Asian Granito India Limited · NSE:ASIANTILES
Asian Granito India — Q2 FY26 Earnings Presentation
37 slides from Asian Granito India's earnings presentation, Nov 12, 2025
Slide 1: Cover letter to stock exchanges
Date: 12 November, 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 – 400 001 Mumbai- 400 051 Company Code
Slide 2: Investor Presentation Q2FY26
° | Premium AGL aPappa les - Marble - Quartz- Bathware mat AANNMH investor PRESENTATION - Q2FY26
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
Quality Driven Tiles and Bathware Brand Incorporated in 1995; commenced tiles operations in 2001 Headquartered at Ahmedabad, Gujarat New age luxury surfaces, bathroom solutions company 4th Largest Listed ₹ 1,280 Cr 54.5 Mn Sqm 100+ Ceramic Tiles Company FY25 Revenue 1 Installed Capacity 3 Coun
Slide 5: A Journey Full of Evolution and Growth
A Journey Full of Evolution and Growth 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 with 4,000 Sq. Mtrs. Introduced India’s largest New d
Slide 6: Vision Is The Art Of Seeing What Is Invisible To Others
Vision Is The Art Of Seeing What Is Invisible To Others VISION VALUES To become a Global leader in INTEGRITY providing innovative lifestyle solutions We are fair and ethical while taking every decision. DISCIPLINE to make lives more beautiful and to We create and adhere to a strict code of conduct.
Slide 7: Financial Performance
Financial Performance
Slide 8: Standalone Summarized Financial Performance – Q2FY26 & H1FY26
Standalone Summarized Financial Performance – Q2FY26 & H1FY26 Q2FY26 Revenue from Operations (₹ crore) EBIDTA (₹ crore) & EBITDA Margin (%) PAT (₹ crore) & PAT Margin (%) YoY -4% YoY 999% YoY 638% 283 10 8 12 15% 10 10% 8 13% 10 272 8 8% 11% 5 8 9% 6 6% 260 3% 6 2% 7% 4% 3% 4 4% 4 5% 2 -0.4% 3% 1% 2
Slide 9: Standalone Profit & Loss – Q2FY26 & H1FY26
Standalone Profit & Loss – Q2FY26 & H1FY26 Particulars (₹ crore) Q2FY26 Q2FY25 YoY (%) Q1FY26 QoQ (%) H1FY26 H1FY25 YoY (%) Revenue from Operations 272.42 282.90 -4% 259.64 5% 532.06 524.65 1% Other Income 5.52 5.56 5.96 11.49 10.88 Total Income 277.95 288.46 -4% 265.60 5% 543.55 535.53 1% Expenditu
Slide 10: Standalone Balance Sheet – H1FY26
Standalone Balance Sheet – H1FY26 Particulars (₹ crore) FY25 H1FY26 Particulars (₹ crore) FY25 H1FY26 Assets Equity Equity share capital 231.91 231.91 Fixed Assets 205.96 196.43 Tangible Net worth 1,440.00 1,452.98 Liabilities Other non-current assets 908.96 946.32 Non-current liabilities Inventory
Slide 11: Consolidated Summarized Financial Performance – Q2FY26 & H1FY26
Consolidated Summarized Financial Performance – Q2FY26 & H1FY26 Q2FY26 Revenue from Operations (₹ crore) EBIDTA (₹ crore) & EBITDA Margin (%) PAT (₹ crore) & PAT Margin (%) YoY 8% YoY 148% YoY 1290% 37 16 40 407 15% 18 10% 35 13% 16 9% 25 30 9% 11% 8% 388 14 6% 25 9% 7% 12 20 15 10 8 4% 6% 376 7% 5%
Slide 12: Consolidated Profit & Loss – Q2FY26 & H1FY26
Consolidated Profit & Loss – Q2FY26 & H1FY26 Particulars (₹ crore) Q2FY26 Q2FY25 YoY (%) Q1FY26 QoQ (%) H1FY26 H1FY25 YoY (%) Revenue from Operations 406.92 376.07 8% 388.24 5% 795.17 736.15 8% Other Income 3.34 1.23 4.80 8.14 2.12 Total Income 410.27 377.30 9% 393.04 4% 803.31 738.27 9% Expenditure
Slide 13: Consolidated Balance Sheet – H1FY26
Consolidated Balance Sheet – H1FY26 Particulars (₹ crore) FY25 H1FY26 Particulars (₹ crore) FY25 H1FY26 Assets Equity Equity share capital 231.91 231.91 Fixed Assets 929.64 906.91 Tangible Net worth 1,442.51 1,467.51 Liabilities Other non-current assets 108.95 124.92 Non-current liabilities Inventor
Slide 14: Consolidated Exports Revenue – Q2FY26 & H1FY26
Consolidated Exports Revenue – Q2FY26 & H1FY26 18% 20% 350 20% 16% 90 22% 17% 16% 16% 16% 18% 80 300 15% 291 77 16% 17% 70 250 13% 14% 246 60 63 64 226 12% 216 12% 200 202 50 10% 150 40 8% 7% 127 30 6% 100 20 4% 2% 50 2% 10 - 0% - -3% FY21 FY22 FY23 FY24 FY25 H1FY26 Q2FY25 Q1FY26 Q2FY26 Export Sales
Slide 15: Key Business, Operational and Financial Result Highlights – Q2FY26
Key Business, Operational and Financial Result Highlights – Q2FY26 Business Performance Operational Performance Financial Performance Revenue from operation increased by 8% to Average gas cost for Q2FY26 was ₹ 28.50/scm as ₹ 407 Cr Export revenue at ₹ 64 Cr; 16% of the revenue and compared to
Slide 16: Overview on Business Segments
Overview on Business Segments
Slide 17: Ceramic Tiles - Business Overview
Ceramic Tiles - Business Overview Over the years, Asian Granito has created a strong brand recall in the Organized Tiles market Product Basket: AGL Advantage: AGL’S Presence in Tiles 2001 Ceramic Tiles (Wall & Floor) Glazed Vitrified Tiles (GVT) Innovation, reliability, adaptability, Manufacturing
Slide 18: Ceramic Tiles – Operational and Financial Performance
Ceramic Tiles – Operational and Financial Performance Production Volume Data Revenue Break Up* Million Sq.Mtr Rs. In Crore 0.35 0.60 42.16 55.64 92.96 110.41 6.17 5.25 Outsourcing 204.35 173.29 1.08 1.48 Q2FY25 Q2FY26 Subsidiary Q2FY25 Q2FY26 Own Manufacturing 84.20 108.43 0.89 1.17 216.69 202.30 12
Slide 19: Ceramic Tiles – Niche Products
Ceramic Tiles – Niche Products 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 Over the years, Asian Granito has created a strong brand recall in the Organized Marble & Quartz market Product Basket: AGL Advantage: AGL’S Presence in Marble and Quartz 2009 2011 Marble The exceptional durability and scratch resistance of our marble Marble Man
Slide 21: Marble & Quartz - Operational and Financial Performance
Marble & Quartz - Operational and Financial Performance Production Volume Data Revenue Break Up Million Sq.Mtr Rs. In Crore 52.28 0.23 50.63 0.20 Subsidiary Q2FY25 Q2FY26 Q2FY25 Q2FY26 0.46 104.56 0.39 91.95 H1FY25 H1FY26 H1FY25 H1FY26
Slide 22: Sanitaryware & Bathware - Business Overview
Sanitaryware & Bathware - Business Overview Product Basket: AGL Advantage: AGL’S Presence in Bathware Oct 2023 Sanitaryware Foray into bathware enabled a strategic diversification of Manufacturing since Water Closets, Basins, Urinals, product portfolio Cisterns, 10 Countries of export Previously
Slide 23: Sanitaryware - Financial Performance
Sanitaryware - Financial Performance Revenue Break Up Revenue Break Up Rs. In Crore Rs. In Crore 23.88 26.30 50.18 19.48 33.69 Q2FY25 Q1FY26 Q2FY26 H1FY25 H1FY26
Slide 24: Product Innovation
Product Innovation 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 Body tiles in India White Double Charge Jumbo Double C
Slide 25: Manufacturing Facilities
Manufacturing Facilities 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 Amazoone Dalpur Plant (Quartz) Crystal Mehsana Plant (GVT) GRESART Morbi Plant (Digital Wall Tile) Future Ceramics Mo
Slide 26: Business Presence / Customers
Business Presence / Customers
Slide 27: 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 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 Owned across 32 states and Partners across union territ
Slide 28: Marquee Corporate, Institutional and Projects Clientele
Marquee Corporate, Institutional and Projects Clientele Government Projects Builders Banks Corporates Apparel Hotels Multiplex Eatery Brands
Slide 29: Brand Visibility: Approach, Initiatives and Practice
Brand Visibility: Approach, Initiatives and Practice
Slide 30: Our Brand Ambassador Ranbir Kapoor
Our Brand Ambassador Ranbir Kapoor * Advertisement Videos
Slide 31: Advertisement - Focused and Strategic
Advertisement - Focused and Strategic
Slide 32: Advertisement - Focused and Strategic
Advertisement - Focused and Strategic
Slide 33: 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 34: Shareholding Pattern
Shareholding Pattern
Slide 35: Shareholding Pattern
Shareholding Pattern NSE Ticker ASIANTILES BSE Ticker 532888 Share Price (₹)^ 57.64 Sep Market Cap (₹ Mn)^ 13,367 2025 % Free Float^ 66.54% Free float market cap (₹ Mn)^ 8,895 Shares outstanding^ 23,19,11,649 3M ADTV (Shares) 2,04,358 PROMOTER 33.46% 3M ADTV (₹ Mn) 12.40 Public 66.54% Industry Ceram
Slide 36: Investment Rationale
Investment Rationale Brand Recall in One of players in the organized market with good brand presence and recall in the marketplace Organized Market As a key player in the Indian ceramic industry, company aim to capture a higher market share by continuous product Innovative Products development and i
Slide 37: 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