Astra Microwave Products Ltd
Astra Microwave Products Ltd (ASTRAMICRO)

Astra Microwave Products Ltd (ASTRAMICRO)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return33.15 %
3 Month Return25.7 %
1 Year Return74.45 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 10
Rank 6
Rank 4
Dividend Yield
Rank 4
Rank 7
Price To Book Ratio
Rank 7
Debt To Asset
Rank 15

Company Information

Astra Microwave Products Ltd is engaged in designing and manufacturing of high value added RF and microwave super components and subsystems finding applications in Defence Space and Civil communication systems. The company has been able to carve a niche for themselves and build strong relationship with their customers by getting associated with them right at the conception stage of new product development.The compnay products are widely used in VSAT operations radars navigational equipment public mobile trunk radio PMTR WLL Cellular GSM/DCS or PCS networks. Their products meet ITU MIL and Space standards and stand testimony to the Companys RD breakthroughs using ISO quality processes world class manufacturing facilities and equipment and trained manpower. The phenomenal success can be directly linked to the fact that the company operates in a customer centric manner supplying innovative costeffective solutions of superior quality with zero defects in the shortest possible time.The company was incorporated in the year 1991 by a team of senior professionals and eminent scientist. They have revolutionizd the realm of microwave technology with a range of innovative products. Their manufacturing facilities are located at Bollarum and Rangareddy in Andhra Pradesh. The company was converted into a public limited company on April 1993. During the year 200203 the company has commissioned a stateofart MMIC facility at Hardware Technology Park in Hyderabad. The company has expanded the production and RD facilities with an ivestment of Rs 10 crore during the year 200304. Also they further invested Rs 25 crore for expannsion during the financial year 200405. This expansion involves addition of Testing and Environmental equipment and construction of additional space at the factories.During the year 200607 the company has acquired majority stake in Komoline Electronics Pvt Ltd Ahmedabad. Thus the company became a subsidiary company. In February 2008 the company has entered into a nonexclusive Memorandum of Understanding with Raytheon Company USA to identify and explore technologies and products. The company may able to manufacture and to explore possible participation with Raytheon in any resulting offset support for supply of Medium MultiRole Combat Aircraft to the Indian Ministry of Defence.In March 2008 the company has received an order for Rs 21.6 crores for design development testing installation and commissioning of Transmit Receive Modules TRMs and MET Towers from ISRO Telemetry Tracking and Command Network ISTRAC Bangalore which has to be completed in the next 12 months period. In July 2008 the Board has approved the merger of Astra Microelectrionic Technologies Ltd with the company. In August 2008 the company has received an order for Rs 25.5 crores from Indian Meteorological Department for supply installation and commissioning of remote unmanned automatic weather stations in 550 locations across India.
OrganisationAstra Microwave Products Ltd
IndustryTelecomm Equipment & Infra Services