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Astral Ltd

ASTRAL

Astral Ltd

ASTRAL
IndustrialsBuilding Products - Pipes
MidcapWith a market cap of ₹48,440 cr, stock is ranked 188
Low RiskStock is 1.92x as volatile as Nifty
1,803.201.15% (+20.50)
1,803.201.15% (+20.50)

Price Chart

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1D
1W
1M
1Y
5Y
Max
SIP
IndustrialsBuilding Products - Pipes
MidcapWith a market cap of ₹48,440 cr, stock is ranked 188
Low RiskStock is 1.92x as volatile as Nifty

How to use scorecard? Learn more

IndustrialsBuilding Products - Pipes
MidcapWith a market cap of ₹48,440 cr, stock is ranked 188
Low RiskStock is 1.92x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
92.1814.820.21%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
48.076.740.56%

Forecast & Ratings

Detailed Forecast 
64%
Analysts have suggested that investors can buy this stock

from 22 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 17.64%, vs industry avg of 13.98%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 5.12% to 6.16%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 22.77%, vs industry avg of 21.77%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,674.581,903.792,085.602,522.702,590.003,201.404,428.905,198.205,683.505,786.60
Raw Materialssubtract1,230.951,306.191,402.081,689.801,665.601,919.703,061.403,315.503,435.804,828.30
Power & Fuel Costsubtract36.0143.5453.2565.3070.3064.3077.70101.90130.70
Employee Costsubtract75.0088.66106.49139.10175.20191.00245.30319.30438.40
Selling & Administrative Expensessubtract110.41145.61157.74201.00214.30227.90279.20345.50510.40
Operating & Other expensessubtract18.6850.4739.2230.8011.20135.90-23.00269.70207.90
Depreciation/Amortizationsubtract41.7950.2057.1381.40107.90116.50126.90178.10197.60218.10
Interest & Other Itemssubtract30.2418.4021.5831.9039.4013.1012.9040.0029.1033.10
Taxes & Other Itemssubtract30.5556.0673.0287.6058.20128.60164.70171.60187.50181.60
EPS2.864.084.935.526.9611.3213.5514.5920.3319.56
DPS0.140.200.200.240.421.131.693.503.753.75
Payout ratio0.050.050.040.040.060.100.120.240.180.19

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2017

Annual Report Unavailable

Investor Presentation

Feb 10PDF
FY 2018

Annual Report Unavailable

Investor Presentation

May 30PDF
FY 2019

Annual Report Unavailable

Investor Presentation

Jun 3PDF
May 22PDF
Sep 22PDF
FY 2020

Annual report

PDF

Investor Presentation

May 26PDF
Nov 7PDF
FY 2021

Annual report

PDF

Investor Presentation

May 19PDF
FY 2022

Annual report

PDF

Investor Presentation

May 30PDF
FY 2023

Annual report

PDF

Investor Presentation

May 17PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsBuilding Products - Pipes

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Astral Ltd88.7014.820.21%
APL Apollo Tubes Ltd56.1511.410.37%
Ratnamani Metals and Tubes Ltd39.077.560.40%
Jindal SAW Ltd11.632.080.66%

Price Comparison

Compare ASTRAL with any stock or ETF
Compare ASTRAL with any stock or ETF
ASTRAL
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding54.10%7.98%4.50%22.32%11.11%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep15.64%18.50%19.79%21.22%22.48%22.32%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Astral Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
UTI Flexi Cap Fund - Growth - Direct Plan

Growth
1.1267%1.95%-0.43%5/70 (0)
Axis ELSS Tax Saver Fund - Growth - Direct Plan

Growth
0.9113%1.11%-0.76%25/98 (-10)
Nippon India Growth Fund - Growth Option - Direct Plan

Growth
0.7035%0.99%-0.27%44/102 (-12)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

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

Dividends are the portion of earnings that a company distributes to all its shareholders every year

ASTRAL has increased dividends consistently over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.21%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.10 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateNov 14, 2024

Interim
Interim | Div/Share: ₹1.50

Dividend/Share

1.50

Ex DateEx Date

Nov 14, 2024

Cash Dividend

Ex DateEx DateAug 16, 2024

Final
Final | Div/Share: ₹2.25

Dividend/Share

2.25

Ex DateEx Date

Aug 16, 2024

Cash Dividend

Ex DateEx DateOct 27, 2023

Interim
Interim | Div/Share: ₹1.50

Dividend/Share

1.50

Ex DateEx Date

Oct 27, 2023

Cash Dividend

Ex DateEx DateAug 4, 2023

Final
Final | Div/Share: ₹2.25

Dividend/Share

2.25

Ex DateEx Date

Aug 4, 2023

Cash Dividend

Ex DateEx DateNov 18, 2022

Interim
Interim | Div/Share: ₹1.25

Dividend/Share

1.25

Ex DateEx Date

Nov 18, 2022

News & Opinions
Spotlight
Astral records strong Q2 numbers

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

2 weeks agoCapital Market - Live
Corporate
Board of Astral recommends Interim Dividend

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

2 weeks agoCapital Market - Live
Earnings
Astral consolidated net profit declines 16.16% in the September 2024 quarter

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

2 weeks agoCapital Market - Live
Corporate
Astral to hold board meeting

Astral will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Astral fixes record date for dividend

Astral has fixed 15 November 2024 as the record date for the purpose of payment of interim dividend.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Earnings
Astral consolidated net profit rises 0.50% in the June 2024 quarter

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

3 months agoCapital Market - Live
Corporate
Astral schedules board meeting

Astral will hold a meeting of the Board of Directors of the Company on 8 August 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Astral announces closure of Unnao plant

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

3 months agoCapital Market - Live
Corporate
Astral schedules AGM

Astral announced that the 28th Annual General Meeting (AGM) of the company will be held on 23 August 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Astral fixes record date for final dividend

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

4 months agoCapital Market - Live