domestic markets. The company stated that production has normalised across all manufacturing facilities, while demand in the domestic market remains strong.

Asian Granito added that higher gas prices and elevated export freight costs continue to remain industry challenges. However, the company expects strong domestic demand and its expanding market presence to support future growth.

Management Commentary

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."

He further added, "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."

Expansion And Sustainability Initiatives

The company continues to strengthen its customer engagement through modern experience centres, digital platforms and the AGL Tiles mobile application. It also highlighted sustainability initiatives including the use of natural gas, zero-waste processes, rainwater harvesting systems and renewable energy generation through Solar and wind projects.

About Asian Granito

Established in 2000, Asian Granito India Limited is one of India's leading luxury surfaces and bathware solutions companies. The company manufactures and markets tiles, engineered marble, quartz, bathware and faucets. It operates 14 manufacturing units, more than 277 franchisee showrooms, 13 company-owned display centres and over 18,000 customer touchpoints across India, while exporting products to more than 100 countries.

Asian Granito delivered strong profit growth in FY26, supported by improved operational efficiencies and continued demand from the domestic market.
Disclaimer: The article is for informational purposes only and not investment advice.