Astra Microwave Products Limited has announced its audited financial results for the fourth quarter and full fiscal year ending March 31, 2026. The company reported significant year-over-year growth in revenue and profits, alongside an expansion in EBITDA and PAT margins. Key highlights include strong standalone and consolidated performance, a substantial order book, and the Board’s approval for the demerger of its Space, Meteorology, and Hydrology businesses to foster focused growth.
Astra Microwave Products Limited Reports Strong FY26 Performance
Astra Microwave Products Limited has unveiled its audited financial results for the fiscal year ending March 31, 2026. The company has experienced a robust year, marked by substantial revenue growth and improved profitability across both standalone and consolidated operations. The announcement, dated May 26, 2026, details a positive trajectory supported by strategic initiatives and market demand.
Key Financial Highlights (FY26)
Standalone Performance
For the full fiscal year FY26, Astra Microwave Products Limited achieved a revenue from operations of ₹1,156 crore, reflecting a 10.7% year-on-year growth. The company’s EBITDA stood at ₹324 crore with an expanded margin of 28.0%. Profit After Tax (PAT) reached ₹178 crore, indicating a healthy 23.9% year-on-year increase, with PAT margin at 15.4%.
The fourth quarter (Q4 FY26) also demonstrated strong momentum, with revenue from operations at ₹487 crore (a 20.4% YoY increase). EBITDA for the quarter was ₹160 crore (33.6% YoY growth) with a margin of 32.8%, and PAT was ₹105 crore (a 40.3% YoY increase) with a margin of 21.6%.
Consolidated Performance
On a consolidated basis, the revenue from operations for FY26 was ₹1,163 crore, a 10.6% YoY increase. EBITDA grew to ₹334 crore with margins at 28.7%. Consolidated PAT for FY26 stood at ₹193 crore, up 25.7% YoY, with PAT margins at 16.6%.
For Q4 FY26, consolidated revenue was ₹488 crore (19.7% YoY growth), EBITDA was ₹162 crore (35.9% YoY growth) with margins at 33.3%, and PAT was ₹106 crore (44.2% YoY growth) with margins at 21.7%.
Order Book and Geographical Spread
The company’s standalone order book was valued at ₹2,141 crore as of March 31, 2026, with orders worth ₹403 crore received during the quarter. The consolidated order book stood at a robust ₹2,610 crore, including service orders of ₹231 crore.
The geographical spread for FY26 saw India contributing 86.0% to revenue, with Exports accounting for 14.0%. In Q4 FY26, India represented 83.1% and Exports 16.9%.
Strategic Demerger and Future Outlook
In a significant strategic development, the Board of Directors has, in principle, approved the demerger of the company’s Space, Meteorology, and Hydrology business segments. This move is aimed at creating sharper strategic focus, enabling dedicated management teams to pursue sector-specific growth, enhancing governance, and simplifying the corporate structure for clearer investment propositions.
The company reaffirms its commitment to achieving a 10% to 15% topline growth target for FY27, driven by continued progress across key programs and capitalizing on emerging opportunities in both domestic and international markets. The tailwinds in India’s defence electronics sector are noted as particularly strong.
Dividend Recommendation
Astra Microwave Products Limited has recommended a dividend of ₹2.40 per equity share for the financial year 2025-26, which represents 120% on the face value of ₹2/- per share. This recommendation is subject to the approval of the company’s members at the upcoming Annual General Meeting (AGM).
Source: BSE
