| Revenue growth | FY27 piping value growth expected at 18%. |
|---|---|
| Margins | Piping margin guidance 16-18%; CPVC integration to add ~200 bps. |
| Order book | Bathware project pipeline >₹100cr; huge order book for projects. |
| Demand visibility | Strong infrastructure demand; channel inventory at all-time low. |
| Management confidence | High; citing platform readiness and completed foundation in new segments. |
Growth
Adhesive segment targeting ₹2000cr+ revenue in 3-4 years; Faucets growing at 25-30%; Paint segment delivered 23% FY26 growth.
Outlook
FY27 piping volume growth guided at 8%; value growth at 18%. Targeting ₹1000cr paint revenue in 3-4 years. FY27 Capex ~₹300cr.
Risks
Polymer price volatility, historical deflationary trends impacting topline value, and intense competition from legacy paint brands.
Earnings Call filed with BSE, NSE: ASTRAL. Summary written with AI assistance from the document.
Astral Ltd: key numbers
- Share price
- ₹1,275.00
- Market cap
- ₹34,253 Cr
- Revenue (annual)
- ₹6,569 Cr
- Net profit (annual)
- ₹536.6 Cr
- P/E (TTM)
- 60.3×Sector 51.6×
- Promoter holding
- 54.22%+0.00% QoQ
- FII holding
- 11.09%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Astral Ltd
All →Astral Promoter Buying: ₹12.65 Cr
Promoter group entity Saumya Polymers LLP bought 1,00,001 Astral shares on NSE on 8 November 2026. Stake rose from 8.54% to 8.57%, worth Rs.12.65 Crore.
- Value
- ₹12.65 Cr
- Promoter stake change
- +0.03%
Astral Earnings Call Transcript: Key Takeaways
Consolidated Q2 revenue ₹1,988 Cr, +26% YoY, EBITDA margin 13.7%. H1 revenue +21.4%, margin 14.5%. Plumbing margin sits in guided range, but adhesive India, UK and paint are below guidance. Net profit not disclosed.
Astral Management Change
Astral designated Ritesh Patel and Pritesh Shah as Senior Management Personnel from 5 November 2026. The board also approved results and an interim dividend.
Astral Results Update
Astral Ltd's press release reports Q2 FY27 consolidated revenue up 26% to Rs. 1,988 crore and plumbing volume growth of 19.1%. EBIDTA rose only 1.5%, and PAT fell 5.6%.
- pipes and fittings production capacity
- 7550.0 MT
Astral Dividend
Astral Limited's board approved Q2 and H1 FY2026-27 unaudited results and an interim dividend of Rs. 1.50 per share. Record date is November 13, 2026, and two senior management personnel were designated.
Astral Q2 FY27 Results: Net Profit ₹127.3 Cr, Down 5.6% YoY
Astral Ltd reported revenue from operations of ₹1,988 Cr (+26.0% YoY) and net profit of ₹127.3 Cr (-5.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹127.3 Cr · -5.6% YoY