Astra Microwave Products Ltd.

BSE: ASTRAMICRO532493ISIN INE386C01029

Industrials
Aerospace & Defense
BSE 1000

BSE listing

Share price

₹1,632.15+23.10 (+1.44%)

as of 18 Sep 2026

52W high: ₹1,960.00
52W low: ₹835.90
Off 52W high: -16.73%
1M return: -4.16%
3M return: -3.01%
6M return: +83.15%
1Y return: +50.39%
20D avg volume: 38,081
50 DMA: ₹1,723.87
200 DMA: ₹1,261.27

Key ratios Consolidated

Market cap: ₹15,496 Cr
Current price: ₹1,632.15
52W high / low: ₹1,960.00 / ₹835.90
Face value: ₹2.00
P/E: 81.97
P/B: —
EPS (TTM): ₹19.91
Book value / share: —
ROE: —
ROCE: 21.00%
Operating margin: —
Net margin: —
Debt / equity: 0.22
Net debt: ₹112.90 Cr
Interest cover: 5.55
Dividend yield: 0.15%
Dividend / share (TTM): ₹2.40
Payout: 12.05%
Cash conversion cycle: 373.7 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	176.66	488.24	260.25	214.59	199.72	407.85	258.54	229.61	155.18	353.95	231.02	190.12
	2.39	6.99	3.25	5.74	2.52	10.99	2.26	2.18	2.11	2.70	3.59	3.41
	166.30	353.25	202.10	190.28	182.71	318.58	206.79	199.15	149.81	289.16	179.65	160.96
	136.90	188.21	108.25	150.52	131.75	186.36	153.54	152.93	133.43	206.83	117.12	120.42
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	32.33	58.06	40.69	34.85	32.51	45.79	35.48	31.00	29.56	36.05	30.72	25.46
	10.81	14.48	13.02	13.46	14.59	19.19	14.93	12.57	10.43	9.49	8.14	6.23
	11.89	12.96	11.36	10.07	9.34	11.09	9.53	6.21	8.22	6.41	6.63	6.27
	18.21	25.32	20.66	26.31	19.89	22.59	0.62	—	14.36	5.72	12.35	3.73
	12.75	141.98	61.39	30.05	19.53	100.27	54.00	32.64	7.47	67.50	54.96	32.56
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	12.75	141.98	61.39	30.05	19.53	100.27	54.00	32.64	7.47	67.50	54.96	32.56
	3.39	35.06	19.45	8.48	4.80	25.64	14.13	8.31	2.15	16.88	14.12	8.39
	12.35	105.98	46.81	23.90	16.27	73.49	47.43	25.39	7.20	54.40	43.38	30.02
	1.30	11.16	4.93	2.52	1.71	7.74	5.00	2.67	0.76	5.73	4.57	3.16
Key metrics
	35.45	169.42	85.77	53.58	43.46	130.55	78.46	51.42	26.12	83.40	69.73	45.06
	20.10%	34.70%	33.00%	25.00%	21.80%	32.00%	30.30%	22.40%	16.80%	23.60%	30.20%	23.70%
	7.00%	21.70%	18.00%	11.10%	8.10%	18.00%	18.30%	11.10%	4.60%	15.40%	18.80%	15.80%
	—	10.60%	—	3.30%	—	9.90%	—	—	—	—	—	—
	-11.50%	19.70%	0.70%	-6.50%	28.70%	15.20%	11.90%	20.80%	—	—	—	—
	-24.10%	44.20%	-1.30%	-5.90%	126.00%	35.10%	9.30%	-15.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17
Income statement
	1,140	1,163	1,051	908.82	815.52	750.46	640.91	467.22	293.49	365.87	425.02
	18.37	18.49	17.53	11.69	5.47	6.38	10.86	12.16	24.52	8.46	3.88
	911.93	928.34	874.33	773.52	722.07	704.38	610.39	418.95	302.88	294.58	363.24
	583.88	578.73	626.27	558.36	539.59	542.10	486.21	333.54	180.08	141.99	190.97
	0.00	0.00	0.00	—	—	—	—	—	—	—	—
	165.93	166.11	141.82	113.68	95.24	80.63	71.38	71.50	65.03	69.50	—
	51.77	55.56	57.13	31.31	30.52	21.09	23.12	8.46	9.26	12.20	10.93
	46.28	43.73	35.04	24.97	23.65	22.04	23.54	25.76	—	—	—
	90.50	92.17	62.98	14.20	—	15.92	46.47	47.96	37.47	34.70	31.33
	246.17	252.95	194.38	146.99	98.91	52.46	41.38	60.43	15.13	79.74	65.67
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.04
	246.17	252.95	194.38	146.99	98.91	52.46	41.38	60.43	15.13	79.74	65.62
	66.38	67.79	50.23	37.95	26.12	12.34	9.70	15.10	3.60	18.65	11.68
	189.04	192.97	153.51	121.07	69.83	37.87	28.85	44.04	11.54	61.09	53.94
	19.91	20.32	16.17	12.86	8.06	4.37	3.33	5.09	1.13	—	—
Key metrics
	344.22	352.24	286.55	203.27	153.08	95.59	88.04	94.65	24.39	91.94	76.55
	30.20%	30.30%	27.30%	22.40%	18.80%	12.70%	13.70%	20.30%	8.30%	25.10%	18.00%
	16.59%	16.60%	14.60%	13.30%	8.60%	5.00%	4.50%	9.40%	3.90%	16.70%	12.70%
	—	21.00%	20.80%	—	—	—	—	—	—	—	—
	—	10.60%	15.70%	11.40%	8.70%	17.10%	37.20%	59.20%	-19.80%	-13.90%	—
	—	25.70%	26.80%	73.40%	84.40%	31.30%	-34.50%	281.60%	-81.10%	13.30%	—
	—	308.85	-162.44	—	—	—	—	—	—	—	—
	—	2.00	-0.59	—	—	—	—	—	—	—	—
	—	0.22	0.39	—	—	—	—	—	—	—	—
	—	112.90	398.48	—	—	—	—	—	—	—	—
	—	373.7	460.3	—	—	—	—	—	—	—	—
Balance sheet
	—	1,988	1,851	—	—	—	—	—	—	—	—
	—	1,621	1,557	—	—	—	—	—	—	—	—
	—	174.76	25.02	—	—	—	—	—	—	—	—
	—	687.64	786.13	—	—	—	—	—	—	—	—
	—	616.35	615.94	—	—	—	—	—	—	—	—
	—	62.77	56.26	—	—	—	—	—	—	—	—
	—	261.10	222.90	—	—	—	—	—	—	—	—
	—	113.51	76.67	—	—	—	—	—	—	—	—
	—	518.29	644.49	—	—	—	—	—	—	—	—
	—	287.66	423.50	—	—	—	—	—	—	—	—
	—	224.01	384.14	—	—	—	—	—	—	—	—
	—	63.65	39.36	—	—	—	—	—	—	—	—
	—	1,315	1,098	—	—	—	—	—	—	—	—
Cash flow
	—	386.73	-90.15	—	—	—	—	—	—	—	—
	—	80.76	76.32	—	—	—	—	—	—	—	—
	—	-361.65	-51.50	—	—	—	—	—	—	—	—
	—	-77.88	-72.29	—	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	176.21	487.22	258.24	212.96	197.26	404.79	256.67	228.83	153.95	352.58	229.81	188.99
	2.42	7.10	3.34	5.80	2.54	11.08	2.36	2.28	2.24	2.86	3.73	3.56
	165.46	354.47	202.32	190.06	182.54	315.07	206.26	198.44	148.98	287.56	177.34	159.28
	139.82	194.84	113.59	153.09	134.21	187.28	156.59	155.32	137.05	207.90	118.37	122.33
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	29.17	53.98	37.72	32.37	30.04	42.08	32.65	28.85	27.28	33.39	28.52	23.21
	10.81	14.44	12.87	13.29	14.44	19.00	14.75	12.39	10.16	9.18	7.78	5.71
	11.62	12.72	11.12	9.99	9.27	10.99	9.43	6.11	8.12	6.30	6.52	6.19
	17.56	24.43	20.15	25.83	19.41	22.22	0.47	—	13.84	5.47	11.85	3.62
	13.16	139.85	59.25	28.69	17.25	100.80	52.76	32.67	7.21	67.88	56.20	33.27
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	13.16	139.85	59.25	28.69	17.25	100.80	52.76	32.67	7.21	67.88	56.20	33.27
	3.34	34.58	20.38	7.99	4.26	25.71	14.14	8.22	1.98	17.49	14.16	8.42
	9.82	105.26	38.88	20.70	13.00	75.09	38.62	24.45	5.23	50.39	42.04	24.86
	1.03	11.09	4.09	2.18	1.37	7.91	4.07	2.58	0.55	5.31	4.43	2.62
Key metrics
	35.59	167.01	83.24	51.97	40.96	130.79	76.94	51.17	25.49	83.36	70.50	45.17
	20.20%	34.30%	32.20%	24.40%	20.80%	32.30%	30.00%	22.40%	16.60%	23.60%	30.70%	23.90%
	5.60%	21.60%	15.10%	9.70%	6.60%	18.60%	15.00%	10.70%	3.40%	14.30%	18.30%	13.20%
	—	10.70%	—	3.30%	—	10.00%	—	—	—	—	—	—
	-10.70%	20.40%	0.60%	-6.90%	28.10%	14.80%	11.70%	21.10%	—	—	—	—
	-24.50%	40.20%	0.70%	-15.30%	148.60%	49.00%	-8.10%	-1.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17
Income statement
	1,135	1,156	1,044	904.26	807.27	734.96	589.15	461.58	286.16	360.54	425.08
	18.66	18.77	17.97	12.34	5.67	7.30	11.66	12.09	24.49	8.35	3.74
	912.31	929.39	868.76	764.94	710.03	689.52	569.46	411.01	293.90	289.95	360.20
	601.34	595.73	636.24	563.12	539.84	553.40	456.19	324.85	174.89	142.89	192.83
	0.00	0.00	0.00	—	—	—	—	—	—	—	—
	153.24	154.11	130.86	104.39	86.80	73.33	64.15	66.17	61.49	65.89	56.71
	51.41	55.04	56.30	29.62	29.03	19.87	21.43	7.89	8.96	11.92	10.50
	45.45	43.09	34.65	24.58	23.26	21.61	—	25.32	28.57	27.03	24.07
	87.97	89.82	60.78	13.55	—	15.11	42.36	44.71	35.61	33.08	30.36
	240.95	245.05	193.44	151.65	102.91	52.74	31.36	62.66	16.75	78.94	68.61
	0.00	0.00	0.00	—	—	—	—	—	—	—	-0.04
	240.95	245.05	193.44	151.65	102.91	52.74	31.36	62.66	16.75	78.94	68.57
	66.29	67.21	50.06	38.66	26.26	12.45	7.43	15.32	4.21	18.25	12.01
	174.66	177.84	143.39	112.99	76.65	40.29	23.93	47.34	12.54	60.69	56.56
	18.39	18.73	15.10	12.00	8.85	4.65	2.76	5.47	1.45	—	—
Key metrics
	337.81	343.18	284.39	205.85	155.20	94.22	52.79	95.87	54.28	117.89	103.14
	29.77%	29.70%	27.20%	22.80%	19.20%	12.80%	9.00%	20.80%	19.00%	32.70%	24.30%
	15.39%	15.40%	13.70%	12.50%	9.50%	5.50%	4.10%	10.30%	4.40%	16.80%	13.30%
	—	20.80%	20.80%	—	—	—	—	—	—	—	—
	—	10.70%	15.50%	12.00%	9.80%	24.70%	27.60%	61.30%	-20.60%	-15.20%	—
	—	24.00%	26.90%	47.40%	90.20%	68.40%	-49.50%	277.50%	-79.30%	7.30%	—
	—	298.28	-73.95	—	—	—	—	—	—	—	—
	—	2.11	-0.03	—	—	—	—	—	—	—	—
	—	0.22	0.38	—	—	—	—	—	—	—	—
	—	123.09	397.27	—	—	—	—	—	—	—	—
	—	372.6	459.9	—	—	—	—	—	—	—	—
Balance sheet
	—	1,961	1,833	—	—	—	—	—	—	—	—
	—	1,602	1,540	—	—	—	—	—	—	—	—
	—	164.57	21.29	—	—	—	—	—	—	—	—
	—	686.92	782.76	—	—	—	—	—	—	—	—
	—	608.53	608.38	—	—	—	—	—	—	—	—
	—	62.64	55.19	—	—	—	—	—	—	—	—
	—	256.59	221.49	—	—	—	—	—	—	—	—
	—	115.74	75.59	—	—	—	—	—	—	—	—
	—	516.10	635.58	—	—	—	—	—	—	—	—
	—	287.66	418.56	—	—	—	—	—	—	—	—
	—	224.01	379.20	—	—	—	—	—	—	—	—
	—	63.65	39.36	—	—	—	—	—	—	—	—
	—	1,291	1,090	—	—	—	—	—	—	—	—
Cash flow
	—	375.96	-4.96	—	—	—	—	—	—	—	—
	—	86.02	76.22	—	—	—	—	—	—	—	—
	—	-367.54	-101.21	—	—	—	—	—	—	—	—
	—	-77.68	-68.99	—	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +12.70%
Sales CAGR 5Y: +14.43%
Sales CAGR 10Y: —
Profit CAGR 3Y: +32.39%
Profit CAGR 5Y: +49.35%
Profit CAGR 10Y: —
Sales YoY (TTM): +4.33%
Profit YoY (TTM): +15.55%

Consolidated

Sales CAGR 3Y: +12.55%
Sales CAGR 5Y: +12.65%
Sales CAGR 10Y: —
Profit CAGR 3Y: +40.33%
Profit CAGR 5Y: +46.24%
Profit CAGR 10Y: —
Sales YoY (TTM): +4.02%
Profit YoY (TTM): +16.28%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 6.53%

Holder	Type	Holding	Previous	Change
RATNABALI INVESTMENT PRIVATE LIMITED	Public	6.30%	—	—
EMERALD COMPANY PRIVATE LIMITED	Public	4.63%	—	—
HDFC MUTUAL FUND - HDFC DEFENCE FUND	Public	4.34%	—	—
ATIM KABRA	Public	3.53%	—	—
PRAKASH ANAND CHITRAKAR	Promoter	3.41%	—	—
RENUKA CHITRAKAR	Promoter Group	3.12%	—	—
ADVENTZ FINANCE PRIVATE LIMITED	Public	2.90%	—	—
KOTAK LARGE & MIDCAP FUND	Public	2.42%	—	—
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND	Public	2.32%	—	—
TEXMACO INFRASTRUCTURE & HOLDINGS LIMITED	Public	2.27%	—	—
MOUNT INTRA FINANCE PRIVATE LIMITED	Public	2.03%	—	—
GENESIS ADVERTISING PRIVATE LIMITED	Public	1.79%	—	—
STRATEGIC VENTURES LIMITED	Public	1.76%	—	—
MOTILAL OSWAL NIFTY INDIA DEFENCE INDEX FUND	Public	1.17%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

as per covering letter18 Sep 2026 · AGM/EGM / AGM
As per covering Letter18 Sep 2026 · AGM/EGM / AGM
as per covering letter31 Aug 2026 · Company Update / Credit Rating
as per covering letter24 Aug 2026 · Company Update / Newspaper Publication
as per covering letter22 Aug 2026 · Company Update / General
as per covering letter22 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
as per covering letter22 Aug 2026 · Others / Reg. 34 (1) Annual Report
as per covering letter22 Aug 2026 · AGM/EGM / AGM
as per covering letter19 Aug 2026 · Company Update / General
as per covering letter17 Aug 2026 · Company Update / Earnings Call Transcript
as per covering letter12 Aug 2026 · Company Update / Analyst / Investor Meet
as per covering letter11 Aug 2026 · Company Update / Newspaper Publication
as per covering letter11 Aug 2026 · Company Update / Earnings Call Transcript
as per covering letter10 Aug 2026 · Company Update / Monitoring Agency Report
as per covering letter10 Aug 2026 · Company Update / Press Release / Media Release
as per covering letter10 Aug 2026 · Corp. Action / Record Date
as per covering letter10 Aug 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
as per covering letter.10 Aug 2026 · Company Update / Investor Presentation
as per covering letter10 Aug 2026 · Company Update / Change in Management
as per covering letter10 Aug 2026 · Board Meeting / Outcome of Board Meeting
as per covering letter10 Aug 2026 · Result / Financial Results
as per covering letter5 Aug 2026 · Company Update / Analyst / Investor Meet
Astra Microwave Products Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve as per covering letter31 Jul 2026 · Board Meeting / Board Meeting
as per covering letter30 Jul 2026 · Company Update / Award of Order / Receipt of Order
as per covering letter3 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
as per covering letter.24 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
as per covering letter16 Jun 2026 · Company Update / Analyst / Investor Meet
as per covering letter10 Jun 2026 · Board Meeting / Outcome of Board Meeting
as per covering Letter10 Jun 2026 · Company Update / Scheme of Arrangement
as per covering letter8 Jun 2026 · Company Update / Analyst / Investor Meet
as per covering letter8 Jun 2026 · Company Update / Analyst / Investor Meet
as per covering letter4 Jun 2026 · Company Update / Analyst / Investor Meet
as per covering letter4 Jun 2026 · Company Update / Analyst / Investor Meet
Astra Microwave Products Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/06/2026 ,inter alia, to consider and approve as per covering letter1 Jun 2026 · Board Meeting / Board Meeting
as per covering letter1 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
as per covering letter1 Jun 2026 · Company Update / Earnings Call Transcript
as per covering letter27 May 2026 · Company Update / Newspaper Publication
as per covering letter27 May 2026 · Company Update / Earnings Call Transcript
as per covering letter26 May 2026 · Company Update / Investor Presentation
as per covering letter26 May 2026 · Company Update / Press Release / Media Release

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 2.4000	11 Sep 2026	11 Sep 2026	—
Final Dividend - Rs. - 2.2000	10 Sep 2025	10 Sep 2025	—
Final Dividend - Rs. - 2.0000	23 Aug 2024	—	—

Board meetings

10 Aug 2026 Board Meeting - Financial Results