532493
Astra Microwave Products Ltd
BSELast Traded Price
₹1705.55
+17.25 (+1.02%)
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₹1682.00
High
₹1720.00
Low
₹1670.50
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₹1688.30
Industry
Capital Goods
Market Cap
16,193.35 Cr
Filing History
Recent corporate announcements and filings for 532493
Business Update
Positive
2026-08-22 14:34
- Submission of the Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26.
- Highlights commitment to ESG, with initiatives including a 5-Star GRIHA rating for Bangalore, solar power, STPs, employee development, and CSR programs.
- Established a robust Cyber Risk Management framework and regularly reviews governance policies to ensure effectiveness.
Business Update
Positive
2026-08-19 17:07
- Astra Microwave Products Limited's wholly-owned subsidiary, Astra Space Technologies Private Limited, received regulatory approval to convert from a Private Limited Company to a Public Limited Company.
- The subsidiary's name has changed to Astra Space Technologies Limited (ASTL), effective August 19, 2026.
- There is no change in the shareholding structure; ASTL remains a wholly-owned subsidiary.
Business Update
Positive
2026-08-17 12:10
CRITICAL RED FLAG DETECTED
- Q1 FY27 performance was moderate due to temporary delays, expected to normalize in coming quarters.
- Consolidated order book reached a record INR4,300 crores, including a significant INR2,205 crores order from HAL for Uttam Radar subsystems.
- Targeting FY27 top-line growth of 15-20% to achieve ~INR1,350 crores revenue, and ~INR1,600 crores for FY28.
- Expecting 6-7x FY26 annual turnover in the next 5 years, with INR8,000-9,000 crores order intake over 3-4 years.
- EBITDA margins are expected to be similar to last year with a positive increase.
- Space and Weather divisions will be spun off by April 1, 2027, with FY28 revenue guidance for the new entity of INR300+ crores at 18-20% PBT margin.
- S.G. Reddy is stepping down as Managing Director, with M.V. Reddy and Atim Kabra taking over.
Business Update
Neutral
2026-08-12 11:28
- Investor Meeting Schedule
- Meeting Date: August 18, 2026
- Meeting Time: 03:00 pm onwards
- Meeting Type: Group Meeting with Investors/Analysts
- Location: Hyderabad
Business Update
Neutral
2026-08-11 14:22
- Audio recording of the Q1 & FY27 Results conference call, held on August 11th, 2026, is now available.
- The recording can be accessed at: https://astramwp.com/wp-content/uploads/2026/08/10046403.mp3
Financials
Positive
2026-08-10 16:36
- Q1 FY27 Consolidated Revenue ₹177Cr vs ₹200Cr (▼11.5% YoY)
- EBITDA ₹33Cr vs ₹41Cr (▼19.3% YoY)
- PAT ₹12Cr vs ₹16Cr (▼24.0% YoY)
- EBITDA Margin 18.7% vs 20.5% (▼180bps)
- Company secured a significant order worth ₹2,205 Cr from Hindustan Aeronautics Limited (HAL) in July 2026.
- Management targets topline growth of 10-15% year-on-year and a healthy bottom line.
- Consolidated order book stood at ₹2,849 Cr as on June 30, 2026.
Financials
Negative
2026-08-10 15:15
- Q1 FY27 Consolidated Revenue ₹177Cr vs ₹200Cr (▼12% YoY)
- EBITDA ₹33Cr vs ₹41Cr (▼19% YoY)
- PAT ₹12Cr vs ₹16Cr (▼24% YoY)
- EBITDA Margin 18.7% vs 20.5% (▼180bps)
- Robust order book of ₹2,156 Cr as on June 30, 2026.
Financials
Negative
2026-08-10 13:23
CRITICAL RED FLAG DETECTED
- Q1 FY27 Consolidated Revenue ₹176.66 Cr vs ₹199.73 Cr (▼11.54% YoY)
- EBITDA ₹38.44 Cr vs ₹45.01 Cr (▼14.60% YoY)
- PAT ₹12.35 Cr vs ₹16.27 Cr (▼24.10% YoY)
- EBITDA Margin 21.76% vs 22.54% (▼78 bps)
- Mr. S. Gurunatha Reddy resigned as MD, effective Sep 30, 2026, to focus on the company's demerger of Space, Meteorology, and Hydrology businesses. Dr. M. V. Reddy appointed new MD from Oct 1, 2026.
- The 35th Annual General Meeting will be held on September 18, 2026, at 3:00 P.M. via VC/OAVM.
- Consolidated order book stands at ₹2,849.09 crores as of June 30, 2026.
Financials
Negative
2026-08-10 13:18
CRITICAL RED FLAG DETECTED
- Q1 FY26 Consolidated Revenue ₹176.66 Cr vs ₹199.73 Cr (▼11.54% YoY)
- EBITDA ₹36.05 Cr vs ₹42.50 Cr (▼15.17% YoY)
- PAT ₹12.35 Cr vs ₹16.27 Cr (▼24.12% YoY)
- EBITDA Margin 20.40% vs 21.28% (▼88bps)
- Mr. S. Gurunatha Reddy resigned as Managing Director and Director, effective September 30, 2026, to oversee the company's demerger.
- Dr. M. V. Reddy appointed as the new Managing Director, effective October 1, 2026.
- The 35th Annual General Meeting is scheduled for September 18, 2026.
- Board approved a Scheme of Arrangement for the demerger of its Space, Meteorology, and Hydrology Business.
Financials
Negative
2026-08-10 13:10
- Q1 FY27 Consolidated Revenue ₹176.66Cr vs ₹199.73Cr (▼11.55% YoY)
- EBITDA ₹36.04Cr vs ₹42.48Cr (▼15.16% YoY)
- PAT ₹12.35Cr vs ₹16.27Cr (▼24.12% YoY)
- EBITDA Margin 20.40% vs 21.28% (▼88bps)
- Mr. S. Gurunatha Reddy resigned as Managing Director and Director, effective September 30, 2026, to oversee the ongoing demerger of the Space and Meteorology business.
- Dr. M. V. Reddy appointed as the new Managing Director, effective October 1, 2026.
- The 35th Annual General Meeting is scheduled for September 18, 2026.
Business Update
Neutral
2026-08-05 18:06
- Concall Schedule
- Concall Date: August 11, 2026
- Concall Time: 10:00 AM IST
Governance
Neutral
2026-07-31 17:55
- Board meeting on August 10, 2026 to consider and approve standalone and consolidated un-audited financial results for the quarter ended June 30, 2026.
- Trading window close period: July 1, 2026 to August 12, 2026.
Business Update
Positive
2026-07-30 17:45
- Order Win: Astra Microwave Products Limited won an order from Hindustan Aeronautics Limited
- Order Value: ₹2205.23 Crores
- Completion Timeline: within 5 years
Routine
Neutral
2026-06-24 14:28
- Trading window for promoters, directors, and designated persons will close from July 01, 2026.
- It will remain closed until 48 hours after the declaration of Un-Audited Financial Results for the quarter ended June 30, 2026.
- The date of the Board meeting for considering the results will be intimated later.
Business Update
Neutral
2026-06-16 15:47
- Concall Schedule
- Concall Date: 22nd June 2026
- Concall Time: 10:00 AM onwards
Business Update
Positive
2026-06-10 12:35
- Board approved the demerger of its Space, Meteorology and Hydrology Business into Astra Space Technologies Private Limited (ASTPL).
- The demerged business contributed ₹157 Cr (13.58%) to AMPL's FY2026 turnover.
- The scheme aims to create two sector-focused listed entities for enhanced management and value unlocking.
- Shareholders will receive 1 ASTPL share (₹2) for every 1 AMPL share (₹2) held, with ASTPL to be listed on BSE and NSE.
Business Update
Positive
2026-06-10 12:31
- Board approved demerger of Space, Meteorology and Hydrology Business into Astra Space Technologies Pvt. Ltd. (ASTPL).
- Demerged unit had ₹157 Cr turnover (13.58% of total) in FY2026.
- Strategic move to unlock value; ASTPL shares to be listed with 1:1 ratio.
Business Update
Neutral
2026-06-08 15:15
- Concall Schedule
- Concall Date: 15th & 16th June 2026
- Concall Time: 9:00 am (London Time) onwards
- Organised by: Kotak Institutional Equities
- Location: London
Business Update
Neutral
2026-06-08 15:04
- Analyst/Institutional Investor Meeting Schedule
- Meeting Date: 12th June 2026
- Meeting Time: 10:00 am onwards
- Organised by: DAM Capital
- Location: Hyderabad
Business Update
Neutral
2026-06-04 15:43
- Schedule of Analyst / Institutional Investor Meeting
- Date: 11th June 2026
- Time: 9:30 AM onwards
- Organized by: Citi India
- Place: Hyderabad
Business Update
Neutral
2026-06-04 15:33
- Concall Schedule
- Concall Date: June 10, 2026
- Concall Time: 12:00 pm onwards
- Meeting Type: Group Meeting with Investors/Analysts
- Organized by: Bernstein
Business Update
Neutral
2026-06-01 17:56
- Board meeting scheduled for June 10, 2026.
- To consider a Scheme of Arrangement for demerger.
- Demerger between Astra Microwave Products Limited and Astra Space Technologies Private Limited.
Governance
Neutral
2026-06-01 17:52
- Board Meeting scheduled for June 10, 2026, to consider a Scheme of arrangement of demerger.
- The trading window for insiders will remain closed from June 03, 2026, until 48 hours after the Board Meeting.
Business Update
Positive
2026-06-01 17:15
Management reported a strong FY26 with turnover of INR 1157 crores and significantly improved operating cash flow of INR 370 crores, alongside a recommended dividend of INR 2.40 per equity share. For FY27, they guided for standalone top line growth of 15-20% (sales of INR 1300-1400 crores) and expect to sustain current strong gross margins (around 55%). The consolidated order book stands at INR 2600 crores, with INR 1600+ crores expected to be booked in FY27. The JV, Astra Rafael Comsys, is projected to achieve over INR 600 crores in revenue in FY27 with 18-20% EBITDA margins. Long-term, Astra aims to triple its turnover in 3-4 years, supported by the in-principle demerger of its space, meteorology, and hydrology business for focused growth, and continued investment in R&D and IP-driven systems.
Business Update
Neutral
2026-05-27 12:34
Astra Microwave Products Limited informed the exchanges about the availability of the audio recording of its conference call held on May 27, 2026, to discuss the financial results for the fourth quarter and full fiscal year 2026. The recording is accessible on the company's website.