Astra Microwave Products Ltd (NSE:ASTRAMICRO)
₹ 1,734.7 -105.3 (-5.72%) Market Cap: 174.69 Bil Enterprise Value: 175.04 Bil PE Ratio: 85.53 PB Ratio: 12.53 GF Score: 66/100

Q3 2026 Astra Microwave Products Ltd Earnings Call Transcript

Feb 12, 2026 / 04:30 AM GMT
Release Date Price: ₹903.95 (-0.39%)

Key Points

Positve
  • Astra Microwave Products Ltd (BOM:532493) delivered its best-ever performance in Q3 FY26, with a standalone revenue of 258 crores and a profit after tax margin close to 39%.
  • The company's order book has crossed the 2000 crore mark, providing strong visibility for upcoming quarters.
  • Astra Microwave Products Ltd (BOM:532493) signed an MOU with Bharat Electronics to strengthen indigenous design and production capabilities in key defense technologies.
  • The company is expanding its presence in the space domain, partnering with startups to capture opportunities in both domestic and global markets.
  • Astra Microwave Products Ltd (BOM:532493) is on track to achieve its order guidance for the year, with a strong pipeline of orders and strategic wins in critical defense and weather segments.
Negative
  • The company faces execution challenges due to delays in approvals and inspections, impacting project timelines.
  • Astra Microwave Products Ltd (BOM:532493) has high inventory levels due to long gestation product cycles and lengthy delivery schedules, which could pose a risk of obsolescence.
  • The defense sector's working capital intensity requires creative financing solutions to ensure smooth operations.
  • Despite strong order visibility, the company projects only a 10% revenue growth for the current year and 15% for the next year, which some investors find underwhelming.
  • The company is not directly involved in certain high-profile defense programs, limiting its immediate contribution to those projects.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ASTM.NS - Astra Microwave Products Ltd
Q3 2026 Astra Microwave Products Ltd Earnings Call
Feb 13, 2026 / 04:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to the Astra Microwave Products Limited Q3 FY26 earnings conference call.

This conference call may contain forward-looking statements about the company which are based on the beliefs, opinions, and expectations of the company as of the date of this call. These statements are not the guarantees of future performance and involve risks and uncertainties that are difficult to predict.

As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after this presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing, then 0 on your
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