Astra Microwave Products
- Market cap
- ₹ 14,146 Cr.
- P/E
- 74.6x
- P/B
- 11.14x
- 52-week range
- 851 – 1,960
- ROE
- 16%
- ROCE
- 20%
- Dividend yield
- 0.2%
- Debt / equity
- 0.22
- Sector
- Aerospace & Defense
- Industry
- Aerospace & Defense
- Listed on
- NSE, BSE
About
Astra Microwave Products Limited is engaged in the business of designing, developing, and manufacturing and supplying value-added radio frequency and microwave super components, sub-systems and systems. Its products include AESA AAAU: AAAU for Uttam Radar, PPTR: Pulsed Phased Array Tracking Radar, PATM-II: Phased Array Auto Track telemetry (PATM) Antenna System, Drishti d4 Radar, DWR: X, C-Band Doppler Weather Radar Systems, and SRES: Radiation Mode Test & Evaluation facility for Radar EW Systems. The Company provides cutting-edge technological solutions for defense, space, meteorology, homeland security, systems integration, antenna technology, global navigation satellite systems, and unmanned ground vehicles. Its outdoor antenna test range offers a realistic testing environment for antennas. Its subsidiaries include Bhavyabhanu Electronics Private Limited, Aelius Semiconductors Pte. Ltd., Astra Foundation, and Astra Space Technologies Private Limited.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Aerospace & Defense: 33 companies →Astra Microwave Products against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)74.6 against a typical 72.2: pricier than most peers (1st = cheapest).19th of 33
- Sales growth−11.5% against a typical +30.4% from a year earlier.23rd of 28
- Profit growth−25% against a typical +8.9% from a year earlier.18th of 27
- Share price, 3 months−11.5% against a typical −2%.24th of 32
- Size₹ 14,145.7 Cr. market value against a typical ₹ 4,442.2 Cr. (1st = largest).6th of 28
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A+ by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A+ | Stable | 28 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 28 Aug 2026 | ▲ Upgrade1 notch | Crisil A → Crisil A+ | — | CRISIL | ₹ 1,786.5 Cr. | |
| 11 Dec 2025 | Reaffirmed | Crisil A | — | CRISIL | ₹ 1,536.5 Cr. |
Research by Minerva Capital Research Solutions
Our research team's work on Astra Microwave ProductsAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 10 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 10 Jun 2026 | Other business matters | Intimation of Board Meeting for consideration of Scheme of Arrangement, as per Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements), Regulation, 2015 |
| 26 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 12 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 13 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 190 | 231 | 354 | 155 | 230 | 259 | 408 | 200 | 215 | 260 | 488 | 177 |
| Expenses | 148 | 165 | 273 | 131 | 180 | 182 | 289 | 159 | 167 | 178 | 327 | 144 |
| Operating Profit | 42 | 66 | 81 | 24 | 49 | 76 | 118 | 41 | 48 | 83 | 161 | 33 |
| OPM % | 22% | 29% | 23% | 15% | 21% | 29% | 29% | 20% | 22% | 32% | 33% | 19% |
| Other Income | 9 | 6 | 6 | 4 | 3 | 10 | 11 | 4 | 8 | 8 | 7 | 5 |
| Interest | 6 | 8 | 9 | 10 | 13 | 15 | 19 | 15 | 13 | 13 | 14 | 11 |
| Depreciation | 6 | 7 | 6 | 8 | 6 | 10 | 11 | 9 | 10 | 11 | 13 | 12 |
| Profit before tax | 38 | 57 | 71 | 9 | 34 | 62 | 99 | 21 | 32 | 66 | 141 | 16 |
| Tax % | 22% | 25% | 24% | 23% | 25% | 23% | 26% | 23% | 26% | 29% | 25% | 21% |
| Net Profit | 30 | 43 | 54 | 7 | 25 | 47 | 73 | 16 | 24 | 47 | 106 | 12 |
| EPS in Rs | 3.16 | 4.57 | 5.73 | 0.76 | 2.67 | 5 | 7.74 | 1.71 | 2.52 | 4.93 | 11.16 | 1.3 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 11%
- 5 Years
- 13%
- 3 Years
- 13%
- TTM
- 4%
- 10 Years
- 13%
- 5 Years
- 46%
- 3 Years
- 40%
- TTM
- 16%
- 10 Years
- 31%
- 5 Years
- 62%
- 3 Years
- 70%
- TTM
- —
- 10 Years
- 11%
- 5 Years
- 13%
- 3 Years
- 15%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Astra Microwave Products | ₹ 1,573.50 | ₹ 14,146 Cr. | 74.6x | 11.1x | 16% | — |
| Hindustan Aeronautics | ₹ 4,718.05 | ₹ 3,15,531 Cr. | 33x | 7.3x | 24% | 27.6% |
| Bharat Electronics | ₹ 360.10 | ₹ 2,63,225 Cr. | 49.4x | 12.5x | 27.6% | 21.8% |
| Bharat Dynamics | ₹ 1,017.00 | ₹ 37,279 Cr. | 109.4x | 10.9x | 10.2% | 17.2% |
| Data Patterns (India) | ₹ 3,788.95 | ₹ 21,212 Cr. | 83.6x | 13.2x | 16.7% | 29.3% |
| Aequs | ₹ 235.80 | ₹ 15,804 Cr. | — | 10.3x | — | — |
Management
- Srinivasarao Devathi
- Chief Financial Officer
- Thallapalli Anjaneyulu
- Compliance Officer, Company Secretary
- Maram Venkateshwar Reddy
- Joint Managing Director, Executive Director
- S.Gurunatha Reddy
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.