Astra Microwave Products Limited Reports Strong Financial Results, Announces Demerger of Space, Meteorology, and Hydrology Business
Astra Microwave Products Limited, a company specializing in the design, development, and manufacturing of Defence, Aerospace, and Space Electronics systems, announced its audited financial results for the quarter and fiscal year ended March 31, 2026. The results reflect significant revenue growth and margin expansion across both standalone and consolidated segments.Standalone Financial Performance Review
For the fiscal year 2026 (FY26), Astra Microwave Products reported standalone revenue of Rs. 1,156 crores, marking a 10.7% year-over-year (YoY) growth compared to FY25. The company also achieved a higher PAT margin of 15.4% in FY26, up from 13.7% in the previous fiscal year.The fourth quarter of FY26 (Q4FY26) performance highlighted robust growth. Revenue from Operations stood at Rs. 487 crores, representing a 20.4% YoY increase. Key metrics for Q4FY26 showed EBITDA at Rs. 160 crores (32.8% EBITDA Margin%), and PAT of Rs. 105 crores (21.6% PAT Margin%).
The comparison of standalone financials for Q4 and FY periods is detailed below:
| Metric (Rs. In Cr) | Q4FY26 | Q4FY25 | YoY Change | FY26 | FY25 | YoY Change |
|---|---|---|---|---|---|---|
| Revenue from Operations | 487 | 405 | 20.4% | 1,156 | 1,044 | 10.7% |
| EBITDA | 160 | 120 | 33.6% | 324 | 266 | 21.6% |
| EBITDA Margin% | 32.8% | 29.6% | 28.0% | 25.5% | ||
| PAT | 105 | 75 | 40.3% | 178 | 143 | 23.9% |
| PAT Margin% | 21.6% | 18.6% | 15.4% | 13.7% |
Consolidated Financial Highlights
On a consolidated basis, the company reported Revenue from Operations of Rs. 1,163 crores for FY26, growing 10.6% YoY. The consolidated PAT for FY26 stood at Rs. 193 crores, reflecting a 25.7% YoY increase.Q4FY26 consolidated figures included Revenue from Operations of Rs. 488 crores, showing 19.7% YoY growth.
The full comparison of consolidated financials is presented in the table below:
| Metric (Rs. In Cr) | Q4FY26 | Q4FY25 | YoY Change | FY26 | FY25 | YoY Change |
|---|---|---|---|---|---|---|
| Revenue from Operations | 488 | 408 | 19.7% | 1,163 | 1,051 | 10.6% |
| EBITDA | 162 | 120 | 35.9% | 334 | 269 | 24.1% |
| EBITDA Margin% | 33.3% | 29.3% | 28.7% | 25.6% | ||
| PAT | 106 | 73 | 44.2% | 193 | 154 | 25.7% |
| PAT Margin% | 21.7% | 18.0% | 16.6% | 14.6% |
Business Updates and Outlook
As of March 31, 2026, the standalone order book was valued at Rs. 2,141 crores, while the consolidated order book stood at Rs. 2,610 crores. Additionally, the company received orders amounting to Rs. 403 crores during the quarter.Managing Director, Mr. S G Reddy, commented on the company's performance, noting that the growth was supported by margin expansion and a favorable revenue mix. He reaffirmed the company's target of 10% to 15% topline growth for FY27, citing robust opportunities in both domestic and international markets.
In a key strategic announcement, the Board of Directors approved, in principle, the demerger of the company's Space, Meteorology, and Hydrology business. This move aims to create sharper strategic and operational focus for each business segment, allowing dedicated management teams to pursue sector-specific growth, enhance governance, and create clearer investment propositions for shareholders.
The company also recommended a Dividend of Rs. 2.40/- per equity share (i.e., 120% on face value of Rs. 2/- each) for the financial year 2025-26, subject to approval at the Annual General Meeting.
ASTRAMICRO Stock Price Movement
Astra Microwave Products Limited shares rallied today, closing significantly higher by 10.23% at ₹1357. The equity showed strong investor interest, trading on 10.70 million shares and reaching a 52-week high of ₹1389.7.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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