Asian Granito India Limited · NSE:ASIANTILES
Asian Granito India — Q3 FY2025 Earnings Presentation
36 slides from Asian Granito India's earnings presentation, Feb 7, 2025
Slide 1: Investor Presentation cover letter to exchanges
------43> Beautiful Life -&--- Date: 07th February, 2025 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
Slide 2: India's Leading Premium Tiles, Marble, Quartz & Bathware Brand - Investor Presentation Q3FY25
TILES, MARBLE, QUARTZ w INDIA'S LEADING -B:1:emium & BATHWARE BRAND Tiles . Marble• Quartz • Bathware KWPappa 111 INVESTOR PRESENTATION - Q3FY25
Slide 3: Contents
1 About the Company Contents 2 Financial Performance 3 Overview on Business Segments 4 Business Presence / Customers 5 Brand Visibility 6 Shareholding Pattern 7 Investment Rationale
Slide 4: Quality Driven Tiles and Bathware Brand
~!:emium Quality Driven Tiles and Bathware Brand Tiles• Marble• Quartz • Bathware KUJPappa Incorporated in 1995; commenced tiles operations in 2001 ~ Headquartered at Ahmedabad, Gujarat New age luxury surfaces, bathroom solutions company 4th Largest Listed INR 1,305 Cr 54.5 Mn Sqm 100+ Ceramic
Slide 5: A Journey Full of Evolution and Growth
~!:emium A Journey Full of Evolution and Growth Tiles• Marble• Quartz • Bathware KUJPappa Commenced production of Commenced Quartz slab Set up first plant of Established vitrified tiles Listed on bourses. composite marble slabs; production; Launched AGL Group was Ceramic Floor Tiles with facility wi
Slide 6: Vision Is The Art Of Seeing What Is Invisible To Others
Vision Is The Art Of Seeing What Is Invisible To ~!:emium KUJPappa Others Tiles. Marble. Quartz • Bathware VISION ] VALUES ) To become a Global leader in providing INTEGRITY innovative lifestyle solutions to make We are fair and ethical while taking every decision. DISCIPLINE lives more beautiful an
Slide 7: Financial Performance
Financial Performance
Slide 8: Standalone Financial Performance – Q3&9MFY25
~!:emium Standalone Financial Performance – Q3&9MFY25 Tiles. Marble. Quartz • Bathware KUJPappa Q3FY25 Revenue from Operations (₹ crore) EBIDTA (₹ crore) & EBITDA Margin (%) PAT (₹ crore) & PAT Margin (%) YoY -8% YoY -23% YoY -75% 7 6 10% 6 5 15% 9% 5 6 320 323 5 13% 5 8% 4 11% 7% 4 6% 9% 4 5% 3 7%
Slide 9: Standalone Profit & Loss – Q3&9MFY25
~!:emium Standalone Profit & Loss – Q3&9MFY25 Tiles. Marble. Quartz • Bathware KUJPappa Particulars (₹ crore) Q3FY25 Q3FY24 YoY (%) Q2FY25 QoQ (%) 9MFY25 9MFY24 YoY (%) Revenue from Operations 295.45 320.24 -8% 322.71 -8% 895.73 954.35 -6% Other Income 6.12 9.74 5.56 17.00 30.04 Total Income 301.57
Slide 10: Standalone Balance Sheet – H1FY25
~!:emium Standalone Balance Sheet – H1FY25 Tiles. Marble. Quartz • Bathware KUJPappa Particulars (₹ crore) FY24 H1FY25 Particulars (₹ crore) FY24 H1FY25 Assets Equity Equity share capital 126.75 126.75 Fixed Assets 227.16 224.26 Tangible Net worth 1,274.53 1,281.21 Liabilities Other non-current asse
Slide 11: Consolidated Financial Performance – Q3&9MFY25
~!:emium Consolidated Financial Performance – Q3&9MFY25 Tiles. Marble. Quartz • Bathware KUJPappa Q3FY25 Revenue from Operations (₹ crore) EBIDTA (₹ crore) & EBITDA Margin (%) PAT (₹ crore) & PAT Margin (%) YoY -3% YoY 955% YoY 87% 384 18 16 15% 6 5 1% 2% 371 16 15 13% 4 14 12 11% 2 1% 360 10 9% - 0
Slide 12: Consolidated Profit & Loss – Q3&9MFY25
~!:emium Consolidated Profit & Loss – Q3&9MFY25 Tiles. Marble. Quartz • Bathware KUJPappa Particulars (₹ crore) Q3FY25 Q3FY24 YoY (%) Q2FY25 QoQ (%) 9MFY25 9MFY24 YoY (%) Revenue from Operations 360.02 371.23 -3% 383.68 -6% 1,086.90 1,106.95 -2% Other Income 0.80 1.28 1.03 2.31 8.00 Total Income 360
Slide 13: Consolidated Balance Sheet – H1FY25
~!:emium Consolidated Balance Sheet – H1FY25 Tiles. Marble. Quartz • Bathware KUJPappa Particulars (₹ crore) FY24 H1FY25 Particulars (₹ crore) FY24 H1FY25 Assets Equity Equity share capital 126.75 126.75 Fixed Assets 767.52 751.49 Tangible Net worth 1,279.97 1,284.92 Liabilities Other non-current as
Slide 14: Consolidated Exports Revenue – Q3&9MFY25
~!:emium Consolidated Exports Revenue – Q3&9MFY25 Tiles. Marble. Quartz • Bathware KUJPappa 19% 22% 300 20% 90 20% 22% 17% 18% 16% 80 16% 250 15% 16% 79 246 70 77 17% 13% 226 14% 200 216 206 60 202 12% 60 12% 50 150 10% 40 8% 7% 100 30 6% 20 4% 2% 50 2% 10 - 0% - -3% FY21 FY22 FY23 FY24 9MFY25 Q3FY2
Slide 15: Key Business, Operational and Financial Result Highlights – 9MFY25
Key Business, Operational and Financial Result ~!:emium KUJPappa Highlights – 9MFY25 Tiles. Marble• Quartz • Bathware Business Performance Operational Performance Financial Performance Revenue from operation decreased by 2% to Average gas cost for 9MFY25 was ₹ 34.99/scm as Export revenue at ₹
Slide 16: Overview on Business Segments
Overview on Business Segments
Slide 17: Ceramic Tiles - Business Overview
Ceramic Tiles - Business Overview ~!:emium KUJPappa Over the years, Asian Granito has created a strong brand recall in the Organized Tiles market Tiles. Marble. Quartz • Bathware Product Basket: AGL Advantage: AGL’S Presence in Tiles 2001 Ceramic Tiles (Wall & Floor) Glazed Vitrified Tiles (GVT) I
Slide 18: Ceramic Tiles – Operational and Financial Performance
Ceramic Tiles – Operational and Financial ~!:emium KUJPappa Performance Tiles. Marble. Quartz • Bathware Production Volume Data Revenue Break Up* Million Sq.Mtr Rs. In Crore 68.75 70.58 2.16 2.19 83.89 83.13 4.90 3.94 Outsourcing 183.47 164.31 1.10 1.02 Q3FY24 Q3FY25 Subsidiary Q3FY24 Q3FY25 Own Man
Slide 19: Ceramic Tiles – Niche Products
~!:emium Ceramic Tiles – Niche Products Tiles. Marble• Quartz • Bathware KUJPappa STYLEX GRESTEK GRESTEK POLISHED NATURAL SOLAR REFLECTIVE BLAZED VITRIFIED MARBLEX DIGITAL GLAZED VITRIFIED TILES WOODEN PLANKS ROOF TILES TILES VITRIFIED TILES
Slide 20: Marble & Quartz - Business Overview
Marble & Quartz - Business Overview ~!:emium Over the years, Asian Granito has created a strong brand recall in the Organized Marble & Tiles. Marble. Quartz • Bathware KUJPappa Quartz market Product Basket: AGL Advantage: AGL’S Presence in Marble and Quartz 2009 2011 Marble The exceptional durabil
Slide 21: Marble & Quartz - Operational and Financial Performance
Marble & Quartz - Operational and Financial ~!:emium KU1Pa ppa Performance Ti~ . Marb._ •Quartz • Bathware Production Volume Data Revenue Break Up Million Sq.Mtr Rs. In Crore 13.25 0.02 9.68 0.01 42.03 39.00 0.19 Subsidiary 0.18 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Own Manufacturing 21.81 0.04 0.08 27.20 125
Slide 22: Sanitaryware & Bathware - Business Overview
~!:emium Sanitaryware & Bathware - Business Overview Tiles. Marble. Quartz • Bathware KUJPappa Product Basket: AGL Advantage: AGL’S Presence in Bathware Oct 2023 Sanitaryware Foray into bathware enabled a strategic diversification of product Manufacturing since Water Closets, Basins, Urinals, Cist
Slide 23: Product Innovation
~!:emium Product Innovation Tiles. Marble• Quartz • Bathware KUJPappa WORLD’S WHITEST 1st to Introduce 1st to Introduce 1st to Introduce 30 mm 1st to Introduce thickness Quartz stone 1st to Introduce World’s Whitest Cararra World’s 1000x1000mm Grestek XXL Large format with own manufacturing Full Bod
Slide 24: Manufacturing Facilities
® ~AGL ~!:emium Manufacturing Facilities Tiles. Marble. Quartz • Bathware KUJPappa AGL Dalpur Plant (Marble & AGL Dalpur Plant (Wall Tiles) AGL Dalpur Plant (GVT) AGL Idar Plant (Floor Tiles) AGL Dholka Plant (Wall Tiles) Quartz) ~ OWN PLANTS z ::i a.. z s0 Amazoone Dalpur Plant (Quartz) Crystal Meh
Slide 25: Business Presence / Customers
Business Presence / Customers
Slide 26: Multi-model approach to reach each corner of the country and across the world
Multi-model approach to reach each corner of the ~!:emium KUJPappa country and across the world Tiles. Marble. Quartz • Bathware Dealer Franchise Own Network Network Display Centers Subsidiaries 01 02 03 04 2,700* Dealers 277+ Exclusive and Sub-Dealers Franchise 13 Company Owned Display Company Owne
Slide 27: Marquee Corporate, Institutional and Projects Clientele
Marquee Corporate, Institutional and Projects ~!:emium KUJPappa Clientele Tiles• Marble. Quartz. Bathware Government Projects Builders II • TATAHOUSING LODHA A Nil\.'r,:nm CPSE -~ffl-- Ll(-1111 Mort ,.. Kall c • .-,.,.,,;o,n u ..i.ottt NC HDIL ,.,......., r DLr•""•"".&. 4.1,,,. 2oog MASTERS Banks Co
Slide 28: Brand Visibility: Approach, Initiatives and Practice
Brand Visibility: Approach, Initiatives and Practice
Slide 29: Our Brand Ambassador Ranbir Kapoor
~!:emium Our Brand Ambassador Ranbir Kapoor Tiles. Marble. Quartz • Bathware KUJPappa * Advertisement Videos
Slide 30: Advertisement - Focused and Strategic
~!:emium Advertisement - Focused and Strategic Tiles• Marble• Quartz • Bathware KUJPappa Style That SPEAKS FOR ITSELF Kya1$etee{Hai !
Slide 31: Advertisement - Focused and Strategic
~!:emium Advertisement - Focused and Strategic Tiles. Marble. Quartz • Bathware KUJPappa
Slide 32: 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 presence Add new dealerships and distribution Exp
Slide 33: Shareholding Pattern
Shareholding Pattern
Slide 34: Shareholding Pattern
Shareholding Pattern NSE Ticker ASIANTILES BSE Ticker 532888 Share Price (₹)^ 67.21 Dec Market Cap (₹ Mn)^ 9,883 2024 % Free Float^ 66.48% Free float market cap (₹ Mn)^ 6,570 Shares outstanding^ 14,70,45,316 3M ADTV (Shares) 7,69,951 PROMOTER 33.52% 3M ADTV (₹ Mn) 56.34 Public 66.48% Industry Cerami
Slide 35: Investment Rationale
Investment Rationale Brand Recall in Organized One of players in the organized market with good brand presence and recall in the marketplace Market As a key player in the Indian ceramic industry, company aim to capture a higher market share by continuous product development and Innovative Products i
Slide 36: Contact us
Contact us Arpit Mundra, Krishna Patel | Ernst & Young ASIAN GRANITO INDIA LIMITED E: arpit.mundra@in.ey.com (ISIN: INE022I01019; NSE: ASIANTILES; BSE: 532888) E: krishna.Patel2@in.ey.com REGISTERED & CORPORATE OFFICE: Mehul Shah | Chief Financial Officer 202 Dev Arc, Opposite Iskon Temple, E: cfo@a
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