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ASIANTILES Diversified 10 Feb 2026

Asian Granito India Limited — Q3 FY26

Asian Granito delivered a strong Q3 FY26 with consolidated revenue of ₹423 crore, up 15.8% YoY, driven by a shift to premium products (big format tiles, digital printing) and im...

bullish high
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Revenue ₹423 Cr +15.8%
EBITDA ₹41 Cr +210%
PAT
EBITDA Margin
Duration 53 min
Read Time 1 min read

Financial stats pending filing verification

Risk Intelligence

Material risks this quarter

Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.

Risks

R

Global trade and tariff risks

US tariffs and international trade tensions could impact export growth, though India's 18% duty is lower than China's 34%.

medium · management_commentary
R

Morbi overcapacity and industry shutdowns

Analyst raised concern about Morbi's overcapacity and plant shutdowns; management acknowledged 300 units closed in last 5 years but believes technology-driven plants will survive.

medium · analyst_question
R

Inventory buildup from retail shift

Shift to retail requires 3-4 months of inventory, increasing working capital requirements.

low · analyst_question
R

Quartz segment underutilization

Third quartz line is only 10% utilized due to US export slowdown, though management expects recovery.

medium · data_observation