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 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 0.00000
forwardPE 54.66622
debtToEquity 5.73800
earningsGrowth 0.00700
revenueGrowth 0.02000
grossMargins 0.39302
operatingMargins 0.11195
trailingEps 19.57000
forwardEps 29.93000

With a forward PE that's too high, ASTRAL may face limited future price growth and an increased risk of correction. It's important for investors to evaluate this alongside other fundamental parameters to get a fuller picture of the stock's valuation.
ASTRAL's negative gross and operating margins suggest the company is not generating profit from either its production process or day-to-day operations. This could signal cost overruns or difficulties in maintaining revenue levels.
ASTRAL's forward EPS exceeding its trailing EPS reflects expectations of increased profitability for the current year. This suggests that the company is projected to achieve higher earnings than in the previous financial year, signaling positive growth and improved financial health.

Price projections:

Price projections for ASTRAL
Price projections for ASTRAL

Over time, ASTRAL's price projections have been gradually lowered, signaling declining confidence in the company's future outlook. The downward revisions suggest analysts are becoming more cautious about ASTRAL's potential for growth.

Insider Transactions:

Insider Transactions for ASTRAL
Insider Transactions for ASTRAL


7 ASTRAL shares were sold in recent transactions, with market price at 2189.2357177734375.The period under consideration saw no sell transactions.Investors have been purchasing ASTRAL more than selling it at current price levels, which may reflect optimism. This pattern suggests that the market expects favorable outcomes for the stock, leading to increased buying interest.

Recommendation changes over time:

Recommendations trend for ASTRAL
Recommendations trend for ASTRAL


Analysts are favoring ASTRAL with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider ASTRAL as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.