ASTRA MICROWAVE PRODUCTS LTD. - 532493 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
We are sending herewith Conference call transcript held with analysts on 11th November, 2022. This information is also uploaded on the website of the Company www.astramwp.com. ASTRA MICROWAVE PRODUCTS LTD. - 532493 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulation 30 & 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we hereby inform that the audio recording of the Company's Results conference call held today to discuss the financial results for the second quarter and half year ended September 30, 2022 is available on the Company's website. The link to access the said audio recording is: https://website.astramwp.com/admin/assets/uploads/reports/3212CRI0920221109143999.mp3 Q2FY23 Quarterly Result Announced for Astra Microwave Products Ltd.
Astra Microwave Products announced Q2FY23 results: Q2FY23 (Standalone): The revenue stood at Rs 170.9 crore for Q2FY23 as against Rs 176.8 crore for Q2FY22; a degrowth of 3.4% YoY Gross margins almost doubled from 20.6% in Q2FY22 to 40.4% in Q2FY23. This shift is largely on account of lower exports EBITDA saw a multifold increase from Rs 10.6 crore in Q2FY22 to Rs 40.5 crore in Q2FY23 with margins improving from 6% to 24% The company reported Profit after Tax of Rs 22.6 crore in Q2FY23 as against Rs 2.9 crore in Q2FY22 with margins going up to 13% from 2% Geographical spread of total revenue stands as follows: India – 72% and Exports – 28% H1FY23 (Standalone): The revenue stood at Rs 332.1 crore for H1FY23 as against Rs 297.0 crore for H1FY22; a growth of 12% YoY. Gross profit increased by 51% to Rs 125.7 crore in H1FY23 vs Rs 83.3 crore in H1FY22 H1FY23 EBITDA of Rs 65.4 crore was more than double of H1FY22 EBITDA of Rs 31.7 crore; margins moved up to 20% in H1FY23 vs 11% in H1FY22 The company reported Profit after Tax of Rs 34.0 crore in H1FY23 as against Rs 12.6 crore in H1FY22 with margins soaring to 10% from 4%. Geographical spread of total revenue stands as follows: India – 77% and Exports – 33% Commenting on the performance Mr. S G Reddy, Managing Director, Astra Microwave Products Limited said, “I am happy to inform you that we have reported good performance in Q2FY23 and H1FY23 and our margins have improved substantially. Improvement in margins is largely due to larger domestic sales as compared to previous period and also change in change in mix of products sold during the period. We expect larger share of domestic sales as compared to exports in the coming years. Over the next 5 to 6 years, the business outlook is strong and we see an opportunity of close to Rs.15,000 to Rs. 18,000 crores of orders to come in the area of our domain expertise. Self-reliance in defence has been the foundation of India’s new defence production policy. Atmanirbhar Bharat Abhiyan has created growth horizons for the Indian defence companies. We will continue our focus on Build To Specification (BTS) opportunities for both domestic as well as global customers. We believe that with a higher focus on BTS, we can sustain our healthy margins.” Result PDF ASTRA MICROWAVE PRODUCTS LTD. - 532493 - Announcement under Regulation 30 (LODR)-Investor Presentation
With reference to the above stated subject, please find enclosed herewith the Press Release and Investor Presentation on Q2FY23 Standalone Results. ASTRA MICROWAVE PRODUCTS LTD. - 532493 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
With reference to the above stated subject, please find enclosed herewith the Press Release and Investor Presentation on Q2FY23 Standalone Results. ASTRA MICROWAVE PRODUCTS LTD. - 532493 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to the provisions of Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed copy of newspaper publications of the un-audited financial results of the company for the second quarter and half year ended 30th September, 2022 published in 'Business Standard' (English) and 'Nava Telangana' (Telugu) on 10th November, 2022. The above information is also made available on the Company's website www.astramwp.com.
ASTRA MICROWAVE PRODUCTS LTD. - 532493 - Outcome Of Board Meeting - Submission Of Standalone And Consolidated Un-Audited Financial Results For The Second Quarter And Half Year Ended 30Th September, 2022 Under Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
We are sending herewith a copy of standalone and consolidated un-audited financial results along with Limited review report of our company for the second quarter and half year ended 30th September, 2022 under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The said Results has been approved and taken on record in the Meeting of Board of Directors of the company held today i.e. 9th November, 2022. ASTRA MICROWAVE PRODUCTS LTD. - 532493 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 read with Part A of Schedule Ill and Regulation 46(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please note that Company has scheduled the operational and financial performance for Q2 & H1 FY23 con call with analysts on 11th November, 2022 at 3.30 p.m IST. ASTRA MICROWAVE PRODUCTS LTD. - 532493 - Board Meeting Intimation for Board Meeting To Be Held On November 9, 2022 To Consider And Approve The Standalone And Consolidated Un-Audited Financial Results For The Second Quarter And Half Year Ended September 30, 2022
ASTRA MICROWAVE PRODUCTS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/11/2022 ,inter alia, to consider and approve We hereby inform you that, the Company's Board of Directors meeting will be held on November 9, 2022, inter-alia to consider and approve standalone and consolidated un-audited financial results for the second quarter and half year ended September 30, 2022. As notified by the Company vide letter dated September 27, 2022, pursuant to the Company's code to regulate, monitor and report trading by Insiders, the Trading window close period for dealing in the securities of the company for all the Designated Persons and their relatives of the Company has commenced from October 01, 2022 and will end on November 11, 2022.