Asian Granito India Limited
Asian Granito India Limited, together with its subsidiaries, engages in the manufacture and trade of tiles, marbles, and related products in India. It operates in two segments, Tiles & Other and Marble & Quartz. The company offers floor, wall, and parking tiles; glazed and polished vitrified tiles; countertops; quartz and marble surfaces; sanitary ware comprising showers, water closets, basins, u… Read more
Asian Granito India Limited (ASIANTILES) - Net Assets
Latest net assets as of September 2025: ₹14.68 Billion INR
Based on the latest financial reports, Asian Granito India Limited (ASIANTILES) has net assets worth ₹14.68 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹22.88 Billion) and total liabilities (₹8.20 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹14.68 Billion |
| % of Total Assets | 64.14% |
| Annual Growth Rate | 22.19% |
| 5-Year Change | 110.0% |
| 10-Year Change | 260.68% |
| Growth Volatility | 31.59 |
Asian Granito India Limited - Net Assets Trend (2005–2025)
This chart illustrates how Asian Granito India Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Asian Granito India Limited (2005–2025)
The table below shows the annual net assets of Asian Granito India Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹13.77 Billion | +7.59% |
| 2024-03-31 | ₹12.80 Billion | +0.20% |
| 2023-03-31 | ₹12.77 Billion | +34.08% |
| 2022-03-31 | ₹9.53 Billion | +45.27% |
| 2021-03-31 | ₹6.56 Billion | +19.99% |
| 2020-03-31 | ₹5.47 Billion | +12.18% |
| 2019-03-31 | ₹4.87 Billion | +5.00% |
| 2018-03-31 | ₹4.64 Billion | +9.59% |
| 2017-03-31 | ₹4.23 Billion | +10.90% |
| 2016-03-31 | ₹3.82 Billion | +31.76% |
| 2015-03-31 | ₹2.90 Billion | +5.22% |
| 2014-03-31 | ₹2.75 Billion | +4.08% |
| 2013-03-31 | ₹2.65 Billion | +10.45% |
| 2012-03-31 | ₹2.40 Billion | +6.97% |
| 2011-03-31 | ₹2.24 Billion | +8.55% |
| 2010-03-31 | ₹2.06 Billion | +8.73% |
| 2009-03-31 | ₹1.90 Billion | +13.66% |
| 2008-03-31 | ₹1.67 Billion | +132.13% |
| 2007-03-31 | ₹719.25 Million | +72.14% |
| 2006-03-31 | ₹417.82 Million | +66.87% |
| 2005-03-31 | ₹250.39 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asian Granito India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 406649000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹4.07 Billion | 29.73% |
| Common Stock | ₹1.47 Billion | 10.75% |
| Other Comprehensive Income | ₹428.80 Million | 3.13% |
| Other Components | ₹7.71 Billion | 56.39% |
| Total Equity | ₹13.68 Billion | 100.00% |
Asian Granito India Limited Competitors by Market Cap
The table below lists competitors of Asian Granito India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Banque Nationale de Belgique S.A.
LSE:0DT1
|
$84.17 Million |
|
Tai Tung Communication Co Ltd
TW:8011
|
$84.20 Million |
|
GoPro Inc
NASDAQ:GPRO
|
$84.21 Million |
|
Geojit Financial Services Limited
NSE:GEOJITFSL
|
$84.24 Million |
|
Metropolitan Kentjana Tbk
JK:MKPI
|
$84.16 Million |
|
JTL Industries Ltd
NSE:JTLIND
|
$84.15 Million |
|
U2Bio Co., Ltd.
KQ:221800
|
$84.13 Million |
|
Dimeco Inc
OTCQX:DIMC
|
$84.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asian Granito India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,673,347,000 to 13,678,431,000, a change of 1,005,084,000 (7.9%).
- Net income of 275,405,000 contributed positively to equity growth.
- Share repurchases of 769,571,000 reduced equity.
- New share issuances of 733,084,000 increased equity.
- Other comprehensive income decreased equity by 247,184,000.
- Other factors increased equity by 1,013,350,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹275.40 Million | +2.01% |
| Share Repurchases | ₹769.57 Million | -5.63% |
| Share Issuances | ₹733.08 Million | +5.36% |
| Other Comprehensive Income | ₹-247.18 Million | -1.81% |
| Other Changes | ₹1.01 Billion | +7.41% |
| Total Change | ₹- | 7.93% |
Book Value vs Market Value Analysis
This analysis compares Asian Granito India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.60x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 3.82x to 0.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹15.73 | ₹60.07 | x |
| 2006-03-31 | ₹26.25 | ₹60.07 | x |
| 2007-03-31 | ₹32.31 | ₹60.07 | x |
| 2008-03-31 | ₹57.21 | ₹60.07 | x |
| 2009-03-31 | ₹56.92 | ₹60.07 | x |
| 2010-03-31 | ₹61.89 | ₹60.07 | x |
| 2011-03-31 | ₹67.18 | ₹60.07 | x |
| 2012-03-31 | ₹71.86 | ₹60.07 | x |
| 2013-03-31 | ₹75.59 | ₹60.07 | x |
| 2014-03-31 | ₹77.95 | ₹60.07 | x |
| 2015-03-31 | ₹81.06 | ₹60.07 | x |
| 2016-03-31 | ₹81.32 | ₹60.07 | x |
| 2017-03-31 | ₹83.77 | ₹60.07 | x |
| 2018-03-31 | ₹90.63 | ₹60.07 | x |
| 2019-03-31 | ₹94.71 | ₹60.07 | x |
| 2020-03-31 | ₹108.62 | ₹60.07 | x |
| 2021-03-31 | ₹113.94 | ₹60.07 | x |
| 2022-03-31 | ₹179.76 | ₹60.07 | x |
| 2023-03-31 | ₹105.37 | ₹60.07 | x |
| 2024-03-31 | ₹99.99 | ₹60.07 | x |
| 2025-03-31 | ₹99.66 | ₹60.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asian Granito India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.77%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.53x
- Recent ROE (2.01%) is below the historical average (10.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 31.23% | 13.98% | 0.86x | 2.61x | ₹53.15 Million |
| 2006 | 36.06% | 14.94% | 0.92x | 2.63x | ₹108.89 Million |
| 2007 | 32.05% | 12.13% | 1.09x | 2.43x | ₹158.59 Million |
| 2008 | 17.73% | 12.27% | 0.83x | 1.75x | ₹129.06 Million |
| 2009 | 13.18% | 7.13% | 0.98x | 1.89x | ₹60.37 Million |
| 2010 | 9.23% | 4.41% | 1.00x | 2.09x | ₹-15.95 Million |
| 2011 | 8.97% | 3.71% | 1.18x | 2.04x | ₹-23.03 Million |
| 2012 | 7.54% | 2.89% | 1.16x | 2.25x | ₹-59.05 Million |
| 2013 | 6.47% | 2.42% | 1.09x | 2.45x | ₹-93.54 Million |
| 2014 | 4.39% | 1.56% | 1.13x | 2.49x | ₹-154.47 Million |
| 2015 | 5.11% | 1.75% | 1.30x | 2.25x | ₹-141.81 Million |
| 2016 | 6.68% | 2.44% | 1.05x | 2.62x | ₹-120.59 Million |
| 2017 | 11.30% | 4.26% | 1.00x | 2.66x | ₹51.73 Million |
| 2018 | 12.21% | 4.57% | 0.97x | 2.75x | ₹95.22 Million |
| 2019 | 4.63% | 1.77% | 0.92x | 2.84x | ₹-242.40 Million |
| 2020 | 8.15% | 3.44% | 0.97x | 2.43x | ₹-95.56 Million |
| 2021 | 9.11% | 4.43% | 0.94x | 2.18x | ₹-55.97 Million |
| 2022 | 10.01% | 5.88% | 1.02x | 1.66x | ₹1.28 Million |
| 2023 | -5.79% | -4.65% | 0.81x | 1.54x | ₹-1.98 Billion |
| 2024 | -0.97% | -0.80% | 0.80x | 1.50x | ₹-1.39 Billion |
| 2025 | 2.01% | 1.77% | 0.74x | 1.53x | ₹-1.09 Billion |
Industry Comparison
This section compares Asian Granito India Limited's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $2,183,082,908
- Average return on equity (ROE) among peers: 18.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asian Granito India Limited (ASIANTILES) | ₹14.68 Billion | 31.23% | 0.56x | $84.16 Million |
| Ahlada Engineers Limited (AHLADA) | $194.68 Million | 13.60% | 2.13x | $3.04 Million |
| Apollo Pipes Limited (APOLLOPIPE) | $82.31 Million | 22.41% | 0.08x | $103.29 Million |
| Aro Granite Industries Limited (AROGRANITE) | $1.13 Billion | 7.80% | 0.96x | $1.76 Million |
| Astral Limited (ASTRAL) | $23.86 Million | 47.46% | 4.63x | $2.29 Billion |
| Beardsell Limited (BEARDSELL) | $587.67 Million | 14.45% | 1.51x | $3.38 Million |
| Bigbloc Construction Limited (BIGBLOC) | $298.61 Million | 8.23% | 2.56x | $18.79 Million |
| BirlaNu Limited (BIRLANU) | $11.66 Billion | 18.04% | 0.91x | $138.44K |
| Blue Star Limited (BLUESTARCO) | $4.56 Billion | 11.89% | 3.77x | $2.69 Billion |
| Cera Sanitaryware Limited (CERA) | $1.12 Billion | 23.79% | 1.14x | $219.27 Million |