- Astral’s net income for the fourth quarter was 1.82 billion rupees, falling short of the estimate of 1.89 billion rupees, a 12% year-on-year decrease.
- The company’s revenue stood at 16.3 billion rupees, a 7.9% increase compared to the previous year, although it was below the estimate of 16.63 billion rupees.
- Plumbing revenue generated 12.3 billion rupees, up 9.8% year-on-year, but was just under the estimate of 12.86 billion rupees.
- Revenue from paints and adhesives was up 4.4% year-on-year to 4 billion rupees, shy of the in-advance prediction of 4.27 billion rupees.
- Total costs came up to 13.9 billion rupees, marking a year-on-year increase of 11%.
- The dividend per share was listed at 2.25 rupees.
- Astral received 12 buy recommendations, 10 hold recommendations, and 5 sell recommendations from analysts who assessed the company’s performance.
- All comparisons to past results are based on values the company had originally disclosed.
A look at Astral Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Looking ahead, Astral Ltd appears to have a promising long-term outlook based on the Smartkarma Smart Scores. With strong scores in Growth, Resilience, and Momentum, the company is positioned well for future success. Astral Ltd‘s focus on expanding and adapting to market trends, coupled with its ability to withstand economic fluctuations, indicates a stable foundation for growth.
As a manufacturer of CPVC plumbing systems for various applications, including residential and industrial use, Astral Polytechnik Limited has established itself as a leader in the industry. With a solid overall outlook as reflected in its Smart Scores, investors may find Astral Ltd to be an attractive long-term investment option.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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