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India
As of 18 Sept 2026, 03:30 pm
For the financial year ended March 31, 2026, Asahi India Glass reported consolidated revenue from operations of ₹4,982.15 crore, an increase of 8.44% compared to the previous year. However, consolidated net profit after tax declined by 7.16% to ₹344.70 crore. This profit decrease was attributed to a 48.6% rise in depreciation and amortisation expenses. The company's market capitalisation stood at ₹20,027.08 crore as of March 31, 2026.
Asahi India Glass Limited will hold its 41st Annual General Meeting on September 18, 2026, at 3:00 PM via video conferencing. Key agenda items include the adoption of audited financial statements for the year ended March 31, 2026, and the declaration of a final dividend of ₹2.00 per equity share. The company also plans to seek approval for related party transactions, including up to ₹750 crore in purchases from AGC Asia Pacific Pte. Limited, up to ₹1,500 crore in sales to Maruti Suzuki India Limited, and up to ₹600 crore in sales to AIS Consumer Glass Solutions Ltd., for the financial year 2026-27. The record date for the dividend was September 11, 2026, and e-voting took place from September 14 to September 17, 2026.
Between March 2019 and March 2020, Asahi India Glass's borrowings increased from ₹1,643 crore to ₹1,762 crore. During the same period, its Equity Capital remained stable at ₹24 crore, while Reserves grew from ₹1,191 crore to ₹1,278 crore.
As of September 18, 2026, the daily technical trend for Asahi India Glass is indicated as bullish, with the closing price at ₹961.05 being above the 20-day and 50-day Exponential Moving Averages (EMAs) and Simple Moving Averages (SMAs). The Supertrend indicator is also showing a bullish direction. However, the weekly trend is indicated as bearish, with the Supertrend direction being bearish and the closing price below the Supertrend level of ₹1006.9.
As of 18 Sept 2026, 03:30 pm
Recent drawdown and price variability remain within the producer's contained-risk thresholds.
Primary driver: Price swings are higher than typical
The session traded across a materially wider price range than usual.
Larger price swings can increase short-term uncertainty, especially if they continue.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Revenue From Operations | PEAK₹1,413.39 crore | ₹1,354.06 crore | ₹1,255.91 crore | ₹1,151.22 crore | ₹1,228.74 crore |
| Income | PEAK₹1,419.14 crore | ₹1,362.98 crore | ₹1,266.39 crore | ₹1,162.15 crore | ₹1,239.51 crore |
| Expenses | PEAK₹1,216.26 crore | ₹1,183.97 crore | ₹1,121.47 crore | ₹1,091.38 crore | ₹1,163.68 crore |
| Profit Before Exceptional Items And Tax | PEAK₹202.88 crore | ₹179.01 crore | ₹144.92 crore | ₹70.77 crore | ₹75.83 crore |
| Profit Before Tax | PEAK₹202.88 crore | ₹179.26 crore | ₹132.93 crore | ₹70.77 crore | ₹75.83 crore |
| Profit Loss For Period | PEAK₹149.08 crore | ₹132.61 crore | ₹99.47 crore | ₹58.19 crore | ₹54.79 crore |
Asahi India Glass reported a quarter where revenue grew 15% year-on-year, but expenses rose only 4.5%, leading to a more than doubling of profit before tax. Net profit jumped 172% to ₹149 crore, and earnings per share rose from ₹2.31 to ₹5.85. Lower finance costs and slower expense growth were the key financial drivers behind the sharp improvement in profitability.
Profit before tax (PBT) rose to ₹202.88 crore, up 167.5% from ₹75.83 crore in Q1 last year. The PBT margin improved from 6.2% to 14.4% of revenue. Net profit for the period was ₹149.08 crore, compared to ₹54.79 crore a year ago, a gain of 172.1%. The net profit margin increased from 4.5% to 10.5%.
Basic earnings per share from continuing operations rose to ₹5.85 from ₹2.31 in the same quarter last year, an increase of 153.3%.
Finance costs were ₹46.73 crore, down 21.2% from ₹59.32 crore in Q1 last year, though they increased 11.7% from the preceding quarter. The year-on-year decline in finance costs contributed to the profit growth.
Tax expense for the quarter was ₹53.57 crore, up 155.3% from ₹20.98 crore a year ago, reflecting the higher pre-tax profit. The effective tax rate was 26.4%, slightly lower than the 27.7% rate in the same quarter last year.
Segment profit before tax, as reported in the financial statements, was ₹202.65 crore, closely matching the overall profit before tax of ₹202.88 crore.
The quarter’s results show that revenue growth combined with slower expense growth and lower finance costs produced a substantial increase in profitability. Margins expanded significantly, and earnings per share more than doubled.
Exchange disclosures and regulatory announcements for Asahi India Glass.
Asahi India Glass Limited held its 41st Annual General Meeting on 18 September 2026 at 3:00 PM IST via video conferencing. Shareholders approved the audited standalone and consolidated financial statements for the year ended 31 March 2026, a final dividend of ₹2.00 per equity share, and the re-appointment of directors Shashank Srivastava and Kazuo Ninomiya. They also ratified the cost auditor's remuneration of ₹1,75,000 per annum for FY 2026-27, re-appointed Masao Fukami as Deputy Managing Director - Technical & C.T.O. (Auto) for up to 4 years from 1 January 2027, and authorized material related party transactions with AGC Asia Pacific Pte. Limited (up to ₹750 crores), Maruti Suzuki India Limited (up to ₹1,500 crores), and AIS Consumer Glass Solutions Limited (up to ₹600 crores) for FY 2026-27.
Asahi India Glass Limited, Leapfrog Engineering Services Limited, Geecee Ventures Limited, Manaksia Steels Limited, J.K. Cement Limited, and B.A.G. Films and Media Limited have announced their 41st, 21st, 42nd, 25th, and related Annual General Meetings to be held via Video Conferencing or Other Audio Visual Means in September 2026. These filings disclose specific meeting dates ranging from September 18 to September 26, 2026, along with record dates for dividend eligibility between September 7 and September 15, 2026, and remote e-voting windows commencing mid-September. Additionally, J.K. Cement and B.A.G. Films notified shareholders of a SEBI-mandated special window running from February 5, 2026, to February 4, 2027, for the transfer and dematerialization of physical securities sold prior to April 1, 2019.
Asahi India Glass Ltd. will hold its 41st Annual General Meeting on 18 September 2026 at 3:00 PM via video conferencing. The meeting will consider adopting audited financial statements for FY ended 31 March 2026, declaring a final dividend of ₹2.00 per share, re-appointing directors, and approving related party transactions with AGC Asia Pacific Pte. Ltd. (up to ₹750 Crores), Maruti Suzuki India Ltd. (up to ₹1,500 Crores), and AIS Consumer Glass Solutions Ltd. (up to ₹600 Crores) for FY 2026-27.
Asahi India Glass Limited's 41st Annual General Meeting will be held via video conference on September 18, 2026, at 3:00 PM. The agenda includes nine items: adoption of FY2026 financial statements, declaration of a dividend, re-appointment of directors Shashank Srivastava (tenure to March 31, 2030) and Kazuo Ninomiya (tenure to July 31, 2030), ratification of cost auditor remuneration for FY2027, re-appointment of Masao Fukami as Deputy Managing Director (January 1, 2027 to December 31, 2031), and approval of material related-party transactions: INR 7.5 billion in purchases from AGC Asia Pacific Pte. Limited, INR 15 billion in sales to Maruti Suzuki India Limited, and INR 6 billion in sales to AIS Consumer Glass Solutions Limited.
Asahi India Glass Limited announced its 41st Annual General Meeting scheduled for September 18, 2026, and declared a final dividend of Rs. 2 per equity share for the financial year 2025-26 with a record date of September 11, 2026. The company sent notices containing web-links and QR codes to shareholders lacking registered email addresses to access the Integrated Annual Report and AGM details. E-voting for the meeting commenced on September 14, 2026, at 9:00 a.m. IST and concluded on September 17, 2026, at 5:00 p.m. IST.
For the financial year ended March 31, 2026, AIS reported consolidated revenue from operations of ₹4,982.15 crore, a 8.44% increase from the previous year, while consolidated net profit after tax declined 7.16% to ₹344.70 crore due to a 48.6% rise in depreciation and amortisation expenses. The Automotive Glass segment contributed ₹3,369.31 crore (approximately 68% of total revenue) with a market share of roughly 79% in the passenger car segment, whereas the Architectural Glass SBU generated ₹1,261.95 crore. The company's market capitalisation stood at ₹20,027.08 crore as of March 31, 2026, supported by strategic investments in the Soniyana F3 plant for green hydrogen utilisation and a 'Deep Localisation' initiative to reduce import dependence.
Asahi India Glass Limited notified shareholders on August 19, 2026, that unclaimed dividends for the financial year 2018-19 and corresponding shares will be transferred to the Investor Education and Protection Fund (IEPF) if no valid claims are received by August 31, 2026. The company dispatched individual notices to affected shareholders and published advertisements in 'Business Standard' and 'Veer Arjun' on August 20, 2026, pursuant to the Companies Act, 2013, and IEPF Rules, 2016.
On August 19, 2026, Asahi India Glass Limited notified shareholders regarding the Tax Deduction at Source (TDS) applicable to a recommended final dividend of ₹2.00 per equity share for the financial year ended March 31, 2026. The Board of Directors approved this recommendation on May 27, 2026, subject to shareholder approval at the Annual General Meeting scheduled for September 18, 2026, with eligibility determined by the register of members as of September 11, 2026. Shareholders must submit specific documents, such as PAN cards or Tax Residency Certificates, to the Registrar and Transfer Agent by September 11, 2026, to claim applicable TDS rates or exemptions under the Income Tax Act, 2025.
Recent market and company developments associated with Asahi India Glass.
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Comprehensive Section Breakdown for Asahi India Glass
Strategic Vision: Integrated glass and windows solutions provider for multiple industries.
• Integrated glass and windows solutions across multiple industries.
• Extensive network of plants, sub-assemblies, and offices across India.
• Global presence extending to Sri Lanka, Africa, and the Middle East.
Revenue from operations for the quarter ended 30 June 2026 was ₹1,413.39 crore, up 15.0% from ₹1,228.74 crore in the same quarter last year. On a sequential basis, revenue grew 4.4% from ₹1,354.06 crore in the preceding quarter.
Total expenses for the quarter were ₹1,216.26 crore, an increase of only 4.5% year-on-year and 2.7% quarter-on-quarter. The gap between revenue growth and expense growth was the primary factor behind the profit expansion. Revenue grew at more than three times the rate of expenses compared to the same quarter last year.
For Q1 FY27, management reported strong operational performance. Standalone net profit surged ~184% YoY to ₹151.45cr, driven by robust revenue growth of 15.4% to ₹1,320.11cr. Both key segments delivered sharp profit increases: Automotive Glass rose 55.3% YoY and Float Glass jumped 218.9% YoY, reflecting strong demand and operating leverage. The board also proposed a dividend of ₹2 per share for FY25-26, with the record date set as 11-Sep-2026, ahead of the AGM on 18-Sep-2026. In a leadership move, the board approved the re-appointment of Mr. Masao Fukami as Dy. Managing Director - Technical & C.T.O. (Auto) for a second four-year term starting January 2027, highlighting continuity in technical leadership.
Category: Manufacturing
Offers laminated windshields, tempered glass for sidelites and backlites, and value-added glasses like solar control and acoustic solutions.
Category: Manufacturing
Provides architectural glass products including clear, tinted, solar control, and reflective glass, along with value-added solutions for privacy, safety, and acoustics.
Category: B2B Services
Offers specialized services and solutions including car windscreen repair and replacement, lifestyle glass solutions, and high-performance door and window systems.
Key Products & Services: AIS WINDSHIELD EXPERTS • AIS GLASXPERTS • AIS WINDOWS
Core Thesis: The company organizes its business into three Strategic Business Units to cater to specific market segments and enhance customer service.
• Automotive Glass Solutions: Provides various types of automotive glass and value-added solutions for vehicles. • Building & Construction Products: Offers a range of architectural glass and value-added solutions for the building sector. • Consumer Services and Lifestyle Solutions: Delivers specialized services like windscreen repair and lifestyle glass solutions for consumers.