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ASI Industries Ltd.

ASI Industries Ltd.

BBSE:ASIIL
23.26
INR
+0.47
(+2.06%)
2.80EPS
9.11P/E
2.30BMarket Cap
ASI Industries Ltd.
BSE:ASIIL
(Bombay Stock Exchange)

Recent

price

23.26

P/E

ratio

9.11

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
20.72
20.47
21.1
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
Revenue per Share
1.41
1.14
1.57
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
Basic EPS, GAAP
-2.61
0.56
1.66
- -
-2.5
-12.36
4.3
-0.51
-5.68
-6.3
-0.23
6.05
1.53
2.72
-1.05
-0.02
- -
Free Cash Flow per Basic Share
0.14
0.18
0.18
0.23
0.23
0.28
0.24
0.3
0.3
0.28
- -
- -
- -
0.2
0.35
0.4
- -
Dividend per Share
18.08
19.03
20.37
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
- -
Book Value per Share
18.06
19.02
20.36
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
- -
Tangible Book Value per Share
83
83
83
83
83
83
83
83
83
90
90
90
90
90
90
90
90
Basic Weighted Avg Shares
1,716
1,696
1,748
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
Sales/Revenue/Turnover
12.91
11.59
14.7
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
Operating Margin (%)
52
58
78
79
64
141
167
157
159
167
174
220
53
50
47
43
- -
Depreciation Expense
117
94
130
101
145
78
235
193
225
314
119
-145
173
251
254
227
251
Net Income, GAAP
37.15
35.39
32.98
35.16
47.38
53.12
24.23
27.01
26.02
- -
28.3
- -
30.22
27.94
31.63
31.64
29.36
Effective Tax Rate (%)
6.8
5.56
7.44
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
Profit Margin (%)
101
72
136
230
86
490
640
558
453
-365
-253
1,065
949
1,210
706
931
- -
Working Capital
332
277
217
169
423
1,277
1,115
1,050
1,351
1,450
1,596
397
60
32
16
134
- -
LT Debt
1,498
1,577
1,688
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
- -
Total Equity
5.47
4.41
6
4.63
5.82
2.28
7
5.43
4.54
- -
2.19
- -
3.85
3.69
4.26
3.01
- -
Return on Invested Capital (%)
6.99
4.48
6
6.31
7.45
3.79
7.96
6.37
6.39
- -
2.59
- -
5.53
7.75
7.23
6.14
- -
Return on Capital (%)
8.06
6.13
7.97
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
- -
Return on Common Equity (%)

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
- -
- -
- -
- -
- -
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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.