Asian Granito India Ltd Q3 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Q3 FY26 earnings call: what management guided on revenue, margins and order book.

Published 25 May 2026 | Consumer Durables | Market Cap: ₹1.5K Cr

The company aims for a Rs. Company expects strong revenue growth targeting Rs.

From Asian Granito India Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

📊 Revenue & Sales Performance

Rank 2

→The company aims for a Rs. 6,000 crore revenue by 2030-31, implying a strong CAGR (~28%) from current Rs. 1,700-2,000 crore levels.
→Growth is expected from diversification into new verticals such as building construction products, quartz, sanitaryware, and big slab quartz.
→The company plans to increase retail presence with 500 exclusive showrooms, strengthening dealer networks focused on quality rather than quantity.
→Ceramic greenfield CAPEX will be minimized through outsourcing production, focusing on product design, innovation, and digital printing technology.
→Export markets expansion targets include Vietnam, Thailand, Indonesia, with a strong presence in GCC and Europe.
→Quartz segment expected to grow over 20% quarterly, after recent export market recovery.
→Overall revenue growth anticipated to be in double digits annually, driven by product mix improvement, international growth, and technological advancements.

📈 Profitability & Margins

Rank 3

→Company expects strong revenue growth targeting Rs. 6,000 crore by 2031, implying a high CAGR over the next 5-6 years.
→Growth driven by diversification into new verticals beyond ceramics, including building construction products.
→Operating profits (EBITDA) have shown significant growth: Q3 EBITDA up 210% YoY to Rs. 40.8 crores.
→PAT improved substantially from a loss last year to Rs. 43.83 crores in nine months FY’26, showing profitability turnaround.
→CAPEX for FY’27 planned mainly for retail and international market expansion (approx. Rs. 40 crores), with no major greenfield ceramic plant investments; focus on outsourcing.
→Company expects continued double-digit revenue growth supported by improved product mix, brand investment, retail expansion, and digital technology.
→Overall, earnings and profits are projected to grow substantially in line with top-line growth and operational efficiencies.

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

🏗️ Capital Expenditure Plans

→FY'27 CAPEX plan mainly focuses on outsourcing in the ceramic trade; no greenfield ceramic plant investments planned.
→CAPEX for showroom expansion, international market, digital printing technology upgrades are planned, but no major ceramic greenfield CAPEX.
→Current year CAPEX around Rs. 25 crores, next year estimated at Rs. 40 crores for warehouse, inventory, and technology improvements.
→No acquisitions planned as per management.
→Investment in retail expansion to reach 500 exclusive showrooms in the near term.
→New verticals and diversification in construction-related products under consideration for future growth.
→Slab plant (Continua) machine recently installed, operations starting April, reflecting ongoing capacity utilization efforts.
→Emphasis on outsourcing model for ceramic production while retaining product design and innovation in-house.

💰 Fundraising & Capital Structure

→Kamlesh Patel confirmed there are no plans for any acquisitions.
→For FY’27, the company does not foresee any significant CAPEX in greenfield ceramic plants and will focus more on outsourcing.
→CAPEX plans mainly relate to showroom expansions, technology upgrades, and international market ventures, estimated at around Rs. 40 crores for next year.
→No mention was made of new fundraising through debt or equity during the call.
→The company aims for growth via product diversification and improving retail presence rather than raising funds through new financial instruments at this time.

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

📋 Order Book & Pipeline

No information

The transcript does not explicitly mention the current or expected order book or pending orders for Asian Granito India Limited. However, from the discussions, the following can be inferred: - The company is experiencing strong revenue growth and expanding retail presence, targeting 500 exclusive showrooms. - The company has a stable dealer network of about 2,700 dealers, focusing on quality and exclusive arrangements to ensure steady business. - There is increasing demand in both domestic and export markets, with new warehouses and showrooms set up internationally. - The company anticipates growth driven by expansion into new verticals and improving product mix. - Inventory levels of 2-3 months indicate ongoing order fulfillment capability, especially in retail-oriented products. - No mention of order backlog figures or specific pending orders in quantitative terms was provided during the call.

Key Metrics

0 of 5 growth signals positive in the Q3 FY26 call.

Revenue

Rank 2

Margin

Rank 3

Capex

Fundraise

Order Book

No information

How does Asian Granito India Ltd rank vs peers in Consumer Durables?

Pro feature

1Asian Granito India Ltd

Rev 2Mar 3

See full Consumer Durables sector rankings

Price

₹47.4

Market Cap

₹1.5K Cr

P/E Ratio

115.1

Asian Granito India Ltd — Quarterly revenue & net profit

Revenue Net Profit

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Reported quarterly figures (₹ Cr). Latest: revenue ₹424 Cr, net profit ₹19 Cr.

Full financials →

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

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Frequently Asked Questions

What were Asian Granito India Ltd Q3 FY26 results?

The company aims for a Rs. Company expects strong revenue growth targeting Rs.

What is Asian Granito India Ltd share price analysis?

Asian Granito India Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 115.1 with a market cap of ₹1,499 Cr. Investors should review the full earnings analysis for detailed insights.

Is Asian Granito India Ltd planning capital expenditure?

FY'27 CAPEX plan mainly focuses on outsourcing in the ceramic trade; no greenfield ceramic plant investments planned.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.