Company Profile For Asahi India Glass Ltd

Asahi India Glass Ltd (AISG.BO) (Bombay Stock Exchange)

sector: Industrials · industry: Construction - Supplies & Fixtures ·

As of 26 Nov 2009

62.15INR

Price Change

-1.00

Percent Change

-1.58%

Analyst Recommendations

Overview

Asahi India Glass Limited (AIS) is an India-based integrated glass company. The Company manufactures a range of automotive safety glass, float glass, architectural processed glass and glass products. The Company has three business units: AIS Auto Glass, AIS Float Glass and AIS Glass Solutions. AIS Auto Glass manufactures laminated windshield, antenna printed backlites, solar control glass and glass antenna, among others.AIS Float Glass’ products include AIS Clear Float Glass, AIS Tinted Float Glass, AIS Supersilver, AIS Decor, AIS Krystal and AIS Mirror. AIS Glass Solutions supplies products, which include AIS Stronglas, AIS Securityglas, AIS Acousticglas, glass products, such as AIS Shower Enclosure, AIS Tabletops and AIS Shelves, and Solar-low-fe glasses. On March 6, 2009, the Company incorporated a wholly owned subsidiary, Integrated Glass Materials Ltd. (IGML).

Quick Financial Synopsis

BRIEF: For the three months ended 30 June 2009, Asahi India Glass Limited's revenues decreased 5% to RS3.11B. Net loss decreased 82% to RS78.1M. Revenue reflects a decrease in income from Float glass and lower income from others segments. Net loss reflects a decrease in a decrease in purchase of traded goods, lower power & fuel expenses and lesser other expenses. The Company is engaged in producing & marketing of automotive glass in India.