{"id":180583,"date":"2026-02-13T05:03:23","date_gmt":"2026-02-13T10:03:23","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=180583"},"modified":"2026-02-13T05:03:23","modified_gmt":"2026-02-13T10:03:23","slug":"astra-microwave-reports-steady-q3-revenue-and-margin-expansion-order-book-at-%e2%82%b92566-crore","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/astra-microwave-reports-steady-q3-revenue-and-margin-expansion-order-book-at-%e2%82%b92566-crore\/","title":{"rendered":"Astra Microwave reports steady Q3 revenue and margin expansion; order book at \u20b92,566 crore"},"content":{"rendered":"\n

Astra Microwave Products Limited (BSE: 532493 \/ NSE: ASTRAMICRO)<\/strong> reported stable revenue growth and improved operating margins in the quarter ended December 31, 2025, supported by favourable revenue mix and execution across defence and aerospace programmes.<\/p>\n\n\n\n

On a consolidated basis, revenue from operations stood at \u20b9260 crore in Q3 FY26, compared with \u20b9259 crore in Q3 FY25. EBITDA increased 8.3% year-on-year to \u20b983 crore, while profit after tax remained broadly flat at \u20b947 crore. EBITDA margin improved to 31.7% from 29.5% a year earlier.<\/p>\n\n\n\n

Business overview<\/strong><\/h2>\n\n\n\n

Astra Microwave designs, develops and manufactures defence, aerospace and space electronics systems, subsystems and components. Its portfolio includes radar electronics, electronic warfare systems, telemetry, space electronics, meteorological solutions, RF and microwave products, and strategic communication systems.<\/p>\n\n\n\n

The company has multiple manufacturing units and R&D facilities in Hyderabad and Bengaluru and operates joint ventures including Astra Rafael Comsys for tactical communication and electronic warfare systems.<\/p>\n\n\n\n

Financial performance \u2014 Q3 FY26<\/strong><\/h2>\n\n\n\n

On a standalone basis, revenue from operations was \u20b9258 crore in Q3 FY26, up 0.6% year-on-year. EBITDA increased 7.1% to \u20b980 crore, with margin expanding to 30.9% from 29.1%. PAT was \u20b939 crore, broadly unchanged from the year-ago quarter.<\/p>\n\n\n\n

Consolidated gross profit margin improved to 55.3% from 48.0% a year earlier, reflecting changes in revenue mix and cost efficiencies. Profit before tax rose 7.6% to \u20b966 crore during the quarter.<\/p>\n\n\n\n

Nine-month performance (9M FY26)<\/strong><\/h2>\n\n\n\n

For the nine months ended December 31, 2025, consolidated revenue increased 4.9% year-on-year to \u20b9675 crore. EBITDA rose 14.6% to \u20b9171 crore, while PAT grew 8.7% to \u20b987 crore. EBITDA margin improved to 25.4% from 23.2%.<\/p>\n\n\n\n

Standalone nine-month revenue stood at \u20b9668 crore with EBITDA of \u20b9165 crore and PAT of \u20b973 crore, reflecting growth across key profitability metrics.<\/p>\n\n\n\n

Order inflows and backlog<\/strong><\/h2>\n\n\n\n

The company reported a standalone order book of \u20b92,226 crore as of December 31, 2025, while consolidated order book stood at \u20b92,566 crore. Orders received during Q3 FY26 amounted to \u20b9476 crore.<\/p>\n\n\n\n

Segment-wise, defence constituted 66% of the order book, followed by meteorological projects (17%), exports (11%) and space-related orders (6%).<\/p>\n\n\n\n

Revenue mix and operations<\/strong><\/h2>\n\n\n\n

Defence remained the dominant revenue contributor, accounting for around 82% of Q3 FY26 revenue. Exports contributed 11.5%, while space and meteorological segments contributed smaller shares.<\/p>\n\n\n\n

Management highlighted margin expansion driven by favourable project mix and disciplined execution, while joint ventures continued securing orders in defence communications and electro-optics systems.<\/p>\n\n\n\n

Strategic developments<\/strong><\/h2>\n\n\n\n

During the quarter, Astra announced collaboration progress with Bharat Electronics Limited and continued expansion under its LEAP framework focused on product innovation, partnerships, margin improvement and export growth.<\/p>\n\n\n\n

The company reiterated FY26 targets including 10\u201315% growth in revenue and profit before tax, and order inflows of \u20b91,300\u2013\u20b91,400 crore.<\/p>\n\n\n\n

Risks and constraints<\/strong><\/h2>\n\n\n\n

Disclosures indicate that performance may be influenced by execution timelines, government procurement cycles, export conditions, foreign exchange movements and defence-sector policy dynamics.<\/p>\n\n\n\n

Outlook<\/strong><\/h2>\n\n\n\n

Management stated that a favourable policy environment for defence and export opportunities supports its long-term strategy to build an integrated defence electronics and aerospace platform across modules, subsystems and complete systems.<\/p>\n","protected":false},"excerpt":{"rendered":"

Astra Microwave Products Limited (BSE: 532493 \/ NSE: ASTRAMICRO) reported stable revenue growth and improved operating margins in the quarter ended December 31, 2025, supported by favourable revenue mix and execution across defence and aerospace programmes. On a consolidated basis, revenue from operations stood at \u20b9260 crore in Q3 FY26, compared with \u20b9259 crore in […]<\/p>\n","protected":false},"author":2390,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8,392],"tags":[16414,16415,16416,16417],"class_list":["post-180583","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology-stocks","category-earnings","tag-astra-microwave","tag-astra-microwave-q3-fy26","tag-astramicro","tag-defence-electronics-india"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":170707,"url":"https:\/\/alphastreet.com\/india\/astra-microwave-q1-fy26-earnings-results\/","url_meta":{"origin":180583,"position":0},"title":"Astra Microwave Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"August 28, 2025","format":false,"excerpt":"Astra Microwave Products Ltd specializes in the design, development, and manufacture of radio frequency and microwave subsystems for defense, space, meteorology, and telecommunication sectors. 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