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 is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.

Financial Ratios:

currentRatio 1.879000
forwardPE 48.981705
debtToEquity 6.315000
earningsGrowth -0.013000
revenueGrowth 0.035000
grossMargins 0.391500
operatingMargins 0.141010
trailingEps 19.550000
forwardEps 29.930000

ASTRAL's current ratio, being 1.879, demonstrates that the company has the liquidity necessary to service its short-term debt. With strong cash reserves and current assets, ASTRAL is well-equipped to meet its immediate financial obligations without any difficulties.
ASTRAL's low growth in both earnings and revenue indicates a likely decrease in profits. This suggests the company may be facing financial challenges, and investors should be cautious about its future performance.
Astral Limited's negative gross and operating margins suggest that the company is struggling to cover its production and operating costs, leading to losses. This reflects a weakened financial state and potential difficulties in sustaining profitability.
ASTRAL's forward EPS exceeding its trailing EPS implies that the company is projected to be more profitable this year. This suggests an improvement in financial performance, with analysts expecting ASTRAL to generate stronger earnings compared to the previous financial year.

Price projections:

Price projections for ASTRAL
Price projections for ASTRAL

ASTRAL's price projections have been steadily revised down, pointing to declining confidence in the company's outlook. This suggests that analysts are becoming more conservative in their expectations for ASTRAL's future performance.

Insider Transactions:

Insider Transactions for ASTRAL
Insider Transactions for ASTRAL


5 ASTRAL transactions were recorded, when the market price was 2258.4.No sell transactions were completed during the period under review.The trend of more buys than sells at ASTRAL's current price levels suggests a possible bullish sentiment. This could indicate that investors are expecting a favorable outlook for the stock, prompting more buying activity.

Recommendation changes over time:

Recommendations trend for ASTRAL
Recommendations trend for ASTRAL


A recent buy bias from analysts toward ASTRAL may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that ASTRAL might be an appealing option for those looking to grow their wealth through stock market investments.