Astral Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 26.86 Cr
- Company Age 28 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 170.00 Cr
- Satisfied Charges ₹ 352.77 Cr
- Revenue Growth 33.56%
- Profit Growth 10.65%
- Ebitda 18.28%
- Net Worth 33.54%
- Total Assets 30.08%
About Astral
Astral Limited (AL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 March 1996 and has a history of 28 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532830 and on the National Stock Exchange(NSE) under ASTRAL.
The Corporate was formerly known as Astral Poly Technik Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 26.86 Cr.
The company currently has active open charges totaling ₹170.00 Cr. The company has closed loans amounting to ₹352.77 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Astral Limited India are Hiranand Savlani as CFO and Mr Bhavsar as Company Secretary. Girish Joshi, Chikmagalur Gopal, Kaushal Nakrani, and Seven other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Astral Limited offer?
Astral Limited offers a wide range of products and services, including Clamps and Clamping Equipment, Clamps, Seals, Oil Seals & Industrial Seals, Seals, PVC, CPVC, HDPE Water Pipe Fittings, Plastic Elbow, PVC, FRP, HDPE & Other Plastic Pipes, CPVC Pipe, Metal Pipe & Plumbing Fittings, Pipe Bushings.
Who are the key members and board of directors at Astral?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hiranand Savlani  | CFO | 18-Jul-2014 | Current |
| Sandeep Engineer | Managing Director | 25-Mar-1996 | Current |
| Mr Bhavsar | Company Secretary | 01-Oct-2022 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Viral Jhaveri | Director | 24-Oct-2019 | Current |
| Girish Joshi | Whole-Time Director | 01-Jul-2021 | Current |
| Chikmagalur Gopal | Director | 11-Feb-2020 | Current |
| Kaushal Nakrani | Director | 29-Mar-2019 | Current |
| Kairav Engineer | Whole-Time Director | 01-Jul-2023 | Current |
| Chetas Desai | Director | 07-Feb-2023 | Current |
Financial Performance of Astral.
Astral Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.56% increase. The company also saw a substantial improvement in profitability, with a 10.65% increase in profit. The company's net worth Soared by an impressive increase of 33.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Astral?
In 2023, Astral had a promoter holding of 55.85% and a public holding of 44.15%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Jwr Logistics Private LimitedChetas Desai is a mutual person
Jwl Cold Store Private LimitedChetas Desai is a mutual person
Jwc Logistics Park Private LimitedChetas Desai is a mutual person
Kent R O Systems LimitedChetas Desai is a mutual person
Irm Energy LimitedChikmagalur Gopal is a mutual person
Astral FoundationJagruti Engineer and Sandeep Engineer are mutual person
Charges (Loans)
₹170.00 Cr
₹352.77 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 100.00 Cr
- Standard Chartered Bank : 30.00 Cr
- Others : 25.00 Cr
- Idbi Trusteeship Services Limited : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jan 2015 | The Hongkong And Shanghai Banking Corporation Limited | ₹100.00 Cr | Open |
| 02 Jul 2013 | Others | ₹25.00 Cr | Open |
| 13 Sep 2011 | Idbi Trusteeship Services Limited | ₹15.00 Cr | Open |
| 03 Mar 2008 | Standard Chartered Bank | ₹30.00 Cr | Open |
| 30 May 2019 | Axis Bank Limited | ₹1.77 Cr | Satisfied |
How Many Employees Work at Astral?
Astral has a workforce of 2788 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Astral, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Astral's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
