1546:
279:
1585:
219:
196:
173:
150:
360:
The introduction of PVC pipe in 2013 marked the beginning of the business's expansion into the agricultural market. In 2016, it brought an end to its partnership with
Lubrizol regarding the production of CPVC pipes and began operations at its own CPVC compounding facility at Santej
725:
36:
1336:
761:
712:
1368:
1258:
1185:
1320:
751:
389:. In addition, Astral had a combined adhesive manufacturing capacity of 95,980 MTPA, with factories in Santej (Gujarat), Unnao, and Rania (Uttar Pradesh), as well as in the United States and United Kingdom.
2626:
906:
434:
In 2018, Astral entered the infrastructure market with the acquisition of Rex
Polyextrusion, which has its headquarters in Sangli, Maharashtra, and is a manufacturer of double-wall corrugated pipes.
491:
In March 2023, a former employee and his son were involved in stealing data from the company's system and using it to conduct business separately with the company's clients, resulting in a loss of
526:
1512:
1472:
1358:
1240:
2611:
1401:
2631:
1440:
1175:
656:
444:(US$ 23 million). In the same year, the company implemented a capacity expansion project in Karnataka, resulting in the rise of annual capacity by 36,000 kiloliters.
2390:
1294:
813:
551:
2008:
1150:
1218:
977:
79:
1573:
940:
377:
As of 31 March 2022, Astral had a total manufacturing capacity of 282,338 MTPA for both pipes and water tanks. It has factories which are located in
Gujarat,
1938:
896:
844:
587:
326:
In 1996, Astral Poly
Technik Limited was founded by Sandeep Engineer and later became known as Astral Pipes. At first, the company introduced industrial
516:
2606:
1020:
2430:
1114:
1494:
1462:
2621:
1434:
807:
650:
392:
The company has a distribution network of over 800 distributors in the plastic segment and over 1,800 distributors in the adhesive segment.
2601:
2275:
689:
1391:
2616:
2445:
2013:
1551:
2235:
1566:
1424:
1077:
2210:
350:
68:
2145:
1988:
1803:
1798:
720:
640:
1281:
2230:
791:
472:
327:
311:
874:
467:, a direct-to-digital advertisement was released by the company which garnered global attention by creating awareness about
2580:
2325:
1978:
488:
conducted searches at approximately 40 locations across India belonging to Astral
Limited and Ratnamani Metals and Tubes.
1559:
1137:
1208:
966:
1047:"USING DUPONT ANALYSIS TO ASSESS THE FINANCIAL PERFORMANCE OF THE SELECTED COMPANIES IN THE PLASTIC INDUSTRY IN INDIA"
617:
1693:
929:
2365:
2028:
1813:
1092:
836:
2550:
2410:
2043:
1833:
936:
2500:
1968:
579:
408:
declined from 1.45% in 2015 to 1.27% in 2019. However, as of March 2022, it recovered and increased to 1.78%.
334:. However, after three years, they shifted to the plumbing sector, where CPVC pipes became more popular than
2200:
2088:
1003:
2400:
2023:
2018:
1993:
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1838:
1778:
1688:
2525:
2220:
2180:
2170:
2058:
485:
464:
354:
343:
60:
1106:
447:
In
October 2022, Astral acquired 80% of UK-based adhesive and sealants maker Seal It Services Ltd for
2048:
1673:
1628:
2555:
2535:
2375:
2305:
2195:
2038:
1818:
1808:
1763:
1728:
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901:
2515:
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2260:
2150:
2123:
1923:
1898:
1733:
1499:
1467:
1245:
1061:
342:
pressure pipes. Following that, in the next few years, they diversified into other areas such as
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96:
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679:
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72:
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2265:
2113:
2108:
1545:
1145:
468:
401:
335:
278:
1793:
64:
1107:"Astral Limited Key Financial Ratios, Astral Limited Financial Statement & Accounts"
1004:"Astral Poly Technik Limited: Focus on capacity utilization & new products scale up"
2530:
2510:
2490:
2405:
2395:
2250:
2103:
1913:
1908:
1046:
346:, Soil, Waste and Rainwater (SWR) pipes, underground pipes, and other related sectors.
35:
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2520:
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1289:
583:
521:
22:
1045:
Mohanasundari, M; Sundharesalingam, P; Naveen Raja, S.; Sivaprakash, V.S. (2020).
1359:"Astral Poly Techniq acquires controlling stake in UK-based Seal It for Rs 44 cr"
866:
85:
2380:
2370:
2320:
2300:
2078:
2053:
1933:
1903:
1843:
1773:
1753:
1015:
756:
684:
382:
1321:"Astral Poly Technik acquires British company Seal It Services for Rs 44 crore"
2345:
2083:
1848:
1828:
1738:
1683:
1648:
378:
233:
165:
1508:
1332:
1254:
1073:
1065:
2440:
2310:
2290:
2255:
2003:
1758:
1718:
1713:
1643:
1011:
437:
In 2022, the company acquired a majority 51 percent stake in Gem Paints for
307:
115:
609:
2575:
2063:
1613:
1213:
331:
416:
Since 2014, Astral has acquired companies in India, the UK, and the US.
2415:
2240:
2225:
2073:
1973:
1748:
1708:
552:"Astral shares crack 5% on sluggish Q4 show; PAT, margins take beating"
362:
330:
pipes in India by licensing the CPVC Resin procurement technology from
2570:
2215:
2118:
2033:
1998:
421:
386:
46:
713:"Factors Influencing Dealer's Buying Behaviour Towards Sadanand PVC"
2460:
2435:
1958:
1948:
1868:
1678:
1584:
1176:"Astral Poly Technik acquires 76% stake in Resinova for Rs 213 cr"
867:"Astral IPO Details – IPO Date, Price, GMP, Analysis & Review"
517:"How Astral Pipes' Sandeep Engineer became a mint-new billionaire"
349:
In 2007, the company went public and had its shares listed on the
188:
2505:
2425:
1963:
1555:
680:"Astral Ltd 11581 - Research and Analysis Report - ICICIdirect"
1888:
1396:
1209:"Pipe maker Astral Poly Technik to acquire Rex Polyextrusion"
338:(GI) pipes. In 2004, the company started offering lead-free
1241:"Astral to acquire 51 pc stake in Gem Paints for Rs 194 cr"
1539:
897:"Lubrizol terminates process agreements with Astral Poly"
271:
2627:
Companies listed on the
National Stock Exchange of India
1138:"Astral Poly Technik: An 'astr'onomical growth story"
930:"Retail Equity Research: Astral Poly Technik Limited"
471:
and linking it with the issues of women's safety and
1877:
1612:
1603:
1594:
1463:"Gujarat: I-T dept searches 40 premises of 2 firms"
266:
232:
209:
186:
163:
144:
136:
126:
110:
102:
92:
78:
52:
42:
140:Adhesives, bathware, CPVC pipes, paints, PVC pipes
678:Manyal, Sanjay; Taunk, Hitesh (16 August 2022).
1280:Gude, Archana; Amonkar, Jyoti (February 2023).
792:"Chapter 8: Astral Poly: To the Brink and Back"
16:Indian building materials and equipment company
1429:. Penguin Random House India Private Limited.
965:Modi, Krunal Pankajkumar (20 September 2022).
2612:Companies listed on the Bombay Stock Exchange
1567:
8:
424:-based adhesive company Resinova Chemie for
28:
2632:Manufacturing companies established in 1996
21:For the defunct Canadian conglomerate, see
1609:
1600:
1574:
1560:
1552:
1544:
277:
34:
27:
1392:"Watch Women Shame Men Who Pee In Public"
752:"Astral Poly Technik, Financial Analysis"
721:DSpace @ Acharya Institute of Technology
574:
572:
508:
928:Das, Abhijit Kumar (10 January 2019).
610:"Astral | Company Overview & News"
546:
544:
790:Mukherjea, Saurabh (17 August 2016).
639:Gutgutia, Aaditya (10 January 2023).
580:"Astral Limited Financial Statements"
7:
1423:Krishnan, Kavita (7 February 2020).
785:
783:
781:
779:
132:Sandeep Engineer (managing director)
1495:"Employee steals pipe maker's data"
711:Belagali, Rayagond (1 March 2019).
1515:from the original on 30 April 2023
1475:from the original on 21 April 2023
1371:from the original on 21 April 2023
1339:from the original on 21 April 2023
1261:from the original on 21 April 2023
1221:from the original on 21 April 2023
1188:from the original on 21 April 2023
1156:from the original on 21 April 2023
1002:John Meledan, Joby (30 May 2022).
946:from the original on 21 April 2023
909:from the original on 21 April 2023
877:from the original on 21 April 2023
847:from the original on 21 April 2023
764:from the original on 21 April 2023
731:from the original on 21 April 2023
692:from the original on 21 April 2023
590:from the original on 20 April 2023
529:from the original on 21 April 2023
14:
1443:from the original on 20 July 2023
1136:Ravi, Rajesh (22 February 2021).
983:from the original on 10 June 2023
816:from the original on 20 July 2023
659:from the original on 20 July 2023
404:conducted in 2020, the company's
2607:Manufacturing companies of India
1583:
1404:from the original on 27 May 2023
1319:Dutta, Vishal (26 August 2014).
1300:from the original on 15 May 2023
1207:Sunkara, Keshav (10 July 2018).
1117:from the original on 17 May 2023
1083:from the original on 15 May 2023
1026:from the original on 15 May 2023
620:from the original on 27 May 2023
420:In 2014, the company acquired a
351:National Stock Exchange of India
218:
217:
195:
194:
172:
171:
149:
148:
1390:Sachdev, Chhavi (29 May 2017).
1054:Gedrag & Organisatie Review
750:Bobade, Pankaj (22 June 2020).
306:and equipment company based in
287:Footnotes / references
967:"CARE Ratings: Astral Limited"
498:(US$ 600,000) for the company.
473:gender-based violence in India
312:chlorinated polyvinyl chloride
1:
1282:"Astral Q4FY22 Result Review"
228:(US$ 240 million) (2022)
205:(US$ 330 million) (2022)
159:(US$ 680 million) (FY24)
2622:Companies based in Ahmedabad
182:(US$ 65 million) (FY24)
2602:Plastics companies of India
2366:L&T Technology Services
300:Astral Poly Technik Limited
2648:
2617:Companies based in Gujarat
1093:Amsterdam University Press
841:Elearnmarkets by StockEdge
20:
2411:Mazagon Dock Shipbuilders
1834:Tata Consultancy Services
937:Geojit Financial Services
837:"Case Study: Astral Poly"
285:
33:
1969:Godrej Consumer Products
796:The Unusual Billionaires
463:In 2017, as part of the
412:Mergers and acquisitions
365:) in collaboration with
757:Axis Securities Limited
454:(US$ 5.3 million).
2401:Max Financial Services
2024:Jio Financial Services
1894:Adani Energy Solutions
1839:Tata Consumer Products
642:The Polycycle Investor
484:In November 2021, the
431:(US$ 26 million).
2181:Balkrishna Industries
2059:Samvardhana Motherson
645:. Manjul Publishing.
486:Income Tax Department
465:Swachh Bharat Mission
355:Bombay Stock Exchange
344:fire sprinkler system
2146:Aditya Birla Fashion
1471:. 24 November 2021.
1184:. 21 November 2021.
1111:www.moneycontrol.com
2536:Tata Communications
2476:Piramal Enterprises
2376:LIC Housing Finance
2306:Hindustan Petroleum
2196:Bank of Maharashtra
1589:NIFTY 200 companies
1364:Hindu Business Line
902:Hindu Business Line
871:www.chittorgarh.com
385:, Uttarakhand, and
30:
2516:Supreme Industries
2486:Poonawalla Fincorp
2466:Persistent Systems
2351:Jubilant FoodWorks
2261:Dixon Technologies
2124:Zydus Lifesciences
1899:Adani Green Energy
1500:The Times of India
1468:The Indian Express
1367:. 26 August 2014.
1325:The Economic Times
1246:The Economic Times
905:. 16 August 2016.
340:polyvinyl chloride
316:polyvinyl chloride
304:building materials
97:Building materials
2589:
2588:
2581:Zee Entertainment
2541:Tata Technologies
2361:KPIT Technologies
2341:Ipca Laboratories
2296:Godrej Properties
2286:Fortis Healthcare
2136:
2135:
2132:
2131:
1944:Colgate-Palmolive
1624:Adani Enterprises
1503:. 15 March 2023.
1436:978-93-5305-732-9
1249:. 30 April 2022.
1181:Business Standard
809:978-93-86057-67-9
652:978-93-90924-96-7
556:Business Standard
400:According to the
293:
292:
256:Rex Polyextrusion
2639:
2551:Tube Investments
2491:Prestige Estates
2356:Kalyan Jewellers
2331:Indraprastha Gas
2176:Aurobindo Pharma
1989:ICICI Prudential
1694:Dr. Reddy's Labs
1664:Bharat Petroleum
1634:Apollo Hospitals
1610:
1601:
1588:
1587:
1576:
1569:
1562:
1553:
1548:
1543:
1542:
1540:Official website
1525:
1524:
1522:
1520:
1491:
1485:
1484:
1482:
1480:
1459:
1453:
1452:
1450:
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1426:Fearless Freedom
1420:
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1409:
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1349:
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1133:
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1103:
1097:
1096:
1090:
1088:
1082:
1060:(2): 2592–2600.
1051:
1042:
1036:
1035:
1033:
1031:
1025:
1008:
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992:
990:
988:
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367:Sekisui Chemical
281:
276:
273:
259:Seal It Services
241:Astral Adhesives
227:
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31:
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2640:
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2585:
2456:Patanjali Foods
2451:Page Industries
2391:M&M Finance
2316:IDFC First Bank
2266:Dr Lal PathLabs
2201:Bharat Dynamics
2128:
2109:Varun Beverages
1880:
1873:
1824:Shriram Finance
1615:
1605:
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1206:
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1146:HDFC securities
1140:
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835:Elearnmarkets.
834:
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469:open defecation
461:
449:
448:
439:
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426:
425:
414:
402:DuPont analysis
398:
375:
336:galvanized Iron
324:
302:) is an Indian
289:
270:
262:
253:Resinova Chemie
244:Astral Bathware
223:
222:
210:
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199:
187:
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176:
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129:
122:
118:
84:
67:
57:
26:
17:
12:
11:
5:
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2548:
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2538:
2533:
2531:Tata Chemicals
2528:
2523:
2518:
2513:
2508:
2503:
2498:
2493:
2488:
2483:
2478:
2473:
2468:
2463:
2458:
2453:
2448:
2443:
2438:
2433:
2428:
2423:
2418:
2413:
2408:
2406:Max Healthcare
2403:
2398:
2396:Mankind Pharma
2393:
2388:
2383:
2378:
2373:
2368:
2363:
2358:
2353:
2348:
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2338:
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2303:
2298:
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2258:
2253:
2251:Deepak Nitrite
2248:
2243:
2238:
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2231:Container Corp
2228:
2223:
2218:
2213:
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2203:
2198:
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2137:
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2126:
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2116:
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2106:
2104:United Spirits
2101:
2096:
2091:
2089:Torrent Pharma
2086:
2081:
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2071:
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2056:
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2031:
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2016:
2011:
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2001:
1996:
1991:
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1981:
1976:
1971:
1966:
1961:
1956:
1951:
1946:
1941:
1936:
1931:
1926:
1921:
1916:
1914:Bank of Baroda
1911:
1909:Ambuja Cements
1906:
1901:
1896:
1891:
1885:
1883:
1875:
1874:
1872:
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1816:
1811:
1806:
1801:
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1764:Kotak Mahindra
1761:
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2281:Federal Bank
2206:Bharat Forge
2186:Bandhan Bank
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2156:Apollo Tyres
2069:Shree Cement
2019:Jindal Steel
1639:Asian Paints
1517:. Retrieved
1498:
1489:
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1290:IDBI Capital
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1091:– via
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974:CARE Ratings
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685:ICICI Direct
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584:Moneycontrol
559:. Retrieved
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531:. Retrieved
522:Forbes India
520:
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442:1.94 billion
429:2.13 billion
415:
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310:which makes
299:
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247:Astral Pipes
234:Subsidiaries
212:Total equity
189:Total assets
111:Headquarters
86:INE006I01046
43:Company type
23:Astral Media
18:
2371:Laurus Labs
2321:Indian Bank
2301:Gujarat Gas
1934:Canara Bank
1904:Adani Power
1844:Tata Motors
1774:LTIMindtree
1689:Divi's Labs
1629:Adani Ports
1016:BNP Paribas
452:440 million
383:Maharashtra
226:2,006 crore
203:2,758 crore
157:5,641 crore
2596:Categories
2556:Union Bank
2446:Oracle FSS
2346:JSW Energy
2151:Alkem Labs
2099:TVS Motors
2084:Tata Power
1994:Indian Oil
1849:Tata Steel
1829:Sun Pharma
1804:Power Grid
1739:ICICI Bank
1684:Coal India
1649:Bajaj Auto
800:Penguin UK
503:References
496:50 million
396:Financials
379:Tamil Nadu
373:Operations
298:(formerly
250:Gem Paints
166:Net income
128:Key people
2441:Oil India
2311:IDBI Bank
2256:Delhivery
2004:Info Edge
1889:ABB India
1864:UltraTech
1759:JSW Steel
1719:HDFC Life
1714:HDFC Bank
1674:Britannia
1644:Axis Bank
1509:0971-8257
1333:0013-0389
1255:0013-0389
1074:0921-5077
1066:1875-7235
1012:Sharekhan
798:. India:
459:Marketing
308:Ahmedabad
272:astralltd
180:545 crore
116:Ahmedabad
55:Traded as
2576:Yes Bank
2236:CG Power
2064:SBI Card
2039:Pidilite
1814:SBI Life
1809:Reliance
1729:Hindalco
1519:21 April
1513:Archived
1479:21 April
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1441:Archived
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1369:Archived
1343:21 April
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1214:VCCircle
1192:21 April
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1115:Archived
1078:Archived
1021:Archived
987:21 April
978:Archived
950:21 April
941:Archived
913:21 April
907:Archived
881:21 April
875:Archived
851:21 April
845:Archived
814:Archived
768:21 April
762:Archived
735:21 April
726:Archived
696:21 April
690:Archived
657:Archived
618:Archived
594:21 April
588:Archived
533:21 April
527:Archived
332:Lubrizol
137:Products
93:Industry
2526:Syngene
2416:Mphasis
2271:Escorts
2226:Coforge
2114:Vedanta
1974:Havells
1881:Next 50
1779:M&M
1769:L&T
1749:Infosys
1709:HCLTech
1447:20 July
1087:20 July
820:20 July
663:20 July
363:Gujarat
322:History
318:pipes.
267:Website
145:Revenue
103:Founded
71::
63::
2571:Voltas
2521:Suzlon
2511:Sun TV
2216:Biocon
2171:AU SFB
2166:Astral
2119:Zomato
2034:Marico
1999:IndiGo
1879:NIFTY
1794:Nestlé
1704:Grasim
1699:Eicher
1614:NIFTY
1604:NIFTY
1595:NIFTY
1507:
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1408:27 May
1331:
1304:15 May
1253:
1121:15 May
1072:
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1030:15 May
806:
649:
624:24 May
614:Forbes
561:20 May
422:Kanpur
387:Odisha
73:ASTRAL
65:532830
47:Public
2461:Paytm
2436:Nykaa
2386:Lupin
2381:Lodha
2094:Trent
2009:IRCTC
1959:DMart
1949:Dabur
1929:Bosch
1869:Wipro
1859:Titan
1679:Cipla
1298:(PDF)
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729:(PDF)
716:(PDF)
121:India
2506:SJVN
2501:SAIL
2496:RVNL
2431:NMDC
2426:NHPC
2276:FACT
2211:BHEL
2014:IRFC
1964:GAIL
1799:ONGC
1789:NTPC
1521:2023
1505:ISSN
1481:2023
1449:2023
1431:ISBN
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989:2023
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353:and
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314:and
274:.com
106:1996
80:ISIN
2561:UPL
2421:MRF
2221:BSE
2141:ACC
2079:SRF
2054:REC
2049:PNB
2029:LIC
1979:HAL
1954:DLF
1924:BEL
1819:SBI
1754:ITC
1734:HUL
1606:100
1597:200
1397:NPR
1014:by
69:NSE
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