ASTRAL

What Astral promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 20 tracked 2 delivered 2 missed 16 open
  • Adhesives EBITDA Margin at risk said Q4 FY25 Promised: 14 to 16% we have communicated Q1 FY27: Adhesive India margin was 12.2%, below the guided range, due to high-cost inventory. Management expects recovery but the quarter is a miss against the full-year target range.
  • Paint Business Top-line Growth delivered said Q1 FY26 Promised: at least 20% kind of top-line growth for the full year Q4 FY26: Achieved 23% full-year growth in the paints business, exceeding the 20% guidance.
  • FY26 Capital Expenditure missed said Q4 FY25 Promised: 250 to 300 crore max Q4 FY26: Actual FY26 capex was Rs. 360 crores, exceeding the revised guidance of Rs. 300-350 crores.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 20 tracked commitments for Astral — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens