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	Consolidated
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

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	Consolidated	Consolidated
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	4078512000	10511792000
	Other income	109888000	175335000
	Total income	4188400000	10687127000
2	Expenses
(a)	Cost of materials consumed	1863636000	6262686000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	335545000	-489109000
(d)	Employee benefit expense	457869000	1418203000
(e)	Finance costs	191938000	571261000
(f)	Depreciation, depletion and amortisation expense	110897000	350439000
(f)	Other Expenses
1	Consumption of stores and spares	8201000	36813000
2	Power and fuel	13553000	56214000
3	Repairs and maintenance - Plant & Machinery	31754000	73842000
4	Repairs and maintenance - Computers	12734000	40630000
5	Repairs and maintenance - Others	14395000	59147000
6	Travelling and conveyance	43342000	145117000
7	Legal and professional fees	14230000	59756000
8	Business promotion expenses	6068000	35483000
9	Security charges	5817000	23500000
10	Other Expenses	75772000	99318000
	Total other expenses	225866000	629820000
	Total expenses	3185751000	8743300000
3	Total profit before exceptional items and tax	1002649000	1943827000
4	Exceptional items	0	0
5	Total profit before tax	1002649000	1943827000
6	Tax expense
7	Current tax	256704000	497844000
8	Deferred tax	-339000	4425000
9	Total tax expenses	256365000	502269000
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	746284000	1441558000
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	-11433000	93530000
16	Total profit (loss) for period	734851000	1535088000
17	Other comprehensive income net of taxes	-35371000	-22349000
18	Total Comprehensive Income for the period	699480000	1512739000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	734850700	1535087700
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	-35370700	-22348700
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
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		10794837000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	7.74	16.17
	Diluted earnings (loss) per share from continuing operations	7.74	16.17
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	7.74	16.17
	Diluted earnings (loss) per share from continuing and discontinued operations	7.74	16.17
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		1.The Consolidated financial results includes the results of Astra Microwave Products Limited ('the Company' or 'the Holding Company'), the following subsidiaries (collectively referred as 'the Group' hereinunder), two joint ventures and one associate: n(a) Bhavyabhanu Electronics Private Limited - Subsidiary n(b) Aelius Semiconductors Pte. Ltd., Singapore - Subsidiary n(c) Astra Private Limited (formerly known as Astra Foundation) - Subsidiary n(d) Astra Space Technologies Private Limited - Subsidiary n(e) Astra Rafael Comsys Private Limited - Joint venture n(f) Navictornics Private Limited - Joint venture n(g) Janyu Technologies Private Limited - Associate 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 Consolidated financial results for the quarter and year ended March 31, 2025, Consolidated statement of assets and liabilities as at March 31, 2025 and Consolidated statement of cash flows for the year ended March 31, 2025 ('Consolidated 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 above results were reviewed by the Audit Committee, considered and approved by the Board of Directors at its meeting held on May 22, 2025. n4.The Group and Joint ventures have only one business segment i.e. it deals in Radio Frequency & Microwave products and hence segment wise reporting is not applicable. n5.The Group and Joint ventures have an order book of Rs. 2,303.89 crores as at March 31, 2025 which includes Rs. 149.91 crores pertaining to service orders. Orders booked during the year are Rs. 1,286.61 crores. n6.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. n7.The Board of the Directors of the Holding 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 Holding 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 Holding 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		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	2228995000
	Capital work-in-progress	30739000
	Investment property	5374000
	Goodwill	0
	Other intangible assets	60525000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	316561000
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	101816000
	Total non-current financial assets	101816000
	Deferred tax assets (net)	114436000
	Other non-current assets	80361000
	Total non-current assets	2938807000
2	Current assets
	Inventories	6159407000
	Current financial asset
	Current investments	0
	Trade receivables, current	7861289000
	Cash and cash equivalents	250174000
	Bank balance other than cash and cash equivalents	731517000
	Loans, current	0
	Other current financial assets	0
	Total current financial assets	8842980000
	Current tax assets (net)	8463000
	Other current assets	562587000
	Total current assets	15573437000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	18512244000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	189890000
	Other equity	10794837000
	Total equity attributable to owners of parent	10984727000
	Non controlling interest	16000
	Total equity	10984743000
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	161269000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	527681000
	Total non-current liabilities	1082597000
	Current liabilities
	Current financial liabilities
	Borrowings, current	3841373000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	102078000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	664642000
	Total Trade payable	766720000
	Other current financial liabilities	280496000
	Total current financial liabilities	4888589000
	Other current liabilities	1387436000
	Provisions, current	52021000
	Current tax liabilities (Net)	116858000
	Deferred government grants, Current	0
	Total current liabilities	6444904000
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	7527501000
	Total equity and liabilites	18512244000
	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		Consolidated	Consolidated
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	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurements of post-employment benefit obligations	-46928000	-31426000
2	Share of other comprehensive income of joint venture and associate	-160000	-160000
	Total Amount of items that will not be reclassified to profit and loss	-47088000	-31586000
2	Income tax relating to items that will not be reclassified to profit or loss	-11809000	-7909000
3	Amount of items that will be reclassified to profit and loss
1	Exchange differences on translation of foreign operations	-92000	1328000
	Total Amount of items that will be reclassified to profit and loss	-92000	1328000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-35371000	-22349000

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			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			1943827000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			571261000
	Adjustments for decrease (increase) in inventories			-1013611000
	Adjustments for decrease (increase) in trade receivables, current			-2732175000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			275330000
	Adjustments for decrease (increase) in other non-current assets			-4404000
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			602000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-71690000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			338019000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			350439000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			38838000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			55154000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-14085000
	Adjustments for dividend income			0
	Adjustments for interest income			-62279000
	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)			-167190000
	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)			-2311233000
	Net cash flows from (used in) operations			-367406000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			409510000
	Other inflows (outflows) of cash			-124558000
	Net cash flows from (used in) operating activities			-901474000
	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			0
	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			-722892000
	Proceeds from sales of investment property			45453000
	Purchase of investment property			-200000
	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			62279000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-131472000
	Net cash flows from (used in) investing activities	763223000
	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			-412149000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			898026000
	Net cash flows from (used in) financing activities			-515007000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-653258000
	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			-653258000
	Cash and cash equivalents cash flow statement at beginning of period			452461000
	Cash and cash equivalents cash flow statement at end of period			-200797000