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 Limited's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.

Financial Ratios:

currentRatio 1.87900
forwardPE 50.90310
debtToEquity 6.31500
earningsGrowth -0.01300
revenueGrowth 0.03500
grossMargins 0.39661
operatingMargins 0.14101
trailingEps 19.47000
forwardEps 29.93000

ASTRAL's current ratio being 1.879 shows it has more than enough assets to cover its short-term debts. The company's liquidity position is strong, with ample cash reserves available to meet its immediate financial obligations without strain.
ASTRAL's forward PE is elevated, which could constrain price appreciation and lead to a correction. Investors should consider this parameter in conjunction with other fundamentals to fully assess whether the stock is priced fairly.
ASTRAL's low earnings and revenue growth suggest that the company may face shrinking profits. This could indicate underlying financial challenges, making it difficult for ASTRAL to sustain its current profitability.
ASTRAL's negative gross and operating margins point to financial difficulties, as the company is unable to generate profit from its core operations or production. This could signal broader problems in cost management or declining sales.
Astral Limited's forward EPS exceeds its trailing EPS, indicating that the company is projected to be more profitable in the current financial year compared to the previous one. This suggests positive growth and improved earnings, signaling an optimistic outlook for Astral Limited's financial performance.

Price projections:

Price projections for ASTRAL
Price projections for ASTRAL

Price projections for ASTRAL have been steadily revised downward over time, indicating growing concerns about the company's future performance. This downward trend reflects reduced optimism among analysts regarding ASTRAL's ability to meet previous expectations.

Insider Transactions:

Insider Transactions for ASTRAL
Insider Transactions for ASTRAL


ASTRAL experienced 5 selling transactions, with market price of 2258.4.There were no sell transactions during the period under consideration.More recent purchases than sales at current price levels for ASTRAL could signal growing investor confidence. This buying trend might suggest that market sentiment is leaning toward a positive outlook for the stock, possibly indicating expectations of favorable performance in the near future.

Recommendation changes over time:

Recommendations trend for ASTRAL
Recommendations trend for ASTRAL


Analysts' buy bias toward ASTRAL suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, ASTRAL is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.