Astra Microwave Products Limited — Investor Meet, 20-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Astra Microwave reported a strong Q1 FY26, with standalone revenue up 28.1% YoY to INR 197 crore and improved profit margins. The standalone order book stands at INR 1,891 crore. Significant orders include a INR 135 crore DRDO project and an expected INR 800+ crore from its JV, Astra Rafael Comsys, by March 2026. Astra is diversifying into space (INR 239 crore orders) and weather radars, with a strong focus on indigenous innovation and anti-drone systems. Management is confident in sustaining 18-20% annual revenue growth, citing a robust order pipeline and strategic initiatives for long-term value creation.