Integrated Filing — IndAS

General information about company
Scrip Code	532493
NSE Symbol	ASTRAMICRO
MSEI Symbol	NOTLISTED
ISIN	INE386C01029
Name of company	ASTRA MICROWAVE PRODUCTS LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	22-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	14-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	RF & Microwave Products
Start date and time of board meeting	22-May-2025   12:00:00
End date and time of board meeting	22-May-2025   14:30:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-02-07
Indicate Company website link for updated RPT policy of the Company	https://astramwp.com/policies-1/
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
The Company has not defaulted on Loans and Debt Securities n

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	4047897000	10442339000
	Other income	110829000	179652000
	Total income	4158726000	10621991000
2	Expenses
(a)	Cost of materials consumed	1872767000	6362388000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	335046000	-500756000
(d)	Employee benefit expense	420774000	1308633000
(e)	Finance costs	189993000	562976000
(f)	Depreciation, depletion and amortisation expense	109907000	346537000
(f)	Other Expenses
1	Consumption of stores and spares	8196000	36586000
2	Power and fuel	12357000	51039000
3	Repairs and maintenance - Plant & Machinery	27477000	67639000
4	Repairs and maintenance - Computers	12695000	40560000
5	Repairs and maintenance - Others	16639000	55101000
6	Travelling and conveyance	42634000	143911000
7	Legal and professional fees	13396000	57561000
8	Business promotion expenses	6068000	35483000
9	Security charges	5623000	22734000
10	Other Expenses	77114000	97192000
	Total other expenses	222199000	607806000
	Total expenses	3150686000	8687584000
3	Total profit before exceptional items and tax	1008040000	1934407000
4	Exceptional items	0	0
5	Total profit before tax	1008040000	1934407000
6	Tax expense
7	Current tax	256704000	497844000
8	Deferred tax	430000	2709000
9	Total tax expenses	257134000	500553000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	750906000	1433854000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	750906000	1433854000
17	Other comprehensive income net of taxes	-34766000	-23435000
18	Total Comprehensive Income for the period	716140000	1410419000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	189890000	189890000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		10711267000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	7.91	15.1
	Diluted earnings (loss) per share from continuing operations	7.91	15.1
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	7.91	15.1
	Diluted earnings (loss) per share from continuing and discontinued operations	7.91	15.1
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		1.The Standalone financial results for the quarter and year ended March 31, 2025, Standalone statement of assets and liabilities and Standalone statement of cash flows for the year ended March 31, 2025 ('Standalone Statements') are prepared in conformity with the recognition and measurement principles laid down in the applicable accounting standards prescribed under Section 133 of the Companies Act, 2013 (the “Act”) and other accounting principles generally accepted in India, read with the relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. The same were, as reviewed by the Audit Committee, considered and approved by the Board of Directors at its meeting held on May 22, 2025. n2.The Board of Directors have recommended a dividend of Rs. 2.20 /- per equity share of Rs. 2.00 /- for the year ended March 31, 2025 at their meeting held on May 22, 2025, to be approved by the shareholders at the Annual General Meeting. n3.The Company has only one business segment i.e. it deals in Radio Frequency & Microwave products and hence segment wise reporting is not applicable. n4.The company has an order book of Rs.1,951.53 Crores as at March 31, 2025 which also includes Rs.153.78 Crores pertaining to service orders. Orders booked during 12 months ended Mar`25 are Rs.1096.01 Crores. n5.Figures for the quarter ended March 31, 2025 and corresponding quarter ended March 31, 2024 are the balancing figures between audited figures in respect of the full financial year and the unaudited published year-to-date figures up to the third quarter of the respective financial years. n6.The Board of the Directors of the Company at its meeting held on May 20, 2025 has approved the allotment of up to 20,13,885 convertible warrants each convertible into, or exchangeable for, one fully paid up equity share of the Company, having a face value of Rs. 2, within the period of eighteen months in accordance with the applicable laws at a price of Rs. 864 aggregating up to Rs.173.99 crores which is subject to necessary approvals from shareholders of the Company.

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	2214913000
	Capital work-in-progress	0
	Investment property	0
	Goodwill	0
	Other intangible assets	60525000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	379245000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	98910000
	Total non-current financial assets	478155000
	Deferred tax assets (net)	99910000
	Other non-current assets	77217000
	Total non-current assets	2930720000
2	Current assets
	Inventories	6083752000
	Current financial asset
	Current investments	0
	Trade receivables, current	7827582000
	Cash and cash equivalents	212916000
	Bank balance other than cash and cash equivalents	718794000
	Loans, current	0
	Other current financial assets	0
	Total current financial assets	8759292000
	Current tax assets (net)	8463000
	Other current assets	551946000
	Total current assets	15403453000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	18334173000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	189890000
	Other equity	10712485000
	Total equity attributable to owners of parent	10902375000
	Non controlling interest
	Total equity	10902375000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	393647000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	0
	Total non-current financial liabilities	393647000
	Provisions, non-current	154720000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	527681000
	Total non-current liabilities	1076048000
	Current liabilities
	Current financial liabilities
	Borrowings, current	3791996000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	101919000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	653968000
	Total Trade payable	755887000
	Other current financial liabilities	264720000
	Total current financial liabilities	4812603000
	Other current liabilities	1376579000
	Provisions, current	49710000
	Current tax liabilities (Net)	116858000
	Deferred government grants, Current	0
	Total current liabilities	6355750000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	7431798000
	Total equity and liabilites	18334173000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurements of post-employment benefit obligations	-46459000	-31317000
	Total Amount of items that will not be reclassified to profit and loss	-46459000	-31317000
2	Income tax relating to items that will not be reclassified to profit or loss	-11693000	-7882000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-34766000	-23435000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			1934407000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			562976000
	Adjustments for decrease (increase) in inventories			-1031284000
	Adjustments for decrease (increase) in trade receivables, current			-2724975000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			277653000
	Adjustments for decrease (increase) in other non-current assets			-4521000
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			615000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-107767000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			340639000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			346537000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			36799000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			36967000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-15388000
	Adjustments for dividend income			0
	Adjustments for interest income			-61218000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-2220531000
	Net cash flows from (used in) operations			-286124000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			-408659000
	Other inflows (outflows) of cash			-172163000
	Net cash flows from (used in) operating activities			-49628000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			-1200000
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			113000
	Purchase of property, plant and equipment			-689944000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			-63758000
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			61218000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-51622000
	Net cash flows from (used in) investing activities	762211000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			-8277364000
	Repayments of borrowings			-6261535000
	Payments of lease liabilities			0
	Dividends paid			-190647000
	Interest paid			-403864000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			409198000
	Net cash flows from (used in) financing activities			-1012120000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-299537000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-299537000
	Cash and cash equivalents cash flow statement at beginning of period			512453000
	Cash and cash equivalents cash flow statement at end of period			212916000