AI Summary
✦ ClarthaAstral Limited is an industrial building-products manufacturer producing pipes, fittings, water tanks, adhesives, and sealants. Plumbing remains the core revenue engine, while paints and adhesives add exposure to construction and maintenance demand. Its portfolio spans sewerage, drainage, agriculture, industrial piping, fire protection, bathware, and water-storage systems. Revenue grew 12.6% year-on-year, but profit increased only 2.4%, indicating limited earnings conversion despite stable reported margins. ROE is 13.8%, but debt/equity of 6.17 implies significant leverage amplifies shareholder returns and increases financial risk. The mismatch between revenue and profit growth suggests cost, interest, or mix pressures warrant monitoring. At 72.5 times earnings, Astral trades at a rich valuation and a substantial premium to its growth rate. Positive sentiment does not offset the open question around profit conversion and balance-sheet leverage. The cited recent defence-order developments concern Apollo Micro Systems, not Astral, and therefore provide no relevant operating catalyst.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 29 analysts
Fundamentals
Fundamentals institutional score is 72 using EVA spread proxy 1.8%; growth durability 87.0.
Valuation
Valuation institutional score is 92 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 74 using mean target upside 19.6%; dispersion penalty 12.3; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 82 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 10 recent ticker-linked news items.
Signal Summary
Market intelligence remains Supportive. fundamentals and valuation provide support.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 10.8% below historical median. Valuation is stable — currently in the strongly undervalued zone (z-score: -0.88). Confidence: 83%.
Live forward EPS implies next-12-month EPS of ₹33.42. Applying the stock's normalized valuation corridor produces a fair range of ₹2,437.32 to ₹3,212.66, with base value near ₹2,715.04 (+88.9% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹33.42
Forward P/E
43.0x
Base Fair Value
₹2,715.04
Fair Range
₹2,437.32 - ₹3,212.66
Upside To Base
+88.9%
Estimate Source
Live forward EPS
Growth Estimate
+18.8%
5Y Average
81.77
Current
72.45
Overvalued
96.13
Undervalued
72.93
5Y Average
41.94
Current
36.98
Overvalued
47.01
Undervalued
36.99
5Y Average
10.49
Current
9.51
Overvalued
12.07
Undervalued
8.92
Peers & Comparison
Sector: Industrials · Theme: Building Products - Pipes
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
EXIDE INDUSTRIES LTD EXIDEINDBatteries | +17.7% | 4.9% | 44.2x Fair | -7% vs avg | +29.7% |
CG POWER AND IND SOL LTD CGPOWERHeavy Electrical Equipments | +14.0% | 9.8% | 111.1x Premium | +135% vs avg | +32.2% |
DABUR INDIA LTD DABURFMCG - Personal Products | +10.6% | 14.6% | 37.3x Undervalued | -21% vs avg | -19.6% |
DR. REDDY S LABORATORIES DRREDDYPharmaceuticals | -5.6% | 10.0% | 29.2x Undervalued | -38% vs avg | -3.9% |
STEEL AUTHORITY OF INDIA SAILBuilding Products - Pipes | +1.3% | 3.8% | 16.7x Undervalued | -65% vs avg | +45.1% |
BSE LIMITED BSEStock Exchanges & Ratings | +64.0% | 48.9% | 52.3x Fair | +11% vs avg | +44.3% |
APOLLO HOSPITALS ENTER. L APOLLOHOSPHospitals & Diagnostic Centres | +18.1% | 7.7% | 66.0x Premium | +40% vs avg | +23.2% |
HERO MOTOCORP LIMITED HEROMOTOCOTwo Wheelers | +34.9% | 10.7% | 21.5x Undervalued | -55% vs avg | +25.5% |
ASTRAL LIMITED trades at a premium (72.1x vs peer avg 47.3x), implying higher growth or quality expectations from the Building Products - Pipes cohort. Peers include EXIDE INDUSTRIES LTD, CG POWER AND IND SOL LTD, DABUR INDIA LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹1.90K CrMar 2026Latest net profit
₹238 CrMar 2026Latest EPS
₹8.85Mar 2026Net margin
20.0%Mar 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Mar 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,361 | 1,149 | 1,223 | 1,243 | 1,488 | 1,253 | 1,230 | 1,270 | 1,542 | 1,207 | 1,416 | 1,382 | 1,903 |
| Expenses + | 1,065 | 963 | 1,016 | 1,045 | 1,207 | 1,044 | 1,024 | 1,049 | 1,243 | 1,028 | 1,160 | 1,142 | 1,517 |
| Operating Profit | 296 | 186 | 208 | 198 | 281 | 209 | 206 | 222 | 300 | 180 | 256 | 240 | 386 |
| OPM % | 22% | 16% | 17% | 16% | 19% | 17% | 17% | 17% | 19% | 15% | 18% | 17% | 20% |
| Other Income + | 5 | 13 | 8 | 8 | 10 | 12 | 13 | 8 | 11 | 15 | 12 | -4 | 16 |
| Interest | 2 | 4 | 6 | 5 | 6 | 5 | 7 | 11 | 7 | 9 | 13 | 9 | 21 |
| Depreciation | 36 | 36 | 38 | 40 | 42 | 44 | 47 | 50 | 51 | 56 | 56 | 57 | 57 |
| Profit before tax | 264 | 160 | 171 | 161 | 243 | 172 | 165 | 169 | 252 | 130 | 200 | 170 | 323 |
| Tax % | 26% | 26% | 25% | 25% | 25% | 26% | 26% | 26% | 25% | 26% | 25% | 25% | 26% |
| Net Profit + | 197 | 119 | 128 | 120 | 183 | 128 | 122 | 126 | 190 | 97 | 150 | 127 | 238 |
| EPS in Rs | 7.32 | 4.44 | 4.77 | 4.47 | 6.82 | 4.77 | 4.55 | 4.69 | 7.07 | 3.60 | 5.58 | 4.72 | 8.85 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Board Meeting Intimation for Inter Alia, To Consider And Approve The Unaudited (Standalone And Consolidated) Financial Results Of The Company For The Quarter Ended 30Th June, 2026.