Asian Granito India Limited
4,298words
1turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
₹314.90
₹138.15
₹318
₹137.25
₹618.15
₹162.15
₹617.00
₹161.45
10.52%
4.41%
10.86%
Guidance — 9 items
Our Bathware division includes
opening
“INDUSTRY DYNAMICS • World production and consumption grew at a CAGR of ~3% over CY2012-CY2018; • Global consumption of tiles stood at 12818 million square metre (msm) in CY2018 • India second largest producer and consumer of tiles in the world after China.”
Our Bathware division includes
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“India’s production volumes grew at a CAGR of ~9% over 2012 – 2018, from 691 msm in CY2012 to 1145 msm in CY2018.”
Our Bathware division includes
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“• India’s tiles exports (in value terms) grew at a CAGR of ~42% from Rs.”
Our Bathware division includes
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“• The industry grew at a CAGR of 9% over FY2008-FY2019.”
Our Bathware division includes
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“It grew at a healthy CAGR of 15% over FY2008-FY2012, supported by increased real estate construction activity.”
Our Bathware division includes
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“• Government spending on infrastructure: Various Government initiatives such as Housing for All, the Pradhan Mantri Awaas Yojana, the Smart Cities Project and the Clean India Project will continue to support the demand in the medium term • Rising exports: Healthy growth of 21% and 33% witnessed in FY2018 and FY2019, with spurt in demand from Middle East countries.”
Our Bathware division includes
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“existing Strengthen our brand value The company currently has a global reach to about 100+ countries and plan to further expand operations globally.”
Our Bathware division includes
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“We intend to revise our strategy to focus more on digital marketing and move towards B2C sales by direct mapping interactions with customers and focusing on franchise- owned franchise-operated exclusive showrooms.”
Our Bathware division includes
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“initiating towns, target the Focus on B2C segment Asian Granito India Limited 202, Dev Arc, Opp.”
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Risks & concerns — 2 flagged
• The growth slowed down to a single digit of 6% over FY2012-FY2019, primarily due to the slowdown in the real estate sector, its key consuming sector.
— Our Bathware division includes
Any slowdown may dampen growth prospects of the industry.
— Our Bathware division includes
Speaking time
1
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Opening remarks
Our Bathware division includes
Faucets: We import as well as manufacture on contractual basis, wide collections of faucets and are one stop bathroom and allied product solution provider. Our products are imbibed with latest features and technologies to save water and other resources e.g. Twin flushing technology, Scratch resistance, Smooth flush, etc. Rimless Design, Sanitary Ware includes wide range of one- piece water closets, wall hung, urinals, basins and sanitary accessories allied requirements. for PRODUCT PORTFOLIO - TILES NANO TECH DOUBLE CHARGE VITRIFIED FULL BODY VITRIFIED GLISTER NATURAL WOOD PLANK CERAMIC FLOOR TILES WALL TILES MATT PORCELAIN JUMBO DOUBLE CHARGE VITRIFIED GRANDURA OUTDOOR TILES POLISHED PORCELAIN PRODUCT PORTFOLIO – TILES & BATHWARE GRESTEK MARVEL GRESTEK MARBLEX GRESTEK DIGIAL GLAZED VITRIFIED TILES GRESTEK HARD STONE B A T H W A R E PRODUCT PORTFOLIO - MARBLE & QUARTZ M A R B L E MARIDIA N EMPYREAN CRYSTAL SILKEN MAGNUM MONTAZA SPECTRA SWISS CRYSTAL VICTORIAN ELEGANT EMRALD Q U A R T Z
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