Astra Microwave Products Limited — PPTs, 07-02-2025: Investor Presentation

**Financial Highlights:** Astra Microwave Products reported a solid performance with Q3 FY25 revenue increasing by 11.9% YoY to ₹259 Cr, while EBITDA rose 15.3% YoY to ₹77 Cr, translating to an EBITDA margin of 29.5%. PAT saw a notable increase of 39.3% YoY to ₹47 Cr. The financial results for the quarter and half-year show a gross profit margin of 48.0%, reflecting the company’s strong operational efficiency.

**Strategic Initiatives and Growth Drivers:** The company continues to leverage robust sectoral tailwinds, particularly within the defense and aerospace sectors. Its order book has diversified and strengthened, with a current value of ₹1,960 Cr, which is more than double the revenue from FY24.

**Business Developments:** Astra has received orders across several segments, including defense and exports, contributing significantly to revenue. The order processing is efficient, with substantial amounts executed in Q3.

**Market Position and Competitive Advantage:** Astra Microwave is strategically positioned to benefit from India's increasing defense spending and indigenous manufacturing policies. The company has developed significant expertise in radar and electronic warfare systems.

**Investor Implications:** The positive outlook for Astra Microwave is reinforced by a healthy order book and strong demand in the market, presenting potential growth opportunities for investors as the company is well-placed to capture a larger market share in upcoming defense contracts.