- Total income
- ₹5,902 Cr
- Profit
- ₹524 Cr
About Astral Poly Technik
Astral Poly Technik is a publicly listed company based in Ahmedabad (India) founded in 1999. PVC pipes are manufactured for plumbing and drainage applications. Astral Poly Technik has completed 3 acquisitions, including Gem Paints, Resinova Chemie and Rexpoly. Its chief executive, as recorded, is Suneel Menon. Its website astralpipes.com draws about 66 thousand monthly visits. Its Indian entity Astral Limited reported revenue of βΉ6,616 Cr. Astral Poly Technik offers products and services including CPVC PRO, Aquasafe, Silencio, Cleo, and Chem Pro. Its focus areas include Real Estate and Construction, Building Materials, Construction Materials and Pipes & Plumbing. Its competitors include Vectus, Ashirvad and Apollo Pipes; 1 of its 3 listed competitors has raised funding.
Company details
Astral Poly Technik was established in 1999 in Ahmedabad, India, within the manufacturing sector focused on plastic products. Operations center on the production of PVC pipes and fittings for plumbing, drainage, sewerage, industrial, and fire sprinkler systems. Additional items such as water tanks, cable protection conduits, and insulation tubes are included in the portfolio. The company serves infrastructure and utility needs across domestic and industrial markets.
Astral Poly Technik is ranked #403 on the Fortune India 500 (2025).
Recognitions & Rankings of Astral Poly Technik
- Valuation
- ₹49,730 Cr
- Headquarters Ahmedabad, India
- Stage Public
- SectorsReal Estate & Construction
- Website category Heavy Industry and Engineering · Chemical Industry
- Emailβ’β’β’β’β’β’β’β’
- Website astralpipes.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Astral Pipes
- Date of Incorporation 25 Mar, 1996
- Market Cap₹34,194 Cr
ASTRAL · NSE
- Share Price₹1,276.00
+0.25% 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)57.8x
P/B 8.1x
- ROE13.9%
ROCE 19.4%
- Debt / Equity0.06
Interest cover 8.6x
- Investments & AcquisitionsGem Paints
& 2 more
Associated legal entities of Astral Poly Technik
Astral Poly Technik is associated with 3 registered companies on The Company Check; the primary company is Astral Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Astral Limited Listed CIN L25200GJ1996PLC029134 | Active | 25 Mar 1996 | Ahmedabad, Gujarat | ₹6,616 Cr | 2,788 | 13 | View details |
| Astral Biochem Private Limited CIN U01407GJ2008PTC054506 | Amalgamated | 17 Jul 2008 | Ahmedabad, Gujarat | ₹0.0 Cr | 3 | View details | |
| Resinova Chemie Limited CIN U24295GJ2009PLC058120 | Amalgamated | 16 Sep 2009 | Ahmedabad, Gujarat | ₹482 Cr | 1,511 | 6 | View details |
Products & Services of Astral Poly Technik
Astral Poly Technik offers a comprehensive portfolio of products and services, including CPVC PRO, Aquasafe, Silencio, Cleo, and Chem Pro.
Hot and cold water plumbing system for residential use
uPVC pressure piping for irrigation applications
High-density PP system for low-noise drainage
Multi-layer tank with anti-viral protection
CPVC system for chemical handling
Apps and channels of Astral Poly Technik
its YouTube channel ASTRAL PIPES has 15.9K subscribers and 30 videos.
Videos from Astral Poly Technik
The most watched videos on Astral Poly Technik's YouTube channel, ASTRAL PIPES (15.9K subscribers). Click a video to play it here.
More on ASTRAL PIPES.
Board of directors of Astral Limited (Astral Poly Technik)
Astral Limited is the primary company behind Astral Poly Technik. The boards of the 3 registered companies of Astral Poly Technik currently have 14 directors; the longest-serving is Jagruti Sandeep Engineer, appointed in 1996. 33 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jagruti Sandeep Engineer DIN 00067276 | Whole-time director | 25 Mar 1996 | 30 yrs 7 mo | Astral Limited |
| Sandeep Pravinbhai Engineer DIN 00067112 | Managing Director | 16 Sep 2009 | 17 yrs 1 mo | Resinova Chemie Limited, Astral Limited, Astral Biochem Private Limited |
| Kairav Sandeep Engineer DIN 03383621 | Director | 24 Nov 2012 | 13 yrs 11 mo | Resinova Chemie Limited, Astral Limited, Astral Biochem Private Limited |
| Saumya Sandeep Engineer DIN 03105129 | Director | 25 Sep 2015 | 11 yrs 1 mo | Resinova Chemie Limited, Astral Biochem Private Limited |
| Chikmagalur Kalasheety Gopal DIN 08434324 | Director | 11 Feb 2020 | 6 yrs 9 mo | Astral Limited |
| Kaushal Dakshesh Nakrani DIN 08405226 | Director | 25 Aug 2020 | 6 yrs 2 mo | Resinova Chemie Limited |
| Viral Maheshbhai Jhaveri DIN 08277568 | Director | 11 Feb 2021 | 5 yrs 8 mo | Resinova Chemie Limited, Astral Limited |
| Girish Bhanubhai Joshi DIN 09222943 | Whole-time director | 01 Jul 2021 | 5 yrs 4 mo | Astral Limited |
| Sachin Srivastava DIN 09394714 | Additional Director | 11 Nov 2021 | 5 yrs | Resinova Chemie Limited |
| Dhinal Ashvinbhai Shah DIN 00022042 | Director | 07 Feb 2023 | 3 yrs 9 mo | Astral Limited |
| Chetas Gulabbhai Desai DIN 01968778 | Director | 07 Feb 2023 | 3 yrs 9 mo | Astral Limited |
| Hiranand Asandas Savlani DIN 07023661 | Whole-time director | 01 Jul 2023 | 3 yrs 4 mo | Astral Limited |
| Rajendra Kishore Mariwala DIN 00007246 | Director | 15 Jul 2025 | 1 yr 3 mo | Astral Limited |
| Tanvi Vishal Rangwala DIN 07964348 | Director | 15 Jul 2025 | 1 yr 3 mo | Astral Limited |
People of Astral Poly Technik
1 people are tracked at Astral Poly Technik (1 in leadership).
| Name | Role | Group |
|---|---|---|
Suneel Menon | CEO | Leadership |
Complete people profiles for Astral Poly Technik
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Astral Poly Technik
Astral Poly Technik is a publicly listed company on the NSE with ticker symbol ASTRAL in India, operating in the Plastic products sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- Listed onNSE: ASTRAL
- Listed entityAstral Limited
- Exchange sectorPlastic products
Financials of Astral Poly Technik
Exchange-reported figures of Astral Limited, the listed company behind Astral Poly Technik (NSE: ASTRAL).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 6,569 | 5,832 | 5,641 | 5,158 | 4,394 | 3,176 | 2,578 |
| Revenue growth | +12.6% | +3.4% | +9.4% | +17.4% | +38.3% | +23.2% | - |
| EBITDA | 1,039 | 946 | 918 | 807 | 753 | 638 | 441 |
| EBITDA margin | +15.8% | +16.2% | +16.3% | +15.6% | +17.2% | +20.1% | +17.1% |
| Profit before tax | 731 | 702 | 734 | 628 | 648 | 533 | 306 |
| Net profit | 532 | 495 | 533 | 452 | 478 | 401 | 247 |
| Net profit margin | +8.1% | +8.5% | +9.5% | +8.8% | +10.9% | +12.6% | +9.6% |
| EPS (βΉ) | 19.95 | 19.47 | 20.30 | 16.97 | 24.07 | 20.12 | 16.42 |
| Balance sheet | |||||||
| Total assets | 4,328 | 3,934 | 3,393 | 3,049 | 2,464 | 2,000 | 1,713 |
| Net worth | 4,058 | 3,617 | 3,188 | 2,711 | 2,337 | 1,896 | 1,503 |
| Total debt | 250 | 233 | 119 | 87.10 | 98.30 | 80.20 | 191 |
| Cash & bank | 943 | 608 | 610 | 682 | 642 | 476 | 130 |
| Net working capital | 1,237 | 1,082 | 927 | 966 | 862 | 636 | 430 |
| Cash flow | |||||||
| Cash from operations | 1,117 | 630 | 823 | 557 | 543 | 664 | 405 |
| Cash from investing | (506) | (513) | (541) | (478) | 71.50 | (454) | (318) |
| Cash from financing | (328) | (118) | (202) | (191) | (44.00) | (153) | (163) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,988 | 1,578 | 2,088 | 1,542 | 1,577 | 1,361 | 1,681 | 1,397 |
| Revenue growth (YoY) | +26.1% | +15.9% | +24.2% | +10.3% | +15.1% | -1.6% | - | - |
| Other income | 11.80 | 12.80 | 17.30 | 9.50 | 11.40 | 9.10 | 8.90 | 11.80 |
| EBITDA | 251 | 231 | 377 | 221 | 257 | 185 | 302 | 219 |
| EBITDA margin | +12.6% | +14.7% | +18.0% | +14.3% | +16.3% | +13.6% | +18.0% | +15.7% |
| Depreciation | 78.70 | 75.40 | 74.00 | 73.40 | 72.30 | 71.90 | 64.80 | 63.10 |
| Interest | 12.20 | 5.80 | 23.50 | 12.60 | 16.00 | 12.30 | 9.60 | 13.90 |
| Profit before tax | 172 | 163 | 297 | 144 | 180 | 110 | 236 | 154 |
| Tax | 44.60 | 42.60 | 83.60 | 36.60 | 45.10 | 30.60 | 58.30 | 41.60 |
| Net profit | 127 | 120 | 213 | 108 | 135 | 79.20 | 178 | 113 |
| EPS (βΉ) | 4.73 | 4.47 | 7.93 | 4.01 | 5.02 | 3.02 | 6.67 | 4.25 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5,908 | 5,296 | 5,103 | 4,612 | 3,443 | 2,486 | 2,043 |
| Revenue growth | +11.6% | +3.8% | +10.7% | +33.9% | +38.5% | +21.7% | - |
| EBITDA | 1,043 | 937 | 873 | 748 | 633 | 522 | 367 |
| EBITDA margin | +17.7% | +17.7% | +17.1% | +16.2% | +18.4% | +21.0% | +18.0% |
| Profit before tax | 824 | 759 | 735 | 601 | 547 | 439 | 254 |
| Net profit | 602 | 539 | 540 | 444 | 403 | 334 | 202 |
| Net profit margin | +10.2% | +10.2% | +10.6% | +9.6% | +11.7% | +13.5% | +9.9% |
| EPS (βΉ) | 22.71 | 21.05 | 20.46 | 16.65 | 20.14 | 16.26 | 13.30 |
| Balance sheet | |||||||
| Total assets | 4,226 | 3,717 | 3,184 | 2,692 | 2,042 | 1,676 | 1,454 |
| Net worth | 4,107 | 3,596 | 3,130 | 2,679 | 2,006 | 1,645 | 1,332 |
| Total debt | 100 | 113 | 49.00 | 9.70 | 34.20 | 29.20 | 122 |
| Cash & bank | 921 | 581 | 567 | 445 | 438 | 324 | 71.00 |
| Net working capital | 1,019 | 885 | 719 | 722 | 538 | 394 | 232 |
| Cash flow | |||||||
| Cash from operations | 1,084 | 620 | 788 | - | 471 | 515 | 339 |
| Cash from investing | (606) | (511) | (517) | - | (38.10) | (350) | (241) |
| Cash from financing | (189) | (95.00) | (98.90) | - | (54.00) | (116) | (141) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,772 | 1,368 | 1,903 | 1,382 | 1,416 | 1,207 | 1,542 | 1,270 |
| Revenue growth (YoY) | +25.1% | +13.3% | +23.4% | +8.7% | +15.1% | -3.7% | - | - |
| Other income | 17.60 | 16.70 | 17.80 | 12.80 | 12.50 | 15.30 | 11.20 | 8.50 |
| Total expenses | 1,517 | 1,143 | 1,519 | 1,158 | 1,160 | 1,028 | 1,243 | 1,049 |
| EBITDA | 255 | 225 | 384 | 224 | 256 | 180 | 300 | 222 |
| EBITDA margin | +14.4% | +16.4% | +20.2% | +16.2% | +18.1% | +14.9% | +19.4% | +17.5% |
| Depreciation | 60.50 | 57.90 | 57.00 | 57.10 | 55.60 | 55.90 | 51.30 | 49.80 |
| Interest | 8.20 | 2.20 | 21.30 | 9.30 | 12.60 | 8.70 | 7.10 | 11.10 |
| Profit before tax | 204 | 182 | 323 | 170 | 200 | 130 | 252 | 169 |
| Tax | 51.80 | 45.80 | 85.70 | 43.20 | 50.30 | 33.60 | 62.30 | 43.50 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,988 | 1,578 | 2,088 | 1,542 | 1,577 | 1,361 | 1,681 | 1,397 |
| Revenue growth (YoY) | +26.1% | +15.9% | +24.2% | +10.3% | +15.1% | -1.6% | - | - |
| Other income | 11.80 | 12.80 | 17.30 | 9.50 | 11.40 | 9.10 | 8.90 | 11.80 |
| EBITDA | 251 | 231 | 377 | 221 | 257 | 185 | 302 | 219 |
| EBITDA margin | +12.6% | +14.7% | +18.0% | +14.3% | +16.3% | +13.6% | +18.0% | +15.7% |
| Depreciation | 78.70 | 75.40 | 74.00 | 73.40 | 72.30 | 71.90 | 64.80 | 63.10 |
| Interest | 12.20 | 5.80 | 23.50 | 12.60 | 16.00 | 12.30 | 9.60 | 13.90 |
| Profit before tax | 172 | 163 | 297 | 144 | 180 | 110 | 236 | 154 |
| Tax | 44.60 | 42.60 | 83.60 | 36.60 | 45.10 | 30.60 | 58.30 | 41.60 |
| Net profit | 127 | 120 | 213 | 108 | 135 | 79.20 | 178 | 113 |
| EPS (βΉ) | 4.73 | 4.47 | 7.93 | 4.01 | 5.02 | 3.02 | 6.67 | 4.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 6,569 | 5,832 | 5,641 | 5,158 | 4,394 | 3,176 | 2,578 |
| Revenue growth | +12.6% | +3.4% | +9.4% | +17.4% | +38.3% | +23.2% | - |
| Other income | 47.30 | 41.30 | 42.10 | 39.70 | 34.90 | 25.10 | 12.10 |
| Total expenses | 5,529 | 4,886 | 4,723 | 4,352 | 3,641 | 2,539 | 2,137 |
| Employee cost | 590 | 518 | 438 | 319 | 245 | 191 | 175 |
| EBITDA | 1,039 | 946 | 918 | 807 | 753 | 638 | 441 |
| EBITDA margin | +15.8% | +16.2% | +16.3% | +15.6% | +17.2% | +20.1% | +17.1% |
| Depreciation | 292 | 243 | 198 | 178 | 127 | 116 | 108 |
| Interest | 64.40 | 41.30 | 29.10 | 40.00 | 12.90 | 13.10 | 39.40 |
| Profit before tax | 731 | 702 | 734 | 628 | 648 | 533 | 306 |
| Tax | 196 | 184 | 188 | 156 | 158 | 125 | 56.50 |
| Net profit | 532 | 495 | 533 | 452 | 478 | 401 | 247 |
| Net profit margin | +8.1% | +8.5% | +9.5% | +8.8% | +10.9% | +12.6% | +9.6% |
| EPS (βΉ) | 19.95 | 19.47 | 20.30 | 16.97 | 24.07 | 20.12 | 16.42 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 26.90 | 26.90 | 26.90 | 26.90 | 20.10 | 20.10 | 15.10 |
| Reserves & surplus | 4,031 | 3,590 | 3,161 | 2,684 | 2,316 | 1,876 | 1,488 |
| Shareholders' funds (net worth) | 4,058 | 3,617 | 3,188 | 2,711 | 2,337 | 1,896 | 1,503 |
| Minority interest | 0.00 | 75.70 | 80.40 | 248 | 27.80 | 21.20 | 16.80 |
| Secured loans | 88.60 | 65.50 | 66.40 | 75.20 | 76.40 | 52.70 | 142 |
| Unsecured loans | 162 | 168 | 53.00 | 11.90 | 21.90 | 27.50 | 49.30 |
| Total debt | 250 | 233 | 119 | 87.10 | 98.30 | 80.20 | 191 |
| Total liabilities | 4,328 | 3,934 | 3,393 | 3,049 | 2,464 | 2,000 | 1,713 |
| Assets | |||||||
| Gross block | 4,402 | 3,893 | 3,240 | 2,705 | 2,074 | 1,768 | 1,589 |
| Net block | 2,939 | 2,712 | 2,299 | 1,950 | 1,496 | 1,314 | 1,255 |
| Capital work in progress | 94.30 | 116 | 151 | 126 | 123 | 56.60 | 44.40 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 |
| Inventories | 1,117 | 1,011 | 913 | 875 | 733 | 472 | 540 |
| Sundry debtors | 475 | 435 | 376 | 354 | 269 | 277 | 228 |
| Cash & bank balances | 943 | 608 | 610 | 682 | 642 | 476 | 130 |
| Loans & advances | 103 | 94.10 | 86.80 | 338 | 101 | 44.20 | 64.70 |
| Total current assets | 2,639 | 2,149 | 1,986 | 2,249 | 1,745 | 1,269 | 963 |
| Total current liabilities | 1,402 | 1,066 | 1,059 | 1,283 | 883 | 633 | 533 |
| Net working capital | 1,237 | 1,082 | 927 | 966 | 862 | 636 | 430 |
| Total assets | 4,328 | 3,934 | 3,393 | 3,049 | 2,464 | 2,000 | 1,713 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 608 | 609 | 530 | 641 | 70.70 | 13.90 | 89.20 |
| Net cash from operating activities | 1,117 | 630 | 823 | 557 | 543 | 664 | 405 |
| 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 cash | 282 | (1.30) | 79.90 | (112) | 571 | 56.80 | (75.30) |
| Closing cash | 943 | 608 | 610 | 682 | 642 | 476 | 130 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 / equity | 0.06 | 0.05 | 0.04 | 0.04 | 0.04 | 0.08 | 0.17 |
| Long-term debt / equity | 0.04 | 0.03 | 0.02 | 0.02 | 0.02 | 0.04 | 0.10 |
| Interest cover | 8.61 | 5.88 | 4.04 | 6.36 | 2.06 | 2.51 | 11.82 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.58 | 1.64 | 1.90 | 2.16 | 2.29 | 1.89 | 1.77 |
| Inventory turnover | 6.17 | 6.06 | 6.31 | 6.42 | 7.29 | 6.27 | 5.50 |
| Debtors turnover | 14.43 | 14.38 | 15.45 | 16.54 | 16.10 | 12.59 | 9.09 |
| EPS (βΉ) | 19.95 | 19.47 | 20.30 | 16.97 | 24.07 | 20.12 | 16.42 |
| Dividend per share (βΉ) | 2.50 | 3.75 | 3.75 | 3.50 | 3.00 | 2.00 | 1.00 |
| Book value per share (βΉ) | 150.81 | 134.42 | 118.47 | 100.74 | 116.19 | 94.26 | 99.45 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,772 | 1,368 | 1,903 | 1,382 | 1,416 | 1,207 | 1,542 | 1,270 |
| Revenue growth (YoY) | +25.1% | +13.3% | +23.4% | +8.7% | +15.1% | -3.7% | - | - |
| Other income | 17.60 | 16.70 | 17.80 | 12.80 | 12.50 | 15.30 | 11.20 | 8.50 |
| Total expenses | 1,517 | 1,143 | 1,519 | 1,158 | 1,160 | 1,028 | 1,243 | 1,049 |
| EBITDA | 255 | 225 | 384 | 224 | 256 | 180 | 300 | 222 |
| EBITDA margin | +14.4% | +16.4% | +20.2% | +16.2% | +18.1% | +14.9% | +19.4% | +17.5% |
| Depreciation | 60.50 | 57.90 | 57.00 | 57.10 | 55.60 | 55.90 | 51.30 | 49.80 |
| Interest | 8.20 | 2.20 | 21.30 | 9.30 | 12.60 | 8.70 | 7.10 | 11.10 |
| Profit before tax | 204 | 182 | 323 | 170 | 200 | 130 | 252 | 169 |
| Tax | 51.80 | 45.80 | 85.70 | 43.20 | 50.30 | 33.60 | 62.30 | 43.50 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 5,908 | 5,296 | 5,103 | 4,612 | 3,443 | 2,486 | 2,043 |
| Revenue growth | +11.6% | +3.8% | +10.7% | +33.9% | +38.5% | +21.7% | - |
| Other income | 58.40 | 44.40 | 39.00 | 23.90 | 27.40 | 20.70 | 10.90 |
| Total expenses | 4,865 | 4,359 | 4,231 | 3,864 | 2,810 | 1,964 | 1,676 |
| Employee cost | 447 | 409 | 342 | 247 | 130 | 104 | 97.70 |
| EBITDA | 1,043 | 937 | 873 | 748 | 633 | 522 | 367 |
| EBITDA margin | +17.7% | +17.7% | +17.1% | +16.2% | +18.4% | +21.0% | +18.0% |
| Depreciation | 226 | 192 | 156 | 137 | 105 | 96.20 | 89.90 |
| Interest | 51.90 | 30.60 | 21.00 | 33.30 | 8.90 | 7.60 | 33.70 |
| Profit before tax | 824 | 759 | 735 | 601 | 547 | 439 | 254 |
| Tax | 213 | 192 | 185 | 153 | 142 | 112 | 53.70 |
| Net profit | 602 | 539 | 540 | 444 | 403 | 334 | 202 |
| Net profit margin | +10.2% | +10.2% | +10.6% | +9.6% | +11.7% | +13.5% | +9.9% |
| EPS (βΉ) | 22.71 | 21.05 | 20.46 | 16.65 | 20.14 | 16.26 | 13.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 26.90 | 26.90 | 26.90 | 26.90 | 20.10 | 20.10 | 15.10 |
| Reserves & surplus | 4,080 | 3,569 | 3,103 | 2,652 | 1,986 | 1,625 | 1,317 |
| Shareholders' funds (net worth) | 4,107 | 3,596 | 3,130 | 2,679 | 2,006 | 1,645 | 1,332 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 24.30 | 13.60 | 95.00 |
| Unsecured loans | 100 | 113 | 49.00 | 9.70 | 9.90 | 15.60 | 26.60 |
| Total debt | 100 | 113 | 49.00 | 9.70 | 34.20 | 29.20 | 122 |
| Total liabilities | 4,226 | 3,717 | 3,184 | 2,692 | 2,042 | 1,676 | 1,454 |
| Assets | |||||||
| Gross block | 3,624 | 3,250 | 2,696 | 2,193 | 1,534 | 1,247 | 1,098 |
| Net block | 2,436 | 2,265 | 1,896 | 1,531 | 1,058 | 875 | 822 |
| Capital work in progress | 75.90 | 95.60 | 146 | 126 | 103 | 52.20 | 42.60 |
| Investments | 484 | 371 | 371 | 287 | 334 | 334 | 339 |
| Inventories | 963 | 887 | 803 | 770 | 548 | 360 | 422 |
| Sundry debtors | 335 | 316 | 267 | 235 | 153 | 180 | 139 |
| Cash & bank balances | 921 | 581 | 567 | 445 | 438 | 324 | 71.00 |
| Loans & advances | 80.20 | 82.90 | 66.00 | 129 | 77.10 | 39.00 | 49.60 |
| Total current assets | 2,299 | 1,867 | 1,703 | 1,579 | 1,216 | 903 | 682 |
| Total current liabilities | 1,280 | 982 | 984 | 856 | 678 | 509 | 450 |
| Net working capital | 1,019 | 885 | 719 | 722 | 538 | 394 | 232 |
| Total assets | 4,226 | 3,717 | 3,184 | 2,692 | 2,042 | 1,676 | 1,454 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 581 | 567 | 394 | - | 58.60 | 10.90 | 53.10 |
| Net cash from operating activities | 1,084 | 620 | 788 | - | 471 | 515 | 339 |
| 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 cash | 290 | 14.20 | 173 | - | 379 | 47.70 | (42.20) |
| Closing cash | 921 | 581 | 567 | - | 438 | 324 | 71.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 / equity | 0.03 | 0.02 | 0.01 | - | 0.02 | 0.05 | 0.13 |
| Long-term debt / equity | 0.02 | 0.02 | 0.01 | - | 0.01 | 0.03 | -0.11 |
| Interest cover | 6.35 | 4.11 | 2.93 | 5.46 | 1.69 | 1.78 | 12.15 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.72 | 1.78 | 2.09 | - | 2.48 | 2.12 | 2.07 |
| Inventory turnover | 6.39 | 6.27 | 6.49 | - | 7.59 | 6.35 | 5.66 |
| Debtors turnover | 18.17 | 18.16 | 20.31 | - | 20.67 | 15.59 | 11.27 |
| EPS (βΉ) | 22.71 | 21.05 | 20.46 | 16.65 | 20.14 | 16.26 | 13.30 |
| Dividend per share (βΉ) | 2.50 | 3.75 | 3.75 | 3.50 | 3.00 | 2.00 | 1.00 |
| Book value per share (βΉ) | 152.63 | 133.63 | 116.30 | 99.56 | 99.76 | 81.79 | 88.11 |
Investments & Acquisitions by Astral Poly Technik
Astral Poly Technik has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Gem Paints, Resinova Chemie and Rexpoly.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Coatings and paints are manufactured by Gem Paints in India. | gem-paints.com | Bengaluru, India | 1981 | Apr 2022 | $25.35M | |
Manufacturer of pipes and sewage treatment plants | rexpoly.co.in | Sangli, India | 2006 | Jul 2018 | $1.13B | |
Adhesives and diversified chemicals are manufactured in Kanpur, India. | resinova.com | Kanpur, India | 1987 | Nov 2014 | $25.4M |
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Timeline of Astral Poly Technik
4 dated milestones of Astral Poly Technik across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Astral Poly Technik is founded.
- Acquisition Acquires Resinova Chemie.
- Acquisition Acquires Rexpoly.
- Acquisition Acquires Gem Paints.
Competitors of Astral Poly Technik
Astral Poly Technik has 3 listed competitors in our database, 1 of them funded. They include Vectus, Ashirvad and Apollo Pipes.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vectus.in | 1989 | Noida, India | $16.7M | 485 | Vectus is recognized as a leading manufacturer of water storage solutions in India. | |
| ashirvad.com | 1998 | Bengaluru, India | 2,649 | PVC and CPVC piping systems are manufactured for plumbing applications. | ||
| apollopipes.com | 1985 | Noida, India | 639 | Manufacturer of PVC pipes, fittings, and bathroom fixtures |
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Web traffic of Astral Poly Technik
The website of Astral Poly Technik (astralpipes.com) receives about 66.1K visits a month and ranks #462,499 among all websites worldwide, #6,092 in Chemical Industry.
- Monthly visits66.1K
▲ 10.3% vs previous month
- Unique visitors23.5K
per month
- Global rank#462,499
among all websites
- Category rank#6,092
Heavy Industry and Engineering · Chemical Industry
- Bounce rate44%
- Pages per visit3.9
- Average visit3 min 59 sec
- DevicesDesktop 45% Β· Mobile 55%
Websites whose visitors overlap most with Astral Poly Technik. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| princepipes.com | 100% | 23.7K | #1,150,563 | View details | |
| finolexpipes.com | 98% | 44.1K | #646,025 | View details | |
oriplast.com | oriplast.com | 96% | #1,436,968 | β | |
ajaypipes.com | ajaypipes.com | 82% | #3,097,636 | β | |
| vectus.in | 81% | 27K | #723,548 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
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Top companies in Building Materials
3 companies that operate in the same segment as Astral Poly Technik (Building Materials) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products | 1975 | Kanpur, Uttar Pradesh, India | USD 1.44 B | 9,047 | ||
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | USD 3.87 B | 10 | ||
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions | 1960 | Gurugram, Haryana, India |
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Related news about Astral Poly Technik
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Frequently Asked Questions about Astral Poly Technik
Astral Poly Technik was founded in 1999.
Astral Poly Technik is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Suneel Menon is the CEO of Astral Poly Technik, as recorded in our data.
The primary company behind Astral Poly Technik, Astral Limited, reported revenue of βΉ6,616 Cr for FY 2026, up 13% year on year.
Astral Poly Technik was established in 1999 in Ahmedabad, India, within the manufacturing sector focused on plastic products. Operations center on the production of PVC pipes and fittings for plumbing, drainage, sewerage, industrial, and fire sprinkler systems. Additional items such as water tanks, cable protection conduits, and insulation tubes are included in the portfolio. The company serves infrastructure and utility needs across domestic and industrial markets.
Astral Poly Technik's top competitors include Vectus, Ashirvad and Apollo Pipes.
Astral Poly Technik offers CPVC PRO, Aquasafe, Silencio, Cleo, and Chem Pro.
Yes, Astral Poly Technik is publicly traded on NSE under the ticker symbol ASTRAL.
Astral Poly Technik has made 3 acquisitions, including Gem Paints, Resinova Chemie, and Rexpoly.
Astral Poly Technik is associated with 3 legal entities: Astral Limited, Resinova Chemie Limited, Astral Biochem Private Limited.
The legal entities of Astral Poly Technik currently have 16 directors, including Saumya Sandeep Engineer, Sandeep Pravinbhai Engineer, Kaushal Dakshesh Nakrani and others.

