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Astra Microwave Products : Q4 2024 Financial Quarterly Report : YoY Sales Up 37.54 %, QoQ Up 53.42 %

May 25, 2024May 25, 2024| adminadmin| 0 Comments| 3:55 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 37.54 % in the past year, substantial increase in net sales/revenue by 53.42 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 186 %. Marginal decrease of -23.12% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Astra Microwave Products Ltd.. Notable increase of 307.62 % in net profit Year to Year, Astra Microwave Products Ltd.’s profitability increased by 19.86 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 271.33 % Year to Year. EPS increased by 19.86 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Astra Microwave Products Ltd.”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 256.345 Cr Rs. 229.814 Cr Rs. 352.576 Cr + 53.42 % + 37.54 %
Expenses Rs. 225.16 Cr Rs. 163.03 Cr Rs. 272.08 Cr + 66.89 % + 20.84 %
Operating Profit Rs. 31.19 Cr Rs. 66.78 Cr Rs. 80.5 Cr + 20.55 % + 158.1 %
OPM % 12.17 % 29.06 % 22.83 % -6.23 % + 10.66 %
Other Income Rs. 1 Cr Rs. 3.72 Cr Rs. 2.86 Cr -23.12 % + 186 %
Interest Rs. 9.2 Cr Rs. 7.78 Cr Rs. 9.18 Cr + 17.99 % -0.22 %
Depreciation Rs. 6.17 Cr Rs. 6.52 Cr Rs. 6.3 Cr -3.37 % + 2.11 %
Profit before tax Rs. 16.82 Cr Rs. 56.2 Cr Rs. 67.88 Cr + 20.78 % + 303.57 %
Tax % 26.47 % 25.19 % 25.76 % + 0.57 % -0.71 %
Net Profit Rs. 12.36 Cr Rs. 42.04 Cr Rs. 50.39 Cr + 19.86 % + 307.69 %
EPS in Rs Rs. 1.43 Rs. 4.43 Rs. 5.31 + 19.86 % + 271.33 %


Today, we’re looking at Astra Microwave Products Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 37.54 %. However, it did see a marginal increase of 53.42 % from the previous quarter. Expenses ticked up slightly by 66.89 % quarter-on-quarter, aligning with the annual rise of 20.84 %. Operating profit, while up 158.1 % compared to last year, faced a quarter-on-quarter increase of 20.55 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 10.66 %, but a shrinkage of -6.23 % sequentially. Other income fell by -23.12 % compared to the last quarter, despite an annual growth of 186 %. Interest expenses surged remarkably by 17.99 % from the previous quarter, yet the year-over-year decrease remains at a moderate -0.22 %. Depreciation costs fell by -3.37 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.11 %. Profit before tax grew annually by 303.57 % but saw an increase from the preceding quarter by 20.78 %.
Tax expenses as a percentage of profits decreased slightly by -0.71 % compared to last year, with a more notable quarter-on-quarter increase of 0.57 %. Net profit rose by 307.69 % year-on-year but experienced a 19.86 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 271.33 % but a quarterly rise of 19.86 %. In summary, Astra Microwave Products Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 256.345 Cr Rs. 229.814 Cr Rs. 352.576 Cr + 53.42 % + 37.54 %
Expenses Rs. 225.16 Cr Rs. 163.03 Cr Rs. 272.08 Cr + 66.89 % + 20.84 %
Operating Profit Rs. 31.19 Cr Rs. 66.78 Cr Rs. 80.5 Cr + 20.55 % + 158.1 %
Net Profit Rs. 12.36 Cr Rs. 42.04 Cr Rs. 50.39 Cr + 19.86 % + 307.69 %
EPS in Rs Rs. 1.43 Rs. 4.43 Rs. 5.31 + 19.86 % + 271.33 %


In reviewing Astra Microwave Products Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 37.54 % year-on-year growth, however, there was a minor increase of 53.42 % from the previous quarter. Expenses rose by 20.84 % compared to the previous year, with a 66.89 % increase quarter-on-quarter. Operating Profit surged by 158.1 % annually, and saw a 20.55 % increase from the last quarter.
Net Profit showed yearly increase of 307.69 %, and experienced a 19.86 % increase from the previous quarter. Earnings Per Share (EPS) rose by 271.33 % annually, however rose by 19.86 % compared to the last quarter. In essence, while Astra Microwave Products Ltd. exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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