Astra Microwave Products Limited share price

NSE: ASTRAMICRO · ISIN INE386C01029

Key numbers

Market cap
₹ 15,404 Cr
Current price
₹ 1,622.40
52-week high / low
₹ 1,960 / 851
Stock P/E
82.0
Book value
₹ 138.4
Dividend yield
0.15%
ROCE
19.6%
ROE
16.0%
Debt to equity
0.22
Sales growth (3 yrs)
12.6%
Profit growth (3 yrs)
40.3%
1-year return
44.2%

About Astra Microwave Products Limited

Astra Microwave Products Limited designs, develops, manufactures, and sells sub-systems for radio frequency and microwave systems used in defense, space, meteorology, civil, and telecommunication applications in India. It offers radar electronics, including active antenna array units, transmit receive (T/R) modules, wideband T/R modules, solid state power amplifiers, receivers, exciters, central units, antenna and electronic beam forming units, digital receivers, array group and monopulse receivers, waveform generators, and MMIC; and electronic warfare products comprising wideband and ultra-wideband subsystems, antennas, EDLVA and BLI super components, EW simulators, DIFM receivers, front end receivers, up and down convertors, and homodyne receivers. The company also provides strategic electronics and telemetry, such as command guidance units, radio proximity fuse, transponder, phased array-based telemetry tracking system, sub-systems for gimbal based and AESA seeker, and ground and air-borne data link systems; and data and video telemetry transmitters, and decoders, as well as PCM encoders, integrated telemetry transponders, auto-track antenna systems, and high-altitude proximity…

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales200215260488177
Operating profit41488316233
Net profit16244710612
EPS (₹)1.712.524.9311.161.30

Concall summary (2026-08-17)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • In terms of the opportunities, our stand-alone order book as of quarter end stands at INR2,156 crores, providing strong visibility for the upcoming period.
  • We are targeting a top line growth of more than 15% year-on-year, resulting into about INR1,350 crores for this financial year, maintaining a healthy bottom line.

Growth & demand

  • Around 66% of this order book is from defense and the rest that is 34% is from space, metrology and hydrology sectors.
  • Our consolidated order book stands at INR2,849 crores, which includes service orders of about INR244 crores, which are typically more accretive to margins.

Margins & costs

  • On top is what I call the next-gen solutions, wherein will lie the future as it unfolds, where we might have higher margins right now.
  • But as more solutions emerge, what's at the top comes into the middle level and becomes more sustainable margin-wise and more mainstream.

Capex & expansion

  • So as you know, we are the first Indian company to develop this Doppler weather radar in India to be supplied to IMD and having got it commissioned.

Balance sheet & cash

  • I think normally the Q1 and part of Q2, generally, the working capital cycle looks much better because of the comfort being derived from the execution made in the previous Astra Microwave Products Limited August 11, 2026 financial year.
  • As we move forward in Q3 and Q4, again, the pressure builds up on working capital.

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