Astra Microwave Products Limited , a key player in the defense and aerospace sector, has announced a significant change in its corporate structure. The company's wholly owned subsidiary, previously known as Bhavyabhanu Electronics Private Limited, has been renamed to Astra Defence Technologies Private Limited. This change, effective November 18, 2025, was approved by the Registrar of Companies, Central Processing Centre (Manesar).

Strategic Repositioning

The renaming of the subsidiary reflects a strategic shift in the company's focus towards defense technologies. This move aligns with Astra Microwave Products' core competencies in the defense and aerospace sectors, potentially indicating a more targeted approach to defense-related projects and technologies.

Key Details of the Name Change

Implications and Outlook

The rebranding of the subsidiary to Astra Defence Technologies Private Limited suggests a more focused approach to defense-related business activities. This strategic move may position the company to:

1. Better align with defense sector opportunities
2. Enhance its visibility in the defense technology market
3. Potentially expand its portfolio of defense-oriented products and services

Corporate Disclosure

The name change was disclosed by Astra Microwave Products in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has stated that this information will be made available on its official website, www.astramwp.com .

As the defense sector continues to evolve, particularly in India, this rebranding could signal Astra Microwave Products' intent to strengthen its position in the defense technology domain. Stakeholders and industry observers will likely watch closely to see how this strategic repositioning impacts the company's future projects and market presence in the defense technology sector.

Astra Microwave Products Limited , a key player in the defense, aerospace, and space electronics systems sector, has reported significant order inflows and ambitious growth targets for the coming years. The company secured orders worth Rs 240 crore in the second quarter of fiscal year 2026, maintaining its growth trajectory in the defense and space sectors.

Financial Performance

For the quarter ended September 30, 2025, Astra Microwave reported the following consolidated results:

Despite a slight dip in revenue, the company managed to maintain its profitability, with the EBITDA margin showing a slight improvement year-over-year.

Order Book and Future Outlook

Astra Microwave's order book stood at a robust Rs 2,209.00 crores as of September 30, 2025, providing visibility for future revenue growth. The company has set ambitious targets for the coming years:

• 15% revenue growth with a 22.3% EBITDA margin for FY26
• Doubling revenue by FY28
• Tripling revenue by FY30

These targets are expected to be achieved through the execution of key projects such as QRSAM, Uttam AESA, and Virupaksha AESA.

Strategic Initiatives

The company's growth strategy includes:

1. Focusing on indigenous development and production of high-end digital communication systems.
2. Expanding capabilities in Software Defined Radio (SDR), Electronic Warfare (EW), and Signal Intelligence (SIGINT) systems.
3. Leveraging joint ventures and partnerships to enhance technological capabilities and market reach.

Market Position

Astra Microwave's strong order book and strategic focus on defense and space sectors position it well to capitalize on India's growing emphasis on indigenous defense production. The company's ability to secure repeat orders from multiple defense agencies underscores its strong market position and technological capabilities.

As India's defense sector continues to expand, with projections indicating significant growth in defense budget and production by 2047, Astra Microwave appears well-positioned to benefit from these industry tailwinds.

While the company faces near-term challenges, as evidenced by the slight decline in quarterly revenue, its robust order book and strategic growth initiatives provide a solid foundation for future expansion. Investors should monitor the execution of key projects and the company's ability to meet its ambitious growth targets in the coming years.