| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 488.24 | 87.6% | 19.7% |
| Total Income | 495.23 | 88.0% | 18.2% |
| Expenditure | 353.25 | 74.8% | 10.9% |
| PBT | 141.98 | 131.3% | 41.6% |
| Net Profit | 105.98 | 126.4% | 44.2% |
| OPM | 33.27% | 1.56pp | 3.96pp |
| NPM | 21.40% | 3.63pp | 3.86pp |
| EPS | 11.16 | 126.4% | 44.2% |
Astra Microwave FY26 Revenue Up 10.7% YoY to ₹1,156 Cr
26 May 2026 · 26 May, 5:02 pm
Summary
Astra Microwave Products Limited reported strong financial results for Q4 and FY26, with consolidated revenue for Q4FY26 climbing 20.4% year-over-year to ₹487 crore. For the full fiscal year, consolidated revenue grew 10.7% to ₹1,156 crore, accompanied by a 250 basis point expansion in EBITDA margin to 28.0%. Consolidated Profit After Tax (PAT) for FY26 increased by 23.9% to ₹178 crore, reflecting an improved PAT margin of 15.4%. Managing Director Mr. S G Reddy highlighted FY26 as another strong year with highest-ever revenue, margin expansion, and a favourable revenue mix, while reaffirming a 10% to 15% topline growth target for FY27. The company's consolidated order book stood at ₹2,610 crore, and the Board approved the demerger of the Space, Meteorology, and Hydrology business to sharpen focus and capitalize on growth opportunities.
Key Highlights
- 1
Astra Microwave Products Limited reported consolidated revenue from operations for Q4FY26 at ₹487 crore, marking a significant 20.4% increase year-over-year.
- 2
For the full fiscal year FY26, consolidated revenue from operations reached ₹1,156 crore, reflecting a robust 10.7% growth compared to the previous year.
- 3
Consolidated EBITDA for FY26 expanded to 28.0%, a 250 basis point improvement, resulting in a higher consolidated PAT margin of 15.4%.
- 4
Consolidated Profit After Tax (PAT) for FY26 stood at ₹178 crore, demonstrating a 23.9% year-over-year growth.
- 5
The company ended FY26 with a strong consolidated order book of ₹2,610 crores as on March 31, 2026, with new orders worth ₹403 crores received during Q4FY26.
- 6
The Board of Directors recommended a dividend of ₹2.40 per equity share (120% on face value of ₹2/- each) for the financial year 2025-26, subject to shareholder approval.
- 7
The Board also approved in principle the demerger of the Space, Meteorology, and Hydrology business to enhance strategic and operational focus.
Management Comments
Mr. S G Reddy
I am pleased to announce that FY26 has been another strong year for the company. We have recorded our highest-ever revenue, accompanied by margin expansion and a favorable revenue mix. During FY26, we achieved standalone revenue of Rs. 1,156 crores with 10.7% YoY growth. At the same time, EBITDA margin expanded by 250 bps to 28.0%, resulting in a higher PAT margin of 15.4%. This growth was backed by record performance during Q4 FY26, with revenues of Rs. 487 crores, reflecting 20.4% YoY growth. Further, EBITDA on a quarterly basis stood at Rs. 160 crores with margins of 32.8%, and PAT of Rs. 105 crores with a margin of 21.6%. Our consolidated order book stands at Rs. 2,610 crore which includes service orders of Rs.231 crores. We continue to see robust opportunities in both domestic and international markets. With continued progress across key programs we reaffirm our 10% to 15% topline growth target for FY27. On the strategic front, in Q4 FY26, the Board of Directors in principle approved the demerger of our Space, Meteorology, and Hydrology business. The aim of this move is to create sharper strategic and operational focus for each business segment. This new structure will allow dedicated management teams to pursue sector-specific growth opportunities, enhance governance and accountability, simplify the corporate structure, and create clearer investment propositions for shareholders. Furthermore, it will enable us to capitalise on emerging opportunities both in India and globally. Over the medium to long term, we expect this restructuring to drive focused growth, better capital allocation, and improved operational efficiency. The tailwinds for India's defence electronics sector have rarely been as multi-dimensional as they are today. With the proposed demerger, the company is well prepared to embrace these massive opportunities in both EW and Space.
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