Significant increase in volume has been observed in Astec LifeSciences Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Astec LifeSciences Limited has submitted their response.
Ask the chart: “Has this stock recovered from similar drawdowns before?”
AI equity note (bull/bear, numbers, sources) — coming soon
Management guidance consistency — coming soon
Latest filings
NSE announcements · newest firstSignificant increase in volume has been observed in Astec LifeSciences Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.
Key MetricsFull financials →
P/E (TTM)
-24.7×
EPS ₹-29.87
P / Book
4.22×
BVPS ₹175
ROE
-25.9%
FY26, avg equity
Net margin
-18.0%
FY26
Revenue YoY
−8.3%
Q1 FY27
Net profit YoY
+43.4%
Q1 FY27
Debt / equity
1.15×
₹449 Cr debt
Div. yield
–
no dividend in 12 months
From NSE filings (consolidated) and the last close.
Shareholding Pattern Jun 2026
Promoter pledge: none reported
Peer Comparison
| Company | P/E | P/B | ROE | Margin |
|---|---|---|---|---|
| GSPCROP₹2,318 Cr | – | 3.00× | 12.3% | 6.2% |
| BHARATRAS₹1,823 Cr | 13.0× | 1.43× | 12.1% | 11.7% |
| INSECTICID₹1,753 Cr | 14.0× | 1.44× | 12.1% | 6.5% |
| ASTEC₹1,647 Cr | – | 4.22× | -25.9% | -18.0% |
| IPL₹1,543 Cr | 14.3× | 1.53× | 12.6% | 11.3% |
| MOL₹1,488 Cr | 23.2× | 0.96× | 1.9% | 1.3% |
Pesticides & Agrochemicals: the companies closest in market value, of the 21 in that basic industry whose filings we hold. Computed from each company's NSE filings (up to Q1 FY27) and the last close; hover a column for its definition.
Forensic Flags4 Watch
Free cash flow was negative in 5 of the last 5 years
Operating cash flow less capital expenditure, as filed.
Receivables grew 68% against revenue growth of 18%
FY26: debtor days moved from 141 to 202.
Profit before interest and tax covers finance costs -1.3×
FY26.
Share count changed +13.7% in three years, net of bonuses and splits
From 2023-03-31 to 2026-03-31. Shares issued for mergers, placements, conversions and stock options all count.
Debt to equity is 1.15×
As at 2026-03-31; it was 0.81× at 2023-03-31.
6 checks within their thresholds
Inventory grew -14% against revenue growth of 18%
FY26: inventory days moved from 153 to 112.
Exceptional items above 5% of pre-tax profit in 0 of the last 5 years
FY22–FY26.
Promoter holding is 71.96%, +1.09 points over a year
2026-06-30 against 2025-06-30.
No promoter shares are pledged
Shareholding pattern as at 2026-06-30.
No auditor change or resignation filings in three years
From NSE announcements on record.
Results were filed late in 0 of the last 8 quarters
Slowest filing came 31 days after the period end.
Computed from NSE filings (consolidated). Colours follow fixed thresholds, shown on hover. These are facts about the filings, not advice. 1 check not run for lack of data.
Formula Scores
Piotroski F-score: 5 of 9 · FY to 2026-03-31one point for each of nine tests on profitability, leverage and liquidity, and operating efficiency, comparing the year with the one before
- ✗ Return on assets positive: -9.18 — profit after tax over the year's opening total assets, %
- ✗ Operating cash flow positive: -80.7 — ₹ crore
- ✓ Cash flow above profit (accruals): 0.2 — operating cash flow less profit after tax, ₹ crore
- ✓ Return on assets improved: 4.64 — change in ROA, percentage points
- ✓ Long-term borrowings to assets fell: -26.46 — change in long-term borrowings over total assets, percentage points
- ✗ Current ratio improved: -0.05 — change in current assets over current liabilities
- ✗ No new shares issued: 13.62 — change in share capital, %
- ✓ Gross margin improved: 4.92 — revenue less material cost over revenue, change in percentage points
- ✓ Asset turnover improved: 0.117 — revenue over the year's opening total assets, change
Inputs: profit after tax ₹-81 Cr (2026-03-31) · profit after tax ₹-135 Cr (2025-03-31) · total assets ₹942 Cr (2026-03-31) · total assets ₹881 Cr (2025-03-31)
The paper's bands: 8–9: the paper's high group; 0–2: the paper's low group
Source: Joseph Piotroski, "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers", Journal of Accounting Research, 2000
Altman Z-score: 2.63 · FY to 2026-03-31Z = 1.2 × working capital / total assets + 1.4 × retained earnings / total assets + 3.3 × EBIT / total assets + 0.6 × market value of equity / total liabilities + 1.0 × sales / total assets
- working capital / total assets: -0.06 × 1.2
- retained earnings / total assets: 0.391 × 1.4 — reserves and surplus as retained earnings
- EBIT / total assets: -0.049 × 3.3 — profit before tax plus finance cost
- market value of equity / total liabilities: 3.064 × 0.6 — market capitalisation over total assets less equity
- sales / total assets: 0.476 × 1
Inputs: total assets ₹942 Cr (2026-03-31) · current assets ₹443 Cr (2026-03-31) · current liabilities ₹500 Cr (2026-03-31) · reserves ₹368 Cr (2026-03-31) · total equity ₹391 Cr (2026-03-31) · profit before tax ₹-81 Cr (2026-03-31) · finance cost ₹35 Cr (2026-03-31) · revenue ₹448 Cr (2026-03-31) · market capitalisation (today) ₹1,688 Cr
The paper's bands: above 2.99: the paper's safe zone; 1.81–2.99: the grey zone; below 1.81: the distress zone
the 1968 form, fitted on manufacturers; reserves stand in for retained earnings, and profit before tax plus finance cost for EBIT
Source: Edward Altman, "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy", Journal of Finance, 1968
Graham number: not computed · FY to 2026-03-31undefined when earnings or book value per share are not positive
Sloan accrual ratio: -0.02 % of assets · FY to 2026-03-31(profit after tax − operating cash flow) / average total assets
Inputs: profit after tax ₹-81 Cr (2026-03-31) · operating cash flow ₹-81 Cr (2026-03-31) · total assets ₹942 Cr (2026-03-31) · total assets ₹881 Cr (2025-03-31)
how much of the year's profit was not cash; the paper sorts companies by this and reports the top decile's later returns
Source: Richard Sloan, "Do Stock Prices Fully Reflect Information in Accruals and Cash Flows about Future Earnings?", The Accounting Review, 1996
Each score is its published formula applied to the company's own filings (consolidated); open one for the tests, the inputs and the paper. Arithmetic on the filings, not a view on the stock.