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Astra Microwave Products Share Price

Astra Microwave Products Share Price

  • 21.03.2025 10:29
  • economictimes.indiatimes.com
  • Keywords: Astra Microwave Products Ltd.

Astra Microwave's share price is at ₹706.70, up 2.7%. Key metrics include a PE ratio of 49.91 and market cap of ₹6,717 crore. The company has outperformed peers in ROE and leadership focuses on innovation.

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Estimated market influence

Astra Microwave Products Ltd.

Positivesentiment_satisfied
Analyst rating: N/A

The company's share price has shown positive trends over the past week and month, indicating a strong market performance. Additionally, their ROE and EBITDA margins are above average, reflecting efficient operations and profitability.

Context

Astra Microwave Products Ltd. Analysis

Share Price Performance

  • NSE: 706.70 (2.70% increase)
  • BSE: 709.90 (3.09% increase)
  • Volume: NSE - 3,44,162; BSE - 31,383
  • Last Updated: 21 Mar, 2025, 10:29 AM IST

Key Metrics

  • PE Ratio: 49.91
  • EPS (TTM): ₹14.16
  • Market Cap: ₹6,717.36 Crore
  • Sector Rank: 7 in Defence sector
  • PB Ratio: 6.76
  • Div Yield: 0.28%

Financial Insights

  • ROE: 12.53% (outperforms 5-year average of 9.16%)
  • Employee Cost: 12.51% of operating revenues
  • Interest Expense: 3.45% of operating revenues
  • Net Profit After Tax: ₹39.87 Crore
  • Total Income: ₹260.80 Crore

Shareholding Pattern (Dec 2024)

  • Promoters: 6.54%
  • FII: 5.19%
  • DII: 15.36%
  • Mutual Funds: 10.79%
  • Others: 72.91%

Corporate Actions

  • Dividend: Final dividend of ₹2 per share declared on August 23, 2024.
  • Meetings: Board meetings and AGM scheduled throughout the year for quarterly results.

Peer Comparison

  • Stock Returns vs Nifty Midcap 100: 225.22% vs 76.99%.
  • Stock Returns vs BSE Capital Goods: 225.22% vs 124.22%.
  • Key Peers: HAL, BEL, Mazagon Dock Ship, Bharat Dynamics.

Market Implications

  • Strong Performance: Astra Microwave has outperformed sectoral indices over the past three years.
  • Growth Potential: Positive analyst recommendations (1 Strong Buy, 2 Buys) indicate confidence in future performance.
  • Competitive Positioning: The company’s market cap and ROE suggest a strong position in the defence sector.

Long-Term Effects

  • Regulatory Impact: Defence sector growth is influenced by government spending and policy changes.
  • Industry Trends: Increasing demand for microwave components in defence systems could drive long-term revenue growth.

Leadership Team

  • Avinash Chander: Chairman & Independent Director
  • S Gurunatha Reddy: Managing Director
  • M Venkateshwar Reddy: Joint Managing Director
  • P A Chitrakar: Non Executive Director
  • Suresh Kumar Somani: Non Executive Director

Historical Performance

  • 52W H/L: ₹1,059.00 / ₹530.00
  • VWAP: ₹702.09
  • BV/Share: ₹101.76
  • MCap/Sales: 6.22

Conclusion

Astra Microwave Products Ltd. demonstrates strong financial performance and growth potential, supported by a competitive market position in the defence sector. Its ability to outperform peers and maintain positive analyst sentiment highlights its strategic advantages in the industry.