According to reports from Astral, the company delivered robust fourth-quarter results with consolidated net profit rising 19.7% year-on-year to ₹213 crore in Q4 FY26, compared to ₹179.30 crore in the same period last year. Revenue from operations grew 24.21% YoY to ₹2,088.50 crore in the January-March period, up from ₹1,681.40 crore in the year-ago period. The company's EBITDA increased 27% annually to ₹383 crore as against ₹301.20 crore in Q4 FY25, with operating profit margin expanding marginally to 18.3% from 17.96% on a yearly basis. As per Astral, the improved EBITDA margin reflects stable operational efficiency despite rising competitive intensity across segments. Basic/Diluted EPS stood at ₹7.93 for the quarter, while plumbing business sales volume reached 84,041 MT for Q4 FY26.
For the full financial year FY26, Astral's consolidated net profit stood at ₹534.70 crore compared to ₹523.80 crore in FY25, representing a 2.08% increase. Revenue from operations increased 12.62% for the full year at ₹6,568.60 crore against ₹5,832.40 crore in the preceding financial year. Full year FY26 consolidated EBITDA was ₹11,092 million and consolidated PAT (Before OCI) was ₹5,347 million. The company's board of directors has recommended a final dividend of ₹2.50 per equity share of face value ₹1 each for the financial year ending March 31, 2026, subject to approval at the ensuing Annual General Meeting. The proposed dividend is subject to shareholder approval at the company's upcoming Annual General Meeting, with details regarding the AGM schedule and dividend payment timeline to be announced separately.
As reported by Astral, the company completed several strategic acquisitions during FY26 to strengthen its market position and expand its product portfolio. The company increased its pipes and fittings production capacity to 417,645 million tonnes during FY26 from 381,957 million tonnes. The company commenced operations at its Kanpur facility in October 2025, with significant improvement observed in sales across Uttar Pradesh and surrounding regions. As part of the first phase of expansion, 19,037 M.T. capacity was installed at the new facility. The company's consolidated cash, including cash equivalents and bank balances, stood at ₹943 crore as of March 31, 2026. Astral continues to focus on expanding its product portfolio and distribution network across India's leading manufacturing segments including pipes, water tanks, adhesives and infrastructure products.
According to Astral's statement, the board has approved the re-appointment of Sandeep Engineer as managing director with effect from April 1, 2027, subject to approval at the ensuing AGM. Engineer has been re-appointed for a term of five years, from April 1, 2027, to March 31, 2032, based on the recommendation of the Nomination and Remuneration Committee. The company added that the date of the AGM and the timeline for dividend payment or dispatch of dividend warrants will be communicated in due course.
As reported by Astral, the company is undertaking significant capital expenditure for backward integration, including a new CPVC Resin Plant (Phase I) in Gujarat, aimed at securing raw material supply and improving cost efficiencies. Commercial production at the new CPVC Resin Plant is targeted for Q4 FY26, with the realization of full benefits from the facility projected from FY2027-28 onwards. The commencement of the CPVC Resin Plant is expected to enhance profitability through better cost control and margin expansion. The paints and adhesives segment revenue grew by 21.9% year-on-year for Q4 FY26 on a standalone basis, while the company is actively expanding its presence in this segment through strategic brand ambassadors and new product introductions. Astral's strong revenue growth is in line with positive trends seen across the polymer products sector, with peers like Supreme Industries also demonstrating resilience and growth, indicating healthy industry demand.
