Astral Caps FY26 With Strong Q4 Results
Astral Ltd. finished fiscal year 2026 with a strong fourth quarter, posting a 19% year-on-year increase in net profit to ₹213 crore. This growth significantly outpaced the ₹179 crore recorded in the same period last fiscal year. Revenue also saw significant growth, climbing 24% to ₹2,089 crore from ₹1,681 crore.
EBITDA Climbs, Margins Improve
Earnings before interest, taxes, depreciation, and amortisation (EBITDA) showed strong momentum, rising 27% year-on-year to ₹383 crore. The company also improved its EBITDA margin slightly to 18.3% from 18% a year earlier, reflecting better operational efficiency.
Dividend Declared, MD Reappointed
Astral declared a final dividend of ₹2.50 per equity share, underscoring its commitment to shareholder value. Further details on payment dates and the annual general meeting will be provided soon. The board also re-appointed Sandeep Engineer as managing director, extending his term starting April 1, 2027.
Stock Edges Lower Despite Results
Despite the strong financial results, Astral's stock saw a slight dip of 0.33% to ₹1,545.70 on Monday. This occurred as the broader NSE Nifty 50 index experienced a small gain.