Asian Granito India Limited

Rs.455.5 crore

y AGL – CONSOLIDATED RESULTS SUMMARY Q4FY2023 1) Revenue from operations for the Q4FY2023 grew to Rs.455.5 crores, registering 5% decline over previous year. In Q4 demand for DC and PVT remain on lower side on a

5%

SUMMARY Q4FY2023 1) Revenue from operations for the Q4FY2023 grew to Rs.455.5 crores, registering 5% decline over previous year. In Q4 demand for DC and PVT remain on lower side on account of decline

13%

price rise in gas (QoQ price of the gas for Crystal Ceramics remains the same however YoY there was 13% YoY increase in due to non availability of APM gas results into spot purchase from Sabarmati Gas),

rs. 4

oduct from Double Charged to GVT. Normalcy in capacity utilization will be seen from upcoming quarters. 4) In Q4FY2023 Export revenues stood at Rs.54.2 crores. Overall Exports from Ceramic Industry increas

Rs.54.2 crore

capacity utilization will be seen from upcoming quarters. 4) In Q4FY2023 Export revenues stood at Rs.54.2 crores. Overall Exports from Ceramic Industry increased during the quarter and year and we anticipates t

rs. 5

sed during the quarter and year and we anticipates that exports will boost further in coming quarters. 5) For, the quarter gas price continue to remain high on account of volatility in international marke

rs,

likely to remain mix bag on account of inflation pressure on retail as well as institutional customers, however we believe that government will continue to spend on low cost housing and construction which

4.7%

AGIL Consolidated Rs. In Crs Q4FY23 Q4FY22 YoY Q4FY22 AGIL Standalone Rs. In Crs Q4FY23 YoY -4.7% 6.1% -26.1% 0.1% -4.5% 71.8% -251.2% 9.5% 97.1% 478.4 317.8 160.6 29.9 54.7 46.9 29.1 0.0 29.1 7

6.1%

Consolidated Rs. In Crs Q4FY23 Q4FY22 YoY Q4FY22 AGIL Standalone Rs. In Crs Q4FY23 YoY -4.7% 6.1% -26.1% 0.1% -4.5% 71.8% -251.2% 9.5% 97.1% 478.4 317.8 160.6 29.9 54.7 46.9 29.1 0.0 29.1 7.9 21

26.1%

lidated Rs. In Crs Q4FY23 Q4FY22 YoY Q4FY22 AGIL Standalone Rs. In Crs Q4FY23 YoY -4.7% 6.1% -26.1% 0.1% -4.5% 71.8% -251.2% 9.5% 97.1% 478.4 317.8 160.6 29.9 54.7 46.9 29.1 0.0 29.1 7.9 21.2 4.4%

0.1%

d Rs. In Crs Q4FY23 Q4FY22 YoY Q4FY22 AGIL Standalone Rs. In Crs Q4FY23 YoY -4.7% 6.1% -26.1% 0.1% -4.5% 71.8% -251.2% 9.5% 97.1% 478.4 317.8 160.6 29.9 54.7 46.9 29.1 0.0 29.1 7.9 21.2 4.4% 1.6

4.5%

In Crs Q4FY23 Q4FY22 YoY Q4FY22 AGIL Standalone Rs. In Crs Q4FY23 YoY -4.7% 6.1% -26.1% 0.1% -4.5% 71.8% -251.2% 9.5% 97.1% 478.4 317.8 160.6 29.9 54.7 46.9 29.1 0.0 29.1 7.9 21.2 4.4% 1.6 5.3 17

“Normalcy in capacity utilization will be seen from upcoming quarters.”

“6) Majority of the work relating to Construction and erection of Plant & Machinery in Future Ceramics Private Limited and AGL Santiarware Private Limited are over and we expect that Commercial Production from both these plants will start from QII FY 2023-23.”

“As this play becomes more interesting going forward, Indian manufacturers like AGL, having right kind of technologies, product focus and innovation and broad portfolio of offerings are bound to emerge as leaders in this lucrative market.”

“We expect the challenges of containers shortage, freight escalation, etc.”

“12.2% Sales CAGR Since 2009 *Total 11 units operating under 7 facilities including those owned by Subsidiaries and Associates 13 A Journey Full of Evolution and Growth AGL’s Journey is full of evolution, expansions and diversifications presenting the true example of staying relevant, always AGL Group was incorporated & commenced operations First Plant of Ceramic Floor Tiles with 2,500 Sq.”

“% Holding Wholly Owned Wholly Owned 97.83% Amazoone holds 61.00% in Gresart making it a Step down subsidiary of AGIL Proposed Plant Location Estimated Project Cost (INR Cr) Morbi ~175 Morbi ~50 Morbi ~25 Morbi ~70 Means of Finance Equity Infusion by Holding Company Equity Infusion by Holding Company Internal Accruals Internal Accruals and External Debt Products GVT Tiles of 800x1600 and 800x2400 mm Size Bathware and Sanitaryware Quartz Surfaces Wall Tiles Installed Capacity p.a.”

“Source: Industry Estimates 33 India’s Ceramic Tiles Exports Not leaving any stone unturned, India surpassed Spain to become 2nd Largest Exporter of Ceramic Tiles globally after China India’s Pie in Global Ceramic Tiles Exports in CY2020 % of World Exports 38%+ CAGR growth in Ceramics exports from India (figures in sq.mt.”

Subject

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Outlook

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Subject

Investor Presentation Please find attached Investor Presentation for the quarter ended on 31 st March, 2023. It is also uploaded on the website of the Company www.aglasiangranito.com. This information is submitted to you pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. You are requested to kindly take on your record. Thanking You. Yours truly, For Asian Granito India Limited Dhruti Trivedi Company Secretary and Compliance Officer Encl: As above Tiles • Marble • Quartz • Bathware Investor Presentation for Q4FY2023 Constantly Evolving Luxury Surfaces & Bathware Company AGL – CONSOLIDATED RESULTS SUMMARY Q4FY2023 1) Revenue from operations for the Q4FY2023 grew to Rs.455.5 crores, registering 5% decline over previous year. In Q4 demand for DC and PVT remain on lower side on account of decline in off take from government and low cost real estate. 2) Margin during the quarter decline sharply due to impact of steep price rise in gas (

Outlook

Demand for tiles in domestic market likely to remain mix bag on account of inflation pressure on retail as well as institutional customers, however we believe that government will continue to spend on low cost housing and construction which will drive demand for ceramic products. Export market continue to remain slightly sluggish , however new avenue for companies continue to open resulting good growth in coming quarter. Margin will continue to remain under pressure in coming quarter on account of inflationary pressure on input cost and limited ability to pass on cost pressure to end customer current level. 2 AGL – CONSOLIDATED & STANDALONE - PROFIT & LOSS FOR Q4FY2023 . Particulars Total Income from Operations COGS Gross Profit Employee Benefits Expenses Power & Fuel Other Expenses EBITDA Exceptional Gain/)(Loss) EBIDTA post Exceptional Gain/(Loss) Depreciation EBIT EBIT Margin Other Income Finance Cost PBT PBT Margin Tax Expenses Net Profit Net Profit Margin Minority Interest Associa