# ASTRAL (ASTRAL) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/astral

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,407.1
- Change: +0.59%
- As of: 2026-09-18
- 1D return: +2.06%
- 5D return: -2.15%
- 1M return: -6.81%
- Latest complete quarter: fy26_q4

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, ASTRAL is trading at ₹1427.7, with a daily technical stance indicating a bearish trend. This is supported by the price being below key daily moving averages including the 20-day EMA (₹1458.85), 50-day SMA (₹1460.7), and the 200-day SMA (₹1504.91), as well as the Supertrend indicator pointing to ₹1476.57 in a bearish direction. On the weekly timeframe, the trend is also bearish, with the price below the 20-day EMA (₹1483.92) and the Supertrend at ₹1633.6. However, the monthly timeframe shows a bullish trend, with the price above the Supertrend indicator (₹1110.2), suggesting a potential conflict across timeframes. Recent patterns include an active Hammer formation on the weekly chart and a Bearish Engulfing Reversal on the monthly chart as of September 18, 2026. The stock is currently positioned within its recent trading range, with the nearest support identified at ₹1418.16 (0.67% below current price) and resistance at ₹1430.97 (0.23% above current price). The stock exhibits an annualized volatility of 0.3 and a current drawdown of -0.18, indicating elevated risk.

- Daily and weekly timeframes indicate a bearish trend, while the monthly timeframe shows a bullish trend.
- Nearest support level is ₹1418.16, and nearest resistance is ₹1430.97.
- Active weekly Hammer and monthly Bearish Engulfing Reversal patterns were noted on September 18, 2026.
- The stock's current drawdown is -0.18, with annualized volatility at 0.3.
- Watch for price movement relative to the ₹1418.16 support and ₹1430.97 resistance levels.

- Hammer
- Bearish Engulfing Reversal
- Morning Star
- Outside Bar
- Evening Star
- Shooting Star

### What Changed

Astral's share price has seen a modest increase, trading at ₹1427.7 on September 18, 2026, up from ₹1398.9 on the previous trading day. No new filings or news developments were reported for the company as of the observation date. The company's profile on the NSE remains unchanged.

- Astral's share price increased to ₹1427.7 on September 18, 2026, from ₹1398.9 on the prior trading day.
- No new filings were reported for Astral as of September 18, 2026.
- No new news developments were reported for Astral as of September 18, 2026.
- Astral is listed on the NSE.

### Official Filings

Astral Limited's 30th Annual General Meeting (AGM) on August 24, 2026, saw shareholders approve key resolutions, including the adoption of audited financial statements for the year ended March 31, 2026, and the declaration of a final dividend. The re-appointment of Mr. Hiranand Savlani as a director received strong support with 99.39% of votes in favor, and the remuneration of Cost Auditors was ratified with 99.99% approval. However, the re-appointment of Mr. Sandeep Engineer as Managing Director passed with 81.10% of valid votes, indicating notable opposition. In a separate development, on August 17, 2026, immediate relatives of promoters, Mr. Sujal Shroff and Mr. Aditya Shroff, sold equity shares totaling ₹17,710,288 and ₹6,934,656 respectively, reducing their holdings. The company also published a notice on August 21, 2026, regarding the transfer of shares to the Investor Education and Protection Fund (IEPF) for shareholders who have not claimed dividends for seven consecutive years from 2019-20, with a deadline of November 24, 2026, to claim unpaid dividends before the transfer.

- On August 24, 2026, Astral Limited's AGM approved audited financial statements for the year ended March 31, 2026, and declared a final dividend.
- Mr. Hiranand Savlani was re-appointed as a director with 99.39% shareholder support on August 24, 2026.
- Mr. Sandeep Engineer's re-appointment as Managing Director was approved with 81.10% of votes on August 24, 2026.
- On August 17, 2026, promoter relatives Mr. Sujal Shroff and Mr. Aditya Shroff sold shares worth ₹17,710,288 and ₹6,934,656 respectively.
- A notice was published on August 21, 2026, regarding the transfer of unclaimed dividend shares to the IEPF by November 24, 2026.

- Revised Voting Result |SUBJECT: Shareholders meeting
- Astral Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 24, 2026 |SUBJECT: Shareholders meeting
- Astral Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 24, 2026 |SUBJECT: Shareholders meeting
- Astral Limited has informed the Exchange regarding voting results of Annual General Meeting held on August 24, 2026 |SUBJECT: Shareholders meeting
- MEETING DATE : 24-AUG-2026
- Astral Limited has informed the Exchange about Copy of Newspaper Publication regarding transfer of Equity Shares to Investor Education Protection Fund (IEPF) |SUBJECT: Copy of Newspaper Publication
- ASTRAL|ASTRAL LIMITED|Original|Regulation 7 (2)|IT_2559_WebXMLFile_20260820_184156418.xml|IT_2559_20260820_184156451_WEB.html|8001|28575|-
- Astral Limited has informed the Exchange about Transcript of Earning Call held on 12th August, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- ASTRAL LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Astral Limited has informed the Exchange about Copy of Newspaper Publication of Unaudited Financial Result for the First quarter Ended on 30th June, 2026 |SUBJECT: Copy of Newspaper Publication

### Fundamentals

Astral's recent financial performance shows a mixed trajectory. For the quarter ending September 2025 (Q2 FY2025-26), Revenue from Operations was ₹1,577.40 crore. Profit Before Tax (PBT) for the same period stood at ₹179.90 crore, with a Basic Earnings Per Share (EPS) of ₹5.02 per share. The Operating Profit Margin (OPM) was 15.0% in Q2 FY2025-26, compared to 16.0% in Q4 FY2025-26. Finance costs were ₹16 crore in Q2 FY2025-26, while Other Expenses were ₹221 crore. Looking at the full year projections, for the year ending March 2026 (FY2025-26), Sales are projected at ₹6,569.0 crore, with an expected Net Profit of ₹535.0 crore and an EPS of ₹19.97. The company's balance sheet shows total assets of ₹5,789 crore and total liabilities of ₹5,789 crore for March 2026. Borrowings are projected to increase to ₹250 crore by March 2026, up from ₹119 crore in March 2024. Fixed assets have shown a consistent increase, reaching ₹2,939 crore by March 2026. The Cash Flow from Operations (CFO) is projected at ₹1,117.0 crore for March 2026, a significant increase from ₹823.0 crore in March 2024. Free Cash Flow is also projected to rise to ₹661.0 crore in March 2026 from ₹273.0 crore in March 2024. Key monitoring areas include the trend in Operating Profit Margins, the management of borrowings, and the conversion of operating cash flow into free cash flow.

- For Q2 FY2025-26, Astral reported Revenue from Operations of ₹1,577.40 crore and Profit Before Tax of ₹179.90 crore.
- Projected Sales for FY2025-26 are ₹6,569.0 crore, with an anticipated Net Profit of ₹535.0 crore and EPS of ₹19.97.
- Operating Profit Margin (OPM) was 15.0% in Q2 FY2025-26.
- Projected borrowings are ₹250 crore for March 2026, an increase from ₹119 crore in March 2024.
- Projected Cash Flow from Operations for March 2026 is ₹1,117.0 crore, with Free Cash Flow projected at ₹661.0 crore.

### Bull Case

Astral's financial performance shows positive trends in sales and profit growth over the trailing twelve months (TTM). The company has also demonstrated an increase in its equity capital and reserves from March 2019 to March 2020, alongside a reduction in borrowings and capital work-in-progress (CWIP) during the same period. Operating cash flow has remained stable, and free cash flow has shown an increase. Technically, the monthly trend indicates a bullish Supertrend, suggesting a potentially positive long-term outlook, although daily and weekly trends are currently bearish.

- Compounded sales growth was 17% for the trailing twelve months (TTM) and 16% over 5 years.
- Compounded profit growth was 22% for the TTM and 6% over 5 years.
- Equity capital increased from ₹12 crore in March 2019 to ₹15 crore in March 2020.
- Reserves grew from ₹1,266 crore in March 2019 to ₹1,488 crore in March 2020.
- Borrowings decreased from ₹275 crore in March 2019 to ₹191 crore in March 2020.
- CWIP reduced from ₹81 crore in March 2019 to ₹44 crore in March 2020.
- Free cash flow increased from ₹122 crore in March 2019 to ₹192 crore in March 2020.
- The monthly Supertrend indicator is bullish.

- OpenAI In Talks For Fresh Funding Round At Over $1.2 Trillion Valuation Ahead Of IPO

### Bear Case

Astral's recent financial performance shows a mixed picture, with sales growth continuing but facing headwinds. While sales have grown at a compounded rate of 16% over 5 years and 17% on a trailing twelve months (TTM) basis, profit growth has been slower, at 6% over 5 years and 22% TTM. The company's balance sheet indicates a significant increase in fixed assets, rising from ₹1,105 crore in March 2019 to ₹1,255 crore in March 2020. Concurrently, cash flow from investing activities has become more negative, decreasing from ₹-291 crore in March 2019 to ₹-318 crore in March 2020, suggesting increased capital expenditure. This has contributed to a net cash flow decrease from ₹46 crore in March 2019 to ₹-75 crore in March 2020. Technically, the stock is exhibiting a bearish trend on a daily and weekly basis, with key moving averages like the 20-day and 50-day Exponential Moving Averages (EMAs) showing downward slopes.

- Compounded sales growth over 5 years was 16%, while compounded profit growth was 6%.
- Fixed assets increased from ₹1,105 crore (Mar 2019) to ₹1,255 crore (Mar 2020).
- Cash flow from investing activities was ₹-318 crore in Mar 2020, compared to ₹-291 crore in Mar 2019.
- Net cash flow turned negative at ₹-75 crore in Mar 2020, from ₹46 crore in Mar 2019.
- Daily and weekly technical trends are currently indicated as bearish.

- OpenAI In Talks For Fresh Funding Round At Over $1.2 Trillion Valuation Ahead Of IPO

### FAQs

**How has Astral's financial performance changed between March 2019 and March 2020?**

Between March 2019 and March 2020, Astral's Total Assets increased from ₹2,099 crore to ₹2,289 crore. During the same period, Total Liabilities also rose from ₹2,099 crore to ₹2,289 crore. Equity Capital grew from ₹12 crore to ₹15 crore, and Reserves increased from ₹1,266 crore to ₹1,488 crore. Borrowings decreased from ₹275 crore to ₹191 crore, while Fixed Assets saw an increase from ₹1,105 crore to ₹1,255 crore. Cash Flow from Operating Activities rose to ₹405 crore in March 2020 from ₹342 crore in March 2019. Free Cash Flow also improved to ₹192 crore from ₹122 crore over the same period. However, Net Cash Flow turned negative, decreasing to -₹75 crore from ₹46 crore.

**What were the key outcomes of Astral Limited's 30th Annual General Meeting held on August 24, 2026?**

At the 30th Annual General Meeting of Astral Limited on August 24, 2026, shareholders approved the adoption of audited financial statements for the year ended March 31, 2026, with 99.9273% of votes in favor. They also approved the confirmation of interim and final dividends (99.9997% support) and ratified the re-appointment of director Mr. Hiranand Savlani (99.3945% support) and the cost auditors (99.9997% support). A special resolution to re-appoint Mr. Sandeep Engineer as Managing Director passed with 81.1026% of the votes, though it faced opposition.

**What is the current technical trend for Astral on a daily and weekly basis as of September 18, 2026?**

As of September 18, 2026, Astral's daily technical trend is indicated as bearish, with the Supertrend indicator at ₹1476.57 and the EMA 20 slope at -37.45. The weekly trend is also showing as bearish, with the Supertrend at ₹1633.6 and the EMA 20 slope at -7.66. In contrast, the monthly trend is bullish, with the Supertrend at ₹1110.2.

**How has Astral's sales and profit growth performed over the last five years and on a trailing twelve-month (TTM) basis?**

Over the last five years, Astral has achieved a Compounded Sales Growth of 16% and a Compounded Profit Growth of 6%. On a Trailing Twelve Months (TTM) basis, the Compounded Sales Growth stands at 17%, and the Compounded Profit Growth is 22%.

- OpenAI In Talks For Fresh Funding Round At Over $1.2 Trillion Valuation Ahead Of IPO
- Revised Voting Result |SUBJECT: Shareholders meeting
- Astral Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 24, 2026 |SUBJECT: Shareholders meeting
- Astral Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 24, 2026 |SUBJECT: Shareholders meeting
- Astral Limited has informed the Exchange regarding voting results of Annual General Meeting held on August 24, 2026 |SUBJECT: Shareholders meeting
- MEETING DATE : 24-AUG-2026
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹1,384.97
- Risk regime: Price Risk Requires Attention

### Support levels
- 1418.15771484375
- 1386.4
- 1326.7

### Resistance levels
- 1474.5124999999998
- 1513.1405883789062
- 1556.02890625

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +2.06% |
| return_10 | -4.51% |
| return_1m | -6.07% |
| return_1y | -2.16% |
| return_20 | -6.81% |
| return_3m | -8.81% |
| return_5 | -2.15% |
| return_6m | -14.43% |
| return_since_start | -13.55% |
| return_ytd | -0.50% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -25.03% |
| annualized_volatility | +30.30% |

## Quarterly financials

- Latest complete quarter: fy26_q4

# Fiscal Year-End Surge Lifts Revenue and Profit to Highest Levels in Five Quarters

Astral Ltd. reported a sharp increase in revenue and profit for the quarter ended March 31, 2026, compared to both the previous quarter and the same quarter last year. The March quarter delivered the highest quarterly revenue and profit in the five quarters from June 2025 to March 2026. Revenue was relatively stable in the first three quarters of the fiscal year before surging in the final quarter.

## Revenue Performance

Revenue from operations reached ₹2,088.50 crore in the March 2026 quarter. This was 35.5% higher than the ₹1,541.50 crore recorded in the December 2025 quarter and 24.2% higher than the ₹1,681.40 crore recorded in the March 2025 quarter.

The quarterly revenue pattern across fiscal 2025-26 shows a distinct year-end concentration:
- June 2025: ₹1,361.20 crore
- September 2025: ₹1,577.40 crore
- December 2025: ₹1,541.50 crore
- March 2026: ₹2,088.50 crore

The March quarter alone accounted for about 32% of the total revenue generated in the four quarters of the fiscal year.

## Profitability

Profit before tax (PBT) grew to ₹296.60 crore, more than double the ₹144.30 crore reported in the immediately preceding quarter and 25.5% above the ₹236.30 crore reported in the prior-year March quarter. The year-on-year growth in PBT (25.5%) slightly outpaced revenue growth (24.2%), while the sequential profit jump far exceeded the 35.5% revenue increase.

The pre-tax profit margin improved to 14.2% in the March 2026 quarter, up from 14.1% a year earlier and from 9.4% in the December 2025 quarter.

Basic earnings per share rose to ₹7.93, compared with ₹4.01 in the previous quarter and ₹6.67 in the prior-year period. Basic and diluted EPS were equal, indicating no dilutive securities.

## Expense Trends

The largest expense component remained the cost of materials consumed, at ₹1,163.40 crore. When combined with purchases of stock-in-trade (₹38.10 crore) and changes in inventories (₹46.70 crore), raw-material-related costs formed the bulk of the cost base. Employee benefit expense was ₹154.20 crore, and depreciation was ₹74.00 crore.

Two expense lines showed notable increases relative to the prior-year March quarter:
- **Finance costs** rose to ₹23.50 crore from ₹9.60 crore, an increase of 144.8%.
- **Other expenses** rose to ₹303.20 crore from ₹227.60 crore, an increase of 33.2%. Other expenses also increased 30.9% sequentially from ₹231.70 crore in the December 2025 quarter.

Despite the higher finance costs and other expenses, the pre-tax margin expanded both year-on-year and sequentially.

## Key Takeaway

The March 2026 quarter saw a significant revenue surge that lifted profit to its highest level in the five quarters from June 2025 to March 2026. The pre-tax profit margin improved compared to both the prior-year quarter and the immediately preceding quarter, even as finance costs and other expenses rose materially.

### Ratios

## Official filings

- 2026-08-25 — Generic Announcement: Astral Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTRAL_25082026103544_Revised_Voting_Results.pdf)
- 2026-08-24 — Generic Announcement: Astral Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTRAL_24082026192736_Results_and_Scrutinizer_Report_cover_letter.pdf)
- 2026-08-24 — Generic Announcement: Astral Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTRAL_24082026192540_Outcome_of_AGM.pdf)
- 2026-08-24 — Generic Announcement: Astral Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTRAL_24082026192924_Results_and_Scrutinizer_Report_cover_letter.pdf)
- 2026-08-24 — Regulatory Filing: Astral Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/RESULT_VOTING_1717481_24082026073413_WEB.xml)
- 2026-08-21 — Generic Announcement: Astral Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTRAL_21082026180431_IEPF_-_Stock_Exchange.pdf)
- 2026-08-20 — Official Filing: ASTRAL LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/IT_2559_WebXMLFile_20260820_184156418.xml)
- 2026-08-18 — Generic Announcement: Astral Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTRAL_18082026185046_Transcript.pdf)
- 2026-08-18 — Generic Announcement: Astral Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2559_WebXMLFile_20260818_184916688.xml)
- 2026-08-13 — Generic Announcement: Astral Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTRAL_13082026140539_Newspaper.pdf)
- 2026-08-12 — Press Release: Astral Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTRAL_12082026161030_PressReleaseQ1FY2027.pdf)
- 2026-08-12 — Generic Announcement: Astral Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2559_WebXMLFile_20260812_190601051.xml)
- 2026-08-12 — Generic Announcement: Astral Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTRAL_12082026160146_Outcome_of_BM.pdf)
- 2026-08-05 — Generic Announcement: Astral Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2559_WebXMLFile_20260805_140934579.xml)
- 2026-08-05 — Generic Announcement: Astral Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTRAL_05082026140554_SEINTIMATION_earning_Call.pdf)
- 2026-08-04 — Official Filing: Astral Limited will hold a board meeting on August 12, 2026, to consider unaudited financial results for the quarter ended June 2026. The trading window for the company will be closed from July 1, 2026, to August 14, 2026.
- 2026-08-01 — Official Filing: Astral Limited will hold its 30th Annual General Meeting on August 24, 2026, via Video Conference/Other Audio-Visual Means. The record date for dividend entitlement is August 14, 2026, with a recommended dividend of Rs. 2.50 per equity share for the financial year ended March 31, 2026. Remote e-voting will be open from August 21 to August 23, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTRAL_01082026123404_Newspaper_Advertisement.pdf)
- 2026-07-31 — Official Filing: Astral Limited has sent email communications to shareholders regarding tax deducted at source (TDS) on the final dividend for the Financial Year 2025-26, in compliance with the Income Tax Act, 2025. This information is also available on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTRAL_31072026185647_TDS_Intimation.pdf)
- 2026-07-31 — Official Filing: ASTRAL LIMITED will hold its 30th Annual General Meeting on August 24, 2026, at 11:00 AM in Ahmedabad, conducted via Video Conference or Other Audio-Visual Means. The agenda includes adopting the Audited Standalone and Consolidated Financial Statements for the fiscal year ended March 31, 2026, confirming interim dividends, and declaring final dividends. The meeting will also address the re-appointment of Executive Director Mr. Hiranand Savlani, who retires by rotation, and the re-appointment of Mr. Sandeep Engineer as Managing Director for a term from April 1, 2027, to March 31, 2032. Additionally, V. H. Savaliya Associates will be appointed as Cost Auditor for the period April 1, 2026, to March 31, 2027.
- 2026-07-31 — Official Filing: Astral Limited submitted its Business Responsibility and Sustainability Report for the Financial Year 2025-26 on July 31, 2026. The report details the company's performance and commitments across environmental, social, and governance (ESG) principles. Key disclosures include information on operations, employees, CSR initiatives, and adherence to responsible business conduct guidelines. The company also outlined its sustainability goals, such as achieving carbon neutrality by 2035 and net-zero by 2050, and reported supporting over 41.24 lakh beneficiaries through CSR initiatives in FY 2025-26. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTRAL_31072026185455_BRSR.pdf)
- 2026-07-31 — Official Filing: Astral Limited will hold its 30th Annual General Meeting on August 24, 2026, via video conference. The meeting agenda includes adopting the FY 2025-26 financial statements, confirming interim dividends, and declaring final dividends. A key item is the proposed re-appointment of Sandeep Engineer as Managing Director for five years from April 1, 2027, to March 31, 2032, with a monthly remuneration of ₹96,54,515 plus a 1% PBT incentive. The company also seeks ratification of ₹2,75,000 plus taxes for Cost Auditors M/s. V. H. Savaliya & Associates for the FY 2026-27 audit. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTRAL_31072026183158_Notice_of_AGM.pdf)
- 2026-07-31 — Official Filing: Astral Limited has fixed August 14, 2026, as the record date to determine shareholder entitlement for a final dividend of Rs. 2.50 per equity share for the Financial Year 2025-26. This dividend, if declared at the Annual General Meeting, will be paid after August 24, 2026, subject to TDS. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTRAL_31072026185946_Notice_of_Record_Date.pdf)
- 2026-07-29 — Official Filing: Astral Limited's Board of Directors decided on July 29, 2026, to withdraw the Composite Scheme of Arrangement. This decision follows a recommendation from an independent consultant not to proceed with the scheme in its current form, citing the current scale of the Chemical Business. The Board concluded the arrangement may not be in the best interests of the company and its shareholders at this stage, suggesting the demerger of the Chemical Business could be considered later when it achieves greater scale and financial strength. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTRAL_29072026190057_Reg_30_of_BM_Astral.pdf)
- 2026-07-29 — Official Filing: Astral Limited's Board of Directors decided on July 29, 2026, to withdraw the Composite Scheme of Arrangement. This decision follows a recommendation from an independent consultant not to proceed with the scheme in its current form, citing the current scale of the Chemical Business. The Board concluded the arrangement may not be in the best interests of the company and its shareholders at this stage, suggesting the demerger of the Chemical Business could be considered later when it achieves greater scale and financial strength. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTRAL_29072026190321_Reg_30_of_BM_Astral.pdf)
- 2026-07-09 — Official Filing: For the quarter ended June 30, 2026, Astral Limited's Registrar and Share Transfer Agent, Bigshare Services Private Limited, confirmed that Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, is not applicable. This is because the company's entire shareholding is in demat form, and no requests for rematerialization or dematerialization were received during the period. — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTRAL_09072026152828_74_Quarterly_compliance.pdf)

## News and market events

- 2026-09-16 — FREEPRESSJOURNAL.IN: **OpenAI In Talks For Fresh Funding Round At Over $1.2 Trillion Valuation Ahead Of IPO** — OpenAI is reportedly discussing a new funding round that could value the ChatGPT maker above $1.2 trillion ahead of a planned IPO. The fundraising could provide flexibility on listing timelines, support acquisitions and increase investor exposure. The move comes as rival Anthropic also prepares for a potential public offering — [Source](https://www.freepressjournal.in/business/openai-in-talks-for-fresh-funding-round-at-over-12-trillion-valuation-ahead-of-ipo)
- 2026-09-11 — CNBC-TV18: **Sensex ends in red, Nifty Bank rebounds over 900 points: 6 reasons behind today’s move** — The Sensex slipped 121 points to 74,782, while the Nifty fell 80 points to 23,398. The Nifty Bank ended 135 points higher at 56,607, while the Nifty Midcap index declined 160 points to 62,197. — [Source](https://www.cnbctv18.com/market/sensex-ends-in-red-nifty-bank-rebounds-over-900-points-6-reasons-behind-todays-move-19989425.htm)
- 2026-09-03 — Mint: **Plastic pipes makers poised to bounce back in Q2 as PVC prices recover | Stock Market News** — Reinstated import duties and minimum import prices are curbing cheap imports, encouraging dealers to restock and driving volume growth targets for top listed players. — [Source](https://www.livemint.com/market/mark-to-market/plastic-pipe-makers-turnaround-q2-pvc-prices-11788413665939.html)
- 2026-08-31 — CNBC-TV18: **Here's what transpired in today's CAS that triggered a 600-point jump on the Nifty Bank** — At the end of the closing auction session, the turnover logged on the NSE website showed a figure of ₹39,717 crore, the highest since the implementation of CAS. The average daily turnover has ranged between ₹1,000 crore to ₹1,200 crore. — [Source](https://www.cnbctv18.com/market/nifty-bank-sees-sharp-upmove-in-cas-record-nse-turnover-msci-rebalancing-eternal-laurus-icici-axis-adani-share-price-19980557.htm)
- 2026-08-31 — CNBC-TV18: **Eternal shares decline ahead of MSCI rebalancing, inflows worth nearly $700 million expected** — As per Nuvama Alternative and Quantitative Research, as a result of Eternal's weightage being increased in the MSCI Standard Index, it could result in potential inflows of $674 million for 205 million shares. — [Source](https://www.cnbctv18.com/market/eternal-share-price-msci-rebalancing-today-weightage-increase-inflows-impact-2026-returns-19980121.htm)
- 2026-08-26 — Mint: **Buy or sell: Gift Nifty signals gap-up start | Vaishali Parekh recommends three stocks to buy today — 26 August 2026** — Buy or sell indicator: Vaishali Parekh recommends three stocks to buy today — Astral, Sai Life Sciences, and ICICI Bank — [Source](https://www.livemint.com/market/stock-market-news/buy-or-sell-gift-nifty-signals-gap-up-start-vaishali-parekh-recommends-three-stocks-to-buy-today-26-august-2026-11787709370297.html)
- 2026-08-13 — The Hindu: **Hormuz blockade, crude, and CPI keep D-Street on edge** — Market volatility persists as Hormuz blockade, crude prices, and CPI data influence investor sentiment on D-Street. — [Source](https://www.thehindubusinessline.com/markets/hormuz-blockade-crude-and-cpi-keep-d-street-on-edge/article71341083.ece)
- 2026-08-13 — CNBC-TV18: **Sensex vs Nifty: Why did the two benchmarks end in opposite directions today?** — The BSE Sensex closed at 78,080, up 114 points, while the Nifty50 ended at 24,396, down 40 points. The Nifty Bank fell 251 points to 57,635, while the midcap index gained 97 points to 64,122. — [Source](https://www.cnbctv18.com/market/sensex-vs-nifty-why-did-the-two-benchmarks-end-in-opposite-directions-today-19968635.htm)
- 2026-08-13 — The Hindu: **Q1 Results Today Live: TMPV shares gain ahead of Q1 results today, Page Industries, Solar Ind, LG Electronics, Max Healthcare, GIC, Godrej, Jubilant Foodworks, Amber Enterprises, Indraprastha, Brigade, JSW Cement, Honasa to announce Q1 results** — Q1 Results Today, 13th August 2026 Live Updates: Follow Q1FY27 live updates from businessline — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-live-updates-solar-ind-tmpv-lg-electronics-max-healthcare-gic-godrej-ind-jubilant-foodworks-amber-enterprises-brigade-jsw-cement-honasa-consumer-tmcv-hal-results-13-august-2026/article71335955.ece)
- 2026-08-13 — BUSINESS: **Nifty trades below 24,350 mark; media shares rally** — The Nifty traded below the 24,350 mark, while sentiment remained subdued amid a lack of strong directional cues. Investors continued to monitor movements in crude oil prices, Gold and developments on the global geopolitical front for further indications on the market's near-term trajectory. — [Source](https://www.business-standard.com/markets/capital-market-news/nifty-trades-below-24-350-mark-media-shares-rally-126081300570_1.html)
- 2026-08-13 — CNBC-TV18: **Why Lenskart is up and Grasim down so sharply in trade today** — Some Nifty 500 stocks rallied on strong Q1 earnings, while others slipped on regulatory action and mixed results. Here's a look at today's top gainers and losers at market open. — [Source](https://www.cnbctv18.com/photos/market/nifty-500-top-gainers-losers-market-open-lenskart-astral-tata-motors-cv-grasim-sun-tv-19968231.htm)
- 2026-08-13 — BUSINESS: **Astral surges as Q1 PAT rises 48% YoY** — Astral surged 7.31% to Rs 1,565.55 after the company reported strong financial performance for Q1 FY27. — [Source](https://www.business-standard.com/markets/capital-market-news/astral-surges-as-q1-pat-rises-48-yoy-126081300512_1.html)
- 2026-08-13 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty below 24,350; Astral shares up 8%** — Sensex Today | Stock Market LIVE Updates: The markets are under pressure again, as the Nifty index falls close to 100 points, falling below 24,350. The Nifty bank index is taking a heavier blow, down over 300 points. Grasim, Ultratech and Hindalco are the top laggards. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-expiry-today-nifty-50-msci-gcpl-lg-tata-motors-lenskart-laurus-adani-ashok-leyland-share-price-liveblog-19968111.htm)
- 2026-08-13 — BUSINESS: **Astral Ltd Spurts 2.31%** — Astral Ltd has added 9.94% over last one month compared to 2.91% gain in BSE Capital Goods index and 1.37% rise in the SENSEX — [Source](https://www.business-standard.com/markets/capital-market-news/astral-ltd-spurts-2-31-126081300494_1.html)
- 2026-08-13 — CNBC-TV18: **Q1 Results LIVE Updates: Lenskart Solutions, VIP Industries shares up 3% each; Tata Motors PV, LG report today** — Q1 Results LIVE Updates: Tata Motors PV, Page Industries, JSW Cement, Aditya Birla Real Estate, Avanti Feeds, Dreamfolks, Godrej Industries, IGL, Indigo Paints, IPCA Labs, Jubilant Foodworks, LG Electronics India, Max Financial Services, Olectra Industries, VST Tillers, Welspun Living, Solar Industries, are among the companies reporting their first quarter earnings today. Earnings reactions also come from Tata Motors CV, Lenskart, Apollo Hospitals among many other stocks. Watch this space for all the LIVE Q1 result updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-today-tata-motors-page-industries-abrel-jsw-cement-lenskart-petronet-astral-igl-ipca-share-price-liveblog-19968129.htm)

## Business profile

**Strategic vision:** Manufactures and sells building materials and home improvement products.

### Business segments
- **Astral Pipes:** Offers a comprehensive range of plumbing and drainage systems, including PVC, CPVC, and lead-free PVC pipes and fittings, as well as agriculture, fire sprinkler, and industrial piping systems.
- **Astral Adhesives:** Provides a variety of adhesives, sealants, specialized valves, and construction chemicals for building and infrastructure applications.
- **Astral Paints:** Offers decorative, industrial, and protective paint solutions, including emulsions, primers, and wall putty, alongside D2C brands and flooring solutions.
- **Astral Bathware:** Focuses on manufacturing premium and mid-range bathware products, including toilet seats, wash basins, faucets, and diverters.

### Competitive strengths
- Product innovation in piping systems
- Diversified product portfolio in building materials
- Established manufacturing and distribution networks

## Related stocks

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- [CEMPRO (Engineering & Capital Goods)](https://faxioms.com/stocks/cempro) — +0.23%
- [CIEINDIA (Engineering & Capital Goods)](https://faxioms.com/stocks/cieindia) — +0.32%
- [CUMMINSIND (Engineering & Capital Goods)](https://faxioms.com/stocks/cumminsind) — +1.59%

## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/astral
Markdown representation: https://faxioms.com/stocks/astral?render=md