Skip to main content
Swing Capital

Astral Ltd

NSE: ASTRAL BSE: 532830

Astral Poly Technik Ltd was established in 1996, with the aim to manufacture pro-India plumbing and drainage systems in the country. It has also forayed into adhesive business over years. [1]

₹1,556
52W: ₹1263 — ₹1769
PE 72.7 · Book ₹141 · +1004% vs book
Market Cap₹41,813 Cr
Stock P/E72.7Price to Earnings
ROCE22.3%Return on Capital
ROE16.4%Return on Equity
Div. Yield0.24%Face Value ₹1

Strengths

  • +Company is almost debt free.
  • +Company has been maintaining a healthy dividend payout of 19.0%

Weaknesses

  • −Stock is trading at 10.8 times its book value

Shareholding Pattern

Promoters54.22%
FIIs14.5%
DIIs20.92%
Public9.99%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters54.1%54.1%54.1%54.1%54.1%54.21%▲0.154.22%▲0.054.22%
FIIs22.48%22.32%▼0.221.07%▼1.320.17%▼0.920.15%▼0.016.61%▼3.515.21%▼1.414.5%▼0.7
DIIs12.45%12.48%▲0.013.76%▲1.314.6%▲0.814.71%▲0.117.49%▲2.819.19%▲1.720.92%▲1.7
Public10.96%11.11%▲0.110.9%▼0.210.97%▲0.110.85%▼0.111.38%▲0.511.03%▼0.49.99%▼1.0

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales1,2231,2431,4881,2531,2301,2701,5421,2071,4161,382
Expenses1,0161,0451,2071,0441,0241,0491,2431,0281,1601,142
Operating Profit208198281209206222300180256240
OPM %17%16%19%17%17%17%19%15%18%17%
Net Profit12812018312812212619097150127
EPS ₹4.774.476.824.774.554.697.073.65.584.72

AI Insights

Revenue Trend

TTM revenue at ₹5,547Cr, up 4.7% YoY. OPM at 18%.

Debt Position

Borrowings at ₹115Cr. Debt-to-equity ratio: 0.03x. Healthy balance sheet.

Capex Cycle

CWIP at ₹157Cr (7% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 20.92% (+5.05pp change). FIIs: 14.5% (-1.15pp change). Promoters hold 54.22%.

Margin & Efficiency

ROCE declining from 33% (Mar 2014) to 22% (Mar 2025). Working capital days: 20.

Valuation

PE 72.7x with 22.3% ROCE. Price is 1004% above book value of ₹141. Dividend yield: 0.24%.

Recent Announcements