NSE: ASTRAL | BSE: 532830

Expensive Performer

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1364.50 -6.30 (-0.46%)

44.40% Fall from 52W High

269.0K NSE+BSE Volume

NSE 29 Apr, 2025 3:31 PM (IST)

36,655.2

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.

09 Nov 2020

1364.50

-0.46%

Astral Poly Technik: Q2FY21 Result Review

Buy: Astral Ltd.

IDBI Capital

Astral Poly Technik's (Astral) Q2FY21 result was ahead of our and consensus estimates on key parameters. Strong demand in plumbing pipes led to healthy sales growth, while better product mix and prudent cost savings aided EBITDA margin. Net sales improved by 10.1% YoY to Rs7.4bn, EBITDA was up by 20.7% YoY to Rs1.4bn. The company reported net profit of Rs879mn, growth of 6.5% YoY. The management guided that strong recovery in demand post a subdued Q1FY21 led to higher sales volumes in piping industry. Further, the company expects demand traction to continue in H2FY21E, supported by recovery in metros. Astral's capacity expansion plan to cater to...

Astral Ltd. is trading below its 100 day SMA of 1473.2

Astral Ltd.

07 Nov 2020

1364.50

-0.46%

Astral Poly Technik Ltd. | Q2FY21 Result Update

Buy: Astral Ltd.

Target

Edelweiss

On a consolidated basis, Revenue/EBITDA/PAT for the quarter grew by 10.1%/20.7%/11.9%

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

Astral Ltd.

07 Nov 2020

1364.50

-0.46%

Astral Poly Tec

Accumulate: Astral Ltd.

Target

Dolat Capital

Astral Poly Technik (ASTRA) Q2FY21 numbers were above our estimates on revenue front and profitability front. Volume growth of 2.2% YoY and 62.4% QoQ in pipe segment as end markets opened up and company had inventory ready and robust distribution network. Pipes business showed a positive growth YoY from Sep'20 onwards. Adhesive segment from the month of July showed a positive growth after a subdued previous quarter. Margins on a full year showed growth as structural changes of eliminating stockists was undertaken....

Number of FII/FPI investors decreased from 638 to 622 in Mar 2025 qtr

Astral Ltd.

07 Nov 2020

1364.50

-0.46%

Astral Poly Technik (REDUCE): Reasonably good quarter; outlook improving

Sell: Astral Ltd.

Target

BOB Capital Markets Ltd.

Astral Poly Technik's (ASTRA) consolidated revenue grew 10% YoY in Q2FY21, aided by 31% growth in the adhesives segment whereas pipes grew 4% (volumes up 2%).

Astral Ltd. has lost -23.99% in the last 6 Months

Astral Ltd.

07 Aug 2020

1364.50

-0.46%

Astral Poly Technik Ltd - Result Update Q1FY21

Buy: Astral Ltd.

Target

Edelweiss

On a consolidated basis, Revenue/EBITDA/PAT for the quarter de-grew by 33.4%/41.7%/57.7% which above of our estimates.

Number of FII/FPI investors decreased from 638 to 622 in Mar 2025 qtr

Astral Ltd.

07 Aug 2020

1364.50

-0.46%

Astral Poly Tec

Buy: Astral Ltd.

East India Securities Ltd

Number of FII/FPI investors decreased from 638 to 622 in Mar 2025 qtr

Astral Ltd.

06 Aug 2020

1364.50

-0.46%

Result Update:Astral Poly Tech

Sell: Astral Ltd.

Axis Direct

Astral Polytechnik reported a relatively tepid Q1, with revenue down to Rs 404 cr (33% YoY decline) as the company sold 21784 MT pipes (?31% YoY against our expectations of almost 50% decline). We retain SELL rating on Astral Poly with target price of Rs 758/-.

Number of FII/FPI investors decreased from 638 to 622 in Mar 2025 qtr

Astral Ltd.

06 Aug 2020

1364.50

-0.46%

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

1364.50

-0.46%

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 1327.1

Astral Ltd.

05 Aug 2020

1364.50

-0.46%

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 1327.1

Is Astral Poly Technik Ltd. worth buying?

478 Votes:

Buy 77.2%

Sell 13.39%

Hold 9.41%

RESEARCH REPORTS

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