Asian Granito India Limited · NSE:ASIANTILES
Asian Granito India — Q3 FY2024 Earnings Presentation
29 slides from Asian Granito India's earnings presentation, Jan 30, 2024
Slide 1: Exchange cover letter: Investor Presentation
Date: 30th January, 2024 To, To Corporate Relations Department Corporate Relations Department BSE Limited National Stock Exchange of India Limited 2nd floor, P.J. Tower, Exchange Plaza, Plot No. C/1, G-Block Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai- 400 051 Company Cod
Slide 2: Q3FY2024 Investor Presentation
LILI @ AGL Tiles Marble - Quartz-Bathware ~ Together for Strong Tomorrow >
Slide 3: About Asian Granito India Limited - Quality Driven Tiles and Bathware Brand
About Asian Granito India Limited ‐ Quality Driven Tiles and Bathware Brand 4th Largest Listed INR 1562.7 Cr 54.5 Mn Sqm 100+ Ceramic Tiles Company FY2023 Revenue Installed Capacity Countries Presence 6,500+ 6,000+ 14 8% Sales CAGR Touch Points Employees Plants* (FY 2013‐ FY 2023) • Incorporated in
Slide 4: Investor Update for Q3 FY24
Investor Update for Q3 FY24 1) Revenue from operations for the Q3FY24 is Rs.371.23 crore, registering 7% degrowth over last quarter at consolidated level. In Q3, the demand for GVT, Large Slab Tiles and Digital Wall Tiles reduced during the quarter and exports market is comparatively slow. 2) Revenu
Slide 5: Statement of Profit & Loss
Statement of Profit & Loss Particulars (INR in crores) Consolidated Standalone Q3FY24 Q3FY23 9MFY24 9MFY23 Q3FY24 Q3FY23 9MFY24 9MFY23 Revenue from operations 371.2 399.2 1107.0 1107.0 320.2 339.8 954.4 955.1 Cost of material consumed 70.0 74.6 198.4 194.9 30.4 47.4 104.2 134.2 Purchase of stock in
Slide 6: A Journey Full of Evolution and Growth
A Journey Full of Evolution and Growth Established vitrified tiles Listed on Stock Exchanges. Commenced production of Commenced Quartz slab AGL Group was First Plant of Ceramic Floor Tiles facility at Himmatnagar with Introduced India’s largest wall tile composite marble slabs; New production; Launc
Slide 7: AGL – Consolidated Tiles Production Volume Data
AGL – Consolidated Tiles Production Volume Data Q3‐FY2023 VS Q3‐FY2024 9M FY2023 VS 9M FY2024 7.0 18.0 6.0 16.0 14.0 5.0 12.0 Million Sq.mtr Million Sq.Mtr 4.0 3.9 10.0 12.9 4.9 8.1 3.0 8.0 6.0 2.0 4.0 1.0 2.0 5.5 2.0 3.8 1.1 0.0 0.0 Q3FY2023 Q3FY2024 9M FY2023 9M FY2024 Own Manufacturing Subsidiary
Slide 8: AGL – Consolidated Tiles Sales Data
AGL – Consolidated Tiles Sales Data . Q3‐FY2023 vs Q3‐FY2024 REVENUE BREAK UP 9M FY2023 vs 9M FY2024 REVENUE BREAK UP 450.00 1,400.00 400.00 1,200.00 72.51 216.47 350.00 68.75 1,000.00 182.98 300.00 79.08 83.89 Rs. In Crore 225.35 Rs. In Crore 800.00 191.65 250.00 200.00 600.00 150.00 261.81 400.00
Slide 9: AGL – Consolidated Marble & Quartz Production Volume Data
AGL – Consolidated Marble & Quartz Production Volume Data Q3‐FY2023 VS Q3‐FY2024 9M FY2023 VS 9M FY2024 0.7 0.3 0.0 0.7 0.0 0.2 0.6 0.0 0.6 Million Sq. Mtrs Million Sq. Mtrs 0.2 0.6 0.6 0.2 0.0 0.7 0.1 0.6 0.2 0.5 0.1 0.5 0.6 0.5 0.0 0.5 Q3FY2023 Q3FY2024 9M FY2023 9M FY2024 Own Manufacturing Subsid
Slide 10: AGL – Consolidated Marble & Quartz Sales Data
AGL – Consolidated Marble & Quartz Sales Data . 9M FY2023 vs 9M FY2024 REVENUE BREAK UP Q3‐FY2023 vs Q3‐FY2024 REVENUE BREAK UP 50.00 1.00 160.00 45.00 0.90 142.68 140.00 136.08 40.00 0.80 120.00 35.00 0.70 Rs. in Crores 30.00 0.60 100.00 Rs. in Crores 25.00 0.50 46.86 80.00 44.70 20.00 0.40 60.00 1
Slide 11: AGL – Consolidated Sales Data
AGL – Consolidated Sales Data . Q3‐FY2023 vs Q3‐FY2024 REVENUE BREAK UP 9M FY2023 vs 9M FY2024 REVENUE BREAK UP 1,200.00 1,151.27 450.00 1,091.15 413.40 400.00 386.34 1,000.00 350.00 800.00 300.00 RS. IN CRORE RS. IN CRORE 250.00 600.00 200.00 150.00 400.00 100.00 59.45 200.00 142.68 160.89 46.86 50
Slide 12: AGL – Standalone Sales Data
AGL – Standalone Sales Data . Q3‐FY2023 vs Q3‐FY2024 REVENUE BREAK UP 9M FY2023 vs 9M FY2024 REVENUE BREAK UP 300.00 800.00 716.52 261.81 709.45 233.80 700.00 250.00 600.00 200.00 Rs. in Crore 500.00 Rs. in Crore 150.00 400.00 100.00 300.00 136.08 46.86 44.70 200.00 33.46 142.68 26.85 50.00 21.88 9.
Slide 13: Snapshot of Standalone Financial Performance: EBITDA
Snapshot of Standalone Financial Performance E B I T DA & E B I T DA M A R G I N ( % ) E B I T DA & E B I T DA M A R G I N ( % ) Q3FY2023 Q3FY2024 9M FY2023 9M FY2024 10.0 1.6 2.0 25.0 3.0 20.0 2.3 1.0 5.0 15.0 2.0 0.0 5.2 10.0 0.0 1.0 ‐18.0 ‐1.0 5.0 21.4 0.0 ‐5.0 ‐2.0 ‐22.8 0.0 ‐5.0 ‐3.0 ‐10.0 ‐10.
Slide 14: Snapshot of Standalone Financial Performance: PBT
Snapshot of Standalone Financial Performance PBT & PBT MARGIN (%) PBT & PBT MARGIN (%) Q3FY2023 Q3FY2024 9M FY2023 9M FY2024 10.0 2.6 3.0 35.0 3.5 3.0 2.0 5.0 3.0 30.0 1.0 8.2 2.5 0.0 25.0 ‐14.2 0.0 2.0 ‐5.0 ‐1.0 20.0 1.5 ‐2.0 ‐10.0 15.0 ‐3.0 1.0 0.7 ‐15.0 ‐4.2 10.0 ‐4.0 0.5 6.36 28.89 ‐20.0 ‐5.0 5.
Slide 15: Snapshot of Standalone Financial Performance: PAT
Snapshot Of Standalone Financial Performance PAT & PAT MARGIN (%) PAT & PAT MARGIN (%) 9M FY2023 9M FY2024 Q3FY2023 Q3FY2024 24.0 2.5 8.0 3.0 6.4 6.0 22.0 20.52.2 2.0 2.0 4.0 20.0 2.0 2.0 1.0 18.0 0.0 16.0 1.5 0.0 ‐2.0 14.0 ‐1.0 12.0 1.0 ‐4.0 ‐6.0 ‐2.0 10.0 0.6 ‐8.0 8.0 0.5 ‐3.0 ‐3.0 5.8 ‐10.0 6.0 ‐
Slide 16: AGL is One Stop Solution for Luxury Surfaces and Bathroom Solutions
AGL is One Stop Solution for Luxury Surfaces and Bathroom Solutions Asian Granito India Limited (AGL) Tiles and Slabs Marble & Quartz Sanitaryware & Fittings AGL OWN PLANTS AGL OWN PLANTS AGL OWN PLANTS • Dalpur (GVT and Wall) • Dalpur (Marble) • Currently being sourced from • Dholka (Wall) • Dalpur
Slide 17: Manufacturing Locations Details with Capacity
Manufacturing Locations Details with Capacity Ahmedabad Head Office Production Capacity (MSM) S.N. Product Type Himmat Morbi Idar Dholka Mehsana Total nagar Mehsana Idar 1 Digital Wall Tile 11.23 11.23 Himmatnagar Head Office 2 Ceramic Wall Tiles 2.97 2.31 5.27 3 Ceramic Floor Tiles 2.84 2.84 Morbi
Slide 18: Manufacturing Facilities
Manufacturing Facilities AGL Dalpur Plant (Wall Tiles) AGL Dalpur Plant (GVT) AGL Dalpur Plant (Marble & Quartz) AGL Idar Plant (Floor Tiles) AGL Dholka Plant (Wall Tiles) OWN PLANTS Amazoone Dalpur Plant (Floor Tiles) Crystal Mehsana Plant (DC & GVT) GRESART Morbi Plant (Digital Wall Tile) Future C
Slide 19: AGL Product Portfolio
AGL PRODUCT PORTFOLIO 477 1621 82 762 126 1100 SKUs SKUs SKUs SKUs SKUs SKUs Ceramic Wall Tiles Polished Vitrified Glazed Vitrified Marble & Quartz Bathware /Porcelain Floor Tiles & DC Tiles Tiles 1. 300x300 1. 300x300 1. Quartz 1. 300x600 Sanitary 2. 397x397 2. 300x450 1. 600x600 3100x1400‐ 81 2. 6
Slide 20: New Launched Products
New Launched Products 800X1200MM 800 X 2600MM 1200 X 2800MM ‐ 3100 X 1400MM IRIDIUM & VELVET SERIES 600x600mm ‐12mm 15MM 6MM Signature Quartz ‐ Robotech 1200x1800 & 800x1600 Parking Tiles 19
Slide 21: Enhancement of Brand Visibility and Global Go-to-Market Expansion
Enhancement of Brand Visibility and Global Go‐to‐Market Expansion Brand Visibility Enhancement Further Expansion of Domestic Expand International Presence through New Age Means Touch Points through Strategic Planning • Expand exclusive showrooms • Add new dealerships and • Expand and leverage Social
Slide 22: Digital Contents in Episodes
Digital Contents in Episodes 21
Slide 23: Footprint Across India
Footprint Across India Company Owned 12 Display Centres Touch 6,500+ Points States and UTs 35 Reached Distributors, Dealers 2,700+ & S‐Dealers Countries 100+ Exports Exclusive 235+ Franchise 22
Slide 24: Multi-model approach to reach each corner of the country and across the world
Multi‐model approach to reach each corner of the country and across the world Distributor Dealer Franchise Own Network Network Network Display Centres 12 Company 67 Distributors 2,700 Dealers and 235 Exclusive AGL Owned Display across 14 states and Sub‐Dealers across Franchise Partners union territo
Slide 25: Key Developments in Subsidiary Operations
Key Developments in Subsidiary Operations • In Future Ceramic Pvt. Ltd., wholly‐owned subsidiary, a new manufacturing facility has commenced its commercial operation from 01 July 2023; dedicated in manufacturing high‐value large‐format glazed vitrified tiles (GVT). With a substantial investment of R
Slide 26: AGL Expansion Details
AGL Expansion Details • AGL Surfaces INC is a Company which has been formed as Wholly Owned Foreign Subsidiary of M/s Asian Granito India Limited with an object to undertake selling & marketing activity of its quartz products in USA. • Company has incorporated Wholly Owned Subsidiary Company at Shar
Slide 27: Shareholding Pattern Chart
Shareholding Pattern Chart ASIAN GRANITO INDIA LIMITED DOMESTIC FOREIGN AMAZOONE GRESART AGL AGL SURFACES ADICON AFFIL CRYSTAL IVANAT AGL SURFACES CERAMICS LTD CERAMICA SANITARYWARE PVT LTD CERAMIC LTD CERAMICS LTD VITRIFIED LTD CERAMIC LTD INC. USA PVT LTD PVT LTD 100% 100% 100% 100% 100% 100% 100%
Slide 28: About Asian Granito India Limited
About Asian Granito India Limited Established in the year 2000, Asian Granito India Ltd. (AGL) has emerged as India's leading Luxury Surfaces and Bathware Solutions brand in a short span of two decades. The Company manufactures and markets a wide range of Tiles, Engineered Marble and Quartz, Sanitar
Slide 29: Thank You
THANK YOU 28
Asian Granito India — Q3 FY2024 Earnings Presentation on 6ix