Astra Microwave Products Limited
Astra Microwave Products Limited designs, develops, manufactures, and sells sub-systems for radio frequency and microwave systems used in defense, space, meteorology, civil, and telecommunication applications in India. It offers radar electronics, including active antenna array units, transmit receive (T/R) modules, wideband T/R modules, solid state power amplifiers, receivers, exciters, central … Read more
Astra Microwave Products Limited (ASTRAMICRO) - Net Assets
Latest net assets as of September 2025: ₹11.63 Billion INR
Based on the latest financial reports, Astra Microwave Products Limited (ASTRAMICRO) has net assets worth ₹11.63 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹17.66 Billion) and total liabilities (₹6.04 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹11.63 Billion |
| % of Total Assets | 65.82% |
| Annual Growth Rate | 18.55% |
| 5-Year Change | 96.61% |
| 10-Year Change | 175.1% |
| Growth Volatility | 19.53 |
Astra Microwave Products Limited - Net Assets Trend (2005–2025)
This chart illustrates how Astra Microwave Products Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Astra Microwave Products Limited (2005–2025)
The table below shows the annual net assets of Astra Microwave Products Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹10.98 Billion | +13.69% |
| 2024-03-31 | ₹9.66 Billion | +50.35% |
| 2023-03-31 | ₹6.43 Billion | +9.74% |
| 2022-03-31 | ₹5.86 Billion | +4.81% |
| 2021-03-31 | ₹5.59 Billion | +3.43% |
| 2020-03-31 | ₹5.40 Billion | +8.12% |
| 2019-03-31 | ₹5.00 Billion | -0.29% |
| 2018-03-31 | ₹5.01 Billion | +10.56% |
| 2017-03-31 | ₹4.53 Billion | +13.49% |
| 2016-03-31 | ₹3.99 Billion | +36.83% |
| 2015-03-31 | ₹2.92 Billion | +20.99% |
| 2014-03-31 | ₹2.41 Billion | +20.06% |
| 2013-03-31 | ₹2.01 Billion | +17.27% |
| 2012-03-31 | ₹1.71 Billion | +17.23% |
| 2011-03-31 | ₹1.46 Billion | +11.99% |
| 2010-03-31 | ₹1.30 Billion | +4.31% |
| 2009-03-31 | ₹1.25 Billion | +11.23% |
| 2008-03-31 | ₹1.12 Billion | +22.71% |
| 2007-03-31 | ₹916.52 Million | +34.12% |
| 2006-03-31 | ₹683.35 Million | +86.93% |
| 2005-03-31 | ₹365.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Astra Microwave Products Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 718632900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹7.19 Billion | 65.42% |
| Common Stock | ₹189.89 Million | 1.73% |
| Other Comprehensive Income | ₹757.63 Million | 6.90% |
| Other Components | ₹2.85 Billion | 25.95% |
| Total Equity | ₹10.98 Billion | 100.00% |
Astra Microwave Products Limited Competitors by Market Cap
The table below lists competitors of Astra Microwave Products Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Transportadora de Gas del Norte SA Class C
BA:TGNO4
|
$810.45 Million |
|
LG Household & Healthcare Ltd Pref
KO:051905
|
$810.60 Million |
|
Daktronics Inc
NASDAQ:DAKT
|
$810.63 Million |
|
SENSIRION HOLDING
F:1Q3
|
$810.77 Million |
|
PTT OIL+RET.BUS.-NVDR- 10
F:7F80
|
$809.94 Million |
|
HBL ENGINEERING LTD
NSE:HBLENGINE
|
$809.87 Million |
|
Business First Bancshares Inc
NASDAQ:BFST
|
$809.73 Million |
|
Genomma Lab Internacional S.A.B. de C.V
PINK:GNMLF
|
$808.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Astra Microwave Products Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,661,878,000 to 10,984,727,000, a change of 1,322,849,000 (13.7%).
- Net income of 1,535,088,000 contributed positively to equity growth.
- Dividend payments of 190,647,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,328,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹1.54 Billion | +13.97% |
| Dividends Paid | ₹190.65 Million | -1.74% |
| Other Comprehensive Income | ₹1.33 Million | +0.01% |
| Other Changes | ₹-22.92 Million | -0.21% |
| Total Change | ₹- | 13.69% |
Book Value vs Market Value Analysis
This analysis compares Astra Microwave Products Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.34x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 210.19x to 8.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹4.59 | ₹964.45 | x |
| 2006-03-31 | ₹8.57 | ₹964.45 | x |
| 2007-03-31 | ₹11.43 | ₹964.45 | x |
| 2008-03-31 | ₹13.94 | ₹964.45 | x |
| 2009-03-31 | ₹15.43 | ₹964.45 | x |
| 2010-03-31 | ₹16.03 | ₹964.45 | x |
| 2011-03-31 | ₹17.83 | ₹964.45 | x |
| 2012-03-31 | ₹20.94 | ₹964.45 | x |
| 2013-03-31 | ₹24.55 | ₹964.45 | x |
| 2014-03-31 | ₹29.48 | ₹964.45 | x |
| 2015-03-31 | ₹35.66 | ₹964.45 | x |
| 2016-03-31 | ₹47.98 | ₹964.45 | x |
| 2017-03-31 | ₹52.32 | ₹964.45 | x |
| 2018-03-31 | ₹57.85 | ₹964.45 | x |
| 2019-03-31 | ₹57.68 | ₹964.45 | x |
| 2020-03-31 | ₹62.36 | ₹964.45 | x |
| 2021-03-31 | ₹64.51 | ₹964.45 | x |
| 2022-03-31 | ₹67.61 | ₹964.45 | x |
| 2023-03-31 | ₹74.20 | ₹964.45 | x |
| 2024-03-31 | ₹102.60 | ₹964.45 | x |
| 2025-03-31 | ₹115.70 | ₹964.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Astra Microwave Products Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.97%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.60%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.69x
- Recent ROE (13.97%) is below the historical average (17.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 46.26% | 25.92% | 0.80x | 2.23x | ₹132.56 Million |
| 2006 | 53.61% | 36.62% | 0.63x | 2.31x | ₹298.01 Million |
| 2007 | 29.81% | 26.86% | 0.55x | 2.03x | ₹181.56 Million |
| 2008 | 18.05% | 16.61% | 0.53x | 2.06x | ₹90.49 Million |
| 2009 | 12.53% | 13.81% | 0.51x | 1.79x | ₹31.66 Million |
| 2010 | 6.16% | 7.67% | 0.40x | 2.02x | ₹-49.98 Million |
| 2011 | 12.75% | 11.78% | 0.59x | 1.85x | ₹40.18 Million |
| 2012 | 19.38% | 16.88% | 0.64x | 1.79x | ₹160.71 Million |
| 2013 | 18.51% | 16.32% | 0.46x | 2.48x | ₹170.97 Million |
| 2014 | 21.08% | 9.55% | 0.94x | 2.34x | ₹267.18 Million |
| 2015 | 21.51% | 9.87% | 1.29x | 1.69x | ₹335.76 Million |
| 2016 | 14.09% | 13.37% | 0.76x | 1.38x | ₹163.32 Million |
| 2017 | 12.70% | 14.77% | 0.59x | 1.45x | ₹122.58 Million |
| 2018 | 12.19% | 16.84% | 0.54x | 1.35x | ₹109.86 Million |
| 2019 | 1.95% | 3.21% | 0.49x | 1.23x | ₹-401.94 Million |
| 2020 | 8.15% | 9.42% | 0.52x | 1.66x | ₹-99.74 Million |
| 2021 | 5.16% | 4.46% | 0.68x | 1.69x | ₹-270.19 Million |
| 2022 | 6.47% | 5.03% | 0.78x | 1.65x | ₹-206.88 Million |
| 2023 | 10.87% | 8.56% | 0.77x | 1.64x | ₹55.67 Million |
| 2024 | 12.53% | 13.32% | 0.62x | 1.53x | ₹244.48 Million |
| 2025 | 13.97% | 14.60% | 0.57x | 1.69x | ₹436.62 Million |
Industry Comparison
This section compares Astra Microwave Products Limited's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $6,052,247,699
- Average return on equity (ROE) among peers: -4.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Astra Microwave Products Limited (ASTRAMICRO) | ₹11.63 Billion | 46.26% | 0.52x | $810.40 Million |
| Aksh Optifibre Limited (AKSHOPTFBR) | $3.75 Billion | 5.77% | 0.55x | $6.30 Million |
| Avantel Limited (AVANTEL) | $662.40 Million | 23.15% | 0.31x | $222.42 Million |
| Birla Cable Limited (BIRLACABLE) | $1.87 Billion | 11.65% | 0.85x | $16.37 Million |
| D-Link (India) Limited (DLINKINDIA) | $1.86 Billion | 6.84% | 0.67x | $60.68 Million |
| GTL Infrastructure Limited (GTLINFRA) | $29.00 Billion | -13.04% | 4.52x | $148.08 Million |
| HFCL Limited (HFCL) | $-533.93 Million | 0.00% | 0.00x | $966.03 Million |
| ITI Limited (ITI) | $16.47 Billion | -26.04% | 2.32x | $298.19 Million |
| KAVDEFENCE (KAVDEFENCE) | $868.37 Million | 7.38% | 0.42x | $14.58 Million |
| Kavveri Telecom Products Limited (KAVVERITEL) | $532.58 Million | -59.18% | 11.08x | $9.13 Million |