Astral Ltd

Revenue from operations rose 15.1% year-on-year to Rs 1,577.4 crore, up from Rs 1,370.4 crore in Q2 FY25, driven by sustained demand in both core segments. Profit after tax (PAT) rose 24% YoY to Rs 134.8 crore, translating into a margin of 8.5%, up from 7.9% in Q2 FY25. Profit before tax (PBT) climbed 20.9% YoY to Rs 179.9 crore, while EBITDA grew 22.5% YoY to Rs 268.2 crore, with margins improving to 17% from 16% a year earlier. In the paints and adhesives business, revenue from operations rose 13.6% YoY to Rs 458.8 crore. Segment EBITDA surged 33.5% YoY to Rs 55.3 crore, with margins expanding to 12.1% from 10.3% in Q2 FY25. The paint business grew by 17.1% in Q2 FY26 on YoY basis in sales. In the plumbing business, revenue stood at Rs 1,118.6 crore, a 15.7% YoY rise. Segment EBITDA grew 20% YoY to Rs 212.9 crore, with the margin improving to 19% from 18.4%. Sales volume increased 20.6% YoY to 61,224 M.T. Overall demand scenario in polymer industry was weak and the average PVC prices drop was 10.6% on YoY basis in Q2 FY26. Inspite of that, the company has delivered an industry leading volume and value growth of 20.6% and 15.7% respectively in plumbing business in Q2 FY26. This clearly suggest that company was able to grow its share in value added products and delivered EBIDTA growth of 20% on YoY basis in Q2 FY26. Consolidated cash (including cash equivalents) and bank balances as at 30 September 2025 is Rs 555.2 crore. The board approved a payment of interim dividend of Rs 1.50 per share. Astral is one of India's leading building materials companies, with a diversified presence across essential construction and infrastructure product categories. Starting with a focused offering in pipes and fittings, the company has, over the years, systematically expanded its portfolio to include adhesives, sealants, water storage solutions, bathware, valves, paints, construction chemicals, and infrastructure products. Powered by Capital Market - Live

Astral announced that the Board of Directors of the Company at its meeting held on 05 November 2025, has recommended a Interim Dividend of Rs.1.50 per share (i.e.150%), subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Astral rose 22.55% to Rs 134.80 crore in the quarter ended September 2025 as against Rs 110.00 crore during the previous quarter ended September 2024. Sales rose 15.11% to Rs 1577.40 crore in the quarter ended September 2025 as against Rs 1370.40 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales1577.401370.40 15 OPM %16.2815.33 - PBDT252.20208.70 21 PBT179.90148.80 21 NP134.80110.00 23 Powered by Capital Market - Live

Astral will hold a meeting of the Board of Directors of the Company on 5 November 2025.Powered by Capital Market - Live

Astral announced the commissioning of commercial production at its Kanpur plant with effect from 06 October 2025. Powered by Capital Market - Live

By acquiring the balance 5% stake, the company has increased its holding in Seal IT from 95% to 100%, making it a wholly owned subsidiary. Seal IT is a subsidiary of the company, involved in the business of the manufacturing of adhesive and sealants. Its turnover was GBP 33.44 million in FY25. The acquisition of its entire stake is likely result in operational efficiency and fast decision making process. The transaction is expected to be completed on or before 30 September 2025. Astral is a leading building materials company, with a diversified presence across essential construction and infrastructure product categories. The company reported a 32.64% year-on-year drop in consolidated profit after tax (PAT) to Rs 81.10 crore for the quarter ended June 2025. Revenue from operations stood at Rs 1,361.2 crore, down 1.62% as against Rs 1,383.6 crore in the same quarter last year. The counter rose 0.64% to Rs 1,432.35 on the BSE.Powered by Capital Market - Live

The company reported a 32.64% year-on-year drop in consolidated profit after tax (PAT) to Rs 81.10 crore for the quarter ended June 2025, hurt by weaker operating performance across segments. Revenue from operations stood at Rs 1,361.2 crore, down 1.62% as against Rs 1,383.6 crore in the same quarter last year. Profit before tax (PBT) declined 32.7% to Rs 109.8 crore from Rs 163.3 crore a year earlier. Earnings before interest, tax, depreciation and amortisation (EBITDA) fell 14.3% to Rs 194 crore, while EBITDA margin contracted to 14.3% from 16.4% in Q1 FY25. In the plumbing business, revenue dropped 5.8% year-on-year to Rs 953.9 crore, with segment EBITDA down 13.8% to Rs 156.5 crore and margins narrowing to 16.4% from 17.9%. Sales volume rose 0.47% to 56,074 metric tonnes from 55,810 MT. The paints and adhesives business delivered a 10% revenue increase to Rs 407.3 crore, but segment EBITDA slipped 15.9% to Rs 37.5 crore, with margins declining to 9.2% from 12.0%. The company noted that Q1 FY26 was marked by a weak demand scenario in the polymer industry and volatile polymer prices. Average PVC prices fell around 14% YoY and 4-5% sequentially, resulting in inventory losses. Astral expects PVC prices to stabilise from Q2, aiding realisations and boosting demand, with July already showing improvement. Separately, Astral signed an agreement to acquire an 80% equity stake in Nexelon Chem for Rs 80,000 at par value. The Rs 150 crore project will produce 40,000 metric tonnes of CPVC resin annually. Astral will invest about Rs 120 crore, in proportion to its stake, in a phased manner over the next 12 months. The transaction is expected to close within 60 days, with commercial production slated for Q2 FY27. As of 30 June 2025, the company held consolidated cash and bank balances of Rs 488.8 crore. Astral is a leading building materials company, with a diversified presence across essential construction and infrastructure product categories. Powered by Capital Market - Live

Net profit of Astral declined 32.64% to Rs 81.10 crore in the quarter ended June 2025 as against Rs 120.40 crore during the previous quarter ended June 2024. Sales declined 1.62% to Rs 1361.20 crore in the quarter ended June 2025 as against Rs 1383.60 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales1361.201383.60 -2 OPM %13.5815.50 - PBDT181.70218.70 -17 PBT109.80163.10 -33 NP81.10120.40 -33 Powered by Capital Market - Live

Astral announced that the 29th Annual General Meeting(AGM) of the company will be held on 25 August 2025.Powered by Capital Market - Live

Astral will hold a meeting of the Board of Directors of the Company on 11 August 2025.Powered by Capital Market - Live