Technical Specifications
Technical Specifications
Technical Specifications
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: 532888 Company Code: ASIANTILES
Please find attached Investor Presentation for the quarter ended on 30 th June, 2024. It is also uploaded on the
website of the Company www.aglasiangranito.com.
This information is submitted to you pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015.
Thanking You.
Yours truly,
Dhruti Trivedi
Company Secretary and Compliance Officer
Encl.: As above
1 About the Company
5 Brand Visibility
6 Shareholding Pattern
7 Investment Rationale
Quality Driven Tiles and Bathware Brand
Incorporated
in 1995; commenced tiles operations in 2001,
headquartered at Ahmedabad, Gujarat.
Launched Range ‘RAINBOW GLITZ’ Expanded Composite Marble Amalgamation of Artisique Launched double-charged polished Introduced 6-colour digital tile
& ECO BLANCO; Opened 18,000 portfolio; Introduced new Ceramic Pvt Ltd with Asian vitrified tiles; Introduced 8-colour printing; Launched 50th AGL
Sq. Ft. Showroom in Ahmedabad Multi-Colour Quartz slab range Granito India Ltd (AGL). digital printing; AGL with 8 plants tiles World
Launched Special effect Wall Tiles; Crystal Ceramics has completed Company successfully
Launched Sanitaryware Setting up of Greenfield plant
GVT MarbleX 900x1800; TAC Tile; 12,000 SQMTS/days of Glazed competed 2 consecutive
products at Himatnagar development at Morbi –
Step & Riser; Hardstone 600x1200; Vitrified Tiles brown field capacity right issue of Rs.225 cr and
showroom Future Ceramic Pvt Ltd and
Entered in Sanitaryware business expansion at its Mehsana Plant Rs.441 cr respectively AGL Sanitaryware Pvt Ltd
5
Financial Performance
Standalone Summarized Financial Performance –
Q1FY25
Q1FY25
Revenue from Operations (₹ crore) EBIDTA (₹ crore) & EBITDA Margin (%) PAT (₹ crore) & PAT Margin (%)
8
15%
293
9 9%
278 8 13%
8 8%
7
11% 7
6 7%
6 6
5 6%
4
9%
5 5 5%
3%
7%
4
2% 3% 4%
2%
4
3
1% 2% 5%
3 3%
2
3%
2 2%
1% 1 1%
1
- 0%
- -1%
FY24
Revenue from Operations (₹ crore) EBIDTA (₹ crore) & EBITDA Margin (%) PAT (₹ crore) & PAT Margin (%)
1,354 40
12%
29
30
79%
35
29
10%
30 59%
28
25 8%
28 39%
1,305 20 6% - 27
15 -3% 2% 4%
27
2% 19%
10
2%
27
26
-2% -1%
5
- 0% 26 -21%
Assets Equity
Equity share capital 126.75 126.75
Fixed Assets 238.35 227.16 Tangible Net worth 1,220.99 1,274.53
Liabilities
Other non-current assets 416.79 564.18
Non-current liabilities
Inventory 155.61 130.18 (i) Long-term Borrowings 9.43 11.87
(ii) Other non-current liabilities 14.66 23.44
Investments 13.01 20.91
Total non-current liabilities 24.09 35.32
Trade Receivable 399.36 376.69 Current liabilities
(i) Short-term Borrowings including
Cash and cash equivalents including Bank 69.79 55.48
190.27 38.61 current maturities
Balance
(ii) Trade Payables 244.58 230.15
Total current assets 952.17 851.25 (ii) Other liabilities 47.86 47.11
Total current liabilities 362.23 332.74
Total Assets 1,607.32 1,642.58 Total Equity and Liabilities 1,607.32 1,642.58
Consolidated Summarized Financial Performance –
Q1FY25
Q1FY25
Revenue from Operations (₹ crore) EBIDTA (₹ crore) & EBITDA Margin (%) PAT (₹ crore) & PAT Margin (%)
18%
424 13%
5
16%
335 343 20
16 11%
4
-4 14%
12%
9%
15
10 7%
3 10%
8%
10 5%
2
6%
3%
1% 1% 0.28 0.08% 4%
5
3% 5% 5% 1%
1
2%
- 0%
- -1%
FY24
Revenue from Operations (₹ crore) EBIDTA (₹ crore) & EBITDA Margin (%) PAT (₹ crore) & PAT Margin (%)
1,563 70 12%
90
7%
60 51 10%
80
70
6%
50 5%
60
8%
1,531 40
-4% 50 -6% 4%
30 3% 6%
40
30 - 20 3%
4%
20 2%
20
2%
10
- 0%
10
-
-1% 1%
0%
Assets Equity
Equity share capital 126.75 126.75
Fixed Assets 562.96 767.52 Tangible Net worth 1,277.35 1,279.97
Liabilities
Other non-current assets 50.87 35.19
Non-current liabilities
Inventory 255.04 267.13 (i) Long-term Borrowings 89.92 131.52
(ii) Other non-current liabilities 7.17 10.30
Investments 13.01 21.02
Total non-current liabilities 97.08 141.82
Trade Receivable 417.34 405.01 Current liabilities
(i) Short-term Borrowings including
Cash and cash equivalents including Bank 136.59 116.69
210.33 57.02 current maturities
Balance
(ii) Trade Payables 304.72 275.18
Total current assets 1,127.68 1,100.45 (ii) Other liabilities 105.95 93.18
Total current liabilities 547.26 485.05
Total Assets 1,921.69 1,906.84 Total Equity and Liabilities 1,921.69 1,906.83
Consolidated Exports Revenue – Q1FY25
300
17% 18%
16% 90
18%
21%
15% 16%
80
250
226
200
216 12%
60
202 11%
10%
50
150
8%
40
49 50
6%
100 6%
30
4%
20
1%
50
2%
10
- 0%
- -4%
Export revenue at ₹ 50 Cr; 15% of the revenue Revenue from operation increased by 3% to Average gas cost for Q1FY25 was ₹ 34.79/scm as
₹343 Cr compared to ₹ 38.44/scm in Q1FY24
Domestic revenue at ₹ 293Cr; West (42%), North
(26%), South (21%) and East (12%) EBITDA increased by 67% to ₹ 16 Cr due to Average propane gas cost for Q1FY25 was ₹ 57.91/kg
marginal softening in gas prices and raw material as compared to 55.32/kg in Q1FY24
RetailSales (72%), Institutional Sales (20%) and prices
Government Sales (9%) The Company is constantly coming up with new
PAT increased by 108% to ₹ 0.28 Cr
Ceramic Tiles production volume increased by 16% products by using latest technology like Robotech
to 7.69 MSM Technology
Marble & Quartz production volume increased by The Company has received “No Objection” from
5% to 0.19 MSM stock exchanges, BSE and NSE for the proposed
Demerger Scheme of Arrangement amongst Asian
Revenue from Sanitaryware at ₹ 12 Cr increased by Granito India Ltd and other entities
21% YoY
Embarked on a journey to achieve a long-term vision
of achieving a total revenue of ₹ 6,000 Cr
Overview on
Business Segments
Ceramic Tiles - Business Overview
Over the years, Asian Granito has created a strong brand recall in the Organized Tiles market
Company has entered into Joint Venture Agreement (“JVA”) with various individuals of Nepal and incorporated new company namely Nepovit Ceramic Pvt Ltd. as an Joint
Venture Company (“JVC”) to set up wall tiles manufacturing unit in Nepal for which the Company has made required initial investment as per JV Agreement.
Hospitals Institutional
Ceramic Tiles – Operational and Financial
Performance
4.73 89.53
3.02 Outsourcing 219.26
107.74
1.68 1.25
Q1FY24 Q1FY25 Subsidiary Q1FY24 Q1FY25
Own Manufacturing
323.25 283.88
7.3
8.3 268.04 328.33
11.5 18.0
1,036.63 931.29
7.5 4.7
FY23 FY24 FY23 FY24
Ceramic Tiles – Niche Products
Demand for Quartz increase in overseas market due to growing demand in Electronics & Semiconductor Industries, Hospitality, Real Estate, Residential and Institutional.
Hospitality Institutional
Marble & Quartz - Operational and Financial
Performance
Q1FY24 Q1FY25
Q1FY24 Q1FY25 Own Manufacturing
0.12 28.11
0.88
194.78
0.74 180.95
Company has a vision to be among top player in the sanitaryware space with the launch of its first plant and expects turnover of around Rs. 400 crore from Sanitaryware &
Bathware division in five years
Hospitals Institutional
Product Innovation
WORLD’S WHITEST
Amazoone Dalpur Plant (Quartz) Crystal Mehsana Plant (GVT) GRESART Morbi Plant (Digital Wall Tile) Future Ceramics Morbi (GVT)
SUBSIDIARY
Associate Morbi Plant (Affil) Associate Morbi Plant (Ivanta) Associate Morbi Plant (Adicon)
OUTSOURCING
Business Presence /
Customers
Multi-model approach to reach each corner of the
country and across the world
01 02 03 04
Banks
Corporates Apparel
Hotels
Multiplex Eatery Brands
Brand Visibility:
Approach, Initiatives and Practice
Our Brand Ambassador Ranbir Kapoor
Advertisement - Focused and Strategic
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
The Company’s customer outreach spans over 14,000+ touchpoints across 35 states and union territories in India. This
Customer Outreach:
encompasses 2,700+ dealers and sub-dealers , 235 exclusive franchise stores, and 12 Company-owned display centers.
As a key player in the Indian ceramic industry, company aim to capture a higher market share by continuous product
Innovative Products:
development and introducing new designs that align with customer requirements and evolving market trends.
Company has a passionate and talented team of employees who are steered by the experience and vision of our senior
People Strength:
leadership and promoters.
The Company focus on strategic pricing to enable their trade partners to optimize their profit margins and effectively
Competitive Pricing:
compete in their markets.
Strengthened Supply Through the implementation of various measures, company fortified their supply chain, ensuring swifter deliveries and
Chain: reliable service.
Enhanced Quality Reinforcing the commitment to achieving zero defect deliveries, company focus on quality measures across the value
Control: chain.
Contact us
ARPIT MUNDRA & KRISHNA PATEL | EY IR
ASIAN GRANITO INDIA LIMITED E: [email protected]
(ISIN: INE022I01019; NSE: ASIANTILES; BSE: 532888) E: [email protected]