What is CAGR? What does CAGR table indicate for Astra Microwave Products Ltd?

Compounded average growth rate (CAGR) measures the average annual growth rate compounded year-on-year over a period of time.

Astra Microwave Products Ltd Stock Analysis

Small Cap

Evaluated by 1420 users | BSE: 532493 | NSE: ASTRAMICRO |
Telecommunication - Equipment

Astra Microwave Products (AMPL) was founded in the year 1991. It is engaged in designing and manufacturing of radio frequency (RF) and microwave super components and sub-systems that are used in areas of defence, space and civil communication systems.Presently companyâ€™s products are...

10 Year X-Ray

Standalone basis Standalone basis P Consolidated basis P

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

What is a Financial Track Record? How to read this chart in order to understand the data present here?

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Astra Microwave Products Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20
Return on Capital Employed	13.17%	18.19%	17.08%	24.69%	21.64%	15.2%	13.61%	11.44%	2.54%	9.18%

Growth Parameters	Growth Parameters Colour Code Guide

Net Sales (Rs. Cr.)	161	204	227	531	634	420	391	357	286	462
Y-o-Y Gr. Rt.	-	26.4%	11.6%	133.5%	19.4%	-33.9%	-6.9%	-8.6%	-19.8%	61.3%
Adjusted EPS (Rs.)	2.25	3.87	4.35	7.27	7.77	6.31	7.04	6.6	0.62	4.78
Y-o-Y Gr. Rt.	-	72%	12.4%	67.1%	6.9%	-18.8%	11.6%	-6.3%	-90.6%	671%
Book Value per Share (Rs.)	17.69	20.94	24.55	29.49	35.44	45.91	52.06	57.92	58.07	63.14
Adjusted Net Profit	18.4	31.7	35.6	59.5	63.6	54.6	60.9	57.2	5.4	41.4
Net Op. Cash Flow (Rs. Cr.)	29.5	8.3	114	-29	-2	59.6	21.4	174	1.6	-27
Debt to Cash Flow from Ops	1.15	7.18	0.41	-2.1	-44.87	1.13	6.13	0.54	9.03	-1.93

Difference between Standalone Basis and Consolidated basis? Which method is preferred for Astra Microwave Products Ltd. ?

Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.

Astra Microwave Products Ltd. should be analysed on a Standalone basis

CAGR CAGR Colour Code Guide

	9 yrs	5 yrs	3 yrs	1 yr
Net Sales	12.4%	-6.2%	5.7%	61.3%
Adjusted EPS	8.7%	-9.3%	-12.1%	671%
Book Value per Share	15.2	12.2	6.6	8.7
Share Price	13.4%	1.7%	9.1%	94.6%

Key Financial Parameter	Performance Ratio Colour Code Guide

	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20
Return on Equity (%)	13.46	20.06	19.14	26.92	23.92	15.88	14.36	12.01	1.07	7.89
Operating Profit Margin (%)	26.17	29.84	28.32	19.04	18.19	23.99	27.36	31.54	11.74	19.47
Net Profit Margin (%)	11.43	15.56	15.66	11.2	10.02	13.02	15.61	16.03	1.88	8.98
Debt to Equity	0.23	0.35	0.23	0.25	0.31	0.17	0.29	0.19	0.03	0.1
Working Capital Days	326	291	334	210	194	265	320	378	450	392
Cash Conversion Cycle	174	105	-17	-25	48	166	243	299	365	284

Management X-Ray

Shareholding Pattern

Entity	Percentage Holding
Promoters	8.98%
Institutions	5.99%
Non-Institutions	85.03%

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

FAQs

1. Is Astra Microwave Products Ltd a good quality company?

MoneyWorks4Me analysed the past 10-year performance of Astra Microwave Products Ltd and arrived at the following conclusion:

Past 10 year's financial track record indicates that Astra Microwave Products Ltd is a average quality company. However, for specific investment actions please connect with your investment advisor.

2. Is current market price of Astra Microwave Products Ltd a good price to buy it?

The 5-year analysis of Astra Microwave Products Ltd's performance infers:

Astra Microwave Products Ltd earnings have declined by -9.3%, whereas share price has appreciated 1.7% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

3. What is Astra Microwave Products Ltd share price return in the past 10 years ?

We analysed the performance of Astra Microwave Products Ltd share prices over the last 10 years. Here is what we found out:

Astra Microwave Products Ltd share price has appreciated 13.9% annually over the past ten years.

About Company

Presently companyâ€™s products are used in VSAT operations, radars, navigational equipment, public mobile trunk radio (PMTR), WLL, cellular GSM/DCS or PCS networks.

They are widely used by corporates, public institutions,

Presently companyâ€™s products are used in VSAT operations, radars, navigational equipment, public mobile trunk radio (PMTR), WLL, cellular GSM/DCS or PCS networks.

They are widely used by corporates, public institutions, telecommunication companies, commercial enterprises and defence laboratories of the Government of India.

Astra Microwave Products has received ISO 9001 certification by INTERTEK, USA.

Products

Defence Components- The company manufactures wide range of radar electronics, electronic warfare and telemetry. It manufactures products such as TR modules, dual switch amplifier, S-Band 1W Transmitter, digital receiver, threshold detector, etc.

Space- It manufactures on-board components such as T/R modules, 8x8 switch matrix, SPST switches, power amplifiers and power dividers.

Antennas- It manufactures a wide range of antennas namely Yagi, GRID Paraboloid, Patch panel, Whip, Blade, Horn, Dipole, etc.

Telecom- The company has designed wide varieties of repeater systems that are compatible with cellular standards -- GSM, CDMA, DCS, PCS, WCDMA-3G. These repeaters help extend the coverage of base station as well as reducing the cost network deployment.

It also manufactures meteorological products, security products, ferrite products, filters, RF hardware and VHF and UHF products.

Outlook

The company has been awarded an order of Rs 25.5 crore from Indian meteorological department to supply, install and commission remote unmanned automatic weather stations in 550 locations. This will enable receipt of live data via satellite to the Met department's central servers on a 24X7 basis.

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