NSE: ASTRAL | BSE: 532830

Expensive Performer

Download real time

1316.10 -29.00 (-2.16%)

46.37% Fall from 52W High

417.3K NSE+BSE Volume

NSE 02 May, 2025 3:31 PM (IST)

35,355

Market Cap

Market Runner Up

0.9

Beta 1Year

Low volatility

Astral Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for ASTRAL, BSE:532830 Astral Ltd.

Astral Ltd.

02 Aug 2019, 12:00AM

1316.10

-2.16%

Margins impacted due to RM volatility. Story remains intact. Maintain BUY Astral Poly Technik (ASTRA) Q1FY20 numbers were in line with estimates on revenue and profitability parameters. Piping segment (including Rex) reported volume growth of 41.2% YoY and revenue growth of 37% YoY. Adhesive segment reported flattish growth due to few structural changes in Resinova, which will be corrected in current quarter and management has guided for double digit growth for FY20. Margins got impacted due to inventory losses of approx. ` 70-80 mn. We believe that inventory losses...

Astral Ltd.'s price crossed below 50Day SMA today

Astral Ltd.

02 Aug 2019, 12:00AM

1316.10

-2.16%

Astral Poly Technik (REDUCE): Piping segment aided by Rex acquisition spurs growth

Sell: Astral Ltd.

BOB Capital Markets Ltd.

Astral Poly Technik (ASTRA) reported marginally better consolidated revenue growth than expected at 27% YoY in Q1FY20.

Astral Ltd. is trading above its 30 day SMA of 1312.2

Astral Ltd.

12 Jul 2019

1316.10

-2.16%

Astral Poly Tec

Accumulate: Astral Ltd.

Dolat Capital

We believe that ASTRA is in the investment phase and will reap long-term benefits of this strategy in the next five years. We believe that revenue growth and margin profile should rise. The company's growth trajectory remains high and return ratios are also expanding, therefore valuation...

Astral Ltd.'s price crossed below 50Day SMA today

Astral Ltd.

24 May 2019

1316.10

-2.16%

Astral Poly Tec

Buy: Astral Ltd.

Dolat Capital

One off events impact profitability. Story remains intact. Maintain BUY. Astral Poly Technik (ASTRA) Q4FY19 results were lower than our estimates on profitability parameters. The profitability was impacted, due to one-off events, such as inventory loss (in both divisions pipe and adhesive) and the Rex acquisition. We believe that inventory losses will be reversed to a large extent, as PVC prices have trended upward in 1QFY20. As the Rex acquisition cost is already reflected in the balance sheet, profitability should improve from the current level. The piping volume grew 23% YoY...

Astral Ltd. is trading below its 50 day SMA of 1324.1

Astral Ltd.

23 May 2019

1316.10

-2.16%

Astral Poly Technik: Q4FY19 Result Review

Sell: Astral Ltd.

IDBI Capital

Astral Poly Technik's (Astral) Q4FY19 result was largely in-line to our forecast. Revenue grew by 19% YoY to Rs7.7bn. While EBITDA remained flattish on a YoY basis at Rs1.2bn owing to higher other expenses, Adj. PAT declined 13% YoY to Rs611mn. Plastic segment (Inclusive of Rex) witnessed volume growth of 23% YoY to 38,877mt whereas EBITDA just grew by 9.7% YoY to Rs977mn owing to higher expenses. Further, Adhesive business revenue increased by 19% YoY to Rs1.8bn while EBITDA declined by 22% YoY to Rs250mn due to higher branding expenses. We largerly keep our estimates unchanged and introduce FY21 financials and expect its revenue/EBITDA/PAT to see a...

Astral Ltd. is trading below its 50 day SMA of 1324.1

Astral Ltd.

23 May 2019

1316.10

-2.16%

Astral Poly Technik Ltd - Result Update Q4FY19

Buy: Astral Ltd.

Edelweiss

Astral Poly Technik Ltd. (ASTRAL) reported sales of INR 775cr grew by 21.3% YoY over Q4FY18 (3% below our estimates).

Astral Ltd. has an average target of 2088.50 from 8 brokers.

Astral Ltd.

26 Mar 2019

1316.10

-2.16%

Long Term Recommendation - Astral Poly Technik Ltd

Buy: Astral Ltd.

Edelweiss

Astral Poly Technik (Astral) is the domestic market leader in the niche CPVC pipes & fittings market.

Astral Ltd. has an average target of 2088.50 from 8 brokers.

Astral Ltd.

13 Feb 2019

1316.10

-2.16%

Astral Poly Technik

Hold: Astral Ltd.

ICICI Securities Limited

Astral's consolidated revenue growth of ~24% YoY in Q3FY19 was led by consolidation of Rex Polyextrusion (Rex) in the topline. Piping and adhesive segment recorded revenue growth of ~14% and ~15%, respectively. Piping segment volume growth at ~4% YoY was impacted by liquidity issue and systemic corrections (like channel financing and installation of billing software). On the adhesive segment, Resinova (domestic business) recorded slow revenue growth of 7% YoY on account of a high base...

Astral Ltd. has lost -25.99% in the last 6 Months

Astral Ltd.

10 Jan 2019

1316.10

-2.16%

ASTRAL POLY TECHNIK LIMITED

Hold: Astral Ltd.

Geojit BNP Paribas

Astral is engaged in the business of manufacturing and marketing of PVC and CPVC plumbing systems for residential as well as industrial applications. It has also ventured into adhesives category in 2014 by acquiring Resinova and Seal It (UK and USA). Astral is expanding capacities in both pipes & fittings and adhesives which will help the company in capturing incremental demand and also aid in reducing logistics cost. Implementation of GST will provide an edge to organised players (market share of 60%/70% in pipes/adhesives) like Astral due to its strong distribution network and widespread geographical presence leading to market share gains....

Astral Ltd. has lost -37.86% in the last 1 Year

Astral Ltd.

26 Dec 2018

1316.10

-2.16%

Astral Poly Technik

Buy: Astral Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Astral Poly came out with a strong set of numbers in H1FY19 wherein revenue, PAT increased 20%, 30% YoY, respectively, led by impressive growth in the adhesive segment (revenue up 25% YoY). The piping segment revenue growth at ~12% YoY was lower-than-expected mainly due to trucker's strike, floods in Kerala and fall in PVC prices, which led to sales deferral by dealers. Despite this, EBITDA margins increased ~200 bps YoY to 15.6% due to price hike (mainly in the adhesive segment),...

Astral Ltd. is trading below its 50 day SMA of 1324.1

Is Astral Poly Technik Ltd. worth buying?

478 Votes:

Buy 77.2%

Sell 13.39%

Hold 9.41%

RESEARCH REPORTS

Buy SEE REPORTS >

pdf

Buy SEE REPORTS >

pdf