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.
| 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.
