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%.
ASIANTILES / Q3-FY26 / risks
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Asian Granito India · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
medium
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.
Inventory buildup from retail shift
Shift to retail requires 3-4 months of inventory, increasing working capital requirements.
Quartz segment underutilization
Third quartz line is only 10% utilized due to US export slowdown, though management expects recovery.