ALFA Finder| EBITDA Margin: guided vs achieved | 17.40% achieved Guided 16.00%–18.00%, -3.3% above the top of the range |
|---|
| Revenue growth | Consolidated Q2 +26% YoY; H1 +21.4%; volume-led plumbing growth. |
|---|---|
| Margins | Plumbing H1 17.4%; adhesive India 11.5%; paint negative Q2. |
| Demand visibility | Record October sales; double-digit volume momentum expected Q3-Q4. |
| Management confidence | Over-optimistic: repeated H2 recovery claims despite below-guide margins. |
Growth
Q2 revenue +26% YoY; H1 +21.4%. Plumbing H1 volume +10.1%, value growth higher. Paint Q2 +44%, from a small base.
Outlook
Plumbing FY27 EBITDA ~₹1,050 Cr; total ~₹1,250 Cr. FY27 capex ~₹400 Cr. Plumbing volume 2.90-3.00 lakh tonnes.
Risks
Adhesive India margin 11.5% H1 vs 14-15% guidance. Paint Q2 EBITDA negative. Opex up ~19-20% YoY. Polymer and crude volatility.
Earnings Call Transcript filed with NSE, NSE: ASTRAL. Summary written with AI assistance from the document.
Astral Ltd: key numbers
- Share price
- ₹1,253.60
- Market cap
- ₹33,678 Cr
- Revenue (annual)
- ₹6,569 Cr
- Net profit (annual)
- ₹536.6 Cr
- P/E (TTM)
- 59.3×Sector 50.0×
- 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 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
Astral Legal & Regulatory
Astral received a Rs 0.82 Crore GST penalty order from Howrah tax authorities. The company will challenge it and sees no material impact.
- Value
- ₹0.82 Cr
Astral Legal & Regulatory
Astral received a Section 74 GST demand order totalling about Rs.0.85 Crore including tax, interest and penalty. The company will contest it and sees no material impact.
- Value
- ₹0.85 Cr