Asahi India Glass (ASAHIINDIA)₹1,056+1.99%Auto Components & Equipments
In the Jun 2026 quarter (consolidated), Asahi India Glass reported sales of ₹1,412 Cr, up 14.9% from Jun 2025, and net profit of ₹149 Cr, up 171.2% year on year. For the year to Mar 2026, sales were ₹4,986 Cr and net profit ₹345 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,120 | 1,043 | 1,104 | 1,132 | 1,158 | 1,123 | 1,179 | 1,229 | 1,150 | 1,255 | 1,353 | 1,412 |
| Expenses | 931 | 877 | 923 | 948 | 941 | 946 | 980 | 1,032 | 960 | 1,001 | 1,062 | 1,085 |
| Operating Profit | 186 | 163 | 178 | 181 | 213 | 175 | 197 | 192 | 188 | 249 | 286 | 324 |
| OPM % | 17.0% | 15.9% | 16.0% | 15.9% | 18.0% | 16.0% | 17.0% | 16.0% | 16.0% | 20.0% | 20.9% | 22.9% |
| Other Income | 8.01 | 2.01 | 2.01 | 5.01 | 7.01 | 46.12 | 9.01 | 11.02 | 11.02 | −2.01 | 10.03 | 6.01 |
| Interest | 33.92 | 33.89 | 32.91 | 31.89 | 30.89 | 31.92 | 32.90 | 58.79 | 58.79 | 42.84 | 41.84 | 46.87 |
| Depreciation | 42.91 | 45.96 | 47.97 | 46.94 | 47.90 | 48.96 | 48.96 | 67.86 | 68.94 | 72.90 | 74.86 | 80.85 |
| Profit before tax | 117 | 84.81 | 99.80 | 107 | 141 | 140 | 124 | 75.81 | 70.90 | 133 | 180 | 203 |
| Tax % | 26.0% | 26.0% | 27.0% | 28.0% | 32.9% | 26.0% | 26.0% | 28.0% | 18.0% | 25.0% | 26.0% | 26.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 23.99 | 0.00 | 0.00 | 0.00 | −8.98 | 0.00 | 0.00 |
| Net Profit | 85.96 | 62.98 | 73.02 | 76.95 | 94.97 | 105 | 91.92 | 54.95 | 57.98 | 98.98 | 133 | 149 |
| EPS (Rs) | 3.58 | 2.62 | 3.05 | 3.22 | 3.94 | 4.35 | 3.81 | 2.32 | 2.23 | 3.91 | 5.21 | 5.87 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,209 | 2,345 | 2,633 | 2,912 | 2,641 | 2,421 | 3,166 | 4,014 | 4,339 | 4,589 | 4,986 | 5,170 |
| Expenses | 1,810 | 1,922 | 2,160 | 2,395 | 2,199 | 1,980 | 2,400 | 3,209 | 3,603 | 3,816 | 4,054 | 4,108 |
| Operating Profit | 392 | 414 | 463 | 509 | 434 | 434 | 760 | 793 | 723 | 765 | 916 | 1,048 |
| OPM % | 18.0% | 18.0% | 18.0% | 18.0% | 16.0% | 18.0% | 24.0% | 20.0% | 17.0% | 17.0% | 17.9% | 20.3% |
| Other Income | 3.01 | 31.05 | 23.05 | 24.03 | 19.04 | 46.06 | 31.05 | 33.06 | 32.05 | 67.11 | 29.07 | 25.05 |
| Interest | 144 | 144 | 124 | 135 | 145 | 142 | 121 | 105 | 136 | 128 | 203 | 190 |
| Depreciation | 110 | 78.91 | 94.80 | 119 | 137 | 132 | 160 | 160 | 177 | 192 | 284 | 298 |
| Profit before tax | 142 | 222 | 268 | 279 | 171 | 204 | 510 | 562 | 442 | 512 | 458 | 586 |
| Tax % | 42.0% | 33.0% | 34.9% | 33.0% | 11.0% | 36.0% | 33.0% | 36.0% | 27.0% | 28.0% | 25.0% | — |
| Exceptional items | −0.99 | 2.99 | 1.99 | 0.00 | 0.99 | 4.99 | 4.99 | 4.99 | −0.99 | 28.97 | −8.99 | −8.98 |
| Net Profit | 85.03 | 150 | 176 | 188 | 151 | 131 | 343 | 362 | 325 | 367 | 345 | 439 |
| EPS (Rs) | 3.59 | 6.16 | 7.32 | 7.84 | 6.33 | 5.49 | 14.21 | 15.04 | 13.53 | 15.31 | 13.54 | 17.22 |
| Dividend payout % | 17.0% | 15.9% | 21.0% | 13.0% | 15.9% | 17.9% | 13.9% | 13.0% | 15.0% | 12.9% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23.99 | 23.98 | 23.99 | 23.99 | 23.97 | 23.98 | 23.99 | 23.98 | 23.99 | 23.99 | 23.98 | 24.99 |
| Reserves | 258 | 331 | 903 | 1,053 | 1,192 | 1,280 | 1,417 | 1,739 | 2,054 | 2,333 | 2,647 | 3,912 |
| Borrowings | 1,418 | 1,318 | 1,220 | 1,372 | 1,641 | 1,761 | 1,564 | 1,237 | 1,399 | 1,967 | 2,696 | 2,198 |
| Other Liabilities | 560 | 599 | 681 | 830 | 831 | 797 | 767 | 777 | 1,101 | 1,177 | 1,419 | 1,637 |
| Total Liabilities | 2,260 | 2,272 | 2,829 | 3,279 | 3,688 | 3,862 | 3,772 | 3,778 | 4,579 | 5,501 | 6,786 | 7,772 |
| Fixed Assets | 1,144 | 1,136 | 1,589 | 1,907 | 1,958 | 2,037 | 2,221 | 2,325 | 2,395 | 2,619 | 4,046 | 4,537 |
| CWIP | 40.93 | 64.85 | 84.87 | 114 | 452 | 488 | 261 | 90.82 | 235 | 825 | 561 | 444 |
| Investments | 16.06 | 19.06 | 27.09 | 42.11 | 48.11 | 55.14 | 69.24 | 85.32 | 112 | 85.30 | 50.17 | 78.24 |
| Other Assets | 1,059 | 1,053 | 1,127 | 1,216 | 1,230 | 1,282 | 1,221 | 1,277 | 1,838 | 1,971 | 2,129 | 2,714 |
| Inventories | 514 | 521 | 585 | 615 | 693 | 724 | 656 | 718 | 1,032 | 997 | 1,123 | 1,231 |
| Trade receivables | 266 | 265 | 241 | 322 | 269 | 260 | 267 | 245 | 336 | 353 | 441 | 507 |
| Cash & equivalents | 32.02 | 38.03 | 16.02 | 17.02 | 22.03 | 14.01 | 58.07 | 88.04 | 118 | 179 | 165 | 245 |
| Total Assets | 2,260 | 2,272 | 2,829 | 3,279 | 3,688 | 3,862 | 3,772 | 3,778 | 4,579 | 5,501 | 6,786 | 7,772 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 49.82 | 229 | 416 | 448 | 422 | 292 | 515 | 584 | 401 | 651 | 717 | 500 |
| Cash from investing activity | −68.74 | −124 | −189 | −446 | −510 | −213 | −83.68 | −78.70 | −319 | −920 | −1,187 | −663 |
| Cash from financing activity | 24.05 | −100 | −249 | −1.01 | 91.22 | −93.19 | −383 | −480 | −52.11 | 331 | 459 | 246 |
| Net cash flow | 3.99 | 6.98 | −20.95 | 0.99 | 2.99 | −13.95 | 50.81 | 27.90 | 28.90 | 58.78 | −12.96 | 81.81 |
| Capex | 84.28 | 126 | 201 | 450 | 514 | 228 | 104 | 101 | 326 | 904 | 1,273 | 668 |
| Free cash flow | −20.99 | 105 | 232 | 12.99 | −79.88 | 89.95 | 433 | 508 | 91.99 | −244 | −536 | −139 |
| CFO / OP % | 20.1% | 74.1% | 118.1% | 117.1% | 101.1% | 71.1% | 136.1% | 99.1% | 76.1% | 106.1% | 113.1% | 67.1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 46 | 44 | 38 | 45 | 34 | 36 | 40 | 28 | 31 | 30 | 35 | 37 |
| Inventory days | 249 | 235 | 251 | 239 | 272 | 309 | 283 | 284 | 270 | 220 | 242 | 301 |
| Days payable | 139 | 132 | 161 | 230 | 252 | 248 | 277 | 246 | 225 | 190 | 219 | 219 |
| Cash conversion cycle | 158 | 148 | 129 | 56 | 55 | 98 | 47 | 67 | 77 | 61 | 60 | 120 |
| Working capital days | −20 | −29 | 1 | −18 | −32 | −36 | −32 | 6 | 0 | −12 | −2 | 32 |
| ROCE % | 11.9% | 17.0% | 18.9% | 16.9% | 15.9% | 11.0% | 11.0% | 21.0% | 21.0% | 14.9% | 11.9% | 11.9% |
For the Jun 2026 quarter, Asahi India Glass reported sales of ₹1,412 Cr, up 14.9% year on year and net profit of ₹149 Cr, up 171.2% year on year. The operating margin was 22.9%.
Asahi India Glass' sales for the year to Mar 2026 were ₹4,986 Cr; over the last twelve months they were ₹5,170 Cr.
Net profit for the year to Mar 2026 was ₹345 Cr, and ₹439 Cr over the last twelve months. Earnings per share over the same trailing period were ₹17.22.
Asahi India Glass reported borrowings of ₹2,198 Cr at Mar 2026, against cash and equivalents of ₹245 Cr.
Cash from operations was ₹500 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹139 Cr.