MarketFriction

Astral Ltd

NSE ASTRAL · BSE 532830 · Plastic Products - Industrial
₹1,344.00 -1.93%
NSE close2026-10-01
52 week range1,311.60 - 1,768.70
Market cap₹36,939 Cr.
P/E62.4
Nifty 200Nifty 500Nifty Midcap 100Midcap 150 No price band Delivery 49.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,3631,3701,6251,3841,3701,3971,6811,3611,5771,5422,0881,578
Expenses1,1431,1651,3341,1691,1601,1781,3801,1761,3211,3041,7061,347
Operating Profit220205291214210219302185257237383231
OPM %16%15%18%16%15%16%18%14%16%15%18%15%
Other Income13610129129911-71113
Interest8888101410121613246
Depreciation495052566063657272737475
Profit before tax177154241163149154236110180144297163
Tax %26%26%25%27%27%27%25%28%25%25%28%26%
Net Profit13211318112010911317879135108213120
EPS in Rs4.884.236.764.484.094.256.673.025.024.017.934.47
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,6781,8952,0732,5072,5783,1764,3945,1585,6415,8326,5696,785
Expenses1,4701,6331,7592,1262,1362,5393,6404,3494,7174,8865,5075,677
Operating Profit2082613143824426387548109259461,0621,108
OPM %12%14%15%15%17%20%17%16%16%16%16%16%
Other Income-4813151125353736412528
Interest301822323913134029416458
Depreciation42505781108116127178198243292295
Profit before tax132201248283306533648628734702731784
Tax %22%28%29%30%18%23%24%25%26%26%27%
Net Profit102145176197250408490472546519535576
EPS in Rs3.795.446.587.369.2515.1018.0617.0020.3319.5019.9721.43
Dividend Payout %5%5%4%4%6%10%12%21%18%19%13%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth15%16%8%17%
Compounded Profit Growth18%6%6%22%
Stock Price CAGR21%-4%-10%1%
Return on Equity18%17%15%14%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital121212121215202027272727
Reserves6076968351,0061,2661,4881,8762,3162,6843,1613,5904,031
Borrowings203197229189275191809887119233250
Other Liabilities3443973864685465956979521,5641,1881,1981,481
Total Liabilities1,1651,3011,4621,6752,0992,2892,6733,3874,3624,4965,0485,789
Fixed Assets5576457418421,1051,2551,3141,4961,9502,2992,7122,939
CWIP2715257381445712312615111694
Investments000000000000
Other Assets5826416957599139901,3021,7682,2862,0462,2202,755
Total Assets1,1651,3011,4621,6752,0992,2892,6733,3874,3624,4965,0485,789
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1172261142823424056645435578236301,117
Cash from Investing Activity-343-203-158-185-291-318-45472-478-541-513-506
Cash from Financing Activity2371612-71-5-163-153-44-191-202-118-328
Net Cash Flow1138-322546-7557571-11280-1282
Free Cash Flow3291-459812219249319824727390661
CFO/OP85%123%60%110%110%110%122%94%89%108%85%123%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days604965544932322225242726
Inventory Days9284769488124889196100109107
Days Payable93968092861099693889592110
Cash Conversion Cycle603861565147232033294423
Working Capital Days643039372742121317162511
ROCE %21%18%22%23%23%21%29%29%24%23%20%19%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters55.85%54.10%54.10%54.10%54.10%54.10%54.10%54.10%54.21%54.22%54.22%54.22%
FIIs18.50%19.79%21.22%22.48%22.32%21.07%20.17%20.15%16.61%15.21%14.50%13.89%
DIIs13.21%13.66%12.85%12.45%12.48%13.76%14.60%14.71%17.49%19.19%20.92%20.93%
Government0.00%0.00%0.00%0.00%0.00%0.15%0.15%0.20%0.30%0.34%0.37%0.37%
Public12.44%12.44%11.81%10.96%11.11%10.90%10.97%10.85%11.38%11.03%9.99%10.59%
No. of Shareholders2,95,4562,93,6022,85,6882,62,0502,93,9112,97,5273,09,7142,98,4562,97,5822,79,7262,58,4412,64,925

Fundamentals

Market Cap₹ 36,939 Cr.
Current Price₹ 1,375
Stock P/E62.4
Book Value₹ 151
ROCE19.2 %
ROE13.8 %
Dividend Yield0.29 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)17%
Compounded Profit Growth (TTM)22%
Consolidated figures.
Valuation
Market capRs 36,101 Cr
Enterprise valueRs 35,408 Cr
P/E (TTM)62.71x
Price to book8.90x
Price to sales5.32x
EV / EBITDA31.15x
EV / EBIT42.08x
EV / sales5.22x
Price to cash flow32.32x
Earnings yield1.59%
Dividend yield0.19%
P/E, 3-year average81.45x
P/B, 3-year average12.32x
P/E, 5-year average77.20x
P/B, 5-year average12.65x
Profitability
Operating margin (excl. other income)16.17%
Operating margin (incl. other income)16.54%
EBITDA margin16.75%
Pre-tax margin11.55%
Net profit margin8.48%
Net margin, latest quarter7.62%
ROE13.98%
ROCE19.49%
ROA9.90%
ROE, 3-year average15.96%
ROCE, 3-year average21.75%
ROA, 3-year average11.07%
ROE, 5-year average17.77%
ROCE, 5-year average24.16%
ROA, 5-year average12.19%
ROIC (approx.)18.30%
Tax rate26.81%
Other income / net worth0.61%
Growth
Sales growth (latest year)12.62%
Profit growth (latest year)2.44%
Sales CAGR, 3 years8.39%
Sales CAGR, 5 years15.64%
Profit CAGR, 3 years5.53%
Profit CAGR, 5 years5.82%
Sales growth QoQ-24.44%
Profit growth QoQ-43.57%
Sales growth YoY (latest quarter)15.93%
Profit growth YoY (latest quarter)48.21%
Per share
EPS (TTM)Rs 21.43
EPS (latest year)Rs 19.98
EPS (latest quarter)Rs 4.47
EPS, 3-year averageRs 19.94
EPS, 5-year averageRs 20.18
Book value per shareRs 151.07
Sales per shareRs 252.61
Cash flow per shareRs 41.58
Free cash flow per shareRs 24.61
Dividend per share (latest year)Rs 2.50
Dividend per share, 3-year averageRs 3.34
Dividend per share, 5-year averageRs 3.30
Dividends
Dividend payout12.53%
Dividend payout, 3-year average16.75%
Dividend payout, 5-year average16.67%
Efficiency
Asset turnover1.13x
Fixed asset turnover2.23x
Inventory turnover3.99x
Inventory days92 days
Debtor days26 days
Debtors turnover13.83x
Creditor days110 days
Cash conversion cycle23 days
Working capital days11 days
Leverage
Total debtRs 250 Cr
Cash and bankRs 943 Cr
Net debtRs -693 Cr
Debt to equity0.06x
Net debt / EBITDA-0.61x
Interest coverage14.53x
Current ratio (filing 2026-03-31)1.76x
Quick ratio (filing 2026-03-31)1.02x
Trade payables (filing 2026-03-31)Rs 1,155 Cr
Owners' fund to total sources70.10%
Debt to assets4.32%
Cash flow
Cash from Operating Activity (latest year)Rs 1,117 Cr
Cash from Investing Activity (latest year)Rs -506 Cr
Cash from Financing Activity (latest year)Rs -328 Cr
Net Cash Flow (latest year)Rs 282 Cr
Free cash flow (latest year)Rs 661 Cr
FCFE (approx.: FCF + change in debt)Rs 678 Cr
Cash from ops / profit, 5 years1.43x
Sales to cash flow5.88x
Statement figures
Net sales (TTM)Rs 6,785 Cr
Net sales (latest year)Rs 6,569 Cr
Sales (latest quarter)Rs 1,578 Cr
Operating profit excl. other income (latest year)Rs 1,062 Cr
Operating profit (latest quarter)Rs 231 Cr
Other income (TTM)Rs 28 Cr
EBITDA (TTM)Rs 1,137 Cr
PBDT (TTM)Rs 1,079 Cr
Profit before tax (TTM)Rs 784 Cr
Tax (latest year)Rs 196 Cr
Net profit (TTM)Rs 576 Cr
Net profit (latest year)Rs 537 Cr
Net profit (latest quarter)Rs 120 Cr
Depreciation (TTM)Rs 295 Cr
Depreciation (latest quarter)Rs 75 Cr
Interest (TTM)Rs 58 Cr
Cost of goods sold (latest year)Rs 4,454 Cr
Total expenditure (latest year)Rs 5,507 Cr
Total income (latest year)Rs 6,593 Cr
Share capitalRs 27 Cr
ReservesRs 4,031 Cr
Shareholders' fundsRs 4,058 Cr
Total assetsRs 5,789 Cr
Net blockRs 2,939 Cr
Capital work in progressRs 94 Cr
ReceivablesRs 475 Cr
InventoryRs 1,117 Cr
Other liabilitiesRs 1,481 Cr
Shares outstanding (crore)26.86
Ownership
Promoter holding54.22% (+0.12 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 62.7 is at the 5th percentile of its own 9.4-year range (median 81.3, low 52.2, high 152.4).
P/B 8.90 is at the 1th percentile (median 13.57).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodASTRALNifty 50Difference
1 week-3.4%-2.8% -0.7 pts
1 month-10.8%-6.8% -4.0 pts
3 months-3.0%-7.6% +4.7 pts
6 months-15.9%+0.4% -16.4 pts
1 year-4.4%-9.9% +5.5 pts
2 years-31.9%-13.6% -18.3 pts
3 years-29.7%+14.2% -43.9 pts
5 years-18.5%+27.9% -46.4 pts
135 mutual fund schemes hold about ₹4,484 Cr. Over three months 106 bought more and 23 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
SBI Aggressive Hybrid Fund0.91%807 +13%
UTI Flexi Cap Fund1.58%383 +11%
Nippon India Growth Mid Cap Fund0.58%304 +43%
SBI Large & Midcap Fund0.72%304 +100%
Aditya Birla SL Flexi Cap Fund0.80%233 +17%
Franklin India Mid Cap Fund1.39%182 +64%
Aditya Birla SL Large & Mid Cap Fund2.15%129 +26%
UTI Mid Cap Fund0.99%126 -19%
PGIM India Midcap Fund1.11%124 +15%
SBI ELSS Tax Saver Fund0.38%122 +100%
Axis Midcap Fund0.35%122 +12%
Aditya Birla SL Midcap Fund1.75%122 +26%
Aditya Birla SL Value Fund1.71%119 +12%
Aditya Birla SL Midcap Fund1.75%117 +26%
UTI Large Cap Fund0.83%102 +15%
Mahindra Manulife Mid Cap Fund1.71%92 +10%
Mahindra Manulife Multi Cap Fund1.02%78 +50%
Aditya Birla SL Consumption Fund1.06%65 +33%
ICICI Pru Mid Cap Fund0.77%64 +10%
ICICI Pru Multi Cap Fund0.33%64 +9%
ICICI Pru Multi Cap Fund0.33%62 +9%
Nippon India Power & Infra Fund0.77%62 +16%
ICICI Pru Mid Cap Fund0.77%61 +10%
Edelweiss Mid Cap Fund0.30%59 +5%
ICICI Pru Large & Mid Cap Fund0.17%55 +100%

Red flags

F-score 5 of 8
lookRegulator order or action Regulator order or action 2026-03-02: Astral Limited has informed the Exchange about Intimation Under Regulation 30 - Receipt of GST Order
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2025-12-30SAUMYA POLYMERS LLPPromoter Groupbuy18,000Rs 2.44 CrMarket Purchase
2025-12-30KAIRAV CHEMICALS LIMITEDPromoter Groupbuy18,000Rs 2.44 CrMarket Purchase
2025-12-15Sanjana Sujal ShroffImmediate relativesell2,000Rs 0.29 CrMarket Sale
2025-12-15Aditya Sujal ShroffImmediate relativesell2,000Rs 0.29 CrMarket Sale
2025-09-24SAUMYA POLYMERS LLPPromoter Groupbuy50,000Rs 7.15 CrMarket Purchase
2025-09-24KAIRAV CHEMICALS LIMITEDPromoter Groupbuy50,000Rs 7.16 CrMarket Purchase
2025-08-18KAIRAV CHEMICALS LIMITEDPromoter Groupbuy100,000Rs 13.15 CrMarket Purchase
2025-08-18SAUMYA POLYMERS LLPPromoter Groupbuy100,000Rs 13.16 CrMarket Purchase
2024-06-26Chirag Mansukhlal PandyaEmployees/Designated Employesell1,500Rs 0.37 CrMarket Sale
2024-06-26TARAK GAURANGBHAI ACHARYAEmployees/Designated Employesell1,000Rs 0.25 CrMarket Sale
2024-06-26Hiranand Savlani HUFOthersell25,000Rs 6.07 CrMarket Sale
2024-06-26Pritesh Nareshbhai ShahEmployees/Designated Employesell1,100Rs 0.27 CrMarket Sale
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹1,578 Cr +15.9% vs Jun 2025. Net profit ₹120 Cr +51.9%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-14Dividend - Rs 2.50 Per Share
2025-11-11Interim Dividend - Rs 1.50 Per Share
2025-08-14Dividend - Rs 2.25 Per Share
2024-11-14Interim Dividend - Rs 1.50 Per Share
2024-08-16Dividend - Rs 2.25 Per Share
2023-10-27Interim Dividend - Rs 1.50 Per Share
2023-08-04Dividend - Rs 2.25 Per Share
2023-03-14Bonus 1:30.7500
2022-11-18Interim Dividend - Rs 1.25 Per Share
2022-08-19Dividend - Rs 1.75 Per Share
2021-11-17 Interim Dividend - Rs 1.25 Per Share
2021-08-23 Annual General Meeting/Dividend - Re 1 Per Share
2021-03-18 Bonus 1:30.7500
2020-11-12 Interim Dividend - Re 1 Per Share
2020-08-13 Annual General Meeting
2020-02-17 Interim Dividend - Re 0.60 Per Share
2019-10-31 Interim Dividend - Rs 0.40 Per Sh
2019-09-16 Bonus 1:40.8000
2019-07-25 Annual General Meeting/Dividend - Rs 0.40 Per Sh
2018-11-20 Interim Dividend- Re 0.30 Per Share
2018-08-14 Annual General Meeting/Dividend Re 0.35 Per Share
2017-11-20 Interim Dividend - Re 0.25 Per Share (Purpose Revised)
2017-07-31 Annual General Meeting/Dividend - Re 0.30 Per Share
2016-11-24 Interim Dividend Re 0.20 Per Share (Purpose Revised)
2016-08-31 Annual General Meeting
2016-03-17 Interim Dividend - Re 0.25/- Per Share (Purpose Revised)
2015-11-09 Interim Dividend - Re 0.15/- Per Share (Purpose Revised)
2015-08-03Annual General Meeting/Dividend - Re 0.225/- Per Share
2014-11-05Interim Dividend Re.0.15 Per Share
2014-09-25Face Value Split From Rs 2/- Per Share To Re 1/- Per Share0.5000
2014-08-13Annual General Meeting / Final Dividend - Re 0.40/- Per Share
2013-11-13Interim Dividend - Re 0.25/- Per Share
2013-09-05Face Value Split From Rs.5/- To Rs.2/-0.4000
2013-07-23Annual General Meeting/Dividend Re 0.75 Per Share
2012-11-22Interim Dividend Re.0.50 Per Share
2012-07-30Annual General Meeting/Dividend Re 0.625 Per Share
2011-11-17Interim Dividend Re.0.50 Per Share
2011-07-21Annual General Meeting And Dividend Re.0.625 Per Share
2010-11-03Interim Dividend-Re.0.50 Per Share
2010-09-15Face Value Split From Rs.10/- To Rs.5/-0.5000
2010-07-28Annual General Meeting/Dividend Re 1 Per Share - Bc End Date Revised
2009-10-22Int Div-Re.1/- Per Share
2009-07-16Agm/Div-Re.1/- Per Share
2008-06-09Agm/Div-Re.1 Per Share
2007-06-28Agm
DateTypeWhat it says
2026-09-24Concall / analyst meetIntimation of Analyst Meet Dated 29th September, 2026
2026-09-23Concall / analyst meetIntimation of Analyst Meet Dated on 28th September 2026
2026-08-25Shareholder meetingRevised Voting Result
2026-08-24Shareholder meetingVoting results of Annual General Meeting held on August 24, 2026
2026-08-24Shareholder meetingAstral Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 24, 2026
2026-08-24Shareholder meetingProceedings of Annual General Meeting held on August 24, 2026
2026-08-18Concall / analyst meetTranscript of Earning Call held on 12th August, 2026
2026-08-12Concall / analyst meetLink of Recording
2026-08-12Press ReleaseA press release dated August 12, 2026, titled "Press Release ".
2026-08-12Board meeting outcomeAstral Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-05Concall / analyst meetEarnings Call on 12th August, 2026
2026-07-31Record DateRecord date for the purpose of Dividend is 14-Aug-2026.
2026-07-31General UpdatesShareholders Communication on TDS
2026-07-31UpdatesBusiness Responsibility and Sustainability Reporting FY 2025-26.
2026-07-31Shareholder meetingNotice of Annual General Meeting to be held on August 24, 2026
2026-07-29Scheme of ArrangementUpdate on the Composite Scheme of Arrangement
2026-07-29Board meeting outcomeOutcome of Board Meeting held on July 29, 2026 - Update on Composite Scheme of Arrangement
2026-07-05Scheme of ArrangementUpdate on Composite Scheme of Arrangement
2026-07-05Board meeting outcomeOutcome of Board Meeting held on July 05, 2026 - Update on Composite scheme of Arrangement
2026-07-01Concall / analyst meetTranscript of Concall with Analyst/Institutional Investor held on 27th June, 2026
2026-06-27Concall / analyst meetLink of Recording
2026-06-27Concall / analyst meetSchedule of meet
2026-06-25Scheme of ArrangementScheme of Arrangement
2026-06-25Board meeting outcomeOutcome of Board Meeting held on Jun 25, 2026
2026-06-11AcquisitionReg 30 of SEBI LODR Regulation - Acquisition
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest1.43
Max pain (expiry 2026-10-27)1,400
Largest call open interest at1,400
Largest put open interest at1,200
Implied volatility, at the money25.9%
Underlying at snapshot1,344.00
Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.
Trade dateShares sold short
2026-09-30159
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Scrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Astral Ltd?

Astral Ltd (ASTRAL) has a market capitalisation of Rs 36,939 Cr. at the 2026-10-01 close.

What is the P/E ratio of Astral Ltd?

Astral Ltd trades at a P/E of 62.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were Astral Ltd's latest quarterly results?

In the Jun 2026 quarter, Astral Ltd sales was Rs 1,578 Cr (+15.9% vs Jun 2025) and net profit was Rs 120 Cr.

What is the 52-week high and low of Astral Ltd?

The 52-week high is Rs 1,768.70 and the 52-week low is Rs 1,311.60.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03