Astra Microwave Share Price Target 2025: This article is going to mainly focus on Astra Microwave Share Price Target 2024, 2025, 2026, 2028, 2030, 2040 to 2050. Along with this, we will also discuss the company’s Fundamental, sentiment, Income Report, Share Price history, and Quarterly Report. Our analysis will help investors in taking the right decision.
About Astra Microwave
Astra Microwave Products Limited (AMPL) is a leading company founded in 1991 by a team of eminent scientists specializing in RF, microwave and digital electronics. The company is renowned for delivering advanced technological solutions in the defense, space, homeland security, meteorology and systems integration sectors.
With AS 9100D certification, AMPL operates state-of-the-art manufacturing facilities in Hyderabad and a radar integration and test facility in Bangalore. The company excels in designing and manufacturing critical RF devices such as multifunction core chips, high power amplifiers and low noise amplifiers (LNA). Its contributions include the Uttam AESA Radar (AAAU) developed for the Indian defense, demonstrating in-house engineering capabilities.
AMPL also offers state-of-the-art radar EW systems for testing and evaluation in complex multi-threat environments, integrated with mobility solutions for cross-country transport. Additionally, it has contributed to the development of telemetry systems and optical tracking systems to enhance the operational capabilities of defense and space applications.
In line with the “Make in India” campaign of the Government of India, Astra Microwave has been a constant innovator in supporting India’s Defence and Space sectors for over three decades, pushing technological boundaries to address critical challenges with excellence.
Astra Microwave Fundamental
Astra Microwave is a private company providing advanced technological solutions in defense sectors.. It is a small market cap company with ₹7039 crore. The company is listed on both NSE and BSE with the code ASTRAMICRO and 532493 respectively. The company has a reserve and surplus of Rs 949.20 crore, which shows the company’s strong position to fight adverse conditions.
Astra Microwave’s total revenue for FY24 was Rs 920.51 crore and net profit was Rs 121.07 crore, registering a growth of 12.12% and 73.38% respectively. The company has a return on equity (ROE) of 13.30% and return on capital employed (ROCE) of 18.8%, which indicates good efficiency in generating returns for shareholders and effective use of capital. The company has a debt to equity ratio of 0.31, which indicates its financial stability.
Also Read: Then don’t say that I didn’t tell you, buy Waaree Energies shares right now.
The company’s P/E ratio of 54 is higher than the industry average (42.22), indicating premium valuation and a P/B ratio of 7.18 indicating high valuation relative to its book value. The company is paying a dividend of 0.27% to its shareholders. Although this dividend is small, it reflects the company’s intention to reward shareholders. Its earning per share is ₹ 13.73 which shows its stable earning.
| Description | Value |
|---|---|
| Company Name | Astra Microwave Products Ltd. |
| Sector | Defence |
| Established | 1991 |
| Website | astramwp.com |
| Listing At | BSE, NSE |
| BSE Code | 532493 |
| NSE Code | ASTRAMICRO |
| Mkt Cap | ₹7039Cr |
| Reserves and Surplus | ₹949.20 Cr |
| ROE | 13.30% |
| ROCE | 18.8% |
| 52 Week High | ₹1059 |
| 52 Week Low | ₹510.10 |
| P/E Ratio (TTM) | 54 |
| Industry P/E | 42.22 |
| P/B Ratio | 7.18 |
| Face Value | 2 |
| Book Value Per Share | ₹103.28 |
| EPS (TTM) | ₹13.73 |
| Dividend Yield | 0.27% |
| Debt to Equity | 0.31 |
| Total Revenue | ₹920.51Cr |
| Revenue Growth | 12.12% |
| Net Profit (Anual) | ₹121.07Cr |
| Profit Growth | 73.38% |
Returns in Past Year
| Year | Returns (%) |
|---|---|
| 2023 | 111.10% |
| 2022 | 21.99% |
| 2021 | 87.81% |
| 2020 | 50.24% |
| 2019 | 6.75% |
| 2018 | -31.74% |
| 2017 | 3.88% |
| 2016 | -20.17% |
| 2015 | 16.40% |
| 2014 | 95.85% |
| 2013 | 48.58% |
| 2012 | 17.54% |
| 2011 | -24.09% |
| 2010 | -4.19% |
Also Read: Tata Gold Price Target, money printing machine for small investors.
Astra Microwave Share Price Target 2023
The current sentiment of Astra Microwave is showing sell. the Astra Microwave share price target 2023 is going to be between Rs 270 to Rs 620.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2023 | ₹270 | ₹620 |
Astra Microwave Share Price Target 2024
The current sentiment of Astra Microwave is showing bearish. the Astra Microwave share price target 2024 is going to be between Rs 600 to Rs 980.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2024 | ₹600 | ₹980 |
Astra Microwave Price Target 2025
According to market experts, the Astra Microwave share price target 2025 is going to be between Rs 850 to Rs 1280.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹850 | ₹1280 |
Astra Microwave Share Price Target 2026
According to market experts, the price target of Astra Microwave for 2026 is going to be between Rs 1200 to Rs 1530.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2026 | ₹1200 | ₹1530 |
Also Read: Venus Pipes Share Price Target 2023 to 2050
Astra Microwave Share Price Target 2028
According to market experts, the price target of Astra Microwave for 2028 is going to be between Rs 1760 to Rs 2200.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2028 | ₹1760 | ₹2200 |
Astra Microwave Share Price Target 2030
According to market experts, Astra Microwave Share Price Target 2030 is going to be between Rs 2300 to Rs 2800.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2030 | ₹2300 | ₹2800 |
Astra Microwave Share Price Target 2040
According to the past trend of the company, Astra Microwave Share Price Target 2040 is going to be between Rs 500 to Rs 6200.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2040 | ₹5000 | ₹6200 |
Also Read: Adani Power price target, share will increase 10 times.
Astra Microwave Share Price Target 2050
According to the past trend of the company, Astra Microwave Share Price Target 2050 is going to be between Rs 11000 to Rs 11900.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2050 | ₹11000 | ₹11900 |
Strengths
- The company is using shareholder funds effectively, which is increasing the ROE.
- The technical indicator MACD has crossed above the signal line.
- The company’s net profit margin has increased from 4.50% (FY 21) to 13.32% (FY 24) in the last 4 years.
- Total revenue increased from ₹651.77 crore in FY 21 to ₹920.51 crore in FY 24.
- In the last one year, the company has grown revenue and profit by 12.12% and 73.38% respectively.
- The company’s low debt-to-equity ratio (0.31) reduces financial risk and ensures flexibility in capital allocation.
- The company operates in the high-growth defense sector with promising prospects due to the government’s increasing focus on indigenous defense manufacturing.
Risks
- The company is generating poor cash from its core business, leading to declining cash flow.
- The P/E ratio (54) is well above the industry average, indicating that the stock is expensive.
- The company is not able to generate net cash, leading to declining net cash flow.
- Retail investors hold 72.79% of the shares, which can cause volatility in stock prices.
- As a defense sector company, Astra Microwave is dependent on government contracts and policies, making it vulnerable to regulatory or budgetary changes.
- Promoters hold a very low stake of 6.54% in the company.
- The company is paying a dividend yield of 0.27% to its investors, which is very low and may not attract income-focused investors.
- There are significant differences between quarterly operating and net profit margins, potentially indicating dependence on project-based revenues.
Sentiment
The current sentiment of Astra Microwave is showing strong bearish. It is trading below 8 out of 8 Moving Averages and also trading below 6 out of 9 Oscillators in bearish zone.
Technical Indicator
According to Investing.com, 0 out of 9 technical indicators are giving buy signal, 8 are giving sell and 1 are giving neutral signal.
| Action | Indicator |
|---|---|
| Buy | 0 |
| Hold | 1 |
| Sell | 8 |
Astra Microwave Share Price History
Astra Microwave Product was listed on the Indian Stock Exchange on 1 November 2004 at around Rs 27, in the next 10 months the company’s stock rose by a bumper 587% to reach Rs 192 but in the next one month the company’s stock fell by 38%, with a lot of fluctuations the company’s stock kept falling till April 2013.
From 2014 its stock once again gained momentum and this momentum continued till July 2014, for the next 3 years the company’s stock kept trading at Rs 110 to Rs 155. From 2018 to March 2020 the company reached Rs 56 per share.
The company’s stock reached Rs 965 by June 2024 with a growth of 1622% from April 2020. In the last 5 and 1 year, the company has given a return of 719% and 34.75% respectively, whereas in the last 6 months and 1 month it has given a negative return of 2.40% and 2.21% respectively.
Also Read: Tata Steel price target, trust of more than 100 years old company.
Astra Microwave Quarterly Report
| Description | Sep 24 | Jun 24 | Mar 24 | Dec 23 |
| Revenue + | ₹231.11Cr. | ₹156.19Cr. | ₹355.44Cr. | ₹233.53Cr. |
| Expenses + | ₹198.45Cr | ₹148.98Cr. | ₹287.55Cr. | ₹177.33Cr. |
| EBITDA | ₹51.17Cr | ₹25.49Cr. | ₹83.36Cr. | ₹70.50Cr. |
| EBIT | ₹45.06Cr | ₹17.37Cr. | ₹77.06Cr. | ₹63.98Cr. |
| Net Profit | ₹24.45 Cr | ₹5.23Cr. | ₹50.39Cr. | ₹42.04Cr. |
| Operating Profit Margin | 22.36% | 16.56% | 23.64% | 30.68% |
| Net Profit Margin | 10.68% | 3.40% | 14.29% | 18.29% |
| Earning Per Share | ₹2.58 | ₹0.55 | ₹5.31 | ₹4.43 |
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 |
Astra Microwave Income Report
| Description | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|
| Total Revenue | ₹920.51Cr | ₹820.98Cr | ₹756.84Cr | ₹651.77Cr |
| Total Expenses | ₹773.52Cr | ₹722.07Cr | ₹704.38Cr | ₹610.39Cr |
| Profit/Loss | ₹121.07Cr | ₹69.83Cr | ₹37.87Cr | ₹28.85Cr |
| Net Profit Margin | 13.32% | 8.56% | 5.05% | 4.50% |
| Earning Per Share | 12.86₹ | ₹8.06 | ₹4.37 | ₹3.33 |
| Dividends Per share | 2.00 | 1.60 | 1.40 | 1.20 |
Astra Microwave Share Price Target 2024, 2025, 2026, 2028, 2030, 2040 to 2050
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2023 | ₹270 | ₹620 |
| 2024 | ₹600 | ₹980 |
| 2025 | ₹850 | ₹1280 |
| 2026 | ₹1200 | ₹1530 |
| 2028 | ₹1760 | ₹2200 |
| 2030 | ₹2300 | ₹2800 |
| 2040 | ₹5000 | ₹6200 |
| 2050 | ₹11000 | ₹11900 |
Also Read: SW Solar price target, guarantee boom in solar sector.
Astra Microwave Shareholding Pattern
| Shareholder | Share % |
|---|---|
| Promoter | 6.54% |
| Other Domestic Institutions | 4.56% |
| Retail and Others | 72.79% |
| Foreign Institutions | 5.69% |
| Mutual Funds | 10.42% |
| Total | 100.00% |
How to Buy Astra Microwave Shares?
Buying and selling of Astra Microwave can be done by a stock broker registered with SEBI. Here are the names of some popular brokers.
- Zerodha
- groww
- Angel One
- upstox
Similar Stocks
| Company Name | Mkt Cap | Profit (1Year) | 52W L | 52W H |
|---|---|---|---|---|
| Godrej Properties | ₹81.35KCr. | 92.24% | ₹1495.30 | ₹3402.70 |
| Phoenix Mills | ₹60.10 KCr. | 96.89% | ₹1652.10 | ₹4137 |
| Prestige Estates Projects | ₹68.92 KCr. | 207.18% | ₹543 | ₹2074.80 |
| Oberoi Realty | ₹6502 KCr | 65.99% | ₹1051.10 | ₹1953.05 |
| Arkade Developers | ₹2470 Cr | -18.02% | ₹119 | ₹128 |
| Macrotech Developers | ₹1.24 LCr. | 78.29% | ₹641.05 | ₹1649.95 |
| IRB INFRA | ₹3032 Cr | 43.49% | ₹34.75 | ₹78.15 |
Astra Microwave Share Price Target: Export Opinion
Profitable Stocks
| Stocks | Mkt cap | Profit (1Year) | 52W L | 52W H |
|---|---|---|---|---|
| Adani ports | ₹3.11 LCr | 94.78% | ₹703.00 | ₹1,457.05 |
| Adani Enterprises | ₹3.89 LCr | 40.35% | ₹2142.00 | ₹3457.85 |
| Suzlon Energy | ₹90.75 KCr | 85.69% | ₹33.90 | ₹86.04 |
| Tata Power Company | ₹1.44 LCr | 101.76% | ₹215.70 | ₹464.20 |
| Adani Power | ₹2.92 LCr | 192.93% | ₹231.00 | ₹797.00 |
| Havells India | ₹1.20 LCr | 41.69% | ₹1232.85 | ₹1950.05 |
| Tata Motors | ₹3.57 LCr | 72.86% | ₹557.70 | ₹1065.60 |
| Tata Power | ₹1.44 LCr | 75.52% | ₹230.80 | ₹494.85 |
Conclusion
Astra Microwave Products Limited has strong fundamentals and growth potential, and the government is pushing for indigenous defence manufacturing. The company has been delivering positive returns to its investors over the years and its profitability metrics are also promising. However, its high valuation and sectoral risks should not be ignored. Long-term investors should do their due diligence before investing in Astra Microwave.
Disclaimer– Please note that all the information given here is for general information purpose only and not for investment purposes. Therefore, before investing in any share, take advice from a certified market expert. If you invest, you will be responsible for your profits and losses.
Also Read:
Then don’t say that I didn’t tell you, buy Waaree Energies shares right now.
Tata Gold Price Target, money printing machine for small investors.
Adani Power price target, share will increase 10 times.
Tata Steel price target, trust of more than 100 years old company.
SW Solar price target, guarantee boom in solar sector.
Tata Power share price target, guaranteed returns.
Yatra Online shares will make you rich, 100% guarantee.
Den Networks Share Price Target 2024, to 2050
Venus Pipes Share Price Target 2023 to 2050
Q1. What is the Astra Microwave share price target 2025?
Ans: 2025 price target of Astra Microwave will be between Rs.850 to Rs.1280.
Q2. What is the Astra Microwave share price target 2030?
Ans: Astra Microwave will trade between Rs 2300 and Rs 2800 in 2030.
Q3. What is the Astra Microwave share price target 2024?
Ans: 2024 price target of Astra Microwave will be between Rs.600 to Rs.980.
Q4. What is the Astra Microwave share price target 2040?
Ans: 2040 price target of Astra Microwave will be between Rs.5000 to Rs.6200.
Q5. What is the Astra Microwave share price target 2050?
Ans: 2050 price target of Astra Microwave will be between Rs.11000 to Rs.11900.
Q6. What is the Astra Microwave share price target 2023?
Ans: 2023 price target of Astra Microwave will be between Rs.270 to Rs.620.