Astral Ltd.
NSE: ASTRALAstral Ltd.: A 30-second snapshot
Astral Ltd, classified in the Infrastructure sector, trades at ₹1,533 with a trailing PE of 76.5 and a forward PE of 45.5, reflecting market pricing for substantially higher earnings ahead. Five-year revenue CAGR of 24.2% demonstrates strong top-line growth, but debt-to-equity of 6.168 is rising and ROE of 13.8% has exceeded 15% in only 2 of the available historical years. The stock is 2.4% below its 50-DMA and down 7.87% over three months, with a 52-week drawdown of 13.32%.
P/E
76.5
Forward P/E
45.5
ROE
+13.8%
Debt / Equity
6.17
Profit Margin
+8.2%
Div. Yield
+0.2%
5Y ROE > 15%
2/5
5Y FCF > 0
4/5
Quality
53/100
News
8 headlines · 4 positive · 2 negative
Astral Ltd Standalone March 2026 Net Sales at Rs 1,902.80 crore, up 23.37% Y-o-Y - Moneycontrol.com
Moneycontrol.com
Astral Q4 FY26 Revenue Surges 24%; Profit Grows 20% On Strong Demand - Whalesbook
Whalesbook
Astral Q4 profit rises 20%, but misses estimates across metrics; dividend declared - CNBC TV18
CNBC TV18
Astral Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026 - marketscreener.com
marketscreener.com
Astral Ltd Consolidated March 2026 Net Sales at Rs 2,088.50 crore, up 24.21% Y-o-Y - Moneycontrol.com
Moneycontrol.com
Recent context
- ·Q4 FY26 consolidated revenue grew 24.21% YoY to ₹2,088.5 crore while profit rose approximately 20%, but CNBC TV18 reported the results missed analyst estimates across metrics, and a dividend was declared.
- ·News flow over the past two weeks is net positive (4 positive, 2 neutral, 2 negative across 8 articles), with coverage centred on the Q4 results print rather than any strategic or regulatory developments.
- ·The 3-month price decline of 7.87% and current position 2.4% below the 50-DMA (₹1,570) follow the results period, with nearest support at ₹1,520.6 and resistance levels at ₹1,661.5 and ₹1,768.7.
Strengths
- +5-year revenue CAGR of 24.2% and earnings CAGR of 18.9% demonstrate sustained top-line and bottom-line expansion over the medium term.
- +Q4 FY26 standalone net sales of ₹1,902.8 crore rose 23.37% YoY and consolidated net sales of ₹2,088.5 crore rose 24.21% YoY, extending the growth trend into the most recent reported quarter.
- +FCF was positive in 4 of available historical years, and price remains above the 200-DMA (₹1,493), preserving the long-term uptrend line.
- +Forward PE of 45.5 represents a 40.5% discount to the trailing PE of 76.5, with mean analyst rating of 1.52 across 29 analysts (1–5 scale, lower = more constructive).
Weaknesses
- −Debt-to-equity of 6.168 with a rising debt trend is elevated for a building-materials manufacturer; FCF consistency score is 45 out of 100, reflecting irregular free cash generation.
- −ROE of 13.8% has cleared the 15% threshold in only 2 of available historical years, and the quality score of 45 ranks 4th of 6 among visible Infrastructure sector peers.
- −Q4 FY26 results missed analyst estimates across multiple metrics despite headline profit growth of 20%, per CNBC TV18 reporting, introducing uncertainty about earnings quality.
- −Trailing PE of 76.5 is the third-highest among the 6 visible sector peers; the forward PE of 45.5 embeds a sharp earnings-recovery assumption that any shortfall could pressure.
Open questions
- ?Does the rising debt trend reflect deliberate expansion investment with a clear payback timeline, or ongoing working-capital pressure?
- ?How much of the 5-year revenue CAGR of 24.2% is attributable to volume growth versus pricing, and how durable is each component given current infrastructure demand cycles?
- ?Given that Q4 FY26 missed estimates despite 20-24% revenue growth, what specific line items drove the shortfall and how do they affect the earnings-acceleration assumption embedded in the forward PE of 45.5?
- ?How does Astral's ROE trajectory compare to sector peers such as CUMMINSIND (ROE 29.46%) and BEL (ROE 27.56%), and what structural factors explain the persistent gap?
Peer comparison: Infrastructure
Ranks 4 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| ASTRAL | Astral Ltd.You're viewing | 76.5 | +13.8% | 45 |
| Industry avg | across 5 peers | 72.4 | +23.4% | 47 |
| CUMMINSIND | Cummins India Ltd. | 66.6 | +29.5% | 69 |
| BEL | Bharat Electronics Ltd. | 49.1 | +27.6% | 49 |
| ABB | ABB India Ltd. | 95.9 | — | 47 |
| CGPOWER | CG Power and Industrial Solutions Ltd. | 116.0 | +19.6% | 45 |
| LT | Larsen & Toubro Ltd. | 34.3 | +16.9% | 24 |
Technical state
Current price
₹1,533.10
SMA 50
₹1,570.18
SMA 200
₹1,492.94
RSI (14)
47.4 (neutral)
From 52w high
-13.3%
1Y return
+1.6%
3M return
-7.9%
50-DMA
Below
200-DMA
Above
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highDebt-to-equity of 6.168 with a rising debt trend is substantially elevated for a building-materials/pipes manufacturer; FCF was positive in only 4 of available years and the consistency score stands at 45 out of 100, flagging questions about capital discipline.
- highROE of 13.8% cleared the 15% threshold in only 2 of available years, and quality score of 45 ranks 4th of 6 among Infrastructure sector peers (behind CUMMINSIND at 69, BEL at 49, ABB at 47); trailing PE of 76.5 and forward PE of 45.5 embed a significant earnings-acceleration assumption.
- medium5-year revenue CAGR of 24.2% outpaces 5-year earnings CAGR of 18.9%; profit margin is 8.17%, and Q4 FY26 results missed analyst estimates across metrics per CNBC TV18, despite reported 20% profit growth.
- mediumPrice of ₹1,533 sits 2.4% below the 50-DMA (₹1,570) though remains 2.7% above the 200-DMA (₹1,493); 3-month price change is -7.87% and 52-week drawdown is -13.32%; nearest support at ₹1,520.6 is less than 1% below current price.
Cross-section contradictions
- Q4 FY26 revenue grew 23-24% YoY and news sentiment is net positive (4 positive vs 2 negative), yet 1-year price change is only 1.62% and the 3-month change is -7.87%, suggesting the strong top-line print has not translated into price momentum.
- Forward PE of 45.5 represents a significant compression from trailing PE of 76.5, implying the market is pricing in a sharp earnings acceleration, while the 5-year earnings CAGR of 18.9% and a recent estimate miss create uncertainty about whether that acceleration will materialise.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 1 Jun 2026 · rotates through NIFTY 500 every ~5 days