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Astral Ltd Q2 FY26 Results

ASTRALQ2 FY26 Results
Filing
MetricValue (₹ Cr)Q1 FY26Q2 FY25
Revenue1.6K15.9%15.1%
Total Income1.6K15.9%15.2%
Expenditure1.4K11.8%14.5%
PBT179.9063.8%20.9%
Net Profit134.8070.2%24.0%
OPM16.28%2.70pp11.18pp
NPM8.48%2.70pp0.60pp
EPS5.0266.2%22.4%
View full financials

Astral Ltd Reports 20.6% Plumbing Volume Growth & 22.5% Consolidated EBIDTA Growth in Q2 2025-26

05 Nov 2025 · 5 Nov 2025, 05:12 pm

Summary

Astral Ltd, a pioneer in manufacturing of CPVC pipes & fittings, announced the financial results for the Quarter and Half Year ended September 30, 2025. The company reported a plumbing volume growth of 20.6% and Consolidated EBIDTA growth of 22.5% for Q2 2025-26.

Key Highlights

  1. 1

    Revenue from operations for the Plumbing Business is Rs. 2,682 Million with a growth of 17.0% (Y-O-Y) and 16.0% (Q2 vs Q2) for H1 2025-26.

  2. 2

    Revenue from operations for the Paints and Adhesives Business is Rs. 1,799 Million with a growth of 11.4% (Y-O-Y) and 10.9% (Q2 vs Q2) for H1 2025-26.

  3. 3

    Segment EBIDTA for the Plumbing Business is Rs. 553 Million with a growth of 33.3% (Y-O-Y) and 7.8% (Q2 vs Q2) for H1 2025-26.

  4. 4

    Bathware Business has achieved a sales revenue of Rs. 329 million in Q2 FY-26 with a growth of 13.8% (Y-O-Y).

  5. 5

    Adhesive India Business has grown by 15.8% in Sales with EBIDTA margin of 17% in Q2 FY-26 on Y-O-Y basis.

  6. 6

    Adhesive Overseas Business has grown by 5.2% in Sales with EBIDTA Margin of 7.3% in Q2 FY-26 on Y-O-Y basis.

  7. 7

    Paint Business has grown by 17.1% in Q2 FY-26 on Y-O-Y basis in Sales.

  8. 8

    Company has increased its plumbing production capacity from 3,81,957 M.T. to 3,89,301 M.T. in H1 2025-26.

  9. 9

    Consolidated cash (including cash equivalents) and bank balances as at September 30, 2025 is Rs. 5,552 million.

Management Comments

C

Chintankumar Pat

Despite the weak demand scenario in the Polymer Industry and an average PVC prices drop of 10.6% on Y-O-Y basis in Q2 FY-26, the Company has delivered an Industry Leading volume and value growth of 20.6% and 15.7% respectively in Plumbing Business in Q2 FY-26.

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