Astra Microwave Products Limited has scheduled a comprehensive review of its third quarter fiscal year 2026 performance through a board meeting followed by an earnings call with analysts. The company has formally notified both BSE and NSE about these important corporate events.

Board Meeting Details

The board meeting scheduled for February 12, 2026, will focus on considering and approving both standalone and consolidated unaudited financial results. The company will present comprehensive financial data covering its performance during the quarter and nine-month period ended December 31, 2025.

Earnings Call with Analysts

Following the board meeting, the company has scheduled an earnings call for February 13, 2026, at 10:00 AM IST to discuss operational and financial performance for Q3 & 9M FY26 with analysts and stakeholders.

Trading Window Restrictions

The company has implemented trading restrictions in accordance with its insider trading regulations to ensure compliance with securities market guidelines and prevent potential misuse of unpublished price-sensitive information.

Regulatory Compliance

Both announcements follow standard corporate governance practices and regulatory requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has ensured proper communication with both major stock exchanges where its shares are listed with scrip codes 532493 (BSE) and ASTRAMICRO (NSE).

Astra Microwave Products ' joint venture has secured a major defence contract worth ₹275.27 crore from the Indian Air Force, providing significant momentum to the company's order book. The contract encompasses critical military aviation upgrades and procurement activities to be completed within a 12-month timeframe.

Major Defence Contract Details

Astra Rafael Comsys Private Limited, the joint venture company of Astra Microwave Products, won the comprehensive order covering multiple aspects of military aircraft enhancement. The contract includes integration of Software Defined Radio (SDR) systems on MiG-29 aircraft, installation of Network Centric Application (NCO) on MiG-29 aircraft, and procurement of 24 SDRs specifically for LCA Mk-1A aircraft.

Financial Performance Overview

The company reported challenging Q2FY26 results, reflecting softer market conditions. Revenue declined 6.50% year-on-year to ₹215.00 crore, while net profit decreased 4.00% to ₹24.00 crore, indicating margin pressure amid lower business activity.

Revenue Mix and Diversification

Astra Microwave Products maintains a defence-heavy revenue composition, with defence contributing 77.40% in Q2FY26. The company has shown gradual diversification efforts with exports improving to 14.20% and meteorological revenues rising to 5.80%. Space applications remain a smaller but consistent contributor to the overall revenue profile.

Strong Order Book Position

The company maintains a robust standalone order book of approximately ₹1,916.00 crore, with defence and public-sector orders forming nearly 70.00% of the total mix. During Q2FY26, fresh orders worth ₹238.00 crore were secured while ₹213.00 crore worth of orders were executed, demonstrating healthy order inflows and sustained execution capabilities across defence, space, and allied segments.

Strategic Partnerships

Astra Microwave Products has established a strategic collaboration with Bharat Electronics Limited for joint design and manufacturing of advanced defence and aerospace electronics. This partnership focuses on critical areas including electronic warfare systems, radar technology, and satellite applications, supporting indigenous capability development without involving equity arrangements or related-party structures.