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Earnings Call

Astra Microwave Products Earnings Call: Key Takeaways

Astra Microwave reported strong Q4FY26 performance with 20% revenue growth and healthy margins, supported by a robust standalone order book of ₹2,141 Cr.

Highlights
Revenue growth20% YoY in Q4FY26; 11% YoY for FY26.
MarginsFY26 Consolidated EBITDA margin improved to 28.7% from 25.6%.
Order bookStandalone order book at ₹2,141 Cr as of March 2026.
Demand visibilityStrong pipeline in Radar, EW, and Space sectors.
Management confidenceHigh; targeting 15-20% sustained revenue growth.

Growth

FY26 Consolidated Revenue grew 11% YoY to ₹1,163 Cr; PAT surged 26% to ₹193 Cr.

Outlook

Management targets 15-20% revenue growth with higher focus on complex system fabrication and demerging non-core businesses.

Risks

High working capital cycle (374 days) and dependency on government/defense sector procurement cycles.

Source

Earnings Call filed with NSE, NSE: ASTRAMICRO. Summary written with AI assistance from the document.

Read the document ↗

Astra Microwave Products Ltd: key numbers

Share price
₹1,622.40
Market cap
₹15,404 Cr
Revenue (annual)
₹1,163 Cr
Net profit (annual)
₹193.0 Cr
P/E (TTM)
81.5×Sector 53.6×
Promoter holding
6.54%+0.00% QoQ
FII holding
10.74%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Astra Microwave Products Earnings Call: Key Takeaways

Astra delivered record FY26 revenue of ₹1,157cr, shifting from a subsystem supplier to a systems manufacturer with a massive ₹2,141cr order book and ₹370cr operating cash flow.