Astral Poly Technik Limited, together with its subsidiaries, manufactures and markets pipes, fittings, and adhesive products in India and internationally.
Flawless balance sheet with solid track record.
Share Price & News
How has Astral Poly Technik's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532830's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 532830 exceeded the Indian Building industry which returned -30.7% over the past year.
Return vs Market: 532830 matched the Indian Market which returned -14.8% over the past year.
Price Volatility Vs. Market
How volatile is Astral Poly Technik's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StWhere Astral Poly Technik Limited (BOM:532830) Stands In Terms Of Earnings Growth Against Its Industry
2 years ago | Simply Wall StMay Top Growth Stocks To Invest In
2 years ago | Simply Wall StMay Top Growth Stocks To Invest In
Is Astral Poly Technik undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 532830 (₹914.65) is trading above our estimate of fair value (₹167.11)
Significantly Below Fair Value: 532830 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 532830 is poor value based on its PE Ratio (55.6x) compared to the Building industry average (9.5x).
PE vs Market: 532830 is poor value based on its PE Ratio (55.6x) compared to the Indian market (10.6x).
Price to Earnings Growth Ratio
PEG Ratio: 532830 is poor value based on its PEG Ratio (5.4x)
Price to Book Ratio
PB vs Industry: 532830 is overvalued based on its PB Ratio (9.2x) compared to the IN Building industry average (0.7x).
How is Astral Poly Technik forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 532830's forecast earnings growth (10.4% per year) is above the savings rate (7.2%).
Earnings vs Market: 532830's earnings (10.4% per year) are forecast to grow slower than the Indian market (18.4% per year).
High Growth Earnings: 532830's earnings are forecast to grow, but not significantly.
Revenue vs Market: 532830's revenue (7.6% per year) is forecast to grow faster than the Indian market (7.1% per year).
High Growth Revenue: 532830's revenue (7.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 532830's Return on Equity is forecast to be low in 3 years time (13.4%).
How has Astral Poly Technik performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532830 has high quality earnings.
Growing Profit Margin: 532830's current net profit margins (9.6%) are higher than last year (7.8%).
Past Earnings Growth Analysis
Earnings Trend: 532830's earnings have grown significantly by 24.2% per year over the past 5 years.
Accelerating Growth: 532830's earnings growth over the past year (26.5%) exceeds its 5-year average (24.2% per year).
Earnings vs Industry: 532830 earnings growth over the past year (26.5%) exceeded the Building industry 1.2%.
Return on Equity
High ROE: 532830's Return on Equity (16.4%) is considered low.
How is Astral Poly Technik's financial position?
Financial Position Analysis
Short Term Liabilities: 532830's short term assets (₹9.6B) exceed its short term liabilities (₹6.1B).
Long Term Liabilities: 532830's short term assets (₹9.6B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 532830's debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: 532830's debt to equity ratio has reduced from 31.4% to 8.4% over the past 5 years.
Debt Coverage: 532830's debt is well covered by operating cash flow (319.2%).
Interest Coverage: 532830's interest payments on its debt are well covered by EBIT (15.9x coverage).
What is Astral Poly Technik's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 532830's dividend (0.11%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.79%).
High Dividend: 532830's dividend (0.11%) is low compared to the top 25% of dividend payers in the Indian market (3.23%).
Stability and Growth of Payments
Stable Dividend: 532830 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: 532830 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 532830 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 532830's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Sandeep Engineer (58yo)
Mr. Sandeep Pravinbhai Engineer has been the Managing Director of Astral Poly Technik Limited since April 1, 2006. Mr. Engineer started his career as Project Engineer in Cadila Laboratories Limited. After ...
CEO Compensation Analysis
Compensation vs Market: Sandeep's total compensation ($USD668.31K) is about average for companies of similar size in the Indian market ($USD665.45K).
Compensation vs Earnings: Sandeep's compensation has been consistent with company performance over the past year.
|MD & Executive Director||14.17yrs||₹50.50m||31.4% ₹43.3b|
|Whole-Time Director||13.75yrs||₹7.75m||7.59% ₹10.5b|
|Non-Executive Director||22.5yrs||no data||no data|
|Independent Chairman||no data||₹350.00k||no data|
|Independent Director||13.75yrs||₹175.00k||0.25% ₹343.0m|
|Additional Independent Director||0.33yr||no data||no data|
|Non-Executive Director||5.42yrs||₹250.00k||0.00093% ₹1.3m|
|Additional Independent Director||1.25yrs||₹25.00k||no data|
|Additional Independent Director||0.67yr||no data||no data|
Experienced Board: 532830's board of directors are considered experienced (9.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Astral Poly Technik Limited's company bio, employee growth, exchange listings and data sources
- Name: Astral Poly Technik Limited
- Ticker: 532830
- Exchange: BSE
- Founded: 1996
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: ₹137.803b
- Shares outstanding: 150.66m
- Website: https://www.astralpipes.com
- Astral Poly Technik Limited
- Astral House
- 207/1, B/h. Rajpath Club
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532830||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Mar 2007|
|ASTRAL||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Mar 2007|
Astral Poly Technik Limited, together with its subsidiaries, manufactures and markets pipes, fittings, and adhesive products in India and internationally. The company operates through Plastic Products and Adhesives segments. It offers chlorinated poly vinyl chloride (CPVC) and PVC plumbing systems for residential and industrial applications. The company offers pipes and fittings under the Astral CPVC Pro, Astral Pex-a PRO, and Astral Aquarius names; and surface drainage systems. It also provides ASTRAL SILENCIO low noise system; Astral DrainMaster, a drainage system for soil, waste, and rain water; ASTRAL Foamcore pipes for underground drainage systems; ASTRAL manhole chambers; ASTRAL underground drainage systems; D-Rex double walled corrugated pipes; and RexTP compact sewage treatment plant. In addition, the company offers ASTRAL Chem PRO industrial piping systems for industrial applications; and Aquarius Plus lead-free ASTM PVC solvent weld industrial piping systems. Further, it provides Pre-StiRex and Plus + StiRex ducts for post-tensioning of bridges; Bore-Well column pipes, Case-Well uPVC casing pipes, Aquasafe pressure pipes, AquaRex drain belts, and GeoRex single wall corrugated perforated pipes; and Astral Fire Pro, a CPVC piping system for automatic fire sprinklers. Additionally, the company offers ASTRAL XLPE Insu PRO insulation tubes; Astral Wire Guard conduit pipes for protection of wires and cables; and TeleRex pipes for underground cable ducting. Astral Poly Technik Limited was founded in 1996 and is based in Ahmedabad, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/06 13:12|
|End of Day Share Price||2020/06/05 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.