Astral Ltd.

NSE: ASTRAL  SECTOR: Plastic Products

1680.45
+0.7 (0.04%)

Price Summary

Today's High

₹ 1704.9

Today's Low

₹ 1528.55

52 Week High

₹ 1987.5

52 Week Low

₹ 576

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.

Company Essentials

Market Cap

33761.54587356 Cr.

Enterprise Value

33808.84587356 Cr.

No. of Shares

20.0907768 Cr.

P/E

149.45

P/B

22.17

Face Value

₹ 1

Div. Yield

0.04%

Book Value (TTM)

₹  75.8055

CASH

71 Cr.

DEBT

118.3 Cr.

Promoter Holding

55.74%

EPS (TTM)

₹  11.244

Sales Growth

6.63465051939238%

ROE

16.6645918917797 %

ROCE

20.6004288777698 %

Profit Growth

9.82964558449187 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

Sales Growth (in Cr.)

1 Year6.63%
3 Year11.42%
5 Year10.28%

Profit Growth (in Cr.)

1 Year42.01%
3 Year23.49%
5 Year23.87%

ROE%

1 Year16.66%
3 Year14.66%
5 Year13.69%

ROCE %

1 Year20.6%
3 Year20.05%
5 Year18.81%

Debt/Equity

0.0889875131638333

Price to Cash Flow

99.47

Interest Cover Ratio

8.55192878338279

CFO/PAT (5 Yr. Avg.)

1.80959686337936

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2020 55.74 0
Sep 2020 55.74 0
Jun 2020 55.74 0
Mar 2020 55.74 0
Dec 2019 55.74 0
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 23.4899928329418% for the Past 3 years.
  • The company has significantly decreased its debt by 78.1 Cr.
  • Company has been maintaining healthy ROCE of 20.0507608033817% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 8.55192878338279.
  • The company has an efficient Cash Conversion Cycle of 57.9351551697965 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.80959686337936.
  • The company has a high promoter holding of 55.74%.

 Limitations

  • The company has shown a poor revenue growth of 11.4237774589352% for the Past 3 years.
  • The company is trading at a high PE of 149.45.
  • The company is trading at a high EV/EBITDA of 81.526.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
Net Sales 520 505.7 316.5 567 693.1
Total Expenditure 420.1 422.4 270.3 451.7 534.6
Operating Profit 99.9 83.3 46.2 115.3 158.5
Other Income 2.3 0 3 3.9 4.5
Interest 3 3.5 3.6 -2.3 -0.3
Depreciation 22.8 24.2 23.6 23.9 24.2
Exceptional Items 0 -2.5 0 -7 0
Profit Before Tax 76.4 53.1 22 90.6 139.1
Tax 18.7 13.8 5.5 24.5 35.1
Profit After Tax 57.7 39.3 16.5 66.1 104
Adjusted EPS (Rs) 0.29 0.2 0.08 0.33 0.52

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Net Sales 1318.01 1476.7 1581.96 1915.7 2042.8
Total Expenditure 1152.25 1269.69 1345.33 1611.8 1673.1
Operating Profit 165.77 207.01 236.63 303.9 369.7
Other Income 2.08 8.25 11.05 11.5 10.9
Interest 27.64 14.3 17.4 28.1 33.7
Depreciation 35.44 41.73 46.67 67.1 89.9
Exceptional Items -0.83 0 -2.96 -2 -2.5
Profit Before Tax 103.94 159.23 180.65 218.2 254.5
Tax 31.09 52.61 61.63 76.8 53.7
Net Profit 72.85 106.63 119.02 141.4 200.8
Adjusted EPS (Rs.) 3.65 5.34 5.96 7.07 9.97

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity and Liabilities
Share Capital 11.98 11.98 11.98 12 15.1
Total Reserves 720.21 824.25 936.82 1142 1316.6
Borrowings 121.59 98.51 73.35 121.3 89.1
Other N/C liabilities 21.81 26.59 29.3 48.1 39.7
Current liabilities 348.73 355.27 379.84 461.6 481.2
Total Liabilities 1224.31 1316.59 1431.29 1785 1941.7
Assets
Net Block 361.15 409.13 448.65 685.9 822.3
Capital WIP 8.07 17.25 64.67 77.5 42.6
Investments 336.39 335.91 337.59 339.9 338.8
Loans & Advances 28.18 25.74 33.42 63.8 56
Other N/C Assets 2.22 1.11 0.34 1.5 0.2
Current Assets 488.3 527.44 546.61 616.4 681.8
Total Assets 1224.31 1316.59 1431.29 1785 1941.7
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Profit Before Tax 103.94 159.23 180.65 218.2 254.5
Adjustment 65.9 47.77 67.55 87.1 135.3
Working Capital Changes 38.53 -78.01 41.92 55.6 27.6
Tax Paid -22.01 -42.07 -58.8 -72.3 -78
Operating Cash Flow 186.35 86.91 231.32 288.6 339.4
Investing Cash Flow -174.82 -103.91 -124.25 -268.5 -240.6
Financing Cash Flow 26.98 -13.74 -83.69 -7.3 -141
Net Cash Flow 38.5 -30.74 23.37 12.8 -42.2

Corporate Actions

Ratings & Research Reports

Company Presentations

Company News

Astral Stock Price Analysis and Quick Research Report. Is Astral an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Astral has a PE ratio of 149.453041622199 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Astral has ROA of 10.776290015295 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Astral has a Current ratio of 1.4168744804655 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Astral has a ROE of 16.6645918917797 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Astral has a D/E ratio of 0.0889875131638333 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Astral has an Inventory turnover ratio of 5.66107801025357 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Astral has reported revenue growth of 6.63465051939238 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Astral for the current financial year is 18.0977090268259 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Astral is Rs 1 and the yield is 0.0446 %.

Brief about Astral

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