X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
ASTRA MICRO Announces Quarterly Results (2QFY19); Net Profit Down 144.9%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

ASTRA MICRO Announces Quarterly Results (2QFY19); Net Profit Down 144.9%
Mon, 5 Nov

ASTRA MICRO has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

ASTRA MICRO Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m551536444-17.1%-19.4%
Other incomeRs m413263-52.5%1333.5%
TurnoverRs m556668507-24.1%-8.8%
ExpensesRs m3264735005.9%53.7%
Gross profitRs m22663-56-188.5%-124.8%
DepreciationRs m6369702.2%11.5%
InterestRs m332221-0.4%-34.4%
Profit before taxRs m134104-85-181.7%-163.5%
TaxRs m3125-39-258.9%-225.0%
Profit after taxRs m10380-46-158.0%-144.9%
Gross profit margin%41.011.8-12.6
Effective tax rate%23.223.545.7
Net profit margin%18.612.0-9.2
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter fell 19.4% on a year-on-year (YoY) basis. The expenses were up by 53.7% YoY during the same period.
  • The company's operating profit declined by 124.8% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 12.6% in 2QFY19 as against 41.0% in 2QFY18.
  • Depreciation charges increased by 11.5% and finance costs declined by 34.4% YoY, respectively.
  • Other income increased by 1333.5% YoY during the quarter.
  • Net profit for the quarter declined by 144.9% YoY. Net profit margins during the quarter declined from 18.6% in 2QFY18 to -9.2% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 17.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 5.9% QoQ during the same period.
  • The company's operating profit declined by 188.5% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 12.6% in 2QFY19 as against 11.8% in 1QFY18.
  • Net profit for the quarter declined by 158.0% QoQ, while net profit margins declined from 12.0% in 1QFY18 to -9.2% in 2QFY19.

To see how ASTRA MICRO has performed over the last eight quarters, please visit here.

ASTRA MICRO Share Price Performance

Over the last one year, ASTRA MICRO share price has moved up from Rs 118.9 to Rs 81.0, registering a Loss of Rs 37.9 or around 31.9%.

Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 18,055.8 (down 0.4%). Over the last one year it has moved down from 18,601.4 to 18,055.8, a gain of 546 points (down 2.9%).

Overall, the S&P BSE SENSEX is up 4.0% over the year.

Current Valuations

At the current price of Rs 81.0, the price to earnings (P/E) ratio of ASTRA MICRO stands at 13.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.3 times.

Equitymaster requests your view! Post a comment on "ASTRA MICRO Announces Quarterly Results (2QFY19); Net Profit Down 144.9%". Click here!

  

Related Views on News

ASTRA MICRO Announces Quarterly Results (3QFY19); Net Profit Down 88.8% (Quarterly Result Update)

Jan 31, 2019 | Updated on Jan 31, 2019

For the quarter ended December 2018, ASTRA MICRO has posted a net profit of Rs 18 m (down 88.8% YoY). Sales on the other hand came in at Rs 749 m (down 13.2% YoY). Read on for a complete analysis of ASTRA MICRO's quarterly results.

ASTRA MICRO 2017-18 Annual Report Analysis (Annual Result Update)

Dec 20, 2018 | Updated on Dec 20, 2018

Here's an analysis of the annual report of ASTRA MICRO for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of ASTRA MICRO. Also includes updates on the valuation of ASTRA MICRO.

ASTRA MICRO Announces Quarterly Results (1QFY19); Net Profit Up 91.4% (Quarterly Result Update)

Aug 1, 2018 | Updated on Aug 1, 2018

For the quarter ended June 2018, ASTRA MICRO has posted a net profit of Rs 80 m (up 91.4% YoY). Sales on the other hand came in at Rs 536 m (up 6.3% YoY). Read on for a complete analysis of ASTRA MICRO's quarterly results.

Garden Reach Shipbuilders and Engineers Ltd: Is This PSU Shipbuilder Worth Betting On? (IPO)

Sep 24, 2018

Should you apply for the IPO of Garden Reach Shipbuilders and Engineers Ltd?

H.G Infra Engineering Ltd. (IPO)

Feb 24, 2018

Should you subscribe to the IPO of H.G Infra Engineering Ltd.?

More Views on News

Most Popular

Stocks that Could Be Out of Reach Post Elections(The 5 Minute Wrapup)

Apr 9, 2019

It's a matter of time before the stocks catch the fancy of the markets and big investors.

3 Indian Stocks with Amazon-Like Potential(Profit Hunter)

Apr 10, 2019

We have identified 3 stocks with huge wealth building potential which meet our 'Click of a Button' criteria.

This Company is Making a Big Comeback and You Can Now Profit from Its Example(The 5 Minute Wrapup)

Apr 10, 2019

How Dell got its mojo back.

This is Why the Stock of Jubilant FoodWorks Went Up 1,160%(The 5 Minute Wrapup)

Apr 12, 2019

This critical business strategy has enabled companies to scale their operations faster.

Pocketing Massive Gains with HDFC And HDFC Bank(Profit Hunter)

Apr 12, 2019

Here's how one could have generated gains of Rs 59,250 in 10 days by trading HDFC and HDFC Bank with a capital of Rs 4 lakh.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

ASTRA MICRO SHARE PRICE


Apr 22, 2019 (Close)

TRACK ASTRA MICRO

  • Track your investment in ASTRA MICRO with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

ASTRA MICRO 8-QTR ANALYSIS

COMPARE ASTRA MICRO WITH

MARKET STATS