---
title: "Astron Multigrain Ltd (544628) — Share Price, Financials & Analysis"
symbol: "544628"
company: "Astron Multigrain Ltd"
canonical: "https://tapetide.com/stocks/544628"
isin: "INE0RUY01012"
nse_symbol: "ASTRONMULTIGRAINLTD"
bse_code: "544628"
sector: "Food Products"
industry: "Packaged Foods"
market_cap_cr: 13.83
generated_at: "2026-09-13T18:47:02.847Z"
---

# Astron Multigrain Ltd (544628)

Canonical page: https://tapetide.com/stocks/544628

## Company

- **NSE Symbol:** ASTRONMULTIGRAINLTD
- **BSE Code:** 544628
- **ISIN:** INE0RUY01012
- **Sector:** Food Products
- **Industry:** Packaged Foods
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2025-12-08
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** astronmultigrain.co.in

## About

Incorporated in , Astron Multigrain manufactures instant noodles.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:33:59.556433Z.

- **Market Cap:** ₹13.83 Cr
- **Classification:** SME
- **P/E (reported):** 4.2
- **Book Value:** ₹31.5
- **Price to Book:** 0.53
- **Dividend Yield:** 0%
- **ROE:** 21.95%
- **ROCE:** 29.81%
- **Debt to Equity:** 0.09
- **Revenue (yearly):** ₹48.4 Cr
- **Net Income:** ₹3.51 Cr
- **EBITDA:** ₹5.21 Cr
- **52-Week High:** ₹50.4
- **52-Week Low:** ₹14.1
- **RSI (14):** 44.51

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.52 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 86.8 to 127 days.
- Working capital days have increased from 65.7 days to 112 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 23.19% | -68.98% | 2.41% |
| ebitda margin growth | -10.74% | -23.54% | 17.42% |
| net income growth | 52.61% | 41% | 145% |
| revenue growth | 42.77% | 35% | 37% |
| roce | -4.58% | 4.52% | 20.61% |
| roe | -9.26% | 26.2% | -254.8% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Sales | 19.53 | 34.34 |
| Expenses | 16.48 | 31.73 |
| Operating Profit | 3.05 | 2.61 |
| OPM % | 15.62 | 7.6 |
| Other Income | 0.01 | 0.19 |
| Interest | 0.21 | 0.01 |
| Depreciation | 0.28 | 0.31 |
| Profit before tax | 2.57 | 2.48 |
| Tax % | 24.12 | 25 |
| Net Profit | 1.94 | 1.86 |
| EPS in Rs | 3.1 | 2.16 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 10.15 | 12.36 | 19.49 | 25.9 | 33.91 | 48.4 |
| Expenses | 9.21 | 11.24 | 16.88 | 22.79 | 29.84 | 43.19 |
| Operating Profit | 0.94 | 1.12 | 2.61 | 3.11 | 4.07 | 5.21 |
| OPM % | 9.26 | 9.06 | 13.39 | 12.01 | 12 | 10.76 |
| Other Income | -0.39 | 0.01 | 0.01 | 0.61 | 0.01 | 0.2 |
| Interest | 0.35 | 0.42 | 0.62 | 0.61 | 0.44 | 0.18 |
| Depreciation | 0.34 | 0.45 | 0.48 | 0.55 | 0.55 | 0.62 |
| Profit before tax | -0.14 | 0.26 | 1.52 | 2.56 | 3.09 | 4.61 |
| Tax % | 57.14 | 61.54 | 18.42 | 22.66 | 25.24 | 25.16 |
| Net Profit | -0.22 | 0.1 | 1.24 | 1.98 | 2.31 | 3.45 |
| EPS in Rs | -1.26 | 0.38 | 4.68 | 3.16 | 3.69 | 4.01 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 1.75 | 2.65 | 2.65 | 6.26 | 6.26 | 8.6 |
| Reserves | -0.21 | -0.11 | 1.17 | 1.94 | 4.25 | 18.49 |
| Borrowings | 6.09 | 5.92 | 6.7 | 5.02 | 4.28 | 2.45 |
| Other Liabilities | 1.8 | 4.9 | 4.31 | 4.5 | 7 | 7.1 |
| Total Liabilities | 9.43 | 13.36 | 14.83 | 17.72 | 21.79 | 36.64 |
| Fixed Assets | 6.57 | 6.17 | 6.95 | 7.09 | 6.57 | 9.6 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 2.86 | 7.19 | 7.88 | 10.63 | 15.22 | 27.04 |
| Total Assets | 9.43 | 13.36 | 14.83 | 17.72 | 21.79 | 36.64 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.83 | -0.13 | 2.74 | 0.69 | 0.85 | -7.39 |
| Cash from Investing Activity | -1.89 | -0.04 | -1.25 | -0.68 | -0.02 | -3.52 |
| Cash from Financing Activity | 1.19 | 0.35 | -1.18 | 0 | -1.14 | 11.07 |
| Net Cash Flow | 0.13 | 0.18 | 0.3 | 0.01 | -0.31 | 0.16 |
| Free Cash Flow | -1.07 | -0.18 | 1.48 | 0 | 0.82 | -11.81 |
| CFO/OP | 88 | -12 | 105 | 23 | 21 | -141 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 13.67 | 51.38 | 20.97 | 52.57 | 80.41 | 127.37 |
| Inventory Days | 94.81 | 170.78 | 139.14 | 104.41 | 90.37 | 49.03 |
| Days Payable | 42.14 | 155.14 | 75.37 | 53.17 | 63.56 | 38.29 |
| Cash Conversion Cycle | 66.33 | 67.02 | 84.75 | 103.81 | 107.22 | 138.12 |
| Working Capital Days | -40.28 | 4.13 | -1.5 | 33.54 | 51.67 | 111.76 |
| ROCE % | — | 8.45 | 22.55 | 26.71 | 25.21 | 21.61 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2023 | Mar 2024 | Sep 2025 | Dec 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 100% | 100% | 100% | 66.05% | 66.05% |
| FIIs | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 0% | 0% | 29.98% | 30.86% |
| Others | 0% | 0% | 0% | 3.98% | 3.09% |
| No. of Shareholders | 7 | 7 | 7 | 648 | 614 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 8 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 17.35 | Sell |
| EMA (10) | 17.12 | Sell |
| SMA (20) | 17.62 | Sell |
| EMA (20) | 17.38 | Sell |
| SMA (50) | 17.47 | Sell |
| EMA (50) | 17.5 | Sell |
| SMA (100) | 17.24 | Sell |
| EMA (100) | 18.1 | Sell |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 41.45 | Neutral |
| MACD (12,26,9) | -0.23 | Sell |
| Stochastic (14,3,3) | 23.88 | Neutral |
| ADX (14) | 12.96 | Neutral |
| Williams %R (14) | -78.12 | Neutral |
| ATR (14) | 1.74 | High Volatility |
| ROC (12) | -12.77 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 50.46 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1a0e9a44-218e-4586-8418-f203659a6dbb.pdf) |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bae57bd2-0f43-418c-8025-116f5c3b1896.pdf) |
| 2026-09-03 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6b4635f0-95ec-4b46-aa17-e1613128f0cf.pdf) |
| 2026-09-03 | [Annual General Meeting Scheduled To Be Held On September 25 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=54bef5d3-2095-41ac-9e78-fc83cdabc5b2.pdf) |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d45e8342-96cd-4767-b22a-cb1ebdb964fa.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=59b88618-7576-4c87-b37d-81407c42bf34.pdf) |
| 2026-07-13 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2ed3efc-9d6b-4a84-9e24-c422fe162597.pdf) |
| 2026-05-30 | [Board Meeting Outcome for Declaration Of Audited Standalone Financial Results For The Halfyear And Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f670c15b-dde7-4d51-97b7-5c96a7c1207f.pdf) |
| 2026-05-30 | [Statement Of Deviation For The Half-Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1a971506-98ff-4079-b711-761988b20ffc.pdf) |
| 2026-05-16 | [Board Meeting Intimation for Declaration Of Audited Standalone Financial Results For The Half Year And Year Ended On March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=40d48c2b-45a9-4fa0-b2e4-7b44725ca653.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-30 | [Declaration Of Audited Standalone Financial Results For The Half-Year And Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=addff31a-406a-40b3-b88c-b0534240263f.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 27 Mar - Trading window closed from April 1, 2026 until 48 hours after declaration of FY2025-26 Q4 and year-end results. | [Closure of Trading Window 27 Mar - Trading window closed from April 1, 2026 until 48 hours after declaration of FY2025-26 Q4 and year-end results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ac9f4023-dfdc-4924-92a0-1423b20cf01a.pdf) |
| 25 Feb - Bombay High Court (25 Feb 2026) set aside Rs.133.61 crore penalties on three officers; ITC demand Rs.70.26 crore. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 25 Feb - Bombay High Court (25 Feb 2026) set aside Rs.133.61 crore penalties on three officers; ITC demand Rs.70.26 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/581411a9-1c64-4a6b-9d56-ac6dac2daff6.pdf) |
| 14 Feb - Bombay High Court interim order (13 Feb 2026) stays action on GST demand ~Rs70.26cr, penalties ~Rs63.35cr and Rs133.61cr. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 14 Feb - Bombay High Court interim order (13 Feb 2026) stays action on GST demand ~Rs70.26cr, penalties ~Rs63.35cr and Rs133.61cr.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ce961103-cf61-4d2d-9fb9-0230141d562f.pdf) |
| 12 Feb - Newspaper Publication under Regulation 30 of SEBI (LODR) Regulations, 2015 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Feb - Newspaper Publication under Regulation 30 of SEBI (LODR) Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f24f8767-740b-47eb-902c-2576268ba3c7.pdf) |
| 11 Feb - Preferential allotment of 14,10,000 shares at Rs110 (Rs15.51 crore) to promoters for debt repayment; e-voting Feb 12–Mar 13, 2026. | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 11 Feb - Preferential allotment of 14,10,000 shares at Rs110 (Rs15.51 crore) to promoters for debt repayment; e-voting Feb 12–Mar 13, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/99bb6f17-f01c-4bd0-a661-437891e9ad45.pdf) |
| 11 Feb - Feb 11, 2026: Board approved preferential issue of 14,10,000 shares at Rs110 (Rs15.51 crore) to promoters. | [Board Meeting Outcome for Outcome Of Board Meeting- Pursuant To Regulation 30 Of The SEBI (LODR), Regulations, 2015 11 Feb - Feb 11, 2026: Board approved preferential issue of 14,10,000 shares at Rs110 (Rs15.51 crore) to promoters.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c45a44be-0216-4c8c-a525-db3ec7b4e4d9.pdf) |
| 11 Feb - Board approved 14,10,000 shares at Rs110 each, aggregating Rs15.51 crore to promoters for debt repayment. | [Announcement under Regulation 30 (LODR)-Preferential Issue 11 Feb - Board approved 14,10,000 shares at Rs110 each, aggregating Rs15.51 crore to promoters for debt repayment.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b1bd1dce-1170-4db2-8dcd-21a89c5890c0.pdf) |
| 10 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026; no demat requests received. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018 10 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026; no demat requests received.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/38433f7b-a459-4e75-b0f4-e55609e58506.pdf) |
| — | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018 14 Jan](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ffb51cdd-638a-48da-8657-98683413f523.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2016 | [Concall - Sep 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=592B018A_0F45_4316_8966_6043F5CBFB06_171013.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/68331e52-1864-4a4a-bd40-d590d7a70b22.pdf) |
| Oct 2022 | [Concall - Oct 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ffe5b336-e9f8-4de3-ac4e-d7e0d63f6204.pdf) |
| Oct 2020 | [Concall - Oct 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e534819e-903a-4494-bbb6-681d1eff21e5.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4d301db2-4dff-467b-9ccf-693eeaf2ee3b.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/31beef6a-6d5e-44f0-997f-09bc2e47edeb.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/89b91c76-9c82-4ab9-aecf-003a9031146e.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/11/2b3b6fc8-9741-4dc3-b554-cc969e4fdc83.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/42554da3-a03e-4b2e-a7b0-03928e90261d.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/80fa37d1-5da5-4a82-84d2-51d5f8922a8c.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0fab0279-f745-464b-82d4-71ff9da5c030.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/01c17ac5-ce7b-498c-a2fc-cd0fcf020172.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b6c5e4e7-0e54-4545-9fa4-479882b13210.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/538685/73700538685.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/538685/69939538685.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/538685/65339538685.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/538685/5386850319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/538685/5386850318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/538685/5386850317.pdf) |
| from bse | [Financial Year 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/538685/5386850316.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:47:02.847Z.