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Earnings Call

Astral Earnings Call: Key Takeaways

Astral is executing a strategic demerger of its Chemical and Plumbing/Bathware businesses to drive transparency and hyper-growth, seeking to bring the high-margin adhesives segment out of the plumbing business's shadow.

Guidance and delivery
Management target Revenue 25.0% FY29
Highlights
Revenue growthChemicals grew to ₹1,861 Cr; overall growth remains robust and volume-led.
MarginsChemical margins to improve from FY25 as paint business turns positive.
Demand visibilityStrong domestic infrastructure tailwinds and new retail expansion in UK/US.
Management confidenceExtremely high; aggressive focus on becoming number one in specific chemistries.

Growth

Chemicals closed FY24 at ₹1,861 Cr with aspirations to reach ₹4,400-5,000 Cr by FY28-29.

Outlook

Adhesives business targeted to achieve double-digit EBITDA margins and reach ₹5,000 Cr revenue within 5 years.

Risks

Demerger operational friction, potential margin dilution from rapid paint expansion, and execution risk in scaling new UK/US retail contracts.

Source

Earnings Call filed with NSE, NSE: ASTRAL. Summary written with AI assistance from the document.

Read the document ↗

Astral Ltd: key numbers

Share price
₹1,399.00
Market cap
₹37,584 Cr
Revenue (annual)
₹6,569 Cr
Net profit (annual)
₹536.6 Cr
P/E (TTM)
65.3×Sector 53.6×
Promoter holding
54.22%+0.00% QoQ
FII holding
13.89%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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14:38 IST BSE
Other Announcement

Astral Other Announcement

Designated Person Santoshkumar Pandey sold 1,724 equity shares of Astral Ltd for Rs. 0.27 Crore via a market sale.

Value
₹0.27 Cr
18:57 IST NSE
Earnings Call

Astral Earnings Call Transcript: Key Takeaways

Astral delivered a robust 15.9% revenue growth and 15.5% consolidated EBITDA margin, significantly outperforming a sluggish polymer industry that contracted 10%. Growth was driven by adhesives and paints, despite flat plumbing volumes.

Call
Guides 20% growth