Astral (NSE:ASTRAL) ROE %: 21.00% (As of Mar. 2026) — 15% Above Median


NSE:ASTRAL Astral Ltd NSE:ASTRAL
98 GF Score
Price ₹1,486.90
GF Value ₹2,136.05
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Astral ROE %?

Astral NSE:ASTRAL -3.24% 98 ROE % is 21.00% as of Mar. 2026, which is 15% above its 10-year median of 18.30. GuruFocus rates NSE:ASTRAL with a GF Score™ of 98/100 and a GF Value™ of ₹2,136.05 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,743 Construction companies, Astral ranks better than 74.64% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Astral's annualized net income for the quarter that ended in Mar. 2026 was ₹8,520 Mil. Astral's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹40,579 Mil. Therefore, Astral's annualized ROE % for the quarter that ended in Mar. 2026 was 21.00%.

The historical rank and industry rank for Astral's ROE % or its related term are showing as below:

NSE:ASTRAL' s ROE % Range Over the Past 10 Years
Min: 13.98   Med: 18.3   Max: 23.8
Current: 14.06

During the past 13 years, Astral's highest ROE % was 23.80%. The lowest was 13.98%. And the median was 18.30%.

NSE:ASTRAL's ROE % is ranked better than
74.64% of 1743 companies
in the Construction industry
Industry Median: 6.69 vs NSE:ASTRAL: 14.06

Astral  (NSE:ASTRAL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=8520/40579
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8520 / 83540)*(83540 / 58119)*(58119 / 40579)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.2 %*1.4374*1.4322
=ROA %*Equity Multiplier
=14.66 %*1.4322
=21.00 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=8520/40579
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (8520 / 11864) * (11864 / 12356) * (12356 / 83540) * (83540 / 58119) * (58119 / 40579)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7181 * 0.9602 * 14.79 % * 1.4374 * 1.4322
=21.00 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Astral ROE % Related Terms


Astral ROE % Historical Data

* Premium members only.

The historical data trend for Astral's ROE % 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 ROE % Chart

Astral Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.86 18.09 18.51 15.39 13.98

Astral Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 19.83 8.97 14.28 11.41 21.00

NSE:ASTRAL vs TT, JCI, CARR: ROE % Comparison

For the Building Products & Equipment subindustry, Astral's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Construction Industry

For the Construction industry and Industrials sector, Astral's ROE % distribution charts can be found below:

* The bar in red indicates where Astral's ROE % falls into.


NSE:ASTRAL
98GF Score
Astral Ltd NSE:ASTRAL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Astral ROE % Calculation

Astral's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=5366/( (36170+40579)/ 2 )
=5366/38374.5
=13.98 %

Astral's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=8520/( (0+40579)/ 1 )
=8520/40579
=21.00 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 21.00% mean?
Astral (NSE:ASTRAL) has a ROE % of 21.00% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Astral and its competitors. This is 15% above median its historical median of 18.30. Over the past decade, Astral's ROE % has ranged from 13.98 to 23.80. According to the industry distribution chart, Astral ranks #442 out of 1743 companies in the Construction industry, placing it in the top 25.4%.
Is Astral's ROE % too high?
Astral's current ROE % of 21.00% is 15% above median its 10-year median of 18.30. Over the past 10 years, this metric has ranged from a low of 13.98 to a high of 23.80. The Construction industry median ROE % is 6.69. Astral's value of 21.00% is 213.9% above this industry median. Based on the distribution chart, Astral ranks #442 out of 1743 companies in the Construction industry, which is above the industry midpoint. Overall, Astral has a GF Score™ of 98/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Astral's ROE % compare to TT and JCI?
According to the Construction industry distribution chart, Astral ranks #442 out of 1743 companies for ROE %. This puts Astral in the upper half of its industry. The industry median ROE % is 6.69. Astral's value of 21.00% is 213.9% above this benchmark. Historically, Astral's own ROE % has ranged from 13.98 to 23.80 over the past decade. While the company's 10-year median is 18.30 vs. the industry median of 6.69, Astral has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Construction company?
The median ROE % among Construction companies is 6.69, based on 1,743 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Astral's current ROE % of 21.00% is 213.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Astral and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astral's current ROE % is 21.00%, which is 15% above median its own 10-year median of 18.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astral stock overvalued right now?
Based on GuruFocus' analysis, Astral (NSE:ASTRAL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,136.05, compared to a current price of ₹1,486.90 — trading 30.4% below its estimated fair value. The current ROE % is 21.00%, which is 15% above median its 10-year median of 18.30 and 213.9% above the Construction industry median of 6.69. Astral's overall GF Score™ is 98/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Astral (NSE:ASTRAL), the current ROE % is 21.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Astral (NSE:ASTRAL) Overvalued in 2026?

Based on GuruFocus' analysis, Astral stock appears to be undervalued. The current stock price of ₹1,486.90 is trading 30.4% below its estimated GF Value™ of ₹2,136.05. GuruFocus considers Astral to be Significantly Undervalued.

Key valuation signals for NSE:ASTRAL:

  • ROE %: 21.00% (15% above median its 10-year median of 18.30)
  • GF Value™: ₹2,136.05 vs. price of ₹1,486.90 (30.4% below fair value)
  • GF Score™: 98/100 with 4 warning signs
  • Industry Position: 213.9% above the Construction median (#442 of 1743)

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.
98GF Score

Get the complete analysis for NSE:ASTRAL

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

₹1,486.90
Price
₹2,136.05
GF Value