)
Astral (ASTRAL) investor relations material
Astral Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved 17% volume growth and maintained an 18.2% EBITDA margin in Q3 FY26 despite industry volatility and fluctuating polymer prices.
Consolidated revenue for Q3 FY26 was Rs. 15,415 million, up from Rs. 13,970 million year-over-year, with net profit at Rs. 1,077 million.
Expanded product portfolio and geographic reach, leveraging INR 1,400 crore CapEx over the last four years.
New plants in Hyderabad and Kanpur contributed to volume and market share gains.
Upgraded DJSI ESG score from 48 to 60, well above the industry average.
Financial highlights
Q3 FY26 total revenue rose to INR 1,541 crore from INR 1,397 crore year-over-year.
Q3 EBITDA increased to INR 247 crore from INR 231 crore year-over-year; EBITDA for the quarter was Rs. 1,608 million, up from Rs. 1,543 million.
Pipes revenue grew to INR 1,072 crore (from INR 990 crore), adhesives India to INR 319 crore (from INR 280 crore), adhesives UK to INR 90 crore (from INR 77 crore), and paint to INR 61 crore (from INR 50 crore).
Inventory loss of INR 20-25 crore due to PVC and CPVC price reductions impacted Q3 results.
Exceptional item of INR 16.5 crore (Rs. 165 million) provided in Q3 due to labor code changes, reducing PAT.
Outlook and guidance
Confident of achieving double-digit volume growth for the full year, with Q4 expected to be strong.
EBITDA margin guidance: 16%-18% for polymers, 12%-14% for adhesives and paint.
CPVC plant trial runs expected in Q3 FY27, with commercial production in Q4 FY27 and full contribution from FY28.
Paint business expected to maintain 20%+ growth; adhesives India to continue 15% growth run rate.
Recent acquisitions are expected to contribute to future growth, though current period results are not fully comparable due to consolidation of new subsidiaries.
- TimeTickerHeadlineOpen
- 6 FebJOUT
Net sales up 31%, gross margin at 36.6%, and net loss narrowed to $3.3 million. - 6 FebPECO
Record 2025 occupancy and 7% Core FFO growth; 2026 targets 5.5% FFO growth and strong acquisitions. - 6 FebPROV
Q2 FY2026 net income rose 65% year-over-year, with higher margins and strong credit quality. - 6 FebNVDA
AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRI
Net loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high. - 6 FebCRI
Net loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway. - 6 FebEMBASSY
Record revenue, NOI, and distributions highlight strong growth and robust segment performance. - 6 FebCRI
Revenue fell and losses deepened, but ESA contracts and R&D projects drive future prospects.
Next Astral earnings date
Next Astral earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)