Astral's Q1 FY 2026-27 Quarterly Results

Result Summary

• Astral Ltd reported a 24.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 16.1%.
• Its expenses for the quarter were down by 20.8% QoQ and up 13.3% YoY.
• The net profit decreased 43.6% QoQ and increased 51.8% YoY.
• The earnings per share (EPS) of Astral Ltd stood at 4.47 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Astral Ltd is a prominent player in the industrial sector, primarily known for its manufacturing and distribution of piping and plumbing products. The company has diversified its product range to include adhesives and sealants, catering to a wide array of construction and industrial applications. Astral Ltd operates within the industrial and manufacturing industry, where it is recognized for its innovative approach and high-quality products. As of the latest update, there are no specific recent major developments available for Astral Ltd.

Revenue

In Q1FY27, Astral Ltd reported a total income of ₹1590.80 crores. This marks a significant decrease of 24.5% compared to the previous quarter, Q4FY26, where the total income was ₹2105.80 crores. However, when compared year-over-year to Q1FY26, where the total income was ₹1370.30 crores, there is a 16.1% increase in revenue. The company has shown a positive annual growth trend, despite the quarterly decline in total income. This fluctuation could be attributed to various factors such as seasonal demand variations or changes in market conditions affecting the company's sales.

Profitability

Astral Ltd's profitability metrics for Q1FY27 show a profit before tax of ₹162.80 crores, which is a substantial decrease of 45.1% from the previous quarter's ₹296.60 crores. However, compared to Q1FY26, there is a significant increase of 48.3%. The company's tax expenses for Q1FY27 were ₹42.60 crores, down 49.0% from Q4FY26 and up 39.2% from Q1FY26. Profit after tax for Q1FY27 stood at ₹120.20 crores, representing a decrease of 43.6% from the previous quarter but an increase of 51.8% compared to the same quarter last year. Earnings per share for Q1FY27 were ₹4.47, down from ₹7.93 in Q4FY26 but up from ₹3.02 in Q1FY26, reflecting the fluctuations in net profitability.

Operating Metrics

The operating metrics for Astral Ltd reveal a notable decline in both revenue and profit margins on a quarter-over-quarter basis, while showing growth on a year-over-year basis. Total expenses for Q1FY27 were ₹1428.00 crores, a reduction of 20.8% from the previous quarter, which had expenses of ₹1803.10 crores. Compared to Q1FY26, there is an increase of 13.3% in total expenses. The reduction in quarterly expenses aligns with the decrease in total income, whereas the year-over-year increase in expenses corresponds with the growth in total income. The company has managed to keep expense growth lower than income growth on a yearly basis, which has contributed to improved profitability over the year.