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Astral Limited
(ASTRAL)
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Rating:67Neutral
Price Target:
₹1,483.00
▼(-0.29% Downside)
Action:Reiterated
Date:06/30/26
The score is primarily supported by strong financial quality—especially the low-leverage balance sheet and consistent revenue growth—partly offset by recent margin compression and uneven cash-flow consistency. Valuation is a meaningful headwind given the high P/E and low dividend yield, and technical signals could not be assessed due to missing indicator data.
Positive Factors
Low-leverage balance sheet
Astral's conservatively levered balance sheet provides durable financial flexibility: it supports capital expenditure for network and capacity, cushions cyclical construction demand, preserves investment-grade-like optionality for M&A or restructuring, and reduces refinancing risk over the next 2–6 months.
Negative Factors
Margin compression
Declining margins suggest pressure from raw-material costs or mix shifts. Sustained margin compression would erode return on capital and limit ability to reinvest in distribution or product development, making profit recovery and long-term ROE normalization harder within a 2–6 month horizon.
Read all positive and negative factors
Positive Factors
Negative Factors
Low-leverage balance sheet
Astral's conservatively levered balance sheet provides durable financial flexibility: it supports capital expenditure for network and capacity, cushions cyclical construction demand, preserves investment-grade-like optionality for M&A or restructuring, and reduces refinancing risk over the next 2–6 months.
Read all positive factors
Astral Limited (ASTRAL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹370.09B
Dividend Yield0.26%
Average Volume (3M)24.14K
Price to Earnings (P/E)68.9
Beta (1Y)0.85
Revenue Growth12.62%
EPS Growth2.48%
CountryIN
Employees4,862
SectorGeneral
Sector StrengthN/A
IndustryConstruction
Share Statistics
EPS (TTM)19.98
Shares Outstanding268,650,180
10 Day Avg. Volume24,960
30 Day Avg. Volume24,144
Financial Highlights & Ratios
PEG Ratio33.22
Price to Book (P/B)10.59
Price to Sales (P/S)6.54
P/FCF Ratio71.16
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹1,600.00Price Target Upside7.58% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)26.86
Revenue Forecast (FY)₹76.99B
Astral Limited Business Overview & Revenue Model
Company Description
Astral Limited, along with its subsidiaries, is an India-based company with a global presence, specializing in the manufacturing and distribution of piping systems, water storage solutions, and various adhesives and sealants. Its core business ope...
How the Company Makes Money
Astral makes money mainly by selling manufactured building-material products through distribution and retail channels. Its core revenue stream is the piping business: sale of polymer pipes and fittings (e.g., plumbing and drainage systems) to resi...
Astral Limited Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
86
Very Positive
Cash Flow
72
Positive
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 65.69B | 58.32B | 56.41B | 51.59B | 43.94B |
| Gross Profit | 17.36B | 22.83B | 21.55B | 17.05B | 14.53B |
| EBITDA | 10.54B | 9.21B | 9.13B | 8.04B | 7.49B |
| Net Income | 5.37B | 5.24B | 5.46B | 4.57B | 4.84B |
Balance Sheet | |||||
| Total Assets | 58.12B | 50.56B | 44.98B | 43.73B | 33.87B |
| Cash, Cash Equivalents and Short-Term Investments | 9.43B | 6.08B | 6.09B | 6.82B | 6.42B |
| Total Debt | 2.50B | 2.33B | 1.19B | 871.00M | 983.00M |
| Total Liabilities | 17.54B | 13.63B | 12.29B | 14.14B | 10.23B |
| Stockholders Equity | 40.58B | 36.17B | 31.88B | 27.11B | 23.37B |
Cash Flow | |||||
| Free Cash Flow | 6.04B | 848.00M | 2.69B | 2.46B | 1.97B |
| Operating Cash Flow | 10.63B | 6.30B | 8.23B | 5.57B | 5.43B |
| Investing Cash Flow | -5.86B | -5.13B | -5.41B | -4.80B | 715.00M |
| Financing Cash Flow | -1.95B | -1.18B | -2.02B | -1.91B | -440.00M |
Astral Limited Technical Analysis
Negative
1487.25
Price Trends
1489.22
Negative
1551.76
Negative
1500.45
Negative
Market Momentum
-48.87
Positive
38.79
Neutral
38.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ASTRAL, the sentiment is Negative. The current price of 1487.25 is above the 20-day moving average (MA) of 1418.86, below the 50-day MA of 1489.22, and below the 200-day MA of 1500.45, indicating a bearish trend. The MACD of -48.87 indicates Positive momentum. The RSI at 38.79 is Neutral, neither overbought nor oversold. The STOCH value of 38.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ASTRAL.
Astral Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ₹103.84B | 17.25 | ― | 1.19% | -0.69% | -25.08% | |
67 Neutral | ₹370.09B | 68.92 | ― | 0.26% | 12.62% | 2.48% | |
63 Neutral | ₹6.33B | 14.56 | ― | 1.39% | 1.05% | -47.93% | |
63 Neutral | ₹446.94B | 46.91 | ― | 1.05% | 7.38% | -0.72% | |
61 Neutral | ₹29.71B | 40.54 | ― | 0.20% | 2.95% | 74.29% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | ₹22.26B | 294.85 | ― | 0.23% | -6.49% | -77.93% |
* General Sector Average
IN:ASTRAL
Astral Limited
1,377.60
-125.64
-8.36%
IN:APOLLOPIPE
Apollo Pipes Ltd.
505.45
82.33
19.46%
IN:FINPIPE
Finolex Industries Limited
167.35
-39.87
-19.24%
IN:PPL
Prakash Pipes Limited
264.80
-119.79
-31.15%
IN:PRINCEPIPE
Prince Pipes And Fittings Ltd
268.75
-78.72
-22.66%
IN:SUPREMEIND
Supreme Industries Limited
3,518.50
-653.62
-15.67%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.