Astra Microwave Products Ltd. News and Updates

Name: Latest research reports of Astra Microwave Products Ltd. authored by Geojit BNP Paribas and published by - Trendlyne research reports.
Item: Astra Microwave Products Ltd.
Rating: 5
Author: Geojit BNP Paribas

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Astra Microwave Products Ltd.

19 Jun 2018

976.60

-1.68%

ASTRA MICRO

Buy: Astra Microwave Products Ltd.

Geojit Research

Given execution of better margin domestic orders, we factor EBITDA margin in the range of 28% vs. 22% (last 5 year average) over FY18-FY20E. To benefit from improvement in demand for radars and subsystems due to ongoing indigenous missiles programmes. Further, company's focus in new projects will drive future growth. However, we lower our earnings estimates for FY19E by 12% to factor in delay in certain orders during FY18. Considering the earnings downgrade, we lower our valuation to P/E 13x...

ICICI Direct decreased Buy price target of Astra Microwave Products Ltd. to 1300.0 on 14 Nov, 2025.

Astra Microwave Products Ltd.

31 May 2018

976.60

-1.68%

Astra Microwave Products Ltd: Q4FY18 Margins in-line with Gu...

Hold: Astra Microwave Products Ltd.

Target

Karvy

Q4FY18 Margins in-line with Guidance: Astra Microwave Product (Astra) revenue grew by 6% in Q4FY18 to Rs. 1692 mn and earnings dropped by 24% to Rs. 297 mn largely on account of product mix.

ICICI Direct decreased Buy price target of Astra Microwave Products Ltd. to 1300.0 on 14 Nov, 2025.

Astra Microwave Products Ltd.

15 Jan 2018

976.60

-1.68%

Today's Pick (Tamil): Astra Microwave Products

Business Line

Astra Microwave Products Ltd. is trading above its 200 day SMA of 935.8

Astra Microwave Products (123.5)

Business Line | 15 Jan 2018 1 more

Astra Microwave Products Ltd.

01 Nov 2017

976.60

-1.68%

Astra Microwave Products Ltd: Slow Execution Drives Down H1F... (Nov 01, 2017)

Hold: Astra Microwave Products Ltd.

Target

Karvy

Guidance Revised Partially for FY18E: Astra management maintained FY18E full year guidance for Order book and Revenue at ~ Rs.6,000mn and ~ Rs.4,500mn respectively. However, PAT guidance has been substantially revised to Rs.450-540mn from earlier Rs.600-650mn.

Astra Microwave Products Ltd. is trading above its 200 day SMA of 935.8

Astra Microwave Products Ltd.

02 May 2017

976.60

-1.68%

Astra Microwave Products Ltd: Astra Delivers on Guidance; Re... (May 02, 2017)

Hold: Astra Microwave Products Ltd.

Target

Karvy

Astra Delivers on Guidance; Revises FY18E Guidance: Astras revenue (net) and PAT for FY17 reached to Rs.4,243mn and Rs.566mn which are in-line with guided revenue and PAT of Rs.4,200mn and Rs.570mnrespectively, these are higher than our estimates by 2.0% on revenue front and 130bps on PAT margin for FY17.

Astra Microwave Products Ltd. is trading below its 30 day SMA of 1052.7

Astra Microwave Products Ltd.

31 Jan 2017

976.60

-1.68%

Astra Microwave Products Ltd: Revenues Lower During 9MFY17; ... (Jan 31, 2017)

Hold: Astra Microwave Products Ltd.

Recommendation Target

Karvy

Revenues Lower During 9MFY17; Order Book Build-up Cushions VisibilityManagement revises full year guidance: Astra Microwave Products (Astra) management has revised the full year revenue and PAT guidance for FY17E to Rs.4,006mn and Rs.570-600mn respectively and the same for FY18E has beenrevised to Rs.4,800mn and Rs.700mn respectively. At the beginning of Q3FY17 revenue and PAT guidance for FY17E were at Rs.4,500mn and Rs.650mn and for FY18E the same were at Rs.5,500mn and Rs.800mn respectively.

Astra Microwave Prod.. has an average target of 1089.33 from 3 brokers.

Astra Microwave Products Ltd.

01 Nov 2016

976.60

-1.68%

Astra Microwave Products (2QFY17): Improved performance; long term story intact. Maintain BUY

Buy: Astra Microwave Products Ltd.

Target

HDFC Securities

Astras 2QFY17 results were above our estimates as it reported strong EBITDA margins of 31.9% ( 310 bps YoY). Higher contribution of domestic orders and clearance of deferred deliveries (of 1QFY17) led to the strong margins in the quarter.

Astra Microwave Products Ltd. has gained 28.96% in the last 1 Year

Astra Microwave Products Ltd.

01 Nov 2016

976.60

-1.68%

Astra Microwave Products Ltd: H2FY17E Likely to be Robust; Order Book Offers Vis... (Nov 01, 2016)

Buy: Astra Microwave Products Ltd.

Target

Karvy

H2FY17E likely to be robust: Astra Microwave Products (ASTM) management continues to maintain its full year guidance with a negative bias for the targeted revenue and PAT of Rs.4,500mn and Rs.650mn respectively. For the half-year ending, revenue, EBITDA and PAT reach to Rs.1,472mn, Rs.314mn and Rs.137mn which are lower by 28.3%, 27.9% and 40.7% respectively on YoY basis. During Q2FY17, revenue, EBITDA and PAT reach to Rs.906mn, Rs.289mn and Rs.161mn which are again lower by 14.6%, 4.8% and 11.0% on YoY basis.

Astra Microwave Products Ltd. is trading above its 200 day SMA of 935.8

Astra Microwave Products Ltd.

03 Aug 2016

976.60

-1.68%

Buy Astra Microwave Products Ltd., target Rs 180 : Edelweiss Financial Services

Economic Times

Buy Astra Microwave Products Ltd. at a price target of Rs 180.0 and a stop loss at Rs $stopLossL from entry point

ICICI Direct decreased Buy price target of Astra Microwave Products Ltd. to 1300.0 on 14 Nov, 2025.

Astra Microwave Products Ltd.

01 Aug 2016

976.60

-1.68%

Astra Microwave Products (1QFY17): Bad quarter, no worry. Maintain BUY

Buy: Astra Microwave Products Ltd.

Target

HDFC Securities

Arguably, Astras 1QFY17 was disappointing. While revenues at Rs 566mn fell to a 12-quarter low, profitability took a hit owing to a combination of higher fixed costs (employee and other operating expenses) and a sharp decline in sales. As a result, AMP reported a net loss of Rs 23mn.

Astra Microwave Products Ltd. is trading above its 200 day SMA of 935.8

Is Astra Microwave Products Ltd. worth buying?

167 Votes:

Buy 79.04%

Sell 12.57%

Hold 8.38%

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