Astral Q1 FY 2026-27 Results: PAT Jumps 52% To ₹120 Crore
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Astral Q1 FY27 Results: Consolidated revenue increased 15.9% to ₹1,578 crore and PAT climbed 51.8% to ₹120.2 crore. The company also gained market share in pipes even though industry demand was weak.
Astral's strong start to FY27 was helped by better profitability across its plumbing and paints & adhesives businesses.
For the quarter ended 30 June 2026, consolidated revenue from operations rose 15.9% year-on-year to ₹1,578 crore from ₹1,361 crore. Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 25.8% to ₹244 crore, while the EBITDA margin improved to 15.5% from 14.3% a year ago.
Profit before tax (PBT) climbed 48.3% to ₹162.8 crore, and profit after tax before OCI surged 51.8% to ₹120.2 crore. Cash profit also grew 29.5% to ₹195.6 crore, while earning per share (EPS) rose to ₹4.47 from ₹3.02.
Astral Q1 FY 2026-27: Performance Summary
The plumbing business generated revenue of ₹1,050.5 crore, up 10.1% year-on-year, while segment EBITDA rose 26.7% to ₹198.3 crore, with margin expanding to 18.9%. Sales volume remained largely flat at 56,146 metric tonnes, even as the industry witnessed an estimated 10% decline in demand because of volatile PVC prices. Astral said better realisations supported value growth and helped it gain market share.
The company also expanded its pipes and fittings production capacity to 421,497 metric tonnes during the quarter. Its new 40,000 MT CPVC resin plant remains on track for completion by December 2026, with trial runs expected in Q4 FY27.
The paints and adhesives business continued to grow rapidly, with revenue increasing 29.5% to ₹527.5 crore. Segment EBITDA rose 21.9% to ₹45.7 crore.
Within the segment, the domestic adhesives business recorded 24.9% sales growth, while overseas adhesives revenue grew 26% with a positive EBITDA margin of 4.9%. Paint sales jumped 48.7%, reaching EBITDA break-even for the first time. Bathware revenue also increased 18.1% during the quarter.
The company ended June 2026 with consolidated cash and bank balances of ₹466.6 crore.
Management Commentary And Stock Price
Astral expects demand conditions to improve as PVC prices stabilise, supported by the implementation of the Minimum Import Price (MIP). The company also expects its upcoming CPVC resin plant and continued expansion across plumbing, adhesives, paints and speciality chemicals to support market share gains and profitability in the coming quarters.
At the close of the trading day on 12 August, Astral Limited’s share price was ₹1,464.0 on the National Stock Exchange, a rise of 2.74%.
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