# ASAHIINDIA (ASAHIINDIA) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/asahiindia

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹960.7
- Change: +1.05%
- As of: 2026-09-18
- 1D return: +1.09%
- 5D return: -1.55%
- 1M return: +1.00%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, ASAHIINDIA's technical stance presents a mixed picture across different timeframes. The daily and monthly charts indicate a bullish trend, with the price trading above key moving averages and the supertrend indicator. However, the weekly timeframe shows a bearish supertrend direction, suggesting potential short-term headwinds despite the longer-term positive signals. The stock is currently trading near its nearest resistance level of ₹962.5, which is approximately 0.15% above the current price of ₹961.05. Nearest support is observed at ₹956.6, about 0.46% below the current price. Recent market activity shows one downside event in the past 30 days. The stock's annualized volatility stands at 0.35, with a current drawdown of -0.1.

Key formations on the daily chart include an active "Bullish Engulfing Reversal" and an active "Outside Bar" on the weekly chart as of September 18, 2026. These patterns suggest potential shifts in price direction. The daily trend shows strong upward momentum, with the price above the 20-day and 50-day exponential and simple moving averages, and the 200-day simple moving average. Similarly, the monthly trend is bullish, with the price above its 20-day exponential and simple moving averages, and the supertrend indicator. In contrast, the weekly trend shows the price below the supertrend indicator, indicating a bearish signal on this timeframe.

Investors should monitor the stock's interaction with the immediate resistance at ₹962.5 and support at ₹956.6. A sustained move above ₹962.5 could reinforce the bullish outlook, while a break below ₹956.6 might signal further weakness, especially if it aligns with a shift in the weekly trend. The divergence between the daily/monthly bullish trends and the weekly bearish supertrend warrants close observation for potential trend confirmation or reversal.

- The stock's current price is ₹961.05 as of September 18, 2026.
- Nearest resistance is at ₹962.5 (0.15% above current price).
- Nearest support is at ₹956.6 (-0.46% below current price).
- Daily and monthly timeframes show bullish trends, while the weekly timeframe indicates a bearish supertrend direction.
- Active "Bullish Engulfing Reversal" pattern noted on the daily chart on September 18, 2026.

- Bullish Engulfing Reversal
- Outside Bar
- Shooting Star
- Doji
- Bearish Engulfing Reversal
- Morning Star

### News Context

Asahi India Glass Limited (NSE) has announced its 41st Annual General Meeting (AGM) scheduled for September 18, 2026. The meeting agenda includes the adoption of financial statements for the fiscal year ended March 31, 2026, the declaration of a final dividend of ₹2.00 per equity share, and the re-appointment of directors. The company also plans to seek approval for material related-party transactions for the fiscal year 2026-27, including significant purchase agreements with AGC Asia Pacific Pte. Ltd. and sales agreements with Maruti Suzuki India Ltd. and AIS Consumer Glass Solutions Ltd.

In its annual report for the fiscal year ended March 31, 2026, Asahi India Glass reported consolidated revenue from operations of ₹4,982.15 crore, an increase of 8.44% year-on-year. However, consolidated net profit after tax saw a decline of 7.16% to ₹344.70 crore, attributed to a substantial rise in depreciation and amortisation expenses. The Automotive Glass segment remained the primary revenue driver, contributing approximately 68% of total revenue, while the Architectural Glass segment generated ₹1,261.95 crore. The company's market capitalization 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, to discuss financial statements, dividends, director re-appointments, and related-party transactions.
- The company declared a final dividend of ₹2.00 per equity share for the financial year 2025-26, with a record date of September 11, 2026.
- For the fiscal year ended March 31, 2026, consolidated revenue from operations increased by 8.44% to ₹4,982.15 crore.
- Consolidated net profit after tax for the fiscal year ended March 31, 2026, decreased by 7.16% to ₹344.70 crore, impacted by higher depreciation and amortisation expenses.
- The Automotive Glass segment accounted for approximately 68% of total revenue for the fiscal year ended March 31, 2026.

- Asahi India Glass Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Asahi India Glass Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 18, 2026 |SUBJECT: Shareholders meeting
- ASAHI INDIA GLASS LIMITED has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 18-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL
- Asahi India Glass Limited has informed the Exchange about Communication sent to Shareholders. |SUBJECT: General Updates
- AS ON DATE : 28-AUG-26

### What Changed

Asahi India Glass (ASAHIINDIA) on the NSE saw a slight increase in its stock price, moving from ₹950.7 to ₹961.05 between the previous observation and the report date of September 18, 2026. No new filings or news developments were reported during this period. The company's profile and continuing context remain unchanged.

- Stock price increased from ₹950.7 to ₹961.05 as of September 18, 2026.
- No new filings were reported by the company.
- No new news developments were reported.
- The company's profile and continuing context remain unchanged.

### Official Filings

Asahi India Glass Limited (AIS) is preparing for its 41st Annual General Meeting (AGM) on September 18, 2026. Key agenda items include the adoption of audited financial statements for the fiscal year ended March 31, 2026, and the declaration of a final dividend of ₹2.00 per equity share. The company has also proposed re-appointments for directors Shashank Srivastava and Kazuo Ninomiya, and Deputy Managing Director Masao Fukami, subject to shareholder approval. Significant related-party transactions are also up for approval, including purchases from AGC Asia Pacific Pte. Ltd. (up to ₹7.5 billion) and sales to Maruti Suzuki India Ltd. (up to ₹15 billion) and AIS Consumer Glass Solutions Ltd. (up to ₹6 billion) for the fiscal year 2026-27. For the fiscal year ended March 31, 2026, AIS reported consolidated revenue from operations of ₹4,982.15 crore, an increase of 8.44% year-on-year, while consolidated net profit after tax saw a decline of 7.16% to ₹344.70 crore, attributed partly to a 48.6% rise in depreciation and amortisation expenses. The company's market capitalisation was ₹20,027.08 crore as of March 31, 2026. Separately, AIS has notified shareholders about the transfer of unclaimed dividends and shares from the financial year 2018-19 to the Investor Education and Protection Fund (IEPF) if no claims are received by August 31, 2026.

- The 41st AGM is scheduled for September 18, 2026, to approve FY2026 financial statements and a final dividend of ₹2.00 per share.
- Shareholder approval is sought for related-party transactions totaling up to ₹7.5 billion in purchases from AGC Asia Pacific Pte. Limited and up to ₹15 billion in sales to Maruti Suzuki India Limited for FY2026-27.
- Consolidated revenue for FY ended March 31, 2026, was ₹4,982.15 crore, an 8.44% increase from the prior year.
- Consolidated net profit after tax for FY ended March 31, 2026, was ₹344.70 crore, a 7.16% decrease year-on-year.
- Unclaimed dividends and shares from FY2018-19 are subject to transfer to the IEPF by August 31, 2026, if unclaimed.

- Asahi India Glass Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Asahi India Glass Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 18, 2026 |SUBJECT: Shareholders meeting
- ASAHI INDIA GLASS LIMITED has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 18-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL
- Asahi India Glass Limited has informed the Exchange about Communication sent to Shareholders. |SUBJECT: General Updates
- AS ON DATE : 28-AUG-26
- Asahi India Glass Limited has informed the Exchange about the Communication sent to Shareholders regarding the transfer of Equity Shares and unclaimed dividend to Investor Education and Protection Fund |SUBJECT: General Updates
- Asahi India Glass Limited has informed the Exchange about the Communication sent to shareholders of the Company regarding deduction of tax at source (TDS) on payment of Final Dividend for FY 2025-26. |SUBJECT: General Updates
- Asahi India Glass Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication

### Fundamentals

Asahi India Glass reported a sequential increase in revenue from operations, reaching ₹1,413.39 crore in Q1 FY2026-27, up from ₹1,255.91 crore in Q3 FY2025-26. This revenue growth was accompanied by an expansion in operating profit margin (OPM) to 21.0% in Q1 FY2026-27 from 16.0% in Q3 FY2025-26. Consequently, Profit Before Tax (PBT) rose to ₹202.88 crore in Q1 FY2026-27 from ₹132.93 crore in Q3 FY2025-26. The company's net profit also saw a significant increase, reaching ₹149.08 crore in Q1 FY2026-27 compared to ₹99.47 crore in Q3 FY2025-26.

Looking at the balance sheet, borrowings have increased from ₹1,401 crore in March 2023 to ₹1,968 crore in March 2024, and are projected to reach ₹2,696 crore by March 2025. Concurrently, fixed assets have shown a substantial increase, from ₹2,395 crore in March 2023 to ₹2,616 crore in March 2024, with significant projected growth to ₹4,046 crore by March 2025. This suggests ongoing capital expenditure. The company's Cash Flow from Operations (CFO) was ₹653 crore in FY2024, but Free Cash Flow was negative at -₹244 crore in the same period, indicating that operating cash flow was not sufficient to cover investing activities. This trend is projected to continue with negative free cash flow of -₹536 crore in FY2025.

Key monitoring areas include the company's ability to manage its increasing debt levels against its capital expenditure plans and the sustainability of its operating margins. The trend in free cash flow will also be important to observe, particularly in light of the significant investments in fixed assets.

- Revenue from operations increased sequentially to ₹1,413.39 crore in Q1 FY2026-27 from ₹1,255.91 crore in Q3 FY2025-26.
- Operating Profit Margin (OPM) improved to 21.0% in Q1 FY2026-27 from 16.0% in Q3 FY2025-26.
- Profit Before Tax (PBT) rose to ₹202.88 crore in Q1 FY2026-27 from ₹132.93 crore in Q3 FY2025-26.
- Net profit increased to ₹149.08 crore in Q1 FY2026-27 from ₹99.47 crore in Q3 FY2025-26.
- Borrowings are projected to increase to ₹2,696 crore by March 2025, while fixed assets are projected to reach ₹4,046 crore by March 2025.
- Free Cash Flow was negative at -₹244 crore in FY2024 and is projected to be -₹536 crore in FY2025.

### Bull Case

Asahi India Glass (NSE) has demonstrated growth in key financial metrics. Over the last five years, the company achieved a compounded profit growth of 22% and a compounded sales growth of 16%. In the trailing twelve months (TTM), profit growth accelerated to 37% with sales growth at 10%. The company's balance sheet shows an increase in Reserves from ₹1,191 crore in March 2019 to ₹1,278 crore in March 2020, alongside an increase in Fixed Assets from ₹1,956 crore to ₹2,035 crore over the same period. Cash flow from operations has also shown positive generation, with Free Cash Flow turning positive at ₹90 crore in March 2020, compared to a negative ₹80 crore in March 2019. Technically, the daily trend indicators suggest a bullish setup, with the 14-day Average Directional Index (ADX) at 15.43 and the Exponential Moving Average (EMA) 20 above the EMA 50, with a positive slope.

- Compounded profit growth was 22% over 5 years and 37% in the TTM.
- Compounded sales growth was 16% over 5 years and 10% in the TTM.
- Reserves increased from ₹1,191 crore (Mar 2019) to ₹1,278 crore (Mar 2020).
- Free Cash Flow improved from -₹80 crore (Mar 2019) to ₹90 crore (Mar 2020).

### Bear Case

Asahi India Glass's financial position shows an increase in borrowings from ₹1,643 crore in March 2019 to ₹1,762 crore in March 2020. While reserves grew from ₹1,191 crore to ₹1,278 crore over the same period, the company's cash flow from operations declined, with Cash from Operations (CFO) decreasing from ₹101.0 in March 2019 to ₹71.0 in March 2020. Furthermore, the company reported a negative Net Cash Flow of -₹14.0 crore for the period ending March 2020, a shift from a positive ₹3.0 crore in March 2019. The weekly trend analysis indicates a bearish Supertrend direction, suggesting potential downward price momentum.

- Borrowings increased to ₹1,762 crore as of March 2020 from ₹1,643 crore in March 2019.
- Cash from Operations (CFO) decreased to ₹71.0 in March 2020 from ₹101.0 in March 2019.
- Net Cash Flow turned negative at -₹14.0 crore for the period ending March 2020, compared to ₹3.0 crore in March 2019.
- The weekly trend analysis shows a bearish Supertrend direction.

### FAQs

**What were Asahi India Glass's key financial results for the year ended March 31, 2026, and how did they compare to the previous year?**

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.

**What are the key resolutions and dates related to Asahi India Glass's upcoming Annual General Meeting (AGM)?**

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.

**How has Asahi India Glass's debt and equity capital changed between March 2019 and March 2020?**

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.

**What is the current technical trend for Asahi India Glass based on daily and weekly indicators as of September 18, 2026?**

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.

- Asahi India Glass Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Asahi India Glass Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 18, 2026 |SUBJECT: Shareholders meeting
- ASAHI INDIA GLASS LIMITED has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 18-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL
- Asahi India Glass Limited has informed the Exchange about Communication sent to Shareholders. |SUBJECT: General Updates
- AS ON DATE : 28-AUG-26
## Technical analytics

- As of: 2026-09-18
- Daily trend: Strong Uptrend
- Weekly trend: Weak Uptrend
- Pivot point: ₹953.3
- Risk regime: Price Risk Currently Contained

### Support levels
- 840
- 810.265625
- 793.95

### Resistance levels
- 995
- 1020.2625
- 1071.5

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +1.09% |
| return_10 | -0.12% |
| return_1m | -0.18% |
| return_1y | +4.83% |
| return_20 | +1.00% |
| return_3m | +11.58% |
| return_5 | -1.55% |
| return_6m | +11.18% |
| return_since_start | +27.30% |
| return_ytd | -3.66% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | contained_risk |
| label | Price risk currently contained |
| summary | Recent drawdown and price variability remain within the producer's contained-risk thresholds. |
| maximum_drawdown | -26.44% |
| annualized_volatility | +35.05% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Profit Surges as Revenue Growth Outpaces Expenses

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.

## Revenue and Expense Trends

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.

## Profitability and Margins

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 and Tax

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

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.

## Management Commentary

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.

## Key Takeaway

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.

### Ratios

## Official filings

- 2026-09-18 — Generic Announcement: Asahi India Glass Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_18092026174800_Proceedings_STx.pdf)
- 2026-08-28 — Generic Announcement: Asahi India Glass Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_28082026163059_NEWSPAPERPUBLICATIONFINAL.pdf)
- 2026-08-27 — Generic Announcement: Asahi India Glass Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_27082026234259_Signed.pdf)
- 2026-08-27 — Generic Announcement: Asahi India Glass Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_1672_WebXMLFile_20260828_011146634.xml)
- 2026-08-27 — Generic Announcement: Asahi India Glass Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_28082026010001_MR.pdf)
- 2026-08-27 — Annual Report: Asahi India Glass Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_30786_ASAHIINDIA_2025_2026_U_23124675_28082026172513.pdf)
- 2026-08-20 — Generic Announcement: Asahi India Glass Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_20082026183406_Intimation_sd.pdf)
- 2026-08-19 — Generic Announcement: Asahi India Glass Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_19082026181432_INTIMATION_TDS_sd.pdf)
- 2026-08-06 — Generic Announcement: Asahi India Glass Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_06082026145351_NewspaperCovering_sd.pdf)
- 2026-08-05 — Official Filing: The Board of Directors of Asahi India Glass Limited, in a meeting held on August 5, 2026, approved the unaudited financial results for the quarter ended June 30, 2026, and announced the 41st Annual General Meeting for September 18, 2026. The board also approved the re-appointment of Mr. Masao Fukami as Whole Time Director and Deputy Managing Director - Technical & CTO (Auto) for a second four-year term starting January 1, 2027, subject to shareholder approval. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_05082026132144_Outcome_of_Board_meeting_DSC.pdf)
- 2026-08-05 — Official Filing: The Board of Directors of Asahi India Glass Limited, in a meeting held on August 5, 2026, approved the unaudited financial results for the quarter ended June 30, 2026, and announced the 41st Annual General Meeting for September 18, 2026. The board also approved the re-appointment of Mr. Masao Fukami as Whole Time Director and Deputy Managing Director - Technical & CTO (Auto) for a second four-year term starting January 1, 2027, subject to shareholder approval. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_05082026132659_Outcome_of_Board_meeting_DSC.pdf)
- 2026-08-05 — Official Filing: The Board of Directors of Asahi India Glass Limited, in a meeting held on August 5, 2026, approved the unaudited financial results for the quarter ended June 30, 2026, and announced the 41st Annual General Meeting for September 18, 2026. The board also approved the re-appointment of Mr. Masao Fukami as Whole Time Director and Deputy Managing Director - Technical & CTO (Auto) for a second four-year term starting January 1, 2027, subject to shareholder approval. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_05082026132352_Outcome_of_Board_meeting_DSC.pdf)
- 2026-08-05 — Official Filing: Asahi India Glass Limited has fixed Friday, September 11, 2026, as the record date for its 41st Annual General Meeting (AGM) scheduled for Friday, September 18, 2026. This record date is for determining shareholders eligible for payment of a dividend of Rs. 2 per equity share for the financial year 2025-26, subject to shareholder approval at the AGM. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_05082026133028_Record_Date_DSC.pdf)
- 2026-08-05 — Official Filing: The Board of Directors of Asahi India Glass Limited, in a meeting held on August 5, 2026, approved the unaudited financial results for the quarter ended June 30, 2026, and announced the 41st Annual General Meeting for September 18, 2026. The board also approved the re-appointment of Mr. Masao Fukami as Whole Time Director and Deputy Managing Director - Technical & CTO (Auto) for a second four-year term starting January 1, 2027, subject to shareholder approval. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_05082026132914_Outcome_of_Board_meeting_DSC.pdf)
- 2026-08-05 — Management Change: Asahi India Glass Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1672_WebXMLFile_20260805_155811628.xml)
- 2026-07-30 — Official Filing: ASAHI INDIA GLASS LIMITED will hold a board meeting on August 5, 2026, to consider unaudited standalone and consolidated financial results for the quarter ended June 2026. The trading window for the company will be closed from July 1, 2026, to August 7, 2026.
- 2026-07-14 — Generic Announcement: Asahi India Glass Limited has opened a special window from February 5, 2026, to February 4, 2027, for the re-lodgement of transfer requests for physical shares sold or purchased before April 1, 2019. This window also covers previously rejected or pending transfer requests due to documentation or procedural issues. Shares transferred will be credited in dematerialized form and subject to a one-year lock-in period. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_14072026170855_NewspaperIntimation_14072026_sd.pdf)
- 2026-07-08 — Official Filing: Asahi India Glass Limited has submitted a certificate for the first quarter ended June 30, 2026, as required by Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate, received from registrar MUFG Intime India Private Limited, confirms that securities received for dematerialization were processed, confirmed, and listed on stock exchanges within the prescribed timelines. The security certificates were mutilated and cancelled, with depository names substituted in the register of members. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_08072026174143_Intimation_74_5_DPRegulations_2018_sd.pdf)
- 2026-06-30 — Generic Announcement: Asahi India Glass Limited will close its trading window for designated persons and their immediate relatives from July 1, 2026. The window will reopen 48 hours after the public announcement of the unaudited financial results for the first quarter ending June 30, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_30062026165553_Intimation_TWC_sd.pdf)
- 2026-06-15 — Shareholding Disclosure: AGC Inc., acting as a promoter for Asahi India Glass Limited, has declared that no encumbrance of equity shares occurred on March 31, 2026, beyond what was already disclosed for the fiscal year 2025-2026, in compliance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. — [Official attachment](https://nsearchives.nseindia.com/corporate/team_sandeshc_09062026132010_Asahi.pdf)
- 2026-05-28 — Generic Announcement: Asahi India Glass Limited announced its audited financial results for the fourth quarter and year ended March 31, 2026, on May 28, 2026. The company published these results in the Business Standard and Veer Arjun newspapers. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_28052026131813_Newspaper_Covering_sd.pdf)
- 2026-05-27 — Generic Announcement: Asahi India Glass Limited's Board of Directors met on May 27, 2026, approving the audited financial results for the fourth quarter and fiscal year ending March 31, 2026. The company's auditors issued an unmodified opinion on these results. The Board also recommended a dividend of Rs. 2 per equity share for the 2025-26 fiscal year, subject to shareholder approval. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_27052026135824_MR.pdf)
- 2026-05-27 — Generic Announcement: Asahi India Glass Limited's Board of Directors met on May 27, 2026, approving the audited financial results for the fourth quarter and fiscal year ending March 31, 2026. The company's auditors issued an unmodified opinion on these results. The Board also recommended a dividend of Rs. 2 per equity share for the 2025-26 fiscal year, subject to shareholder approval. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_27052026140119_MR.pdf)
- 2026-05-27 — Generic Announcement: Asahi India Glass Limited's Board of Directors met on May 27, 2026, approving the audited financial results for the fourth quarter and fiscal year ending March 31, 2026. The company's auditors issued an unmodified opinion on these results. The Board also recommended a dividend of Rs. 2 per equity share for the 2025-26 fiscal year, subject to shareholder approval. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_27052026140624_MR.pdf)
- 2026-05-27 — Generic Announcement: Asahi India Glass Limited's Board of Directors met on May 27, 2026, approving the audited financial results for the fourth quarter and fiscal year ending March 31, 2026. The company's auditors issued an unmodified opinion on these results. The Board also recommended a dividend of Rs. 2 per equity share for the 2025-26 fiscal year, subject to shareholder approval. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASAHIINDIA_27052026135530_MR.pdf)

## News and market events

- 2026-08-17 — Mint: **Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 17 August 2026** — Breakout stocks to buy or sell: Sumeet Bagadia recommends five breakout stocks to buy today — SJS Enterprises, Honasa Consumer, Suven Life Sciences, Sumitomo Chemical India, and Asahi India Glass. — [Source](https://www.livemint.com/market/stock-market-news/breakout-stocks-to-buy-or-sell-sumeet-bagadia-recommends-five-shares-to-buy-today-17-august-2026-11786927363028.html)
- 2026-08-17 — Economic Times: **Nifty takes a breather as bulls and bears watch the next move: Analysts** — The Nifty index has reached a temporary halt following a robust upward surge, positioning itself at critical support and resistance zones. Analysts are divided in their approaches: some suggest capitalizing on price dips, while others lean towards profiting from price spikes. Notably, the Bank Nifty remains strong, indicating potential for additional growth. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/nifty-takes-a-breather-as-bulls-and-bears-watch-the-next-move-analysts/articleshow/133284227.cms)
- 2026-08-06 — Times of India: **Top stocks to buy today: Stock recommendations for August 6, 2026 - check list** — India Business News: Top stock market recommendations: Ambuja Cements, Asahi India Glass, and Pfizer - these stocks have been identified as the top buy calls for August 6,. — [Source](https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-august-06-2026-ambuja-cements-asahi-india-glass-pfizer-best-stocks-to-buy-today/articleshow/132979582.cms)

## Business profile

**Strategic vision:** Integrated glass and windows solutions provider for multiple industries.

### Business segments
- **Automotive Glass:** Offers laminated windshields, tempered glass for sidelites and backlites, and value-added glasses like solar control and acoustic solutions.
- **Building & Construction:** Provides architectural glass products including clear, tinted, solar control, and reflective glass, along with value-added solutions for privacy, safety, and acoustics.
- **Consumer Glass:** Offers specialized services and solutions including car windscreen repair and replacement, lifestyle glass solutions, and high-performance door and window systems.

### Competitive strengths
- 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.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/asahiindia
Markdown representation: https://faxioms.com/stocks/asahiindia?render=md