Astra Microwave Products Ltd

Astra Microwave Products Ltd announced that CRISIL Ratings Limited has reviewed and assigned ratings for the company's bank facilities and corporate credit rating, resulting in an upgrade for the Long-Term bank facilities and Corporate Credit Rating to “CRISIL A+/Stable” from “CRISIL A/ Positive,” while reaffirming “CRISIL A1” for the Short-Term bank facilities; the rating rationale was completed on August 31, 2026, and has been uploaded to stock exchanges for investor information and records.

Astra Microwave Products Ltd share price gained 2.12% to Rs 1839.9. The Company's net profit witnessed a sharp fall of 88.35% to Rs 12.35 crore, while revenue from operations dropped sharply 63.82% to Rs 176.66 crore in Q2FY26 over Q1FY26. The market capitalization of Aerospace & Defense industry group stocks on BSE stood at Rs 8.24 lakh crore, rising 9.61%. It has inched up 3.90% over last one week and crept higher by 6% in last one month while the market capitalization of Astra Microwave Products Ltd has softened by 0.05% and 65.54% in the same period respectively. Profit before tax (PBT) of Astra Microwave Products Ltd stood at Rs 15.73 crore in Q2 FY26, plunging by 25.34% year-on-year, and nosediving by 88.85% quarter-on-quarter. EBITDA came in at Rs 31 crore, crashing by 20.19% YoY and tumbling by 80.27% sequentially. Total expenses tumbled by 54.10% to Rs 155.49 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 136.9 crore, registering a fall of 27.26% YoY, while employee benefits expense was at Rs 32.33 crore, collapsing by 44.32% YoY. For the TTM ended FY26, revenue from operations rose 15.66% to Rs 1051.18 crore, while net profit surged by 26.79% to Rs 153.51 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 18896% to Rs 251.49 crore, and PBT soared 28.13% to Rs 203.74 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 90.15 crore in FY26, as against Rs 181.52 crore in FY25. Astra Microwave Products Ltd jumped 89.83% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 2.63% during the same period.

63 Moons Technologies Ltd, Hyundai Motor India Ltd, TD Power Systems Ltd and Netweb Technologies India Ltd are among the other gainers in the BSE's 'A' group today, 31 July 2026.Astra Microwave Products Ltd spiked 11.34% to Rs 1920.95 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 1.69 lakh shares were traded on the counter so far as against the average daily volumes of 27012 shares in the past one month. 63 Moons Technologies Ltd surged 8.94% to Rs 922.8. The stock was the second biggest gainer in 'A' group. On the BSE, 10.37 lakh shares were traded on the counter so far as against the average daily volumes of 53900 shares in the past one month. Hyundai Motor India Ltd soared 8.41% to Rs 2194.85. The stock was the third biggest gainer in 'A' group. On the BSE, 3.35 lakh shares were traded on the counter so far as against the average daily volumes of 42894 shares in the past one month. TD Power Systems Ltd advanced 8.19% to Rs 1144.1. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1.74 lakh shares were traded on the counter so far as against the average daily volumes of 1.43 lakh shares in the past one month. Netweb Technologies India Ltd rose 8.08% to Rs 4536.35. The stock was the fifth biggest gainer in 'A' group. On the BSE, 3.56 lakh shares were traded on the counter so far as against the average daily volumes of 65456 shares in the past one month.

Astra Microwave Products Limited announced it has received an order from Hindustan Aeronautics Limited for the procurement of 122 AAAU and 121 Interface Frames for the Uttam Radar, valued at Rs 2205.23 Crores inclusive of applicable taxes and GST, with an execution period of five years. The order, awarded by a domestic entity under the Ministry of Defence, does not involve any related party transactions and no promoter or group company has any interest in Hindustan Aeronautics Limited.

The board of Astra Microwave Products (AMPL) at its meeting held on 10 June 2026 has approved scheme of arrangement between AMPL and its wholly owned subsidiary Astra Space Technologies (ASTPL / Resulting Company) and their respective shareholders and creditors. The said scheme involves demerger of Space, Meteorology and Hydrology Business (as defined in the Scheme) from AMPL into ASTPL on a going concern basis. ASTPL will issue shares to AMPL shareholders based on a determined share ratio, and the transaction will be carried out as a going concern in compliance with applicable laws and tax provisions.

Astra Microwave Products will hold a meeting of the Board of Directors of the Company on 10 June 2026.

Astra Microwave Products announced that the Board of Directors of the Company at its meeting held on 26 May 2026, inter alia, have recommended the final dividend of Rs 2.4 per equity Share (i.e. 120%) , subject to the approval of the shareholders.

Profit before tax rallied 42.29% to Rs 141.04 crore in Q4 FY26 as against Rs 99.12 crore reported in Q4 FY25. Total expense jumped 10.88% year on year to Rs 353.25 crore during the quarter. The cost of materials consumed was Rs 188.21 crore (up 1% YoY), while employee benefits expense stood at Rs 58.06 crore (up 26.08% YoY) during the period under review. The company has recommended a dividend of Rs 2.40 per equity share (120% of the face value of Rs 2 each) for FY26, subject to shareholders' approval at the ensuing AGM. The record date and AGM date for the dividend payout will be announced in due course. Astra Microwave Products is a defence electronics company. Powered by Capital Market - Live

Net profit of Astra Microwave Products rose 44.21% to Rs 105.98 crore in the quarter ended March 2026 as against Rs 73.49 crore during the previous quarter ended March 2025. Sales rose 19.71% to Rs 488.24 crore in the quarter ended March 2026 as against Rs 407.85 crore during the previous quarter ended March 2025. For the full year,net profit rose 25.71% to Rs 192.97 crore in the year ended March 2026 as against Rs 153.51 crore during the previous year ended March 2025. Sales rose 10.62% to Rs 1162.80 crore in the year ended March 2026 as against Rs 1051.18 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales488.24407.85 20 1162.801051.18 11 OPM %33.0829.04 -28.7025.59 - PBDT154.00110.21 40 304.49238.78 28 PBT141.0499.12 42 260.76203.74 28 NP105.9873.49 44 192.97153.51 26 Powered by Capital Market - Live

Astra Microwave Products will hold a meeting of the Board of Directors of the Company on 26 May 2026.