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Astral Ltd share Price

Company details

1,833.65
1,896.65
1,297.80
2,058.00
6M Return 37.96%
1Y Return 4.21%
Mkt Cap.(Cr) 49,452.81
Volume 391,026
Div Yield 0.19%
OI
-
OI Chg %
-
Volume 391,026

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Upbeat operating performance…
About The Stock

    Astral is the leader in the CPVC piping segment and expanding into the adhesive business.

    • Astral is the third largest piping company with a value market share of 9%. Piping, adhesive contribute 77%, 23%, respectively, to topline
    • Healthy balance sheet reflected in strong return ratios (RoE: 21%, RoCE: ~27%)
Q4FY22 Results

    Strong revenue growth, higher RM cost drags profitability.

    • Revenue growth of ~23% YoY to ₹ 1391 crore; piping & adhesive segment growth came in at 22% & 27% YoY to ₹ 1084 core & ₹ 306 crore, respectively
    • EBITDA margin declined 698 bps YoY to 15.6%, mainly due to higher raw material cost, which led to a decline in gross margin by 763 bps YoY
    • PAT declined 18% YoY to ₹ 144 crore tracking lower EBITDA margin

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Research view on more stocks

Plastic products company Astral announced Q1FY24 results:

  • Revenue from operations of Rs 12,831 million in Q1FY24 compared to Rs 12,129 million in Q1FY23, up 5.8% YoY
  • EBDITA of Rs 2,137 million in Q1FY24 compared to Rs 1,818 million in Q1FY23, up 17.5% YoY
  • EBDITA (% of net sales) of 16.7% in Q1FY24 compared to 14.9% in Q1FY23
  • PBT of Rs 1,616 million in Q1FY24 compared to Rs 1,252 million in Q1FY23, up 29.1% YoY
  • PAT (before OCI) of Rs 1,193 million in Q1FY24 compared to Rs 936 million in Q1FY23, up 27.5% YoY
  • Cash profit of Rs 1,656 million in Q1FY24 compared to Rs 1,369 million in Q1FY23, up 21.0% YoY
  • Basic/diluted EPS of Rs 4.46 in Q1FY24 compared to Rs 3.31 in Q1FY23, up 34.7% YoY

 

 

Result PDF

View Other Company Results

OUR RESEARCH VIEW

Investment recommendation
Upbeat operating performance…
Call Date
18 May 2023
Entry Price 1,720.00
Target Price 1,780.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Astral Ltd Stocks COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 2,711.20 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 12,500.03 -6,885.48
LAST 3M 36,702.89 2,100.69
LAST 6M 45,999.05 152,168.44
LAST 12M 133,371.71 158,810.39

Astral Ltd Information

Stock PE (TTM)
103.2
Promoter Holding
55.85%
Book Value
100.8849
ROCE
25.53%
ROE
18.73%
Registered Address

Astral House 207/1, B/h Rajpath Club Off SGHighway, Ahmedabad, Gujarat, 380059

Tel : 91-079-66212000
Email : co:astralpipes.com/investor:astralpipes.com
Website : http://www.astralltd.com
Registrar

Bigshare Services Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 532830
NSE Code : ASTRAL
Book Closure Date (Month) :
BSE Group : A
ISIN : INE006I01046

FAQ’s on Astral Ltd Shares

You can buy Astral Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Astral Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Sep 22, 2023 03:59 PM the closing price of Astral Ltd was ₹ 1,841.05.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Sep 22, 2023 03:59 PM, the market cap of Astral Ltd stood at ₹ 49,452.81.

The latest PE ratio of Astral Ltd as of Sep 22, 2023 03:59 PM is 103.2

The latest PB ratio of Astral Ltd as of Sep 22, 2023 03:59 PM is 0.05

The 52-week high of Astral Ltd is ₹ 2,058.00 while the 52-week low is ₹ 1,297.80

According to analyst recommendations, Astral Ltd has a “Buy” rating for the long term.

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