ASTRA MICRO has announced its results for the year ended March 2018. Let us have a look at the detailed performance review of the company during FY17-18.
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 3,898 | 3,622 | -7.1% |
Other income | Rs m | 60 | 85 | 40.3% |
Total Revenues | Rs m | 3,958 | 3,707 | -6.4% |
Gross profit | Rs m | 995 | 1,109 | 11.5% |
Depreciation | Rs m | 245 | 274 | 11.9% |
Interest | Rs m | 112 | 122 | 8.6% |
Profit before tax | Rs m | 698 | 797 | 14.3% |
Tax | Rs m | 122 | 187 | 53.1% |
Profit after tax | Rs m | 576 | 611 | 6.1% |
Gross profit margin | % | 25.5 | 30.6 | |
Effective tax rate | % | 17.5 | 23.4 | |
Net profit margin | % | 14.5 | 16.5 |
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | % Change | |
---|---|---|---|---|
Networth | Rs m | 4,500 | 5,010 | 11.4 |
Current Liabilities | Rs m | 1,282 | 1,553 | 21.2 |
Long-term Debt | Rs m | 673 | 143 | -78.8 |
Total Liabilities | Rs m | 6,492 | 6,760 | 4.1 |
Current assets | Rs m | 4,346 | 4,631 | 6.6 |
Fixed Assets | Rs m | 1,869 | 1,952 | 4.4 |
Total Assets | Rs m | 6,492 | 6,760 | 4.1 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-17 | Mar-18 | ||
Cash Flow from Operating Activities | Rs m | 144 | 1,788 | 1,142.7% |
Cash Flow from Investing Activities | Rs m | -1,234 | -944 | - |
Cash Flow from Financing Activities | Rs m | 459 | -648 | - |
Net Cash Flow | Rs m | -631 | 197 | - |
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 45.0 | 41.8 |
TTM Earnings per share | Rs | 6.6 | 7.1 |
Diluted earnings per share | Rs | 7.0 | 7.5 |
Price to Cash Flow | x | 8.7 | 7.6 |
TTM P/E ratio | x | 14.4 | 13.6 |
Price / Book Value ratio | x | 2.3 | 1.9 |
Market Cap | Rs m | 7,128 | 6,735 |
Dividends per share (Unadj.) | Rs | 1.0 | 1.2 |
Current Ratio: The company's current ratio improved and stood at 3.0x during FY18, from 3.4x during FY17. The current ratio measures the company's ability to pay short-term and long-term obligations.
Interest Coverage Ratio: The company's interest coverage ratio deteriorated and stood at 7.5x during FY18, from 7.2x during FY17. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.
Return on Equity (ROE): The ROE for the company declined and down at 12.2% during FY18, from 12.8% during FY18. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.
Return on Capital Employed (ROCE): The ROCE for the company improved and stood at 17.8% during FY18, from 15.7% during FY17. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.
Return on Assets (ROA): The ROA of the company improved and stood at 10.8% during FY18, from 10.6% during FY17. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | |
---|---|---|---|
Current ratio | x | 3.4 | 3.0 |
Debtors’ Days | Days | 206 | 192 |
Interest coverage | x | 7.2 | 7.5 |
Debt to equity ratio | x | 0.1 | 0.0 |
Return on assets | % | 10.6 | 10.8 |
Return on equity | % | 12.8 | 12.2 |
Return on capital employed | % | 15.7 | 17.8 |
To see how ASTRA MICRO has performed over the last 5 years, please visit here.
Over the last one year, ASTRA MICRO share price has moved up from Rs 116.5 to Rs 82.3, registering a loss of Rs 34.2 or around 29.3%.
Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 18,794.4 (down 0.0%). Over the last one year it has moved up from 18,684.3 to 18,794.4, a gain of 110 points (up 0.6%).
Overall, the S&P BSE SENSEX is up 7.4% over the year.
(To know more, check out historical annual results for ASTRA MICRO and quarterly results for ASTRA MICRO)
Here's an analysis of the annual report of ASTRA MICRO for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of ASTRA MICRO. Also includes updates on the valuation of ASTRA MICRO.
For the quarter ended June 2019, ASTRA MICRO has posted a net profit of Rs 73 m (down 191.6% YoY). Sales on the other hand came in at Rs 303 m (down 43.5% YoY). Read on for a complete analysis of ASTRA MICRO's quarterly results.
For the quarter ended March 2019, ASTRA MICRO has posted a net profit of Rs 73 m (down 75.3% YoY). Sales on the other hand came in at Rs 1 bn (down 33.1% YoY). Read on for a complete analysis of ASTRA MICRO's quarterly results.
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