Astra Microwave Products to meet Bernstein investors on June 10

1 min read     Updated on 05 Jun 2026, 02:25 AM
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Astra Microwave Products has scheduled a group meeting with analysts and institutional investors organized by Bernstein on June 10, 2026, at its Hyderabad facility. The company confirmed that discussions will be based on publicly available information and no unpublished price sensitive information (UPSI) will be shared. The disclosure was made to BSE Limited and The National Stock Exchange of India Limited under Regulation 30(6) of the SEBI (LODR) Regulations, 2015.

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astra microwave products has scheduled a group meeting with analysts and institutional investors organized by Bernstein on June 10, 2026. The meeting will take place at the company's Hyderabad facility, providing a platform for engagement with the investment community. Discussions during the session will be strictly based on publicly available information, ensuring transparency and compliance with regulatory norms.

The company has confirmed that no unpublished price sensitive information (UPSI) is intended to be discussed during the interactions. This disclosure was submitted to BSE Limited and The National Stock Exchange of India Limited pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by T. Anjaneyulu, Company Secretary & Compliance Officer.

Meeting Details

The schedule for the investor interaction is outlined below:

Date & Time Nature of Meeting Organised by Place
10th June 2026
12:00 pm onwards
Group Meeting Bernstein Hyderabad

The company noted that changes to the schedule may occur due to exigencies on the part of the participants or the company. This meeting serves as a formal mechanism for Astra Microwave Products to engage with the market and update stakeholders on its performance and strategy using existing public data.

Historical Stock Returns for Astra Microwave Products

1 Day5 Days1 Month6 Months1 Year5 Years
+4.08%-1.41%+22.44%+52.60%+20.79%+958.55%

What strategic updates or growth drivers might Astra Microwave Products highlight during the meeting?

How could this engagement with institutional investors influence market sentiment towards the stock?

What potential challenges or opportunities in the defense sector could impact the company's future performance?

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Board to consider demerger scheme on June 10

1 min read     Updated on 01 Jun 2026, 07:23 PM
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Astra Microwave Products Limited announced a board meeting on June 10, 2026, to consider a scheme of arrangement for demerger into Astra Space Technologies Private Limited. The company reported a 25.7% rise in FY26 net profit to ₹193 crore and revenue of ₹1,163 crore, with a dividend of ₹2.40 per share recommended.

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Astra Microwave Products has scheduled a board meeting on June 10, 2026, to consider a scheme of arrangement for the demerger of its Space, Meteorology and Hydrology business undertakings into its wholly-owned subsidiary, Astra Space Technologies Private Limited. The proposed restructuring will be conducted under Sections 230 to 232 of the Companies Act, 2013, and is subject to necessary approvals. This meeting follows the company's earlier in-principle approval granted on May 26, 2026, for the demerger, aimed at streamlining business operations.

Financial Performance

The company recently reported audited consolidated financial results for the year ended March 31, 2026. Net profit rose 25.7% to ₹193 crore compared to ₹154 crore in the previous year. Revenue from operations for FY26 stood at ₹1,163 crore, up from ₹1,051 crore in FY25, driven by sustained business momentum and a favorable revenue mix. The Board has recommended a dividend of ₹2.40 per equity share for the financial year, subject to shareholder approval.

The following table summarizes the key consolidated financial metrics for FY26:

Metric FY26 FY25
Net Profit ₹193 crore ₹154 crore
Revenue ₹1,163 crore ₹1,051 crore
EBITDA ₹334 crore ₹269 crore
EBITDA Margin % 28.7% 25.6%

Operational Highlights

Operating performance improved during the year, with consolidated EBITDA rising 24.1% to ₹334 crore. The EBITDA margin expanded to 28.7% in FY26 from 25.6% in FY25. Earnings per share (EPS) increased to ₹20.32 from ₹16.17 in the previous year. The consolidated order book remains strong at ₹2,610 crore as of March 31, 2026, which includes ₹231 crore pertaining to service orders.

The statutory auditors, M/s. Price Waterhouse Chartered Accountants LLP, issued an audit report with an unmodified opinion. Astra Microwave Products continues to focus on its core segment of Radio Frequency & Microwave products, with no other business segments reported. The company has reaffirmed its topline growth target of 10% to 15% for FY27.

Historical Stock Returns for Astra Microwave Products

1 Day5 Days1 Month6 Months1 Year5 Years
+4.08%-1.41%+22.44%+52.60%+20.79%+958.55%

How will the demerger impact the capital allocation strategy and dividend policy for the remaining Radio Frequency & Microwave business?

What are the potential listing plans for Astra Space Technologies Private Limited following the completion of the demerger?

Can the company sustain the expanded EBITDA margins of 28.7% amidst the operational restructuring and execution of the demerger?

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1 Year Returns:+20.79%