Incorporated: 1996

Marketcap: Rs 30558.07 Crore

Founder: Sandeep Engineer

Profile:

The company aims to manufacture plumbing and drainage systems in India.

Astral stands for innovation and setting new trends in the piping industry.

Bringing newer piping technologies and continuous innovation in existing as well as new products have been the focal point at Astral

Astral is also known for its compromise-free quality and exceeding consumer’s expectations. Right from introducing new piping technologies to innovative brand communications

Description:

The company started its commercial production of CPVC pipes and fittings at santej–15 Km from Ahmedabad.
Got the first licensee of Lubrizol of USA (which is formerly known as BF Goodrich, a fortune 500 company)
Astral has an equity joint venture with the Specialty Process LLC of USA (the manufacturing CPVC plumbing system for 25 years) for the first time in the country.
The company manufactures CPVC plumbing systems for both residential as well as industrial applications
The ASTM solvent weld leads the free PVC plumbing system.
It supplies the state-of-the-art production facilities located at Ahmedabad and Himachal Pradesh for manufacturing the plumbing systems from ½” to 6” with entire the necessary fittings.

Astral’s brand mission

1. Maintain and grow a commanding presence in the minds of customers

2. Delivered promised values, consistently.

Revenue Segments includes:

Plastic Products which contributed Rs 2038.50 Crore
Sales Value (99.78 % of Total Sales) and
Other Operating Revenue which contributed Rs 4.30 Crore

Clients:

The company has clients from various industries such as

Hospitality

Gokulam Medical Research

Krishna Heart Hospital Unity Hospital

Hotel & Restaurant

The Imperial

Oberoi

Hotel Claridges

Hotel Abbott, and more.

Government organizations

Canadian Embassy -

New Delhi, and

Embassy Of France New Delhi

American Embassy New Delhi

British High Commission New Delhi

Technology parks

Infocity - Gandhinagar and

Silicon County - Hyderabad

Resorts & clubs

Nanu Resorts (Goa),

Construction

Hiranandani construction,

G.L Raheja group, and so much more.

Pipes manufacturing units are:

Santej, Gujarat
Dholka, Gujarat
Hosur, Tamil Nadu
Ghiloth, Rajasthan
Sangli, Maharashtra
Sitarganj, Uttarakhand

ASTRAL Share Price Chart