back to top
HomeSHARE MARKETMultibagger Defence Stock: 385.58 Crore New Order; Total Order Book Of Rs...

Multibagger Defence Stock: 385.58 Crore New Order; Total Order Book Of Rs 1813 Crore

Hot Stocks Alert Join

Astra Microwave Products Ltd (NSE: ASTRA MICRO): Today, in this post we’ll discuss about Astra Microwave Products latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding.

We hope our analysis will provide you better insight about the company.

During last trading session in the stock market, shares of Astra Microwave Products rose rapidly and investors showed good interest in this stock and this stock gained 13 percent. However, the closing of this stock was slightly lower.

Multibagger defence stock Astra Microwave Products, engaged in the business of design, development, and manufacturing of sub-systems, jumped 13 percent in intraday trading after receiving a work order worth Rs 385.58 crore from Bharat Electronics Limited.

However, shares of Astra Microwave Products closed at Rs 597.00 with a gain of 9.70 percent.

Astra Microwave Products has a market capitalization of Rs 57.38 cr. Astra Microwave Products Limited has given multibagger returns of 178 percent to its investors in the last year.

Astra Microwave Products Limited has received an order worth Rs 385.58 crore from Bharat Electronics Limited for the supply of the MPR sub-system. This order is to be completed within 36 months.

Astra Microwave Products Limited designs, develops and manufactures subsystems of radio frequency and microwave systems used in aerospace, defence, meteorology, telecommunications, and space.

Astra Microwave Products Limited has a healthy order book of Rs 1813 crore. Its business-wise order breakup is as follows, defence/public 70 percent, space 11 percent, meteorology 4 percent, and exports 15 percent.

The revenue division shows that the company earns 72.2 percent of its revenue from defence, space 6.1 percent, meteorology 0.7 percent, exports 20.3 percent, and others 0.7 percent.

It has a large clientele, including reputed companies like HAL and Larsen & Toubro. Other clients include ISRO, Bharat Dynamic, Bharat Electrics, BrahMos, and others. This company generates good revenue annually from this client list.

If we look at the company’s finances, it shows that its revenue from operations increased by 5 percent.

Revenue was Rs 220 crore in Q3FY23 which increased to Rs 231 crore in Q3FY24. During the same period, the profit also increased and increased from Rs 28 crore to Rs 43 crore.

About Astra Microwave Products 

Astra Microwave Products Limited creates, designs, and manufactures sub-systems for microwave and radio frequency systems in meteorology, defence, space, and telecommunications.

The main focus of the company is to produce, manufacture and assemble, repair, maintain trade, import or export purchase, and sell all types of electronic equipment and components such as 

filters power dividers, circulators, directional couplers power combiners, isolators sources, antennae, voltage-controlled oscillators as well as terminations and loads, subsystems and systems, as well as extremely high-frequency (VHF) and ultra-high frequency (UHF) and microwave bands that are suitable for a variety of applications. 

Its services comprise Radar Sub-systems and Systems Space ground and  Missile Electronics and onboard Sub-systems and Sub-systems. 

It has a variety of microwave equipment, such as filters that include transmitters, receivers, filters, and antennas.

Fundamental Analysis of Astra Microwave Products Ltd

Market Cap₹ 5,660 Cr.
Current Price₹ 596
52-wk High₹ 694
52-wk Low222
Stock P/E70.6
Book Value₹ 91.6
Dividend0.27%
ROCE17.1%
ROE11.4%
Face Value₹ 2.00
P/B Value6.51
OPM17.7 %
EPS₹ 8.58
Debt₹ 68.3 Cr.
Debt to Equity0.08

Astra Microwave Products Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹700₹748
2025₹750₹765
2026₹780₹795
2027₹800₹842
2028₹850₹865
2029₹868₹870
2030₹900₹912
Hot Stocks Alert Join

Astra Microwave Products Shareholding Pattern

Promoters Holding
Dec 20228.27%
Mar 20237.17%
June 20236.54%
Sept 20236.54%
Dec  20236.54%
FII Holding
Dec 20222.32%
Mar 20232.32%
June 20233.03%
Sept 20231.73%
Dec  20232.94%
DII Holding
Dec 20220.07%
Mar 20230.07%
June 20239.86%
Sept 202315.26%
Dec  202314.79%
Hot Stocks Alert Join
Public Holding
Dec 202289.34%
Mar 202390.44%
June 202380.58%
Sept 202376.47%
Dec  202375.74%

Astra Microwave Products Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 293 Cr
2020₹ 467 Cr
2021₹ 641 Cr
2022₹ 750 Cr
2023₹ 813 Cr

Last 5 Years’ Net Profit:

2019₹ 10 Cr
2020₹ 44 Cr
2021₹ 29 Cr
2022₹ 38 Cr
2023₹ 80 Cr
Hot Stocks Alert Join

Last 5 Years’ Debt-To-Equity Ratio:

20190.01
20200.1
20210.22
20220.12
20230.29

Last 10 Years’ Profit Growth:

10 Years:6%
5 Years:4%
3 Years:18%
Current Year:19%

Last 10 years’ Return on Equity (ROE):

10 Years:10%
5 Years:7%
3 Years:8%
Last Year:11%

Sales Growth Over 10 Years:

10 Years:14%
5 Years:18%
3 Years:20%
Current Year:2%

Conclusion

This article is a complete guide about Astra Microwave Products Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.

If you have any further queries, please comment below. We will be happy to answer all your questions. 

If you like this information, share the article with as many people as possible.

Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

BEST FOR YOU

LEAVE A REPLY

Please enter your comment!
Please enter your name here