1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Construction materials
ASI Industries Ltd.

ASI Industries Ltd.

BBSE:ASIIL
23.26
INR
+0.47
(+2.06%)
2.80EPS
9.11P/E
2.30BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
15.78
25.2
23.78
37.13
37.91
31.37
23.04
25.18
22.38
15.28
16.06
17.18
16.59
17.76
Basic EPS, GAAP
1.22
1.74
0.94
2.84
2.32
2.71
3.49
1.32
-1.62
1.92
2.79
2.83
2.52
2.8
Free Cash Flow per Basic Share
- -
-2.5
-12.36
4.3
-0.51
-5.68
-6.3
-0.23
6.05
1.53
2.72
-1.05
-0.02
- -
Dividend per Share
0.23
0.23
0.28
0.24
0.3
0.3
0.28
- -
- -
- -
0.2
0.35
0.4
- -
Book Value per Share
21.28
22.62
23.83
26.53
28.5
30.87
36.7
38.8
32.21
34.09
35.77
39.14
40.14
- -
Tangible Book Value per Share
21.27
20.4
21.47
24.23
26.19
28.42
34.1
36.29
32.04
33.82
35.2
38.63
39.68
- -
Basic Weighted Avg Shares
83
83
83
83
83
83
90
90
90
90
90
90
90
90
Sales/Revenue/Turnover
1,307
2,088
1,970
3,076
3,141
2,599
2,075
2,268
2,016
1,376
1,447
1,548
1,494
1,595
Operating Margin (%)
14.7
14.53
12.06
11.35
9.86
10.47
-2.16
8.71
7.95
13.73
10.26
12.68
10.67
11.42
Depreciation Expense
79
64
141
167
157
159
167
174
220
53
50
47
43
- -
Net Income, GAAP
101
145
78
235
193
225
314
119
-145
173
251
254
227
251
Effective Tax Rate (%)
35.16
47.38
53.12
24.23
27.01
26.02
- -
28.3
- -
30.22
27.94
31.63
31.64
29.36
Profit Margin (%)
7.7
6.92
3.94
7.65
6.13
8.64
15.13
5.23
-7.22
12.55
17.35
16.44
15.19
15.74
Working Capital
230
86
490
640
558
453
-365
-253
1,065
949
1,210
706
931
- -
LT Debt
169
423
1,277
1,115
1,050
1,351
1,450
1,596
397
60
32
16
134
- -
Total Equity
1,763
1,875
1,975
2,199
2,361
2,558
3,306
3,495
2,902
3,071
3,222
3,525
3,616
- -
Return on Invested Capital (%)
4.63
5.82
2.28
7
5.43
4.54
- -
2.19
- -
3.85
3.69
4.26
3.01
- -
Return on Capital (%)
6.31
7.45
3.79
7.96
6.37
6.39
- -
2.59
- -
5.53
7.75
7.23
6.14
- -
Return on Common Equity (%)
5.84
7.95
4.03
11.27
8.45
9.13
10.71
3.49
-4.55
5.79
7.98
7.54
6.36
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
280
- -
LT Borrowings
- -
134
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
90
90
90
Market Capitalization
2,624
1,723
2,296

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,452
- -
Cash, Cash Equivalents & STI
- -
104
- -
Accounts Receivable, Net
- -
510
- -
Inventories
- -
63
- -
Total Current Liabilities
- -
521
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
280
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.78%
1.15%
2.57%
Free Cash Flow
-222.56%
-583.53%
-98.09%
Net Income, GAAP
-22.64%
-81.12%
-10.82%
Sales/Revenue/Turnover
-0.41%
-6.84%
-3.46%
Total Cash Common Dividend
- -
- -
14.29%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
344
233
492
478
1,548
2026
295
206
507
487
1,494
2027
395
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.43
0.06
1.35
0.99
2.83
2026
0.45
0.09
1.37
0.62
2.52
2027
0.72
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.35
2026
- -
- -
- -
- -
0.4
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Deepak Jatia
Full Time Employees
390
Sector
Non-energy minerals
Industry
Construction materials
Address
Marathon Innova, A Wing Mumbai MA India 400013
IPO Date
Jun 2, 1992
Website
asigroup.co.in
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Business
ASI Industries Ltd. (ASIIL.BO) manufactures and supplies a diverse range of granite and natural stone products, including slabs, tiles, monuments, and customized stone artifacts; it also engages in mining operations for raw granite blocks and provides processing services such as cutting, polishing, and finishing. The company offers products under categories like absolute black granite slabs, black galaxy tiles, and memorial headstones, catering primarily to construction, infrastructure, and export markets with a focus on premium quality and sustainable sourcing. Founded in 1982 and headquartered in Mumbai, India, ASI Industries operates quarries and processing facilities primarily in Rajasthan and exports to over 50 countries across North America, Europe, the Middle East, and Asia. In recent developments, the company expanded its production capacity through strategic quarry acquisitions in 2024, enhancing its raw material security amid rising global demand for Indian granites; it also formed a key export partnership with a major U.S. distributor in early 2025 to boost revenues from premium slab segments. ASI Industries continues to invest in modern processing technology and sustainable mining practices, positioning it as a leader in the natural stone industry with no major name changes or reorganizations reported in the last two years.