Asian granito India Limited showcased robust financial performance in Q3FY26, demonstrating strong operational improvements and strategic positioning in the ceramics and tiles industry. The company, which completed 25 years of operations, reported significant growth across key financial metrics during its earnings conference call held on February 12, 2026.

Financial Performance Highlights

The company delivered impressive consolidated results for Q3FY26, marking substantial improvements across revenue and profitability metrics.

For the nine-month period, Asian Granito achieved a remarkable turnaround with PAT of Rs 43.83 crores compared to a revenue loss of Rs 4.97 crores in the corresponding period last year. The nine-month EBITDA improved significantly to Rs 102 crores from Rs 45 crores in the previous year.

Product Mix and Operational Improvements

The company's strong performance was driven by strategic improvements in product mix and operational efficiency. Asian Granito has invested in advanced technology including SACMI Continua machines and double digital printing facilities, enabling production of premium large-format tiles ranging from small sizes to 6 feet by 12 feet dimensions.

The company's average selling price (ASP) improved substantially, with overall realization increasing to Rs 360 per square meter compared to Rs 399 per square meter in the previous year. For large-format export products, the company achieved realization of Rs 408 per square meter compared to Rs 265 per square meter for similar domestic products.

Manufacturing and Distribution Network

Asian Granito operates an extensive manufacturing and distribution infrastructure with significant market presence:

The company maintains international presence in Africa's Senegal, London, Dubai, Sharjah, Vietnam, and Indonesia, with dedicated warehouses and product display facilities.

Export Recovery and Market Expansion

Export performance showed significant improvement following the reduction in US trade duties from 50% to 18%. Currently, exports contribute 15% of total revenue, with the company targeting an increase to 18-20% in the coming period. The company expects strong export growth in large-format tiles and quartz products.

Regionally, the company maintains balanced domestic presence with West contributing 35%, South 25%, North 25%, and East 15% of sales. In exports, GCC countries lead, followed by Europe and other international markets.

Utilization Levels and Future Plans

Current plant utilization rates vary across segments:

• Existing plants: 80-90%
• New plants: 70-80%
• Sanitary ware: 50%
• Quartz domestic line: 80%
• Large-format quartz: 10%

The company plans to achieve Rs 6,000 crores revenue by 2031 through product diversification, enhanced retail presence, and strategic expansion. For FY26, the company allocated Rs 25 crores for CAPEX, primarily for showroom development and international market expansion, with Rs 40 crores planned for FY27.

Asian Granito's strategic focus on retail expansion includes developing 500 exclusive showrooms and strengthening its premium dealer network through the AGL Times Premium club for dealers achieving over Rs 1 crore annual sales.

Source: Asian Granito India Limited Q3FY26 Earnings Conference Call Transcript

Asian granito India Limited has announced the reopening of its trading window following the declaration of its quarterly financial results. The company communicated this development to both BSE and NSE on February 4, 2026, marking the end of the trading restriction period that was implemented in accordance with regulatory compliance requirements.

Trading Window Reopening Details

The company has informed stock exchanges that the trading window will be opened after the expiry of 48 hours from the announcement of the board meeting outcomes. The specific timeline and regulatory framework governing this decision are outlined below:

Regulatory Compliance Framework

The trading window reopening follows the company's adherence to its Code of Conduct for Prevention of Insider Trading, which operates in conjunction with SEBI regulations. The company had previously announced the closure of the trading window on December 27, 2025, as part of standard regulatory compliance procedures ahead of financial results declaration.

The announcement covers the unaudited financial results for both standalone and consolidated statements for the specified period. This regulatory measure ensures compliance with insider trading prevention norms and maintains market integrity during sensitive disclosure periods.

Communication and Documentation

Company Secretary and Compliance Officer Dhruti Trivedi signed the official communication to both stock exchanges. The notification was sent to BSE Limited with company code 532888 and to the National Stock Exchange of India Limited with company code ASIANTILES.

The formal communication requested both exchanges to take the information on record, completing the regulatory notification process required for trading window management. This systematic approach ensures transparency and adherence to market regulations governing insider trading prevention measures.