Thread by @camanishjain4u

Know your company:

#AstralPoly Technik Ltd

Incorporated in 1996, Astral is one of the fastest-growing piping companies in India. The company operates in four verticals—Pipes & Fittings, Adhesives & Sealants, Infrastructure, and Water Tanks.

It is the first company to introduce CPVC pipes in the country. Astral has six pipe manufacturing facilities and two units under construction. It has one water tank manufacturing facility under construction apart from two operational facilities. Post Covid-19,

the industry is likely to consolidate more which should benefit top players like Astral to increase market share. The government of India's spending under various schemes such as Atmanirbhar Bharat, Nal-Se-Jal, low-cost housing scheme,

corroded traditional pipes' replacement should drive pipe installations. It should augur well for players like Astral with good brands and a broad portfolio under its umbrella. When it comes to cost curtailments, cash-rich companies are better placed to manage

polymer price volatility and higher chemical prices. The pipe business is likely to double in the next five years. Decentralized manufacturing plants, expansion in new territories, and new distributors and dealers should provide leverage to the company to increase market share.