Astral Ltd (ASTRAL)
₹2199.55
Analyst Rating
based on 21 analysts
50.00%
Buy
36.36%
Hold
13.64%
Sell
Based on 21 analysts offering long term price targets for Astral Ltd. An average target of ₹2199.62
Source: S&P Global Market Intelligence
Astral Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹2,194.55₹2,23652 Week's Low
52 Week's High
₹1,740₹2,454
| Returns % | |
| 1 Month Return | -6.2 % |
| 3 Month Return | + 12.45 % |
| 1 Year Return | + 18.29 % |
| Market Stats | |
| Previous Close | ₹2,236.55 |
| Open | ₹2,236.00 |
| Volume | 2.35L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹60,079.77Cr |
Key Statistics
| P/E Ratio | 110.01 |
| PEG Ratio | 33.09 |
| Market Cap | ₹60,079.77 Cr |
| P/B Ratio | 13.43 |
| EPS | 17.57 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹60,079.77 Cr | 63.28% | 0.50 | ₹472 Cr | ₹5,158 Cr |
 | HOLD | ₹40,609.64 Cr | 30.46% | 0.54 | ₹1,056 Cr | ₹4,908 Cr |
 | HOLD | ₹99,150.28 Cr | 77.74% | 0.52 | ₹1,720 Cr | ₹9,000 Cr |
 | ₹1,07,021.22 Cr | 79.31% | 0.67 | ₹477 Cr | ₹23,364 Cr | |
 | HOLD | ₹1,58,995.91 Cr | 102.83% | 0.51 | NA | NA |
Company Information
Share Price: ₹2199.55 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹60,079.77Cr as of today
Revenue: ₹1,625.10Cr as on March 2024 (Q1 24)
Net Profit: ₹181.30Cr as on March 2024 (Q1 24)
Listing date: 20 Mar, 2007
Chairperson Name: Sandeep P Engineer
| Organisation | Astral Ltd |
| Headquarters | Ahmedabad |
| Industry | Plastic products |
| E-voting on shares | Click here to vote |
Key events for Astral Ltd
Astral Ltd Shows Strong Financial Performance - 28 Jun, 2024
Over the past five years, Astral Ltd has demonstrated strong earnings and revenue growth rates surpassing the Indian market average. Despite a recent dip in net income and EPS, the company's revenue growth remains strong at an expected 17.4% per year, outpacing the Indian market forecast of 9.6%. Additionally, Astral's earnings are projected to grow by an impressive 23% annually over the next three years.
Astral Ltd Expected to Outpace Indian Market Growth - 27 Jun, 2024
Astral Limited is expected to see robust growth in revenue and earnings, outpacing the Indian market. Recent financial reports show steady increases in sales and net income, although earnings per share have fluctuated. Insider activity has been minimal.
Astral Ltd Reports Strong Financial Performance - 26 Jun, 2024
Astral Limited, a growth-focused company with substantial insider ownership in India, has demonstrated consistent financial performance with a notable increase in sales and revenue for the fiscal year ending March 2024. The companys robust forecast includes an expected high return on equity and earnings growth projected at 23% annually over the next three years.
Astral Ltd Shows Strong Insider Ownership and Earnings Growth - 25 Jun, 2024
Astral Ltd's stock saw a significant increase in trading volume on BSE, while also showcasing strong insider ownership and consistent earnings growth projections of 23% per year for the next three years.
Investec Maintains Buy Rating on Astral Ltd - 21 Jun, 2024
Investec has maintained a buy rating on Astral Ltd with a target price of Rs 2,370. The brokerage firm expects an imposition of anti-dumping duty on PVC pre-September and the potential levy of anti-dumping duties on CPVC resin/compound in $593-792/t range across countries. Imposition of a quality control order on PVC/EDC/VCM till September 2024. Production of local PVC prices has increased by 15% over QTD.
Insiders Own Majority Stake in Astral Ltd - 12 Jun, 2024
Despite recent sales, insiders remain the top shareholders of Astral Ltd with 54% ownership. CEO Sandeep Engineer holds the largest individual stake at 32%. The general public owns 22%, while private companies hold 15%.
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.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 7.93% to 8.03% in Jun 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 21.22% to 22.48% in Jun 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 113.5 Cr → 181.6 Cr (in ₹), with an average increase of 37.5% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 4 quarters, 1.29K Cr → 1.63K Cr (in ₹), with an average increase of 7.2% per quarter
NO EFFECTAgainst Peers
In the last 3 years, Cera Sanitaryware Ltd has given 106.7% return, outperforming this stock by 61.3%
- NO EFFECT
Against Peers
In the last 1 year, Finolex Industries Ltd has given 68.4% return, outperforming this stock by 50.1%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 54.10% of holdings in Jun 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 1 month, ASTRAL stock has moved down by -6.2%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 11.82% to 10.97% in Jun 2024 quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹1,625.10Cr | ↑18.60% |
Net Income | ₹181.30Cr | ↑60.02% |
Net Profit Margin | 11.16% | ↑34.95% |
| 2023 | Y/Y Change | |
|---|---|---|
Revenue | ₹5,158.50Cr | ↑17.40% |
Net Income | ₹472.50Cr | ↓3.65% |
Net Profit Margin | 9.16% | ↓17.92% |
| 2023 | Y/Y Change | |
|---|---|---|
Total Assets | ₹3,590.70Cr | ↑13.08% |
Total Liabilities | ₹911.40Cr | ↑3.02% |
| 2023 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹486.50Cr | ↓9.40% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 54.1% | 0.00 | |
| Foreign Institutions | 22.48% | 5.93 | |
| Mutual Funds | 8.03% | 1.21 | |
| Retail Investors | 10.97% | ||
| Others | 4.42% |
Key Indicators
Astral Ltd Valuation
Astral Ltd in the last 5 years
Lowest (47.47x)
March 14, 2018
Industry (96.85x)
July 23, 2024
Today (110.01x)
July 23, 2024
Highest (153.18x)
March 15, 2021
Earnings and Dividends
Astral Ltd Earnings Results
Astral Ltd’s net profit fell -11.72% since last year same period to ₹181.60Cr in the Q4 2023-2024. On a quarterly growth basis, Astral Ltd has generated 60% jump in its net profits since last 3-months.
Read More about Earnings ResultsAstral Ltd Dividends October,2023
In the quarter ending September 2023, Astral Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.23%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Astral Ltd is currently in a Bearish trading position according to technical analysis indicators.
Frequently Asked Questions
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Astral Ltd (ASTRAL) share price today is ₹2199.55
Astral Ltd is listed on NSE
Astral Ltd is listed on BSE
- Today’s highest price of Astral Ltd is ₹2236.
- Today’s lowest price of Astral Ltd is ₹2194.55.
PE Ratio of Astral Ltd is 110.01
PE ratio = Astral Ltd Market price per share / Astral Ltd Earnings per share
Today’s traded volume of Astral Ltd(ASTRAL) is 2.35L.
Today’s market capitalisation of Astral Ltd(ASTRAL) is ₹60079.77Cr.
| Astral Ltd(ASTRAL | Price |
|---|---|
52 Week High | ₹2454 |
52 Week Low | ₹1740 |
Astral Ltd(ASTRAL) share price is ₹2199.55. It is down -10.37% from its 52 Week High price of ₹2454
Astral Ltd(ASTRAL) share price is ₹2199.55. It is up 26.41% from its 52 Week Low price of ₹1740
| Astral Ltd(ASTRAL | Returns |
|---|---|
1 Day Returns | -37% |
1 Month Returns | -6.2% |
3 Month Returns | 12.45% |
1 Year Returns | 18.29% |