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Astral Ltd
NSE:ASTRAL

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Astral Ltd
NSE:ASTRAL
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Price: 1 526.7 INR -1.68% Market Closed
Market Cap: ₹410.1B

EV/S

6.6
Current
11%
Cheaper
vs 3-y average of 7.4

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
6.6
=
Enterprise Value
₹448.4B
/
Revenue
₹61.6B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
6.6
=
Enterprise Value
₹448.4B
/
Revenue
₹61.6B

Valuation Scenarios

Astral Ltd is trading below its 3-year average

If EV/S returns to its 3-Year Average (7.4), the stock would be worth ₹1 718.63 (13% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-61%
Maximum Upside
+24%
Average Downside
20%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 6.6 ₹1 526.7
0%
3-Year Average 7.4 ₹1 718.63
+13%
5-Year Average 8.2 ₹1 890.37
+24%
Industry Average 2.6 ₹593.4
-61%
Country Average 2.9 ₹667.4
-56%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
₹448.4B
/
Jan 2026
₹61.6B
=
6.6
Current
₹448.4B
/
Mar 2026
₹65.2B
=
6.9
Forward
₹448.4B
/
Mar 2027
₹75.7B
=
5.9
Forward
₹448.4B
/
Mar 2028
₹87.9B
=
5.1
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close

Market Distribution

Higher than 77% of companies in India
Percentile
77th
Based on 2 864 companies
77th percentile
6.6
Low
0 — 1.6
Typical Range
1.6 — 5
High
5 —
Distribution Statistics
India
Min 0
30th Percentile 1.6
Median 2.9
70th Percentile 5
Max 55 686.2

Astral Ltd
Glance View

In the bustling maze of India’s industrial landscape, Astral Ltd. stands out as a prodigious pioneer in the plumbing and piping niche. Originally established in 1996, it has grown from its humble beginnings into a formidable force in polymer-based piping solutions. This transformation was no mere stroke of luck; it resulted from an astute business strategy that capitalized on the increasing demand for durable and cost-effective piping systems. The company cleverly identified the potential in technological advancements, setting a benchmark with its innovative Chlorinated Polyvinyl Chloride (CPVC) products which effectively bridged a significant market gap in India. By focusing on high-quality materials and comprehensive solutions, Astral evolved as a reliable brand, providing various applications ranging from plumbing to drainage and industrial set-ups. The heart of Astral’s business model is its relentless focus on expanding its product portfolio and penetrating untapped markets. The company doesn’t just stop at producing pipes; it delves into a diversification strategy enhancing its revenue streams. Astral ventured into the adhesives sector through acquisitions, thereby expertly leveraging its strong distribution network. Furthermore, capturing both the DIY enthusiasts and large-scale industrial projects, the company's distribution prowess plays a central role in driving sales volume, ensuring its products reach an extensive consumer base. With its strategic marketing initiatives and a firm hold in the construction sector, Astral Ltd. generates substantial revenue by aligning its growth trajectory with India’s infrastructural evolution and burgeoning real estate market, thus securing its place as a household name in construction materials.

ASTRAL Intrinsic Value
708.53 INR
Overvaluation 54%
Intrinsic Value
Price ₹1 526.7
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