Subscribe

Astral Limited (ASTRAL.NS)

INR1,358.50 +27.60 (+2.07%)
IN NSE Industrials Construction
Address Astral House 380059
Ahmedabad, IN
CEO Saumya
IPO 2007-03-20
ISIN INE006I01046

Explore sections of this company profile

Also trades on Bombay Stock Exchange · ASTRAL.BO (INR) National Stock Exchange of India · ASTRAL.NS (INR)
Description

Astral Limited, along with its subsidiaries, is an India-based company with a global presence, specializing in the manufacturing and distribution of piping systems, water storage solutions, and various adhesives and sealants. Its core business operations are structured across two main segments: Plastics and Adhesives. The company offers an extensive portfolio of piping products, including chlorinated polyvinyl chloride (CPVC) and general plumbing systems under brand names such as Astral CPVC Pro, Astral Pex-a PRO, Astral MultiPro, Astral EcoPro, and Astral Aquarius, suitable for both residential and industrial environments. Its drainage solutions encompass the ASTRAL Silencio low-noise system, Astral DrainMaster, ASTRAL Foamcore pipes for subsurface applications, ASTRAL DrainHulk manhole chambers, general ASTRAL Underground drainage systems, and D-Rex double-walled corrugated pipes. For industrial applications, Astral provides ASTRAL Chem PRO and Aquarius Plus uPVC piping systems. Further diversifying its range, Astral supplies Pre-StiRex and Plus + StiRex ducts for bridge post-tensioning, alongside products tailored for agriculture like Bore-Well column pipes, Case-Well uPVC casing pipes, Aquasafe agriculture pressure pipes, and GeoRex perforated sub-surface drainage. The company also produces high-density polyethylene (HDPE) pipes and the Astral Fire Pro CPVC system for fire sprinkler installations. Beyond piping, Astral manufactures water tanks under recognized brands such as Opta, Cleo, Vito, Sylo, and Sarita, in addition to Astral Hauraton surface drainage systems. Cable protection needs are met with Astral MultiRex polyolefin cable channels, Astral Wire Guard conduit pipes, and Astral TeleRex pipes. The product line is rounded out with ancillary items like clamps and hangers, Astral INSUPro XLPE insulation for pipes, and specialized valves including air admittance, basin traps, and backflow preventers. Founded in 1996 and based in Ahmedabad, India, the company underwent a name change from Astral Poly Technik Limited to Astral Limited in April 2021.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
INR1,358.50 +27.60 (+2.07%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
796.1K
Beta
0.14
Float Shares
120.10M
Free Float %
44.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-6.26% -6.17% -9.73% -10.62% +0.05% +4.35% +2.10% -12.30% +6.39% +652.21% +30,467.51%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1,358.50
DCF (Unlevered) 1,712.24 +26.0%
DCF (Levered) 2,823.43 +107.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 75% Bullish
Rating 2026-05 Change
Strong Buy 6 0
Buy 15 0
Hold 6 0
Sell 0 0
Strong Sell 1 0
Quality scores
Altman Z-Score
15.11
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Construction: +2.5%
    +12.6% Q1'26: +24.2% (vs Q1'25)
  • EPS growth Construction: +11.1%
    +2.4% Q1'26: +18.9% (vs Q1'25)
  • FCF margin FCF growth · Construction: +30.9%
    +11.5% Q1'26: +7.8% (vs Q1'25)
  • EBIT margin Construction: +8.5%
    +11.7% Q1'26: +14.7% (vs Q1'25)
  • ROIC Construction: +6.4%
    +16.7% Q1'26: +26.2% (vs Q1'25)
  • Share dilution Construction: +0.4%
    +0.0% Q1'26: -0.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Construction: 0.05×
    0.24× Q1'26: 0.16× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.15) × ERP
WACC = 99% × Ke + 1% × Kd (12.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1,646.77 Current price: 1,358.50
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2012
actual
Mar 2013
actual
Mar 2014
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
28 Rev. Ana.
23 EPS Ana.
Mar 2027
28 Rev. Ana.
26 EPS Ana.
Mar 2028
27 Rev. Ana.
25 EPS Ana.
Mar 2029
20 Rev. Ana.
11 EPS Ana.
Revenue
5.64B
est: 5.97B (-5.6%)
8.25B
est: 7.91B (+4.4%)
10.80B
est: 10.96B (-1.5%)
14.30B
est: 14.68B (-2.6%)
16.78B
est: 17.49B (-4.1%)
21.27B
est: 19.22B (+10.7%)
20.73B
est: 21.75B (-4.7%)
25.07B
est: 25.58B (-2.0%)
25.78B
est: 28.31B (-9.0%)
31.76B
est: 29.70B (+6.9%)
43.94B
est: 42.67B (+3.0%)
51.59B
est: 52.03B (-0.9%)
56.41B
est: 57.42B (-1.8%)
58.32B
est: 59.38B (-1.8%)
64.98B
62.42B – 66.91B
+9.4% YoY
76.04B
70.03B – 81.66B
+17.0% YoY
87.59B
87.33B – 87.85B
+15.2% YoY
100.63B
92.67B – 108.06B
+14.9% YoY
EBITDA
710.11M
est: 1.01B (-29.8%)
1.17B
est: 587.71M (+99.4%)
1.60B
est: 1.13B (+41.9%)
1.69B
est: 1.35B (+25.2%)
2.10B
est: 1.40B (+50.4%)
2.63B
est: 1.47B (+78.7%)
3.16B
est: 2.75B (+15.0%)
3.84B
est: 3.38B (+13.6%)
4.39B
est: 3.75B (+16.9%)
6.38B
est: 3.40B (+88.0%)
7.49B
est: 4.22B (+77.2%)
8.04B
est: 4.98B (+61.5%)
9.13B
est: 9.73B (-6.1%)
9.21B
est: 10.08B (-8.7%)
11.01B
10.57B – 11.33B
+9.2% YoY
12.88B
11.86B – 13.83B
+17.0% YoY
14.84B
14.79B – 14.88B
+15.2% YoY
17.04B
15.70B – 18.30B
+14.9% YoY
EBIT
558.16M
est: 813.83M (-31.4%)
990.49M
est: 913.54M (+8.4%)
1.38B
est: 1.35B (+2.6%)
1.32B
est: 1.99B (-33.7%)
1.69B
est: 1.50B (+13.0%)
2.14B
est: 1.82B (+17.3%)
2.60B
est: 2.44B (+6.5%)
3.04B
est: 3.01B (+0.9%)
3.36B
est: 3.34B (+0.6%)
5.28B
est: 2.98B (+77.1%)
6.29B
est: 3.71B (+69.4%)
6.33B
est: 4.37B (+44.9%)
7.27B
est: 7.82B (-7.1%)
7.03B
est: 8.11B (-13.4%)
8.85B
8.51B – 9.12B
+9.2% YoY
10.36B
9.54B – 11.13B
+17.0% YoY
11.94B
11.90B – 11.97B
+15.2% YoY
13.71B
12.63B – 14.73B
+14.9% YoY
Net Income
394.95M
est: 516.62M (-23.6%)
606.11M
est: 522.97M (+15.9%)
789.15M
est: 840.05M (-6.1%)
758.94M
est: 1.14B (-33.4%)
1.01B
est: 859.18M (+17.5%)
1.45B
est: 1.09B (+32.2%)
1.75B
est: 1.66B (+5.6%)
1.96B
est: 2.03B (-3.5%)
2.48B
est: 2.15B (+15.1%)
4.04B
est: 2.20B (+83.9%)
4.84B
est: 2.74B (+76.8%)
4.57B
est: 3.22B (+41.7%)
5.46B
est: 5.47B (-0.1%)
5.24B
est: 4.85B (+8.1%)
5.46B
4.95B – 6.08B
+12.6% YoY
7.23B
5.96B – 8.30B
+32.4% YoY
9.06B
7.58B – 10.40B
+25.3% YoY
11.13B
9.98B – 12.20B
+22.9% YoY
SGA
146.62M
est: 622.43M (-76.4%)
947.31M
est: 1.10B (-13.6%)
984.10M
est: 1.64B (-39.8%)
834.95M
est: 1.98B (-57.8%)
1.20B
est: 2.15B (-44.1%)
1.50B
est: 2.56B (-41.2%)
1.82B
est: 3.27B (-44.3%)
2.36B
est: 3.79B (-37.8%)
2.73B
est: 4.60B (-40.6%)
3.04B
est: 4.22B (-28.0%)
3.79B
est: 5.25B (-27.8%)
4.83B
est: 6.18B (-21.8%)
6.77B
est: 5.98B (+13.2%)
7.33B
est: 6.20B (+18.1%)
6.77B
6.51B – 6.97B
+9.2% YoY
7.93B
7.30B – 8.51B
+17.0% YoY
9.13B
9.10B – 9.16B
+15.2% YoY
10.49B
9.66B – 11.26B
+14.9% YoY
EPS
1.58
est: 1.92 (-17.8%)
2.43
est: 4.31 (-43.7%)
3.16
est: 5.37 (-41.2%)
2.99
est: 3.83 (-21.8%)
3.82
est: 3.90 (-2.0%)
5.44
est: 5.33 (+2.0%)
6.58
est: 7.20 (-8.7%)
7.32
est: 8.74 (-16.2%)
9.26
est: 10.99 (-15.7%)
15.10
est: 13.61 (+11.0%)
18.01
est: 19.66 (-8.4%)
16.51
est: 17.08 (-3.4%)
20.33
est: 20.35 (-0.1%)
19.50
est: 20.05 (-2.7%)
20.68
18.41 – 22.64
+3.2% YoY
26.93
22.20 – 30.91
+30.2% YoY
33.24
28.22 – 38.72
+23.4% YoY
41.42
37.17 – 45.40
+24.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-19 B+ 3/5 5/5 4/5 5/5 3/5 1/5 1/5
2026-05-18 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-15 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-14 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-13 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-12 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-11 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-08 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-15 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
233.96M
OE per share TTM
0.87
Owner's Yield
0.06%
Maintenance CapEx ratio
9.85%
Maint CapEx / Avg PPE
35.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
1.58M
Shares Outstanding
268.65M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Sandeep Pravinbhai MD & Chairman of the Board 152M male
Hiranand A. Savlani Chief Financial Officer & Whole Time Director 62M male
Kairav S. Whole-Time Director 2M male
Jagruti Sandeep Whole-Time Director 2M female
Girish Bhanubhai Joshi Whole-Time Director 2M male
Chintankumar Mahendrabhai Patel Company Secretary & Compliance Officer male
Saumya Chief Executive Officer - Astral Adhesives & Paints male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits