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🏫 SOIC Membership Plus 1 Year Plan: https://learn.soic.in/learn/SOIC-Course Use Coupon Code: SOICBONUS10 SOIC Research Services (India + Global) - https://www.soicresearch.in/home 🔎 SOIC StockScans Platform: https://www.stockscans.in/home 7 classes For Financial Freedom (Free)- https://learn.soic.in/learn/7-Classes... SOIC Research: https://www.soicresearch.in/home?subs... 🏔️Persistence Capital (AIF Fund)- https://www.persistencecap.in/india/home 🎞 Link to the presentation: https://soic.in/visualization 📰 Link to the SOIC Newsletter: https://soic.in/blogs Tijori Finance 🤝SOIC (10% Discount on Tijori)- Use the code SOIC025 or click on the following link- https://tijorifinance.com/account/sub... Business Analysis - Astral Ltd ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ Time Stamps: ❑ Mental Model: Value Migration (0:00) ❑ Industry Structure: History of Pipe Industry (1:51) ❑ Pipe Comparison (7:06) ❑ How did Astral emerge: A Story of Persistence (9:04) ❑ Principal-Agent Model (12:46) ❑ Unit Economics & What it takes to be successful (14:35) ❑ P2P Analysis (Prince, Ashirvad, Finolex, etc.) (17:53) ❑ Could there be Multiple Winners? (24:30) ❑ Astral's 2nd Segment: Adhesives (26:32) ❑ Water Tank Industry (33:30) ❑ Valuations do Matter! (34:40) ❑ Thesis & Anti-Thesis Pointers (36:14) ❑ APL Apollo vs. Astral (38:12) ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ ﹎ Connect with us on: 🔗 Website: https://soic.in/ 📱 Android Mobile Application: https://play.google.com/store/apps/de... 🐦 Twitter: / soicfinance 📸 Instagram: https://www.instagram.com/intrinsicco... 📧 Email: info@soic.in 🎞 Presentation Link: https://www.soic.in/visualization 🎥 Youtube: / @soicfinance 📣 DISCLOSURES UNDER SEBI (RESEARCH ANALYST) REGULATIONS, 2014: SOIC Intelligent Research LLP is registered with SEBI under SEBI (Research Analyst) Regulations, 2014 with registration no. INH000012582. #soic