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Astral Ltd (Astral) carries out the business of manufacturing and distributing building materials. The company's main activities include producing polymer piping systems, adhesives, sealants, construction chemicals, and paints. It offers products such as pipes, fittings, water tanks, adhesives, and a range of paints. Astral markets its products under the brand names Astral Pipes, Astral Adhesives, and Astral Paints. The company's products serve a diverse customer base across residential, commercial, and industrial sectors, providing solutions for plumbing, construction, and decorative applications. It operates through a network of distributors to ensure product availability across various regions. The company has manufacturing facilities in multiple locations across India, the UK, and the US. Astral is headquartered in Ahmedabad, Gujarat, India.
Headquarters
India
Address
Astral House 207/1, Bh. Rajpath Club, Off. S.G. Highway, Ahmedabad, Gujarat, 380059
Website
www.astralpipes.com
Telephone
91 79 66212000
No of Employees
4,652
Industry
Construction
Ticker Symbol & Exchange
ASTRAL (NSE)
Revenue (2025)
$697.1M
3.4%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
-4.1%
(2025 vs 2024)
Market Cap*
$4.4B
Net Profit Margin (2025)
XYZ
-7.2%
(2025 vs 2024)
* As of and is in US$
Products and Services
| Products | Brands |
|---|---|
| Plumbing Pipes and Fittings | Astral |
| Sewerage Drainage Pipes and Fittings | |
| Agriculture Pipes and Fittings | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In November, the company acquired an 80% stake in Nexelon Chem Private Limited. |
| 2025 | Regulatory Approval | In September, the company received approval from its board to acquire the remaining 5% stake in Seal IT Services Limited, UK. |
| 2025 | Contracts/Agreements | In April, the company entered into an agreement to acquire Al-Aziz Plastics Private Limited for US$3.85 million. |
Competitor Comparison
| Key Parameters | Astral Ltd | The Supreme Industries Ltd | Electrosteel Castings Ltd | Jain Irrigation Systems Ltd | Finolex Industries Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Ahmedabad | Mumbai | Kolkata | Jalgaon | Pune |
| State/Province | Gujarat | Maharashtra | West Bengal | Maharashtra | Maharashtra |
| No. of Employees | 4,652 | 5,993 | 3,015 | 7,551 | 1,499 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Sandeep Pravin Chandra Engineer | Chairman; Managing Director | Executive Board | 1996 | - |
| Hiranand Asandas Savlani | Chief Financial Officer; Director | Executive Board | 2023 | - |
| Jagruti Sandeep Engineer | Director | Executive Board | 1996 | 61 |
| Girish Bhanu Bhai Joshi | Director | Executive Board | 2021 | - |
| Kairav Sandeep Engineer | Director | Executive Board | 2011 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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