Should I Buy Asian Tiles Stock in 2025? Complete Guide for Indian Investors

What is Asian Tiles?

How much is Asian Tiles stock?

The price of Asian Tiles stock is rising this week. Currently trading at ₹50.54, the stock is up by 2.52% in the last 24 hours and has gained 13.52% over the past week.

Asian Tiles' beta of 0.55 indicates lower volatility than the broader market. While momentum is positive in the short term, investors should be mindful of the high valuation and shifting trends.

Our full analysis on Asian Tiles stock

After a detailed review of Asian Tiles’ (Asian Granito India Ltd) latest financial disclosures—and a rigorous assessment of its stock dynamics across the past three years—our proprietary models have synthesized a comprehensive perspective incorporating fundamental metrics, technical indicators, sectoral drivers, and peer benchmarks. This multidimensional approach shines a spotlight on the nuanced opportunities and emerging inflection points underpinning Asian Tiles’ equity story. So, why might Asian Tiles stock once again become a strategic entry point into the ceramics and building materials sector in 2025?

Recent Performance and Market Context

Asian Tiles has recently captured market attention with a notable price rebound. Closing at ₹50.54 on the NSE as of May 19, 2025, the stock has staged an impressive rally—clocking a +13.52% gain over the past week and +11.89% over the last month. While the one-year and six-month returns remain negative at -18.48% and -24.25% respectively—primarily reflecting sectoral headwinds and post-pandemic cyclicality—these recent gains signal a possible reversal in sentiment as investors acknowledge signs of stabilization.

The broader Indian industrials sector, especially within ceramics and sanitaryware, is benefiting from tailwinds such as the government’s focus on infrastructure renewal (notably under ‘Housing for All’), a robust pipeline of commercial projects, and sustained private consumption demand. Asian Tiles—established, brand-forward and with deep distribution—appears poised to harness the next upcycle.

• Return to Profitability: Q3 FY2024-25 marked a swing back to net profit (₹0.27 Cr), reversing previous year losses and restoring confidence.
• International Expansion: New subsidiaries launched in Senegal (April 2025) and Indonesia (March 2025) provide footholds in high-potential, diversifying markets.

These factors, together with a buoyant sector context, underpin a renewed narrative of recovery and global ambition.

Technical Analysis

• Relative Strength Index (RSI) at 73.2: Signals the stock is in overbought territory in the short run, reflective of strong momentum but also increasing attention from market participants.
• MACD at 1.35: The Moving Average Convergence Divergence indicator is confirming a bullish crossover, suggesting continued strength.
• Short-Term Moving Averages: The 20-day (₹45.27) and 50-day (₹44.86) simple moving averages have been conquered decisively; the current price hovers well above these levels.
• Reversal Structure: While the longer-term trend remains bearish (stock trades below both its 100-day and 200-day SMAs), the breach of key resistance at ₹49.27, and development of higher lows, offer an early technical case for a sustained mean reversion or breakout.
• Support/Resistance: Immediate support sits at ₹49.27, with bullish targets at ₹51.66, ₹52.78, and ultimately ₹54.05, where a clear break could catalyze a more forceful upward move.

In sum, the technical structure is favoring accumulation in the short-to-medium term, with positive momentum and clear inflection levels that invite opportunistic positioning.

Fundamental Analysis

• Revenue and Profitability Trends: Q3 revenue at ₹360.02 Cr represents a modest YoY contraction (-3.02%) against a sector facing intense margin pressures. Crucially, operating profits have transitioned to positive territory (₹3.00 Cr), while net profit reversed from a loss last year to a ₹0.27 Cr gain—clear evidence of operational improvements and cost discipline.
• Valuation Metrics: The headline P/E ratio of 118.7 may initially appear elevated (relative to a sector average of 53.09), reflecting not just historical profit softness but also the anticipation of an earnings resurgence. The price-to-book ratio at 0.57 is particularly striking: the stock trades meaningfully below its book value, pointing to asset undervaluation and providing a margin of safety uncommon among its mid-cap peers. The price-to-sales ratio of 0.43 similarly underscores a conservative market stance on the stock’s topline generation—the kind of situation where a modest revenue beat could spark outsized price upside.
• Structural Strengths: Asian Tiles operates through 14 ultra-modern manufacturing units in Gujarat (spanning 54.5 million sq. meters), boasts 14,000+ retail touchpoints and a network exceeding 2,700 dealers/partners. The breadth of its product suite—tiles, marbles, sanitaryware, faucets, and quartz—positions it to capitalize on diverse construction and interior trends. The addition of exclusive franchises and global channel partners ensures both brand presence and margin resilience.
• Innovation and Global Scale: The group’s ongoing focus on international markets (over 100 countries, now including subsidiaries in Africa and Southeast Asia) signals a pivot to geographies with high infrastructure growth, currency insulation, and less intense local competition—providing longer-term growth runways.

Volume and Liquidity

• Average Daily Volume: At just over 700,000 shares (3-month rolling average), liquidity is both ample and stable—allowing large and small investors to build positions without significant price impact.
• Market Cap: With a capitalization of ₹743 Cr, Asian Tiles comfortably sits in the small-cap space, affording investors both growth potential and the likelihood of re-rating as operational milestones are achieved.
• Float Structure: Promoter holding at 33.52% and strong retail participation (52%+ held by individual investors) lends itself to dynamic price discovery and responsiveness to positive news/catalysts.

In aggregate, the liquidity profile facilitates agile trading as well as long-term institutional positioning.

Catalysts and Positive Outlook

• Strategic International Moves: The establishment of subsidiaries in Senegal and Indonesia demonstrates a proactive approach to mitigating domestic market volatility and modularizing revenue streams across emerging regions with surging real estate and infrastructure spend.
• Manufacturing Investments: Ongoing upgrades to plant automation, logistics, and capacity expansion in Gujarat enhance both cost efficiencies and scalability.
• ESG and Sustainability: The company is aligning with global sustainability frameworks, leveraging energy-efficient production, and exploring water-saving sanitaryware—enhancing its appeal to institutional investors and export markets.
• Sectoral Momentum: Rising disposable incomes in India, urbanization trends, and a government-backed push for affordable housing and infrastructure all bode well for tile and sanitaryware demand.
• Technical Inflection: The clear reversal from multi-month lows could stimulate momentum trading, algorithmic inflows, and retail catch-up buying, particularly if the price surpasses the ₹54 mark.
• Corporate Governance: Management continuity at the senior level and a deepening international talent pool position the company to execute its growth agenda with consistency and agility.

Investment Strategies

Across multiple time horizons, Asian Tiles presents a differentiated investment thesis:

Short-Term Perspective

• The stock’s strong recent uptick, technical breakout above key short-term metrics, and bullish reversal signals make it attractive for tactical, momentum-driven trades.
• Potential exists for a move toward ₹54.05, coinciding with consensus price targets near ₹65, should positive sentiment and volume persist.

Medium-Term Perspective

• For swing/investment timeframes, entry near current levels or modest dips to support at ₹49.27 offers a favorable risk/reward, targeting further appreciation on the back of upcoming results or international deal momentum.
• Monitoring revenue inflection and operational leverage as new subsidiaries ramp up will be crucial.

Long-Term Perspective

• For investors with a longer horizon, the combination of:
• asset undervaluation (P/B well below 1),
• global expansion,
• increased operational efficiency,
• and India’s sustained construction cycle,
• suggests potential for both fundamental re-rating and market share gains—making now an opportune point to begin accumulating a core position.

In each scenario, prudent position sizing and active monitoring of corporate developments are recommended as best practices.

Is it the Right Time to Buy Asian Tiles?

In summary, Asian Tiles is emerging from a challenging period with clear markers of recovery: a return to profitability, disciplined cost management, ambitious international expansion, and a compelling valuation anchored by asset-rich fundamentals. The short-term technical structure favors bullish strategies, while improving liquidity and sectoral momentum point to further upside. Recent strategic initiatives, alongside operational improvements, justify renewed investor interest.

While no stock is without risk, Asian Tiles today seems to represent an excellent opportunity for investors seeking differentiated exposure to one of India’s most dynamic building-materials stories. With key catalysts on the horizon and multiple indicators aligning in its favor, the stock’s current phase may signal the onset of a new bullish cycle.

Asian Tiles stands at the nexus of recovery and growth, offering a window of opportunity for forward-looking investors to participate in the sector’s emerging uptrend. With robust volume, actionable technical triggers, and a refreshing strategic vision, Asian Tiles may well be entering a new era of value creation for holders willing to look beyond the headlines and focus on structural strengths.

How to buy Asian Tiles stock in IN?

Buying shares of Asian Tiles (Asian Granito India Ltd) online has never been more straightforward or secure for Indian investors. Thanks to regulated brokers, you can easily access this stock through your smartphone or computer. There are two chief methods to invest: spot (cash) buying, where you directly own the shares, and CFD trading, which allows you to speculate on price movements without actual ownership. Each approach offers specific advantages and risks, so it's essential to match your choice with your goals. For help choosing the best broker, see our comparison table further down the page.

Cash buying

A cash (also called spot) purchase means buying Asian Tiles shares outright on a stock exchange like NSE or BSE via your broker. You become a part-owner of the company, entitled to potential price gains and voting rights. For Indian investors, brokers usually charge a fixed commission per order—typically around ₹20–₹25 per trade (approx. $0.25–$0.30), sometimes plus small exchange or regulatory fees.

Example

Suppose you have $1,000 (approx. ₹83,000, assuming $1 = ₹83) to invest and Asian Tiles is trading at ₹50.54 per share.
- You can buy approx. 1,640 shares (₹83,000 / ₹50.54), after accounting for a typical ₹500 ($6) brokerage fee.
- Gain scenario: If the share price rises by 10% (to ₹55.59), your holding would then be valued at ₹91,167.
- Result: Roughly +₹8,167 gross gain (+$100), representing a +10% return on your investment (excluding taxes).

Trading via CFD

CFD (Contract for Difference) trading lets you speculate on price movements of Asian Tiles without owning the actual shares. With CFDs, you can go long or short and use leverage to amplify your exposure. Typical costs include the spread (a small markup on the buy/sell price) and overnight financing fees if you keep your position open for more than a day.

Example

You open a CFD position with $1,000 (₹83,000) and apply 5x leverage—effectively controlling ₹415,000 ($5,000) worth of shares.
- Gain scenario: If the stock goes up by 8%, your position moves 8% × 5 = 40% higher.
- Result: That's a profit of ₹33,200 ($400) on your ₹83,000 ($1,000) margin (before fees and potential taxes).

Final advice

Before investing, it's crucial to compare brokers’ fees, trading platforms, and other conditions. Each broker may vary in commission, tools, and services offered, impacting your overall returns. Ultimately, the best method—cash share purchase or CFD trading—depends on your investment objectives, risk tolerance, and trading style. Explore our in-depth broker comparison listed further down this page to find the right fit for your needs and start your journey with confidence.

Our 7 tips for buying Asian Tiles stock

The latest news about Asian Tiles

Asian Granito India Ltd reported a return to profitability in Q3 FY 2024-25 after previous losses. In the third quarter results published for December 2024, the company posted a net profit of ₹0.27 Crore compared to a loss of ₹6.21 Crore in the same quarter the prior year. This performance marks a clear operational turnaround, as the company moved from a negative operating profit to a positive ₹3.00 Crore, despite a marginal 3.02% decline in revenue year-on-year. The earnings per share improved to ₹0.02 from a loss per share of ₹0.49, highlighting early signs of a recovery which is of particular interest to Indian market participants seeking confirmation of the firm’s financial health.

The stock surged over 13% in the past week, outpacing both sector and broader market indices. Currently priced at ₹50.54, Asian Granito shares demonstrated robust momentum with a weekly gain of 13.52% and a monthly appreciation of 11.89%. Technical analysis reveals the stock trading above its short-term moving averages and boasting a Relative Strength Index (RSI) above 73, entering overbought territory. These signals suggest increased investor optimism and renewed buying interest, potentially reflecting confidence in the recent operational improvements and international growth initiatives.

Asian Granito’s global expansion strategy advanced with new subsidiaries in Senegal and Indonesia. The incorporation of AGL SURFACES SARL in Senegal in April 2025, and a new subsidiary in Indonesia in March 2025, underscores the company’s commitment to international markets. By securing a 60% stake in the Senegalese entity focused on building materials trade, and extending its reach into Southeast Asia, the company is positioning itself to diversify revenues and mitigate challenges in the Indian ceramic and tiles sector, a development that can drive medium-term growth and enhance its global reputation.

Despite a high P/E, the stock trades well below book and sales value highlighting potential value opportunity. Although the current price-to-earnings (P/E) ratio stands at 118.7—substantially above the sector average of 53.09—the price-to-book ratio is just 0.57 and the price-to-sales ratio remains below half, at 0.43. For value-oriented investors in India, these valuation levels may imply the market is pricing in future growth potential or underestimating the value of the company’s physical assets and distribution network, especially as profitability returns and international operations come online.

The company maintains an extensive Indian distribution network and significant manufacturing scale in Gujarat. Asian Granito’s domestic strength is underpinned by more than 14,000 touchpoints, 2,700+ distribution partners, 235 exclusive franchises, and 12 company-owned display centers across India. With 14 modern manufacturing plants in Gujarat and a production footprint of over 54.5 million square meters, the company is well-positioned to meet both local demand and to scale exports, enhancing resilience and visibility in the Indian market despite the competitive environment and sector headwinds.

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P. Laurore

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Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.