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This Article is From Sep 18, 2024

Astra Microwave Products - Key Player In Radars, Sub-Systems: Motilal Oswal

Astra Microwave Products - Key Player In Radars, Sub-Systems: Motilal Oswal
Astra Microwave Products' R&D facility. (Source: Company website

NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

At the current price of Rs 910, Astra Micorwave Products Ltd. is trading at 76 times price/earning and 44.9 times enterprise value/Ebitda on FY24 financials.

Astra Micorwave Products expects to capitalize on strong growth prospects in the defense sector by-

  1. moving up the value chain from manufacturing sub-systems for OEM customers to manufacturing complete systems,

  2. entering into collaborations and JVs for complex projects,

  3. providing comprehensive solutions to clients,

  4. diversifying revenue mix,

  5. increasing the share of higher-margin domestic orders vs. exports, and

  6. maintaining a strong balance sheet.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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