Astral (NSE:ASTRAL) Debt-to-Equity: N/A (As of Jun. 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ASTRAL Astral Ltd NSE:ASTRAL
93 GF Score
Price ₹1,544.90
GF Value ₹1,851.19
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Astral Debt-to-Equity?

Astral's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Astral's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Astral's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Astral's Debt-to-Equity or its related term are showing as below:

NSE:ASTRAL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.06   Max: 0.27
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Astral was 0.27. The lowest was 0.03. And the median was 0.06.

NSE:ASTRAL's Debt-to-Equity is ranked better than
85.89% of 1616 companies
in the Construction industry
Industry Median: 0.4 vs NSE:ASTRAL: 0.06

Astral  (NSE:ASTRAL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Astral Debt-to-Equity Related Terms


Astral Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Astral's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Astral Debt-to-Equity Chart

Astral Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.03 0.04 0.06 0.06

Astral Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.07 N/A 0.06 N/A

NSE:ASTRAL vs TT, JCI, CARR: Debt-to-Equity Comparison

For the Building Products & Equipment subindustry, Astral's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Astral Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Astral's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Astral's Debt-to-Equity falls into.


NSE:ASTRAL
93GF Score
Astral Ltd NSE:ASTRAL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Astral Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Astral's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Astral's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Astral (NSE:ASTRAL) Overvalued in 2026?

Based on GuruFocus' analysis, Astral stock appears to be undervalued. The current stock price of ₹1,544.90 is trading 16.5% below its estimated GF Value™ of ₹1,851.19. GuruFocus considers Astral to be Modestly Undervalued.

Key valuation signals for NSE:ASTRAL:

  • Debt-to-Equity: N/A
  • GF Value™: ₹1,851.19 vs. price of ₹1,544.90 (16.5% below fair value)
  • GF Score™: 93/100 with 2 warning signs

No single metric tells the full story. See the NSE:ASTRAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Astral Business Description

Other Exchanges 532830:India
Address Off. S.G. Highway, Astral House, 207/1, Behind Rajpath Club, Ahmedabad, GJ, IND, 380059
Astral Ltd manufactures plumbing systems, drainage systems, agriculture, industrial, and electrical conduit pipes with various types of fittings. Operations are divided into two business segment units: Plumbing which is its key revenue generating segment, and Paints and Adhesives. Astral's list of clients includes hospitals, resorts, parks, stadiums, government facilities, and a host of other industries. The majority of the company's products are utilized across India. Pipes and systems are sold under several brand names and can be built to withstand many conditions imposed by a system's environment and meet several requirements and regulations.
93GF Score

Get the complete analysis for NSE:ASTRAL

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,544.90
Price
₹1,851.19
GF Value