Astral Limited delivers Consolidated Revenue growth of 10%, PAT growth of 39.8% and plumbing volume growth of 24% for 9M FY 2023-24

BILKULONLINE

Ahmedabad, Jan 30: Astral Limited, pioneer in manufacturing of CPVC pipes & fittings announced the financial results for the Quarter and Nine Months ended December 31, 2023.

Overview of Consolidated Results:

(Rs. In Million, except as stated otherwise) 

Particulars	Q3 2023-24	Q3 2022-23	Y-O-Y Q3 Vs Q3 % Change	9M 2023-24	9M 2022-23	Y-O-Y 9M Vs 9M % Change
Revenue from operations	13,702	12,678	8.1%	40,163	36,523	10.0%
EBDITA	2,115	1,844	14.7%	6,587	5,211	26.4%
EBDITA (% of net sales)	15.4%	14.5%		16.4%	14.3%
PBT	1,539	1,295	18.8%	4,923	3,508	40.3%
PBT (% of net sales)	11.2%	10.2%		12.3%	9.6%
PAT (Before OCI)	1,133	949	19.4%	3,643	2,605	39.8%
PAT (% of net sales)	8.3%	7.5%		9.1%	7.1%
Cash Profit	1,634	1,404	16.4%	5,094	3,941	29.3%
Cash Profit (% of net sales)	11.9%	11.1%		12.7%	10.8%
Basic EPS (In Rs.)	4.23	3.46	22.3%	13.57	9.34	45.3%

 Plumbing Business:

(Rs. In Million, except as stated otherwise)

Particulars	Q3 2023-24	Q3 2022-23	Y-O-Y Q3 Vs Q3 % Change	9M 2023-24	9M 2022-23	Y-O-Y 9M Vs 9M % Change
Revenue from operations	9,981	9,318	7.1%	29,168	26,440	10.3%
Segment EBIDTA	1,649	1,434	15.0%	5,070	3,858	31.4%
Segment EBIDTA (% of net sales)	16.5%	15.4%		17.4%	14.6%
Sales in M.T.	52,734	45,859	15.0%	1,52,763	1,23,190	24.0%

Paints and Adhesives Business:

(Rs. In Million)

Particulars	Q3 2023-24	Q3 2022-23	Y-O-Y Q3 Vs Q3 % Change	9M 2023-24	9M 2022-23	Y-O-Y 9M Vs 9M % Change
Revenue from operations	3,721	3,360	10.7%	10,995	10,083	9.0%
Segment EBIDTA	466	410	13.7%	1,517	1,353	12.1%
Segment EBIDTA (% of net sales)	12.5%	12.2%		13.8%	13.4%