Astra Microwave Products Ltd
ASTRAMICROAstra Microwave Products Ltd
ASTRAMICRO


Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
48.35 | 6.73 | 0.29% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
33.71 | 8.91 | 1.74% |
Forecast & Ratings
Detailed Forecast from 4 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Astra Microwave Products Limited is engaged in designing and manufacturing of radio frequency (RF) and microwave super components and sub-systems finding applications in defense, space, telecom, meteorology and civil communication systems.
Investor Presentation
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Forecasts
Price
Revenue
Earnings
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Revenue Forecast
All values in ₹ cr.
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Earnings Per Share Forecast
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 427.42 | 395.82 | 370.66 | 318.01 | 479.38 | 651.77 | 756.84 | 820.99 | 932.53 | 1,020.79 | ||||||||||
Raw Materials | 163.19 | 190.14 | 141.99 | 180.08 | 333.54 | 486.21 | 542.10 | 539.58 | 558.36 | 767.11 | ||||||||||
Power & Fuel Cost | 2.36 | 2.81 | 3.29 | 3.16 | 3.62 | 3.48 | 3.59 | 4.49 | 5.04 | |||||||||||
Employee Cost | 47.94 | 56.76 | 69.50 | 65.03 | 69.03 | 69.59 | 78.33 | 92.05 | 108.28 | |||||||||||
Selling & Administrative Expenses | 40.24 | 20.41 | 14.04 | 16.57 | 21.58 | 17.82 | 23.54 | 27.68 | 29.37 | |||||||||||
Operating & Other expenses | 64.36 | 16.24 | 19.81 | -1.95 | -48.05 | -13.08 | 15.59 | 6.61 | 15.78 | |||||||||||
EBITDA | 109.33 | 109.46 | 122.03 | 55.12 | 99.66 | 87.75 | 93.69 | 150.58 | 215.70 | 253.68 | ||||||||||
Depreciation/Amortization | 24.04 | 24.49 | 27.41 | 28.90 | 25.76 | 23.54 | 22.04 | 23.65 | 24.97 | 30.37 | ||||||||||
PBIT | 85.29 | 84.97 | 94.62 | 26.22 | 73.90 | 64.21 | 71.65 | 126.93 | 190.73 | 223.31 | ||||||||||
Interest & Other Items | 14.09 | 15.24 | 14.88 | 12.87 | 14.76 | 25.66 | 21.44 | 30.97 | 31.72 | 47.42 | ||||||||||
PBT | 71.20 | 69.73 | 79.74 | 13.35 | 59.14 | 38.55 | 50.21 | 95.96 | 159.01 | 175.89 | ||||||||||
Taxes & Other Items | 14.93 | 12.14 | 18.65 | 3.60 | 15.10 | 9.70 | 12.34 | 26.12 | 37.95 | 41.45 | ||||||||||
Net Income | 56.27 | 57.59 | 61.09 | 9.75 | 44.04 | 28.85 | 37.87 | 69.84 | 121.06 | 134.44 | ||||||||||
EPS | 6.68 | 6.65 | 7.05 | 1.13 | 5.08 | 3.33 | 4.37 | 8.06 | 13.34 | 14.16 | ||||||||||
DPS | 1.20 | 1.00 | 1.20 | 0.25 | 1.20 | 1.20 | 1.40 | 1.60 | 2.00 | 2.00 | ||||||||||
Payout ratio | 0.18 | 0.15 | 0.17 | 0.22 | 0.24 | 0.36 | 0.32 | 0.20 | 0.15 | 0.14 |
Company Updates
Annual report
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PDFInvestor Presentation
Peers & Comparison
Information TechnologyCommunication & Networking
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Astra Microwave Products Ltd | 53.69 | 6.73 | 0.29% |
Railtel Corporation of India Ltd | 42.74 | 5.76 | 0.87% |
Avantel Ltd | 59.11 | 18.93 | 0.16% |
Nelco Ltd | 89.85 | 17.21 | 0.24% |
Price Comparison
Compare ASTRAMICRO with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Astra Microwave Products Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 3.8529% | Percentage of the fund’s portfolio invested in the stock 5.66% | Change in the portfolio weight of the stock over the last 3 months -0.05% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 6/23 (0) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 2.6632% | Percentage of the fund’s portfolio invested in the stock 0.29% | Change in the portfolio weight of the stock over the last 3 months 0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 167/240 (-4) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.6498% | Percentage of the fund’s portfolio invested in the stock 0.45% | Change in the portfolio weight of the stock over the last 3 months -0.01% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 67/75 (-5) |
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smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
ASTRAMICRO has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 0.28%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.85 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 23, 2024
Dividend/Share
₹2.00
Ex DateEx Date
Aug 23, 2024
Cash Dividend
Ex DateEx DateAug 23, 2023
Dividend/Share
₹1.60
Ex DateEx Date
Aug 23, 2023
Cash Dividend
Ex DateEx DateAug 11, 2022
Dividend/Share
₹1.40
Ex DateEx Date
Aug 11, 2022
Cash Dividend
Ex DateEx DateAug 17, 2021
Dividend/Share
₹1.20
Ex DateEx Date
Aug 17, 2021
Cash Dividend
Ex DateEx DateSep 1, 2020
Dividend/Share
₹1.20
Ex DateEx Date
Sep 1, 2020
Profit before tax rallied 7% to Rs 62 crore in Q3 FY25 as against Rs 58 crore reported in Q3 FY24. EBITDA stood at Rs 76 crore in Q3 FY25, registering a growth of 15.3%, compared with Rs 66 crore posted in Q3 FY24. During the quarter, EBITDA margin improved to 29.5% as against 28.6% registered in the same period a year ago. In Q3 FY25, the company's revenue breakdown by segment reveals a strong dominance of the defence sector, contributing 85% to the total. The space sector follows with a significant share of 3.3%. Exports, including deemed exports, contribute 8.4%, while the meteorological sector accounts for a smaller portion of 2.7%. The consolidated order book stood at Rs 2,332.6 crore as of December 31, 2024, which includes Rs 134.5 crore related to service orders. S G Reddy, managing director, Astra Microwave Products, said, 'For the quarter, Astra delivered a strong performance with revenue growth of 12% YoY on a standalone basis while maintaining EBITDA margins at healthy 29.1% levels. This growth was primarily due to the product mix, in which we saw higher execution of defence orders. The country is witnessing rapid import substitution, increased domestic production, and growing exports, leading to an inflow of higher indigenous orders to defence PSUs. Private players like Astra may also benefit from the flowdown of these orders. With the focus on increasing participation in indigenization orders, the consolidated order book stood at Rs 2,332 crore as of December 2024. On a macro level, the Union Budget FY25 allocated Rs. 6.81 lakh crores for defence, up from Rs 6.22 lakh crore in the previous year. The defence secretary highlighted plans to finalize record-breaking contracts, exceeding Rs 2 lakh crores by the end of this financial year, ensuring a steady pipeline for OEMs and component manufacturers. Against this backdrop, we continue to retain our annual revenue and order booking targets, as we are strategically positioned to leverage emerging opportunities in this expanding market.' Astra Microwave Products designs and manufactures high-value-added RF and microwave supercomponents and sub-systems that find application in defence, space, and civil communication systems. Shares of Astra Microwave Products tumbled 5.14% to Rs 695.10 on the BSE.Powered by Capital Market - Live
Net profit of Astra Microwave Products rose 9.34% to Rs 47.43 crore in the quarter ended December 2024 as against Rs 43.38 crore during the previous quarter ended December 2023. Sales rose 11.91% to Rs 258.54 crore in the quarter ended December 2024 as against Rs 231.02 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales258.54231.02 12 OPM %29.4728.63 - PBDT71.0964.13 11 PBT61.5657.50 7 NP47.4343.38 9 Powered by Capital Market - Live
Astra Microwave Products will hold a meeting of the Board of Directors of the Company on 7 February 2025.Powered by Capital Market - Live
The contract entails supply of 93 numbers of additional sets of SDR LRUs with A kits, SBC 2 card and network centric operations application for the Su-30 MKI fighter aircraft. The contract price stood at Rs 255.88 crore and it is to be executed within 24 months. Astra Microwave Products designs and manufactures high-value-added RF and microwave super components and sub-systems that find application in defence, space, and civil communication systems. The company's consolidated net profit slipped 15.4% to Rs 25.39 crore despite of 20.8% increase in net sales to Rs 229.61 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live
Net profit of Astra Microwave Products declined 15.42% to Rs 25.39 crore in the quarter ended September 2024 as against Rs 30.02 crore during the previous quarter ended September 2023. Sales rose 20.77% to Rs 229.61 crore in the quarter ended September 2024 as against Rs 190.12 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales229.61190.12 21 OPM %21.4521.91 - PBDT39.9144.68 -11 PBT33.7038.42 -12 NP25.3930.02 -15 Powered by Capital Market - Live
Astra Microwave Products will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live
The purpose of the agreement is to undertake the manufacturing of NavIC chips and GNSS products using the NavIC chip. The board of the joint venture company (JVC) shall comprise four directors, with each party appointing two directors, and the parties shall jointly appoint or nominate the chief executive officer (CEO), chief financial officer (CFO), company secretary, auditor, and other key managerial personnel (KMP) for the JVC. The shareholding in the joint venture will be equally divided, with Astra holding 50% and Manjeera holding 50%. Astra Microwave Products designs and manufactures high-value-added RF and microwave super components and sub-systems that find application in defence, space, and civil communication systems. The company's consolidated net profit soared 206.8% to Rs 7.20 crore on 16% increase in net sales to Rs 155.18 crore in Q1 FY25 over Q1 FY24.Powered by Capital Market - Live
Astra Microwave Products has received reaffirmation in credit ratings from CRISIL for the company's bank facilities as under: Long term bank facilities - CRISIL A/ Stable Short term bank facilities - CRISIL A1 Corporate credit rating - CRISIL A/ Stable Powered by Capital Market - Live
Astra Microwave Products will hold a meeting of the Board of Directors of the Company on 13 August 2024.Powered by Capital Market - Live
Astra Microwave Products announced that the 33th Annual General Meeting (AGM) of the company will be held on 30 August 2024.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 24.01%, vs industry avg of 14.29%
Increasing Market Share
Over the last 5 years, market share increased from 13.49% to 18.59%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 65.5%, vs industry avg of 20.92%