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Can Astral Polytechnik build your multibagger portfolio? Astral Polytechnik Fundamental Analysis
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Disclaimer: This video is only for education purpose. Consult your financial Advisor before investing your money.
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Company & its business
- Established in 1996, Astral Polytechnic is one of the fastest growing piping companies of India with a comprehensive range of piping and adhesive.
- Astral Poly Technik Limited (Astral) commenced its operations about 21 years ago with a strong vision of manufacturing CPVC plumbing systems in India.
- Today, Astral is one of India’s largest manufacturers of Chlorinated Poly Vinyl Chloride (CPVC) and Poly Vinyl Chloride (PVC) plumbing systems used across various industries.
- It is now making robust progress into the adhesives segment and infrastructure products as well.
- The Company has six pipe manufacturing facilities in India and one in Kenya.
It has three adhesive and sealant manufacturing facilities in India and another two in USA and U.K, respectively.
- By adopting innovative technologies and extensive R&D, Astral Poly continues to set trends with the introduction of new product line.
- As of today, it has a market cap of Rs 31,000 Cr.
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