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Astral Ltd

Thu 13/03/2025,15:59:56 | NSE : ASTRAL

₹ 1238.30-26.80 (-2.12%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 1265.55

Previous Close

₹ 1265.10

Volume

518503

Mkt Cap ( Rs. Cr)

₹33265.04

High

₹ 1271.40

Low

₹ 1232.30

52 Week High

₹ 2454.00

52 Week Low

₹ 1232.30

Book Value Per Share

₹ 125.38

Dividend Yield

0.30

Face Value

₹ 1.00

What’s Your Call?

Collective community sentiment on Astral Ltd

Your Vote -

Buy

80.26%

Hold

13.55%

Sell

6.19%

80.26%

775 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

1238.30

117

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0

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0

Bid Total

117

Bid Price

Qty

0.00

0

0.00

0

0.00

0

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0

0.00

0

Bid Total

0

Option Chain

Analyzes market sentiment, predicts Astral Ltd' movement.

Call Price Open interest Strike Price Put Price Open interest

News

Media spotlight triggers stock stock attention, sentiment.

  • Astral Ltd - Action(s) taken or orders passed

    2 Mar 2025, 5:44PM Astral Limited has informed the Exchange about Intimation Under Regulation 30 - Receipt of GST Order
  • Astral Ltd - Intimation Under Regulation 30 -Receipt Of GST Order

    2 Mar 2025, 5:37PM Intimation Under Regulation 30 - Receipt of GST Order
  • Astral Ltd - Analysts/Institutional Investor Meet/Con. Call Updates

    27 Feb 2025, 2:08PM Astral Limited has informed the Exchange about Schedule of meet
  • Astral Ltd - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    27 Feb 2025, 2:01PM Intimation of Investor Meet
  • Astral Ltd - Analysts/Institutional Investor Meet/Con. Call Updates

    12 Feb 2025, 4:27PM Astral Limited has informed the Exchange about Schedule of meet
  • Astral Ltd - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    12 Feb 2025, 4:25PM Intimation of Investor Meet
  • Astral Ltd - Analysts/Institutional Investor Meet/Con. Call Updates

    5 Feb 2025, 5:58PM Astral Limited has informed the Exchange about Schedule of meet
  • Astral Ltd - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    5 Feb 2025, 4:12PM Transcript of earning call
  • Astral Ltd - Analysts/Institutional Investor Meet/Con. Call Updates

    5 Feb 2025, 4:12PM Astral Limited has informed the Exchange about Transcript of earning call
  • Astral Ltd - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    5 Feb 2025, 5:57PM Intimation of Investor Meet
  • Astral Ltd - Analysts/Institutional Investor Meet/Con. Call Updates

    3 Feb 2025, 4:15PM Astral Limited has informed the Exchange about Schedule of meet
  • Astral Ltd - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    3 Feb 2025, 4:12PM Intimation of Investor Meet
  • Astral Ltd - Copy of Newspaper Publication

    31 Jan 2025, 12:30PM Astral Limited has informed the Exchange about Newspaper Advertisement pertaining to Unaudited Financial Result for the Quarter and Nine Months ended
  • Astral Ltd - Analysts/Institutional Investor Meet/Con. Call Updates

    30 Jan 2025, 8:04PM Astral Limited has informed the Exchange about Link of Recording
  • Astral Ltd - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    30 Jan 2025, 8:03PM Audio Recordings Q3 (FY 2024-25 ) Earnings Call
  • Astral Ltd - Integrated Filing- Financial

    30 Jan 2025, 5:54PM Integrated Filing (Financial) - Unaudited Financial Result for the Quarter Ended 31st December 2024
  • Astral Ltd - Press Release

    30 Jan 2025, 4:26PM Astral Limited has informed the Exchange regarding a press release dated January 30, 2025, titled ""Press Release"".
  • Astral Ltd - Financial Result Updates

    30 Jan 2025, 4:18PM Astral Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Astral Ltd - Outcome of Board Meeting

    30 Jan 2025, 4:13PM Astral Limited has informed the Exchange regarding Board meeting held on January 30, 2025.
  • Astral Ltd - Integrated Filing (Financial)

    30 Jan 2025, 5:35PM Integrated Filing (Financial) - Unaudited Financial Result for the Quarter Ended 31st December 2024
  • Astral Ltd Q3 net profit up 4.83% at Rs 125.90 cr

    30 Jan 2025, 5:10PM The company reported standalone net profit of Rs 125.90 crore for the quarter ended December 31, 2024 as compared to Rs 120.10 crore in the same perio
  • Astral Ltd - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    30 Jan 2025, 4:23PM Press Release
  • Astral Ltd - Financial Result For The Quarter Ended 31St December, 2024

    30 Jan 2025, 4:17PM Financial Result for the Quarter ended 31st December, 2024
  • Astral Ltd - Board Meeting Outcome for Outcome Of Board Meeting Held On 30Th January 2025

    30 Jan 2025, 4:12PM Outcome of Board Meeting held on 30th January 2025
  • Astral Ltd - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    27 Jan 2025, 6:24PM ASTRAL LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
  • Astral Ltd - Analysts/Institutional Investor Meet/Con. Call Updates

    27 Jan 2025, 5:58PM Astral Limited has informed the Exchange about Earning Call on 30th January,2025
  • Astral Ltd - Change in Management

    27 Jan 2025, 5:44PM Astral Limited has informed the Exchange about Intimation regarding Change in Senior Management Personnel
  • Astral Ltd - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    27 Jan 2025, 5:48PM Earning Call on 30th January, 2025
  • Astral Ltd - Announcement under Regulation 30 (LODR)-Change in Management

    27 Jan 2025, 5:35PM Intimation regarding Change in Senior Management Personnel
  • Astral Ltd - Board Meeting Intimation

    23 Jan 2025, 6:01PM ASTRAL LIMITED has informed the Exchange about Board Meeting to be held on 30-Jan-2025 to inter-alia consider and approve the Unaudited Financial resu
  • Astral Ltd - Board Meeting Intimation for Approval Of Unaudited Financial Results For The Quarter And Nine Months Ended 31St

    23 Jan 2025, 5:55PM Astral Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/01/2025 ,inter alia, to consider and approve U
  • Astral Ltd - Commencement of commercial production/operations

    20 Jan 2025, 6:49PM Astral Limited has informed the Exchange that Company has started Commercial Production at Ghiloth Plant regarding SWR (Drain Master) Fittings.
  • Astral Ltd - Company Has Started Commercial Production At Ghiloth Plant Regarding SWR (Drain Master) Fittings

    20 Jan 2025, 6:37PM Company has started Commercial Production at Ghiloth Plant regarding SWR (Drain Master) Fittings.
  • Astral Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2024

    20 Jan 2025, 1:10PM As of December 2024, 54.10% is owned by Indian Promoters and 45.90% by Public. <p align=justify> Institutional holds 34.98% (Insurance Companies 4.94%
  • Astral Ltd - Trading Window-XBRL

    24 Dec 2024, 4:56PM Astral Limited has informed the Exchange about Closure of Trading Window
  • Astral Ltd - Trading Window

    24 Dec 2024, 4:44PM Astral Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
  • Stock Update: Astral Q1FY2025 Results Review

    12 Aug 2024 , 11:46AM Stock Update: Astral Q1FY2025 Results Review: Weak Q1; eyeing improvement from Q2
  • Stock Update: Astral Q3FY2024 Results Review

    2 Feb 2024 , 11:58AM Stock Update: Astral Q3FY2024 Results Review: One-offs dampen Q3; Retain Buy on healthy outlook
  • Astral

    27 Oct 2023 , 11:27AM The Company has started commercial production of Adhesives Division at Dahej Plant
  • Astral starts production of plastic water storage tank & PVC pipes at Guwahati plant

    11 Oct 2023 , 11:42AM Commencement of commercial production
  • Astral

    31 Mar 2023 , 3:22PM The Company’s Plant located at Cuttack, Orissa has been granted CPVC manufacturing License by “The Bureau of Indian Standards” (BIS Certification Marks Licence No. CML- 5200124072 as per IS 15778:2007).
  • Astral acquires 15% equity of Seal IT Services for Rs. 48 crore

    15 Sep 2022 , 12:35PM Acquisition of additional equity shares of subsidiary company
  • Astral

    1 Aug 2022 , 9:55AM The company announced the launch of its first display center of 2400 square feet for their bathware range in Ahmedabad, which will display its faucets and sanitary ware exclusively. The company also acquired an existing ready-to-use bathware manufacturing unit to felicitate timely production to ease product availability across the country. It plans to set up multiple channel-partnership based showrooms in major cities across the country in the coming year. Positive for the stock.
  • Astral

    22 Jun 2022 , 11:55AM Astral: The company has subscribed to Optionally Convertible Debentures of Rs 194 crore allotted by Gem Paints, and has appointed majority directors on the Board of Gem Paints and Esha Paints. Accordingly, Gem Paints and Esha Paints have become a subsidiary and a step-down subsidiary of the company.
  • Astral

    2 May 2022 , 9:47AM The Company’s board approved acquisition of 51% equity stake in Operating Paint Business of Gem Paints Private Limited at an investment of Rs. 194 crores by subscribing to optionally convertible debentures. The balance 49% equity stake will be acquired by Astral over a period of 5 years in tranches. Gems Paints had revenues and adjusted EBITDA of Rs. 215 crore and Rs. 32 crore respectively for FY2022. Positive for the stock.
  • Stock Update: Astral Limited

    12 Nov 2021 , 10:45AM Stock Update: Astral Ltd: On a sustainable growth trajectory; Upgrade to Buy
  • Astral to enter into faucets & sanitaryware biz

    20 Oct 2021 , 12:18PM Astral to enter in the business verticals of Faucets & Sanitaryware as a part of its growth strategy
  • Astral

    15 Sep 2021 , 12:42PM Astral: Crisil has upgraded company’s credit rating for long term bank facilities from CRISIL AA/Stable to CRISIL AA-/Positive. Positive for the stock.
  • Astral Q1FY2021 Consolidated Results

    9 Aug 2021 , 10:46AM Consolidated revenues in-line while operating profit and net profit were lower than estimate by 4% and 8% resptectively; July see sharp pick up in demand; PVC prices on upward journey post 15%+ drop in Q1FY22
  • Stock Update – Astral Limited Q4FY2021 Results Review

    21 May 2021 , 11:38AM Stock Update – Astral Limited Q4FY2021 Results Review – Strong growth outlook; Valuations stretched
  • Astral Q4FY2021 Consolidated Results

    19 May 2021 , 3:11PM Strong operational outperformance, higher other income and lower interest expense leads to 3.4x y-o-y jump in net profit.
  • Astral Poly Technik

    8 Mar 2021 , 10:53AM The Company has fixed Friday, March 19, 2021 as the Record Date, for its Bonus issue in the proportion of 1 Equity Shares for every 3 Equity Shares.
  • Astral PolyTechnik

    26 Nov 2020 , 11:13AM The company’s board on 24th November, 2020 have decided to enter into business of manufacturing /trading of plastic water storage tanks and add new capacity, with a total investment not exceeding Rs. 75 crores. Consequently it will be adding 4800MT capacity at its existing unit in Ahmedabad and 13500MT at Aurangabad through acquisition of assets from M/s Shree Prabhu Petrochemicals Pvt. Ltd. and other parties (not likely to exceed Rs. 51 crores). The company expects capacity addition to complete by March 2021.
  • Stock Update – Astral Poly Technik

    25 Nov 2020 , 8:59AM Stock Update – Astral Poly Technik – Structural growth drivers intact
  • Astral Poly Technik hit 52-week high

    8 Sep 2020 , 2:05PM Astral Poly Technik rises by 6% to Rs. 1,312 in strong market
  • Astral Poly Technik Limited: View Point

    4 Sep 2020 , 10:54AM Astral Poly Technik Limited: View Point: Growth trajectory visible on a slew of positives
  • Astral Poly Technik Ltd

    6 Aug 2020 , 12:40PM Astral Poly Technik Limited: View Point: Q1FY2021 Result - Short-term hiccups, structural story intact
  • Astral Poly Technik

    5 Aug 2020 , 11:22AM Astral Poly Technik Q1FY21 Results - Impacted by COVID-19 but beat estimates
  • Astral Poly Technik

    27 May 2020 , 12:11PM Astral Poly: Q4FY2020 results update: Disappointing quarter, but long-term growth levers intact
  • Astral Poly Technik

    26 May 2020 , 10:58AM Astral Poly Technik Q4FY2020 Results - First Cut : Results below expectation, performance severely impacted owing to COVID-19 pandemic in a seasonally strong quarter
  • Astral Poly Technik

    20 May 2020 , 10:24AM The company has forayed into manufacturing of cosmetic grade hand sanitizer with brand name Resi Shield. The product will be available in 100ml, 200ml, 500ml, 1l and 5l packs and will be sold through both astral pipes and astral adhesives distributors. - sentimentally positive read through
  • Astral Poly Technik Ltd

    8 May 2020 , 11:43AM The company has stated that it has resumed operations at its manufacturing facility situated at Hosur, Tamil Nadu after receiving requisite approval from the concerned government authorities – Sentimentally Positive
  • Astral Poly Technik Ltd

    13 Feb 2020 , 11:46AM Astral Poly Technik Limited: Viewpoint: Q3FY2020 Result Update: Healthy performance to continue
  • Astral Poly Technik

    12 Feb 2020 , 11:12AM Astral Poly Technik Q3FY2020 Results
  • Astral Poly Technik

    4 Dec 2019 , 1:33PM New Viewpoint Idea: Astral Poly Technik: Viewpoint: Piping hot
  • Astral Poly Technik

    1 Nov 2019 , 11:25AM Rating agency CRISIL revises company’s outlook to Positive from Stable earlier – Positive read through
  • Astral Poly to consider bonus issue on August 2

    26 Jul 2019 , 11:43AM Astral Poly Technik board to consider bonus issue
  • Astral delivers soft quarter for Q1

    9 Aug 2017 , 8:57AM Astral Poly Technik has delivered a soft quarter led by major destocking from the distributers owing to GST roll out

Key fundamentals

Evaluate the intrinsic value of Astral Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 3159.8 2681.4 2035 1654 1420.8
Liabilities 3159.8 2681.4 2035 1654 1420.8
Equity 26.9 26.9 20.1 20.1 15.1
Gross Profit 872.7 751.1 635 534.5 369.7
Net Profit 550.4 447.9 404.8 326.9 200.8
Cash From Operating Activities 788.4 486.5 471.3 514.7 339.4
NPM(%) 10.78 9.71 11.75 13.14 9.82
Revenue 5103.4 4611.6 3443.3 2486.3 2042.8
Expenses 4230.7 3860.5 2808.3 1951.8 1673.1
ROE(%) 16.34 13.29 12.01 9.7 5.96

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
14 Nov 2024 1.5 150 0.3 1770.35
16 Aug 2024 2.25 225 0.3 2303
27 Oct 2023 1.5 150 0.3 1934.7
04 Aug 2023 2.25 225 0.3 1595.65
17 Nov 2021 1.25 125 0.3 2235.2
23 Aug 2021 1 100 0.3 1798.45
12 Nov 2020 1 100 0.3 1127.85
17 Feb 2020 0.6 60 0.3 1194.55
31 Oct 2019 0.4 40 0.3 1164.5
25 Jul 2019 0.4 40 0.3 1266.15
20 Nov 2018 0.3 30 0.3 1003.75
14 Aug 2018 0.35 35 0.3 903.95
20 Nov 2017 0.25 25 0.3 759
31 Jul 2017 0.3 30 0.3 606.6
24 Nov 2016 0.2 20 0.3 427.35
17 Mar 2016 0.25 25 0.3 365.55
09 Nov 2015 0.15 15 0.3 425.1
03 Aug 2015 0.23 22.5 0.3 403.9
05 Nov 2014 0.15 15 0.3 359.05
13 Aug 2014 0.4 20 0.3 564.95
13 Nov 2013 0.25 12.5 0.3 257.25
23 Jul 2013 0.75 15 0.3 438.7
22 Nov 2012 0.5 10 0.3 383.6
30 Jul 2012 0.63 12.5 0.3 183
21 Jul 2011 0.63 12.5 0.3 178.6
03 Nov 2010 0.5 10 0.3 182.85
28 Jul 2010 1 10 0.3 224.75
22 Oct 2009 1 10 0.3 137.6
16 Jul 2009 1 10 0.3 96
09 Jun 2008 1 10 0.3 186.5

Peers

Other companies within the same industry or sector that are comparable to Astral Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Kingfa Science and Technology (India) Ltd 2797.00 1.63 23.44 1500.55 1011.71 0.36
Premier Polyfilm Ltd 61.42 -0.71 23.71 2624.31 196.67 0.24
Pearl Polymers Ltd 25.80 -3.12 0.00 2084.92 3.89 0.00
AVSL Industries Ltd 158.00 0.00 29.21 660.55 42.08 0.00

Company Info

Our Company was incorporated on March 25, 1996 as ASTRAL POLY TECHNIK PRIVATE LIMITED, under the Companies Act, 1956, with the Registration Number 04-29134. The name of our Company was changed to ASTRAL POLY TECHNIK LIMITED vide fresh Certificate of Incorporation dated September 29, 2006 with Company Identification Number U25200GJ1996PLC029134. Our Registered Office is situated at 901, Parshwa Towers, Opp. Rajpath Club, Sarkhej-Gandhinagar Highway, Ahmedabad- 380 054. Business Overview We are a manufacturer and provider of CPVC piping and plumbing systems in India since 1999. We are the first licensee of Noveon, USA (formerly known as Specialty Chemical Divison of B.F Goodrich, USA) to manufacture and market CPVC piping and plumbing system in India. In order to strengthen our business plans, we entered into a techno-financial joint venture with Specialty Process LLC of USA, which provided us the required technical expertise for manufacturing our CPVC pipes and fittings for home and industrial application. Over the years, we have expanded and enhanced our product lines to provide continually improved services to our customers. As a manufacturer of CPVC pipes and fittings for hot and cold water, industrial and pressure systems application, we had introduced a new product range in lead free PVC pressure pipes and fittings in the year 2004. With a concept of providing a one-stop source for all the plastic piping systems, we also began trading in products such as CPVC and PVC fittings, flanges and valves from Spears (USA), solvent cements (adhesive solutions) for joining pipes and fittings from IPSC (USA), underground specialty fittings from Hunter (U.K) and CPVC and PVC plastic pipes of a larger diameter from Harvell Inc. (USA) Our Company has its production facilities at Gujarat and Himachal Pradesh to manufacture plumbing systems from «" to 8" diameter. Our products include CPVC pipes and fittings for hot and cold water plumbing systems, CPVC industrial piping system for transportation of hazardous and highly corrosive chemicals, lead free PVC systems for cold water application. Innovative product designs and improvements, new technologies, and a fully integrated manufacturing system are all a part of ASTRAL's ongoing commitment to quality, satisfaction and service. Our Company has received an ISO 9001:2000 certificate in respect of manufacture and supply of CPVC and PVC pipes and fittings for plumbing systems and industrial piping system. The raw material used by us for manufacturing CPVC products is certified by National Sanitary Foundation (NSF). Our business has grown at CAGR of 45.17% over a period of 5 years from 2002 to 2006 as reflected in the turnover for the year 2006 which was Rs.5165.38 Lacs as compared to Rs.801.42 Lacs in the year 2002. Our Company enjoys countrywide presence through its extensive distribution network comprising of more than 120 Distributors and 2000 retail outlets. The products of our Company are very well accepted in all parts of the country though southern and Western India contributes to more than 75% of its business. Major events in the History of the Company: Year Event 1996 Incorporation 1995 Entered into a joint venture with Specialty Process LLC, by signing an agreement for equity and technical collaboration Entered into the Corzan Processor Agreement with B.F. Goodrich Co., USA 1998 Entered into the FlowGuard CPVC Processor Agreement with B.F. Goodrich Co., USA Launching CPVC in the Indian market Commenced production of FlowGuard CPVC products 1999 Entered into the Technology License Agreement in continuation of the CPVC Processor Agreement with B.F. Goodrich Co., USA 2001 Commenced manufacturing of CPVC fittings Expansion of manufacturing facilities at Santej, Gujarat 2002 Setting up of branch offices at Delhi and Mumbai and a sales depot at Bangalore 2003 Received ISO 9001: 2000 Certification Commenced manufacturing of lead free PVC piping systems in India 2004 Commenced export sales Revalued land and plant and machinery 2005 Setting up our second manufacturing facility at Baddi, Himachal Pradesh 2006 Received an award from Noveon for crossing the mark of 1,000 M.T. CPVC consumption Entered into the BlazeMaster Processor Agreement with Noveon Received an award from Noveon for being nominated as their first licensees for all their brands viz. FlowGuard, Corzan and BlazeMaster Conversion to a public limited company 2008- Astral Poly Technik Ltd has entered into the Joint Venture Agreement with Kenya Based Group. The proposed new Company will be formed under the name of "Astral Technologies Ltd" in which Astral Poly Technik Ltd has the stake of 26%. 2009 - Astral Poly Board declares Interim Dividend @ 10% 2010 -Company has splits its Face value of Shares from Rs 10 to Rs 5 2012 -Astral Poly Reappointed Mr. Sandeep Engineer as the Managing Director of the Company. -Astral Poly Technik receives Power Brands Rising Stars India 2012 Award. 2013 - Induction of New Joint Venture Partner, Ramco Group, Kenya in M/s Astral Technologies Ltd, Kenya. -Astral Poly Technik was awarded Inc. India Innovative 100-for the year 2013 for smart innovation by Small & Mid-Sized Companies in India. -Astral awarded Business Standard Star SME of the year-2013. -Astral Poly Technik has splits its face value from Rs 5/- to 2/- 2014 -Astral Poly Technik Ltd acquired Controlling Stake (80%) in UK based Seal It Services Ltd. -Astral Poly Technik has received Grant of Licence by BIS for Companys Product Blaze Master CPVC Pipes for Fire Sprinkler System. -Astral Poly Technik Ltd has been awarded Trophy for being a Finalist in Top 15 out of 350 Nominees for the EY Entrepreneur of the year Award, 2013". -Astral has commenced commercial production and sale at its new manufacturing facility at Hosur, Tamilnadu having annual capacity of 7000 M.T. -Astral Poly Technik Ltd. Acquires 76% Stake in Resinova Chemie Ltd. -Astral Poly Technik has splits its face value from Rs 2/- to 1/- 2016 -Astral Poly Technik "Updates on Purchase of Land in Rajasthan". -"Astral Poly Technik's Subsidiary Opens Business in U.S.". -"ASTRAL PIPES Launches New CPVC Plumbing Brand". -Astral Poly Technik has joined hands with Japan based Sekisui Chemical Company to source Chlorinated Poly Vinyl Chloride resin for hot and cold water plumbing system. 2018 -Astral Poly Technik Limited has informed that, Acquisition of 51% equity shares of Rex Polyextrusion Pvt Ltd. and its amalgamation with the Company. -Rex Polyextrustion, now an Astral Group 2019 -Astral Pipes Join Hands With Prabhas Starrer Saaho 2021 -The Company has informed that the Board of Directors, have considered and approved bonus at the ratio of 1 : 3, i.e 1 Equity Shares for every 3 Equity Shares held. -The Company has informed that the name has been changed from "Astral Poly Technik Limited" to "Astral Limited" -Long-term bank facilities is upgraded to `CRISIL AA/Stable' from `CRISIL AA-/Positive' Mumbai/Ahmedabad: Astral Limited (Astral; erstwhile Astral Poly Technik Ltd -Astral enters faucets and sanitaryware segment in India 2022 -Astral ropes in film star Allu Arjun to strengthen southern markets. 2023 -The Company has issued Bonus Shares in the Ratio of 1:3. -The Company has started commercial production of Adhesives Division at Dahej Plant. -The Company has started commercial production of Plastic Water Storage Tank and PVC Pipes at Guwahati Plant. 2024 -The Company Commencement of Commercial Production at Hyderabad Plant.

Our Company was incorporated on March 25, 1996 as ASTRAL POLY TECHNIK PRIVATE LIMITED, under the Companies Act, 1956, with the Registration Number 04-29134. The name of our Company was changed to ASTRAL POLY TECHNIK LIMITED vide fresh Certificate of Incorporation dated September 29, 2006 with Company Identification Number U25200GJ1996PLC029134. Our Registered Office is situated at 901, Parshwa Towers, Opp. Rajpath Club, Sarkhej-Gandhinagar Highway, Ahmedabad- 380 054. Business Overview We are a manufacturer and provider of CPVC piping and plumbing systems in India since 1999. We are the first licensee of Noveon, USA (formerly known as Specialty Chemical Divison of B.F Goodrich, USA) to manufacture and market CPVC piping and plumbing system in India. In order to strengthen our business plans, we entered into a techno-financial joint venture with Specialty Process LLC of USA, which provided us the required technical expertise for manufacturing our CPVC pipes and fittings for home and industrial application. Over the years, we have expanded and enhanced our product lines to provide continually improved services to our customers. As a manufacturer of CPVC pipes and fittings for hot and cold water, industrial and pressure systems application, we had introduced a new product range in lead free PVC pressure pipes and fittings in the year 2004. With a concept of providing a one-stop source for all the plastic piping systems, we also began trading in products such as CPVC and PVC fittings, flanges and valves from Spears (USA), solvent cements (adhesive solutions) for joining pipes and fittings from IPSC (USA), underground specialty fittings from Hunter (U.K) and CPVC and PVC plastic pipes of a larger diameter from Harvell Inc. (USA) Our Company has its production facilities at Gujarat and Himachal Pradesh to manufacture plumbing systems from «" to 8" diameter. Our products include CPVC pipes and fittings for hot and cold water plumbing systems, CPVC industrial piping system for transportation of hazardous and highly corrosive chemicals, lead free PVC systems for cold water application. Innovative product designs and improvements, new technologies, and a fully integrated manufacturing system are all a part of ASTRAL's ongoing commitment to quality, satisfaction and service. Our Company has received an ISO 9001:2000 certificate in respect of manufacture and supply of CPVC and PVC pipes and fittings for plumbing systems and industrial piping system. The raw material used by us for manufacturing CPVC products is certified by National Sanitary Foundation (NSF). Our business has grown at CAGR of 45.17% over a period of 5 years from 2002 to 2006 as reflected in the turnover for the year 2006 which was Rs.5165.38 Lacs as compared to Rs.801.42 Lacs in the year 2002. Our Company enjoys countrywide presence through its extensive distribution network comprising of more than 120 Distributors and 2000 retail outlets. The products of our Company are very well accepted in all parts of the country though southern and Western India contributes to more than 75% of its business. Major events in the History of the Company: Year Event 1996 Incorporation 1995 Entered into a joint venture with Specialty Process LLC, by signing an agreement for equity and technical collaboration Entered into the Corzan Processor Agreement with B.F. Goodrich Co., USA 1998 Entered into the FlowGuard CPVC Processor Agreement with B.F. Goodrich Co., USA Launching CPVC in the Indian market Commenced production of FlowGuard CPVC products 1999 Entered into the Technology License Agreement in continuation of the CPVC Processor Agreement with B.F. Goodrich Co., USA 2001 Commenced manufacturing of CPVC fittings Expansion of manufacturing facilities at Santej, Gujarat 2002 Setting up of branch offices at Delhi and Mumbai and a sales depot at Bangalore 2003 Received ISO 9001: 2000 Certification Commenced manufacturing of lead free PVC piping systems in India 2004 Commenced export sales Revalued land and plant and machinery 2005 Setting up our second manufacturing facility at Baddi, Himachal Pradesh 2006 Received an award from Noveon for crossing the mark of 1,000 M.T. CPVC consumption Entered into the BlazeMaster Processor Agreement with Noveon Received an award from Noveon for being nominated as their first licensees for all their brands viz. FlowGuard, Corzan and BlazeMaster Conversion to a public limited company 2008- Astral Poly Technik Ltd has entered into the Joint Venture Agreement with Kenya Based Group. The proposed new Company will be formed under the name of "Astral Technologies Ltd" in which Astral Poly Technik Ltd has the stake of 26%. 2009 - Astral Poly Board declares Interim Dividend @ 10% 2010 -Company has splits its Face value of Shares from Rs 10 to Rs 5 2012 -Astral Poly Reappointed Mr. Sandeep Engineer as the Managing Director of the Company. -Astral Poly Technik receives Power Brands Rising Stars India 2012 Award. 2013 - Induction of New Joint Venture Partner, Ramco Group, Kenya in M/s Astral Technologies Ltd, Kenya. -Astral Poly Technik was awarded Inc. India Innovative 100-for the year 2013 for smart innovation by Small & Mid-Sized Companies in India. -Astral awarded Business Standard Star SME of the year-2013. -Astral Poly Technik has splits its face value from Rs 5/- to 2/- 2014 -Astral Poly Technik Ltd acquired Controlling Stake (80%) in UK based Seal It Services Ltd. -Astral Poly Technik has received Grant of Licence by BIS for Companys Product Blaze Master CPVC Pipes for Fire Sprinkler System. -Astral Poly Technik Ltd has been awarded Trophy for being a Finalist in Top 15 out of 350 Nominees for the EY Entrepreneur of the year Award, 2013". -Astral has commenced commercial production and sale at its new manufacturing facility at Hosur, Tamilnadu having annual capacity of 7000 M.T. -Astral Poly Technik Ltd. Acquires 76% Stake in Resinova Chemie Ltd. -Astral Poly Technik has splits its face value from Rs 2/- to 1/- 2016 -Astral Poly Technik "Updates on Purchase of Land in Rajasthan". -"Astral Poly Technik's Subsidiary Opens Business in U.S.". -"ASTRAL PIPES Launches New CPVC Plumbing Brand". -Astral Poly Technik has joined hands with Japan based Sekisui Chemical Company to source Chlorinated Poly Vinyl Chloride resin for hot and cold water plumbing system. 2018 -Astral Poly Technik Limited has informed that, Acquisition of 51% equity shares of Rex Polyextrusion Pvt Ltd. and its amalgamation with the Company. -Rex Polyextrustion, now an Astral Group 2019 -Astral Pipes Join Hands With Prabhas Starrer Saaho 2021 -The Company has informed that the Board of Directors, have considered and approved bonus at the ratio of 1 : 3, i.e 1 Equity Shares for every 3 Equity Shares held. -The Company has informed that the name has been changed from "Astral Poly Technik Limited" to "Astral Limited" -Long-term bank facilities is upgraded to `CRISIL AA/Stable' from `CRISIL AA-/Positive' Mumbai/Ahmedabad: Astral Limited (Astral; erstwhile Astral Poly Technik Ltd -Astral enters faucets and sanitaryware segment in India 2022 -Astral ropes in film star Allu Arjun to strengthen southern markets. 2023 -The Company has issued Bonus Shares in the Ratio of 1:3. -The Company has started commercial production of Adhesives Division at Dahej Plant. -The Company has started commercial production of Plastic Water Storage Tank and PVC Pipes at Guwahati Plant. 2024 -The Company Commencement of Commercial Production at Hyderabad Plant.

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Parent Organisation

Astral Ltd.

Founded

25/03/1996

Managing Director

Mr.Sandeep P Engineer

NSE Symbol

ASTRALEQ

FAQ

The current price of Astral Ltd is ₹ 1238.30.

The 52-week high for Astral Ltd is ₹ 1271.40 and the 52-week low is ₹ 1232.30.

The market capitalization of Astral Ltd is currently ₹ 33265.04. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Astral Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Astral Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Astral Ltd shares.

The CEO of Astral Ltd is Mr.Sandeep P Engineer, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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