Astral Poly Technik:

• Established in 1999.
• Manufactures plumbing system and fittings for residential and industrial segments.
• Speciality process LLC (USA) holds 14% stake in Astral : manufactures Advanced CPVC Plumbing system.
• Sells products in India, Nepal, Bhutan, Bangladesh and SriLanka.
• Licensee of Lubrizol of US : in May 2012 commenced trial production of Bendable Pipes: for the first time in the world.
• In FY 2006 Debt equity ratio was 1.27
• In FY 2012, Debt equity ratio is 0.42 times.
• But capacity increased by 5 times.
• Only listed CPVC company.
• Excellent stock to invest in.