StockWatch
·

ASAHI INDIA GLASS LTD.

BSE: 515030

P/L Snapshot

Q1 FY27 · standalone

vs Q4 FY26·vs Q1 FY26
Revenue
1.3K
+3.5%+14.7%
Expenditure
1.1K
+1.3%+3.6%
Net Profit
151.45
+20.3%+183.8%
OPM %
24.04%
+2.40pp+8.25pp

Shareholding

Pattern breakdown

P/L Trends

(in crores)

RevenueExpenditureNet Profit
0.00371.42742.841.1K1.5KQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Price Chart
Reports

Asahi India Glass Q1 FY27: consolidated PAT up 172% YoY as margins expand ~690bps

automotive glass · float glass · margin expansion

ResultsQ1 FY2705 Aug 20263 minAutomobile

Can AIS Defend Margins as Plant Recovers?

automotive-glass · margins · float-glass

Result previewQ1 FY2704 Aug 20263 minAutomobile
Latest
Board Meeting5 Aug, 1:21 pm

Asahi India Glass Q1 FY27: consolidated PAT up 172% YoY as margins expand ~690bps

Asahi India Glass's consolidated Q1 FY27 (quarter ended 30 June 2026) revenue rose 15.0% YoY to ₹1,413.39 Cr (from ₹1,228.74 Cr) and 4.4% QoQ (from ₹1,354.06 Cr in Q4 FY26). Consolidated PAT attributable to owners surged 172.1% YoY to ₹149.08 Cr (from ₹54.79 Cr) and 12.4% QoQ (from ₹132.61 Cr) — profit growth far outpacing revenue as EBITDA margin expanded to roughly 23.3% from 16.4% a year earlier. Standalone told the same story: PAT of ₹151.45 Cr was up 183.9% YoY on revenue of ₹1,320.11 Cr (+15.4% YoY), with basic EPS of ₹5.94 standalone against ₹5.85 consolidated. Neither the current nor year-ago quarter carried exceptional items, so this is like-for-like operating growth, not a base effect from one-offs. The margin expansion traces largely to raw material costs: cost of raw materials consumed fell to 25.5% of consolidated revenue from 37.4% a year ago (~1,190 bps improvement), which more than offset a rise in power & fuel cost to 18.0% of revenue from 16.0%. The gain was broad-based but sharper in Float Glass — segment result more than tripled to ₹117.03 Cr from ₹36.70 Cr (+218.9% YoY) on revenue of ₹545.22 Cr (+41.0% YoY) — while Automotive Glass segment result rose 55.3% YoY to ₹127.66 Cr from ₹82.18 Cr on revenue of ₹949.23 Cr (+22.1% YoY). Other income actually declined YoY (₹5.75 Cr vs ₹10.77 Cr consolidated), confirming the profit surge is purely operational rather than aided by treasury or one-off income. The company gives no formal quarterly guidance and none is on record from the prior quarter, so this print cannot be graded against management's own targets — no prior outlook is on file. A web search for brokerage previews or consensus PAT estimates specific to this quarter did not turn up a solid number, so the result is marked unknown versus Street rather than assumed. The print follows the ₹2/share FY26 dividend recommended alongside May 2026 annual results, and comes alongside the board approving Mr. Masao Fukami's reappointment as Dy. Managing Director (Technical & CTO, Auto) for a second four-year term from January 2027 — continuity in automotive-glass leadership as that segment posted a sharply better quarter. Consolidation includes three subsidiaries (AIS Consumer Glass Solutions, Integrated Glass Materials, Shield Autoglass) and one associate (Fourvolt Solar), which contributed an immaterial ₹0.23 Cr loss this quarter (₹0.06 Cr loss a year ago). With margin expansion this pronounced continuing sequentially (standalone operating margin proxy ~21.6% in Q4 FY26 to ~24.4% in Q1 FY27), the key monitorable into Q2 FY27 is whether the raw-material cost relief persists, or whether the emerging uptick in power & fuel intensity spreads to other cost lines and narrows the margin gain back toward historical levels.

5 Aug 2026, 01:21 pm

Corporate Events

Board MeetingASAHIINDIA
2026
18Sep

Board Meeting

The Company has sent a letter providing a web-link and QR Co…

BSE Filing
DividendASAHIINDIA
2026
11Sep

₹2 / share

BSE Filing
Board MeetingASAHIINDIA
2026
5Aug

Board Meeting

The meeting of the Board of Directors will be held to consid…

BSE Filing
Board MeetingASAHIINDIA
2026
27May

Board Meeting

The board meeting is scheduled to consider and approve the A…

BSE Filing
Board MeetingASAHIINDIA
2026
24Mar

Board Meeting

The Board of Directors approved and entered into an agreemen…

BSE Filing
DividendASAHIINDIA
2025
3Sep

₹2 / share

BSE Filing
Board MeetingASAHIINDIA
2025
14May

Board Meeting

Update on board meeting, Consider and approve Dividend, if a…

BSE Filing
Board MeetingASAHIINDIA
2024
15May

Board Meeting

consider and approve Audited Financial Results for the fourt…

BSE Filing
Board MeetingASAHIINDIA
2024
25Jan

Board Meeting

consider, approve and take on record the Unaudited Financial…

BSE Filing
Board MeetingASAHIINDIA
2023
2Nov

Board Meeting

Consider and approve Unaudited Financial Results for Q2 and …

BSE Filing