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Astral Ltd

(ASTRAL)

₹1713.90.88%

as on 03:29PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Astral Ltd Analyst Rating

based on 21 analysts

BUY

59.09%

Buy

36.36%

Hold

4.55%

Sell

Based on 21 analysts offering long term price targets for Astral Ltd. An average target of ₹2050.9

Source: S&P Global Market Intelligence

Astral Ltd Share analysis

Astral Ltd price forecast by 21 analysts

Upside of18.61%

High

₹2482

Target

₹2050.90

Low

₹1689

Astral Ltd target price ₹2050.9, a slight upside of 18.61% compared to current price of ₹1713.9. According to 21 analysts rating.

Source: S&P Global Market Intelligence

Astral Ltd Performance

  • Day's Low

    Day's High

    ₹1,704.4
    ₹1,730.15
  • 52 Week's Low

    52 Week's High

    ₹1,695.5
    ₹2,454
1 Month Return-6.53 %
3 Month Return-8.52 %
1 Year Return-10.93 %
Previous Close₹1,729.15
Open₹1,714.00
Volume3.90L
Upper Circuit-
Lower Circuit-
Market Cap₹46,449.64Cr

Astral Ltd Key Statistics

P/E Ratio88.36
PEG Ratio-98.73
Market Cap₹46,449.64 Cr
P/B Ratio17.11
EPS20.28
Dividend Yield0.19
SectorPlastic products
ROE18.96

Astral Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹46,449.64 Cr37.83%0.51₹545 Cr₹5,641 Cr
HOLD₹32,516.48 Cr22.24%0.53₹1,136 Cr₹4,853 Cr
HOLD₹91,510.65 Cr97.29%0.52₹1,720 Cr₹9,000 Cr
HOLD₹78,652.85 Cr61.47%0.71₹282 Cr₹23,892 Cr
HOLD₹1,42,012.52 Cr83.82%0.51NANA

About Astral Ltd

Astral Poly Technik Limited is a leading manufacturer of Chlorinated Poly Vinyl Chloride CPVC and Poly Vinyl Chloride PVC plumbing, adhesives and sealants, infrastructure products and water tanks for residential and industrial use. It has 2535 distributors, 180000 dealers, 9 piping facilities in India and 2 manufacturing plants in UK and USA. In 2004, it introduced a range of lead free PVC pressure pipes and fittings. The company is certified ISO 9001:2000 and the raw material used is certified by National Sanitary Foundation NSF. The equity shares of Astral Poly Technik are listed on NSE and BSE. It acquired 80% equity stake in Seal IT Services Limited and 76% equity stake in Resinova Chemie to expand its business operations. It completed the QIP to raise an amount of Rs.24088.89 Lacs. During FY2016-17, it achieved EBDITA of Rs 215 crore, highest ever recorded. The company reached 3,37,708MT of installed capacity and utilised 8,76,94MT with 13% growth during FY17. It acquired 51% shares of Rex Poly extrusion Pvt Ltd and established a Section 8 Company, Astral Foundation. Subsequently, Gem Paints Pvt Ltd and Esha Paint Pvt Ltd became subsidiaries of the Company in June 2022 and it acquired a controlling stake in Operating Paint Business of Gem Paints Pvt Ltd in April 2021.

Share Price: ₹1713.90 per share as on 21 Nov, 2024 03:29 PM
Market Capitalisation: ₹46,449.64Cr as of today
Revenue: ₹1,370.40Cr as on September 2024 (Q3 24)
Net Profit: ₹108.70Cr as on September 2024 (Q3 24)
Listing date: 20 Mar, 2007
Chairperson Name: Sandeep P Engineer
OrganisationAstral Ltd
HeadquartersAhmedabad
IndustryPlastic products
E-voting on sharesClick here to vote
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Key events for Astral Ltd

  • Astral Ltd Downgraded to Accumulate with Revised Targets - 11 Nov, 2024

    Prabhudas Lilladher has downgraded Astral Ltd to 'Accumulate' from 'Buy', revising the target price to Rs 1,929 due to lower volume growth guidance and increased competitive intensity. The company maintains its EBITDA margin despite challenges.

  • Astral Initiates Growth Strategies Post Q2 Results - 10 Nov, 2024

    Astral is implementing new initiatives to drive growth following muted Q2 results. Key developments include the commissioning of a Hyderabad plant, expansion of its paints brand, strong performance in bathware, and new adhesive products targeting rural markets. The UK subsidiary is also progressing with innovative products expected to launch by December, enhancing revenue prospects.

  • Astral Reports Strong Q2, Adjusts Targets - 08 Nov, 2024

    Astral Ltd reported a significant increase in Q2 FY25 net profit to Rs 554.58 crore, despite a slight decline in standalone net profit. Sharekhan revised its target price to Rs 2,150, reflecting cautious near-term demand expectations. Overall, the company shows resilience in its core operations despite challenges in specific segments.

  • Astral Reports Q2 Results with Profit Decline - 07 Nov, 2024

    Astral Ltd's Q2 FY25 results show flat revenue at ₹1,370 crore and a 17.5% decline in net profit to ₹108.7 crore. The company declared an interim dividend of ₹1.50 per share despite the profit drop.

  • Astral Ltd Stock Update: November 1, 2024 - 03 Nov, 2024

    On November 1, 2024, Astral Ltd's stock was priced at Rs 1,777.25, reflecting a slight increase of Rs 6.20 (+0.35%). The company's market capitalization reached Rs 47,741.74 crore.

Insights on Astral Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 10.97% to 11.11% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 54.10% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Finolex Industries Ltd has given 25.3% return, outperforming this stock by 36.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cera Sanitaryware Ltd has given 39.4% return, outperforming this stock by 35.9%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, ASTRAL stock has moved down by -16.8%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 181.6 Cr → 110.0 Cr (in ₹), with an average decrease of 21.2% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 22.48% to 22.32% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 8.03% to 7.98% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 1.63K Cr → 1.37K Cr (in ₹), with an average decrease of 7.9% per quarter

Astral Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,363.00Cr (-)₹1,370.20Cr (↑0.53%)₹1,625.10Cr (↑18.60%)₹1,383.60Cr (↓14.86%)₹1,370.40Cr (↓0.95%)
Net Income₹131.70Cr (-)₹113.30Cr (↓13.97%)₹181.30Cr (↑60.02%)₹119.50Cr (↓34.09%)₹108.70Cr (↓9.04%)
Net Profit Margin9.66% (-)8.27% (↓14.39%)11.16% (↑34.95%)8.64% (↓22.58%)7.93% (↓8.22%)
Value in ₹ crore
Details2021202220232024
Total Assets₹2,224.00Cr (-)₹3,175.50Cr (↑42.78%)₹3,590.70Cr (↑13.08%)₹4,215.20Cr (↑17.39%)
Total Liabilities₹578.90Cr (-)₹884.70Cr (↑52.82%)₹911.40Cr (↑3.02%)₹1,085.40Cr (↑19.09%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹339.40Cr (-)₹514.70Cr (↑51.65%)₹537.00Cr (↑4.33%)₹486.50Cr (↓9.40%)₹788.40Cr (↑62.06%)

Index Inclusions

Nifty Midcap 100

₹54,371.80

-0.32 (-176.45%)

BSE 500

₹34,350.09

-0.87 (-300.74%)

Nifty Midcap 150

₹20,177.20

-0.4 (-80.9%)

S&P BSE 250 LargeMidCap

₹10,166.18

-0.88 (-90.63%)

Nifty LargeMidcap 250

₹15,233.80

-0.7 (-106.9%)

Nifty 200

₹13,127.50

-0.89 (-117.3%)

S&P BSE 150 MidCap

₹15,284.67

-0.38 (-58.08%)

S&P BSE 400 MidSmallCap

₹11,622.00

-0.5 (-58.55%)

S&P BSE MidCap Select

₹16,551.85

0.09 (14.42%)

Nifty MidSmallcap 400

₹18,987.00

-0.47 (-89%)

Nifty 500

₹21,817.55

-0.85 (-186.8%)

BSE 200

₹10,718.19

-0.9 (-97.43%)

Nifty Midcap 50

₹15,162.45

-0.15 (-22.55%)

S&P BSE Indus.

₹14,262.56

-0.71 (-102.13%)

BSE Mid-Cap

₹44,452.81

-0.4 (-178.15%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Astral Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
54.1%
0.00
Foreign Institutions
22.32%
-0.73
Mutual Funds
7.98%
-0.67
Retail Investors
11.11%
1.31
Others
4.5%
1.70

Astral Ltd Key Indicators

Details20202021202220232024
Return On Equity %16.1721.9823.4818.0318.96
Details20202021202220232024
Return On Assets %12.7518.1815.2412.7212.96
Details20202021202220232024
Book Value Per Share (₹)55.9470.787.14100.74118.47
Details20202021202220232024
Earning Per Share (₹)9.315.2318.317.5720.28

Astral Ltd Valuation

Astral Ltd in the last 5 years

  • Overview

  • Trends

Lowest (47.47x)

March 14, 2018

Industry (66.52x)

November 19, 2024

Today (88.36x)

November 19, 2024

Highest (153.18x)

March 15, 2021

LowHigh

Astral Ltd Earnings and Dividends

  • Astral Ltd Earnings Results

    Astral Ltd’s net profit fell -16.16% since last year same period to ₹110Cr in the Q2 2024-2025. On a quarterly growth basis, Astral Ltd has generated -8.64% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Astral Ltd Dividends November,2024

    In the quarter ending September 2024, Astral Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.22%.

    Read More about Dividends

Astral Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Astral Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Astral Ltd

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Astral Ltd (ASTRAL) share price today is ₹1713.9

Astral Ltd is listed on NSE

Astral Ltd is listed on BSE

  • Today’s highest price of Astral Ltd is ₹1730.15.
  • Today’s lowest price of Astral Ltd is ₹1704.4.

PE Ratio of Astral Ltd is 88.36

PE ratio = Astral Ltd Market price per share / Astral Ltd Earnings per share

Today’s traded volume of Astral Ltd(ASTRAL) is 3.90L.

Today’s market capitalisation of Astral Ltd(ASTRAL) is ₹46449.64Cr.

Astral Ltd(ASTRALPrice
52 Week High
₹2454
52 Week Low
₹1695.5

Astral Ltd(ASTRAL) share price is ₹1713.9. It is down -30.16% from its 52 Week High price of ₹2454

Astral Ltd(ASTRAL) share price is ₹1713.9. It is up 1.09% from its 52 Week Low price of ₹1695.5

Astral Ltd(ASTRALReturns
1 Day Returns
-15.25%
1 Month Returns
-6.53%
3 Month Returns
-8.52%
1 Year Returns
-10.93%