Astral Ltd
ASTRALAstral Ltd
ASTRAL
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 88.00 | 14.15 | 0.22% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 48.96 | 6.90 | 0.56% |
Forecast & Ratings
Detailed Forecast from 22 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Astral Poly Technik Limited is engaged in the production of plastic products. The Company and its subsidiaries are engaged in the business of manufacturing and trading of pipes, fittings and adhesive solutions.
Peers
Compare with peersAPL Apollo Tubes Ltd
Ratnamani Metals and Tubes Ltd
Jindal SAW Ltd
Finolex Industries Ltd
Maharashtra Seamless Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,674.58 | 1,903.79 | 2,085.60 | 2,522.70 | 2,590.00 | 3,201.40 | 4,428.90 | 5,198.20 | 5,683.50 | 5,786.60 | ||||||||||
Raw Materials | 1,230.95 | 1,306.19 | 1,402.08 | 1,689.80 | 1,665.60 | 1,919.70 | 3,061.40 | 3,315.50 | 3,435.80 | 4,828.30 | ||||||||||
| Power & Fuel Cost | 36.01 | 43.54 | 53.25 | 65.30 | 70.30 | 64.30 | 77.70 | 101.90 | 130.70 | |||||||||||
| Employee Cost | 75.00 | 88.66 | 106.49 | 139.10 | 175.20 | 191.00 | 245.30 | 319.30 | 438.40 | |||||||||||
| Selling & Administrative Expenses | 110.41 | 145.61 | 157.74 | 201.00 | 214.30 | 227.90 | 279.20 | 345.50 | 510.40 | |||||||||||
| Operating & Other expenses | 18.68 | 50.47 | 39.22 | 30.80 | 11.20 | 135.90 | -23.00 | 269.70 | 207.90 | |||||||||||
EBITDA | 203.53 | 269.32 | 326.82 | 396.70 | 453.40 | 662.60 | 788.30 | 846.30 | 960.30 | 958.30 | ||||||||||
| Depreciation/Amortization | 41.79 | 50.20 | 57.13 | 81.40 | 107.90 | 116.50 | 126.90 | 178.10 | 197.60 | 218.10 | ||||||||||
| PBIT | 161.74 | 219.12 | 269.69 | 315.30 | 345.50 | 546.10 | 661.40 | 668.20 | 762.70 | 740.20 | ||||||||||
| Interest & Other Items | 30.24 | 18.40 | 21.58 | 31.90 | 39.40 | 13.10 | 12.90 | 40.00 | 29.10 | 33.10 | ||||||||||
| PBT | 131.50 | 200.72 | 248.11 | 283.40 | 306.10 | 533.00 | 648.50 | 628.20 | 733.60 | 707.10 | ||||||||||
| Taxes & Other Items | 30.55 | 56.06 | 73.02 | 87.60 | 58.20 | 128.60 | 164.70 | 171.60 | 187.50 | 181.60 | ||||||||||
| Net Income | 100.95 | 144.66 | 175.09 | 195.80 | 247.90 | 404.40 | 483.80 | 456.60 | 546.10 | 525.50 | ||||||||||
| EPS | 2.86 | 4.08 | 4.93 | 5.52 | 6.96 | 11.32 | 13.55 | 14.59 | 20.33 | 19.56 | ||||||||||
| DPS | 0.14 | 0.20 | 0.20 | 0.24 | 0.42 | 1.13 | 1.69 | 3.50 | 3.75 | 3.75 | ||||||||||
| Payout ratio | 0.05 | 0.05 | 0.04 | 0.04 | 0.06 | 0.10 | 0.12 | 0.24 | 0.18 | 0.19 |
Company Updates
Peers & Comparison
IndustrialsBuilding Products - Pipes
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Astral Ltd | 84.68 | 14.15 | 0.22% |
| APL Apollo Tubes Ltd | 58.40 | 11.87 | 0.36% |
| Ratnamani Metals and Tubes Ltd | 36.86 | 7.14 | 0.43% |
| Jindal SAW Ltd | 11.46 | 2.04 | 0.67% |
Price Comparison
Compare ASTRAL with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Astral Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
UTI Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.0885% | Percentage of the fund’s portfolio invested in the stock 1.94% | Change in the portfolio weight of the stock over the last 3 months -0.09% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 8/69 (-1) |
Axis ELSS Tax Saver Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.8010% | Percentage of the fund’s portfolio invested in the stock 1.02% | Change in the portfolio weight of the stock over the last 3 months -0.55% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 25/92 (-3) |
Nippon India Growth Fund - Growth Option - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.7369% | Percentage of the fund’s portfolio invested in the stock 0.99% | Change in the portfolio weight of the stock over the last 3 months -0.10% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 31/103 (-2) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Astral Ltd
Events
Dividend Trend
Increasing Dividends
ASTRAL has increased dividends consistently over the last 5 years
Dividend Yield
Current dividend yield is 0.22%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.18 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateNov 14, 2024
Dividend/Share
₹1.50
Ex DateEx Date
Nov 14, 2024
Cash Dividend
Ex DateEx DateAug 16, 2024
Dividend/Share
₹2.25
Ex DateEx Date
Aug 16, 2024
Cash Dividend
Ex DateEx DateOct 27, 2023
Dividend/Share
₹1.50
Ex DateEx Date
Oct 27, 2023
Cash Dividend
Ex DateEx DateAug 4, 2023
Dividend/Share
₹2.25
Ex DateEx Date
Aug 4, 2023
Cash Dividend
Ex DateEx DateNov 18, 2022
Dividend/Share
₹1.25
Ex DateEx Date
Nov 18, 2022
Revenue from operations was at Rs 1,826.12 crore in the second quarter of FY25, up 27.41% as against Rs 1,433.2 crore recorded in Q2 FY24. Profit before tax increased 67.19% to Rs 388.21 crore posted in Q2 FY25 as against Rs 232.19 crore posted in the same period last year. The firm reported expectional items of Rs 307.36 crore in the second quarter of FY25. During the quarter, the Earnings Before Depreciation, Interest, Taxes, and Amortization (EBDITA) was at Rs 218.90 crore, down 6.25% as against Rs 233.50 crore in Q2 FY24. EBDITA margin reduced 16% in Q2 FY25 as against 17.1% in Q2 FY24. The plumbing business reported revenue from operation of Rs 966.40 crore in Q2 FY25, down 1.4% YoY and up 20.6% QoQ. The paints and adhesives business reported revenue from operation of Rs 404 crore in Q2 FY25, up 5.6% YoY. On half year basis, the company's net profit zoomed 106.22% to Rs 8,029.7 crore on 16.44% increase in revenue from operations to Rs 33,764 crore in H1 FY25 over H1 FY24. Astral is engaged in manufacturing of CPVC pipes & fittings. Shares of Astral fell 0.92% to close at Rs 1,789.60 on Thursday, 7 November 2024.Powered by Capital Market - Live
Astral announced that the Board of Directors of the Company at its meeting held on 07 November 2024, has recommended a Interim dividend of Rs.1.50 per share (i.e.150%), subject to the approval of the shareholders.Powered by Capital Market - Live
Net profit of Astral declined 16.16% to Rs 110.00 crore in the quarter ended September 2024 as against Rs 131.20 crore during the previous quarter ended September 2023. Sales rose 0.54% to Rs 1370.40 crore in the quarter ended September 2024 as against Rs 1363.00 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1370.401363.00 1 OPM %15.3316.15 - PBDT208.70225.50 -7 PBT148.80176.80 -16 NP110.00131.20 -16 Powered by Capital Market - Live
Astral will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live
Astral has fixed 15 November 2024 as the record date for the purpose of payment of interim dividend.Powered by Capital Market - Live
Net profit of Astral rose 0.50% to Rs 120.40 crore in the quarter ended June 2024 as against Rs 119.80 crore during the previous quarter ended June 2023. Sales rose 7.83% to Rs 1383.60 crore in the quarter ended June 2024 as against Rs 1283.10 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1383.601283.10 8 OPM %15.5015.71 - PBDT218.70207.90 5 PBT163.10161.60 1 NP120.40119.80 1 Powered by Capital Market - Live
Astral will hold a meeting of the Board of Directors of the Company on 8 August 2024.Powered by Capital Market - Live
Astral has shifted the operation of its Adhesive manufacturing plant situated at Unnao, Dist. Unnao (Uttar Pradesh) by moving the Unnao plant manufacturing facilities in nearby Adhesive plant at Rania (Kanpur Dehat) and new plant situated at Dahej (Gujarat).Powered by Capital Market - Live
Astral announced that the 28th Annual General Meeting (AGM) of the company will be held on 23 August 2024.Powered by Capital Market - Live
Astral has fixed 16 August 2024 as record date for final dividend of Rs 2.25 per share for FY 2023-24. Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 17.64%, vs industry avg of 13.98%
Increasing Market Share
Over the last 5 years, market share increased from 5.12% to 6.15%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 22.77%, vs industry avg of 21.77%