āagman

Not investment advice. Data and computed figures, for information only.

Astral Ltd

NSE: ASTRALF&O
₹1,443.30
+₹0.10 (+0.01%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹37,874 Cr
CMP
₹1,443.30
52-wk High / Low
₹1,769 / 1,312
P/E
63.9
P/B
9.3
Book Value
₹151.0
Div Yield
0.28%
ROCE
19.0%
ROE
13.8%
Face Value
₹1
D/E
0.06

Price+1.1% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹260
√(22.5 × EPS × book value per share)
ROIC
13.1%
vs 12.3% sector median
Cash flow to profit
2.09
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+105
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
11.3%
ROE × earnings retention ratio
ROE stability
2.7
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.61DII +0.01
Latest quarter vs the previous one
Cash-accrual divergence
−10.7%
of assets
Low = accruals track cash flow
Strengths
Watch-outs
−Borrowings are up 26.9% since FY2016 (197 to 250)
−Price trades below its 200-day moving average (1.0x)
−Promoter holding fell by 1.6pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,2831,3631,3701,6251,3841,3701,3971,6811,3611,5771,5422,0881,578
Expenses1,0821,1431,1651,3341,1691,1601,1781,3801,1761,3211,3041,7061,347
Operating Profit202220205291214210219302185257237383231
OPM %15.7%16.1%15.0%17.9%15.5%15.3%15.7%18.0%13.6%16.3%15.4%18.3%14.6%
Other Income1213610129129911−71113
Interest68888101410121613246
Depreciation46495052566063657272737475
Profit before tax162177154241163149154236110180144297163
Net Profit11913211318112010911317879135108213120
EPS (₹)4.464.884.236.764.484.094.256.673.025.024.017.934.47

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,4101,6781,8952,0732,5072,5783,1764,3945,1585,6415,8326,5696,785
Expenses1,2421,4701,6331,7592,1262,1362,5393,6404,3494,7174,8865,5075,677
Operating Profit1682082613143824426387548109259461,0621,108
OPM %11.9%12.4%13.8%15.1%15.2%17.1%20.1%17.2%15.7%16.4%16.2%16.2%16.3%
Other Income3−4813151125353736412528
Interest25301822323913134029416458
Depreciation3642505781108116127178198243292295
Profit before tax110132201248283306533648628734702731784
Net Profit78102145176197250408490472546519535576
EPS (₹)2.893.795.446.587.369.2515.1018.0617.0020.3319.5019.9721.43

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital121212121215202027272727—
Reserves6076968351,0061,2661,4881,8762,3162,6843,1613,5904,031—
Borrowings203197229189275191809887119233250—
Other Liabilities3443973864685465956979521,5641,1881,1981,481—
Total Liabilities1,1651,3011,4621,6752,0992,2892,6733,3874,3624,4965,0485,789—
Fixed Assets5576457418421,1051,2551,3141,4961,9502,2992,7122,939—
CWIP2715257381445712312615111694—
Investments000000000000—
Other Assets5826416957599139901,3021,7682,2862,0462,2202,755—
Total Assets1,1651,3011,4621,6752,0992,2892,6733,3874,3624,4965,0485,789—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity671172261142823424056645435578236301,117
Cash from Investing Activity−91−343−203−158−185−291−318−45472−478−541−513−506
Cash from Financing Activity132371612−71−5−163−153−44−191−202−118−328
Net Cash Flow−111138−322546−7557571−11280−1282

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %34.021.018.022.023.023.021.029.029.024.023.020.019.0
ROE %————————————13.8
EPS (₹)1.262.893.795.446.587.369.2515.1018.0617.0020.3319.5019.97
Book Value (₹)————————————151.0
Face Value (₹)————————————1
P/E————————————63.9
Div Yield %————————————0.28
NPM %7.55.56.17.68.47.89.712.711.19.19.68.88.1
OPM %15.012.012.014.015.015.017.020.017.016.016.016.016.0
D/E0.450.330.280.270.190.220.130.040.040.030.040.060.06
P/B————————————9.3

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+15.0%
5 years+16.0%
3 years+8.0%
TTM+17.0%
Compounded profit growth
10 years+18.0%
5 years+6.0%
3 years+6.0%
TTM+22.0%
Stock price CAGR
10 years+22.0%
5 years−4.0%
3 years−10.0%
Last year−1.0%
Return on equity
10 years18.0%
5 years17.0%
3 years15.0%
Last year14.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters59.34%59.34%58.50%58.48%55.74%55.74%55.73%55.85%54.10%54.10%54.22%54.22%
FIIs14.19%14.19%19.89%21.93%20.08%22.71%17.79%13.86%21.22%20.17%14.50%13.89%
DIIs10.10%10.10%6.57%5.74%8.81%7.68%12.70%16.50%12.85%14.60%20.92%20.93%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.15%0.37%0.37%
Public16.37%16.37%15.04%13.84%15.37%13.87%13.78%13.79%11.81%10.97%9.99%10.59%
No. of shareholders14,49614,49616,95222,95844,97698,9742,41,9313,19,8992,85,6883,09,7142,58,4412,64,925
Change since Jun 2023 (pp)
Promoters −5.12FIIs −0.30DIIs +10.83Public −5.78

Documents

As of 11 Oct 2026
Announcements
Closure of Trading WindowAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationShareholder Meeting / Postal Ballot-Scrutinizer''s ReportShareholder Meeting / Postal Ballot-Outcome of AGM
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026RecordingJun 2026RecordingMay 2026TranscriptMay 2026PPTFeb 2026TranscriptFeb 2026RecordingNov 2025Transcript

Corporate actions

As of 14 Aug 2026
14 Aug 2026DIVIDENDDividend - Rs 2.50 Per Share—
11 Nov 2025DIVIDENDInterim Dividend - Rs 1.50 Per Share—
14 Aug 2025DIVIDENDDividend - Rs 2.25 Per Share—
14 Nov 2024DIVIDENDInterim Dividend - Rs 1.50 Per Share—
16 Aug 2024DIVIDENDDividend - Rs 2.25 Per Share—
27 Oct 2023DIVIDENDInterim Dividend - Rs 1.50 Per Share—
4 Aug 2023DIVIDENDDividend - Rs 2.25 Per Share—
14 Mar 2023BONUSBonus 1:3—
18 Nov 2022DIVIDENDInterim Dividend - Rs 1.25 Per Share—
19 Aug 2022DIVIDENDDividend - Rs 1.75 Per Share—
17 Nov 2021DIVIDEND Interim Dividend - Rs 1.25 Per Share—
23 Aug 2021DIVIDEND Annual General Meeting/Dividend - Re 1 Per Share—
18 Mar 2021BONUS Bonus 1:3—
12 Nov 2020DIVIDEND Interim Dividend - Re 1 Per Share—
17 Feb 2020DIVIDEND Interim Dividend - Re 0.60 Per Share—
31 Oct 2019DIVIDEND Interim Dividend - Rs 0.40 Per Sh—
16 Sep 2019BONUS Bonus 1:4—
25 Jul 2019DIVIDEND Annual General Meeting/Dividend - Rs 0.40 Per Sh—
20 Nov 2018DIVIDEND Interim Dividend- Re 0.30 Per Share—
14 Aug 2018DIVIDEND Annual General Meeting/Dividend Re 0.35 Per Share—
20 Nov 2017DIVIDEND Interim Dividend - Re 0.25 Per Share (Purpose Revised)—
31 Jul 2017DIVIDEND Annual General Meeting/Dividend - Re 0.30 Per Share—
24 Nov 2016DIVIDEND Interim Dividend Re 0.20 Per Share (Purpose Revised)—
17 Mar 2016DIVIDEND Interim Dividend - Re 0.25/- Per Share (Purpose Revised)—
9 Nov 2015DIVIDEND Interim Dividend - Re 0.15/- Per Share (Purpose Revised)—
3 Aug 2015DIVIDENDAnnual General Meeting/Dividend - Re 0.225/- Per Share—
5 Nov 2014DIVIDENDInterim Dividend Re.0.15 Per Share—
25 Sep 2014SPLITFace Value Split From Rs 2/- Per Share To Re 1/- Per Share2 : 1
13 Aug 2014DIVIDENDAnnual General Meeting / Final Dividend - Re 0.40/- Per Share—
13 Nov 2013DIVIDENDInterim Dividend - Re 0.25/- Per Share—
5 Sep 2013SPLITFace Value Split From Rs.5/- To Rs.2/-5 : 2
23 Jul 2013DIVIDENDAnnual General Meeting/Dividend Re 0.75 Per Share—
22 Nov 2012DIVIDENDInterim Dividend Re.0.50 Per Share—
30 Jul 2012DIVIDENDAnnual General Meeting/Dividend Re 0.625 Per Share—
17 Nov 2011DIVIDENDInterim Dividend Re.0.50 Per Share—
21 Jul 2011DIVIDENDAnnual General Meeting And Dividend Re.0.625 Per Share—
3 Nov 2010DIVIDENDInterim Dividend-Re.0.50 Per Share—
15 Sep 2010SPLITFace Value Split From Rs.10/- To Rs.5/-10 : 5
28 Jul 2010DIVIDENDAnnual General Meeting/Dividend Re 1 Per Share - Bc End Date Revised—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman