Astra Microwave Products Limited — Investor Meet, 19-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Astra Microwave reported strong Q2 FY26 results with INR 213 Cr revenue, 21.7% EBITDA margin, and INR 21 Cr PAT. H1 revenue grew 7.2% YoY to INR 410 Cr, with PAT up 13.5% YoY. The standalone order book stands at INR 1,916 Cr, consolidated at INR 2,209 Cr. Management expects INR 400 Cr+ orders in Q3 and INR 600 Cr+ in Q4. The company projects doubling its turnover in 3-4 years (targeting INR 2,250-2,500 Cr by FY30) and ultimately aims for $1 billion revenue. A strategic shift to complete systems and robust domestic defense opportunities underpin a confident long-term outlook.