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Astra Microwave Prod Overview

Astra Microwave Products Ltd is engaged in designing and manufacturing of radio frequency (RF) and microwave super components and sub-structures finding applications in defense, space, telecom, meteorology and civil communication systems. The Company's essential activity is to carry on the enterprise to manufacture, produce, gather, restore, preserve, import, export, buy, sell or in any other case deal in all varieties of digital items and components, including numerous types of filters, power dividers, directional couplers amplifiers, circulat...Read More

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Astra Microwave Prod Key Financials

Market Cap ₹10669 Cr.

Stock P/E 69.5

P/B 8.9

Current Price ₹1123.8

Book Value ₹ 126.9

Face Value 2

52W High ₹1195.7

Dividend Yield 0.2%

52W Low ₹ 770

Astra Microwave Prod Share Price

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Volume
Price

Astra Microwave Prod Quarterly Price

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Astra Microwave Prod Peer Comparison

Astra Microwave Prod Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 190 231 354 155 230 259 408 200 215 260
Other Income 3 4 3 2 2 2 11 3 6 3
Total Income 194 235 357 157 232 261 419 202 220 263
Total Expenditure 148 165 273 131 180 182 288 159 167 178
Operating Profit 45 70 83 26 51 78 131 43 54 86
Interest 6 8 9 10 13 15 19 15 13 13
Depreciation 6 7 6 8 6 10 11 9 10 11
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 33 55 67 7 33 54 100 20 30 61
Provision for Tax 8 14 17 2 8 14 26 5 8 19
Profit After Tax 24 41 51 5 24 40 75 15 22 42
Adjustments 6 3 4 2 1 8 -1 2 2 5
Profit After Adjustments 30 43 54 7 25 47 73 16 24 47
Adjusted Earnings Per Share 3.2 4.6 5.7 0.8 2.7 5 7.7 1.7 2.5 4.9

Astra Microwave Prod Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 634 419 390 362 293 467 641 750 816 909 1051 1083
Other Income 6 9 6 9 25 12 11 6 5 12 24 23
Total Income 640 427 396 371 318 479 652 757 821 921 1075 1104
Total Expenditure 518 318 287 249 261 378 561 661 667 717 788 792
Operating Profit 122 109 109 122 57 101 91 96 154 204 287 314
Interest 15 14 15 15 13 15 26 21 31 32 57 60
Depreciation 22 24 24 27 29 26 24 22 24 25 35 41
Exceptional Income / Expenses -0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 85 71 70 80 13 59 39 50 96 159 204 211
Provision for Tax 22 15 12 19 4 15 10 12 26 38 50 58
Profit After Tax 63 56 58 61 10 44 29 38 70 121 154 154
Adjustments -0 -0 -0 0 0 0 0 0 0 0 0 8
Profit After Adjustments 63 56 57 62 10 44 29 38 70 121 154 160
Adjusted Earnings Per Share 7.7 6.5 6.6 7.1 1.1 5.1 3.3 4.4 8.1 12.8 16.2 16.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 16% 12% 18% 5%
Operating Profit CAGR 41% 44% 23% 9%
PAT CAGR 27% 59% 28% 9%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 39% 63% 57% 25%
ROE Average 15% 14% 11% 12%
ROCE Average 19% 18% 15% 16%

Astra Microwave Prod Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 292 399 450 501 500 540 559 586 643 966 1098
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 33 56 67 14 5 0 0 3 3 15 39
Other Non-Current Liabilities 14 16 4 5 8 7 1 53 82 47 57
Total Current Liabilities 157 81 143 171 107 369 393 337 360 538 783
Total Liabilities 495 551 664 691 620 916 953 979 1088 1567 1979
Fixed Assets 142 137 150 194 178 161 153 160 167 170 229
Other Non-Current Assets 2 4 65 18 41 49 30 46 47 58 53
Total Current Assets 351 410 449 478 401 706 770 773 874 1334 1691
Total Assets 495 551 664 691 620 916 953 979 1088 1567 1979

Astra Microwave Prod Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 25 3 65 2 21 10 9 7 17 38 45
Cash Flow from Operating Activities -5 59 14 179 1 -7 -25 115 -25 -182 -90
Cash Flow from Investing Activities -28 -18 -123 -94 85 -30 -1 -26 -28 -44 -76
Cash Flow from Financing Activities 11 21 46 -65 -98 37 34 -79 75 232 141
Net Cash Inflow / Outflow -22 62 -63 20 -12 -1 8 10 21 7 -25
Closing Cash & Cash Equivalent 3 65 2 21 10 9 18 17 38 45 20

Astra Microwave Prod Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 7.67 6.5 6.62 7.11 1.13 5.08 3.33 4.37 8.06 12.75 16.17
CEPS(Rs) 10.37 9.28 9.48 10.22 4.46 8.06 6.05 6.92 10.79 15.38 19.86
DPS(Rs) 1.2 1.2 1 1.2 0.25 1.2 1.2 1.4 1.6 2 2.2
Book NAV/Share(Rs) 35.66 46.1 51.95 57.85 57.68 62.36 64.51 67.61 74.2 101.76 115.7
Core EBITDA Margin(%) 17.99 23.08 24.55 31.03 11.03 19 12.44 11.94 18.16 21.13 25.04
EBIT Margin(%) 15.52 19.53 20.23 25.86 8.93 15.82 10.02 9.55 15.56 20.99 24.85
Pre Tax Margin(%) 13.17 16.3 16.6 21.8 4.55 12.66 6.01 6.69 11.77 17.5 19.38
PAT Margin (%) 9.76 12.91 13.71 16.7 3.33 9.43 4.5 5.05 8.56 13.32 14.6
Cash Profit Margin (%) 13.18 18.41 19.54 24.19 13.17 14.94 8.17 7.98 11.46 16.07 17.94
ROA(%) 11.84 10.77 9.48 9.02 1.49 5.74 3.09 3.92 6.76 9.12 8.66
ROE(%) 23.55 16.31 13.56 12.85 1.95 8.47 5.25 6.62 11.37 15.05 14.87
ROCE(%) 29.12 20 16.08 15.98 4.71 13.24 10.03 10.72 17.1 18.78 19.18
Receivable days 68.98 120.86 172.49 204.5 237.88 172.45 146.98 114.76 109.37 158.4 224.19
Inventory Days 94.08 123.53 109.49 118.09 153.56 165.35 174.6 182.13 187.62 187.48 196.27
Payable days 129.02 98.11 56.57 40.04 44.19 58.97 40.46 32.23 35.63 43.34 50.74
PER(x) 19.23 16.28 16.81 10.78 87.21 10.23 38.9 51.36 27.86 46.72 41.71
Price/Book(x) 4.14 2.29 2.14 1.33 1.7 0.83 2.01 3.32 3.03 5.85 5.83
Dividend Yield(%) 0.81 1.13 0.9 1.57 0.25 2.31 0.93 0.62 0.71 0.34 0.33
EV/Net Sales(x) 2 2.14 2.82 2.01 2.86 0.98 1.87 2.58 2.48 6.34 6.4
EV/Core EBITDA(x) 10.41 8.22 10.04 5.98 14.77 4.52 13.26 20.2 13.16 28.29 23.45
Net Sales Growth(%) 19.28 -33.89 -6.93 -7.08 -18.97 59.19 37.17 17.09 8.67 11.44 15.66
EBIT Growth(%) 22.58 -14.62 -0.37 11.37 -72.29 181.82 -13.12 11.6 77.13 50.28 36.95
PAT Growth(%) 23.48 -10.2 2.14 6.11 -84.02 351.15 -34.49 31.26 84.39 73.37 26.8
EPS Growth(%) 23.45 -15.31 1.94 7.38 -84.15 351.15 -34.49 31.26 84.39 58.16 26.8
Debt/Equity(x) 0.32 0.17 0.31 0.19 0.03 0.11 0.22 0.12 0.29 0.25 0.38
Current Ratio(x) 2.24 5.09 3.15 2.8 3.75 1.91 1.96 2.29 2.43 2.48 2.16
Quick Ratio(x) 1.14 3.57 2.24 2.18 2.44 1.14 1.12 1.05 1.26 1.52 1.37
Interest Cover(x) 6.59 6.05 5.57 6.36 2.04 5.01 2.5 3.34 4.1 6.01 4.54
Total Debt/Mcap(x) 0.08 0.08 0.14 0.14 0.02 0.13 0.11 0.04 0.1 0.04 0.07

Astra Microwave Prod Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 6.54 6.54 6.54 6.54 6.54 6.54 6.54 6.54 6.54 6.54
FII 2.94 3.17 4.67 5.69 5.19 5.3 6.46 6.47 6.27 7.56
DII 14.79 13.59 13.57 14.99 15.36 15.31 14.37 14.55 14.76 15.42
Public 75.73 76.7 75.23 72.79 72.91 72.86 72.63 72.45 72.44 70.48
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Astra Microwave Prod News

Astra Microwave Prod Pros & Cons

Pros

  • Company has delivered good profit growth of 28% CAGR over last 5 years
  • Company is almost debt free.

Cons

  • Promoter holding is low: 6.54%.
  • Company has a low return on equity of 14% over the last 3 years.
  • Debtor days have increased from 43.34 to 50.74days.
  • Stock is trading at 8.9 times its book value.
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