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ASTRAL Diversified 15 Feb 2026

Astral Limited — Q3 FY26

Astral delivered a solid Q3 FY26 with 17% volume growth in pipes and 18.2% EBITDA margin in plumbing, despite polymer volatility and ~INR 20-25 crore inventory loss.

bullish high
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Revenue ₹1,541 Cr +10.3%
EBITDA ₹247 Cr +6.9%
PAT ₹108 Cr
EBITDA Margin 16% -50bps
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter1
Delivered0
Missed1

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Q2 FY26

Double-digit volume growth for FY2026

Management reaffirmed guidance of double-digit volume growth for the full year, with H2 expected to be stronger than H1.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

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