NSE: ASTRAL | BSE: 532830

Expensive Performer

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1370.70 26.70 (1.99%)

44.14% Fall from 52W High

266.3K NSE+BSE Volume

NSE 16 May, 2025 10:32 AM (IST)

36,821.8

Market Cap

Market Runner Up

0.9

Beta 1Year

Low volatility

Board Meeting

The next board meeting for Astral Ltd. is on 21 May 2025 for the purpose of Audited Results & Final Dividend See details

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.

06 Aug 2020

1370.70

1.99%

Astral Poly Technik

Hold: Astral Ltd.

Target

ICICI Securities Limited

Piping segment demand recovery was led by semi urban, rural areas that were less impacted by pandemic. Astral recovered ~90% of piping sales volume in May-July 2020 despite nominal sales from metro regions. Further, opening of metro regions coupled with its plan to enhance dealer networks across semi urban and rural regions would help in a faster sales recovery from H2FY21E onwards. On the adhesive side, the demand recovery was impressive post ease in restrictions with ~26% sales growth in July 2020. Low base and completion of its distribution realignment strategy yielded a...

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

Astral Ltd.

06 Aug 2020

1370.70

1.99%

Astral Poly Technik: Q1FY21 Result Review

Buy: Astral Ltd.

IDBI Capital

Astral Poly Technik's (Astral) Q1FY21 result was better than our estimates on net sales and EBITDA, while PAT was a big beat owing to lower tax outgo. Net sales declined by 33.4% YoY to Rs4bn, EBITDA was down by 41.7% YoY to Rs543mn and adjusted PAT was lower by 57.5% YoY to Rs203mn. The company's piping segment started operation from first week of May, while adhesive segment resumed operation from second half of May. Lower production and nationwide lockdown weighed on Astral's Q1FY21 performance. However, on a positive note, plastic pipes/adhesives were operational at 95%/90% capacity respectively in July. The management's prudent strategies on new...

Astral Ltd. is trading above its 50 day SMA of 1312.8

Astral Ltd.

05 Aug 2020

1370.70

1.99%

Astral Poly Technik (REDUCE): Lockdown-hit quarter

Sell: Astral Ltd.

Target

BOB Capital Markets Ltd.

Astral Poly Technik's (ASTRA) Q1FY21 consolidated revenue declined at a slower pace than expected, posting 33% YoY contraction as the lockdown induced a 31% drop in pipe volumes.

Astral Ltd. is trading above its 50 day SMA of 1312.8

Astral Ltd.

22 Jun 2020

1370.70

1.99%

Initiating Coverage:Astral Poly Tech

Sell: Astral Ltd.

Axis Direct

We initiate coverage on Astral Polytechnik with a SELL recommendation and price target of Rs 758/-. India's Real Estate (esp. residential) was struggling prior to Covid-19 and has been further pushed to brink due to Covid-19 induced circumstances, viz., migration of labourers

Astral Ltd. has lost -20.82% in the last 6 Months

Astral Ltd.

28 May 2020

1370.70

1.99%

Astral Poly Tec

Hold: Astral Ltd.

East India Securities Ltd

Astral Ltd. has lost -20.82% in the last 6 Months

Astral Ltd.

28 May 2020

1370.70

1.99%

Astral Poly Technik: Q4FY20 Result Review

Buy: Astral Ltd.

IDBI Capital

Astral Poly Technik's (Astral) Q4FY20 result was better than our forecast. While revenue came in-line with our estimates, EBITDA and PAT were higher owing to decline in raw material prices and lower tax outgo. Revenue declined by 18.8% to Rs6.2bn, EBITDA was down by 5.3% YoY to Rs1.1bn and adjusted PAT was lower by 19.3% YoY to Rs516 mn. The management has reiterated their positive stance on both businesses and is confident to overcome this crisis with improved operational efficiency. We believe impact of COVID-19 on real estate and infrastructure would dent demand for pipes in FY21E. We have cut our FY22E net sales/EBITDA/PAT estimates by -11.7%/10.6%/-14.6% respectively. Maintain BUY with a TP of Rs1,093 (from earlier TP of Rs...

Astral Ltd. has lost -20.82% in the last 6 Months

Astral Ltd.

27 May 2020

1370.70

1.99%

Astral Poly Technik

Hold: Astral Ltd.

Recommendation Target

ICICI Securities Limited

Strong volume gain in January-February wiped out in March During the first two months of Q4FY20 (i.e. January-February before the lockdown) the piping segment reported strong growth in volume, value by 19%, 17% YoY, respectively. However, volume shortfall during March 2020 (down 53% YoY due to lockdown) led the overall piping segment volume to decline ~13% YoY in Q4FY20. On the other hand, ~28% drop in revenue of adhesive segment in Q4FY20 was mainly due to ~60% revenue decline in March 2020. While major urban areas are still under partial lockdown, the...

Astral Ltd. has lost -20.82% in the last 6 Months

Astral Ltd.

27 May 2020

1370.70

1.99%

First Light | Weekly Eco Wrap, Astral Poly Technik

Sell: Astral Ltd.

BOB Capital Markets Ltd.

Weekly Wrap: Global data shows world economy improving. ASTRA: Volumes hit due to lockdown, maintain REDUCE

Astral Ltd. is trading above its 50 day SMA of 1312.8

Astral Ltd.

26 May 2020

1370.70

1.99%

Astral Poly Technik (REDUCE): Volumes hit due to lockdown, maintain REDUCE

Sell: Astral Ltd.

Target

BOB Capital Markets Ltd.

Astral Poly Technik's (ASTRA) Q4FY20 performance was disappointing, with consolidated revenue dropping 19% YoY and pipe volumes down 13%.

Astral Ltd. is trading above its 50 day SMA of 1312.8

Astral Ltd.

26 May 2020

1370.70

1.99%

Astral Poly Tec

Accumulate: Astral Ltd.

Dolat Capital

Astral Poly Technik (ASTRA) Q4FY20 numbers below estimates on revenue front as last 12-14 days of March was lost due to lockdown, there was a pile up of inventory at depots and sales was lost due to logistics constraints and weakness in adhesives business and in line with estimates on operating profitability parameters. Adhesive segment margins on a full year showed growth as structural changes of eliminating stockists was undertaken. Stockist margins of 68% was removed which directly benefited the Company. ASTRA has plans for expansion and have acquired adjacent land at...

Astral Ltd. is trading below its 100 day SMA of 1415.6

Is Astral Poly Technik Ltd. worth buying?

480 Votes:

Buy 77.08%

Sell 13.54%

Hold 9.38%

RESEARCH REPORTS

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