Asian Granito India Ltd Research Report - 28th Oct 2016

Miscellaneous | Published on Oct 28th 2016


Considering the various initiatives taken by the government like smart cities, housing for all by 2022, and push towards providing sanitation would create a new demand avenue for entry level or lower priced tiles (ceramic tiles). We expect AGIL to report net revenue CAGR of ~9% to ~ Rs1,182cr over FY2016-18E. On the bottom-line front, we expect CAGR of ~39% to Rs48cr over FY2016-18E, owing to better product mix, higher B2C sales and amalgamation synergy. Hence, we recommend a BUY rating on the stock.

Download Full Report


CMP 273
Target Price 351
Investment Period12 Months

Stock Info

MCAP BSE (Rs in Cr)Array
MCAP NSE (Rs in Cr)Array
P/E (x)Array
EPS (Rs.)Array
BV (Rs.)Array
Div Yield (%)Array
FV (Rs.)Array
P/BV (x)Array
EV/Sales (x)Array
EV/EBITDA (x)Array

Shareholding Pattern (%)

Public & Others62.0
Grand Total100.0

Trade Securely


Portfolio Tracking & Trading Application View Demo