Astral Limited reported consolidated revenue of ₹1,578 crore for Q1 FY27 — up 15.9% year-on-year — with PAT rising 48.21% to ₹120.20 crore and EBITDA margins expanding to 15.5% from 14.3%, results declared August 12, 2026. The Paints & Adhesives segment was the standout: revenue grew 29.5% to ₹527.5 crore, domestic adhesive sales rose 24.9%, overseas adhesives grew 26% with EBITDA margins turning positive at 4.9%, and the paint business recorded 48.7% sales growth — reaching EBITDA breakeven for the first time. The plumbing segment grew 10.1% to ₹1,050.5 crore, with the company gaining market share in pipes despite weak industry-wide demand. Management disclosed that July plumbing volumes surged 40% YoY — an early Q2 signal. The 40,000 MT CPVC resin plant — set to reduce import dependence — remains on track for December 2026. The board declared a final dividend of ₹2.50 per share with an August 14 record date.
What this means for the trade: Astral’s adhesives business growing at 25% while the company shelved its demerger plan signals the chemicals segment will now be scaled from within — dealers across plumbing and adhesives can expect unified distribution, continued product range expansion, and a more aggressive push into construction chemicals through FY27.
