ALFA Finder| Revenue guidance | 10.0% → 15.0% Raised by 5.0 percentage points |
|---|---|
| Management target | Revenue 18.5% FY28 |
| Revenue growth | 15-20% projected growth, currently moderate due to temporary customer approval delays. |
|---|---|
| Margins | Expected to improve with positive operating leverage and service order mix. |
| Order book | Record high at 4,300 Cr, effectively doubling recently due to Uttam. |
| Demand visibility | Strong multi-year visibility driven by indigenous defense platforms like Tejas/AMCA. |
| Management confidence | Balanced; highly confident in order book but wary of supply chains. |
Growth
Top-line target of 15%+ growth for FY27; high-technology subsystems like AESA radars drive structural volume growth.
Outlook
Targeting 1,350 Cr revenue in FY27 and 1,600 Cr in FY28 with long-term visibility of 10,000 Cr.
Risks
Global supply chain constraints and stretched lead times for critical components remain significant execution bottlenecks.
Last quarter's promises, checked
Delivered
- FY26 Revenue Guidance: INR 1,157 Cr → delivered INR 1,157 Cr (= BEAT)
- Q4 Billing Growth: 15% YoY → delivered 16% YoY (= BEAT)
- Operating Cash Flow: -99 Cr (FY25) → delivered 370 Cr (FY26) (= BEAT)
Partly delivered
- ARC JV Order Book: Guided 625 Cr → delivered 546 Cr (= MISS)
- ARC JV Profitability: Impacted by forex provisions → delivered 8 Cr PAT (= PARTIAL)
Earnings Call Transcript filed with BSE, NSE: ASTRAMICRO. Summary written with AI assistance from the document.
Astra Microwave Products Ltd: key numbers
- Share price
- ₹1,747.10
- Market cap
- ₹16,588 Cr
- Revenue (annual)
- ₹1,163 Cr
- Net profit (annual)
- ₹193.0 Cr
- P/E (TTM)
- 87.8×Sector 51.9×
- Promoter holding
- 6.54%+0.00% QoQ
- FII holding
- 10.48%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Astra Microwave Products Ltd
All →Astra Microwave Products Q2 FY27 Results: Net Profit ₹51.1 Cr, Up 113.8% YoY
Astra Microwave Products Ltd reported revenue from operations of ₹262.8 Cr (+22.5% YoY) and net profit of ₹51.1 Cr (+113.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹51.1 Cr · +113.8% YoY
Astra Microwave Products Board Meeting Date
Astra Microwave scheduled its Board meeting for November 12, 2026 to approve Q2 and H1 FY27 results. No financial figures or decisions are reported in this advance intimation.
Astra Microwave Products Merger & Restructuring
Astra Microwave received exchange observation letters for its Space business demerger into Astra Space Technologies. The scheme remains subject to regulatory approvals.
Astra Microwave Products Other Announcement
Astra Microwave Products Ltd filed its quarterly shareholding pattern as of September 30, 2026, detailing the distribution of equity across promoter and public shareholder categories.
Astra Microwave Products Annual General Meeting
Astra Microwave Products Limited conducted its 35th Annual General Meeting on September 18, 2026, where shareholders discussed agenda items, including financial statements and director appointments.
Astra Microwave Products Credit Rating
Astra Microwave Products Limited received an upgraded credit rating of 'CRISIL A+/Stable' for its long-term bank facilities and corporate credit rating from CRISIL Ratings Limited.