Asahi India Glass
937.30
-21.80(-2.27%)
Market Cap₹23,894.33 Cr
PE Ratio79.22
IndustryAutomobiles
Company Performance:
1D-2.27%
1M-5.91%
6M+10.05%
1Y+44.94%
5Y+238.99%
View Company Insightsright
Latest news about Asahi India Glass
Asahi India Glass Partners with Adani Green for 20.8 MW Wind-Solar Hybrid Power Project 5 days ago
Asahi India Glass has partnered with Adani Green Energy to procure 20.8 MW of wind-solar hybrid power from Khavda, Gujarat, with Asahi subscribing to at least 26% equity share capital. The project includes 25 MW solar and 20.8 MW wind capacity, supporting Asahi's goal to shift 70% of energy consumption to renewables by 2030. The company currently consumes 490,877 GJ from renewable sources and has also initiated green hydrogen projects in Rajasthan.
More news about Asahi India Glass
15Sept 25
Asahi India Glass Launches ₹844.79 Floor-Priced QIP, Eyes Potential 5% Discount
Asahi India Glass Limited has launched a Qualified Institutions Placement (QIP) of equity shares. The LTP Committee set a floor price of ₹844.79 per share on September 15, 2025. The company may offer up to 5% discount on the floor price. The trading window is closed until September 18, 2025, when the final issue price will be determined. This move follows approvals from the board on January 29, 2025, and shareholders on March 15, 2025.
30Jul 25
Asahi India Glass Reports Q1 Results, Announces Leadership Changes and AGM Date
Asahi India Glass Limited (AIS) reported Q1 financial results showing revenue growth but a decline in net profit. Standalone revenue increased to Rs 1,143.83 crore from Rs 1,062.86 crore, while net profit decreased to Rs 53.37 crore from Rs 76.46 crore. Consolidated revenue rose to Rs 1,228.74 crore from Rs 1,132.66 crore, with net profit falling to Rs 54.79 crore from Rs 76.69 crore. The company announced leadership changes, with Mr. Masahiro Takeda resigning as Director and Mr. Kazuo Ninomiya appointed as Additional Director. AIS also scheduled its 40th AGM for September 10, appointed a new Secretarial Auditor, and re-appointed an Independent Director.
11Jul 25
Asahi India Glass Set to Benefit from Extended Anti-Dumping Duty on Malaysian Clear Float Glass
The Directorate General of Trade Remedies (DGTR) has extended the anti-dumping duty on clear float glass imported from Malaysia until February 2026. This decision is expected to benefit Asahi India Glass, a leading domestic glass manufacturer, by enhancing its competitiveness, supporting pricing stability, and encouraging domestic production. The extension aims to create a more level playing field for Indian glass manufacturers by mitigating the impact of potentially unfairly priced imports.
14May 25
Asahi India Glass Reports Robust Q4 Performance with 25% Profit Surge
Asahi India Glass Ltd, a leading glass manufacturer, reported strong Q4 FY2024 results. Consolidated net profit increased by 25% to 924 million rupees, while revenue grew 7.3% to 11.80 billion rupees. Quarterly EBITDA rose 41.88% to 237.50 crore rupees, and EPS jumped 88.26% to 5.29 rupees. The company maintained a stable Operating Profit Margin of 16%. For the full fiscal year 2024, annual revenue increased by 8.20% to 4,365.90 crore rupees, though net profit slightly decreased to 325.10 crore rupees.
26Mar 25
Asahi India Glass Expands Operations with New Facility in Soniyana
Asahi India Glass Limited (AIS) has commenced commercial operations at its new float glass facility in Soniyana, Rajasthan. The company announced this expansion on March 25, 2025, in compliance with SEBI regulations. This strategic move is expected to increase AIS's production capacity and strengthen its position in the glass manufacturing industry.
25Mar 25
Asahi India Glass Expands Operations with New Soniyana Facility
Asahi India Glass Limited (AIS) has commenced commercial operations at its new float glass facility in Soniyana, Rajasthan on March 25, 2025. This strategic expansion aims to enhance AIS's production capabilities in the float glass segment, positioning the company to meet growing demand across construction, automotive, and other industries. The company has duly informed the National Stock Exchange of India Ltd. and BSE Limited of this development in compliance with SEBI regulations.
Asahi India Glass
937.30
-21.80
(-2.27%)
1 Year Returns:+44.94%
Industry Peers
Bosch
37,950.00
(+0.12%)
Bharat Forge
1,458.30
(-0.14%)
UNO Minda
1,203.20
(+0.20%)
Schaeffler India
3,801.40
(+0.31%)
Tube Investment
2,346.10
(-1.73%)
Endurance Technologies
2,558.60
(-1.13%)
Exide Industries
344.50
(-0.43%)