Astral (ASTRAL)₹1,273+1.02%Plastic Products - Industrial
In the Jun 2026 quarter (consolidated), Astral reported sales of ₹1,579 Cr, up 16.1% from Jun 2025, and net profit of ₹120 Cr, up 51.7% year on year. For the year to Mar 2026, sales were ₹6,568 Cr and net profit ₹536 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,363 | 1,371 | 1,625 | 1,383 | 1,370 | 1,396 | 1,682 | 1,360 | 1,577 | 1,541 | 2,088 | 1,579 |
| Expenses | 1,143 | 1,165 | 1,334 | 1,168 | 1,160 | 1,179 | 1,380 | 1,175 | 1,321 | 1,304 | 1,706 | 1,347 |
| Operating Profit | 221 | 206 | 292 | 215 | 211 | 220 | 303 | 186 | 258 | 238 | 384 | 232 |
| OPM % | 16.0% | 15.0% | 18.0% | 16.0% | 15.0% | 16.0% | 18.0% | 14.0% | 16.0% | 15.0% | 18.0% | 15.0% |
| Other Income | 12.94 | 5.97 | 9.96 | 11.96 | 8.96 | 11.94 | 8.96 | 8.97 | 10.96 | −6.97 | 10.96 | 12.94 |
| Interest | 8.01 | 8.01 | 8.01 | 8.01 | 10.01 | 14.02 | 10.01 | 12.02 | 16.02 | 13.02 | 24.02 | 6.01 |
| Depreciation | 48.79 | 49.79 | 51.79 | 55.78 | 59.82 | 62.79 | 64.79 | 71.77 | 71.75 | 72.78 | 73.78 | 74.71 |
| Profit before tax | 177 | 154 | 241 | 163 | 149 | 154 | 236 | 110 | 180 | 144 | 297 | 163 |
| Tax % | 26.0% | 26.0% | 25.1% | 27.0% | 27.0% | 27.0% | 25.0% | 28.0% | 25.0% | 25.1% | 28.0% | 26.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −12.04 | −4.01 | 0.00 |
| Net Profit | 132 | 113 | 181 | 120 | 109 | 113 | 178 | 79.16 | 135 | 108 | 213 | 120 |
| EPS (Rs) | 4.86 | 4.21 | 6.74 | 4.47 | 4.07 | 4.23 | 6.64 | 3.01 | 5.00 | 4.00 | 7.90 | 4.45 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,678 | 1,895 | 2,072 | 2,507 | 2,578 | 3,177 | 4,393 | 5,156 | 5,641 | 5,835 | 6,568 | 6,785 |
| Expenses | 1,471 | 1,634 | 1,759 | 2,125 | 2,135 | 2,540 | 3,641 | 4,349 | 4,716 | 4,887 | 5,507 | 5,679 |
| Operating Profit | 209 | 262 | 315 | 383 | 443 | 640 | 756 | 812 | 928 | 949 | 1,066 | 1,111 |
| OPM % | 12.0% | 14.0% | 15.0% | 15.0% | 17.0% | 20.0% | 17.0% | 16.0% | 16.0% | 16.0% | 16.0% | 16.4% |
| Other Income | −3.98 | 7.97 | 12.96 | 14.94 | 10.95 | 24.92 | 34.87 | 36.86 | 35.87 | 40.84 | 24.90 | 27.89 |
| Interest | 30.01 | 18.02 | 22.02 | 32.03 | 39.01 | 13.01 | 13.01 | 40.05 | 29.02 | 41.06 | 64.04 | 59.07 |
| Depreciation | 41.82 | 49.84 | 56.79 | 80.67 | 108 | 116 | 126 | 177 | 197 | 242 | 291 | 293 |
| Profit before tax | 132 | 201 | 248 | 283 | 306 | 533 | 648 | 628 | 734 | 702 | 731 | 784 |
| Tax % | 22.0% | 28.0% | 29.0% | 30.0% | 18.0% | 23.0% | 24.0% | 25.0% | 26.1% | 26.0% | 27.0% | — |
| Exceptional items | 0.00 | 0.00 | 1.01 | 0.00 | 1.01 | 3.01 | 6.02 | 5.02 | 13.05 | 29.11 | 5.01 | −16.05 |
| Net Profit | 102 | 145 | 176 | 197 | 250 | 409 | 491 | 473 | 547 | 520 | 536 | 577 |
| EPS (Rs) | 3.78 | 5.42 | 6.55 | 7.33 | 9.21 | 15.05 | 17.98 | 16.95 | 20.27 | 19.42 | 19.90 | 21.35 |
| Dividend payout % | 5.0% | 5.0% | 4.0% | 4.0% | 6.0% | 10.0% | 12.0% | 21.0% | 18.0% | 19.1% | 13.1% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12.02 | 12.02 | 12.01 | 12.02 | 12.01 | 15.00 | 20.04 | 20.03 | 27.03 | 27.00 | 27.03 | 27.04 |
| Reserves | 606 | 695 | 833 | 1,004 | 1,263 | 1,485 | 1,874 | 2,312 | 2,676 | 3,152 | 3,583 | 4,024 |
| Borrowings | 202 | 197 | 228 | 189 | 274 | 190 | 79.92 | 97.69 | 86.75 | 119 | 233 | 249 |
| Other Liabilities | 346 | 399 | 388 | 470 | 549 | 598 | 700 | 957 | 1,572 | 1,194 | 1,204 | 1,488 |
| Total Liabilities | 1,165 | 1,301 | 1,461 | 1,675 | 2,098 | 2,289 | 2,674 | 3,387 | 4,361 | 4,492 | 5,046 | 5,789 |
| Fixed Assets | 557 | 645 | 740 | 842 | 1,105 | 1,254 | 1,315 | 1,496 | 1,951 | 2,297 | 2,712 | 2,937 |
| CWIP | 27.01 | 15.02 | 25.01 | 73.06 | 81.02 | 44.01 | 57.06 | 123 | 126 | 151 | 116 | 94.04 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 582 | 641 | 695 | 759 | 912 | 991 | 1,302 | 1,768 | 2,284 | 2,044 | 2,218 | 2,756 |
| Inventories | 266 | 278 | 273 | 358 | 397 | 541 | 473 | 734 | 876 | 915 | 1,013 | 1,119 |
| Trade receivables | 233 | 227 | 338 | 307 | 339 | 228 | 277 | 269 | 354 | 376 | 435 | 475 |
| Cash & equivalents | 11.98 | 49.91 | 17.98 | 43.91 | 97.79 | 130 | 476 | 641 | 681 | 609 | 607 | 941 |
| Total Assets | 1,165 | 1,301 | 1,461 | 1,675 | 2,098 | 2,289 | 2,674 | 3,387 | 4,361 | 4,492 | 5,046 | 5,789 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 117 | 227 | 114 | 283 | 343 | 406 | 665 | 545 | 558 | 826 | 631 | 1,119 |
| Cash from investing activity | −342 | −202 | −158 | −184 | −290 | −317 | −452 | 71.73 | −477 | −539 | −511 | −504 |
| Cash from financing activity | 238 | 16.07 | 12.04 | −71.23 | −5.02 | −164 | −154 | −44.19 | −192 | −203 | −118 | −330 |
| Net cash flow | 11.03 | 38.10 | −32.11 | 25.06 | 46.14 | −75.17 | 57.14 | 573 | −112 | 80.22 | −1.01 | 283 |
| Capex | 86.28 | 136 | 160 | 189 | 226 | 218 | 173 | 347 | 312 | 555 | 547 | 460 |
| Free cash flow | 31.89 | 90.68 | −44.88 | 97.66 | 122 | 191 | 491 | 197 | 246 | 272 | 89.70 | 659 |
| CFO / OP % | 85.0% | 122.9% | 59.9% | 110.0% | 109.9% | 109.9% | 121.9% | 93.9% | 89.0% | 108.0% | 84.9% | 122.9% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 59 | 48 | 64 | 53 | 48 | 31 | 31 | 21 | 24 | 23 | 26 | 25 |
| Inventory days | 92 | 84 | 76 | 94 | 88 | 124 | 88 | 91 | 96 | 100 | 109 | 107 |
| Days payable | 94 | 97 | 81 | 93 | 87 | 110 | 97 | 94 | 89 | 96 | 93 | 111 |
| Cash conversion cycle | 59 | 37 | 60 | 55 | 50 | 46 | 22 | 19 | 32 | 28 | 43 | 22 |
| Working capital days | 65 | 31 | 40 | 38 | 28 | 43 | 13 | 14 | 18 | 17 | 26 | 12 |
| ROCE % | 21.1% | 18.1% | 22.0% | 23.1% | 23.0% | 21.0% | 29.0% | 29.0% | 24.0% | 23.0% | 20.0% | 19.0% |
For the Jun 2026 quarter, Astral reported sales of ₹1,579 Cr, up 16.1% year on year and net profit of ₹120 Cr, up 51.7% year on year. The operating margin was 15.0%.
Astral's sales for the year to Mar 2026 were ₹6,568 Cr; over the last twelve months they were ₹6,785 Cr.
Net profit for the year to Mar 2026 was ₹536 Cr, and ₹577 Cr over the last twelve months. Earnings per share over the same trailing period were ₹21.35.
Astral reported borrowings of ₹249 Cr at Mar 2026, against cash and equivalents of ₹941 Cr.
Cash from operations was ₹1,119 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹659 Cr.