Asian Granito India (NSE:ASIANTILES) ROIC %: -5.96% (As of Mar. 2026)


NSE:ASIANTILES Asian Granito India Ltd NSE:ASIANTILES
59 GF Score
Price ₹50.00
GF Value ₹32.20
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Asian Granito India ROIC %?

Asian Granito India NSE:ASIANTILES -3.99% 59 ROIC % is -5.96% as of Mar. 2026. GuruFocus rates NSE:ASIANTILES with a GF Score™ of 59/100 and a GF Value™ of ₹32.20 (Significantly Overvalued). The stock has 4 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Asian Granito India's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was -5.96%.

As of today (2026-07-04), Asian Granito India's WACC % is 13.65%. Asian Granito India's ROIC % is 1.42% (calculated using TTM income statement data). Asian Granito India earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Asian Granito India  (NSE:ASIANTILES) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Asian Granito India's WACC % is 13.65%. Asian Granito India's ROIC % is 1.42% (calculated using TTM income statement data). Asian Granito India earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Asian Granito India ROIC % Related Terms


Asian Granito India ROIC % Historical Data

* Premium members only.

The historical data trend for Asian Granito India's ROIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Asian Granito India ROIC % Chart

Asian Granito India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.85 -4.66 -0.23 1.57 1.92

Asian Granito India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.35 2.20 4.60 5.00 -5.96

NSE:ASIANTILES vs TT, JCI, CARR: ROIC % Comparison

For the Building Products & Equipment subindustry, Asian Granito India's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Asian Granito India ROIC % vs Construction Industry

For the Construction industry and Industrials sector, Asian Granito India's ROIC % distribution charts can be found below:

* The bar in red indicates where Asian Granito India's ROIC % falls into.


NSE:ASIANTILES
59GF Score
Asian Granito India Ltd NSE:ASIANTILES
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Asian Granito India ROIC % Calculation

Asian Granito India's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=398.342 * ( 1 - 13.58% )/( (16700.894 + 19176.73)/ 2 )
=344.2471564/17938.812
=1.92 %

where

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=20978.069 - 3627.055 - ( 650.12 - max(0, 6334.627 - 11419.489+650.12))
=16700.894

Invested Capital(A: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=24717.544 - 3870.513 - ( 1670.301 - max(0, 7398.194 - 12911.907+1670.301))
=19176.73

Asian Granito India's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-1489.016 * ( 1 - 23.2% )/( (0 + 19176.73)/ 1 )
=-1143.564288/19176.73
=-5.96 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=24717.544 - 3870.513 - ( 1670.301 - max(0, 7398.194 - 12911.907+1670.301))
=19176.73

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of -5.96% mean?
Asian Granito India (NSE:ASIANTILES) has a ROIC % of -5.96% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Asian Granito India and its competitors.
Is Asian Granito India's ROIC % too high?
Asian Granito India's current ROIC % is -5.96%. Overall, Asian Granito India has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asian Granito India's ROIC % compare to TT and JCI?
Asian Granito India's ROIC % of -5.96% can be compared against companies in the Construction industry. The industry median ROIC % is 4.64. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Construction company?
The median ROIC % among Construction companies is 4.64, based on 1,750 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Asian Granito India and its competitors. For the Construction industry, the median ROIC % is 4.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Granito India's current ROIC % is -5.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Granito India stock overvalued right now?
Based on GuruFocus' analysis, Asian Granito India (NSE:ASIANTILES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹32.20, compared to a current price of ₹50.00 — trading 55.3% above its estimated fair value. The current ROIC % is -5.96%. Asian Granito India's overall GF Score™ is 59/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Asian Granito India (NSE:ASIANTILES), the current ROIC % is -5.96% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Asian Granito India (NSE:ASIANTILES) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Granito India stock appears to be overvalued. The current stock price of ₹50.00 is trading 55.3% above its estimated GF Value™ of ₹32.20. GuruFocus considers Asian Granito India to be Significantly Overvalued.

Key valuation signals for NSE:ASIANTILES:

  • ROIC %: -5.96%
  • GF Value™: ₹32.20 vs. price of ₹50.00 (55.3% above fair value)
  • GF Score™: 59/100 with 4 warning signs

No single metric tells the full story. See the NSE:ASIANTILES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asian Granito India Business Description

Other Exchanges 532888:India
Address S.G. Highway, 202, Dev Arc, Opposite Iskon Temple, Ahmedabad, GJ, IND, 380015
Asian Granito India Ltd is engaged in the manufacturing and selling of wall and floor tiles. The company's product portfolio includes vitrified tiles, ceramic wall tiles, marble stones, grestek, crystal collection, aquart, and quartz stones, where some are exported to various countries such as the United States, Africa, the Gulf, and the Middle East countries. The company has only two reportable segments, which are Tiles & Others and Marble & Quartz. The firm's majority revenue is generated through sales in the Indian market.
59GF Score

Get the complete analysis for NSE:ASIANTILES

ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹50.00
Price
₹32.20
GF Value