Astra Microwave Products Future Growth

Future criteria checks 3/6

Astra Microwave Products is forecast to grow earnings and revenue by 16% and 20.6% per annum respectively while EPS is expected to grow by 15.9% per annum.

Key information

16.0%

Earnings growth rate

15.9%

EPS growth rate

Communications earnings growth	34.2%
Revenue growth rate	20.6%
Future return on equity	n/a
Analyst coverage	Low
Last updated	26 Aug 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

BSE:532493 - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	13,325	1,750	N/A	N/A	2
3/31/2025	10,940	1,350	N/A	N/A	1
6/30/2024	9,303	1,350	N/A	N/A	N/A
3/31/2024	9,088	1,211	-2,290	-1,815	N/A
12/31/2023	8,133	802	N/A	N/A	N/A
9/30/2023	8,026	645	-116	262	N/A
6/30/2023	7,872	550	N/A	N/A	N/A
3/31/2023	8,155	698	-594	-255	N/A
12/31/2022	7,983	672	N/A	N/A	N/A
9/30/2022	7,803	509	-220	100	N/A
6/30/2022	7,855	338	N/A	N/A	N/A
3/31/2022	7,522	379	867	1,147	N/A
12/31/2021	7,677	540	N/A	N/A	N/A
9/30/2021	7,466	529	368	437	N/A
6/30/2021	6,742	426	N/A	N/A	N/A
3/31/2021	6,464	289	-283	-246	N/A
12/31/2020	5,643	121	N/A	N/A	N/A
9/30/2020	5,341	244	-1,474	-1,361	N/A
6/30/2020	5,373	513	N/A	N/A	N/A
3/31/2020	4,677	440	-267	-73	N/A
12/31/2019	4,212	417	N/A	N/A	N/A
9/30/2019	3,464	210	-158	55	N/A
6/30/2019	2,814	-56	N/A	N/A	N/A
3/31/2019	3,043	98	-147	15	N/A
3/31/2018	3,628	611	N/A	1,788	N/A
3/31/2017	3,898	576	N/A	144	N/A
3/31/2016	4,207	563	N/A	586	N/A
3/31/2015	6,358	628	N/A	-51	N/A
3/31/2014	5,325	508	N/A	-257	N/A
12/31/2013	4,574	516	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 532493's forecast earnings growth (16% per year) is above the savings rate (6.7%).

Earnings vs Market: 532493's earnings (16% per year) are forecast to grow slower than the Indian market (18.1% per year).

High Growth Earnings: 532493's earnings are forecast to grow, but not significantly.

Revenue vs Market: 532493's revenue (20.6% per year) is forecast to grow faster than the Indian market (10.2% per year).

High Growth Revenue: 532493's revenue (20.6% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if 532493's Return on Equity is forecast to be high in 3 years time

Astra Microwave Products Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 14%

Price target increased by 23% to ₹787

Consensus EPS estimates increase by 18%

Price target increased by 16% to ₹425

Price target increased to ₹290

Astra Microwave Products Limited Provides Sales Guidance for the Fiscal Fourth Quarter of 2022

Recent updates

New minor risk - Dividend sustainability

Upcoming dividend of ₹2.00 per share

Full year 2024 earnings: EPS and revenues exceed analyst expectations

Astra Microwave Products Limited to Report Q1, 2025 Results on Aug 13, 2024

Dividend increased to ₹2.00

Astra Microwave Products Limited, Annual General Meeting, Aug 30, 2024

Joint MD & Executive Director recently bought ₹2.1m worth of stock

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 17%

Consensus EPS estimates increase by 14%

Price target increased by 23% to ₹787

Full year 2024 earnings released: EPS: ₹12.86 (vs ₹8.06 in FY 2023)

Astra Microwave Products Limited Recommends Dividend for the Financial Year 2023-24

Astra Microwave Products Limited to Report Q4, 2024 Results on May 24, 2024

Investor sentiment improves as stock rises 17%

Consensus EPS estimates increase by 18%

Investor sentiment deteriorates as stock falls 15%

Insider recently sold ₹6.5m worth of stock

Third quarter 2024 earnings released: EPS: ₹4.57 (vs ₹3.20 in 3Q 2023)

Second quarter 2024 earnings released: EPS: ₹3.16 (vs ₹2.37 in 2Q 2023)

Upcoming dividend of ₹1.60 per share at 0.5% yield

Astra Microwave Products Limited to Report Q1, 2024 Results on Aug 14, 2023

Full year 2023 earnings released: EPS: ₹8.06 (vs ₹4.37 in FY 2022)

Astra Microwave Products Limited, Annual General Meeting, Aug 30, 2023

Price target increased by 16% to ₹425

Now 22% undervalued

Astra Microwave Products Limited Recommends Dividend for the Financial Year 2022-23

Astra Microwave Products Limited to Report Q4, 2023 Results on May 26, 2023

Investor sentiment improves as stock rises 15%

Third quarter 2023 earnings released: EPS: ₹3.20 (vs ₹1.32 in 3Q 2022)

Astra Microwave Products Limited to Report Q3, 2023 Results on Feb 10, 2023

Astra Microwave Products Limited Announces Resignation of Sunil Kumar Sharma as Non-Executive- Independent Director

Key Executive recently sold ₹3.4m worth of stock

Insufficient new directors

Second quarter 2023 earnings released: EPS: ₹2.37 (vs ₹0.39 in 2Q 2022)

Astra Microwave Products Limited to Report Q2, 2023 Results on Nov 09, 2022

Key Executive recently sold ₹34m worth of stock

Astra Microwave Products Limited Declares Dividend

Upcoming dividend of ₹1.40 per share

Astra Microwave Products Limited to Report Q1, 2023 Results on Aug 12, 2022

Insufficient new directors

Full year 2022 earnings released: EPS: ₹4.37 (vs ₹3.33 in FY 2021)

Astra Microwave Products Limited, Annual General Meeting, Aug 22, 2022

Investor sentiment improved over the past week

Insufficient new directors

Full year 2022 earnings released: EPS: ₹4.37 (vs ₹3.33 in FY 2021)

Astra Microwave Products Limited Recommends Final Dividend for the Year Ended March 31, 2022

Astra Microwave Products Limited to Report Q4, 2022 Results on May 25, 2022

Investor sentiment deteriorated over the past week

Price target increased to ₹290

Investor sentiment improved over the past week

Astra Microwave Products Limited Provides Sales Guidance for the Fiscal Fourth Quarter of 2022

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Astra Microwave Products Limited Announces CFO Changes

Astra Microwave Products Limited to Report Q3, 2022 Results on Feb 14, 2022

Investor sentiment deteriorated over the past week

High number of new directors

Second quarter 2022 earnings released: EPS ₹0.39 (vs ₹0.80 loss in 2Q 2021)

Investor sentiment improved over the past week

Insider recently sold ₹28m worth of stock

Investor sentiment improved over the past week

Upcoming dividend of ₹1.20 per share

Full year 2021 earnings released: EPS ₹3.33 (vs ₹5.09 in FY 2020)

Insider recently sold ₹8.0m worth of stock

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹3.33 (vs ₹5.09 in FY 2020)

Astra Microwave Products Limited Recommends Dividend for the Financial Year 2020-2021

Insider recently sold ₹984k worth of stock

Insider recently sold ₹15m worth of stock