Astral Limited

BSE: 532830 NSE: ASTRAL
Astral Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L25200GJ1996PLC029134 Incorporated 25 March 1996 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - NSE: ASTRAL · BSE: 532830 Public Limited Company manufacturing Fortune India 500 · #403 Nifty 500
Data last updated
Market Cap
₹36,966 Cr
ASTRAL · NSE
Share Price
₹1,360.60
-1.12% today
Revenue
₹6,569 Cr
FY 2025-26 · +12.6% YoY
EBITDA
₹1,039 Cr
Margin 15.8%
Net Profit
₹532 Cr
FY 2025-26 · +7.5% YoY
P/E (TTM)
61.2x
P/B 8.9x
ROE
13.9%
ROCE 19.4%
Debt / Equity
0.06
Interest cover 8.6x

About Astral Limited

Data last updated:

Astral Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 25 March 1996 and has been in existence for over 30 years.

Astral is ranked #403 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Sandeep Pravinbhai Engineer and family are #141 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L25200GJ1996PLC029134. Its GSTIN is 24AABCA2951N1ZO (Gujarat). The company holds 25 GST registrations, of which 19 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532830 and NSE: ASTRAL.

The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹26.87 Cr. It was formerly known as Astral Poly Technik Limited and Astral Poly Technik Private Limited. It is led by directors including Sandeep Pravinchandra Engineer (Managing Director) and Girish Bhanubhai Joshi (Whole-Time Director).

Its last annual general meeting (AGM) was held on 25 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Astralhouse 207/1 B/Hrajpathclub Offs.G.Highway, Ahmedabad, Gujarat, India – 380059.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹6,568.6 Cr, a growth of 12.6% compared to the previous year. For the same year it recorded a net profit of ₹531.65 Cr (net margin 8.1%) and EBITDA of ₹1,039.3 Cr (EBITDA margin 15.8%). The net worth stands at ₹4,057.9 Cr (up 12.2% YoY). Total assets are valued at ₹4,327.5 Cr (up 10% YoY).

The company has about 2,788 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.

The company is associated with 2 brands: Astral Polytechnik and Astral Poly Technik. As per MCA filings, the company has open charges of ₹145 Cr and satisfied charges of ₹377.77 Cr on record. Court records list 154 cases involving the company, including 117 filed by the company and 37 filed against it; 64 cases are pending. The company has 40 deals on record (34 market trades, 5 funding rounds, 1 ipo), with disclosed funding of ₹13.16 Cr; the latest was in August 2026.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website astralpipes.com.

Company details

CIN L25200GJ1996PLC029134
Registration Number 029134
Incorporation Date 25 March 1996
ROC Ahmedabad
Listing Status Listed - Listed on NSE (ASTRAL); Listed on BSE (532830)
Company Status Active
Date of Last AGM 25 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Astral has undergone 4 name changes throughout its history. The current legal name is Astral Limited.

Company NameStatus
Astral LimitedCurrent
Astral Poly Technik LimitedPrevious
Astral Poly Technik Private LimitedPrevious
Astral Poly Technik LimitedPrevious

CIN history

Astral has one previous CIN (Corporate Identification Number): U25200GJ1996PLC029134. The current CIN is L25200GJ1996PLC029134, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L25200GJ1996PLC029134Current
U25200GJ1996PLC029134Previous
Key People
Sandeep Pravinchandra Engineer Managing Director Girish Bhanubhai Joshi Whole-Time Director Jagruti Sandeep Engineer Whole-Time Director

Recognitions & Rankings of Astral

Fortune India 500 2025 edition
Rank#403
Total income
₹5,902 Cr
Profit
₹524 Cr
Last year #378
India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#131
Valuation
₹49,730 Cr
2023 #95 2022 #106 2021 #95
Stock market indices
Nifty 500 BSE 500

Contact details

Astral Limited's registered office is in Ahmedabad, Gujarat. Its website is astralpipes.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    astralpipes.com
  • Social Media
  • Registered Address
    Astralhouse 207/1 B/Hrajpathclub Offs.G.Highway, Ahmedabad, Gujarat, India – 380059
  • Industry
    Manufacturing, Pipe & Tubes

To see the full contact details of Astral Limited, buy the company report.

Comprehensive company report
Astral Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Astral operates two associated brands: Astral Polytechnik and Astral Poly Technik. Each brand links to its own profile.

BrandDescriptionWebsite
Astral Poly Technik
PVC pipes are manufactured for plumbing and drainage applications.astralpipes.com
Astral Polytechnik
CPVC pipes and fittings are manufactured in Ahmedabad, India.astralcpvc.com

Business activity

The main business activity of Astral is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Astral Limited, buy the company report.

Financials of Astral Limited

FY 2025-26 filings available

Astral Limited reported revenue of ₹6,568.6 Cr (up 12.6% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹6,569 Cr
+12.6% YoY
EBITDA
₹1,039 Cr
+9.9% YoY
Profit After Tax
₹532 Cr
+7.5% YoY
Net Worth
₹4,058 Cr
+12.2% YoY
Total Assets
₹4,328 Cr
+10.0% YoY
Total Debt
₹250 Cr
+7.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue6,5695,8325,6415,1584,3943,1762,578
Revenue growth+12.6%+3.4%+9.4%+17.4%+38.3%+23.2%-
EBITDA1,039946918807753638441
EBITDA margin+15.8%+16.2%+16.3%+15.6%+17.2%+20.1%+17.1%
Profit before tax731702734628648533306
Net profit532495533452478401247
Net profit margin+8.1%+8.5%+9.5%+8.8%+10.9%+12.6%+9.6%
EPS (₹)19.9519.4720.3016.9724.0720.1216.42
Balance sheet
Total assets4,3283,9343,3933,0492,4642,0001,713
Net worth4,0583,6173,1882,7112,3371,8961,503
Total debt25023311987.1098.3080.20191
Cash & bank943608610682642476130
Net working capital1,2371,082927966862636430
Cash flow
Cash from operations1,117630823557543664405
Cash from investing(506)(513)(541)(478)71.50(454)(318)
Cash from financing(328)(118)(202)(191)(44.00)(153)(163)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,5782,0881,5421,5771,3611,6811,3971,370
Revenue growth (YoY)+15.9%+24.2%+10.3%+15.1%-1.6%---
Other income12.8017.309.5011.409.108.9011.808.80
EBITDA231377221257185302219210
EBITDA margin+14.7%+18.0%+14.3%+16.3%+13.6%+18.0%+15.7%+15.3%
Depreciation75.4074.0073.4072.3071.9064.8063.1059.90
Interest5.8023.5012.6016.0012.309.6013.9010.20
Profit before tax163297144180110236154149
Tax42.6083.6036.6045.1030.6058.3041.6040.10
Net profit12021310813579.20178113109
EPS (₹)4.477.934.015.023.026.674.254.10
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue5,9085,2965,1034,6123,4432,4862,043
Revenue growth+11.6%+3.8%+10.7%+33.9%+38.5%+21.7%-
EBITDA1,043937873748633522367
EBITDA margin+17.7%+17.7%+17.1%+16.2%+18.4%+21.0%+18.0%
Profit before tax824759735601547439254
Net profit602539540444403334202
Net profit margin+10.2%+10.2%+10.6%+9.6%+11.7%+13.5%+9.9%
EPS (₹)22.7121.0520.4616.6520.1416.2613.30
Balance sheet
Total assets4,2263,7173,1842,6922,0421,6761,454
Net worth4,1073,5963,1302,6792,0061,6451,332
Total debt10011349.009.7034.2029.20122
Cash & bank92158156744543832471.00
Net working capital1,019885719722538394232
Cash flow
Cash from operations1,084620788-471515339
Cash from investing(606)(511)(517)-(38.10)(350)(241)
Cash from financing(189)(95.00)(98.90)-(54.00)(116)(141)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,3681,9031,3821,4161,2071,5421,2701,230
Revenue growth (YoY)+13.3%+23.4%+8.7%+15.1%-3.7%---
Other income16.7017.8012.8012.5015.3011.208.5012.80
Total expenses1,1431,5191,1581,1601,0281,2431,0491,024
EBITDA225384224256180300222206
EBITDA margin+16.4%+20.2%+16.2%+18.1%+14.9%+19.4%+17.5%+16.8%
Depreciation57.9057.0057.1055.6055.9051.3049.8047.30
Interest2.2021.309.3012.608.707.1011.107.30
Profit before tax182323170200130252169165
Tax45.8085.7043.2050.3033.6062.3043.5042.40

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,5782,0881,5421,5771,3611,6811,3971,370
Revenue growth (YoY)+15.9%+24.2%+10.3%+15.1%-1.6%---
Other income12.8017.309.5011.409.108.9011.808.80
EBITDA231377221257185302219210
EBITDA margin+14.7%+18.0%+14.3%+16.3%+13.6%+18.0%+15.7%+15.3%
Depreciation75.4074.0073.4072.3071.9064.8063.1059.90
Interest5.8023.5012.6016.0012.309.6013.9010.20
Profit before tax163297144180110236154149
Tax42.6083.6036.6045.1030.6058.3041.6040.10
Net profit12021310813579.20178113109
EPS (₹)4.477.934.015.023.026.674.254.10
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue6,5695,8325,6415,1584,3943,1762,578
Revenue growth+12.6%+3.4%+9.4%+17.4%+38.3%+23.2%-
Other income47.3041.3042.1039.7034.9025.1012.10
Total expenses5,5294,8864,7234,3523,6412,5392,137
Employee cost590518438319245191175
EBITDA1,039946918807753638441
EBITDA margin+15.8%+16.2%+16.3%+15.6%+17.2%+20.1%+17.1%
Depreciation292243198178127116108
Interest64.4041.3029.1040.0012.9013.1039.40
Profit before tax731702734628648533306
Tax19618418815615812556.50
Net profit532495533452478401247
Net profit margin+8.1%+8.5%+9.5%+8.8%+10.9%+12.6%+9.6%
EPS (₹)19.9519.4720.3016.9724.0720.1216.42
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital26.9026.9026.9026.9020.1020.1015.10
Reserves & surplus4,0313,5903,1612,6842,3161,8761,488
Shareholders' funds (net worth)4,0583,6173,1882,7112,3371,8961,503
Minority interest0.0075.7080.4024827.8021.2016.80
Secured loans88.6065.5066.4075.2076.4052.70142
Unsecured loans16216853.0011.9021.9027.5049.30
Total debt25023311987.1098.3080.20191
Total liabilities4,3283,9343,3933,0492,4642,0001,713
Assets
Gross block4,4023,8933,2402,7052,0741,7681,589
Net block2,9392,7122,2991,9501,4961,3141,255
Capital work in progress94.3011615112612356.6044.40
Investments0.000.000.000.000.000.000.20
Inventories1,1171,011913875733472540
Sundry debtors475435376354269277228
Cash & bank balances943608610682642476130
Loans & advances10394.1086.8033810144.2064.70
Total current assets2,6392,1491,9862,2491,7451,269963
Total current liabilities1,4021,0661,0591,283883633533
Net working capital1,2371,082927966862636430
Total assets4,3283,9343,3933,0492,4642,0001,713
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash60860953064170.7013.9089.20
Net cash from operating activities1,117630823557543664405
Net cash from investing activities(506)(513)(541)(478)71.50(454)(318)
Net cash from financing activities(328)(118)(202)(191)(44.00)(153)(163)
Net change in cash282(1.30)79.90(112)57156.80(75.30)
Closing cash943608610682642476130
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+12.6%+3.4%+9.4%+17.4%+38.3%+23.2%-
EBITDA growth+9.9%+3.0%+13.8%+7.1%+18.2%+44.5%-
PBT growth+4.0%-4.2%+16.8%-3.1%+21.7%+74.1%+8.0%
Net income growth+7.5%-7.2%+17.9%-5.4%+19.1%+62.3%-
Revenue CAGR (3Y)+8.4%+9.9%+21.1%+26.0%+20.6%+15.3%+10.8%
EBITDA CAGR (3Y)+8.8%+7.9%+12.9%+22.3%+25.5%+26.6%+19.3%
Profitability & leverage
Net income margin+8.1%+8.9%+9.7%+9.2%+11.2%+12.9%+9.7%
Return on capital employed+19.4%+20.8%+25.0%+25.5%+30.0%+29.7%+21.3%
Return on net worth+13.9%+15.3%+18.5%+18.7%+23.2%+24.0%+18.0%
Debt / equity0.060.050.040.040.040.080.17
Long-term debt / equity0.040.030.020.020.020.040.10
Interest cover8.615.884.046.362.062.5111.82
Efficiency & per share
Fixed asset turnover1.581.641.902.162.291.891.77
Inventory turnover6.176.066.316.427.296.275.50
Debtors turnover14.4314.3815.4516.5416.1012.599.09
EPS (₹)19.9519.4720.3016.9724.0720.1216.42
Dividend per share (₹)2.503.753.753.503.002.001.00
Book value per share (₹)150.81134.42118.47100.74116.1994.2699.45
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,3681,9031,3821,4161,2071,5421,2701,230
Revenue growth (YoY)+13.3%+23.4%+8.7%+15.1%-3.7%---
Other income16.7017.8012.8012.5015.3011.208.5012.80
Total expenses1,1431,5191,1581,1601,0281,2431,0491,024
EBITDA225384224256180300222206
EBITDA margin+16.4%+20.2%+16.2%+18.1%+14.9%+19.4%+17.5%+16.8%
Depreciation57.9057.0057.1055.6055.9051.3049.8047.30
Interest2.2021.309.3012.608.707.1011.107.30
Profit before tax182323170200130252169165
Tax45.8085.7043.2050.3033.6062.3043.5042.40
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue5,9085,2965,1034,6123,4432,4862,043
Revenue growth+11.6%+3.8%+10.7%+33.9%+38.5%+21.7%-
Other income58.4044.4039.0023.9027.4020.7010.90
Total expenses4,8654,3594,2313,8642,8101,9641,676
Employee cost44740934224713010497.70
EBITDA1,043937873748633522367
EBITDA margin+17.7%+17.7%+17.1%+16.2%+18.4%+21.0%+18.0%
Depreciation22619215613710596.2089.90
Interest51.9030.6021.0033.308.907.6033.70
Profit before tax824759735601547439254
Tax21319218515314211253.70
Net profit602539540444403334202
Net profit margin+10.2%+10.2%+10.6%+9.6%+11.7%+13.5%+9.9%
EPS (₹)22.7121.0520.4616.6520.1416.2613.30
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital26.9026.9026.9026.9020.1020.1015.10
Reserves & surplus4,0803,5693,1032,6521,9861,6251,317
Shareholders' funds (net worth)4,1073,5963,1302,6792,0061,6451,332
Secured loans0.000.000.000.0024.3013.6095.00
Unsecured loans10011349.009.709.9015.6026.60
Total debt10011349.009.7034.2029.20122
Total liabilities4,2263,7173,1842,6922,0421,6761,454
Assets
Gross block3,6243,2502,6962,1931,5341,2471,098
Net block2,4362,2651,8961,5311,058875822
Capital work in progress75.9095.6014612610352.2042.60
Investments484371371287334334339
Inventories963887803770548360422
Sundry debtors335316267235153180139
Cash & bank balances92158156744543832471.00
Loans & advances80.2082.9066.0012977.1039.0049.60
Total current assets2,2991,8671,7031,5791,216903682
Total current liabilities1,280982984856678509450
Net working capital1,019885719722538394232
Total assets4,2263,7173,1842,6922,0421,6761,454
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash581567394-58.6010.9053.10
Net cash from operating activities1,084620788-471515339
Net cash from investing activities(606)(511)(517)-(38.10)(350)(241)
Net cash from financing activities(189)(95.00)(98.90)-(54.00)(116)(141)
Net change in cash29014.20173-37947.70(42.20)
Closing cash921581567-43832471.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+11.6%+3.8%+10.7%+33.9%+38.5%+21.7%-
EBITDA growth+11.3%+7.4%+16.7%+18.1%+21.2%+42.2%-
PBT growth+8.6%+3.2%+22.3%+10.0%+24.5%+72.5%+16.6%
Net income growth+11.8%-0.3%+21.8%+10.1%+20.5%+65.3%-
Revenue CAGR (3Y)+8.6%+15.4%+27.1%+31.2%+21.6%+16.3%+11.4%
EBITDA CAGR (3Y)+11.7%+14.0%+18.7%+26.8%+28.0%+30.7%+21.1%
Profitability & leverage
Net income margin+10.3%+10.7%+10.8%+9.7%+11.8%+13.2%+9.8%
Return on capital employed+22.1%+22.9%+25.8%-+29.9%+28.6%+20.6%
Return on net worth+15.9%+16.9%+19.0%-+22.2%+22.0%+16.2%
Debt / equity0.030.020.01-0.020.050.13
Long-term debt / equity0.020.020.01-0.010.03-0.11
Interest cover6.354.112.935.461.691.7812.15
Efficiency & per share
Fixed asset turnover1.721.782.09-2.482.122.07
Inventory turnover6.396.276.49-7.596.355.66
Debtors turnover18.1718.1620.31-20.6715.5911.27
EPS (₹)22.7121.0520.4616.6520.1416.2613.30
Dividend per share (₹)2.503.753.753.503.002.001.00
Book value per share (₹)152.63133.63116.3099.5699.7681.7988.11

To see the full year-wise statements and ratios of Astral Limited, buy the company report.

Board of directors of Astral Limited

Astral has 11 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Girish Bhanubhai Joshi
Also directs: Astral Coatings Private Limited
Whole-Time Director01 Jul 20215 Years 3 MonthsCurrent
Viral Maheshbhai Jhaveri
Also directs: Astral Coatings Private Limited, Ppfas Alternate Asset Managers Ifsc Private Limited, Aconts Global Business Solutions Private Limited
Director24 Oct 20197 Years 0 MonthsCurrent
Jagruti Sandeep Engineer
Also directs: Saumya Polymers LLP, Astral Foundation, Kairamya Journeys LLP
Whole-Time Director25 Mar 199630 Years 7 MonthsCurrent
Chikmagalur Kalasheety GopalDirector11 Feb 20206 Years 8 MonthsCurrent
Sandeep Pravinchandra Engineer
Also directs: Saumya Polymers LLP, Kairav Chemicals Limited, Astral Coatings Private Limited and 4 more
Managing Director25 Mar 199630 Years 7 MonthsCurrent
Hiranand Asandas Savlani
Also directs: Astral Coatings Private Limited
Whole-Time Director01 Jul 20233 Years 3 MonthsCurrent
Showing 6 of 11 current directors. View all directors

Auditor

Astral Limited is audited by S R B C & CO LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S R B C & CO LLPFY 2023324982E/E300003

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 54.20%, foreign institutional investors hold 13.90%, domestic institutional investors hold 21.30% and retail and other public shareholders hold 10.60%.

Promoters: 54.20%DII (Domestic Institutional): 21.30%FII (Foreign Institutional): 13.90%Retail & Others: 10.60%
Sep 2026
QUARTER
54.20% Promoters
21.30% DII (Domestic Institutional)
13.90% FII (Foreign Institutional)
10.60% Retail & Others
Promoter holding - history
Now 54.20% · Sep 2026High 54.20% · Dec 2025Low 54.20% · Dec 2025
53%53.8%54.5%55.3%56%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 54.20%Mar 2026: 54.20%Jun 2026: 54.20%Sep 2026: 54.20%54.20%54.20%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters54.20%54.20%54.20%54.20%
Public45.80%45.80%45.80%45.80%

Charges & borrowings

Open charges
₹145 Cr
Satisfied charges
₹377.77 Cr
Breakdown by lending institutions
The Hongkong and Shanghai Banking Corporation Limited₹100.00 Cr
Standard Chartered Bank₹30.00 Cr
Idbi Trusteeship Services Limited₹15.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Jan 201510549636The Hongkong and Shanghai Banking Corporation Limited₹100 CrOpen
13 Sep 201110308431Idbi Trusteeship Services Limited₹15 CrOpen
03 Mar 200810091244Standard Chartered Bank₹30 CrOpen
30 May 2019100274960Axis Bank Limited₹1.77 CrSatisfied
02 Apr 2016100023369The Hongkong and Shanghai Banking Corporation Limited₹187.5 CrSatisfied

To see the full charge records of Astral Limited, buy the company report.

Total charge records: 12 View all charges

Deals & funding

Astral Limited has 40 deals on record (34 market trades, 5 funding rounds, 1 ipo), with disclosed funding of ₹13.16 Cr; the latest was in August 2026.

Total deals
40
Market trades
34
Funding rounds
5
IPO
1
Disclosed funding
₹13.16 Cr

Deals on record (5 of 40)

WhenDealAmountParties
Dec 2023Market trade₹884.57 CrBuyer: Morgan Stanley Institutional Fund Inc Emerging Markets Portfolio, Nippon India Mutual Fund, GIC Singapore
Seller: Saumya Polymers LLP , Kairav Chemicals Limited
Dec 2023Market trade₹684.25 CrSeller: Saumya Polymers LLP
Sep 2019Market trade₹692.99 CrBuyer: Hdfc Mutual Fund Ac Hdfc Small And Mid Cap Fund
Seller: Saumya Polymers LLP
Aug 2017Market trade₹64.51 CrSeller: Saumya Polymers LLP
Mar 2009Market trade₹1.92 CrBuyer: Rajasthan Global Securities Private Limited , an individual
Seller: Rajasthan Global Securities Private Limited

To see the full deal history of Astral Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Astral Limited was last rated by Care on 20 Sep 2022.

Rating agencyRated onRating
Care20 Sep 2022

To see the full credit ratings and regulatory alerts of Astral Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Astral Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Astral has 4 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

4
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Gem Paints Private LimitedU24220KA1980PTC003715
Esha Paints Private LimitedU24222KA2022PTC160270
Enterprise Technology Services Private LimitedU72200WB2000PTC090898
Astral FoundationU85300GJ2020NPL112779

To see the full group structure of Astral Limited, buy the company report.

Employees & EPFO

Astral Limited has a workforce of 2,788 employees on its EPFO records as of Apr 10, 2024, across 3 active EPFO establishments.

Employee count
2,788
Active EPFO establishments
3
Employee growth
21.85%

GST

Astral has 25 GST registrations: 19 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
25
Active
19
Cancelled / inactive
6
GSTINStateStatusRegistered on
24AABCA2951N1ZOGujaratActive01 Jul 2017
24AABCA2951N3ZMGujaratActive25 Feb 2020
07AABCA2951N1ZKDelhiActive01 Jul 2017
08AABCA2951N2ZHRajasthanActive01 Jul 2017

To see the full GST registrations and return filing status of Astral Limited, buy the company report.

Recent activity

Astral Limited has 32 board changes on record since 1996: 22 appointments and 10 cessations. The latest: Kaushal Dakshesh Nakrani ceased to be Director on 16 Sep 2025.

Charges
A charge registered on 02 Jul 2013 via Charge ID 10435959 with Others was fully satisfied on 15 Apr 2026.
Filing
Astral Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Ceased
Kaushal Dakshesh Nakrani ceased to be Director.
AGM
Astral Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records.
Appointed
Rajendra Kishore Mariwala was appointed as Director.
Appointed
Tanvi Vishal Rangwala was appointed as Director.
Appointed
Chintankumar Mahendrabhai Patel was appointed as Company Secretary.
Appointed
Hiranand Asandas Savlani was appointed as Whole-Time Director.
Appointed
Kairav Sandeep Engineer was appointed as Whole-Time Director.
Appointed
Chetas Gulabbhai Desai was appointed as Director.
Appointed
Dhinal Ashvinbhai Shah was appointed as Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 100.00 Cr registered on 24 Jan 2015 with Charge ID 10549636 was modified on 12 Jan 2023.

54 earlier events are in the company report.

News

Astral: Company Ups Paint Growth Forecast To 30% From 20-25%, Plans Price Increase Starting October 1.
29 Sep 2026 · Exchange Update

Frequently asked questions

Astral is an active public limited company based in Ahmedabad, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 25 March 1996 (30+ years old) and is registered under CIN L25200GJ1996PLC029134. Listed on BSE: 532830 and NSE: ASTRAL.

Astral reported revenue of ₹6,568.6 Cr for FY 2025-26 (up 12.6% YoY) based on consolidated financials.

Astral has 11 current directors:

The latest financial statements of Astral on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Astral is 24AABCA2951N1ZO, registered in Gujarat. The company has 25 GST registrations in all, of which 19 are active and 6 are cancelled or inactive. Other active GSTINs include 24AABCA2951N3ZM (Gujarat), 07AABCA2951N1ZK (Delhi), 08AABCA2951N2ZH (Rajasthan).

The CIN (Corporate Identification Number) of Astral is L25200GJ1996PLC029134. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Astral is a listed company as per MCA records. Its shares are listed on both BSE (code: 532830) and NSE (symbol: ASTRAL).

Astral has 154 court cases on record: 117 filed by the company and 37 filed against it. 64 are pending. Most are in the district courts.

Astral was incorporated on 25 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Astral has 40 deals on record (34 market trades, 5 funding rounds, 1 ipo), with disclosed funding of ₹13.16 Cr; the latest was in August 2026.