Astral Ltd

Astral Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Astral Ltd

₹ 1,885 1.00%
05 Jun 4:01 p.m.
astralpipes.com BSE: 532830 NSE : ASTRAL
About

Astral Poly Technik Ltd was established in 1996, with the aim to manufacture pro-India plumbing and drainage systems in the country. It has also forayed into adhesive business over years. [1]

Key Points

Piping Division (77% of revenues) [1]
This is the main business of the company, it manufactures pipes and fittings for plumbing, sewerage, agriculture, industries, fire sprinklers. It also manufactures pipes for conduit & cable protection, ancillary products, urban infra and ducting. [2] It also started manufacturing of water tanks from early 2021.[3]

Website BSE NSE
  • Market Cap ₹ 50,632 Cr.
  • Current Price ₹ 1,885
  • High / Low ₹ 1,991 / 1,186
  • Stock P/E 112
  • Book Value ₹ 99.8
  • Dividend Yield 0.12 %
  • ROCE 27.0 %
  • ROE 19.2 %
  • Face Value ₹ 1.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 30.2% CAGR over last 5 years
  • Company's median sales growth is 17.6% of last 10 years

Cons

  • Stock is trading at 18.7 times its book value

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Plastic products Industry: Plastics Products

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
506 316 567 693 910 518 910 1,029 1,109 900 1,042 1,141 1,361
409 270 452 535 696 414 735 839 923 767 911 966 1,065
Operating Profit 97 47 115 158 214 103 175 190 186 132 131 176 296
OPM % 19% 15% 20% 23% 23% 20% 19% 18% 17% 15% 13% 15% 22%
-2 3 0 6 -1 4 6 6 12 6 4 3 5
Interest 17 4 1 2 1 4 0 1 4 12 12 8 2
Depreciation 24 24 24 24 24 25 26 29 27 30 34 35 36
Profit before tax 53 22 91 139 187 78 155 166 167 97 88 136 264
Tax % 26% 25% 27% 25% 25% 26% 25% 24% 28% 25% 26% 26% 26%
Net Profit 39 16 66 104 140 58 116 126 121 73 65 101 197
EPS in Rs 1.47 0.62 2.47 3.88 5.24 2.15 4.33 4.71 4.51 2.72 2.43 3.78 7.32
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
561 798 1,050 1,235 1,318 1,477 1,582 1,916 2,043 2,486 3,443 4,612
479 687 899 1,085 1,152 1,270 1,345 1,612 1,672 1,952 2,808 3,860
Operating Profit 82 112 151 151 166 207 237 304 370 535 635 751
OPM % 15% 14% 14% 12% 13% 14% 15% 16% 18% 22% 18% 16%
4 2 2 2 1 8 8 9 8 8 25 21
Interest 22 18 30 23 28 14 17 28 34 8 9 33
Depreciation 13 18 21 33 35 42 47 67 90 96 105 137
Profit before tax 50 78 101 97 104 159 181 218 254 439 547 601
Tax % 21% 24% 24% 29% 30% 33% 34% 35% 21% 26% 26% 25%
Net Profit 40 60 77 69 73 107 119 141 201 327 405 448
EPS in Rs 0.80 1.19 1.24 2.62 2.74 4.01 4.47 5.31 7.50 12.20 15.11 16.67
Dividend Payout % 6% 5% 5% 6% 7% 6% 6% 6% 8% 12% 15% 14%
Compounded Sales Growth
10 Years: 19%
5 Years: 24%
3 Years: 31%
TTM: 34%
Compounded Profit Growth
10 Years: 23%
5 Years: 30%
3 Years: 31%
TTM: 12%
Stock Price CAGR
10 Years: 44%
5 Years: 32%
3 Years: 54%
1 Year: 43%
Return on Equity
10 Years: 18%
5 Years: 19%
3 Years: 21%
Last Year: 19%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
11 11 11 12 12 12 12 12 15 20 20 27
Reserves 174 231 304 601 720 824 937 1,142 1,317 1,625 1,986 2,652
89 89 136 161 170 172 116 196 122 29 34 7
201 207 232 278 322 308 367 435 488 548 717 902
Total Liabilities 475 539 684 1,052 1,224 1,317 1,431 1,785 1,942 2,222 2,758 3,588
155 206 278 285 361 409 449 686 822 875 1,058 1,531
CWIP 12 11 3 21 8 17 65 78 43 52 103 126
Investments 2 2 11 271 336 336 338 340 339 334 334 287
306 320 392 474 519 554 580 682 738 962 1,264 1,643
Total Assets 475 539 684 1,052 1,224 1,317 1,431 1,785 1,942 2,222 2,758 3,588

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
84 69 81 84 186 87 231 289 339 515 471 486
-67 -72 -85 -322 -175 -104 -124 -266 -241 -350 -38 -598
8 -21 -7 244 27 -14 -84 -7 -141 -116 -54 -121
Net Cash Flow 25 -24 -10 6 39 -31 23 15 -42 48 379 -232

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 67 48 50 56 50 66 51 43 25 26 16 19
Inventory Days 112 93 89 80 80 68 89 85 119 85 86 92
Days Payable 150 105 85 91 101 84 95 92 115 98 93 0
Cash Conversion Cycle 28 35 53 45 29 50 45 36 29 13 10 110
Working Capital Days 24 32 40 42 26 45 30 22 24 10 11 22
ROCE % 31% 31% 33% 20% 16% 18% 19% 21% 21% 29% 30% 27%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
55.74 55.74 55.74 55.74 55.74 55.73 55.73 55.73 55.73 55.85 55.85 55.85
19.42 20.36 22.17 22.71 22.75 21.32 19.85 17.79 16.07 16.26 14.88 13.86
9.04 8.90 8.07 7.68 8.03 10.72 11.62 12.70 13.60 14.37 15.23 16.50
15.79 15.01 14.02 13.87 13.49 12.23 12.80 13.78 14.60 13.53 14.04 13.79

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

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