Astral Ltd Q1 FY27 Share Price & Earnings Call Analysis

Financials of Astral Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Astral Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +1,5061,2831,3631,3701,6251,3841,3701,3971,6811,3611,5771,5422,088
Expenses +1,1991,0821,1431,1651,3341,1691,1601,1781,3801,1761,3211,3041,706
Operating Profit307202220205291214210219302185257237383
OPM %20%16%16%15%18%16%15%16%18%14%16%15%18%
Other Income +121213610129129911-711
Interest36888810141012161324
Depreciation44464950525660636572727374
Profit before tax272162177154241163149154236110180144297
Tax %24%26%26%26%25%27%27%27%25%28%25%25%28%
Net Profit +20611913211318112010911317879135108213
EPS in Rs7.664.464.884.236.764.484.094.256.673.025.024.017.93

Financials of Astral Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +1,4101,6781,8952,0732,5072,5783,1764,3945,1585,6415,8326,569
Expenses +1,2421,4701,6331,7592,1262,1362,5393,6404,3494,7174,8865,507
Operating Profit1682082613143824426387548109259461,062
OPM %12%12%14%15%15%17%20%17%16%16%16%16%
Other Income +3-48131511253537364125
Interest253018223239131340294164
Depreciation3642505781108116127178198243292
Profit before tax110132201248283306533648628734702731
Tax %29%22%28%29%30%18%23%24%25%26%26%27%
Net Profit +78102145176197250408490472546519535
EPS in Rs2.893.795.446.587.369.2515.1018.0617.0020.3319.5019.90
Dividend Payout %6%5%5%4%4%6%10%12%21%18%19%13%

Financials of Astral Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital121212121215202027272727
Reserves6076968351,0061,2661,4881,8762,3162,6843,1613,5904,031
Borrowings +203197229189275191809887119233250
Other Liabilities +3443973864685465956979521,5641,1881,1981,504
Total Liabilities1,1651,3011,4621,6752,0992,2892,6733,3874,3624,4965,0485,812
Fixed Assets +5576457418421,1051,2551,3141,4961,9502,2992,7122,945
CWIP2715257381445712312615111689
Investments000000000000
Other Assets +5826416957599139901,3021,7682,2862,0462,2202,778
Total Assets1,1651,3011,4621,6752,0992,2892,6733,3874,3624,4965,0485,812

Financials of Astral Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +1172261142823424056645435578236301,117
Cash from Investing Activity +-343-203-158-185-291-318-45472-478-541-513-506
Cash from Financing Activity +2371612-71-5-163-153-44-191-202-118-328
Net Cash Flow1138-322546-7557571-11280-1282
Free Cash Flow3291-459812219249319824727390661
CFO/OP85%123%60%110%110%110%122%94%89%108%85%123%

Financials of Astral Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days604965544932322225242726
Inventory Days9284769488124889196100109103
Days Payable93968092861099693889592107
Cash Conversion Cycle603861565147232033294423
Working Capital Days643039372742121317162511
ROCE %21%18%22%23%23%21%29%29%24%23%20%20%