|
24 May 2025 |
Astral
|
Consensus Share Price Target
|
1456.70 |
1695.21 |
- |
16.37 |
buy
|
|
|
|
|
10 Aug 2021
|
Astral
|
Axis Direct
|
1456.70
|
2250.00
|
2065.65
(-29.48%)
|
Target met |
Hold
|
|
|
We expect revenue and PAT CAGR of 19% and 17.5% over FY21-24E and recommend HOLD' with TP of Rs 2,250.
|
|
21 May 2021
|
Astral
|
Axis Direct
|
1456.70
|
2250.00
|
1753.00
(-16.90%)
|
Target met |
Buy
|
|
|
We recommend BUY with a target price of Rs 2,250/share (upside of 17%) valuing the stock at 65x FY22E.
|
|
20 May 2021
|
Astral
|
ICICI Securities Limited
|
1456.70
|
1915.00
|
1771.90
(-17.79%)
|
Target met |
Hold
|
|
|
Astral Ltd has reported an all-round performance in Q4FY21 with revenue and PAT coming in much ahead of our expectation. Consolidated revenue growth at 79% YoY to | 1128 crore was ahead of our expectation of 36% growth. This was mainly driven by strong performance of both piping and adhesive businesses. Standalone piping revenue increased 80% YoY to ~| 910 crore supported by ~26% YoY growth in volume. Strong demand from housing and construction segment helped drive volumes in Q4FY21. On the adhesive front, segment revenue growth at 78% YoY to | 241 crore...
|
|
20 May 2021
|
Astral
|
Edelweiss
|
1456.70
|
1957.00
|
1771.90
(-17.79%)
|
Target met |
Buy
|
|
|
Growth trajectory to get steeper on strong demand
|
|
20 May 2021
|
Astral
|
IDBI Capital
|
1456.70
|
1867.00
|
1850.35
(-21.27%)
|
Target met |
Hold
|
|
|
Astral's Q4FY21 result was a beat to our and consensus estimates on key parameters. Strong demand in both pipes and adhesive segment led to healthy net sales growth, while cost cutting measures supported margins improvement. Net sales improved by 79.3% YoY to Rs11.2bn, while EBITDA was up by 126% YoY to Rs2.5bn. The company reported net profit of Rs1.7bn, growth of 241.3% YoY. Though there is marginal weakness in demand in April, 21 due to Covid-19 led state wise lockdown, the management remained confident to grow as things normalize. We believe the company is well placed to benefit from capacity expansion plan to cater to incremental demand,...
|
|
25 Feb 2021
|
Astral
|
Edelweiss
|
1456.70
|
|
2116.75
(-31.18%)
|
Pre-Bonus/
Split |
Buy
|
|
|
Plastic Pipe Sector Review Q3FY21
|
|
04 Feb 2021
|
Astral
|
Axis Direct
|
1456.70
|
2277.00
|
2062.10
(-29.36%)
|
Target met |
Buy
|
|
|
We upgrade the stock to BUY (from HOLD earlier) with a target price of Rs 2277/- (upside of 17%) valuing the stock at 65x FY22E.
|
|
04 Feb 2021
|
Astral
|
Edelweiss
|
1456.70
|
2090.00
|
2062.10
(-29.36%)
|
Target met |
Buy
|
|
|
Astral Poly Technik's (ASTRAL) Q3FY21 consolidated revenue/EBITDA/PAT grew 35.1%/62.4%/83.4% YoY to INR898cr/INR192cr/INR125cr.
|
|
26 Nov 2020
|
Astral
|
Edelweiss
|
1456.70
|
|
1496.60
(-2.67%)
|
Pre-Bonus/
Split |
Buy
|
|
|
Astral Poly Technik Ltd. has announced its foray in to the business of manufacturing /trading of plastic water storage tanks and adding new capacity
|
|
09 Nov 2020
|
Astral
|
ICICI Securities Limited
|
1456.70
|
1260.00
|
1200.45
(21.35%)
|
Target met |
Hold
|
|
|
Adhesive segment demand recovery was impressive post easing of restrictions with ~30% sales growth in Q2FY21. Low base, completion of its distribution realignment strategy yielded a better-than-expected performance. On the piping front, strong demand recovery was seen from September 2020 onwards, which continued in October as segment sales growth for September, October was as high as 30%, 85% YoY, respectively....
|