Asian Granito India Ltd. reported improved operational and financial performance during Q2 and H1 of FY 2025-26 ended 30th September 2025. For H1FY26, company reported consolidated net profit of Rs. 23.2 crore as against net loss of Rs. 1 crore in the corresponding period last year. Net Sales for the H1FY26 rise 8% Y-o-Y to Rs. 795.2 crore as compared to Net sales of Rs. 736.2 crore in H1FY25. EBITDA for H1 FY26 was reported at Rs. 61.5 crore (EBITDA margin 7.7%), 102% Y-o-Y rise as compared to EBITDA of Rs. 30.5 crore (EBITDA margin 4.1%) in H1FY25.
Highlights: – Q2FY26 Results
- Consolidated Net Sales stood at ₹406.9 crore in Q2FY26, compared to ₹376.1 crore in Q2FY25, reflecting healthy YoY growth.
- EBITDA increased to ₹36.7 crore with an EBITDA margin of 9.0%, up by 508 bps YoY, as against ₹14.8 crore (3.9% margin) in the corresponding quarter last year.
- Consolidated Net Profit surged to ₹15.6 crore in Q2FY26, compared to ₹1.2 crore in Q2FY25, marking a strong turnaround in profitability.
- Exports for Q2FY26 stood at ₹64 crore, reflecting a 17% YoY decline compared to ₹77 crore in Q2FY25.
- In H1FY26, on the consolidated basis, company has reported a net profit of Rs. 23.2 crore, EBITDA of Rs. 61.5 crore and net sales of Rs. 795.1 crore.
Standalone Highlights: – Q2FY26 Results
- Standalone Net Sales stood at ₹272.4 crore in Q2FY26, compared to ₹292.9 crore in Q2FY25.
- EBITDA increased to ₹10.5 crore with an EBITDA margin of 3.9%, up by 426 bps YoY, as against ₹-1.2 crore (-0.4% margin) in the corresponding quarter last year.
- Consolidated Net Profit surged to ₹7.8 crore in Q2FY26, compared to ₹-1.2 crore in Q2FY25, marking a strong turnaround in profitability.
- In H1FY26, the company has reported a net profit of Rs. 13.0 crore, EBITDA of Rs. 18.4 crore and net sales of Rs.532.1 crore.
- The composite scheme of arrangement for Asian Granito India Ltd, involving demerger of the tile manufacturing business has become effective on 1st July 2025 post approval by The National Company Law Tribunal, Ahmedabad Bench.
Under the scheme:-
- Shareholders of Affil Vitrified Pvt Ltd to get 73 fully paid equity shares of Rs. 10 each of Asian Granito India Ltd for every 40 equity shares of Rs. 10 each held in Affil Vitrified Pvt Ltd.
- Shareholders of Ivanta Ceramics Industries Pvt Ltd to get 479 fully paid up equity shares of Rs. 10 each of Asian Granito India Ltd for every 12 equity shares of Rs. 10 each held in Ivanta Ceramics Industries Pvt Ltd.
- Shareholders of Crystal Ceramic Industries Ltd to get 695 fully paid up equity shares of Rs. 10 each of Asian Granito India Ltd for every 426 equity shares of Rs. 10 each held in Crystal Ceramic Industries Ltd.
