ASTRALCapital Goods

Astral Limited

Plastic Products - Industrial · ISIN INE006I01046 · BSE 532830 · NSE EQ · FV ₹1
Last price
₹1,399
+1.19%today
What this company does

Astral Limited operates in Plastic Products - Industrial, part of the Capital Goods sector. It booked ₹1,578 cr of revenue in its latest quarter (Q1 FY27) and kept 7.6% of sales as profit. It is the 2nd largest of 9 Plastic Products - Industrial companies we track, by market value.

In the report:
58out of 100
Equitytale Health Score
Mixed

Healthier than 58% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 77–113 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
35

At close. Not part of the score.

Profitability & returns40

How much profit it earns on the money it employs

Balance sheet67

How much it owes, and whether earnings cover the interest

Cash quality94

Whether reported profit actually arrives as cash

Growth & consistency41

Whether sales and profit have grown, and how steadily

Valuation31

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 16% vs last year
Profit up 48% vs last year
Promoters hold 54%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
! Thin 7.6% net margin

What if I invest in ASTRAL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 14% a year, it would become
₹24.93 lakh

The slider starts at 14%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,399 +1.19%
latest close · 2026-09-17
1-year return
-5.4%
52-wk low ₹1,18652-wk high ₹1,894
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio78.2High
LowAverageHigh
P/B ratio9.27High
Below bookModerateHigh
EV / EBITDA37.8High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.8%Fair
WeakFairStrong ▸15%
Return on capital15.6%Strong
WeakFairStrong
Net margin7.6%Decent
ThinDecentStrong
EBITDA margin15.5%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.04Comfortable
LowModerateHigh ▸1
Interest cover29.1×Strong
RiskyOkayStrong ▸5×
Current ratio1.76Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹37,630 cr
Book value
₹151
EPS
₹4.47
latest quarter
Net debt
₹-737 cr
more cash than debt
Enterprise value
₹36,893 cr
EBITDA
₹976 cr
annualised
EBIT
₹674 cr
annualised
Operating margin
10.7%
Return on assets
8.3%
Earnings yield
1.28%
P/S
5.96
Sales / share
₹234.6
Tax rate
26.2%
Face value
₹1
Shares
26.9 cr
Working capital
₹1,141 cr
Current assets
₹2,639 cr
Current liabilities
₹1,498 cr
Delivery %
59.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹206₹373, midpoint ₹366

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,578 cr
Other Income₹13 cr
Total Income₹1,591 cr
Cost of Materials₹1,116 cr
Purchases of Stock-in-Trade₹29 cr
Inventory Change (±)₹-207 cr
Employee Benefit Expense₹170 cr
Finance Costs₹6 cr
Depreciation & Amortisation₹75 cr
Other Expenses₹240 cr
Total Expenses₹1,428 cr
Profit before Tax₹163 cr
Tax Expense₹43 cr
Net Profit₹120 cr
Net margin on total income7.6%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹938 cr58.9%
Employee benefit expense₹170 cr10.7%
Finance costs₹6 cr0.4%
Depreciation & amortisation₹75 cr4.7%
Other expenses₹240 cr15.1%
Tax expense₹43 cr2.7%
Profit for the period₹120 cr7.6%
Total income ₹1,591 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,542 cr2,089 cr1,578 cr
Total income1,551 cr2,106 cr1,591 cr
Expenses1,390 cr1,803 cr1,428 cr
Profit before tax144 cr297 cr163 cr
Tax37 cr84 cr43 cr
Net profit (owners' share)108 cr213 cr120 cr
Net margin (owners' share, on revenue)7.0%10.2%7.6%
EPS (₹)4.017.934.47
YoY (latest quarter): total income +16.1% · net profit +48.0%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹5,812 cr
Shareholder equity
₹4,058 cr
parent shareholders
Total debt
₹153 cr
Cash
₹890 cr
Cash flow · H1 FY26
Operating
₹389 cr
Investing
₹-246 cr
Financing
₹-202 cr
Peer comparison
Plastic Products - Industrial · by market value
CompanyPriceMarket capP/E
Supreme Industries Limited₹3,344₹42,491 cr37.8
Astral Limitedthis company₹1,399₹37,630 cr78.2
Garware Hi-Tech Films Limited₹6,503₹15,105 cr28.5
Finolex Industries Limited₹154₹9,549 cr20.9
Time Technoplast Limited₹175₹8,615 cr18.6
Kingfa Science & Technology (India) Limited₹5,856₹7,935 cr24.7
Prince Pipes And Fittings Limited₹259₹2,860 cr21.2
Apollo Pipes Limited₹526₹2,316 cr
Jain Irrigation Systems Limited₹30₹2,216 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.29%
trailing 12 months
Dividend / share (TTM)
₹4
Last dividend
₹2.5
ex 14 Aug 2026
ActionDetailEx-date
Dividend₹2.5 / share14 Aug 2026
Dividend₹1.5 / share11 Nov 2025
Dividend₹2.25 / share14 Aug 2025
Dividend₹1.5 / share14 Nov 2024
Dividend₹2.25 / share16 Aug 2024
Dividend₹1.5 / share27 Oct 2023
Who owns it · 2026-06-30
No pledge
Promoter
54.2%
FII / Foreign
13.9%
DII / Domestic
21.3%
Retail / others
10.6%
Promoter stake down 1.6% over the last 12 quarters.
Smart-money activity
Insider trades
SoldSantoshkumar Pandey · Designated Person1,724 · ₹26.7 L31 Aug 26
SoldMr. Aditya Shroff · Immediate Relative4,500 · ₹69.3 L17 Aug 26
SoldMr. Sujal Shroff · Immediate Relative11,500 · ₹1.8 cr17 Aug 26
Bulk / block deals
short · NSE231 Aug 26
BoughtSOCIETE GENERALE · NSE13.90 L @ ₹1,526.5631 Aug 26
SoldSOCIETE GENERALE · NSE39,421 @ ₹1,547.1931 Aug 26
Stake changes
BoughtLife Insurance Corporation of India→ 5.00% · 22,4583 Oct 25
SoldSteadview Capital Mauritius Limited along with PAC→ 7.85% · 97,44813 Nov 20
BoughtKairav Chemicals Limited along with PAC · promoter→ 55.74%8 Nov 19
Promoter pledges
ReleasedKotak Mahindra Investments Ltd37.50 L · 3.13% held5 Sep 17
PledgedKotak Mahindra Investments Ltd.37.50 L · 0.00% held21 Oct 15
ReleasedRelease of Pledged shares, with Kotak Mahindra Prime Limited76.00 L · 0.00% held24 Dec 14
What shareholders were asked to approve
1 proposal passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 24 Aug 2026
See the official result
1
To receive, consider and adopt the Audited Financial Statements (including Consolidated Financial Statements) of the Company for the financial year ended 31st March, 2026 together with the reports of the Directors and Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
9.15 cr votes for, 1.73 L against · 0% of mutual funds and other big investors said no
2
To confirm the payment of Interim Dividend declared by the Board of Director and to declare Final Dividend on Equity shares for the financial year ended on 31st March, 2026
Backed by 100% of shareholders other than promotersneeded 50%
9.19 cr votes for, 677 against · 0% of mutual funds and other big investors said no
3
To consider re-appointment of Mr. Hiranand Savlani (DIN: 07023661), who retires by rotation and being eligible, offers himself for re-appointment
Backed by 98% of shareholders other than promotersneeded 50%
9.04 cr votes for, 14.38 L against · 2% of mutual funds and other big investors said no
4
To Consider re-appointment of Mr. Sandeep Engineer (DIN:00067112) as Managing Director of the Company
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 51% of shareholders other than promotersneeded 75%
4.70 cr votes for, 4.49 cr against · 51% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 23 named members
owning 54.2% between them · as of 2026-06-30
SANDEEP PRAVINCHANDRA ENGINEER31.57%
SAUMYA POLYMERS LLP8.54%
JAGRUTI SANDEEP ENGINEER7.56%
KAIRAV CHEMICALS LIMITED6.55%
AMEYA LIDESTYLEno shares
ASTRAL CHARITABLE TRUSTno shares
BHARAT NATURE FORUMno shares
HANSABEN ENGINEER PRIVATE TRUSTno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.