Astra Microwave Products Ltd.

NSE: ASTRAMICRO | BSE: 532493 | ISIN: INE386C01029 | Industry: Aerospace & Defence
| Expensive Star
1095.4000 -8.75 (-0.79%)
NSE May 30, 2025 15:31 PM
Volume: 616.2K
 

1095.40
-0.79%
ICICI Securities Limited
Astra Microwave Products’ (AMW) has reported subdued Q1FY24 earnings as performance was mainly impacted by higher proportion of export sales and low margin domestic sales. Key points: 1) Export sales was 60% (vs 40% in Q1FY23) of overall; 2) EBITDA declined 86.7% YoY to INR 31mn as normalised cost could not be mitigated by low margin execution; 3) management expects order inflow of INR 10bn in FY24 and orderbook as on Jun’23 end was INR 15.8bn (export - ~19% and domestic - ~81%).
Astra Microwave Products Ltd. has gained 77.71% in the last 3 Months
More from Astra Microwave Products Ltd.
Recommended