Status: Pending
Age: New (25/08/2025)
ANALYST FROM BROKERAGE PRABHUDAS LILLADHER UPGRADES ASTRA TO BUY WITH TARGET OF ₹1503
Brokerage
Prabhudas Lilladher
Analyst
Brokerage Team
Position
Bullish
Start Date
25/08/2025
Horizon
Long Term
Target Price and Expected Returns
Start Price
₹1414.30
Target Price
₹1503
Expected Returns
6.3%
Summary
Prabhudas Lilladher has upgraded its rating on Astral to 'Buy' with a target price of ₹1503 based on the company's expected performance in the coming years.
Prabhudas Lilladher's justification for Astral target price prediction
- Expected volume growth of 10.0% in its P&F business and a 13.6% revenue increase in the Paints & Adhesives segment in FY26.
- Anticipation of the company maintaining its EBITDA margin of >16% in the coming years.
- Estimate sales/EBITDA/PAT CAGR of 11.8%/13.8%/19.6% over FY25-27E.
- Downward revision of ASTRA FY26/27E earnings by 10.0%/7.8%.
- Stock price correction providing a better entry point.
Sources:
https://www.moneycontrol.com/
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