Astec Lifesciences reports consolidated net loss of Rs 39.72 crore in the June 2024 quarter

The company’s sales tanked 53 percent YoY to Rs 127 crore in Q4 of FY23. It reported a loss of Rs 5 crore as compared to net profit of Rs 43 crore posted a year ago. Operating margin shrunk to 4.3 percent from 24 percent.

Astec LifeSciences sinks 11% as Q4 earnings take a knock

The company reported a net loss of Rs 5 crore for Q4FY23 as against a net profit of Rs 43.10 crore in a year ago period.

Astec LifeSciences tumbles 10% on loss in Q4; stock down 44% in six months

Astec LifeSciences, a subsidiary of Godrej Agrovet (GAVL), on Tuesday launched its Research and Development (R&D) centre in Rabale, Maharashtra.

Astec LifeSciences launches R&D centre in Maharashtra

With the rally in the past two days, the stock has bounced back 40 per cent from its 52-week low of Rs 1,050 touched recently on Tuesday, March 28

Astec Lifesciences zooms 37% in two days on heavy volumes

Astec Lifesciences Ltd, GAIL (India) Ltd, GMR Airports Infrastructure Ltd and GRM Overseas Ltd are among the other losers in the BSE’s ‘A’ group today, 21 March 2023.

Capri Global Capital Ltd leads losers in ‘A’ group

(a) Assigned / Re-affirmed ICRA AA- (Stable) rating for long-term Bank facilities of Rs.556 crore. Outlook on the long-term rating is revised from Positive to Stable.

Astec LifeSciences receives ratings action from ICRA

Revenue from operations in the December 2022 quarter slipped 32.37 per cent to Rs 117 crore against Rs 173 crore in December 2021.

Astec Lifesciences shares tank 14% after Q3 results

Astec Lifesciences slumped 11.46% to Rs 1346.75 after the company’s consolidated net profit slumped 96.61% to Rs 0.84 crore on 32.40% decline in net sales to Rs 117.18 crore in Q3 December 2022 over Q3 December 2021.

Astec Life drops after Q3 PAT slumps 97% YoY

Astec Lifesciences consolidated net profit rises 101.87% in the September 2022 quarter

Astec Lifesciences Ltd, Tanla Platforms Ltd, Kalyan Jewellers India Ltd and Rites Ltd are among the other gainers in the BSE’s ‘A’ group today, 13 October 2022.

Maharashtra Seamless Ltd leads gainers in ‘A’ group

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Astec LifeSciences Limited is a holding company. The Company is a producer of agrochemicals and pharmaceutical intermediates.