Aro Granite Inds.
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Aro Granite Industries' board approved a proposed slump sale of its Jaipur SEZ business unit to United Stones Private Limited for ₹67 crore on a going-concern basis, subject to shareholder, bank and regulatory approvals. The draft transaction was non-binding; the unit contributed ₹11.96 crore, or 16.27% of FY26 consolidated turnover, had a book value of ₹48.19 crore, and the proceeds were earmarked for core-business expansion, loan-cost reduction and working capital.
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Aro Granite Industries' board approved a proposed slump sale of its Jaipur SEZ business unit to United Stones Private Limited for ₹67 crore on a going-concern basis, subject to shareholder, bank and regulatory approvals. The draft transaction was non-binding; the unit contributed ₹11.96 crore, or 16.27% of FY26 consolidated turnover, had a book value of ₹48.19 crore, and the proceeds were earmarked for core-business expansion, loan-cost reduction and working capital.
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Aro Granite Industries scheduled its 38th annual general meeting for 11 September 2026, with shareholders due to vote on the reappointments of Sunil Kumar Arora as managing director and Sahil Arora as whole-time director. The agenda also sought approval for borrowing up to ₹50 crore collectively from promoter-directors Sujata, Sahil and Sunil Arora during FY27 to meet operating and working-capital needs; the proposed amount represented 68.02% of FY26 consolidated turnover.
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Aro Granite Industries scheduled its 38th annual general meeting for 11 September 2026, with shareholders due to vote on the reappointments of Sunil Kumar Arora as managing director and Sahil Arora as whole-time director. The agenda also sought approval for borrowing up to ₹50 crore collectively from promoter-directors Sujata, Sahil and Sunil Arora during FY27 to meet operating and working-capital needs; the proposed amount represented 68.02% of FY26 consolidated turnover.
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What does Aro Granite Inds. do?
ARO Granite Industries Limited is a 100% Export Oriented Unit specializing in processing and exporting polished/flamed granite tiles and slabs with modern machinery. It serves markets in North America, South America, Europe, and the Far East.
Who are the competitors of Aro Granite Inds.?
Aro Granite Inds. major competitors are Oriental Trimex, Madhav Marbles&Gran., NeelkanthRockmineral, Lexus Granito (I), Ganga Bath Fittings, Inani Marbles &Inds., Shiva Granito Export. Market Cap of Aro Granite Inds. is ₹35 Crs. While the median market cap of its peers are ₹30 Crs.
Is Aro Granite Inds. financially stable compared to its competitors?
Aro Granite Inds. seems to be less financially stable compared to its competitors. Altman Z score of Aro Granite Inds. is 0.84 and is ranked 6 out of its 8 competitors.
Does Aro Granite Inds. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Aro Granite Inds. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Aro Granite Inds. allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Aro Granite Inds. balance sheet?
Aro Granite Inds. balance sheet is weak and might have solvency issues
Is the profitablity of Aro Granite Inds. improving?
No, profit is decreasing. The profit of Aro Granite Inds. is -₹19.33 Crs for TTM, -₹11.82 Crs for Mar 2026 and -₹6.42 Crs for Mar 2025.
Is the debt of Aro Granite Inds. increasing or decreasing?
The net debt of Aro Granite Inds. is decreasing. Latest net debt of Aro Granite Inds. is ₹127 Crs as of Mar-26. This is less than Mar-25 when it was ₹143 Crs.
Is Aro Granite Inds. stock expensive?
Aro Granite Inds. is not expensive. Latest PE of Aro Granite Inds. is 0, while 3 year average PE is 15.07. Also latest EV/EBITDA of Aro Granite Inds. is 0.0 while 3yr average is 21.58.
Has the share price of Aro Granite Inds. grown faster than its competition?
Aro Granite Inds. has given better returns compared to its competitors. Aro Granite Inds. has grown at ~-38.07% over the last 1yrs while peers have grown at a median rate of -42.17%
Is the promoter bullish about Aro Granite Inds.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Aro Granite Inds. is 41.08% and last quarter promoter holding is 41.08%.
Are mutual funds buying/selling Aro Granite Inds.?
There is Insufficient data to gauge this.