Check Before You Invest : Astral Ltd

Q: Which industry/sub-sector does Astral Ltd belong to?

Astral Ltd belongs to the Chemicals & Fertilizers sector, operating specifically within the Plastic Products segment.

Q: Is Astral Ltd a good quality company?

Astral Ltd is a good quality company, based on a consistently good multi-year financial track record. This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q: Is Astral Ltd undervalued or overvalued?

Astral Ltd appears Fair, as its key valuation ratios are in line with their past averages. Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more. Valuation Ratios. Price to Earnings, Current: 83.85, Historic Median: 89.18. Price to Book, Current: 10.86, Historic Median: 15.40. Price to Sales, Current: 6.84, Historic Median: 8.36. EV to EBITDA, Current: 40.96, Historic Median: 49.15

Q: Is Astral Ltd a good buy now?

Astral Ltd is a neutral opportunity now, based on stable price trend analysis suggesting prices may move sideways. However, you need to check its quality and valuation before making a decision

Q: Revenue growth of Astral Ltd?

Astral Ltd revenue growth is 3.4% for FY-2025, which is below its 5-year CAGR of 17.74%, indicating slower growth.

Q: Gross Profit margin of Astral Ltd?

Astral Ltd Gross profit margin which is the profit after deduction of direct costs, is 16.2% for FY-2025, which is in line with its 5-year median of 16.5%, indicating stable margins.

Q: Operating Profit Margin of Astral Ltd?

Astral Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 16.22% for FY-2025, which is in line with its 5-year median of 16.39% indicating stable margins.

Q: Net Profit Margin of Astral Ltd?

Astral Ltd Net Profit Margin is 8.9% for FY-2025, is below its 5-year median of 9.67%, indicating decreasing margins. Profitability Metrics. Gross Profit Margin (%), Current: 16.2, Historic Median: 16.5. Operating Profit Margin (%), Current: 16.22, Historic Median: 16.39. Net Profit Margin (%), Current: 8.9, Historic Median: 9.67

Q: Return on Asset of Astral Ltd?

Astral Ltd Return on Asset is 10.87%, which is below its 5-year historical median of 12.32%, indicating deteriorated asset utilization efficiency.

Q: Return on capital employed (ROCE) of Astral Ltd?

Astral Ltd Return on capital employed is 21.12% for FY-2025, which is below its 5-year historical median of 25.16%. The current ROCE is above its estimated weighted average cost of capital (WACC) of 11.25%, indicating value creation.

Check Before You Invest : Astral Ltd

Snapshot

Q.1 Which industry/sub-sector does Astral Ltd belong to?

Astral Ltd belongs to the Chemicals & Fertilizers sector, operating specifically within the Plastic Products segment.

Q.2 Is Astral Ltd a good quality company?

Astral Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is Astral Ltd undervalued or overvalued?

Astral Ltd appears Fair, as its key valuation ratios are in line with their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios	Current	5-year Historic Median
Price to Earnings	83.85	89.18
Price to Book	10.86	15.40
Price to Sales	6.84	8.36
EV to EBITDA	40.96	49.15

Q.4 Is Astral Ltd a good buy now?

Astral Ltd is a neutral opportunity now, based on stable price trend analysis suggesting prices may move sideways. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of Astral Ltd?

Astral Ltd revenue growth is 3.4% for FY-2025, which is below its 5-year CAGR of 17.74%, indicating slower growth.

Q.2 Gross Profit margin of Astral Ltd?

Astral Ltd Gross profit margin which is the profit after deduction of direct costs, is 16.2% for FY-2025, which is in line with its 5-year median of 16.5%, indicating stable margins.

Q.3 Operating Profit Margin of Astral Ltd?

Astral Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 16.22% for FY-2025, which is in line with its 5-year median of 16.39% indicating stable margins.

Q.4 Net Profit Margin of Astral Ltd?

Astral Ltd Net Profit Margin is 8.9% for FY-2025, is below its 5-year median of 9.67%, indicating decreasing margins.

	Current Level	5-year Historic Median
Gross Profit Margin (%)	16.2	16.5
Operating Profit Margin (%)	16.22	16.39
Net Profit Margin (%)	8.9	9.67

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of Astral Ltd?

Astral Ltd Return on Asset is 10.87%, which is below its 5-year historical median of 12.32%, indicating deteriorated asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of Astral Ltd?

Astral Ltd Return on capital employed is 21.12% for FY-2025, which is below its 5-year historical median of 25.16%. The current ROCE is above its estimated weighted average cost of capital (WACC) of 11.25%, indicating value creation.

Q.7 Return on Equity (ROE) of Astral Ltd?

Astral Ltd Return on equity is 15.26% for FY-2025, which is below its 5-year historical median of 18.52%, indicating the business is making worse use of its shareholders capital.

Q.8 Cash conversion cycle of Astral Ltd?

Astral Ltd Cash conversion cycle is 41 days, in line with its 5-year historical median of 39 days, indicating stable working capital management. However, you need to compare this with its peers in the industry.

	Current Level	5-year Historic Median
Asset Turnover (x)	1.22	1.28
ROE (%)	15.26	18.52
ROCE (%)	21.12	25.16
Cash Conversion Cycle	41 days	39 days

C: How much debt does the business have and is it at a sustainable level?

Q.9 Debt to Equity ratio of Astral Ltd?

Astral Ltd Debt-to-Equity ratio is 0.04, which is lower the industry average of 0.25, indicating lower debt levels in the industry.

Q.10 Debt to cash flow from operations of Astral Ltd?

Astral Ltd Debt to cash flow from operations is 0.23, which is at a healthy level.

Ownership & governance

D: Promoter shareholding and pledge status of Astral Ltd?

Q.1 Promoter shareholding and pledge status of Astral Ltd?

Promoters hold 54.22% of the Astral Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does Astral Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Astral Ltd vs industry peers?

Astral Ltd revenue CAGR is 17.74%, compared to the industry median CAGR of 15.69%, indicating faster growth and gaining its market share.

Profit Metrics

	Current Level	5-year Industry Median
Revenue Growth (%)	3.4	15.7
Gross Profit Growth (%)	1.6	15.2
Operating Profit Growth (%)	3.1	13.9
Net Profit Growth (%)	-5	15.6

Operating Efficiency

	Current Level	5-year Industry Median
Asset Turnover (x)	1.22	1.43
ROE (%)	15.26	20.51
ROCE (%)	21.12	27.53
Cash Conversion Cycle (days)	41.14	34

Valuation & price assessment

Q.1 Stock return of Astral Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 23.2% based on the current price.

	9Y	5Y	3Y	1Y
Share Price CAGR	23.2%	5.8%	0.5%	23.1%

Q.2 Valuation ratios of Astral Ltd vs historical?

The current P/E ratio of 83.85 is lower than its historical median of 89.18, indicating that the stock is trading below its historical average valuation.

Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?

Valuation Ratios	Current	5-year Historic Median	5-year Industry Median
Price to Earnings	83.85	89.18	22.05
Price to Book	10.86	15.40	1.89
Price to Sales	6.84	8.36	1.33
EV to EBITDA	40.96	49.15	10.86

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Check Before You Invest : Astral Ltd

Snapshot

Performance Analysis

Ownership & governance

Peer comparison (industry-wise, mcap)

Profit Metrics

Operating Efficiency

Valuation & price assessment

Check more companies

Check trending companies

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