Astra Microwave Products Limited has scheduled a board meeting for February 12, 2026, to review and approve its financial performance for the third quarter of fiscal year 2026. The company formally notified both BSE and NSE about the upcoming board meeting through an official communication dated February 04, 2026.

Board Meeting Details

The board meeting will focus on considering and approving both standalone and consolidated unaudited financial results for specific reporting periods. The company will present comprehensive financial data covering its performance during the quarter and nine-month period.

Trading Window Restrictions

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 These measures ensure compliance with securities market guidelines and prevent any potential misuse of unpublished price-sensitive information.

Regulatory Compliance

The announcement follows standard corporate governance practices and regulatory requirements. The company has ensured proper communication channels with both major stock exchanges where its shares are listed.

Stock Exchange Communications:

• BSE Limited notification with scrip code 532493
• National Stock Exchange notification with scrip code ASTRAMICRO
• Formal compliance under Regulation 30 requirements

The board meeting represents a routine quarterly review process where directors will evaluate the company's financial performance and approve results for public disclosure. The trading window closure period provides adequate buffer time around the results announcement to maintain market integrity.

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.