| Quarterly Financials | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
Revenue  | 68 | 52 | 79 | 120 | 33 | 113 | 153 | 182 | 102 | 110 | 182 | 257 | 130 | 182 | 204 | 241 | 163 | 177 | 222 | 259 | 136 | 199 | 237 | 360 | 159 | 233 | 268 | 419 | 204 |
| Expenses | 50 | 53 | 68 | 97 | 37 | 78 | 112 | 160 | 96 | 109 | 159 | 202 | 104 | 168 | 176 | 215 | 140 | 136 | 170 | 226 | 131 | 149 | 165 | 273 | 131 | 180 | 182 | 289 | 159 |
| EBITDA | 18 | -1 | 12 | 23 | -4 | 35 | 41 | 22 | 7 | 1 | 24 | 55 | 26 | 14 | 27 | 26 | 23 | 41 | 52 | 34 | 5 | 51 | 72 | 87 | 28 | 53 | 86 | 129 | 45 |
| Operating Profit % | 8 % | -17 % | 11 % | 17 % | -16 % | 29 % | 26 % | 8 % | 4 % | 1 % | 12 % | 20 % | 19 % | 6 % | 13 % | 10 % | 14 % | 22 % | 23 % | 13 % | 2 % | 22 % | 29 % | 23 % | 15 % | 21 % | 29 % | 29 % | 21 % |
| Depreciation | 7 | 7 | 7 | 8 | 6 | 6 | 7 | 7 | 6 | 6 | 6 | 6 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 6 | 8 | 6 | 10 | 11 | 9 |
| Interest | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 3 | 3 | 3 | 5 | 14 | 6 | 5 | 6 | 5 | 6 | 7 | 8 | 10 | 7 | 6 | 8 | 10 | 10 | 13 | 15 | 19 | 15 |
| Profit Before Tax | 9 | -10 | 3 | 12 | -12 | 27 | 32 | 12 | -2 | -7 | 13 | 35 | 15 | 4 | 16 | 16 | 12 | 28 | 38 | 18 | -8 | 38 | 58 | 71 | 9 | 34 | 62 | 99 | 21 |
| Tax | 2 | -4 | 1 | 4 | -3 | 7 | 10 | 2 | -1 | -0 | 2 | 8 | 3 | 1 | 4 | 5 | 4 | 8 | 11 | 4 | -1 | 8 | 14 | 17 | 2 | 8 | 14 | 26 | 5 |
| Net Profit | 7 | -7 | 2 | 8 | -9 | 20 | 23 | 10 | -2 | -7 | 10 | 27 | 12 | 3 | 11 | 11 | 8 | 21 | 28 | 14 | -7 | 30 | 43 | 54 | 7 | 25 | 47 | 74 | 16 |
| EPS in ₹ | 0.75 | -0.75 | 0.24 | 0.92 | -1.02 | 2.31 | 2.61 | 1.18 | -0.18 | -0.80 | 1.19 | 3.12 | 1.41 | 0.39 | 1.32 | 1.26 | 0.94 | 2.37 | 3.20 | 1.56 | -0.73 | 3.16 | 4.57 | 5.73 | 0.76 | 2.67 | 5.00 | 7.74 | 1.71 |
Astra Microwave Products
Astra Microwave Products
1,093.20
-31.90
(-2.84%)
Market Cap
10,682.30 Cr
EPS
16.17
PE Ratio
65.52
Dividend Yield
0.20 %
Industry
Aerospace & Defense52 Week High
1,195.90
52 Week Low
584.20
PB Ratio
9.70
Debt to Equity
0.32
Sector
Engineering
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from4 analysts
Company News
View All News
Astra Microwave Products Limited conducted its 34th Annual General Meeting on September 17, 2025, via video conferencing with 76 members participating. The company declared a dividend of Rs 2.20 per equity share of face value Rs 2 each for financial year 2024-25. The AGM addressed 11 agenda items including adoption of audited financial statements, director reappointments, and several special resolutions. Key matters discussed included ratification of cost auditors' remuneration, appointment of secretarial auditors, continuation of directorship for Mr. Prakash Anand Chitrakar who will turn 75 in January 2026, increase in borrowing powers, creation of securities, and adoption of new Memorandum and Articles of Association. Management addressed shareholder queries regarding company outlook, order pipeline, borrowing power increases, plant visits, five-year roadmap, business prospects, and AI initiatives. E-voting was conducted from September 13-16, 2025, with results to be announced within 48 hours.
Astra Microwave Products Limited reported standalone revenue of INR 197 crores for Q1 FY2026, marking a 28.1% year-over-year increase. The defense electronics company maintains a standalone order book of INR 1,891 crores as of June 30, 2025, with its joint venture ARC holding an additional INR 400+ crores in orders. The company received a significant INR 135 crore order from DRDO for ground-based radar system upgradation and secured orders for Active Array Antenna Units for the Virupaksha radar program. Management expects order inflows of INR 1,300-1,400 crores for FY2026 and targets 18-20% revenue growth while aiming to maintain or slightly improve profit margins. The company is expanding capabilities through clean room facilities for satellite assembly in Bangalore and developing indigenous software for weather data interpretation. Key ongoing programs include the Uttam radar for LCA Mk1A aircraft, shipborne radar development, and X-band seeker for missile programs, with several development milestones expected by December 2025.
Astra Microwave announced plans to invest in advanced radar, electronic warfare, and communication systems. The company is leveraging Make in India defense initiatives while expanding its global presence to achieve steady growth.
View more
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
4,775.20 | #1 3,15,922.60 | #1 38.03 | #1 33,542.60 | 3.92 | #1 8,364 | -3.71 | 55.14 | |
403.15 | 2,89,065.20 | 52.57 | 24,511.10 | 17.06 | 5,287 | 22.46 | 53.25 | |
14,148.00 | 1,26,885.20 | 100.47 | 7,611.10 | 24.49 | 1,288 | 17.34 | 41.92 | |
2,924.20 | 1,18,601.80 | 54.66 | 12,553.10 | 18.78 | 2,277 | -35.05 | 60.15 | |
1,555.90 | 57,418.40 | 102.34 | 3,695.50 | 3.26 | 550 | #1 155.56 | 50.88 | |
2,716.90 | 31,098.60 | 55.50 | 5,410.50 | 39.01 | 527 | 37.84 | 60.36 | |
2,752.80 | 15,327.90 | 71.42 | 113.70 | 2.06 | 4 | -22.26 | 55.29 | |
1,520.30 | 13,843.30 | 54.94 | 1,032.00 | #1 126.91 | 299 | -33.21 | 50.03 | |
341.70 | 11,391.80 | 171.63 | 565.00 | 51.27 | 56 | 110.71 | 72.26 | |
1,093.20 | #10 10,682.30 | #6 65.52 | #7 1,068.70 | #7 12.12 | #8 154 | #2 126.39 | 61.45 |
Automatic Screeners on ScanX
Forecast
Actual
Growth Rate
Revenue Growth
12.12 %
Net Income Growth
73.50 %
Cash Flow Change
50.34 %
ROE
15.27 %
ROCE
4.21 %
EBITDA Margin (Avg.)
18.39 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 495 | 551 | 649 | 676 | 616 | 895 | 945 | 969 | 1,057 | 1,474 | 1,851 |
| Fixed Assets | 142 | 137 | 150 | 195 | 178 | 161 | 153 | 160 | 167 | 170 | 229 |
| Current Assets | 352 | 410 | 435 | 463 | 401 | 689 | 760 | 771 | 851 | 1,235 | 1,557 |
| Capital Work in Progress | 0 | 1 | 37 | 1 | 2 | 12 | 0 | 0 | 2 | 13 | 3 |
| Investments | 0 | 0 | 57 | 126 | 35 | 26 | 30 | 14 | 11 | 24 | 32 |
| Other Assets | 354 | 413 | 405 | 355 | 401 | 696 | 762 | 795 | 877 | 1,267 | 1,587 |
| Total Liabilities | 495 | 551 | 649 | 676 | 616 | 895 | 945 | 969 | 1,057 | 1,474 | 1,851 |
| Current Liabilities | 157 | 81 | 128 | 155 | 107 | 352 | 383 | 336 | 337 | 434 | 645 |
| Non Current Liabilities | 47 | 72 | 71 | 20 | 10 | 4 | 4 | 47 | 78 | 74 | 108 |
| Total Equity | 292 | 399 | 450 | 501 | 500 | 540 | 559 | 586 | 643 | 966 | 1,099 |
| Reserve & Surplus | 276 | 382 | 433 | 484 | 482 | 523 | 541 | 568 | 625 | 947 | 1,080 |
| Share Capital | 16 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 19 | 19 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -22 | 62 | -63 | 20 | -12 | -1 | 8 | 10 | 21 | 7 | -25 |
| Investing Activities | -28 | -18 | -123 | -94 | 85 | -30 | -1 | -26 | -28 | -44 | -76 |
| Operating Activities | -5 | 59 | 14 | 179 | 2 | -7 | -25 | 115 | -26 | -182 | -90 |
| Financing Activities | 11 | 21 | 46 | -65 | -98 | 37 | 34 | -79 | 75 | 232 | 141 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| Promoter | 8.98 % | 8.87 % | 8.71 % | 8.71 % | 8.71 % | 8.46 % | 8.28 % | 8.27 % | 7.17 % | 6.54 % | 6.54 % | 6.54 % | 6.54 % | 6.54 % | 6.54 % | 6.54 % | 6.54 % | 6.54 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 1.73 % | 2.94 % | 3.17 % | 4.66 % | 5.69 % | 5.19 % | 5.30 % | 6.46 % |
| DIIs | 4.57 % | 3.30 % | 1.68 % | 0.55 % | 0.29 % | 0.17 % | 0.07 % | 0.07 % | 0.07 % | 8.81 % | 15.25 % | 14.79 % | 13.60 % | 13.57 % | 14.99 % | 15.36 % | 15.31 % | 14.37 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 35.71 % | 36.54 % | 36.76 % | 36.23 % | 36.90 % | 35.98 % | 37.05 % | 37.31 % | 38.72 % | 32.67 % | 32.06 % | 31.88 % | 31.90 % | 31.05 % | 29.80 % | 29.60 % | 29.02 % | 29.47 % |
| Others | 50.74 % | 51.30 % | 52.86 % | 54.51 % | 54.10 % | 55.39 % | 54.60 % | 54.35 % | 54.04 % | 51.98 % | 44.41 % | 43.86 % | 44.80 % | 44.18 % | 42.99 % | 43.31 % | 43.84 % | 43.16 % |
| No of Share Holders | 0 | 37,226 | 40,009 | 39,804 | 38,589 | 40,193 | 39,150 | 44,069 | 49,528 | 46,506 | 56,282 | 71,368 | 73,483 | 93,505 | 99,071 | 95,790 | 94,367 | 1,07,384 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 1 | 1.2 | 0.25 | 1.2 | 1.2 | 1.4 | 1.6 | 2 | 2.2 |
| Dividend Yield (%) | 0.00 | 1.3 | 1.21 | 0.48 | 0.93 | 0.53 | 0.63 | 0.27 | 0.3 | 0.2 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 20 Aug 2021 |  Dividend | ₹ 1.20 /share | 17 Aug 2021 | 133.30 | 153.00 |
| 16 Aug 2022 | Dividend | ₹ 1.40 /share | 11 Aug 2022 | 231.50 | 276.15 |
| 24 Aug 2023 | Dividend | ₹ 1.60 /share | 23 Aug 2023 | 337.25 | 368.15 |
| 24 Aug 2024 | Dividend | ₹ 2.00 /share | 23 Aug 2024 | 772.55 | 881.60 |
| 30 Aug 2024 |  Annual General Meeting | NA | 30 Aug 2024 | 920.25 | 872.65 |
| 12 Nov 2024 |  Quarterly Result Announcement | NA | 12 Nov 2024 | 769.05 | 784.65 |
| 07 Feb 2025 | Quarterly Result Announcement | NA | 07 Feb 2025 | 712.45 | 703.70 |
| 22 May 2025 | Quarterly Result Announcement | NA | 22 May 2025 | 897.50 | 1,098.90 |
| 13 Jun 2025 |  Extraordinary General Meeting | NA | 13 Jun 2025 | 1,084.80 | 1,129.80 |
| 13 Aug 2025 | Quarterly Result Announcement | NA | 13 Aug 2025 | 949.20 | 981.80 |
| 10 Sept 2025 | Dividend | ₹ 2.20 /share | 10 Sept 2025 | 1,098.90 | 1,005.90 |
| 17 Sept 2025 | Annual General Meeting | NA | 17 Sept 2025 | 1,009.80 | 1,104.30 |
Announcements
Closure of Trading Window
3 days ago
3 days agoShareholder Meeting / Postal Ballot-Scrutinizers Report7 days ago
7 days agoShareholder Meeting / Postal Ballot-Outcome of AGM7 days ago
7 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation8 days ago
8 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 09, 2025
Sep 09, 2025Proposed Fees For The Secretarial AuditorSep 09, 2025
Sep 09, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 21, 2025
Aug 21, 2025Investor Education And Protection Fund Authority - 100 Days Campaign Saksham Niveshak.
Aug 21, 2025
Aug 21, 2025Pursuant To Regulation 36(1)(B) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 The Company Has Sent A Letter Providing A Web-Link Including The Exact Path Where Complete Details Of The Annual Report For The FY 2024-25 Are AAug 20, 2025
Aug 20, 2025Business Responsibility and Sustainability Reporting (BRSR)Aug 20, 2025
Aug 20, 2025Reg. 34 (1) Annual Report.Aug 20, 2025
Aug 20, 2025Notice Of 34Th Annual General Meeting Of The Company.Aug 20, 2025
Aug 20, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 20, 2025
Aug 20, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 14, 2025
Aug 14, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 14, 2025
Aug 14, 2025Board Meeting Outcome for Appointment Of Secretarial Auditor And Continuation Of Directorship Of Mr. Prakash Anand Chitrakar (DIN: 00003213) As A Non-Executive Director Of The CompanyAug 13, 2025
Aug 13, 2025Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of AssociationAug 13, 2025
Aug 13, 2025Statement Of Deviation Or Variation Of Funds Under Regulation 32 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.Aug 13, 2025
Aug 13, 2025Record Date For The DividendAug 13, 2025
Aug 13, 2025Intimation Of Book ClosureAug 13, 2025
Aug 13, 2025Announcement under Regulation 30 (LODR)-Investor PresentationAug 13, 2025
Aug 13, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 13, 2025
Aug 13, 2025Announcement under Regulation 30 (LODR)-Monitoring Agency ReportAug 13, 2025
Aug 13, 2025Q1 ResultsAug 13, 2025
Aug 13, 2025 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportAug 13, 2025
Aug 13, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 08, 2025
Aug 08, 2025Board Meeting Intimation for Board Meeting To Be Held On August 13 2025 To Consider And Approve The Standalone And Consolidated Un-Audited Financial Results For The Quarter Ended June 30 2025Aug 06, 2025
Aug 06, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderAug 05, 2025
Aug 05, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 09, 2025
Jul 09, 2025Announcement under Regulation 30 (LODR)-Credit RatingJul 08, 2025
Jul 08, 2025Shareholder Meeting / Postal Ballot-Notice of Postal BallotJul 07, 2025
Jul 07, 2025Outcome Of Circular Resolution Passed By Board Of Directors Of The Company On July 5 2025.Jul 05, 2025
Jul 05, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 03, 2025
Jul 03, 2025Certificate From Statutory Auditor In Terms Of Regulation 169(4) & (5) Of The Securities And Exchange Board Of India (Issue Of Capital And Disclosure Requirements) Regulations 2018Jun 30, 2025
Jun 30, 2025Outcome Of The Meeting Of Securities Allotment Committee Of The Board Of Directors- Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015- Allotment Of 2013885 Convertible Warrants On Preferential Basis.Jun 30, 2025
Jun 30, 2025Closure of Trading WindowJun 25, 2025
Jun 25, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 20, 2025
Jun 20, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 19, 2025
Jun 19, 2025Receipt Of In-Principle Approvals Under Regulation 28(1) Of The SEBI
(Listing Obligations And Disclosure Requirements) Regulations 2015 From
Stock ExchangesJun 18, 2025
Jun 18, 2025Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportJun 13, 2025
Jun 13, 2025Shareholder Meeting / Postal Ballot-Outcome of EGMJun 13, 2025
Jun 13, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 29, 2025
May 29, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 27, 2025
May 27, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 23, 2025
May 23, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorMay 23, 2025
May 23, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 23, 2025
May 23, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 23, 2025
May 23, 2025Announcement under Regulation 30 (LODR)-Investor PresentationMay 23, 2025
May 23, 2025Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)May 22, 2025
May 22, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 22, 2025
May 22, 2025Technical Indicators
RSI(14)
Neutral 61.45
ATR(14)
Less Volatile 40.28
STOCH(9,6)
Neutral 78.87
STOCH RSI(14)
Neutral 68.18
MACD(12,26)
Bullish 6.39
ADX(14)
Strong Trend 25.95
UO(9)
Bearish 50.93
ROC(12)
Uptrend And Accelerating 12.02
WillR(14)
Overbought -14.31
Mutual Fund Holdings
Motilal Oswal Nifty India Defence Index Fund Direct-Growth 
Aditya Birla Sun Life Nifty India Defence Index Fund Direct-Growth 
Groww Nifty Total Market Index Fund Direct - Growth 
Angel One Nifty Total Market Index Fund Direct - Growth 
Bandhan Nifty Total Market Index Fund Direct-Growth 
Mirae Asset Nifty Total Market Index Fund Direct-Growth 
HDFC Defence Fund Direct - Growth 
Kotak Large & Midcap Fund Direct-Growth 
ICICI Prudential ELSS Tax Saver Direct Plan - Growth 
Nippon India Small Cap Fund Direct- Growth 
Samco Active Momentum Fund Direct - Growth 
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
