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ASTRAL Diversified 15 May 2024

Astral Limited — Q4 FY24

Astral reported a strong year with piping volume growth of ~23% and adhesive India revenue of INR 960 crore at 15.7% EBITDA margin.

bullish high
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Revenue ₹1,625 Cr
EBITDA
PAT ₹181 Cr
EBITDA Margin
Duration 120 min
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter3
Delivered0
Missed3

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.

Q3 FY24

Plumbing volume growth of 20%+ for FY24

Management revised guidance to 20%+ volume growth for the full year; 9M already at 24%.

Missed

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

heuristic_v1
Q3 FY24

Plumbing EBITDA margin of 16-17% for FY24

Guidance maintained; 9M margin at 17%+ and Q4 expected to be robust, potentially exceeding guidance.

Missed

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

heuristic_v1
Q3 FY24

Adhesives India EBITDA margin of 14-15% for FY24

9M margin at 16%, already surpassing guidance; full year expected to be at or above the range.

Missed

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

heuristic_v1