Why Astral Shares Fell 7% After Q1 Result? Here’s Brokerage View on BSE 500 Stock

Astral shares crashed nearly 7% on Tuesday after the company announced its earnings for the June quarter. The plastic products manufacturer had reported a 32% decline in its net profit to Rs 811 crore.

Astral shares were trading 6.53% lower at Rs 1292 per share on BSE at 11 am. The stock had touched an intraday low of Rs 1277.7 per share on the BSE and an intraday high of Rs 1354.65 per share.

Astral Q1 Result Review, And Share Price Recommendation

Astral's operating performance came below the expectation mark, with its consolidated revenue declining 2% year-on-year and by 19% on a sequential basis, according to Motilal Oswal brokerage. The company's consolidated EBITDA margin also fell by 14% annually to Rs 1.8 billion, which was lower than Motilal Oswal's estimated EBITDA of Rs 2.4 billion. The EBITDA margin contracted to 13.6% against MOSL's estimate of 15.5% driven by an increase in employee expenses and raw materials.

The brokerage maintained a 'Buy' rating for the stock and is likely to review its target price for Astral after the company's conference call, scheduled for Tuesday.

Astral Limited's plumbing revenue took a major hit during the June quarter, with revenue standing at Rs 9.5 billion and EBITDA margin at Rs 989 million. The company's EBITDA margin stood at 10.4%. The company's volume in the plumbing segment remained flat on a year-on-year basis, but declined around 17% on a sequential basis to 56 KMT.

The company's adhesive and paints segment performed decently during the quarter with revenue standing at Rs 4 billion and EBIT at Rs 196 million. The company's EBIT margin in the segment stood at 4.8% and EBITDA stood at Rs 375 million.

Astral Q1 Result Recap

The company reported a 32% decline in its net consolidated profit (attributable to shareholders of the company) to Rs 811 crore in the June quarter against Rs 1,204 crore reported in the year-ago period.

The company had reported a decline in its consolidated revenue to Rs 13,612 crore in Q1FY26 against Rs 13,836 crore reported in Q1FY25. Astral's earnings per share stood at Rs 3.02 in the quarter under review.

Astral Share Price Trend

Astral's share price was down nearly 7% during Tuesday's intraday trading session. The stock had touched a 52-week high mark of Rs 2,039.95 per share on BSE on 29 September, 2024, and a 520-week low mark of Rs 1,232 per share on 13 March, 2025.

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