Astral Poly Technik Ltd, established in 1996 with a focus on manufacturing pro-India plumbing and drainage systems, has expanded its business footprint to include adhesives. The company caters to a growing market, driven by infrastructure development and strong consumer demand.
Financial Highlights:
- Revenues for Q2FY26 rose 15.11% year-on-year to ₹1,577 crore from ₹1,370 crore.
- Total expenses increased 14.55% to ₹1,409 crore from ₹1,230 crore.
- Consolidated net profit surged 23.85% to ₹135 crore, up from ₹109 crore last year.
- Earnings per share jumped 22.74% to ₹5.02 from ₹4.09.
Key Drivers:
- The plumbing division posted strong volume growth of 20.6%, driving revenue growth to ₹1,119 crore.
- Paints and adhesives business revenue grew 13.6%, contributing to margin expansion.
- New commercial production at the Kanpur plant has enhanced capacity.
- Astral declared an interim dividend of ₹1.50 per share, signaling confidence in cash flow and future prospects.
Outlook:
Astral is well positioned for continued growth through product innovation, capacity expansion, and strategic investments. The company’s diversified portfolio across plumbing, paints, adhesives, and bathware, coupled with operational discipline, is expected to drive sustainable value creation.
This solid Q2FY26 performance showcases Astral’s resilience and strategic foresight within growing infrastructure and consumer markets.
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