Astral Limited
NSE: ASTRAL · Plastic Products - Industrial · sector
₹1,349.00NSE close 2026-10-26
Key numbers
Market cap₹36,288 cr
Price₹1,349.00
52w high / low₹1,769 / ₹1,312
P/E63.0xSector median 15.7x
P/B8.9xSector median 1.6x
Book value₹150.8
Dividend yield0.28%Sector median 0.53%
ROE15.0%Sector median 9.1%
ROCE20.0%Sector median 11.5%
OPM16.0%Sector median 10.0%
Debt / equity0.04xSector median 0.16x
EV/EBITDA32.7xSector median 10.0x
Interest cover14.5x
Current ratio1.76x
Sales growth 3y+8.4%Sector median +6.0%
Profit growth 3y+5.5%Sector median +18.9%
PEG11.41x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 51 companies in Plastic Products - Industrial (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹943 cr vs borrowings ₹153 cr (FY26): cash is higher (net cash).
- Borrowings rose in each of the last 3 years (₹77 cr → ₹153 cr).
- Operating profit covered interest 14.5x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 0 of the last 5 years.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 9% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹1,349.00 on 2026-10-26: -23.7% from the 52-week high, +2.9% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹1,989.55 · low ₹1,254.25
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,370 | 1,397 | 1,681 | 1,361 | 1,577 | 1,542 | 2,088 | 1,578 |
| EBITDA | 210 | 220 | 302 | 185 | 257 | 221 | 377 | 231 |
| OPM % | 15.3% | 15.7% | 18.0% | 13.6% | 16.3% | 14.3% | 18.0% | 14.7% |
| Other income | 9 | 12 | 9 | 9 | 11 | 10 | 17 | 13 |
| Net profit | 110 | 114 | 179 | 81 | 135 | 108 | 213 | 120 |
| EPS (₹) | 4.10 | 4.25 | 6.67 | 3.02 | 5.02 | 4.01 | 7.93 | 4.47 |
| Revenue YoY | +15.1% | +10.3% | +24.2% | +15.9% | ||||
| Profit YoY | +22.5% | -5.6% | +18.8% | +48.0% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 4,394 | 5,158 | 5,641 | 5,832 | 6,569 | 6,785 |
| EBITDA | 755 | 808 | 918 | 946 | 1,039 | 1,086 |
| Net profit | 484 | 457 | 546 | 524 | 537 | 576 |
| EPS (₹) | 24.08 | 17.00 | 20.33 | 6.67 | 19.97 | 21.43 |
| Revenue growth | +17.4% | +9.4% | +3.4% | +12.6% | +16.8% | |
| Profit growth | -5.6% | +19.6% | -4.1% | +2.4% | +18.8% | |
| Dividend / share (₹) | 2.25 | 3.00 | 3.75 | 3.75 | 3.75 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +8.4% | +15.6% | +16.8% |
| Net profit | +5.5% | +5.8% | +18.8% |
| EPS | +5.5% | -0.2% | – |
| Share price | – | -13.1% (2y) | -3.5% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 2,711 | 3,188 | 3,617 | 4,058 |
| Borrowings | – | 77 | 96 | 144 | 153 |
| Cash & equivalents | – | 682 | 610 | 608 | 943 |
| Total assets | – | 4,373 | 4,498 | 5,056 | 5,812 |
| Fixed assets | – | 1,457 | 1,835 | 2,281 | 2,539 |
| Capital work in progress | – | 126 | 151 | 116 | 89 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 354 | 376 | 435 | 475 |
| Inventory | – | 875 | 913 | 1,011 | 1,117 |
| Payables | – | 800 | 872 | 859 | 1,155 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 543 | 557 | 823 | 630 | 1,117 |
| Cash from investing | 72 | -480 | -541 | -513 | -506 |
| Cash from financing | -44 | -189 | -202 | -118 | -328 |
| Capex | 346 | 311 | 554 | 545 | 459 |
| Free cash flow | 197 | 246 | 270 | 85 | 658 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 16.8% | 17.1% | 14.5% | 13.2% |
| ROCE % | – | 23.6% | 23.2% | 19.8% | 18.9% |
| Debtor days | – | 25 | 24 | 27 | 26 |
| Inventory days | – | 93 | 96 | 105 | 103 |
| Payable days | – | 85 | 92 | 89 | 107 |
| Cash conversion cycle (days) | – | 33 | 28 | 43 | 22 |
| Working capital days | – | 61 | 56 | 63 | 63 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 54.22% |
| FIIs | 11.09% |
| DIIs | 24.13% |
| of which Mutual funds | 12.18% |
| of which Insurance | 10.44% |
| Public (non-institutions) | 10.56% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 54.10% | 54.10% | 54.10% | 54.21% | 54.22% | 54.22% | 54.22% | 54.22% |
| Promoter group | % |
|---|---|
| Sandeep Pravinbhai Engineer | 31.57% |
| Saumya Polymers LLP | 8.54% |
| Jagruti Sandeep Engineer | 7.56% |
| Kairav Chemicals Limited | 6.55% |
| Shilpa Sujal Shroff | 0.00% |
| Kairav Sandeep Engineer | 0.00% |
| Saumya Sandeep Engineer | 0.00% |
| Sandeepbhai P Engineer HUF | 0.00% |
| Rekhaben Bipinbhai Mehta | 0.00% |
| Jagruti Engineer Private Trust (Trustee Sandeep Pravinchandra Engineer) | 0.00% |
| Sandeep Engineer Private Trust (Trustee Jagruti Sandeep Engineer) | 0.00% |
| Bharat Nature Forum | 0.00% |
| Kairamya Aviation Private Limited | 0.00% |
| Kairamya Journeys LLP | 0.00% |
| Kairav Engineer Private Trust | 0.00% |
| Public holders above 1% | % |
|---|---|
| Life Insurance Corporation of India - Ulif004200910licend+grw512 | 6.46% |
| SBI Nifty Midcap 150 Index Fund | 3.24% |
| Aditya Birla SUN Life Mutual Fund - Apex Equity Long-short Fund | 1.97% |
| Uti-unit Linked Insurance Plan | 1.74% |
| Tree Line Asia Master Fund (Singapore) PTE. Limited | 1.56% |
| SBI Life Insurance Co. Ltd | 1.29% |
2,51,854 shareholders. Pledged: 0.00% of promoter shares.
Peers in Plastic Products - Industrial
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SUPREMEIND | ₹41,291 cr | 40.0x | 6.7x | 17.4% | 19.6% | 14.4% | +6.8% | 1.07% |
| ASTRAL | ₹36,288 cr | 63.0x | 8.9x | 15.0% | 20.0% | 16.0% | +8.4% | 0.28% |
| GRWRHITECH | ₹16,208 cr | 38.0x | 5.6x | 15.7% | 19.8% | 22.9% | +13.8% | 0.17% |
| KINGFA | ₹8,901 cr | 39.4x | 6.4x | 21.2% | 21.9% | 14.2% | +12.4% | 0.00% |
| FINPIPE | ₹8,775 cr | 14.2x | 1.4x | 10.0% | 12.1% | 17.5% | -2.2% | 2.53% |
| TIMETECHNO | ₹7,839 cr | 15.4x | 1.9x | 14.0% | 15.7% | 14.3% | +12.5% | 0.75% |
| PRINCEPIPE | ₹2,805 cr | 27.5x | 1.7x | 6.3% | 8.1% | 10.2% | -1.4% | 0.20% |
| JISLJALEQS | ₹1,701 cr | 56.5x | 0.3x | -0.9% | 4.5% | 11.2% | +3.6% | – |
| JAICORPLTD | ₹1,545 cr | 16.5x | 1.0x | 6.4% | 8.2% | 12.7% | -4.7% | 6.25% |
| APOLLOPIPE | ₹1,520 cr | – | 1.9x | -1.5% | -0.1% | 4.3% | +6.5% | 0.21% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Plumbing | ₹4,679 cr | 71.2% | ₹687 cr | 14.7% |
| Paints and Adhesives | ₹1,890 cr | 28.8% | ₹103 cr | 5.5% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-14 | Dividend | Dividend - Rs 2.50 Per Share |
| 2025-11-11 | Dividend | Interim Dividend - Rs 1.50 Per Share |
| 2025-08-14 | Dividend | Dividend - Rs 2.25 Per Share |
| 2024-11-14 | Dividend | Interim Dividend - Rs 1.50 Per Share |
| 2024-08-16 | Dividend | Dividend - Rs 2.25 Per Share |
| 2023-10-27 | Dividend | Interim Dividend - Rs 1.50 Per Share |
| 2023-08-04 | Dividend | Dividend - Rs 2.25 Per Share |
| 2023-03-14 | Bonus | Bonus 1:3 |
| 2022-11-18 | Dividend | Interim Dividend - Rs 1.25 Per Share |
| 2022-08-19 | Dividend | Dividend - Rs 1.75 Per Share |
| 2021-11-17 | Dividend | Interim Dividend - Rs 1.25 Per Share |
| 2021-08-23 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2021-03-18 | Bonus | Bonus 1:3 |
| 2020-11-12 | Dividend | Interim Dividend - Re 1 Per Share |
| 2020-08-13 | Other | Annual General Meeting |
| 2020-02-17 | Dividend | Interim Dividend - Re 0.60 Per Share |
| 2019-10-31 | Dividend | Interim Dividend - Rs 0.40 Per Sh |
| 2019-09-16 | Bonus | Bonus 1:4 |
| 2019-07-25 | Dividend | Annual General Meeting/Dividend - Rs 0.40 Per Sh |
| 2018-11-20 | Dividend | Interim Dividend- Re 0.30 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing Activity: Manufacturing of Pipes, Fittings, Adhesives etc.
| Sector | Industrials |
| Industry | Plastic Products - Industrial |
| Sub-industry | Plastic Products - Industrial |
| Symbol | ASTRAL |
| BSE code | 532830 |
| ISIN | INE006I01046 |
| Face value | ₹1.0 |
| Incorporated | 1996-03-25 |
| Website | www.astralltd.com |
| Plants (India / abroad) | 18 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.