Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Building Products & Equipment

Astral Limited, together with its subsidiaries, engages in the manufacture and marketing of pipes, water tanks, and adhesives and sealants in India and internationally. The company operates in two segments, Plumbing; and Paints and Adhesives. It offers chlorinated poly vinyl chloride, unplasticized poly vinyl chloride, high-density polyethylene, polypropylene, cross-linked polyethylene piping solutions for hot- and cold-water distribution, drainage, sewerage and drainage, gas distribution, industrial processes, transporting chemicals and hot liquids, radiant floor heating, agriculture pipes and fitting, cable protection, industrial piping, fire protection, specialized fitting, column and conduit pipe, urban infrastructure, and other plumbing applications; and water tanks, such as roto and blow moulded, and underground and loft water tanks, as well as water tanks with anti-viral copper shield used for residential and commercial water storage, rainwater harvesting, firefighting, and other applications. The company also provides bath-ware products comprising faucets, sanitaryware, cisterns, and showers; paints, including interior and exterior emulsions, distempers, enamels, and primer and wall putty undercoats; epoxy, PVA, rubber, anaerobic, and industrial adhesives; epoxy putty, cyanoacrylate, and solvent cements; and silicone, acrylic, and hybrid sealants. In addition, its specialized valves include compact true union ball, single union ball, and industrial ball valves; construction chemicals, such as waterproofing solutions, and tile adhesives and grouts; and infrastructure products comprising drainage, cable protection, and PT duct systems. The company was formerly known as Astral Poly Technik Limited and changed its name to Astral Limited in April 2021. Astral Limited was incorporated in 1996 and is headquartered in Ahmedabad, India.

Revenue projections:

Revenue projections for ASTRAL
Revenue projections for ASTRAL

ASTRAL's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.

Financial Ratios:

currentRatio 1.762000
forwardPE 45.313305
debtToEquity 6.168000
earningsGrowth 0.189000
revenueGrowth 0.242000
grossMargins 0.398490
operatingMargins 0.147910
trailingEps 19.930000
forwardEps 33.692090

ASTRAL's current ratio of 1.762 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as ASTRAL can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
With earnings and revenue growth in positive territory, Astral Limited is projected to expand its business. This strong financial performance suggests the company will continue to grow, as increased profitability and sales drive future success.
ASTRAL's forward EPS is greater than its trailing EPS, indicating that the company is expected to deliver higher profitability this year. This suggests that ASTRAL is projected to improve its earnings, reflecting positive growth compared to last year's financial performance.

Price projections:

Price projections for ASTRAL
Price projections for ASTRAL

The price of ASTRAL has regularly been close to the lower end of projections, suggesting that it might be struggling to meet market expectations. This trend raises questions about the company's future performance.

Insider Transactions:

Insider Transactions for ASTRAL
Insider Transactions for ASTRAL


1 separate sales of ASTRAL shares were executed, with the market price hovering at 1430.5999755859375.ASTRAL had 3 buy transactions, with market price of 1371.3000081380208.ASTRAL has seen more sells than buys at current price levels, which could point to a potential price drop. If this selling trend persists, it may indicate that investors are expecting further declines in the stock's value.

Recommendation changes over time:

Recommendations trend for ASTRAL
Recommendations trend for ASTRAL


Analysts have shown a buy bias for ASTRAL, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to ASTRAL, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.