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Press background on Asian Granito India Ltd.
Company profile
Asian Granito India Limited is today among the top four ceramic tile manufacturers in India and one of the most profitable company in its segment. Company manufactures and markets interior and infrastructure products like vitrified wall and floor tiles, marble and quartz stone. Established in the year 2000, company has grown its manufacturing capacity 40-fold in 14 years, from 2500 square metres per day in the year 2000 to over 1 lakh square metres currently (including outsourcing). Company also exports to nearly 42 countries worldwide. Headquartered in Ahmedabad, Asian Granito India Limited is listed on NSE and BSE and reported net sales of Rs 757 crore in 2013-14. The attribute of constantly innovating and ‘leading the change’ has made AGL one of the fastest growing ceramic companies in the space decor industry. The company’s vision is to enhance customer satisfaction and its image worldwide so as to achieve exponential growth globally in ceramic and decor solutions. AGL has an extensive marketing and distribution network which comprises of over 3000 dealers and sub-dealers covering each and every state of the country. Company has also open more than 60 + exclusive showrooms under ‘AGL tiles world exclusives’ for showcasing its product range. Promoted in 2000 by Mr. Kamlesh Patel and Mr. Mukesh Patel, AGL currently enjoys healthy footprints in around 42 countries. The company has produced 13 crore square meter of space décor under their leadership. AGL has eight states of art ultra modern plants manufacturing world class Tiles, Marble & Quartz in Gujarat. Company’s facilities are ISO 9001:2008 and ISO 14001:2004 certified and are fully equipped with latest technologies to give contemporary touch to its products
 Recent press releases
Asian Granito India Limited Reports PAT of Rs. 19.8 Crore in Q2FY21, Growth of 57.2%

Net Sales in Q2FY21 stood at Rs. 344.3 crore; Exports were at Rs. 52.3 crore
Tiles Division revenue growth of 15% YoY; Bathware division also seen strong demand
Company recently inaugurates 15,000 sq. ft. AGL Export House at Morbi to boost exports
 
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Asian Granito India Ltd. Inaugurates 15,000 sq. feet AGL Export House at Morbi to Boost Exports

Highlights:
Export House to offer 3,000 plus products in all sizes, designs, and finishes in sync with evolving customer preferences 
Company has set a target to increase its retail touch points to over 10,000 from 6,500 currently, Exclusive showrooms to increase to... (more)
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Asian Granito India Ltd. Eyes Robust Sales Growth from 'Bharat' Markets

 
Highlights:
Rural, Semi-urban, Tier II & III towns contributed over 70% of company sales in FY20
With a focus on Vocal For Local, company has launched "Atmanirbhar Program” with an objective to drive sales in semi-urban and rural markets(more)
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Asian Granito India Ltd. Reports Consolidated Sales of Rs. 129.40 Crore in Q1FY21

Green shoots in demand visible especially from rural, semi-urban and retail sales
Atmanirbhar India Program launched by the company in June 2020 seeing good response
Export business stands at around 23.8% of total revenues in Q1FY21 vis-a-vis 13.1% in the Q1FY20; Compa... (more)
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Asian Granito India to Benefit from Tiles and Quartz Exports

BSE and NSE listed Asian Granito India Limited (AGIL) is bullish on the demand for the quartz from USA market on account of sharp decline in CVV and Anti-dumping duty by USA on import of Indian Quartz. Earlier USA had levied CVV and Anti-dumping duty of 87.5% on Indian Quartz, however now t... (more)
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Asian Granito India Ltd PAT up 31% in Q1 of FY 2014-15

Financial Highlights (Rs Crore)
Particulars
Q1
FY 15
 
Q1
FY 14
 
Quarter
growth (%)
Net Sales
175.98
156.82
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