CMP: 40

Astra Microwave Products Ltd. develops, manufactures, and distributes wireless communication solutions. The Company offers products in the areas of telecommunications, defense, and space, and the product line includes amplifiers, base stations, dish antennas, filters, microwave components, and switching equipment.

Astra Microwave is a decent bet in small-cap space. Its currently trading at a P/E of less than 10 with decent dividend yields of over 1% in the last 12 months. It runs at a debt of 34 Crores with 6 Crores cash in hand. Debt to Profit levels is safe at just 1 year. Revenues have steadily picked up from 124 Crores to 204 Crores in the last 5 years. Profits have risen from 21 Crores to 33 Crores over the last 5 years. NPM has fluctuated and returned to 17% over the last 5 years.