Astral Limited Share Price and Company Fundamentals



Price
₹1696.5
Change
-33.450 (-1.934%)
52 week
1581.55 - 2524.95

Last traded: Yesterday at 9:59 AM

Astral Limited, together with its subsidiaries, manufactures and markets pipes, fittings, and adhesive products in India and internationally. The company operates through four segments: Pipes, Infrastructure Products, Adhesives, and Tanks. It offers chlorinated poly vinyl chloride (CPVC) and PVC plumbing systems under the Astral CPVC Pro, Astral Pex-a PRO, Astral MultiPro, Astral EcoPro uPVC, and Astral Aquarius uPVC names for residential and industrial applications. It also provides ASTRAL Silencio low noise system; Astral DrainMaster, a drainage system for soil, waste, and rain water; ASTRAL Foamcore pipes for underground drainage systems; ASTRAL DrainHulk manhole chambers; ASTRAL underground drainage systems; and D-Rex double walled corrugated pipes. In addition, the company offers ASTRAL Chem PRO industrial piping systems for industrial applications; and Aquarius Plus lead-free ASTM PVC solvent weld industrial piping systems. Further, it provides Pre-StiRex and Plus + StiRex ducts for post-tensioning of bridges; Bore-Well column pipes, Case-Well uPVC casing pipes, Aquasafe pressure pipes, and GeoRex single wall corrugated perforated pipes; Astral Fire Pro, a CPVC piping system for automatic fire sprinklers; water tanks under the Cleo, Vito, Sylo, and Sarita brand names; and surface drainage systems under the Astral Hauraton brand name. Additionally, the company offers Astral MultiRex polyolefin cable channels; Astral Wire Guard conduit pipes for protection of wires and cables; and Astral TeleRex pipes for underground cable ducting. It also offers ancillary products, including clamps and hangers for pipes and cables; and Astral INSUPro –XLPE insulation tubes for plastic and metal piping system. 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 based in Ahmedabad, India.

Key Metrics

PE ratio

71.84

PB ratio

14.88

Dividend yield

0.17%

Beta

0.46

Market cap

-

Enterprise value

-

Company profile

Industry / SectorBuilding Products & Equipment / Industrials
Websitehttps://www.astralpipes.com
Mailing addressAstral House 207/1, B/h. Rajpath Club Off S. G. Highway Ahmedabad 380059 India
Phone / Fax91 79 6621 2000 / 91 79 6621 2121

Dividends

Dividend yield

0.17%

Dividend amount

₹3.00

Payout ratio

9.34%

5Y Avg. yield

0.07%

Astral Limited paid ₹3.00 dividend and the ex-dividend date was 17 Nov 2021.The dividend payout ratio is 9.34%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.ASTRAL dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

ASTRAL's forward dividend amount is ₹2.5 and the forward dividend yield is 0.15%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Astral Limited.

NameTitleAgeTotal Pay
Mr. Sandeep Pravinbhai EngineerMD & Chairman6084.95M
Ms. Jagruti Sandeep EngineerWhole-Time Director568.38M
Mr. Hiranand A. SavlaniChief Financial Officer53
Mr. Krunal D. BhattCompany Sec. & Compliance Officer
Mr. Siddharth JoshiGen. Mang. of Marketing
Mr. Paresh AmbaniSr. Gen. Mang. of HR
Mr. Girish B. JoshiWhole Time Director60
Mr. Atul SanghviPres of Faucets & Sanitaryware Division59

Profitability and management effectiveness

Profit margin

11.01%

Operating margin

14.30%

Return on assets

12.96%

Return on equity

22.91%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Astral Limited is and its enterprise value is .

The ASTRAL's stocks Beta value is 0.46 making it 54% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Astral Limited (NSE:ASTRAL) Frequently Asked Questions

1. What is Astral Limited's Stock Symbol?

Astral Limited trades on NSE under the ticker symbol "ASTRAL".

2. What is Astral Limited's stock price today?

One share of ASTRAL stock can currently be purchased for approximately ₹1696.5.

3. How can I contact Astral Limited?

Astral Limited's mailing address is Astral House 207/1, B/h. Rajpath Club Off S. G. Highway Ahmedabad 380059 India. The company can be reached via phone at 91 79 6621 2000.

4. What is Astral Limited's official website?

The official website of Astral Limited is https://www.astralpipes.com.