When it comes to dependable piping as well as building materials options in India, Astral Pipes is one of the most trusted and innovative brands. The company is still expanding at a rapid pace in the national and global markets due to the continuous introduction of new technologies and its high quality in each product. Today, customers know Astral as a solid brand that delivers value, strength and innovation.
Company Overview
| Company | Astral Limited |
| Establishment Year | 1996 |
| Headquarters | Gujarat, India |
| Industry | Piping, Adhesives, Paints and Home Building Solutions |
| Manufacturing Units | 14 units across India |
| Countries Served | 25 plus |
| Dealers | 36500 plus |
| Market Listing | NSE and BSE |
Astral Limited began back in 1996 in Gujarat, India. The company started with introducing the CPVC piping technology in the Indian market and later diversified into the business of adhesives, sealants, water tanks, bathware, faucets, and paints. Astral has now expanded into many countries with world class manufacturing plants and a powerful distribution network.
Who Owns Astral Pipes?
The Astral Limited under the promoter group is owned by the Engineer family. Sandeep Engineer is the founder of the company and he is still at the helm steering the company with his great vision. The promoter shareholding is still around 54.21%, indicating strong trust and leadership control.
Who Leads Astral Pipes?
Sandeep Engineer is the Chairman and Managing Director of Astral Limited. He also plays the role of CEO for the core piping business. His son Saumya Engineer heads the adhesives and paints divisions in the role of the CEO. Together, the leadership team is focusing on technology, business expansion and customer satisfaction.
Astral Pipes Net Worth and Market Capitalization
Astral Limited has been a successful business with good financial performances over the years. As of late 2025, the company’s market capitalization is approximately ₹39,209 crore. The net worth of the company or the total company equity is approximately ₹3,368 crore as of September 30, 2024. The promoter Sandeep Engineer has an individual net worth of almost ₹31,730 crore, which speaks volumes about the strength and worth of the business he created.
Why Astral Pipes Stands Out
Astral continues to set the market standard with a focus on innovation, modern manufacture and excellent quality. The company invests heavily in technology, automation, and backward integration to provide the best products. A good dealer network, brand identity and globalization are behind Astral’s rapid growth. Because of these strengths, Astral continues to remain a dominant force in the Indian home building material sector and continues to serve millions of customers with confidence.
Astral Pipes proudly proves that innovation and commitment leads to long term success.
