Asian Granito Reports 15.8% Sales Growth In Q3 FY26

Asian Granito India Limited (AGL), one of the largest Luxury Surfaces and Bathware Solutions brands in the country, reported a 10.60% rise in consolidated net sales at ₹ 1,219.10 Crore for the nine months ended period ended December 2025 compared to ₹ 1,102.24 Crore in the corresponding period previous year. The strong performance was backed by higher sales due to buoyant demand and operational efficiency. During this period, the company reported a net Profit of ₹ 43.83 Crore compared to a loss of ₹ 4.97 Crore. While EBITDA of ₹ 102.34 Crore, up 134.43% Y-o-Y.

Meanwhile, for December 2025 quarter (Q3FY26), the company reported a consolidated net sales growth of 15.80% at ₹ 423.93 Crore as against ₹ 366.09 Crore in the corresponding period previous year. Net profit during this period grew to ₹ 20.07 Crore compared with a loss of ₹ 4.53 Crore in the same period last year. EBITDA margin expanded 603 bps to 9.62% and EBITDA grew 210.21% to ₹ 40.80 Crore backed by operational efficiency.

The Company reported 336.25% rise in standalone net profit at ₹ 4.42 Crore for Q3FY26 on revenues of ₹268.42 Crore. EBITDA was at ₹7.91 crore against a loss of ₹1.61 Crore. For 9MFY26, revenues were at ₹ 800.48 Crore and net profit was at ₹17.39 Crore.

Financial Highlights Consolidated:

Commenting on the company’s performance during the quarter, Mr Kamlesh Patel, Chairman and Managing Director, AGL, said, “Innovating product mix and robust growth in demand backed by booming real estate market and a strong uptick in infrastructure projects supported by various government initiatives support. The strong performance is a testament of the buoyant demand. We have launched a number of new products across various categories which are expected to give a further fillip to sales moving forward. We expect a good growth in both our topline and bottom-line in the coming quarters.”

Exports account for nearly 15% in 9MFY26 of the company’s total turnover. The company recently completed the acquisition of 26 % stake in Allomex Steel Private Limited, which has now become an associate company of AGL.

The India–US trade deal, following closely on the landmark India–EU Free Trade Agreement, marks a decisive inflection point for India’s ceramic tiles and quartz industry. After facing significant headwinds in 2025 due to steep tariff escalations, the reduction of US import tariffs on Indian products to 18% has meaningfully restored competitiveness for Indian manufacturers.

This advantage is further amplified when viewed against China’s current tariff burden of approximately 34% in the US market, positioning India as a far more cost-efficient and reliable sourcing destination. The widening tariff differential is expected to directly translate into stronger export realizations, improved price competitiveness, and healthier margins, driving a tangible uplift in both top-line growth and bottom-line profitability for Indian exporters.

In FY2024, the US accounted for nearly 9% of India’s ceramic tile exports, with imports valued at USD 250–260 million. With improved market access, greater supply-chain certainty, and a favourable tariff regime, exports to the US are poised for accelerated growth.

Collectively, the India–US and India–EU trade agreements are expected to fuel sustained export momentum, diversify market risk, and firmly reinforce India’s position as a trusted global hub for high-value ceramic tiles, quartz, and advanced surface solutions.