Aro Granite Industries Limited
1,943words
3turns
0analyst exchanges
0executives
Key numbers — 35 extracted
100%
Rs. 3,093
Rs. 10,200
Rs.3,093
30.32 %
rs
4
13%
20%
5%
18%
19%
rs
6
Guidance — 4 items
Quartz slabs
opening
“We expect good ROIs from this plant in the years ahead 18 Outlook 1.”
Quartz slabs
opening
“Since then the situation has improved as our plants are fully operational and raw material availability is also improving Granite industry has made representation to the new government for re-opening of granite quarries, we expect positive policy changes will increase the availability of raw material 4.”
Quartz slabs
opening
“We are optimistic our returns on this investment will be quite good 5.”
Quartz slabs
opening
“We have started sales from Quartz plant and due to its high demand across the world we expect our Quartz segment will contribute to our growth in coming years 6.”
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Speaking time
1
1
1
Opening remarks
Quartz slabs
180,000 Square Meters Listed on NSE Since 2007 & BSE Since 1997 in India 3 Indian Granite Industry Export to China Statewise Granite Reserves Rs. 3,093 Cr Rs. 10,200 Cr Total exports India exported Rs. 10,200 Cr worth of granite in FY2019 of which Rs.3,093 Cr was exported to China Madhya Pradesh Andhra Pradesh China is largest market for Indian raw granite block, 30.32 % of the total granite were exported to China Large players finished products are Others 4% 13% 20% Karnataka 5% 18% Gujarat 19% 20% Rajasthan Jharkhand Source – Indian Mineral Yearbook 2019 4 Hosur Infrastructure Slab Plant Tile Plant Jumbomatic Gang saws 12 53 Blade cutting Centre Topping Centre Calibration Line Epoxy line 20 Head Polishing line Cross cutting machine Cleft/Split Machine 4 1 1 1 1 4 1 72 Wire Multi Wire Saw 20 Head Polishing Line 12 head Grinding line Flaming machine Epoxy lines Cut to Size CNC Machine Edge Polishing 1 3 1 1 3 2 1 Quartz – 180,000 m2/year Automatic Molding line Calibration line 1 2 5 HO
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