Astral share price
NSE: ASTRALBSE: 532830Industrial ProductsMid Cap
Share price at the NSE close on 29 Oct 2026. Previous close ₹1,360.60.
29 Oct: open ₹1,362.00, high ₹1,368.20, low ₹1,349.00
- Next results date: the board meets on 5 Nov 2026 to consider: financial results and dividend. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹36,681 Cr217th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 63.74
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 9.04
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.29%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 15.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 19.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.04
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 1,99,01050.8% delivered
About Astral
Astral Limited makes plastic pipes and fittings, water tanks, bathware, valves, adhesives and sealants, construction chemicals and paints for residential, commercial, industrial and infrastructure use.12 Its customers are distributors, infrastructure companies, the farm sector and tradespeople such as plumbers, masons, contractors and carpenters.3 Based in Ahmedabad, it makes its products in India, the United Kingdom and the United States.45
It reports 2 segments (plumbing; paints and adhesives) across 9 product categories, from pipes, water tanks and specialised valves to adhesives, paints and construction chemicals.67 Its brands include Astral Pipes, Bondtite, Astral Paints and Gem Paints, and its pipe lines include Silencio low-noise drainage and Fire-pro fire protection piping.895 It sells through more than 3,990 distributors and more than 2.7 lakh dealers in India, and in more than 40 countries.1 It had more than 9,500 employees, including contract staff, at the end of March 2026.10
Sandeep Engineer, its chairman and managing director, founded Astral in 1996, introducing CPVC piping (a heat-resistant plastic pipe) to India for the first time.11 It has grown through acquisitions including Seal It Services in the UK, Resinova Chemie, Sarita Water Tanks, Gem Paints and Al-Aziz Plastics.11 Seal It Services has units in the United States and Ireland, and Astral has a joint venture, Astral Pipes, in Kenya.12 The promoter and promoter group held 54.22% of its shares at the end of March 2026.13
Astral key points
Results
- In the year to Mar 2026, consolidated revenue from operations rose 12.62% to ₹65,686 million from ₹58,324 million, and EBITDA (earnings before interest, tax, depreciation and amortisation) rose 12.36% to ₹11,092 million.14
- Consolidated profit after tax for the year to Mar 2026 rose 3.04% to ₹5,347 million from ₹5,189 million; the share of Astral's shareholders, excluding minority owners, was ₹5,366 million.1516
- In the quarter to Jun 2026, consolidated sales grew 15.9% in value and the consolidated EBITDA margin was 15.5%, against 14.3% a year earlier.1718
- The group ended March 2026 with net cash (cash, net of borrowings) of ₹7,903 million. For the year it paid an interim dividend of ₹1.50 a share; the board's recommended final dividend of ₹2.50 needed shareholders' approval, and the documents give no outcome.1920
Business segments
- Plumbing revenue was ₹46,787 million in the year to Mar 2026, up 11.5% and 71% of group revenue, with EBITDA of ₹9,166 million, up 15.7%.2122
- Paints and adhesives revenue rose 15.5% to ₹18,899 million in the year to Mar 2026, 29% of group revenue, with EBITDA of ₹1,926 million, up 1.1%.2319
- Revenue by business, quarter to Jun 2026, against a year earlier24
Item quarter to Jun 2026 quarter to Jun 2025 Plumbing ₹1,050 crore ₹953 crore Adhesives, India ₹326 crore ₹261 crore Adhesives, UK ₹121 crore ₹96 crore Paints ₹74.5 crore ₹50 crore - In the quarter to Jun 2026, the EBITDA margin was 18.9% in plumbing against 16.4% a year earlier, 12.2% in adhesives in India against 14%, 4.9% in UK adhesives against 0.2%, and 0.1% in paints against 1%.25
Plants and capacity
- Installed capacity, tonnes a year, end of March 202626Total installed capacity was 5,97,089 tonnes a year.
Item year to Mar 2026 Pipes, water tanks and bathware 4,21,445 Adhesives and sealants, India 1,02,958 Adhesives and sealants, UK and US 36,686 Paints 36,000 - The company commissioned its Kanpur plant in the year to Mar 2026 and is building a plant at Khambhat.27
- On its earnings call of 12 Aug 2026, the company said its Kanpur plant was mostly sold out, and put utilisation at around 50% at its Hyderabad plant and 60% to 65% at its paint plants.2829
Expansion and capital spending
- The company stated in its annual report for the year to Mar 2026 that its 40,000-tonne captive CPVC resin plant is expected to improve volumes and margins on CPVC pipes and fittings from the year to Mar 2028.30
- On its earnings call of 12 Aug 2026, the company said it expects to finish building the CPVC resin plant by the end of December, with trial runs and stabilisation in the quarter to Mar 2027.31
- Astral's own (standalone) capital spending was ₹3,284 million in the year to Mar 2026; across all its businesses it spent ₹137 crore in the quarter to Jun 2026, ₹16 crore of it on the CPVC resin plant.3233
What the company expects
- On its earnings call of 12 Aug 2026, the company said it expects plumbing volumes to grow by at least double digits in the year to Mar 2027, at an EBITDA margin of 16% to 18%.34
- On its earnings call of 12 Aug 2026, the company said it expects 20% to 25% revenue growth in paints, which it expects to cross, and 15% to 20% in adhesives in the year to Mar 2027.3536
- On its earnings call of 12 Aug 2026, the company said it expects UK adhesives revenue growth above double digits in the year to Mar 2027, and bathware growth of 20% to 25% a year, compounded, over the next 4 to 5 years.3738
- On its earnings call of 12 Aug 2026, the company said it has no fixed timeline for a demerger of the chemicals business, and that the decision depends on market conditions and the business's needs.3940
Recent events
- On 29 Jul 2026, the board withdrew the scheme it approved on 25 Jun 2026 to demerge the chemicals business into Astral Chemie and merge Al-Aziz Plastics into Astral, after an independent consultant advised against it in its present form, given the chemicals business's scale.4142
- On 11 Jun 2026, subsidiary Astral Chemie agreed to buy 60% of Differentiated and Sustainable Solutions LLP (DSS), a Gujarat maker of specialty chemicals with capacity of 5,200 tonnes a year, for ₹39.11 crore.4344
- On 16 Mar 2026, the company agreed to buy up to 19% of Vena Energy Sustainable Power for up to ₹9.00 crore, to take 7 MW of solar and wind power for its Santej and Dholka plants as a part-owner.4546
- On 5 Nov 2025, the company completed buying 80% of Nexelon Chem, which is to make CPVC resin, the raw material of its CPVC pipes.4748
Last updated
All 48 sources, each with its page
- 1. Annual report, 31 Jul 2026, page 4
- 2. Annual report, 31 Jul 2026, page 5
- 3. Annual report, 31 Jul 2026, page 64
- 4. Annual report, 31 Jul 2026, page 1
- 5. Annual report, 31 Jul 2026, page 12
- 6. Annual report, 31 Jul 2026, page 218
- 7. Annual report, 31 Jul 2026, page 22
- 8. Annual report, 31 Jul 2026, page 11
- 9. Annual report, 31 Jul 2026, page 8
- 10. Annual report, 31 Jul 2026, page 23
- 11. Annual report, 31 Jul 2026, page 245
- 12. Annual report, 31 Jul 2026, page 27
- 13. Annual report, 31 Jul 2026, page 57
- 14. Annual report, 31 Jul 2026, page 27
- 15. Annual report, 31 Jul 2026, page 27
- 16. Annual report, 31 Jul 2026, page 26
- 17. Earnings call, 12 Aug 2026, page 6
- 18. Earnings call, 12 Aug 2026, page 5
- 19. Annual report, 31 Jul 2026, page 11
- 20. Annual report, 31 Jul 2026, page 27
- 21. Annual report, 31 Jul 2026, page 9
- 22. Annual report, 31 Jul 2026, page 10
- 23. Annual report, 31 Jul 2026, page 9
- 24. Earnings call, 12 Aug 2026, page 5
- 25. Earnings call, 12 Aug 2026, page 5
- 26. Annual report, 31 Jul 2026, page 6
- 27. Annual report, 31 Jul 2026, page 22
- 28. Earnings call, 12 Aug 2026, page 11
- 29. Earnings call, 12 Aug 2026, page 13
- 30. Annual report, 31 Jul 2026, page 8
- 31. Earnings call, 12 Aug 2026, page 3
- 32. Annual report, 31 Jul 2026, page 27
- 33. Earnings call, 12 Aug 2026, page 16
- 34. Earnings call, 12 Aug 2026, page 17
- 35. Earnings call, 12 Aug 2026, page 17
- 36. Earnings call, 12 Aug 2026, page 6
- 37. Earnings call, 12 Aug 2026, page 7
- 38. Earnings call, 12 Aug 2026, page 25
- 39. Earnings call, 12 Aug 2026, page 25
- 40. Earnings call, 12 Aug 2026, page 24
- 41. Exchange filing, 29 Jul 2026, page 1
- 42. Exchange filing, 25 Jun 2026, page 1
- 43. Exchange filing, 11 Jun 2026, page 4
- 44. Exchange filing, 11 Jun 2026, page 5
- 45. Exchange filing, 16 Mar 2026, page 2
- 46. Annual report, 31 Jul 2026, page 42
- 47. Exchange filing, 5 Nov 2025, page 1
- 48. Annual report, 31 Jul 2026, page 229
Results
Consolidated; ₹ crore.Astral quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +16.8%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +18.8%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,578 Crdown 24.44%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹120 Crdown 43.57%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 7.6%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,370 | 1,397 | 1,681 | 1,361 | 1,577 | 1,542 | 2,089 | 1,578 |
| Net profit | 109 | 113 | 178 | 79 | 135 | 108 | 213 | 120 |
| Net margin | 7.9% | 8.1% | 10.6% | 5.8% | 8.5% | 7.0% | 10.2% | 7.6% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹6,569 Crup 12.62%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹535 Crup 3.04%
- Net margin
- 8.1%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty. From the year to Mar 2022, the company's revenue for that year, ₹4,394 Cr, differs from its quarters added, ₹4,344 Cr.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,123what Revenue, Mar 2017, includes. This period's revenue includes excise duty of ₹235 crore, a tax on the goods the company makes that it collects and pays to the government. | 2,139 | 2,507 | 2,578 | 3,176 | 4,394 | 5,159 | 5,641 | 5,832 | 6,569 |
| Net profit | 145 | 176 | 197 | 250 | 408 | 490 | 473 | 546 | 519 | 535 |
| Net margin | 6.8% | 8.2% | 7.9% | 9.7% | 12.9% | 11.2% | 9.2% | 9.7% | 8.9% | 8.1% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- PlumbingPlumbing, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹4,679 Crup 11.50%71.2%
- Paints and AdhesivesPaints and Adhesives, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,890 Crup 15.51%28.8%
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2018 and Mar 2022: days before it are of the company before the change.Astral PE ratio and valuation
At or below today's level on 18% of 2,415 trading days over the last 10 years.
At or below today's level on 2% of 1,971 trading days since Nov 2018.
At or below today's level on 99% of 2,479 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +23.8% | +2.3% | +20.8% | 0.3% |
| 3 years | +6.4% | +5.5% | +0.6% | 0.2% |
| 5 years | +5.9% | +5.8% | −0.1% | 0.2% |
Mutual fund holdings
156 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 78 of the 96 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 156 funds holding Astral
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 7
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 11
- AddedAdded. Funds that held more shares than at the end of the month before.
- 55
- CutCut. Funds that held fewer shares than at the end of the month before.
- 41
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 41
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 3
| Fund | |||
|---|---|---|---|
| 53,00,000 | 0.84% | ₹726.3 Cr | |
| 25,15,000 | 1.53% | ₹344.7 Cr | |
| 20,00,000 | 0.55% | ₹274.1 Cr | |
| 20,00,000 | 0.68% | ₹274.1 Cr | |
| 15,33,621 | 0.75% | ₹210.2 Cr | |
| 13,44,612 | 1.52% | ₹184.3 Cr | |
| 10,29,350 | 0.19% | ₹141.1 Cr | |
| 9,49,512 | 2.32% | ₹130.1 Cr | |
| 8,98,957 | 1.88% | ₹123.2 Cr | |
| 8,30,000 | 0.95% | ₹113.7 Cr |
Promoter and insider buying and selling
Trades made since 30 Oct 2025.Astral insider trading
- Promoters and promoter group2 purchases, 0 sales₹4.88 CrNo saleNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.₹4.88 Cr
- Directors and key managers0 purchases, 2 salesNo purchase₹0.57 CrNet−₹0.57 Cr
- Others0 purchases, 3 salesNo purchase₹2.73 CrNet−₹2.73 Cr
Astral competitors and peers
Plastic Products - Industrial, 69 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Astral in market cap.Capital goods stocks
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 40,776 | 36.08 | 6.38 | +16.6% | +33.3% | 18.7% | 20.2% | 1.12% | |
| 16,303 | 38.26 | 5.61 | +14.7% | +36.2% | 15.7% | 17.1% | 0.17% | |
| 9,336 | 41.37 | 6.67 | +24.1% | +47.0% | 21.2% | 20.3% | 0.29% | |
| 8,814 | 14.32 | 1.42 | −2.2% | +54.8% | 10.0% | 8.8% | 1.94% | |
| 8,032 | 16.40 | 1.96 | +15.5% | +21.3% | 14.0% | 15.2% | 0.92% | |
| 2,867 | 28.08 | 1.74 | +5.1% | +338.6% | 6.3% | 7.5% | 0.39% | |
| 2,506 | – | 3.06 | −2.0% | – | – | −1.1% | 0.13% | |
| 1,729 | – | 0.30 | +8.8% | – | −0.9% | 4.7% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Astral dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 14 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹2.50 |
| 11 Nov 2025 | Interim | ₹1.50 |
| 14 Aug 2025 | Final | ₹2.25 |
| 14 Nov 2024 | Interim | ₹1.50 |
| 16 Aug 2024 | Final | ₹2.25 |
| 27 Oct 2023 | Interim | ₹1.50 |
Latest announcements
Routine notices left out.Astral announcements
Oct 2026
Sep 2026
24 Sep · Analysts
23 Sep · Analysts
Aug 2026
25 Aug · Meeting
24 Aug · Meeting
Astral share price by year
Each calendar year to 2025.Astral share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 1,388.50 | −16.0% | 1,651.45 | 1,238.05 |
| 2024 | 1,652.25 | −13.4% | 2,417.75 | 1,652.25 |
| 2023 | 1,907.55 | +29.5% | 2,025.65 | 1,301.30 |
| 2022 | 1,472.93 | −13.9% | 1,945.61 | 1,205.74 |
| 2021 | 1,711.35 | +70.6% | 1,787.06 | 907.28 |
| 2020 | 1,002.85 | +51.5% | 1,002.85 | 423.98 |
| 2019 | 662.01 | +30.5% | 694.91 | 463.57 |
| 2018 | 507.38 | +33.5% | 522.79 | 342.02 |
| 2017 | 380.09 | +113.9% | 380.30 | 170.80 |
| 2016 | 177.71 | −9.7% | 233.91 | 153.86 |
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 1,361.00 | 1,371.50 | 1,340.00 | 1,360.60 | 1,355.35 | 2,81,594 | 48.2% |
| 27 Oct 2026 | 1,351.00 | 1,376.00 | 1,337.40 | 1,376.00 | 1,355.55 | 5,44,479 | 55.0% |
| 26 Oct 2026 | 1,357.00 | 1,397.10 | 1,333.10 | 1,349.00 | 1,367.78 | 7,52,007 | 39.2% |
| 23 Oct 2026 | 1,380.00 | 1,397.10 | 1,347.30 | 1,357.00 | 1,366.39 | 3,18,950 | 53.1% |
| 22 Oct 2026 | 1,381.00 | 1,386.90 | 1,357.40 | 1,386.50 | 1,374.45 | 5,18,585 | 56.4% |
| 21 Oct 2026 | 1,425.00 | 1,438.20 | 1,381.90 | 1,395.80 | 1,402.39 | 3,17,688 | 45.4% |
| 19 Oct 2026 | 1,422.80 | 1,438.20 | 1,418.50 | 1,428.00 | 1,430.36 | 2,43,811 | 48.6% |
| 16 Oct 2026 | 1,440.30 | 1,448.30 | 1,426.00 | 1,427.40 | 1,432.55 | 2,88,583 | 60.7% |
| 15 Oct 2026 | 1,444.00 | 1,469.40 | 1,438.20 | 1,443.30 | 1,454.11 | 3,64,134 | 44.7% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 14 Mar 2023 | Bonus | 0.7500 | Holders received 1 bonus share for every 3 held. |
| 18 Mar 2021 | Bonus | 0.7500 | Holders received 1 bonus share for every 3 held. |
| 16 Sep 2019 | Bonus | 0.8000 | Holders received 1 bonus share for every 4 held. |
| 25 Sep 2014 | Split | 0.5000 | Each share became 2. |
| 5 Sep 2013 | Split | 0.4000 | Every 2 shares became 5. |
| 15 Sep 2010 | Split | 0.5000 | Each share became 2. |
Company details
- Chairperson and managing director
- SANDEEP PRAVINCHANDRA ENGINEER
- At the end of the quarter to Sep 2026
- NSE symbol
- ASTRAL
- BSE code
- 532830
- ISIN
- INE006I01046
- Industry
- Industrial Products
- Website
- www.astralltd.com
- CIN
- L25200GJ1996PLC029134
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1996
- Registered office
- Astral House, 207/1, B/h Rajpath Club, Off. S. G. Highway, Ahmedabad 380059, Gujarat
- Share registrar
- Bigshare Services Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments