Astral Ltd
NSE: ASTRAL BSE: 532830
₹1344
(1.93%)
Wed, 07 Oct 2026, 09:52 am
Market Cap (in Cr)35972.25
PE Ratio62.74
Dividend0.29
Producer Manufacturing
Miscellaneous Manufacturing
24.5KCompany History
1995
- The Company entered into a joint venture with Specialty Process LLC.
- The Company entered into the Corzan Processor Agreement with B.F. Goodrich Co., USA.
1996
- The Company was incorporated as ASTRAL POLY TECHNIK PRIVATE LIMITED.
- The Company received its Registration Number 04-29134.
1998
- The Company entered into the FlowGuard CPVC Processor Agreement with B.F. Goodrich Co., USA.
- The Company launched CPVC in the Indian market.
- The Company commenced production of FlowGuard CPVC products.
1999
- The Company entered into the Technology License Agreement with B.F. Goodrich Co., USA.
2001
- The Company commenced manufacturing of CPVC fittings.
2002
- The Company set up branch offices at Delhi and Mumbai and a sales depot at Bangalore.
- The Company expanded its manufacturing facilities at Santej, Gujarat.
2003
- The Company received ISO 9001: 2000 Certification.
- The Company commenced manufacturing of lead-free PVC piping systems in India.
2004
- The Company commenced export sales.
- The Company revalued land and plant and machinery.
- The Company introduced a new product range in lead-free PVC pressure pipes and fittings.
2005
- The Company set up its second manufacturing facility at Baddi, Himachal Pradesh.
2006
- The Company received an award from Noveon for crossing the mark of 1,000 M.T. CPVC consumption.
- The Company entered into the BlazeMaster Processor Agreement with Noveon.
- The Company received an award from Noveon for being nominated as their first licensees for all their brands.
- The Company converted to a public limited company.
2008
- Astral Poly Technik Ltd entered into a Joint Venture Agreement with Kenya-based Group.
2009
- Astral Poly Board declared an Interim Dividend at 10%.
2010
- The Company split its face value of shares from Rs 10 to Rs 5.
2012
- Astral Poly Reappointed Mr. Sandeep Engineer as the Managing Director of the Company.
- Astral Poly Technik received the Power Brands Rising Stars India 2012 Award.
2013
- Astral Poly Technik inducted a new joint venture partner, Ramco Group, Kenya in M/s Astral Technologies Ltd, Kenya.
- Astral Poly Technik was awarded Inc. India Innovative 100-for the year 2013 for smart innovation by Small & Mid-Sized Companies in India.
- Astral was awarded Business Standard Star SME of the year-2013.
- Astral Poly Technik split its face value from Rs 5/- to 2/-.
2014
- Astral Poly Technik Ltd acquired a controlling stake of 80% in UK-based Seal It Services Ltd.
- Astral Poly Technik received a grant of licence by BIS for the Company's product Blaze Master CPVC Pipes for Fire Sprinkler System.
- Astral Poly Technik was awarded a trophy for being a finalist in Top 15 out of 350 nominees for the EY Entrepreneur of the year Award, 2013.
- Astral commenced commercial production and sale at its new manufacturing facility at Hosur, Tamilnadu.
- Astral Poly Technik Ltd acquired a 76% stake in Resinova Chemie Ltd.
- Astral Poly Technik split its face value from Rs 2/- to 1/-.
2016
- Astral Poly Technik updated on purchase of land in Rajasthan.
- Astral Poly Technik's subsidiary opened business in U.S.
- ASTRAL PIPES launched a new CPVC plumbing brand.
- Astral Poly Technik joined hands with Japan-based Sekisui Chemical Company to source Chlorinated Poly Vinyl Chloride resin.
2018
- Astral Poly Technik Limited acquired 51% equity shares of Rex Polyextrusion Pvt Ltd and its amalgamation with the Company.
- Rex Polyextrustion became an Astral Group company.
2019
- Astral Pipes joined hands with Prabhas starrer Saaho.
2021
- The Company approved bonus at the ratio of 1 : 3.
- The Company changed its name from Astral Poly Technik Limited to Astral Limited.
- The Company entered the faucets and sanitaryware segment in India.
- Long-term bank facilities were upgraded to CRISIL AA/Stable from CRISIL AA-/Positive.
2022
- Astral ropes in film star Allu Arjun to strengthen southern markets.
2023
- The Company issued Bonus Shares in the Ratio of 1:3.
- The Company started commercial production of Adhesives Division at Dahej Plant.
- The Company started commercial production of Plastic Water Storage Tank and PVC Pipes at Guwahati Plant.
2024
- The Company commenced commercial production at Hyderabad Plant.
