NSE: ASTRAL | BSE: 532830

Falling Comet

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1248.90 -17.00 (-1.34%)

Near 52W Low of ₹1232.30

465.8K NSE+BSE Volume

NSE 11 Apr, 2025 3:31 PM (IST)

33,549.8

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.

30 Jan 2024

1248.90

-1.34%

Astral (HOLD): Mixed quarter, guidance broadly intact

Hold: Astral Ltd.

BOB Capital Markets Ltd.

Topline in line at Rs 13.7bn; miss at EBITDA level on one-off expense and MTM inventory loss

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

Astral Ltd.

20 Oct 2023

1248.90

-1.34%

Company Outlook & Guidance: The management has guided 15% consolidated revenue growth for the next 5 years. Pipes volume growth to be in the range of ~20% ( vs. the industry growth of 9%-10%) in FY24E.

Axis Direct upgraded Astral Ltd. to Buy with a price target of 1475.0 on 05 Apr, 2025.

Astral Ltd.

20 Oct 2023

1248.90

-1.34%

Astral Ltd | Q2FY24 Result Update

Buy: Astral Ltd.

Target

Edelweiss

Strong volume growth in plumbing; outlook promising

Astral Ltd. has lost -20.17% in the last 3 Months

Astral Ltd.

20 Oct 2023

1248.90

-1.34%

Favourable base in H1 drives strong growth; H2FY24 growth to be lower on high base

Hold: Astral Ltd.

Target

ICICI Securities Limited

Astral reported better-than-expected Q2FY24 volumes growth of 27.8% YoY (4-yr CAGR of 10.7%) in its pipes segment owing to a low-base. Consolidated revenue grew 16.3% YoY with pipes/adhesives segments growing 15.1%/17.5% YoY. Consolidated EBITDA margin improved 386bps YoY (+44bps QoQ) to 16.1%, leading to EBITDA/APAT growth of 52.8%/72.8% YoY.

Axis Direct upgraded Astral Ltd. to Buy with a price target of 1475.0 on 05 Apr, 2025.

Astral Ltd.

19 Oct 2023

1248.90

-1.34%

Astral Ltd

Buy: Astral Ltd.

Recommendation Target

Sharekhan

Number of FII/FPI investors decreased from 648 to 638 in Dec 2024 qtr

Astral Ltd.

04 Sep 2023

1248.90

-1.34%

Demand and margin trend remains favourable

Hold: Astral Ltd.

ICICI Securities Limited

We interacted with the management of Astral Ltd (Astral) and following are the key takeaways: a) demand trend in pipe market remains healthy in Q2FY24-TD with 20%+ volume growth YoY (partly aided by low base) driven largely by the plumbing segment; b) management indicated operating margins to improve QoQ in Q2FY24 for both pipes (due to better product mix and no inventory losses likely to recur in Q2 given that PVC resin prices have been on an uptrend) and adhesives (benign raw material prices).

Astral Ltd. is trading below all available SMAs

Astral Ltd.

14 Aug 2023

1248.90

-1.34%

Result Update:Astral

Buy: Astral Ltd.

Target

Axis Direct

Company Outlook & Guidance: The management has guided 15% consolidated revenue growth for the next 5 years. Pipes volume growth to be in the range of 15%-20% ( vs. the industry growth of 9%-10%) in FY24E.

Astral Ltd. has lost -37.41% in the last 1 Year

Astral Ltd.

12 Aug 2023, 12:00AM

1248.90

-1.34%

Demand environment healthy; margins to improve further

Hold: Astral Ltd.

Target

ICICI Securities Limited

In Q1FY24, Astral reported pipes volume growth of 31.1% YoY (4-year CAGR of 10.9%). Consol revenue grew 5.8% YoY with pipes/adhesives segments growing ~6%/9% YoY. Consolidated EBITDA margin improved 165bps YoY (-480bps QoQ) to 15.7%, leading to EBITDA/APAT growth of 18.2%/26.4% YoY.

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

Astral Ltd.

12 Aug 2023, 12:00AM

1248.90

-1.34%

Astral Ltd | Q1FY24 Result Update

Buy: Astral Ltd.

Edelweiss

Healthy volume growth; outlook promising

Astral Ltd. has lost -37.41% in the last 1 Year

Astral Ltd.

26 May 2023

1248.90

-1.34%

Demand tailwinds ahead

Hold: Astral Ltd.

ICICI Securities Limited

Management indicated demand environment for pipes remains healthy, driven by plumbing segment, which is further supported by a peak agri season. Lower PVC prices have fuelled demand for pipe industry. Management expects pipe industry to grow at 9-10%.

Astral Ltd. is trading below all available SMAs

Is Astral Poly Technik Ltd. worth buying?

475 Votes:

Buy 77.26%

Sell 13.47%

Hold 9.26%

RESEARCH REPORTS

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Buy SEE REPORTS >

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