NSE: ASTRAL | BSE: 532830

Expensive Performer

Download real time

1492.60 -12.40 (-0.82%)

35.55% Fall from 52W High

221.7K NSE+BSE Volume

NSE 16 Jul, 2025 3:31 PM (IST)

40,096.4

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.

28 Aug 2019

1492.60

-0.82%

Plastic Products: Anti-dumping duty on CPVC Astral Poly a key beneficiary

Sell: Astral Ltd.

BOB Capital Markets Ltd.

India's finance ministry has imposed provisional anti-dumping duty (ADD) on CPVC resin/compounds imported from China and Korea for a period of six months starting 26 August.

Astral Ltd. is trading above its 150 day SMA of 1456.4

Astral Ltd.

06 Aug 2019

1492.60

-0.82%

Astral Poly Technik: Q1FY20 Result Review

Hold: Astral Ltd.

IDBI Capital

The company's focus on capacity expansion in piping segment, ramping up capacity utilization in adhesive segment and restructuring of distribution network would be key growth levers for Astral. The company's overseas operations at UK, USA and Kenya are seeing traction and are expected to grow at healthy double digit in volume terms. We forecast net sales/EBITDA/PAT to grow at a CAGR of 19%/20.7%/27.1%. Maintain HOLD...

Axis Direct increased Buy price target of Astral Ltd. to 1680.0 on 16 Jul, 2025.

Astral Ltd.

05 Aug 2019

1492.60

-0.82%

Astral Poly Technik

Hold: Astral Ltd.

ICICI Securities Limited

The company reported robust standalone revenue growth of 26% YoY (excluding Rex) led by 28% volume growth in Q1FY20. Volume growth was mainly driven by increase in distribution network, strong demand of CPVC and agriculture pipes. The company's Rex business recorded revenue of | 40 crore, which was below estimates. The company incurred a loss of one month sales, mainly due rationalisation of distribution network and streamlining of Rex line with Astral (change in GST number, implementation of SAP). On the adhesive front, muted topline growth is attributable to...

Astral Ltd. has an average target of 1941.67 from 9 brokers.

Astral Ltd.

05 Aug 2019

1492.60

-0.82%

Astral Poly Technik Ltd - Result Update Q1FY20

Buy: Astral Ltd.

Edelweiss

Astral Poly Technik Ltd. (ASTRAL) reported sales of INR 607cr grew by 27.2% YoY (4.4% above our estimates).

Astral Ltd. has an average target of 1941.67 from 9 brokers.

Astral Ltd.

02 Aug 2019

1492.60

-0.82%

Astral Poly Tec

Buy: Astral Ltd.

Dolat Capital

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. is trading below its 30 day SMA of 1511.2

Astral Ltd.

02 Aug 2019

1492.60

-0.82%

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.

Axis Direct increased Buy price target of Astral Ltd. to 1680.0 on 16 Jul, 2025.

Astral Ltd.

12 Jul 2019

1492.60

-0.82%

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. is trading below its 30 day SMA of 1511.2

Astral Ltd.

24 May 2019

1492.60

-0.82%

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. has an average target of 1941.67 from 9 brokers.

Astral Ltd.

23 May 2019

1492.60

-0.82%

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...