Astral reports 15.9 percent revenue growth. Astral stock sits 19.02 percent below its high

Published on 10/20/2026 at 00:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Astral reported INR 15.78 billion revenue for the June 2026 quarter, up 15.9 percent year on year. Astral stock sits 19.02 percent below its high.

Growth and valuation markers

Astral reported INR 15.78 billion in quarterly revenue on October 7, 2026, up 15.9 percent year on year.
Anand Rathi Research kept its INR 1,650 target and HOLD rating in its August 13, 2026 update.
Astral stock traded at INR 1,432.40 on October 19, 2026, while its market capitalization was INR 383.6 billion.

Astral, INE006I01046, Illustration mit AI erstellt.

Astral Limited (ISIN INE006I01046) reported consolidated revenue of INR 15.78 billion for the quarter ended June 30, 2026, an increase of 15.9 percent from the same period a year earlier. The October 7 update also showed consolidated EBITDA rising 25.8 percent to INR 2.44 billion and profit after tax reaching INR 1.20 billion, according to WittyTrades.

Results broaden the growth case

The figures give Astral a stronger earnings base for its expansion in pipes, adhesives, paints and specialty chemicals. The company says it operates across these building-material categories, with CPVC piping remaining a core business, according to its investor-relations page.

The comparison is mixed rather than uniformly positive. Revenue grew year on year, but the quarter was 5.2 percent below Anand Rathi Research's estimate of INR 16.65 billion. Reported profit after tax still increased 51.8 percent year on year, while adjusted profit after tax rose 43.4 percent, according to DSIJ.

What supports the next phase?

Management reiterated fiscal 2027 guidance for at least double-digit pipe-volume growth and a plumbing EBITDA margin of 16 to 18 percent. The 40,000 metric-ton-per-year Phase I CPVC resin project is expected to reach commissioning in the third quarter of fiscal 2027, with trial runs expected in the fourth quarter.

Three dated company markers

On August 12, 2026, Astral released results for the June quarter with INR 15.78 billion of revenue. On August 25, 2026, it submitted revised voting results after its annual meeting and confirmed the INR 2.50 per-share final dividend. On October 7, 2026, the company update again highlighted 15.9 percent revenue growth and a 25.8 percent EBITDA increase.

Stock stays below its yearly high

Astral traded at INR 1,432.40 on the NSE on October 19, 2026. The NSE identifies Astral as a listed company in the Plastic Products - Industrial category and shows a 52-week range of INR 1,311.60 to INR 1,768.70, leaving the stock 19.02 percent below the high.

For valuation context, Anand Rathi Research maintained a HOLD rating and an INR 1,650 target in its August 13, 2026 report. The broker cited a full valuation despite its expected earnings trajectory, while its target stood 15.18 percent above the reported NSE price of INR 1,432.40.

Dates and investor markers

The latest documented reporting date was August 12, 2026, while the October 7 operating update supplied the newest dated company context. Astral's market capitalization was INR 383.6 billion as of October 19, 2026.