Asian Granito India Ltd

Q4 FY23Consumer Durables

Asian Granito India Q4 FY23 earnings call: Revenue & Margins

Q4 FY23 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 Q4 FY23 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

Q4FY2023 revenue from operations was Rs. Q4FY2023 Financials (YoY Change): - EBITDA: Rs.

From Asian Granito India Ltd's Q4 FY23 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

Q4FY2023 revenue from operations was Rs. 455.5 crores, a 5% decline YoY (Page 3).
Export revenues in Q4FY2023 stood at Rs. 54.2 crores, with export sales as percentage of sales at 14.0%, up from 13.3% in Q4FY2022 (Page 12).
Volume figures for Q4FY2023 show mixed segment growth: AGL Associates 3.36 million sqm, Trading 7.40 million sqm, Marble 0.17 million sqm, Quartz 0.13 million sqm (Page 8).
Revenue breakup for tiles indicates shifts, e.g., GVT increased to 42% and Double Charge decreased to 35% in Q3FY2023 from Q3FY2022 figures (Page 11).
Geographical sales distribution remained stable across regions with minor changes between FY2022 and FY2023 (Page 10).

2 more points management made on revenue & sales performance

Profitability & Margins

Q4FY2023 Financials (YoY Change):
EBITDA: Rs. 29.1 crores in Q4FY2023 vs Rs. -44.0 crores last year; improved by 251.2%
Operating Margin (EBITDA Margin): Not explicitly stated for quarter but from EBITDA figures and revenue declines, margin improved significantly (previously negative)
Profit After Tax (PAT): Rs. 11.9 crores in Q4FY2023 vs Rs. -44.9 crores last year; improved by 364.5%

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

Construction and erection of plant & machinery at Future Ceramics Private Limited and AGL Sanitaryware Private Limited mostly complete; commercial production expected from Q2 FY2023-24 (Page 3).
Multiple new manufacturing plants planned under Near to Short Term:
Project GVT Sanitaryware Quartz New Project (Page 22).
New manufacturing plant for large format GVT tiles at Morbi (Page 21).
Expansion of Quartz Surfaces capacity at AGL’s Dalpur plant (Page 21).
New Quartz Surfaces plant at Morbi under Amazoone Ceramics (Page 21).
New Mega Slab Plant at Morbi through Adicon Ceramica LLP (Page 21).

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₹190 Cr

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2Visdem Technosys₹96 Cr

Rev 1Mar 1

3₹2.5K Cr

Rev 1Mar 2

4₹1.7K Cr

Rev 1Mar 3

5₹1.7K 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 shows changes in borrowings and debt levels over the years, as seen on page 42 and pages 5-7.
Total debt figures (Rs. in Crores) increased from FY2019 to FY2023: for example, consolidated borrowings were Rs. 89.9 Cr in FY2022 and Rs. 81.0 Cr in FY2023, and standalone borrowings moved from Rs. 0.9 Cr in FY2022 to Rs. 1.5 Cr in FY2023.
Short-term borrowings fluctuated notably, e.g., standalone short-term borrowings were Rs. 66.9 Cr in FY2023 (page 39).
Debt to Equity Ratio decreased from 0.74 in FY2019 to 0.17 in FY2023 (page 42), suggesting reduced leverage.
There is no explicit mention of new fundraising through debt or equity in the presentation.

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 provided does not explicitly mention any details about order book, order inflow, or pending orders. The document primarily includes: - Financial performance snapshots over 5 years (debt levels, ROCE, ROE). - Balance sheet figures for consolidated and standalone entities. - Revenue and profit metrics.

2 more points management made on order book & pipeline

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

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Frequently Asked Questions

What were Asian Granito India Ltd Q4 FY23 results?

Q4FY2023 revenue from operations was Rs. Q4FY2023 Financials (YoY Change): - 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?

Construction and erection of plant & machinery at Future Ceramics Private Limited and AGL Sanitaryware Private Limited mostly complete; commercial production expected from Q2 FY2023-24 (Page 3). - Multiple new manufacturing plants planned under Near to Short Term: - Project GVT Sanitaryware Quartz New Project (Page 22). - New manufacturing plant for large format GVT tiles at Morbi (Page 21). - Expansion of Quartz Surfaces capacity at AGL’s Dalpur plant (Page 21). - New Quartz Surfaces plant at Morbi under Amazoone Ceramics (Page 21). - New Mega Slab Plant at Morbi through Adicon Ceramica LLP (Page 21). - Capital work in progress increased to Rs.

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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.