Asian Granito India Ltd

Q2 FY24Consumer Durables

Asian Granito India Ltd Q2 FY24 Results & Presentation Highlights: Revenue, Margins & Order Book

Q2 FY24 investor presentation: what the company reported on revenue, margins and projects.

Price₹50

Market cap₹1.5K Cr

P/E115.3

Updated24 Sept 2026

Read4 min read

Based on Asian Granito India Ltd's Q2 FY24 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Consolidated Revenue (Q2FY24): Rs. For Q2 FY2024 (consolidated): - EBITDA: Rs.

From Asian Granito India Ltd's Q2 FY24 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

Consolidated Revenue (Q2FY24): Rs. 400.9 crores, a 20% growth over the last quarter (YoY not explicitly stated for Q2).
Standalone Revenue (Q2FY24): Rs. 341.4 crores, a 17% growth over the last quarter.
Tiles Sales Revenue (Q2FY24 vs Q2FY23): Consolidated - Rs. 419.49 cr vs Rs. 386.18 cr; Standalone - Rs. 256.49 cr vs Rs. 252.88 cr.
Marble & Quartz Sales Revenue: Consolidated Q2FY24 Rs. 45.42 cr vs Q2FY23 Rs. 50.64 cr.
Tiles Production Volume: Consolidated Q2FY24 own manufacturing 1.0 million sq.mtrs vs 1.8 million sq.mtrs in Q2FY23 (decline).

2 more points management made on revenue & sales performance

Profitability & Margins

For Q2 FY2024 (consolidated):
EBITDA: Rs. 19.9 crores (up from Rs. -0.9 crores in Q2 FY2023)
EBITDA Margin: 5.0% (up from -0.2% in Q2 FY2023)
Profit After Tax (PAT): Rs. -2.8 crores (improved from Rs. -7.8 crores in Q2 FY2023)
PAT Margin: -0.4% (improved from -2.0% in Q2 FY2023)
For Q2 FY2024 (standalone):
EBITDA: Rs. 12.4 crores (up from Rs. 10.7 crores in Q2 FY2023)
EBITDA Margin: 3.6% (up from 3.0% in Q2 FY2023)
PAT: Rs. 8.4 crores (slight decrease from Rs. 8.7 crores in Q2 FY2023)
PAT Margin: 2.5% (flat at 2.5% in Q2 FY2023)

2 more points management made on profitability & margins

See what Asian Granito India Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Future Ceramic Pvt. Ltd., wholly-owned subsidiary, new manufacturing facility started commercial operation from 1st July 2023, producing high-value large-format glazed vitrified tiles; investment of Rs. 174 Crores; installed capacity of 5.94 million sq. mtrs. per annum.
AGL Sanitaryware Pvt. Ltd., wholly-owned subsidiary, new manufacturing facility started from 1st October 2023 for sanitaryware products; investment of Rs. 46 Crores; capacity of 0.66 million pieces per annum.
Capacity utilization increased due to new production facilities coming on board during the quarter.
Proposed Scheme of Arrangement to bring various subsidiary/outsourcing production facilities under AGL umbrella.

2 more points management made on capital expenditure plans

Top-ranked in Consumer Durables

Ranked on what management guided this quarter

5x potential

1Nanta Tech Ltd₹193 Cr

Rev 1Mar 1

2Visdem Technosys₹88 Cr

Rev 1Mar 1

3₹1.9K Cr

Rev 1Mar 2

4₹1.6K Cr

Rev 1Mar 3

5₹1.6K Cr

Rev 1Mar 3

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

The presentation does not explicitly mention any new fundraising through debt or equity.
Borrowings increased on a consolidated basis from Rs. 81.5 Cr (FY23) to Rs. 113.1 Cr (Q2FY24) for non-current and from Rs. 133.4 Cr to Rs. 140.8 Cr for current borrowings.
Standalone borrowings increased from Rs. 1.5 Cr to Rs. 2.3 Cr (non-current) and from Rs. 66.9 Cr to Rs. 84.4 Cr (current) as of Q2FY24.

2 more points management made on fundraising & capital structure

See what Asian Granito India Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation does not explicitly mention any order book, order inflow, or pending orders data. Based on the content provided: - No specific figures or details on order book status are presented. - No mention of order inflow or new orders received during the quarter. - No updates on pending or backlog orders to report. The presentation mainly focuses on revenue, production, capacity utilization, sales data, shareholding, financials, and strategic outlook but does not disclose order-related metrics.

Asian Granito India Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Reported quarterly figures (₹ Cr). Latest: revenue ₹424 Cr, net profit ₹19 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Asian Granito India Ltd's management said in earlier quarters

Others in Consumer Durables this season

Focus Lighting (Q2 FY24)
Home lighting segment growing rapidly, with year-on-year growth of around 100%, expanding channel partners. Key concall takeaways from Focus Lighting's Q2 FY24…

Compare:vs Titan Company vs Asian Paints vs LG Electronics

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Frequently Asked Questions

What were Asian Granito India Ltd Q2 FY24 results?

Consolidated Revenue (Q2FY24): Rs. For Q2 FY2024 (consolidated): - EBITDA: Rs.

What is Asian Granito India Ltd share price analysis?

Asian Granito India Ltd currently shows a neutral. The stock trades at a P/E of 115.3 with a market cap of ₹1,502 Cr. Investors should review the full earnings analysis for detailed insights.

Is Asian Granito India Ltd planning capital expenditure?

Future Ceramic Pvt.

Keep Asian Granito India Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.