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Astec Lifesciences Limited (IN:ASTEC)
:ASTEC
India Market
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Astec Lifesciences Limited (ASTEC) AI Stock Analysis

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IN:ASTEC

Astec Lifesciences Limited

(ASTEC)

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Underperform 40 (OpenAI - 5.2)
Rating:40Underperform
Price Target:
₹585.00
▼(-16.84% Downside)
Action:Downgraded
Date:08/06/26
The score is primarily constrained by weak financial performance—sustained losses, higher leverage, and worsening cash burn—indicating elevated execution and funding risk. Technicals add downside pressure with the stock trading below all key moving averages and negative MACD, despite oversold readings. Valuation is also penalized because the negative P/E reflects loss-making operations and dividend support is not indicated.
Positive Factors
Revenue Recovery
The FY26 revenue rebound indicates improving demand or volumes after two weaker years. Sustained top-line recovery could improve operating leverage and provide a foundation for restoring profitability, although this remains unproven.
Negative Factors
Sustained Losses
The shift to large losses across three consecutive fiscal years indicates that the business model is not currently converting revenue into sustainable earnings. Persistent negative operating profit can weaken reinvestment capacity and increase dependence on external funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Recovery
The FY26 revenue rebound indicates improving demand or volumes after two weaker years. Sustained top-line recovery could improve operating leverage and provide a foundation for restoring profitability, although this remains unproven.
Read all positive factors

Astec Lifesciences Limited (ASTEC) vs. iShares MSCI India ETF (INDA)

Astec Lifesciences Limited Business Overview & Revenue Model

Company Description
Astec LifeSciences Limited, together with its subsidiaries, manufactures and sells agrochemical active ingredients and pharmaceutical intermediates in India. The company provides triazole fungicides for use in field crops; foliar treatment for the...
How the Company Makes Money
ASTEC primarily makes money by manufacturing and selling agrochemical active ingredients (technical-grade crop protection chemicals) and chemical intermediates used by formulators and agrochemical companies to produce finished crop protection prod...

Astec Lifesciences Limited Financial Statement Overview

Summary
Overall fundamentals are stressed: the company shifted from profits in FY21–FY23 to large losses in FY24–FY26 despite an FY26 revenue rebound (+18.5%). Leverage increased materially (debt-to-equity rising to ~2.4x in FY25 from ~0.8x in FY23), and cash generation deteriorated with sharply negative operating cash flow in FY26 and consistently negative free cash flow.
Income Statement
28
Negative
Balance Sheet
42
Neutral
Cash Flow
22
Negative
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue4.41B4.48B3.81B4.58B6.28B6.77B
Gross Profit552.59M419.01M-685.16M1.33B2.27B2.86B
EBITDA89.92M-15.49M-662.07M-2.69M893.14M1.65B
Net Income-665.97M-809.17M-1.35B-469.30M255.65M898.59M
Balance Sheet
Total Assets0.009.42B8.81B9.75B9.79B8.97B
Cash, Cash Equivalents and Short-Term Investments100.49M122.51M8.55M16.47M27.54M33.44M
Total Debt0.004.49B5.55B4.94B3.41B2.79B
Total Liabilities-3.91B5.51B6.46B6.05B5.60B5.00B
Stockholders Equity3.91B3.91B2.35B3.69B4.19B3.96B
Cash Flow
Free Cash Flow-234.96M-1.18B-302.20M-1.25B-426.03M-803.74M
Operating Cash Flow-199.52M-1.13B-83.99M102.21M746.56M236.04M
Investing Cash Flow-73.41M-49.07M-152.30M-1.35B-1.13B-1.04B
Financing Cash Flow297.62M1.27B237.33M1.25B377.70M804.77M

Astec Lifesciences Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price703.50
Price Trends
50DMA
663.18
Negative
100DMA
689.87
Negative
200DMA
676.10
Negative
Market Momentum
MACD
-20.09
Negative
RSI
34.13
Neutral
STOCH
46.34
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ASTEC, the sentiment is Negative. The current price of 703.5 is above the 20-day moving average (MA) of 607.70, above the 50-day MA of 663.18, and above the 200-day MA of 676.10, indicating a bearish trend. The MACD of -20.09 indicates Negative momentum. The RSI at 34.13 is Neutral, neither overbought nor oversold. The STOCH value of 46.34 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ASTEC.

Astec Lifesciences Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
₹71.58B11.291.84%18.52%49.11%
67
Neutral
₹21.10B9.190.02%-5.17%4.24%
65
Neutral
₹44.98B16.420.20%-5.63%-11.38%
63
Neutral
₹16.46B13.620.71%1.26%-16.43%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
55
Neutral
₹15.80B14.880.50%17.05%9.10%
40
Underperform
₹13.05B-19.219.33%53.30%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:ASTEC
Astec Lifesciences Limited
579.65
-294.05
-33.66%
IN:BHARATRAS
Bharat Rasayan Limited
1,255.90
-1,269.91
-50.28%
IN:DHANUKA
Dhanuka Agritech Limited
975.80
-621.12
-38.89%
IN:INSECTICID
Insecticides (India) Limited
597.75
-227.11
-27.53%
IN:IPL
India Pesticides Ltd.
139.40
-70.27
-33.51%
IN:SHARDACROP
Sharda Cropchem Ltd.
783.90
-150.48
-16.10%

Astec Lifesciences Limited Corporate Events

Astec LifeSciences shareholders clear board changes and related-party deals via postal ballot
Jul 4, 2026
Astec LifeSciences Limited said shareholders approved multiple board-level appointments and changes via a postal ballot, with all resolutions passed by the requisite majority following e-voting. The company confirmed the addition of non-executive ...
Astec LifeSciences Shareholders Clear Board Changes and Key Godrej Group Transactions
Jul 4, 2026
Astec LifeSciences Limited has reported that shareholders have approved all resolutions proposed through a recent postal ballot and e-voting process, as confirmed by the scrutinizer’s report dated 4 July 2026. The measures include the appoin...
Astec Lifesciences Overhauls Board, Clears Key Godrej Group Transactions via Postal Ballot
Jul 4, 2026
Astec LifeSciences Limited said shareholders have approved a slate of boardroom changes and related party arrangements through a postal ballot, with all resolutions passed by the requisite majority via e-voting. The approvals include appointing Vi...
Astec LifeSciences Reshapes Board and Clears Key Godrej Group Transactions
Jul 4, 2026
Astec LifeSciences has secured shareholder approval via postal ballot and e-voting for a comprehensive reshaping of its board and governance framework. Investors backed the appointment of Vishal Sharma and Burjis N. Godrej as non‑executive, ...
Godrej Agrovet Confirms No Encumbrance on Astec Lifesciences Promoter Stake for FY 2025-26
Jun 22, 2026
Godrej Agrovet Limited, acting as promoter and part of the promoter group of Astec Lifesciences Limited, has filed its annual declaration with Indian stock exchanges under Regulation 31(4) of the SEBI Takeover Regulations for the financial year 20...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 06, 2026