Asian Granito India Ltd
Next 500 2024
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OVERVIEW
FINANCIALS
NEWS
About
Asian Granito India Ltd is a well-established manufacturer of ceramic, vitrified, and marble tiles, serving residential, commercial, and industrial markets. The company is recognised for its innovative designs and high-quality surface solutions, offering a diverse range of flooring and wall tiles. With an extensive domestic network and a growing global presence, Asian Granito continues to expand its reach in the tile industry. Its focus on durability, sustainability, and aesthetics has made it a preferred choice for architects, interior designers, and homeowners looking for modern and functional tiling options.
Incorporation Year: 1995
Headquarters: Ahmedabad, India
Top Management: Kamlesh S. Chotalia (MD)
Industry: Glass & Glass Products
Website: asiangranitoindia.com
Featured In Fortune India Ranking
Next 500 India
#376(2024)#200(2023)#160(2021)#220(2020)#197(2019)#248(2018)#274(2017)#328(2016)#468(2015)
#376(2024)#200(2023)#160(2021)#220(2020)#197(2019)#248(2018)#274(2017)#328(2016)#468(2015)
Ranking Trend Fortune Next 500 India
Financial Data 2024
Revenue
1,556
(INR Cr)
Net Operating Income
1,531
(INR Cr)
Assets
1,530
(INR Cr)
Profit
-12
(INR Cr)
Net Worth
1,267
(INR Cr)
Fortune India Coverage
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 1556 1.0% | 1541 -4.5% | 1613 22.7% | 1315 6.3% | 1237 1.2% | 1223 4.8% | 1167 6.8% | 1092 8.8% | 1004 20.3% | 835 8.6% | 769 4.4% | 737 13.2% | 651 30.8% | 498 18.9% | 419 17.3% | 357 - |
| Net Operating Income (INR Cr) | 1531 -2.06% | 1563 -0.07% | 1564 21.01% | 1292 5.53% | 1225 3.19% | 1187 2.69% | 1156 8.87% | 1061 6.80% | 994 17.48% | 846 9.14% | 775 9.43% | 708 0.00% | 624 29.86% | 480 18.46% | 406 22.16% | 332 74.01% |
| Profit (INR Cr) | -12 - | -73 - | 92 61.3% | 57 35.1% | 42 102.1% | 21 -60.4% | 53 16.9% | 45 85.8% | 24 63.9% | 15 22.4% | 12 -29.3% | 17 -5.2% | 18 -10.2% | 20 5.5% | 19 -23.9% | 25 - |
| Assets (INR Cr) | 1530 1.6% | 1506 30.3% | 1156 17.8% | 982 11.3% | 882 3.7% | 851 5.8% | 804 4.8% | 767 3.1% | 745 57.1% | 474 -7.4% | 511 -2.2% | 523 18.9% | 440 17.6% | 374 8.8% | 343 14.8% | 299 - |
| Net Worth (INR Cr) | 1267 0.9% | 1256 36.8% | 918 46.7% | 626 21.0% | 517 14.7% | 451 3.7% | 435 9.1% | 399 9.9% | 363 25.3% | 290 5.2% | 275 4.1% | 265 0.0% | 240 7.0% | 224 8.6% | 206 8.7% | 190 20.5% |
| Employee Cost (INR Cr) | 130 8.1% | 120 7.4% | 112 22.3% | 91 -15.9% | 108 -1.3% | 110 16.6% | 94 36.4% | 69 17.4% | 59 33.8% | 44 13.6% | 39 6.6% | 36 18.4% | 31 22.6% | 25 25.5% | 20 20.2% | 17 - |
| Interest Cost (INR Cr) | 31 | 27 | 26 | 35 | 40 | 37 | 39 | 41 | 29 | 23 | 21 | 25 | 20 | 13 | 10 | 11 |
| Cash & Bank Balance (INR Cr) | 57 | 210 | 40 | 19 | 13 | 33 | 21 | 17 | 17 | 15 | 19 | 29 | 25 | 17 | 22 | 12 |
| Total Debt (INR Cr) | 248 | 227 | 199 | 295 | 332 | 361 | 340 | 327 | 335 | 175 | 228 | 252 | 194 | 145 | 137 | 110 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | - | - | 5.7% | 4.3% | 3.4% | 1.7% | 4.5% | 4.1% | 2.4% | 1.8% | 1.6% | 2.3% | 2.8% | 4.0% | 4.6% | 7.0% |
| Profit As % Of Assets | - | - | 8.0% | 5.8% | 4.8% | 2.5% | 6.6% | 5.9% | 3.3% | 3.1% | 2.4% | 3.3% | 4.1% | 5.4% | 5.5% | 8.4% |
| Profit As % Of Networth | - | - | 10.0% | 9.1% | 8.2% | 4.6% | 12.1% | 11.3% | 6.7% | 5.1% | 4.4% | 6.5% | 7.5% | 9.0% | 9.2% | 13.2% |
| Interest Cost to EBITDA % | 65.6% | - | 21.4% | 25.7% | 34.0% | 42.6% | 27.8% | 32.0% | 32.2% | 38.1% | 33.5% | 36.1% | 30.5% | 23.0% | 20.7% | 21.5% |
| Debt to Equity Ratio | 0.20 | 0.18 | 0.22 | 0.47 | 0.64 | 0.80 | 0.78 | 0.82 | 0.92 | 0.60 | 0.83 | 0.95 | 0.81 | 0.65 | 0.66 | 0.58 |
| RONW | - | - | 7.8% | 10.1% | 9.5% | 5.2% | 13.6% | 12.6% | 7.3% | 4.7% | 4.9% | 6.5% | 7.8% | 9.3% | 9.6% | 14.4% |
| ROCE | 1.2% | -6.6% | 9.6% | 12.4% | 11.7% | 8.8% | 16.0% | 14.6% | 10.7% | 8.5% | 8.3% | 9.7% | 11.7% | 11.2% | 11.2% | 18.1% |