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Fundamentals for Astral Limited
Business Operations:
Sector: IndustrialsIndustry: 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:
Astral Limited's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.
Financial Ratios:
| currentRatio | 1.762000 |
|---|---|
| forwardPE | 44.127922 |
| debtToEquity | 6.168000 |
| earningsGrowth | 0.189000 |
| revenueGrowth | 0.242000 |
| grossMargins | 0.398490 |
| operatingMargins | 0.147910 |
| trailingEps | 19.920000 |
| forwardEps | 33.765470 |
Astral Limited's current ratio being 1.762 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
With positive growth in both earnings and revenue, ASTRAL is expected to grow its business. These indicators highlight a strong financial outlook, with the company on track for continued expansion and increasing profitability.
With a forward EPS greater than its trailing EPS, ASTRAL is forecasted to be more profitable this year than last. This growth expectation reflects confidence in the company's earnings potential and suggests an improving financial trajectory for the year ahead.
Price projections:
The stock price of ASTRAL has frequently been close to the lower end of analysts' projections. This trend indicates potential struggles for the company in achieving the growth anticipated by the market.
Insider Transactions:
1 sell transactions of ASTRAL were recorded, with market price hovering near 1430.5999755859375.ASTRAL had 3 buy transactions, with market price at 1371.3000081380208 per share.ASTRAL's current price levels are marked by more sells than buys, potentially signaling a price decline. If this trend continues, it may suggest that investors expect the stock to drop further in value.
Recommendation changes over time:
A recent buy bias from analysts toward Astral Limited indicates strong confidence in the stock's future performance. This could encourage investors to park their money in Astral Limited, viewing it as a stable and potentially rewarding investment opportunity with promising long-term growth prospects.
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