Asahi India Glass share price today

Asahi India Glass Ltd's share price was ₹1,020.80 at the close on 5 November 2026. It has been rising for 13 weeks. That is 12.4% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹810 and ₹1,027, and at that close it sat 97% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Asahi India Glass Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 14 weeks in a row.

Over the last 11 years the share price moved +591% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

1. Best operating margin in 15 quarters

   Operating margin was 23% in the June 2026 quarter, against 16% a year earlier.

3. Highest quarterly profit in 15 quarters

   Profit of ₹149 crore in the June 2026 quarter is the highest of the last 15 quarters.

For July to September 2026 (the quarter ended 30 September 2026), Asahi India Glass reported revenue of ₹1,586 crore, up 37.8% from ₹1,151 crore a year earlier, and a profit of ₹167 crore, up 187.9% from ₹58.0 crore.

Asahi India Glass results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Asahi India Glass closed at ₹1,020.80 on 5 November 2026, up 9.2% from ₹934.80 a year earlier (7 November 2025) and up 129.6% over five years. Its highest weekly close since March 2016 was ₹1,027.10 on 5 December 2025.

Asahi India Glass share price: then and now

Weekly closing prices. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 5 November 2026.

5 Nov 2026: Asahi India Glass closed at ₹1,020.80, up 12.8% on the week and up 7.9% on the month. Results for July to September 2026: Revenue up 37.8% and profit up 187.9% on a year earlier.

Earlier

• 11 Sep 2026: ex-date for a dividend of ₹2 a share.

Asahi India Glass paid ₹2 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.20% at the ₹1,020.80 close on 5 November 2026. The last was a dividend of ₹2 a share, ex-date 11 September 2026.

Asahi India Glass dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Asahi India Glass Ltd paid out 15% of its profit as dividends in FY26, and it paid a dividend in 11 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

Asahi India Glass' management made 0 promises we could check against what it later reported.

Our read after the April to June 2026 results, written 10 October 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

The changes showing up in Asahi India Glass' own numbers are costs spread over more sales. It is too early to say whether they last.

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Checked against results and calls up to April to June 2026, 10 October 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

The recovery thesis breaks if revenue continues to grow while operating profit declines and inventory remains elevated in the next reporting cycle.

Each change stops working if

• Facility contribution and operating-profit recovery: Operating profit rolls over despite revenue growth, or management reports that the facility's contribution has stalled.
• Debt reduction and lower financing burden: Borrowings and interest expense rise again as new spending absorbs the equity-funded reduction.

The main risks

• Inventory and customer-term uncertainty: Inventory expansion is the largest recent working-capital warning. ⚠ estimate
• : Profit-to-cash conversion does not yet establish self-funded expansion. ⚠ estimate
• Reported earnings and per-share comparability: Base-period other income and equity issuance complicate headline earnings comparisons. ⚠ estimate

Our read after the April to June 2026 results, written 10 October 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

When Asahi India Glass reports October to December 2026, these are the check that show whether the story is still on course. First: Operating margin remains above 21% while revenue exceeds the September 2025 level of ₹1,151 crore, with disclosure that inventory accumulation is easing.

Asahi India Glass is on 2 of our India lists: Momentum stocks and Small & mid cap stocks.

Asahi India Glass Ltd earned ₹167 Cr of net profit in the Sep 2026 quarter, +187.9% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹345 Cr. Over 10 years profit has grown 15.0% a year on average. That is 10.5% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹58.0 Cr.

For the full year, FY26 profit was ₹345 Cr (−6.0% on the year before).

Why profit moved: revenue changed +37.8% on a year earlier and the margin moved +6.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +99.4% and revenue +19.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Asahi India Glass Ltd reported ₹1,586 Cr of revenue in the Sep 2026 quarter, +37.8% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 10 years it has grown 8.5% a year on average. The last full year, FY26, came in at ₹4,982 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹5,609 Cr.

FY26 revenue was ₹4,982 Cr, +8.4% on the year before.

Recent pace: the last four quarters grew +19.8% on average, against 8.5% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +19.7%, against +12.4% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +76.8%, against +33.4% a year (accelerating).

Asahi India Glass Ltd's operating margin was 22.0% in the Sep 2026 quarter, 6.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 10.0% and 24.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +5.5 percentage points on the year while gross margin changed +0.2 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 181% of Asahi India Glass Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹502 Cr of operating cash against ₹345 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹656 Cr of spending on assets, free cash was −₹154 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 181% of profit came in as cash: the cash cycle got 73 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 4.6× depreciation over three years. The next section checks what that spending is building.

Asahi India Glass Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 120 days in FY26, up from 47 days in FY21. It spent ₹3,003 Cr on assets over the last 3 years. Customers take 37 days to pay, and stock sits for 302 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹4,982 Cr, each day of that cycle ties up about ₹13.6 Cr, so roughly ₹1,638 Cr is tied up in the business at any time.

FY26: customers took 37 days to pay and stock sat for 302 days, about 9.9 months of sales sitting as stock, for a full cycle of 120 days, longer than FY21's 47.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 302 days. Customers pay about 37 days after that. Suppliers are paid at 219 days. Together that makes the 120-day cycle.

Spending on assets: ₹3,003 Cr over the last 3 years, against ₹654 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹445 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Asahi India Glass Ltd's P/E is 46.7×, in the middle of its own history: higher than 60% of past readings. Its usual P/E (the middle reading) is 43.0×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹21.51.