Astra Microwave Products Reports Strong Q1 FY26 Results, Plans Investment in Advanced Defense Systems
Astra Microwave Products Limited reported robust Q1 FY26 financial results with significant growth in revenue and profitability. Standalone revenue increased by 28.1% to Rs. 197.00 crores, while net profit surged 148.1% to Rs. 13.00 crores. The company announced plans to invest in advanced radar, electronic warfare, and communication systems. With a strong order book of Rs. 1,891.00 crores and a recent Rs. 135.00 crore order from DRDO, Astra Microwave is well-positioned for future growth. The company also made several corporate governance updates, including the appointment of new secretarial auditors and scheduling of the Annual General Meeting.
Astra Microwave Products Limited reported robust Q1 FY26 results with standalone revenue up 28.1% YoY to Rs 197.00 crores. Net profit increased to Rs 13.00 crores from Rs 5.00 crores. Consolidated revenue grew 28.7% to Rs 200.00 crores with net profit up 126% to Rs 16.00 crores. The company's standalone order book stood at Rs 1,890.95 crores. Key corporate developments include appointment of a new Secretarial Auditor, changes to company documents, scheduling of AGM, and a preferential issue of convertible warrants raising Rs 43.50 crores upfront. The company also secured a Rs 135.00 crore order from DRDO for radar system upgradation.
13Aug 25
Astra Microwave Products Reports Q1 Results, Announces Board Changes and AGM Date
Astra Microwave Products Limited reported impressive Q1 financial results with standalone revenue of Rs. 19,725.70 lakhs and profit of Rs. 1,299.62 lakhs. The company's order book stands at Rs. 1,890.95 crores. Board changes include appointment of secretarial auditors, alterations to company documents, and continuation of a non-executive director. Two new independent directors were appointed through postal ballot. The company received Rs. 43.50 crores for convertible warrants and scheduled its 34th AGM for September 17.
Astra Microwave Products Ltd has shown exceptional performance with a 980% stock price increase over five years and 38% growth recently. The company reported record financial results with revenue of Rs 1044 crore (15.50% YoY growth) and net profit of Rs 143 crore (27% YoY growth). Despite this strong performance, analysts are cautious about near-term prospects, with an average price target suggesting 8.90% potential growth. Valuation concerns have emerged due to the stock's remarkable run.
Astra Microwave Products Ltd has received initial approvals from BSE and NSE to issue 20.13 lakh convertible warrants at ₹864.00 each, potentially raising ₹174.00 crore. This move signals a strategic effort to raise capital for the defense electronics company. The warrant issue is subject to further regulatory requirements and shareholder approvals.
22May 25
Astra Microwave Products Reports Strong Q4 Performance, FY25 Revenue Falls Short of Guidance
Astra Microwave Products announced Q4 FY25 results with revenue up 15.80% to ₹4,100.00 crore, EBITDA up 48.70% to ₹1,200.00 crore, and net profit up 35.10% to ₹735.00 crore. EBITDA margin improved to 29.31%. However, FY25 revenue of ₹10,500.00 crore fell short of ₹12,000.00 crore guidance. The company declared a dividend of ₹2.20 per share for FY25.
Astra Microwave Products Ltd., a key player in India's defense and aerospace industry, has announced plans to issue convertible warrants worth ₹174.00 crore. While specific details about the terms, purpose, and timeline are yet to be disclosed, this move could potentially be aimed at raising capital for operations, expansion, strategic investments, or debt restructuring. The market's response to this development is anticipated as investors await further information about the warrant issuance.