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Astral Ltd Share Price (ASTRAL)

₹1958.60.16%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Astral Ltd share Performance

  • ₹1954
    ₹1978.3
    ₹1958.6
    downward going graph

    0.23%

    Low

    Day's Volatility:1.24%

    High

    1.01%

    downward going graph
  • ₹1383.55
    ₹2143.8
    ₹1958.6
    downward going graph

    29.36%

    Low

    52 Weeks Volatility:38.82%

    High

    9.46%

    downward going graph
1 Month Return-1.57 %
3 Month Return10.56 %
1 Year Return40.73 %
Previous Close₹1,961.70
Open₹1,968.05
Volume5.07L
Upper Circuit-
Lower Circuit-
Market Cap₹52,696.56Cr

Analyst Rating for Astral Ltd stock

based on 20 analysts

BUY
52.38%
Buy
33.33%
Hold
14.29%
Sell

Based on 20 analysts offering long term price targets for Astral Ltd. An average target of ₹2044.15

Source: S&P Global Market Intelligence

Company Information

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: ₹1958.60 per share as on 23 Apr, 2024 04:01 PM
Market Capitalisation: ₹52,696.56Cr as of today
Revenue: ₹1,370.20Cr as on December 2023 (Q4 23)
Net Profit: ₹113.30Cr as on December 2023 (Q4 23)
Listing date: 20 Mar, 2007
Chairperson Name: Sandeep P Engineer
OrganisationAstral Ltd
HeadquartersAhmedabad
IndustryPlastic products
E-voting on sharesClick here to vote

Key events for Astral Ltd

  • Prabhudas Lilladher Sets Buy Call on Astral Ltd with Target Price of Rs 2244 - 12 Apr, 2024

    Prabhudas Lilladher has set a buy call on Astral Ltd with a target price of Rs 2244. For the quarter ended December 31, 2023, the company reported a consolidated total income of Rs 1376.60 crore and net profit after tax of Rs 113.30 crore.

  • Astral Partners with IPL Teams; Expected Revenue Growth - 10 Apr, 2024

    Astral Limited's partnership with IPL teams creates a unique platform for brand promotion during IPL 2024 matches. The company is expected to grow revenue by 17% per annum over the next three years despite having a high P/S ratio of 9.7x.

  • Astral Ltd's Balance Sheet Looks Solid - 26 Mar, 2024

    Astral Ltd has a solid balance sheet with total liabilities equal to its liquid assets. The company has more cash than debt and grew its EBIT by 36% over the last twelve months, indicating it can manage its debt safely.

  • Astral Ltd Expects Steady Growth in Q4FY24 - 15 Mar, 2024

    Astral Ltd expects steady growth in demand for pipes and adhesives, with pipe volume growth of >20% and adhesive revenue growth of 15%-20% YoY in FY24. The company also targets ~INR 1bn revenues from the bathware segment in FY25. ICICI Securities maintains a HOLD rating with an unchanged Mar25E target price of INR 1,949.

  • Prabhudas Lilladher Recommends Accumulate for Astral Ltd - 14 Mar, 2024

    Prabhudas Lilladher has recommended an accumulate call on Astral with a target price of Rs 2244. For the quarter ended December 31, 2023, the company reported a consolidated total income of Rs 1376.60 crore and net profit after tax of Rs 113.30 crore.

Fundamentals of Astral Ltd

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

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 19.79% to 21.22% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 1.29K Cr → 1.37K Cr (in ₹), with an average increase of 3.0% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Finolex Industries Ltd has given 54.9% return, outperforming this stock by 14.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cera Sanitaryware Ltd has given 82.7% return, outperforming this stock by 28.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, ASTRAL stock has moved down by -1.6%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 131.2 Cr → 113.5 Cr (in ₹), with an average decrease of 13.5% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 12.44% to 11.82% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 8.38% to 7.93% in Mar 2024 quarter

Astral Ltd Valuation

Astral Ltd in the last 5 years

  • Overview

  • Trends

Lowest (47.47x)

March 14, 2018

Industry (82.01x)

April 22, 2024

Today (92.40x)

April 22, 2024

Highest (153.18x)

March 15, 2021

LowHigh

Mutual Fund Holdings

Funds Holdings
Axis ELSS Tax Saver Fund Direct Plan Growth OptionAxis ELSS Tax Saver Fund Direct Plan Growth Option2.16%
UTI Flexi Cap Fund - Growth Option - DirectUTI Flexi Cap Fund - Growth Option - Direct2.67%
Axis Midcap Fund Direct Plan GrowthAxis Midcap Fund Direct Plan Growth2.27%
Nippon India Growth Fund - Direct Plan - GrowthNippon India Growth Fund - Direct Plan - Growth1.53%
UTI Mid Cap Fund-Growth Option- DirectUTI Mid Cap Fund-Growth Option- Direct1.91%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
54.1%
0.00
Foreign Institutions
21.22%
0.00
Mutual Funds
7.93%
0.00
Retail Investors
11.82%
0.00
Others
4.92%
0.00

Technicals of Astral Ltd share

News & Events of Astral Ltd

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Astral Ltd (ASTRAL) share price today is ₹1958.6

Astral Ltd is listed on NSE

Astral Ltd is listed on BSE

  • Today’s highest price of Astral Ltd is ₹1978.3.
  • Today’s lowest price of Astral Ltd is ₹1954.

PE Ratio of Astral Ltd is 92.4

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

Today’s traded volume of Astral Ltd(ASTRAL) is 5.07L.

Today’s market capitalisation of Astral Ltd(ASTRAL) is ₹52696.56Cr.

Astral Ltd(ASTRALPrice
52 Week High
₹2143.8
52 Week Low
₹1383.55

Astral Ltd(ASTRAL) share price is ₹1958.6. It is down -8.64% from its 52 Week High price of ₹2143.8

Astral Ltd(ASTRAL) share price is ₹1958.6. It is up 41.56% from its 52 Week Low price of ₹1383.55

Astral Ltd(ASTRALReturns
1 Day Returns
-3.1%
1 Month Returns
-1.57%
3 Month Returns
10.56%
1 Year Returns
40.73%