Astra Microwave Products Limited — PPTs, 13-11-2025: Investor Presentation

Astra Microwave Products delivered a strong H1FY26, with consolidated revenue up 7.7% to Rs. 414 Cr. EBITDA jumped 21.2% to Rs. 89 Cr, and PAT grew 23.3% to Rs. 40 Cr. While Q2FY26 results dipped YoY, consolidated PAT margin held at 11.1%. Defence remains the core revenue driver.

The company's "LEAP" strategy focuses on expanding into new high-potential domains like anti-drone systems, EW, satellites, and SDRs, largely through strategic joint ventures. Significant R&D investments and collaborations aim to boost IP-driven product offerings for domestic and global markets.

Recent developments include forming NavICTRONICS Pvt Ltd in November 2024 for NavIC chip/GNSS products and launching Astra Space Technologies (wholly-owned subsidiary) in February 2024 for satellite equipment. They also delivered AAAU for Air-Borne AESA Radar in 2023.

A robust standalone order book of Rs. 1,916 Cr (70% Defence) as of Sep 30, 2025, signals strong future visibility. Management anticipates major opportunities of Rs. 24,000-25,000 Cr across sectors by FY28, underpinned by India's growing defence and space ambitions.