| Scrip Code | 532888 |
|---|---|
| NSE Symbol | ASIANTILES |
| MSEI Symbol | NOTLISTED |
| ISIN | INE022I01019 |
| Name of company | Asian Granito India Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 11-08-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 04-08-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Single segment |
| Description of single segment | Ceramic Tiles and Allied Products |
| Start date and time of board meeting | 11-08-2026 15:30:00 |
| End date and time of board meeting | 11-08-2026 17:00:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | Yes |
| No. of times funds raised during the quarter | 1 |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| Not Applicable | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 27,776.57 | 27,776.57 | |
| Other income | 61.00 | 61.00 | |
| Total income | 27,837.57 | 27,837.57 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 1,292.19 | 1,292.19 |
| (b) | Purchases of stock-in-trade | 18,172.64 | 18,172.64 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 675.15 | 675.15 |
| (d) | Employee benefit expense | 2,149.98 | 2,149.98 |
| (e) | Finance costs | 340.96 | 340.96 |
| (f) | Depreciation, depletion and amortisation expense | 288.15 | 288.15 |
| (f) | Other Expenses | ||
| 1 | Power and Fuel Expense | 2,046.00 | 2,046.00 |
| 2 | Other Expenses | 2,536.35 | 2,536.35 |
| Total other expenses | 4,582.35 | 4,582.35 | |
| Total expenses | 27,501.42 | 27,501.42 | |
| 3 | Total profit before exceptional items and tax | 336.15 | 336.15 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 336.15 | 336.15 |
| 6 | Tax expense | ||
| 7 | Current tax | 105.05 | 105.05 |
| 8 | Deferred tax | 7.25 | 7.25 |
| 9 | Total tax expenses | 112.30 | 112.30 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 223.85 | 223.85 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 223.85 | 223.85 |
| 17 | Other comprehensive income net of taxes | 8.25 | 8.25 |
| 18 | Total Comprehensive Income for the period | 232.10 | 232.10 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 29,647.53 | 29,647.53 | |
| Face value of equity share capital | 10 | 10 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 0.08 | 0.08 | |
| Diluted earnings (loss) per share from continuing operations | 0.08 | 0.08 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 0.08 | 0.08 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 0.08 | 0.08 | |
| 24 | Debt equity ratio | 0 | 0 |
| 25 | Debt service coverage ratio | 0 | 0 |
| 26 | Interest service coverage ratio | 0 | 0 |
| 27 | Disclosure of notes on financial results | ||
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | null | null | |||||
| Net Segment Asset | null | null | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | null | null | |||||
| Net Segment Liabilities | null | null | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurements of defined benefit plans | 11.02 | 11.02 |
| Total Amount of items that will not be reclassified to profit and loss | 11.02 | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 2.77 | 2.77 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 8.25 | 8.25 |
| Mode of Fund Raising | Rights Issues |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 10-05-2022 |
| Amount Raised | 44,096.02 |
| Report filed for Quarter ended | 30-06-2026 |
| Monitoring Agency | Applicable |
| Monitoring Agency Name, if applicable | ICRA Limited |
| Is there a Deviation / Variation in use of funds raised | Yes |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | Yes |
| If Yes, Date of shareholder Approval | 30-03-2023 |
| Explanation for the Deviation / Variation | Postal Ballot Notice alongwith Explanatory Statement Attached |
| Comments of the Audit Committee after review | No Comments |
| Comments of the auditors, if any | No Comments |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | Funding of Capital Expenditure for Setting up of new manufacturing units under the newly incorporated wholly owned subsidiaries of the company - Future Ceramic Pvt. Ltd. | Not Applicable | 1,73,37,27,496.00 | 0.00 | 1,73,37,27,496.00 | 0.00 | |
| 2 | Funding of Capital Expenditure for Setting up of new manufacturing units under the newly incorporated wholly owned subsidiaries of the company - AGL Sanitaryware Pvt. Ltd | Not Applicable | 45,25,52,798.00 | 0.00 | 45,25,52,798.00 | 0.00 | |
| 3 | Funding of Capital Expenditure for Setting up of new manufacturing units under the newly incorporated wholly owned subsidiaries of the company - AGL Surfaces Pvt. Ltd. | Yes | 32,16,82,822.00 | 0.00 | 0.00 | 32,16,82,822.00 | |
| 4 | Working Capital for Greenfield Projects | Yes | 39,40,00,000.00 | 30,00,00,000.00 | 30,00,00,000.00 | 9,40,00,000.00 | |
| 5 | Capex for Setting up Display Centre at Morbi | Yes | 37,23,32,279.00 | 0.00 | 0.00 | 37,23,32,279.00 | |
| 6 | General Corporate Purpose | Not Applicable | 94,74,51,000.00 | 0.00 | 94,74,51,000.00 | 0.00 | |
| 7 | Capex for Setting up Display Centre cum Office at Ahmedabad | Yes | 0.00 | 73,80,15,101.00 | 73,80,15,101.00 | 0.00 | AGL had initially entered into an agreement with an EPC contractor for the development of a Display Center in Ahmedabad, supported by an advance payment of INR 69.000 crore. However, this contract was terminated in Q4FY25. By the end of Q2FY26, INR 68.715 crore of the advance had been refunded, leaving a balance of Rs.0.285 crore still pending. Subsequently, AGL signed a new agreement with a different vendor, to whom a total of INR 73.802 crore was transferred. AGL expects to receive the remaining INR 0.285 crore from the previous contractor in upcoming quarter. Further, as confirmed by management, implementation of the project is yet to commence. |
| 8 | Setting up of Stock Point for Trading of Building Construction Material | Yes | 0.00 | 5,00,00,000.00 | 5,00,00,000.00 | 0.00 | The issuer has entered into an agreement with its wholly owned subsidiary for the setting up of a stock point for carrying out Trading Business of various building construction materials under Asian Granito India Limited Pursuant to this arrangement, an advance of INR 5.00 crore was transferred to the subsidiary during Q1FY27. Under the terms of the agreement, the subsidiary will construct a warehouse at its premises in Morbi, which will subsequently be leased to AGL for operating the stock point and carrying out the trading of building and construction materials. The subsidiary has agreed to complete the construction of the warehouse within three years from the date of execution of the agreement and hand over possession of the warehouse to AGL by May 2029. |
| Name of signatory | Dhruti Trivedi |
| Designation of person | Company Secretary and Compliance Officer |
| Place | Ahmedabad |
| Date | 11-08-2026 |