Asahi India Glass
- Market cap
- ₹ 22,669 Cr.
- P/E
- 52.5x
- P/B
- 5.92x
- 52-week range
- 775.1 – 1,074
- ROE
- 11%
- ROCE
- 12%
- Dividend yield
- 0.2%
- Debt / equity
- 0.56
- Sector
- Auto Components
- Industry
- Auto Components & Equipments
- Listed on
- NSE, BSE
About
Asahi India Glass Limited (AIS) is an India-based integrated glass and windows solutions company. The Company is engaged in the business of manufacturing of auto glass, float glass and other value-added glasses. Its segments include Automotive Glass and Float Glass. Its auto glass products are used in the manufacturing of passenger and commercial vehicles, including trucks, buses, railways, metros, tractors, and off-highway vehicles. Its automotive glass includes windscreen, sidelites, backlite, sunroof, and white goods. Its architectural glass includes float glass, super specialty glass, energy-efficient glass, value-added glass, AIS windows, and designer glass. Its industrial glass includes consumer durable glass products and construction and farm equipment. It provides customized solutions to home and car owners through its consumer brands, AIS Windows, AIS Glasxperts, AIS Windshield Experts and Car fit Experts.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Auto Components & Equipments: 155 companies →Asahi India Glass against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)52.5 against a typical 27.4: pricier than most peers (1st = cheapest).123rd of 153
- Sales growth+15% against a typical +20.7% from a year earlier.103rd of 142
- Profit growth+170.9% against a typical +15.3% from a year earlier.17th of 127
- Share price, 3 months+4.7% against a typical −4.4%.46th of 142
- Size₹ 22,669.4 Cr. market value against a typical ₹ 728 Cr. (1st = largest).15th of 138
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA- by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE AA- | Stable | 9 Jul 2026 |
| CRISIL | Crisil AA- | Stable | 27 Apr 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 9 Jul 2026 | Reaffirmed | CARE AA- | — | CARE | ₹ 2,716.64 Cr. | |
| 27 Apr 2026 | Reaffirmed | Crisil AA- | — | CRISIL | ₹ 1,314.98 Cr. | |
| 12 Jan 2026 | ▲ Upgrade | CARE AA- | — | CARE | ₹ 2,751.28 Cr. | |
| 7 Oct 2025 | ▲ Upgrade | Crisil AA- | — | CRISIL | ₹ 1,314.98 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 3 Nov 2026Upcoming | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters |
| 5 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 27 May 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters |
| 30 Jan 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 5 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 30 Jul 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
| 14 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | 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 | 1,044 | 1,105 | 1,133 | 1,158 | 1,124 | 1,180 | 1,229 | 1,151 | 1,256 | 1,354 | 1,413 |
| Expenses | 934 | 880 | 927 | 951 | 945 | 949 | 983 | 1,036 | 963 | 1,005 | 1,067 | 1,089 |
| Operating Profit | 186 | 163 | 178 | 181 | 213 | 175 | 197 | 192 | 188 | 250 | 287 | 325 |
| OPM % | 17% | 16% | 16% | 16% | 18% | 16% | 17% | 16% | 16% | 20% | 21% | 23% |
| Other Income | 8 | 2 | 2 | 5 | 7 | 46 | 9 | 11 | 11 | −2 | 10 | 6 |
| Interest | 34 | 34 | 33 | 32 | 31 | 32 | 33 | 59 | 59 | 43 | 42 | 47 |
| Depreciation | 43 | 46 | 48 | 47 | 48 | 49 | 49 | 68 | 69 | 73 | 75 | 81 |
| Profit before tax | 117 | 85 | 100 | 107 | 141 | 140 | 124 | 76 | 71 | 133 | 180 | 203 |
| Tax % | 26% | 26% | 27% | 28% | 33% | 26% | 26% | 28% | 18% | 25% | 26% | 26% |
| Net Profit | 86 | 63 | 73 | 77 | 95 | 105 | 92 | 55 | 58 | 99 | 133 | 149 |
| EPS in Rs | 3.57 | 2.61 | 3.04 | 3.21 | 3.93 | 4.34 | 3.8 | 2.31 | 2.22 | 3.9 | 5.2 | 5.85 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 8%
- 5 Years
- 16%
- 3 Years
- 7%
- TTM
- 10%
- 10 Years
- 15%
- 5 Years
- 23%
- 3 Years
- −1%
- TTM
- 37%
- 10 Years
- 17%
- 5 Years
- 23%
- 3 Years
- 25%
- TTM
- —
- 10 Years
- 15%
- 5 Years
- 15%
- 3 Years
- 13%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Asahi India Glass | ₹ 920.00 | ₹ 22,669 Cr. | 52.5x | 5.9x | 11% | — |
| Samvardhana Motherson International | ₹ 151.00 | ₹ 1,59,367 Cr. | 35.1x | 3.7x | 10.2% | 3.2% |
| Cummins India | ₹ 4,338.90 | ₹ 1,20,274 Cr. | 62.3x | 17.8x | 29.5% | 19.5% |
| Bosch | ₹ 44,045.85 | ₹ 1,29,918 Cr. | 51.3x | 8.1x | 19.4% | 13.8% |
| UNO Minda | ₹ 1,052.00 | ₹ 60,749 Cr. | 54.8x | 9.8x | 19.1% | 6.5% |
| Sona Blw Precision Forgings | ₹ 752.80 | ₹ 46,984 Cr. | 64.6x | 7.3x | 11.2% | 14.1% |
Management
- Sanjay Mohan Labroo
- Executive Chairman of the Board, Managing Director
- Shailesh Agarwal
- Chief Financial Officer, Executive Director
- Gopal Ganatra
- General Counsel, Chief - GRC, Company Secretary, Executive Director
- Masao Fukami
- Deputy Managing Director - Technical and Chief Technology Officer - Auto, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.