Why is Astra Microwave Products Ltd ?
1
High Management Efficiency with a high ROCE of 15.29%
2
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.52 times
3
Healthy long term growth as Operating profit has grown by an annual rate 66.71%
4
Positive results in Dec 25
- ROCE(HY) Highest at 19.18%
- OPERATING PROFIT TO INTEREST(Q) Highest at 6.34 times
- CASH AND CASH EQUIVALENTS(HY) Highest at Rs 182.30 cr
5
Stock is technically in a Bullish range
- The technical trend has improved from Mildly Bullish on 20-May-26 and has generated 7.29% returns since then
- Multiple factors for the stock are Bullish like MACD, Bollinger Band, KST, DOW and OBV
6
High Institutional Holdings at 21.02%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
How much should you buy?
- Overall Portfolio exposure to Astra Microwave should be less than 10%
- Overall Portfolio exposure to Aerospace & Defense should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Aerospace & Defense)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Astra Microwave for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Astra Microwave
47.89%
0.35
39.92%
Sensex
-4.95%
-0.49
12.94%
Quality key factors
Factor
Value
Sales Growth (5y)
12.65%
EBIT Growth (5y)
40.14%
EBIT to Interest (avg)
4.38
Debt to EBITDA (avg)
1.08
Net Debt to Equity (avg)
0.03
Sales to Capital Employed (avg)
0.88
Tax Ratio
25.99%
Dividend Payout Ratio
13.61%
Pledged Shares
0
Institutional Holding
21.02%
ROCE (avg)
15.88%
ROE (avg)
11.70%
Valuation Key Factors 
Factor
Value
P/E Ratio
82
Industry P/E
43
Price to Book Value
12.07
EV to EBIT
54.85
EV to EBITDA
47.66
EV to Capital Employed
11.79
EV to Sales
13.68
PEG Ratio
3.20
Dividend Yield
0.13%
ROCE (Latest)
21.49%
ROE (Latest)
14.68%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Bullish
Bullish
OBV
Mildly Bullish
Bullish
Technical Movement
27What is working for the Company
ROCE(HY)
Highest at 19.74%
OPERATING PROFIT TO INTEREST(Q)
Highest at 11.22 times
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 252.85 cr
DEBT-EQUITY RATIO(HY)
Lowest at 0.22 times
NET SALES(Q)
Highest at Rs 488.24 cr
PBDIT(Q)
Highest at Rs 162.43 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 33.27%
PBT LESS OI(Q)
Highest at Rs 134.05 cr.
PAT(Q)
Highest at Rs 105.98 cr.
EPS(Q)
Highest at Rs 11.16
-2What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Astra Microwave
Net Sales - Quarterly
At Rs 488.24 cr has Grown at 80.4% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 270.61 CrMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 134.05 cr has Grown at 173.1% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 49.09 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 105.98 cr has Grown at 164.2% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 40.12 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Operating Profit to Interest - Quarterly
Highest at 11.22 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Net Sales - Quarterly
Highest at Rs 488.24 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 162.43 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 33.27%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 134.05 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 105.98 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 11.16
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Cash and Cash Equivalents - Half Yearly
Highest at Rs 252.85 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio - Half Yearly
Lowest at 0.22 times
in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio