BSE:532830

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Executive Summary

Astral Poly Technik Limited, together with its subsidiaries, manufactures and markets pipes, fittings, and adhesive products in India and internationally. More Details


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.


Similar Companies

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 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 532830's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

1.0%

532830

4.2%

IN Building

3.1%

IN Market


1 Year Return

25.3%

532830

22.4%

IN Building

10.4%

IN Market

Return vs Industry: 532830 exceeded the Indian Building industry which returned 22.5% over the past year.

Return vs Market: 532830 exceeded the Indian Market which returned 10.4% over the past year.


Shareholder returns

532830IndustryMarket
7 Day1.0%4.2%3.1%
30 Day31.2%25.0%13.1%
90 Day16.7%28.0%12.8%
1 Year25.5%25.3%23.3%22.4%12.4%10.4%
3 Year122.5%121.9%11.7%4.2%11.0%5.6%
5 Year334.6%332.6%117.2%98.9%62.4%50.2%

Long-Term 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

Valuation

Is Astral Poly Technik undervalued compared to its fair value and its price relative to the market?

98.01x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 532830 (₹1465.6) is trading above our estimate of fair value (₹206.4)

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 (98x) compared to the IN Building industry average (19.2x).

PE vs Market: 532830 is poor value based on its PE Ratio (98x) compared to the Indian market (17.3x).


Price to Earnings Growth Ratio

PEG Ratio: 532830 is poor value based on its PEG Ratio (3.6x)


Price to Book Ratio

PB vs Industry: 532830 is overvalued based on its PB Ratio (13.7x) compared to the IN Building industry average (1x).


Next Steps

Future Growth

How is Astral Poly Technik forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

27.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 532830's forecast earnings growth (27.6% per year) is above the savings rate (7.2%).

Earnings vs Market: 532830's earnings (27.6% per year) are forecast to grow faster than the Indian market (24.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 532830's revenue (18.3% per year) is forecast to grow faster than the Indian market (11.5% per year).

High Growth Revenue: 532830's revenue (18.3% 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 (19.7%).


Next Steps

Past Performance

How has Astral Poly Technik performed over the past 5 years?

20.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532830 has high quality earnings.

Growing Profit Margin: 532830's current net profit margins (9.2%) are higher than last year (9%).


Past Earnings Growth Analysis

Earnings Trend: 532830's earnings have grown significantly by 20.7% per year over the past 5 years.

Accelerating Growth: 532830's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 532830 had negative earnings growth (-7.4%) over the past year, making it difficult to compare to the Building industry average (-18.7%).


Return on Equity

High ROE: 532830's Return on Equity (14%) is considered low.


Next Steps

Financial Health

How is Astral Poly Technik's financial position?


Financial Position Analysis

Short Term Liabilities: 532830's short term assets (₹9.5B) exceed its short term liabilities (₹5.2B).

Long Term Liabilities: 532830's short term assets (₹9.5B) exceed its long term liabilities (₹1.2B).


Debt to Equity History and Analysis

Debt Level: 532830's debt to equity ratio (5.3%) is considered satisfactory.

Reducing Debt: 532830's debt to equity ratio has reduced from 17.3% to 5.3% over the past 5 years.

Debt Coverage: 532830's debt is well covered by operating cash flow (554.7%).

Interest Coverage: 532830's interest payments on its debt are well covered by EBIT (12.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Astral Poly Technik current dividend yield, its reliability and sustainability?

0.14%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 532830's dividend (0.14%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.52%).

High Dividend: 532830's dividend (0.14%) is low compared to the top 25% of dividend payers in the Indian market (2.07%).


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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.5yrs

Average board tenure


CEO

Sandeep Engineer (59 yo)

14.67yrs

Tenure

₹59,960,000

Compensation

Mr. Sandeep Pravinbhai Engineer has been the Managing Director of Astral Poly Technik Limited since April 1, 2006. Mr. Engineer serves as Chairman of the Board at Astral Poly Technik Limited since August 2...


CEO Compensation Analysis

Compensation vs Market: Sandeep's total compensation ($USD815.59K) is about average for companies of similar size in the Indian market ($USD748.46K).

Compensation vs Earnings: Sandeep's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Sandeep Engineer
MD & Chairman of the Board14.67yrs₹59.96m31.39%
₹ 67.5b
Jagruti Engineer
Whole-Time Director14.25yrs₹8.38m7.59%
₹ 16.3b
C. Gopal
Additional Independent Director0.83yr₹50.00kno data
Anil Jani
Non-Executive Director5.92yrs₹430.00k0.00063%
₹ 1.4m
Kaushal Nakrani
Independent Director1.75yrs₹120.00kno data
Viral Jhaveri
Additional Independent Director1.17yrs₹80.00k0.00066%
₹ 1.4m

1.5yrs

Average Tenure

57yo

Average Age

Experienced Board: 532830's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 532830 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Astral Poly Technik Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Astral Poly Technik Limited
  • Ticker: 532830
  • Exchange: BSE
  • Founded: 1996
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: ₹214.956b
  • Shares outstanding: 150.67m
  • Website: https://www.astralpipes.com

Number of Employees


Location

  • Astral Poly Technik Limited
  • Astral House
  • 207/1, B/h. Rajpath Club
  • Ahmedabad
  • Gujarat
  • 380059
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532830BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2007
ASTRALNSEI (National Stock Exchange of India)YesEquity SharesININRMar 2007

Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 12:09
End of Day Share Price2020/12/02 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.