Astra Microwave Products Limited , a leading defense electronics company, has reported a strong start to the fiscal year with significant growth in revenue and a robust order book. The company's performance underscores its pivotal role in India's defense sector and its expanding capabilities in radar systems and space technologies.

Q1 Performance Highlights

Astra Microwave recorded standalone revenue of INR 197.00 crores for Q1, marking a substantial 28.1% year-over-year increase. This growth reflects the strength of the company's core business and its ability to capitalize on the expanding opportunities in the defense and aerospace sectors.

Robust Order Book and Future Prospects

The company's standalone order book stands at INR 1,891.00 crores as of June 30, providing strong visibility for future quarters. Additionally, its joint venture, Astra Rafael Comsys Private Limited (ARC), holds an order book exceeding INR 400.00 crores.

S. G. Reddy, Managing Director of Astra Microwave, expressed confidence in the company's growth trajectory, stating, "We are expecting order inflows of INR 1,300.00-1,400.00 crores for the fiscal year and are targeting 18-20% revenue growth while aiming to maintain or slightly improve profit margins."

Strategic Developments and Key Programs

Astra Microwave has secured several significant orders and is involved in critical defense programs:

1. DRDO Contract: The company received a INR 135.00 crore order from the Defense Research and Development Organization (DRDO) for ground-based radar system upgradation.

2. Virupaksha Radar Program: Astra Microwave has secured orders for Active Array Antenna Units for the Virupaksha radar program, demonstrating its expertise in advanced radar technologies.

3. Uttam Radar: The company is actively involved in the development of the Uttam radar for the LCA Mk1A aircraft, with potential orders in the pipeline.

4. Shipborne Radar: A development contract for shipborne radar is nearing completion, with potential follow-on orders from the Indian Navy.

5. Missile Programs: Astra Microwave is contributing to X-band seeker development for missile programs, with expectations of significant orders in the coming years.

Diversification and Technology Advancements

The company is expanding its capabilities across multiple domains:

• Space Sector: Astra Microwave has established a wholly-owned subsidiary, Astra Space Technologies Private Limited, to focus on space business opportunities. The company is setting up clean room facilities in Bangalore for satellite assembly and integration.

• Weather Radars: The company is a key player in the Mausam program, supplying Doppler weather radars and developing indigenous software for weather data interpretation.

• Anti-Drone Systems: Astra Microwave is actively participating in over three dozen programs related to anti-drone systems, positioning itself in this rapidly growing market segment.

• Ground Penetrating Radar: The company has developed a handheld ground penetrating radar, with potential orders expected from paramilitary forces.

Outlook

Dr. M.V. Reddy, Joint Managing Director, commented on the company's future prospects: "With a strong order inflow, healthy pipeline, and strengthened technology capabilities, we are confident of delivering consistent growth and creating long-term value for our stakeholders."

Astra Microwave's focus on executing strategic contracts, expanding into new market segments, and developing indigenous technologies positions it well for sustained growth in the evolving defense and aerospace landscape. The company's diversified portfolio and strong order book provide a solid foundation for its ambitious growth targets in the coming years.

As India continues to emphasize self-reliance in defense manufacturing, Astra Microwave Products Limited appears well-positioned to play a crucial role in the nation's strategic capabilities across multiple domains.

Astra Microwave Products Limited , a leading player in the design and manufacture of defense, aerospace, and space electronics systems, has reported robust financial results for the first quarter of fiscal year 2026 and announced plans for strategic investments in advanced defense technologies.

Q1 FY26 Financial Highlights

The company's standalone financial results for Q1 FY26 show significant growth:

• Revenue increased by 28.1% year-over-year to Rs. 197.00 crores
• EBITDA grew by 65.3% to Rs. 38.00 crores, with margins expanding from 15.1% to 19.5%
• Net profit more than doubled, surging 148.1% to Rs. 13.00 crores

On a consolidated basis, Astra Microwave's performance was equally impressive:

• Revenue rose by 28.7% to Rs. 200.00 crores
• EBITDA jumped 70.6% to Rs. 41.00 crores, with margins improving from 15.5% to 20.5%
• Net profit increased by 126.2% to Rs. 16.00 crores

Strategic Investments in Advanced Defense Systems

Astra Microwave has announced plans to invest in advanced radar, electronic warfare, and communication systems. The company aims to leverage the Indian government's 'Make in India' defense initiatives while expanding its global presence to achieve steady growth.

Strong Order Book and Recent Contract

As of June 30, 2025, Astra Microwave's standalone order book stood at Rs. 1,891.00 crores, providing clear revenue visibility. The company received new orders worth Rs. 138.00 crores during Q1 FY26.

Notably, in August 2025, Astra Microwave secured a significant Rs. 135.00 crore order from the Defence Research and Development Organisation (DRDO) for radar system upgradation, highlighting its technological leadership in advanced defense solutions.

Management Commentary

Mr. S. G. Reddy, Managing Director of Astra Microwave Products Limited, commented on the company's performance: "We had a stellar start to the fiscal, with solid execution, operational efficiencies, and a favorable business environment driving margin expansion across all profitability metrics. We see significant opportunities in areas like QRSAM, missiles, space, among others."

Corporate Governance Updates

The company has made several key announcements related to corporate governance:

1. Appointment of M/s. L.D. Reddy & Co. as Secretarial Auditors for a term of 5 years, subject to shareholder approval.
2. Proposed alterations to the Memorandum and Articles of Association, to be approved at the upcoming Annual General Meeting.
3. The 34th Annual General Meeting is scheduled for September 17, 2025, to be held through video conferencing.
4. Continuation of Mr. Prakash Anand Chitrakar as a Non-executive Director beyond the age of 75, subject to shareholder approval.

Conclusion

Astra Microwave Products Limited's strong Q1 FY26 results, coupled with its strategic focus on advanced defense systems and a healthy order book, position the company well for continued growth in the defense and aerospace electronics sector. The management's optimism about future opportunities in key areas like QRSAM, missiles, and space technologies further underscores the company's potential for expansion in the coming years.