Astral Reports Strong Fourth Quarter And Full Year Results

21 May 2026 CW Team

Astral a manufacturer of CPVC pipes and fittings, reported consolidated results for the quarter and year ended 31 March 2026. The company reported revenue from operations of Rs. 20,885 million (mn) in the quarter, up 24.2 per cent year on year, and consolidated revenue of Rs. 65,686 mn for the year, up 12.6 per cent. Quarterly EBIDTA was Rs. 4,002 mn and profit after tax before other comprehensive income was Rs. 2,130 mn; basic and diluted earnings per share were seven point nine three and 19.97 respectively.

Plumbing, defined as pipes, fittings, water tanks and bathware, delivered robust volume and value growth. Plumbing revenue was Rs. 15,342 mn in the quarter, up 25.1 per cent, with segment EBIDTA of Rs. 3,519 mn and an EBIDTA margin of 22.9 per cent. Sales volumes were 84,041 tonnes (t) in the quarter and 263,026 t for the year, an annual increase of 15.8 per cent. Production capacity rose from 381,957 t to 417,645 t during the year.

The group reported consolidated cash and bank balances of Rs. 9,433 mn at 31 March 2026 and capital expenditure of standalone Rs. 3,284 mn and consolidated Rs. 3,729 mn. The Kanpur facility commenced operations in October 2025 with an initial capacity of 19,037 t and supported sales across Uttar Pradesh and nearby regions. The company increased stock keeping units from 6,939 to 8,103 and noted a 27.3 per cent rise in bathware sales.

The paints and adhesives vertical recorded quarterly revenue of Rs. 5,543 mn and annual revenue of Rs. 18,899 mn, with adhesives sales up 15.1 per cent and paint sales up 23 per cent. Adhesive overseas sales grew 12.6 per cent with an EBIDTA margin of 3.9 per cent. The company disclosed a fourth quarter marketing expenditure of Rs. 160 mn on brand activities and the board recommended a final dividend of Rs 2.5 per share plus an interim of Rs 1.5 per share.

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