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Astra Microwave

Q1 FY27Aerospace & Defense

Astra Microwave Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹1,705
Market cap₹15.8K Cr
P/E83.5
Updated25 Aug 2026
Read4 min read

What the Q1 FY27 call signalled

2 of 5 strong

RevenueRank 3
MarginRank 3
CapexYes
FundraiseNo
Order bookYes

The short version

Future Growth Expectations for Astra Microwave Products Limited: - Targeting top-line growth of 15% to 20% annually. Astra Microwave expects to achieve 6 to 7 times revenue growth over the next 5 years compared to FY26, driven primarily by defense orders.

From Astra Microwave's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Revenue & Sales Performance

Rank 3
Future Growth Expectations for Astra Microwave Products Limited: - Targeting top-line growth of 15% to 20% annually. - Expecting 6 to 7 times revenue growth over the next 5 years compared to FY26. - Order intake guidance of INR 8,000 to 10,000 crores over the next 3 to 4 years. - Execution of current order book spread over 5 to 6 years, with significant orders like Uttam radar spanning 4 to 5 years. - Revenue expected to surpass INR 1,600 crores by next year, with a different trajectory from FY29 onward driven by production orders. - Sustainable growth anticipated in meteorology and space segments, with new radar solutions and satellite launches planned. - Growth supported by new product development, enhanced market competitiveness, and entry into data monetization and international supply chains. Overall, management expresses strong confidence in sustained, multi-year growth fueled by defense, space, and meteorological programs.

Profitability & Margins

See what Astra Microwave said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Yes
  • Current business primarily focused on Government of India programs in defense, space, and meteorology.
  • Space business to be demerged into a separate listed entity by April 1, 2027, expected to start with INR 300+ crores revenue run rate.
  • Upcoming launch of own satellite as part of a consortium within 6 months of the space business becoming independent, indicating future capex in satellite and data monetization.
  • Development underway on new radar technologies in meteorology (Avalanche Radar, enhanced weather forecasting) with demand expected for 8-10 years.
  • Active investment in programs like BrahMos new generation RF seekers, AMCA Active Antenna Array Unit development indicating ongoing R&D capex.
  • Focus on personnel, infrastructure, and SAP/HANA migration completed to support scaling operations and smooth demerger.
  • Intention to participate in international supply chains and global markets beyond domestic government contracts likely to require strategic investments.

Top-ranked in Aerospace & Defense

Ranked on what management guided this quarter

5x potential
1Rossell Techsys
Rev 1Mar 1
2Shree Refrigerations Ltd
Rev 1Mar 2
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 1Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Astra Microwave said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Yes
  • Current total order book as of August 2026: INR 4,300 crores (including Uttam Radar order, which doubled the order book).
  • Astra Rafael Comsys (joint venture) order book: INR 836 crores.
  • Planned sales for Astra Rafael Comsys in current year: INR 360 crores.
  • Expected order booking for entire financial year: Approximately INR 1,600 crores.
  • Order book execution timeline: Most orders to be executed within next 2 years, except Uttam Radar (5-year execution till FY32).
  • New order wins include AAAU for AMCA program (awaiting contract), Bharat Electronics MMIC chipsets order worth INR 45 crores.
  • Additional expected order inflows from programs like QRSAM, ARC, Su-30, and other defense subsystems.
  • Short-cycle orders are limited; majority of orders have medium to long execution cycles.

Astra Microwave — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹488 Cr, net profit ₹106 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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What Astra Microwave Products Ltd's management said in earlier quarters

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  • Aequs Ltd (Q1 FY27)

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  • C2C Advanced Systems Ltd (Q1 FY27)

    The company is bullish on its current position, especially in global markets where margins are higher compared to India (India margins ~25% net; overseas…

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Frequently Asked Questions

What were Astra Microwave Q1 FY27 results?

Future Growth Expectations for Astra Microwave Products Limited: - Targeting top-line growth of 15% to 20% annually. Astra Microwave expects to achieve 6 to 7 times revenue growth over the next 5 years compared to FY26, driven primarily by defense orders.

What is Astra Microwave share price analysis?

Astra Microwave currently shows a below-average growth signal. The stock trades at a P/E of 83.5 with a market cap of ₹15,782 Cr. Investors should review the full earnings analysis for detailed insights.

Is Astra Microwave planning capital expenditure?

Current business primarily focused on Government of India programs in defense, space, and meteorology.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.