ASIANTILES
NSEโ†—BSEโ†—Small Cap
Asian Granito India Limited
Consumer Durablesโ€บCeramics
Current Priceโ‚น45.94(-0.71%)
Market Capโ‚น1,362 Cr
Analysis WindowQ1 FY27
Last Updated28 Oct 2026
Flagium AI Risk Score
Risk Score measures the severity of detected structural financial risks using Flagium's quantitative risk framework. A lower score indicates fewer or less severe detected risks (0 = Minimal Risk, 100 = Severe Risk). Quarter-to-quarter changes reflect changes in the underlying risk signals, not investment recommendations.
30/ 100
Scale: 0 = Clean โ€ข 100 = Severe Risk (Lower is safer)80th Percentile ยท Sector
Risk ClassWatch
Risk Trend
ImprovingQoQ Delta -5 pts
Business๐ŸŸก Watch
Primary DriverOperating Leverage Stress
Valuationsโ—‹ Balanced
Implied Rev Gap+0.0%Valuation Risk: Medium
Market Structureโœ— Weak
Stage 463 sessions

High-quality business currently experiencing weak market structure. Monitor for trend reversal. Valuations remain balanced and supported by current metrics.

Market Alignment๐ŸŸกPartial ConfirmationMarket structure shows partial alignment with the underlying fundamental risk profile.

SENTINEL REVIEW

Asian Granito India Limited (ASIANTILES)โ€ขUpdated yesterday

EXECUTIVE FORENSIC DIAGNOSIS
27 Sept 2026

๐Ÿšจ Structural Deterioration Signature: In FY2026, Asian Granito India Limited is experiencing severe operating deterioration, marked by a 8.8% YoY decline in reported net profit to โ‚น18.7 Cr and persistent margin compression. EBIT margins fell to -4.8% from 5.9% YoY, signaling significant internal efficiency stress and an elevated risk ranking within the consumer durables sector. This operating strain is compounded by operational friction: expenses outpacing sales, debtor days at 116.7, and CFO down 15.4% to โ‚น94.0 Cr. Against this liquidity strain, total debt expanded 64.3% to โ‚น428.0 Cr, pushing interest coverage down to 2.15x and entering Flagium's heightened surveillance range.

WHAT CHANGED THIS QUARTER
  • โœ“Risk score improved (QoQ change: -5 pts)
  • โœ“Profitability margins pressure eased (Industrial Margin Stress resolved)
  • โœ“Balance Sheet Stress stress eased (-3.8 pts this quarter)
  • โœ—New risk trigger: Operating Leverage Stress (+9.6 pts)
  • โœ“Growth expectations are conservative
  • โœ—Market structure is declining (Stage 4)
  • โœ—Institutional flow regime is Neutral (0.18ฯƒ)
  • โœ—Share price is down -7.5% this quarter (from โ‚น49.68 on 30 Sept to โ‚น45.94)
DUE DILIGENCE CHECKLIST
  • ๐Ÿ”ดInvestigate Operating Leverage Stress and balance sheet impact
  • ๐ŸŸขIndustrial Margin Stress resolved in latest filing; verify sustainability in next filing
  • ๐ŸŸขMaintain routine quarterly surveillance; no governance escalation required
RISK CONTRIBUTORS
  • 9.6 ptsGrowth Sustainability
  • 7.7 ptsBalance Sheet Stress
  • 13.0 ptsMacro & Sector Calibration
NEED CLARIFICATION ON THIS QUARTER'S AUDIT?

Divergence Radar

BUSINESS STRENGTH70/100
VALUATION ATTRACTIVENESS (MARGIN OF SAFETY)51/100
MARKET TREND STRUCTURE15/100
INSTITUTIONAL FLOW ACCUMULATION54/100

Structural Matrix

Valuation
Business Quality
Attractive
Balanced
Demanding
Strong
Moderate
Weak
๐ŸŸก
Profile: STRONG ร— BALANCED VALUATION

Risk vs Price Timeline
Visualizing the historical relationship between the structural risk score and stock price movement over time.

Loading Chart
Share Price
Risk Score (0-100)
Market Performance
โ‚น45.94(-0.71%)
1M Divergence-1.72%
DurationPerf.Sector AvgDivergence
1 Week-4.29%-1.46%-2.83%
1 Month-8.41%-6.69%-1.72%
6 Months-29.33%+6.82%-36.16%
1 Year-27.95%+8.93%-36.88%
2 Year-32.26%+47.64%-79.9%
3 Year-41.1%+125.5%-166.6%

Business Analysis Methodology

Business analysis focuses on structural risk inside the company. Flagium monitors earnings quality, balance sheet strength, liquidity, governance, competitive position, and growth sustainability to identify areas where risk may be increasing or decreasing before it becomes obvious in reported results.

Flagium AI Risk Score30 / 100Riskier than 80% of Sector Peers
Risk Class
Watch
Risk Trend-5 QoQ ยท ImprovingRisk score improved (-5 pts)
Stress MomentumStable (0 Qtrs)Consecutive quarters worsening
Severe Risk Chance5%
Low / Manageable
Interpretation

Financial profile remains stable for now. Pressure is receding in growth sustainability. This suggests the risk profile is currently stabilizing. Risk levels are improving.

Risk Score Composition

Absolute point contribution of each forensic risk driver to the final composite risk score.
Growth Sustainability
+9.6 pts
Balance Sheet Stress
+7.7 pts
Macro & Sector Calibration+13.0 pts
(Baseline sector risk adjustment to prevent false alarms in volatile industries)
Final Composite Risk30 / 100

Investment Risk Thesis

Historical Trend

Current risk score has risen from 15 โ†’ 30 over 14 quarters.

Expected Direction
IMPROVING TRAJECTORY
Primary Deterioration Drivers
NEWOperating Leverage Stress
+9.6 pts
RESOLVEDIndustrial Margin Stress
-13.5 pts
IMPROVEDLow Interest Coverage
-3.8 pts
What to Watch Next Quarter
  • Operating profit margins

Risk Drivers (Active Warnings)

Earning Quality
โ– Operating Leverage Stress
HIGHAccelerating
Decaying / Resolved Signals (12Q Surveillance)
โœ“ Industrial Margin Stress (Q4-FY26)โœ“ Profit Collapse (Q4-FY26)โœ“ Inventory Stress (Q2-FY26)

Primary Driver & Insights

Key Contributor
Earning Quality
โ– Operating Leverage StressHIGH
Forensic Analyst Insight

Operating leverage stress indicates a high fixed-cost base. This makes operating profit highly sensitive to any marginal drop in sales, compounding downside risk.

Advanced Business Analytics

Active Risk Objects (10)Free Preview (2 of 10)

CriticalHigh
[O1]Operating Leverage Stress
Earnings QualityQuarterlyActive for 1 Qtr
Framework: XBRL Quarterly
Leverage GapHigh Tier
+11.5%Expense > Rev
Signal MomentumAccelerating
Historical Baseline12-Qtr Median: 0.2%
Empirical Trigger

Expenses are consistently growing faster than revenues, creating operational pressure.

Forensic Implication

Margins are in freefall. Operating costs are growing significantly faster than revenue.

Statutory XBRLFiling Period: Q1 FY2027
[F4]Low Interest Coverage
Liquidity & CoverageQuarterlyActive for 10 Qtrs
Framework: XBRL Quarterly
CoverageCritical Tier
2.15xEBIT โ‚น18.4 Cr
Signal MomentumPersistent
Historical BaselineSolvency Floor: 2.50x
Empirical Trigger

ASIANTILES: Low Interest Coverage Ratio of 2.15x in FY2027 Q1 (Threshold: 2.5x).

Forensic Implication

Earnings buffer for interest payments is narrowing. Monitor for margin pressure.

Statutory XBRLFiling Period: Q1 FY2027
๐Ÿ”’
โญ Pro Forensic Intelligence

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Statutory Note: Forensic signals are algorithmic quantitative observations derived from publicly filed XBRL disclosures and do not constitute allegations of legal misconduct or investment recommendations.

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Access complete multi-quarter financial evidence, 5-KPI snapshot strips, diagnostic hypotheses, and 1-page forensic PDF dossiers for Asian Granito India Limited.

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Risk Trajectory
Historical 12-quarter risk trend (Q-11 to Q0) followed by a 2-quarter predictive funnel (Q+1, Q+2).
Loading Chart
Business Stability
Key indicators of structural risk, cash buffer capability, and risk progression.
Shock ResistanceHigh
Severe Risk ChanceLow
Financial StabilityHigh
Margin of SafetyHigh
Forensic Benchmark Context: Consumer Durables (n=97 peers)

Structural Risk Attribution

Auditable forensic risk attribution explaining why the Flagium AI Risk Score changed between quarters. Deconstructs the score delta into new triggers, severity escalations, cross-pillar contagion overlays, and rules no longer triggered in the latest quarter.

Deterministic quarter-on-quarter causal decomposition grounded in statutory exchange filings.

Peer Benchmark:Consumer Durables(n=97 peers)
Median Risk: 15/100Position: 80th Percentile

Historical Trajectory (12Q)

โ† Swipe older12Q window
10/100
Base
10/100
11/100
11/100
16/100
21/100
16/100
17/100
14/100
9/100
35/100
BREAK
30/100
LATEST
35โž”30/100
โ–ผ5-point improvement(Q4 FY26 โž” Q1 FY27)
Auditable forensic risk attribution explaining why the Flagium AI Risk Score changed between quarters.
Executive Synthesis:

Risk improved moderately (-5.0 pts), driven by Industrial Margin Stress (-13.5 pts) and Profit Collapse (-5.4 pts), partially offset by new Operating Leverage Stress (+9.6 pts).

Reconciliation Bridgeยท Swipe โž”
Deterministic Statutory Flow
Base35Q4 FY26
โž”
+ New Stress+9.61 flag
โž”
- Resolved-22.73 flags cleared
โž”
Scaling & Drift
Net calibration combining economic pillar capacity ceiling (-4.9 pts) and temporal volatility dampening (+13 pts).
+8.1Pillar Cap & Drift
โž”
Terminal30-5 net ยท Q1 FY27
What Changed This Quarter4 Active Catalysts
New Stress (1 Flag)
+9.6 pts
Growth SustainabilityยทHIGH Risk
โ€ข Trigger:Operating expense growth outpaced revenue growth, breaching operating leverage stress threshold.
Revenue YoY:+35.5%Op. Expenses YoY:+36.0%Operating Margin:-7.8% โ†’ 1.8%
Normalized & Resolved (3 Flags)
-13.5 pts
Growth SustainabilityยทBelow Risk Threshold
โ€ข Cause:Operating margins stabilized or expanded, easing profitability compression below risk threshold.
Operating Margin:-7.8% โ†’ 1.8%Revenue YoY:+35.5%
-5.4 pts
Earnings QualityยทBelow Risk Threshold
โ€ข Cause:Net profit rebounded or base-effect losses normalized, clearing the profit contraction threshold.
PAT YoY:+11.5%
-3.8 pts
Balance Sheet StressยทBelow Risk Threshold
โ€ข Cause:Operating earnings expanded relative to finance costs, lifting debt service coverage.
Interest Coverage:-4.6x โ†’ 1.1x
Risk Pillar Changes
Net shift in risk score points contributed by each fundamental economic pillar between the two quarters.
6 Fundamental Pillars
Balance Sheet Stress-3.8 pts
Q4 FY26: 11.5โ†’Q1 FY27: 7.7
Competitive Positionโ€”
Q4 FY26: 0โ†’Q1 FY27: 0
Earnings Quality-4 pts
Q4 FY26: 4โ†’Q1 FY27: 0
Governanceโ€”
Q4 FY26: 0โ†’Q1 FY27: 0
Growth Sustainability-0.4 pts
Q4 FY26: 10โ†’Q1 FY27: 9.6
Solvencyโ€”
Q4 FY26: 0โ†’Q1 FY27: 0

12Q Structural Regimes & Inflections

Deterministic macro trajectory milestones
STRUCTURAL BREAK โ€” Q4 FY269 โ†’ 35 | +26 pts

Risk deteriorated materially (+26.0 pts), driven by new Industrial Margin Stress (+13.5 pts) and new Low Interest Coverage (+11.5 pts).

Forensic Trajectory Shifts:
โ€ขNew Forensic Triggers: 3 new risk signals emerged: Industrial Margin Stress, Low Interest Coverage, Profit Collapse
โ€ขOperating Margin: 5.6% โ†’ -7.8%
โ€ขRevenue YoY: +13.4%
โ€ขInterest Coverage: 3.5x โ†’ -4.6x

Business Resilience & Benchmark Context

Overall: STRONG
Solvency(10)Excellentโ˜…โ˜…โ˜…โ˜…โ˜…
โ–ˆโ–ˆโ–ˆโ–ˆโ–ˆ100th %ile
Governance(10)Excellentโ˜…โ˜…โ˜…โ˜…โ˜…
โ–ˆโ–ˆโ–ˆโ–ˆโ–ˆ100th %ile
Earnings Quality(10)Excellentโ˜…โ˜…โ˜…โ˜…โ˜…
โ–ˆโ–ˆโ–ˆโ–ˆโ–ˆ100th %ile
Balance Sheet Stress(6.2)Fairโ˜…โ˜…โ˜…โ˜†โ˜†
โ–ˆโ–ˆโ–ˆโ–‘โ–‘62th %ile
Competitive Position(10)Excellentโ˜…โ˜…โ˜…โ˜…โ˜…
โ–ˆโ–ˆโ–ˆโ–ˆโ–ˆ100th %ile
Growth Sustainability(0.4)Weakโ˜…โ˜†โ˜†โ˜†โ˜†
โ–‘โ–‘โ–‘โ–‘โ–‘4th %ile

PEER COMPARISON MATRIX

Ranked surveillance & credit risk comparison against sector peers

Company displays higher risk profile compared to the Sector Mean (15).
ALPINETEXLowest Risk
Alpine Texworld Limited
0STABLE
Sector %ile0th
Delta0
Active Flags0
Accel+0
Governance

Stable

ARCHIDPLY
Archidply Industries Limited
1STABLE
Sector %ile9th
Delta-5
Active Flags18
Accel+0
Earnings Quality

Stable

ASIANPAINT
Asian Paints Limited
18WATCH
Sector %ile53th
Delta-5
Active Flags21
Accel+0
Growth Sustainability

Stable

ALLTIME
All Time Plastics Limited
20WATCH
Sector %ile63th
Delta-5
Active Flags7
Accel+0
Growth Sustainability

Watch

ASIANTILES
Asian Granito India Limited
30MODERATE
Sector %ile80th
Delta-5
Active Flags10
Accel+0
Growth Sustainability

Watch

BATAINDIAHighest Risk
Bata India Limited
42MODERATE
Sector %ile98th
Delta-8
Active Flags22
Accel+0
Earnings Quality

Moderate Deterioration

* Peer comparison is based on risk signals, not valuation or returns.

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FINANCIAL STATEMENTS

Financial SummaryAudited ยท Consolidated
Operating Margin (OPM)
6.4%
Growingโ†‘
Cash Conversion (CCC)
100 Days
Growingโ†‘
Debt / Equity Ratio
0.28x
Deterioratingโ†‘
Revenue Trend
โ‚น1,875 Cr
Growingโ†‘
Swipe for all periods โ‡†
MetricFY2026FY2025FY2024FY2023FY20223Y CAGR
Structural triggersโ€“โ€“
Revenue1,8751,5681,5431,5791,606+6%
growth % YoY+19.6%+1.6%โˆ’2.3%โˆ’1.7%โ€”โ€”
EBITDA1208563(51)167n/m
margin %6.4%5.4%4.1%-3.3%10.4%โ€”
Net Profit18.720.6(19.9)(86.9)92.1n/m
margin %1.0%1.3%-1.3%-5.5%5.7%โ€”
CFO94.081.4(82.4)(48.8)2.3n/m
CFO / Net Profit5.02x3.96x4.14x0.56x0.03xโ€”
Debt428261235214โ€”+26%
Structural triggers first appear in FY2024 (ringed).

Working Capital & Forensic Monitor

Operating Cycle Disclosuresยท10 Fiscal Years

Cash Conversion Cycle
100 days-2d YoY
Receivables:-10d
Inventory:+1d
Payables:-7d
Net Working Capital
โ‚น510 Cr
5-Year Average Cycle: 93 days
Earnings-to-Cash Divergence
โ‚น-75 Cr
PAT โˆ’ CFO (Cash Surplus)
5Y Cum: โ‚น-21 Cr
Accrual Quality Monitor
Clean (Cash Backed)
Accruals: -3.29% of Avg Assets

Working Capital Schedule (INR Cr)

Metric / RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Trade Receivables(โ‚น Cr)
555507405418โ€”โ€”โ€”โ€”โ€”โ€”
Inventories(โ‚น Cr)
342283267255โ€”โ€”โ€”โ€”โ€”โ€”
Trade Payables(โ‚น Cr)
387353275348โ€”โ€”โ€”โ€”โ€”โ€”
Net Working Capital(โ‚น Cr)
510437397324โ€”โ€”โ€”โ€”โ€”โ€”
Working Capital / Sales(%)
27.2%27.9%25.7%20.5%โ€”โ€”โ€”โ€”โ€”โ€”

Cash Conversion & Operating Cycle (Days)

Metric / RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash Conversion Cycle (CCC)(days)
100d102d94d75dโ€”โ€”โ€”โ€”โ€”โ€”
Debtor Days (DSO)(days)
108d118d96d96dโ€”โ€”โ€”โ€”โ€”โ€”
Inventory Days (DIO)(days)
67d66d63d59dโ€”โ€”โ€”โ€”โ€”โ€”
Creditor Days (DPO)(days)
75d82d65d80dโ€”โ€”โ€”โ€”โ€”โ€”

Forensic Accounting Monitor & Divergences

Metric / RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Receivable Growth vs Sales (ฮ”)(%)
-10.1%+23.6%-0.7%โ€”โ€”โ€”โ€”โ€”โ€”โ€”
Inventory Growth vs Sales (ฮ”)(%)
+1.3%+4.4%+7.0%โ€”โ€”โ€”โ€”โ€”โ€”โ€”
Asset Growth vs Sales (ฮ”)(%)
-1.8%+8.4%+1.0%โ€”โ€”โ€”โ€”+4.9%+3.4%โ€”
Earnings-to-Cash Divergence (PAT - CFO)(โ‚น Cr)
-75-6163-3890โ€”โ€”-65-37-14
Accrual Ratio (Accruals / Avg Assets)(%)
-3.3%-3.0%3.3%-2.0%โ€”โ€”โ€”-5.3%-3.3%-1.3%
Operating Cash Realisation (CFO / EBITDA)(%)
432.7%1041.0%โ€”โ€”2.1%โ€”โ€”100.0%67.6%49.6%
Capitalisation Intensity (CWIP / Assets)(%)
โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”

Industry Intelligence

Consumer Durables KPIs
Gross Margin
โ“˜
Q1 FY2027
Current82.9%
QoQ Change+320 bpsโ†‘ Operating efficiency gains
YoY Change+310 bpsโ†‘ Operating efficiency gains
Industry Median48.5%
EBITDA Margin
โ“˜
Q1 FY2027
Current6.4%
QoQ Changeโ€”
YoY Change-120 bpsโ†“ Profitability contraction
Industry Median15.5%

Understanding Consumer Durables KPIs

Gross Margin: Revenue minus cost of materials as % of revenue. Measures pricing power. Learn More โ†’
EBITDA Margin: EBITDA divided by revenue. Core operational profitability metric. Learn More โ†’
Shareholding Pattern & Pledging Monitor12QZero Pledge
Ownership structure stable
Promoter holding 36.90% (+7.88 pp across 12 quarters) ยท zero pledge or encumbrance ยท institutional holding 1.73%
Q2 FY2027 ยท latest disclosed quarter
Net Capital Flow (Q2 FY2027):FII +0.22 ppDII 0 ppPromoters -1.89 ppPublic +1.67 pp
FII+DII Net: +0.22 pp
Latest Ownership Distribution (Q2 FY2027)100.00%
Promoters (36.90%)
FII (1.59%)
DII (0.14%)
Public (61.37%)
Quarterly Progression
3 unchanged โ€” Government 0.00% ยท Promoter Pledge (% Prom) 0.00% ยท Total Pledged (% Eq) 0.00% across 12 quarters

* Sourced from quarterly shareholding pattern disclosures filed under Regulation 31 of SEBI (LODR) Regulations. Pledged shares include encumbrances, non-disposal undertakings (NDU), and liens.

๐ŸŽ™๏ธ

Concall & Management Takeaways

Investor Earnings Call Transcripts & Tone Analysis

No investor earnings call transcripts transcribed for this scrip.

Earnings call intelligence is automatically populated when companies conduct quarterly earnings calls with institutional investors and publish transcripts.

Sentinel Forensic AssessmentALGORITHMIC RISK PROFILE โ€ข NON-ADVISORY
Fundamental Status

Business quality remains strong.

Forensic Pressure

Current forensic pressure is elevated and improving.

Primary Risk Vectors

Key risks remain concentrated in growth sustainability and operating leverage.

The risk profile is Early Signals and currently improving. Recent structural triggers in growth sustainability suggest a building pressure on the underlying framework. Material forensic traces are visible in core structural metrics, indicating a progressive erosion of structural stability. Initial structural recovery is visible; monitor for a sustained return to resilience.

Market Expectation Engine

BALANCED EXPECTATIONS

Investor Translation โ€ข What the market price is expecting

Expectation Engine

At the current price of โ‚น46, the market expects this company to grow its revenue by 2.1% every year for the next 5 years. If you think the company will grow faster than 2.1%, current market prices reflect a discount relative to that growth assumption.

Sentinel Takeaway:The market expects future growth in line with the company's historical delivery. Current market expectations appear balanced relative to the business's track record, representing standard expectation risk.

Implied Revenue CAGR2.1%Future Growth Needed
Observed Revenue CAGR5.9%Actual Past Growth
Revenue Growth Gap-3.8%Growth Jump Needed
Expectation Risk49/100Price Risk Score
CONSERVATIVE (-7%)BALANCEDDEMANDING (22%)
Historical (5.9%)
Market (2.1%)
Valuation Summary

Using the Implied Revenue Model, the market is pricing ASIANTILES for 2.1% implied revenue growth versus 5.9% observed 3Y revenue CAGR. Current expectations appear conservative, and trailing fundamentals provide moderate support.

Business Delivery Capacity

Performance quality vs historical benchmarks
Historical Delivery Assessment
Revenue Growth SupportObserved CAGR vs cost of capital baseline
5.9% CAGR
โœ“ Achieved
Operating Profitability SupportEBIT margins compared to historical standards
0.2% Margin
โœ— Weak Margin
Cash Flow Generation SupportOperating cash flow conversion and support cushion
-714.8% Conv
โœ— Negative
Capital Leverage RiskLeverage indicators and solvency pressure
Pressure
โœ— Leverage Risk
Delivery Capacity Index
25/100
LOW CAPACITY

Historical business performance currently provides limited support for the market's implied growth assumptions. Improvement in revenue growth and operating efficiency would strengthen expectation support.

WHY IS EXPECTATION RISK ELEVATED?

Risk Drivers:
โœ“Weak profitability support
โœ“Weak cash generation support

Valuation Context

Historical Valuation59th percentile
Cash Yield Support-2.93% (Weak)
Sector Premium-3% EV/EBITDA
Current Valuation RegimeBalanced

WHAT MUST HAPPEN FOR CURRENT PRICE TO BE CORRECT?

MARKET REQUIRED METRICS
Assumption MetricRequired (To justify current price)Historical Delivery (Average)Fulfillment Assessment
Revenue Growth (CAGR)2.1%5.9%Achievable
Operating Margin (EBIT)0.6%0.2%Demanding
Free Cash Flow Conversion-370.0%-714.8%Aggressive

*Required metrics indicate the operating efficiency and revenue expansion parameters that must be sustained long-term to justify the current stock price.

Advanced Valuation Analytics
Sentinel Expectation Assessment

The current valuation assumes business performance broadly in line with the company's historical record. Historical operating performance currently provides limited evidence that these expectations are sustainable. Continued stronger profitability and stronger cash generation would be required to justify current pricing.

Market Structure Methodology

Flagium separates Business Risk from Market Structure. Business analysis explains what is happening inside the company. Market Structure measures how investors are behaving through price trends, momentum, participation, and institutional activity. Divergences between the two often reveal important transitions before they become obvious.

Market Structure
STAGE 4
DOWNTRENDCAPITAL EROSION RISK
Stage Progress
Measures the progress of the stock's current price, volume, and momentum characteristic alignments.
0%
TrendDeclining
MomentumNeutral
ParticipationNeutral
A/D FlowDeteriorating
Sentinel Market Insight

The stock remains in a confirmed Stage 4 declining phase. Institutional participation has also deteriorated, compounding the weak trend as momentum continues to deteriorate. Current price action does not yet confirm a structural recovery.

What Is Driving Market Structure?

Market Drivers
โœ—Long-term trend remains below the 150DMA
โœ—Long-term trend remains below the 200DMA
โœ—RS continues to lag the market
โœ—Institutional flow has deteriorated
โœ—Momentum remains negative
Summary
๐ŸŸกPartial Confirmation

Market structure shows partial alignment with the underlying fundamental risk profile.

Market Cycle Stage Analysis

Stan Weinstein 4-Stage Cycle
S1
Base Building(Institutional accumulation & base building)
S2
Strong Uptrend(Ideal breakout & momentum zone)
S3
Topping Out(Institutional distribution & profit taking)
S4
Downtrend(Elevated capital erosion risk)
Stage Lifecycle
Stage Progress
0%
Readiness LabelLow (Early Base Consolidation)
Regime Sessions63 Sessions
Transition Probability0% Low
Measures the alignment and consistency of the stock's price trend relative to its historical volume volatility.
0.4343ฯƒ Weak
Trend & Strength
Trend QualityDeteriorating
150 DMA Slope-4.0382%
Participation & Volume
Total rupee value of shares actually delivered into buyers' Demat accounts today (excluding intraday trades). Delivery % indicates what portion of today's total trade was held as delivery rather than squared off intraday.
โ‚น8.9 Cr88.51% Delivery (High Conviction)
Compares the 21-day average delivery turnover against the 200-day long-term baseline. Delivery expansion above baseline confirms a structural accumulation trend.
โ–ผ 48.8% (21D vs 200D Avg)Delivery Volume Drying Up
Avg Turnover (200D)
The 200-day average daily traded turnover in โ‚น Crore. Represents baseline trading depth and capacity to enter or exit positions with minimal slippage.
โ‚น32.5 Cr
Liquidity Rating
Categorizes trading liquidity based on 200-day average turnover: Liquid (โ‰ฅโ‚น100 Cr/day), Low Liquidity (โ‚น50โ€“โ‚น100 Cr/day), or Illiquid (<โ‚น50 Cr/day) for sizing and slippage risk control.
Illiquid (High Slippage Risk)
Participation
Evaluates current volume participation against historical baseline turnover. Healthy (โ‰ฅ1.2x) confirms active broad-market sponsorship, while Weak (<0.8x) indicates lack of volume conviction.
Weak

Momentum & Institutional Flow

Price Momentum
Momentum StrengthWeakening momentum trend
Price momentum score in standard deviations (ฯƒ). Readings beyond ยฑ2.0ฯƒ indicate extreme momentum shifts.
-0.3608ฯƒ
Universe Rank
#1675 of 2259Bottom 25.85% in momentum strength
Institutional Accumulation
21D Flow Score
21-day cumulative institutional flow score in standard deviations (ฯƒ).
+0.18ฯƒ
7D Flow TrendDeteriorating
ASIANTILES
STAGE 4 โ€ข DECLINE
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C:โ€”
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Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered Investment Adviser before acting on any data presented.

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