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Earnings Call Transcript

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.

Why this was an Alfa AlertRevenue guidance raised from 10.0% to 20.0% (+10pp).
Guidance and delivery
EBITDA Margin: guided vs achieved 15.50% achieved Guided 14.30%, 8.4% above the top of the range; confirmed by management
Revenue guidance 10.0% → 20.0% Raised by 10.0 percentage points
Management target Revenue 20.0% FY27
Highlights
Revenue growth15.9% YoY value growth despite flat plumbing volumes in Q1.
MarginsPlumbing margins improved to 18.9%; overall consolidated EBITDA margin at 15.5%.
Demand visibilityStrong demand recovery since July; double-digit growth trajectory currently maintained.
Management confidenceHighly confident, citing market share gains and strong July demand recovery.

Growth

10.1% plumbing value growth; adhesives grew 24.9% (India) and 26% (UK). Paints surged 48.7%.

Outlook

Guided double-digit volume growth; value growth over 20% for FY27 with EBITDA margins between 16-18%.

Risks

High polymer price volatility and inventory cost pressures in the adhesive business impacted recent margins.

Source

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

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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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Value
₹0.27 Cr