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Asian Granito India Limited (ASIANTILES) Fair Value & Analysis

Industrials · IN · Market cap ₹16.1B

AG Asian Granito India Limited ASIANTILES · NSE
Price₹54.68
Fair Value₹10.17
Upside-81.4%
Quality35/100
Expensive Growth
Thin margins · 1.1% net margin
Low debt · negative free cash flow
Trails peers (3/12)
Narrow moat 24/100
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Evidence: Medium Range ₹7.62 – ₹14.03 Share as image

Fair value as of: Aug 2, 2026

From 14 valuation models · updated 2 days ago

Share price +3.0% over the past month.

Below-average quality, and screening another 81% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹14.03). The favourable scenario is already priced in.
  • Weak quality (35/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (₹7.62 to ₹14.03) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹126.18 ₹34.60 Fair Value ₹10.17 Apr 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

60‑month range ₹34.60 – ₹126.18 · fair‑value band ₹7.62 – ₹14.03 · the ₹54.68 price screens above the ₹10.17 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

Asian Granito India Limited (ASIANTILES) currently trades at ₹54.68, while our model-based Fair Value estimate is ₹10.17, implying the stock looks roughly 81.4% overvalued today. We read business quality at 35/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Asian Granito India Limited generated revenue of ₹18.6B at a net margin of 1.1%. Revenue grew 14.1% year over year. It earns a return on equity of 1.3%. Net debt stands at ₹3.6B. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹7.62 (bear case) to ₹14.03 (bull case); at ₹54.68, the current price sits above that range. The share trades about 31% below its 52-week high and 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -33% fair-value upside, at -81%, ASIANTILES screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income ₹35.45 ₹33.14 ₹24.90 76
ROIC Compounder ₹8.34 ₹10.26 ₹11.94 72
Growth-Adj P/E ₹8.28 ₹11.83 ₹15.38 68
All 14 models by family
Earnings-Based
Graham-Dodd ₹4.79 ₹19.63 ₹26.73 54
Lynch FV ₹4.93 ₹7.05 ₹9.16 50
PEG = 1.0 ₹4.93 ₹7.05 ₹9.16 46
EPV ₹8.34 ₹10.26 ₹11.94 59
Multiples
P/E Multiple ₹10.56 ₹14.08 ₹17.60 63
P/S Multiple ₹8.97 ₹11.97 ₹14.96 58
P/B Multiple ₹8.97 ₹11.97 ₹14.96 55
EV/EBIT ₹14.97 ₹21.01 ₹27.06 53
EV/EBITDA ₹30.90 ₹42.25 ₹53.61 54
EV/Revenue ₹9.05 ₹14.29 ₹19.53 43
Asset-Based
NCAV (Graham) ₹25.68 ₹34.41 ₹51.36 50
Economic Profit
Residual Income ₹35.45 ₹33.14 ₹24.90 76
ROIC Compounder ₹8.34 ₹10.26 ₹11.94 72
Growth Earnings
Growth-Adj P/E ₹8.28 ₹11.83 ₹15.38 68

Widest divergence: Asset-Based (₹34.41) versus Earnings-Based (₹7.05). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) ₹18.6B
Revenue growth (YoY) +14.1%
Net margin 1.1%
Return on equity 1.3%
Free cash flow −₹689M FY2026
P/E ratio 77.5
More key figures
Operating margin -6.9%
EPS (TTM) ₹0.7000
EPS growth (YoY) +4,250%
Net debt ₹3.6B FY2026

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 35/100

Of which business quality 38 · Market factors (momentum, volatility) 34

Profitability 26
Margins and returns on capital today
Quality Growth 58
Are margins and returns improving?
Cashflow 32
Earnings quality: real cash, not paper profit
Fin. Strength 53
Balance sheet, leverage, solvency risk
Investment 65
Disciplined investing over empire-building
Low Volatility 65
Calm price path (market factor)
Momentum 24
Price trend over the last 3–12 months (market factor)
52W Momentum 17
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

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.

Full company description

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, urinals, cisterns, and seat covers; bath ware; CP fittings; faucets and construction chemicals. It distributes its products through a network of dealers and sub-dealers, display centers, and franchisee showrooms. The company was incorporated in 1995 and is headquartered in Ahmedabad, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Asian Granito India Limited reported revenue of ₹18.6B in FY2026 versus ₹15.6B in FY2022, a compound +4.4%/yr. Reported net income was ₹209M in FY2026, compounding −31.0%/yr from FY2022.

Growth Quality 43/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹18.6B
Latest YoY
+19.2%
Avg. growth/yr (3Y)
+5.9%
Avg. growth/yr (5Y)
+7.6%
Avg. growth/yr (21Y)
+18.2%
Revenue +4.4%/yr
FY22 ₹15.6B
FY23 ₹15.6B
FY24 ₹15.2B
FY25 ₹15.6B
FY26 ₹18.6B
Net income −31.0%/yr
FY22 ₹919M
FY23 −₹727M
FY24 −₹123M
FY25 ₹275M
FY26 ₹209M

ASIANTILES screens 81% overvalued. Compare with Trane Technologies plc →

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Cite: Fair Value Calculator (2026). "Asian Granito India Limited Fair Value". https://www.fairvalue-calculator.com/stock/ASIANTILES

Peer Group

Building Products & Equipment · 256 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 35 · Bottom 25%
Fair Value upside −81% · Bottom 25%
Return on equity (TTM) 1% · Below median
Return on assets 1% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) -7% · Bottom 25%
Revenue growth 14% · Top 25%
Debt / equity 0.12× · Higher than median

Valuation Multiples vs Building Products & Equipment median · lower = cheaper

P/E (TTM) 77.5× · Pricier than 75% of peers
P/B 1.06× · Cheaper than median
P/S (TTM) 0.87× · Cheaper than median
EV/EBITDA 16.4× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 71 · sector 9
PAST 5 · sector 22
HEALTH 94 · sector 94
DIVIDEND 0 · sector 27

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Building Products & Equipment stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).

Stock Price Fair Value vs Fair Value
Trane Technologies plc TT $469.98 $212.34 -55%
Johnson Controls International plc JCI $142.81 $45.65 -68%
Carrier Global Corporation CARR $68.61 $17.35 -75%
Compagnie de Saint-Gobain S.A SGO €76.62 €101.60 +33%
Geberit AG GEBN CHF 523.20 CHF 307.66 -41%
Lennox International Inc LII $543.93 $363.09 -33%
Kingspan Group KRX €87.30 €70.76 -19%
Masco Corporation MAS $78.04 $54.36 -30%
PT Impack Pratama Industri Tbk, IMPC 1,420 IDR 179.76 IDR -87%
NIBE Industrier AB NIBEB kr 36.03 kr 25.37 -30%

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Frequently asked questions

Is Asian Granito India Limited (ASIANTILES) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹10.17 versus a price of ₹54.68, about −81% (overvalued).
What is the fair value of ASIANTILES?
Our model-based fair value for Asian Granito India Limited is ₹10.17 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹54.68.
What is the quality score of ASIANTILES?
Asian Granito India Limited has a Quality Score of 35/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Asian Granito India Limited (ASIANTILES)?
Asian Granito India Limited reported trailing-twelve-month revenue of about ₹18.6B (latest available figure, as of Aug 2, 2026).
What is the net profit margin of ASIANTILES?
The net profit margin of Asian Granito India Limited is about 1.1%, meaning it keeps roughly 1.1% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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