Astral Ltd - 532830 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst /Institutional Investor Meetings.13-08-2021
13-08-2021
Astral Ltd - 532830 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst /Institutional Investor Meetings.13-08-2021
Hold Astral: target of Rs 2160: ICICI Direct
ICICI Direct recommended hold rating on Astral with a target price of Rs 2160 in its research report dated August 11, 2021.11-08-2021
Astral Ltd - 532830 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst /Institutional Investor Meetings.11-08-2021
Earnings Call for Q1FY22 of Astral Ltd
Conference Call with Astral Pipes Management and Analysts on Q1FY22 Performance and Outlook. Listen to the full earnings transcript.09-08-2021
Astral Ltd - 532830 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement - 25th Annual General Meeting.09-08-2021
Q1FY22 Result Announced for Astral Ltd.
Astral Limited delivers Consolidated top line and PBT growth of 73% and 332% respectively for Q1 F.Y. 2021-22 Adhesive Business (Resinova + Seal IT): The Company has commenced commercial production of plastic storage tanks at Ghiloth Plant (3rd plant) in July 2021. (Aurangabad and Gujarat were already in operations) Construction of plastic storage tank plant at Hosur (4th plant) is going on with full swing, we are aiming to start production by November 2021. Plastic storage tank has received very encouraging response from our distributors(850+) and dealers(33,000+) community and once PAN INDIA availability will be there (By March 2022) we can see a very good numbers from this segment also. Valve Project will be completed in Q2 FY 2021-22. Due to second wave of Covid, the Odisha plant commencement is slightly delayed. Now instead of September 2021 it will start commercial production in November 2021. PVC prices dropped very heavily (15% plus) in Q1 but now trying to stabilize and again due to supply constraint some upward journey has commenced. Demand scenario of pipe as well as adhesives was affected heavily in May and first half of June. But from Last week of June onwards both businesses have gained very fast momentum and we are seeing very encouraging sales numbers in both segments pipes and adhesives. In July 2021 pipe sales has grown by 65% and adhesives by 36% in comparison to July 2020. Proposed merger of subsidiaries Astral Biochem Private Limited and Resinova Chemie Limited with Astral Limited is pending with regulatory authorities for approval. We are expecting it will be completed by Q4 2021-22. We are working for integration of two businesses and cross selling synergies, once merger will be completed we will start implementing the same. Result PDF09-08-2021
Astral Ltd - 532830 - Reg. 34 (1) Annual Report
Annual Report - 2021 & Notice of 25th Annual General Meeting08-08-2021
Astral Ltd - 532830 - Intimation For Book Closure And Record Date.
Intimation for Book Closure and Record Date.07-08-2021