Astra Microwave Products Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Strong return on equity (ROE 16%)
- ✓Efficient capital deployment (ROCE 20.2%)
- ✓Low debt relative to equity (D/E 0.2x)
Concerns
- ✗Premium to sector peers (P/E 84.7x vs industry 52.7x)
- ✗High premium to book value (P/B 12.7x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HAL Hindustan Aeronautics Limited | ₹4,568 | ₹3.0L Cr | 33 | 7.44 | 24 | 32 | 0 |
| BEL Bharat Electronics Limited | ₹407 | ₹3.0L Cr | 49.4 | 12.41 | 27.6 | 36.5 | 0 |
| ABB ABB India Limited | ₹7,530 | ₹1.6L Cr | 104 | 20.35 | 22.4 | 29.9 | 0.01 |
| TMCV Tata Motors Limited | ₹412 +0.59% | ₹1.5L Cr | 38.6 | 10.71 | 34 | 35.9 | 0.44 |
| CUMMINSIND Cummins India Limited | ₹5,590 | ₹1.5L Cr | 62.3 | 18.27 | 30.2 | 39.5 | 0 |
| BHEL Bharat Heavy Electricals Limited | ₹417 | ₹1.5L Cr | 60.4 | 5.55 | 6.23 | 9.14 | 0.45 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹912 | ₹1.4L Cr | 118 | 18.02 | 20.5 | 26.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
ASTRAMICRO · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 6.54% | 6.54% | 6.54% | 6.54% | 6.54% | 6.54% |
| FII | 2.94% | 3.17% | 4.67% | 5.69% | 5.19% | 5.30% |
| DII | 14.79% | 13.59% | 13.57% | 14.98% | 15.36% | 15.30% |
| Public | 75.74% | 76.70% | 75.22% | 72.79% | 72.90% | 72.86% |
Corporate Events
Intimation of Board Meeting for consideration of Scheme of Arrangement, as per Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements), Regulation, 2015
To consider and approve the financial results for the period ended March 31, 2026 and dividend
Dividend - Rs 2.20 Per Share
Annual General Meeting/Dividend - Rs 2 Per Share
Annual General Meeting/Dividend - Rs 1.60 Per Sh
Latest News
All news →Astra Microwave approves demerger scheme
*Astra Microwave approves demerger scheme* Astra Microwave Products Ltd has approved the Scheme of Arrangement for demerger, as per SEBI Listing Regulations. The board cleared the proposal to split the company under a structured plan. Further steps will require shareholder and regulatory approvals. The move aims to unlock shareholder value and streamline operations. 📊 *STOCKS:* ASTRAMICRO | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Demerger
Astra Microwave to host investor meet
*Astra Microwave to host investor meet.* The company will conduct an analyst and institutional investor meeting. Details on agenda and outcomes may influence sentiment. Event scheduled per NSE corporate filing. 📊 *STOCKS:* ASTRAMICRO | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorMeet
Astra Microwave to host analyst investor meet
*Astra Microwave to host analyst investor meet.* The company has scheduled a meet for analysts and institutional investors. Details on business outlook and operations may be discussed. No major strategic announcements expected. 📊 *STOCKS:* ASTRAMICRO | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorMeet
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹260 Cr ▲20.9% | ₹215 Cr ▲7.5% | ₹200 Cr ▼51.0% | ₹408 Cr ▲57.5% | ₹259 Cr ▲12.6% | ₹230 Cr ▲48.4% | ₹155 Cr ▼56.2% | ₹354 Cr |
| Op. Profit | ₹83 Cr ▲72.9% | ₹48 Cr ▲17.1% | ₹41 Cr ▼65.3% | ₹118 Cr ▲55.3% | ₹76 Cr ▲55.1% | ₹49 Cr ▲104.2% | ₹24 Cr ▼70.4% | ₹81 Cr |
| OPM | 32.0% ▲45.5% | 22.0% ▲10.0% | 20.0% ▼31.0% | 29.0% ▲0.0% | 29.0% ▲38.1% | 21.0% ▲40.0% | 15.0% ▼34.8% | 23.0% |
| Net Profit | ₹47 Cr ▲95.8% | ₹24 Cr ▲50.0% | ₹16 Cr ▼78.1% | ₹73 Cr ▲55.3% | ₹47 Cr ▲88.0% | ₹25 Cr ▲257.1% | ₹7 Cr ▼87.0% | ₹54 Cr |
| EPS (₹) | 4.93 ▲95.6% | 2.52 ▲47.4% | 1.71 ▼77.9% | 7.74 ▲54.8% | 5 ▲87.3% | 2.67 ▲251.3% | 0.76 ▼86.7% | 5.73 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.2K Cr ▲10.7% | ₹1.1K Cr ▲15.6% | ₹909 Cr ▲11.4% | ₹816 Cr ▲8.8% | ₹750 Cr ▲17.0% | ₹641 Cr ▲37.3% | ₹467 Cr ▲59.4% | ₹293 Cr ▼19.1% | ₹362 Cr ▼7.2% | ₹390 Cr |
| Expenses | ₹829 Cr ▲6.0% | ₹782 Cr ▲9.1% | ₹717 Cr ▲7.0% | ₹670 Cr ▲1.1% | ₹663 Cr ▲17.6% | ₹564 Cr ▲48.4% | ₹380 Cr ▲44.5% | ₹263 Cr ▲5.6% | ₹249 Cr ▼12.9% | ₹286 Cr |
| Op. Profit | ₹334 Cr ▲24.2% | ₹269 Cr ▲40.1% | ₹192 Cr ▲32.4% | ₹145 Cr ▲66.7% | ₹87 Cr ▲13.0% | ₹77 Cr ▼12.5% | ₹88 Cr ▲183.9% | ₹31 Cr ▼72.8% | ₹114 Cr ▲10.7% | ₹103 Cr |
| OPM | 29.0% ▲11.5% | 26.0% ▲23.8% | 21.0% ▲16.7% | 18.0% ▲50.0% | 12.0% ▲0.0% | 12.0% ▼36.8% | 19.0% ▲90.0% | 10.0% ▼67.7% | 31.0% ▲14.8% | 27.0% |
| Other Income | ₹26 Cr ▼3.7% | ₹27 Cr ▲12.5% | ₹24 Cr ▲380.0% | ₹5 Cr ▼16.7% | ₹6 Cr ▼45.5% | ₹11 Cr ▼8.3% | ₹12 Cr ▼52.0% | ₹25 Cr ▲212.5% | ₹8 Cr ▲33.3% | ₹6 Cr |
| Interest | ₹56 Cr ▼1.8% | ₹57 Cr ▲78.1% | ₹32 Cr ▲3.2% | ₹31 Cr ▲47.6% | ₹21 Cr ▼19.2% | ₹26 Cr ▲73.3% | ₹15 Cr ▲15.4% | ₹13 Cr ▼13.3% | ₹15 Cr ▲0.0% | ₹15 Cr |
| Depreciation | ₹44 Cr ▲25.7% | ₹35 Cr ▲40.0% | ₹25 Cr ▲4.2% | ₹24 Cr ▲9.1% | ₹22 Cr ▼8.3% | ₹24 Cr ▼7.7% | ₹26 Cr ▼10.3% | ₹29 Cr ▲7.4% | ₹27 Cr ▲12.5% | ₹24 Cr |
| PBT | ₹261 Cr ▲27.9% | ₹204 Cr ▲28.3% | ₹159 Cr ▲65.6% | ₹96 Cr ▲92.0% | ₹50 Cr ▲28.2% | ₹39 Cr ▼33.9% | ₹59 Cr ▲353.8% | ₹13 Cr ▼83.8% | ₹80 Cr ▲14.3% | ₹70 Cr |
| Tax % | 26.0% ▲4.0% | 25.0% ▲4.2% | 24.0% ▼11.1% | 27.0% ▲8.0% | 25.0% ▲0.0% | 25.0% ▼3.8% | 26.0% ▼3.7% | 27.0% ▲17.4% | 23.0% ▲35.3% | 17.0% |
| Net Profit | ₹193 Cr ▲25.3% | ₹154 Cr ▲27.3% | ₹121 Cr ▲72.9% | ₹70 Cr ▲84.2% | ₹38 Cr ▲31.0% | ₹29 Cr ▼34.1% | ₹44 Cr ▲340.0% | ₹10 Cr ▼83.6% | ₹61 Cr ▲5.2% | ₹58 Cr |
| EPS (₹) | 20.32 ▲25.7% | 16.17 ▲26.8% | 12.75 ▲58.2% | 8.06 ▲84.4% | 4.37 ▲31.2% | 3.33 ▼34.4% | 5.08 ▲349.6% | 1.13 ▼84.0% | 7.05 ▲6.0% | 6.65 |
| Div Payout | 12.0% ▼14.3% | 14.0% ▼12.5% | 16.0% ▼20.0% | 20.0% ▼37.5% | 32.0% ▼11.1% | 36.0% ▲50.0% | 24.0% ▲9.1% | 22.0% ▲29.4% | 17.0% ▲13.3% | 15.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹19 Cr ▲0.0% | ₹19 Cr ▲0.0% | ₹19 Cr ▲11.8% | ₹17 Cr ▲0.0% | ₹17 Cr ▲0.0% | ₹17 Cr ▲0.0% | ₹17 Cr ▲0.0% | ₹17 Cr ▲0.0% | ₹17 Cr ▲0.0% | ₹17 Cr |
| Reserves | ₹1.1K Cr ▲6.0% | ₹1.1K Cr ▲13.9% | ₹947 Cr ▲51.5% | ₹625 Cr ▲10.0% | ₹568 Cr ▲5.0% | ₹541 Cr ▲3.4% | ₹523 Cr ▲8.5% | ₹482 Cr ▼0.4% | ₹484 Cr ▲11.8% | ₹433 Cr |
| Borrowings | ₹278 Cr ▼34.4% | ₹424 Cr ▲78.2% | ₹238 Cr ▲28.0% | ₹186 Cr ▲165.7% | ₹70 Cr ▼42.6% | ₹122 Cr ▲103.3% | ₹60 Cr ▲252.9% | ₹17 Cr ▼82.1% | ₹95 Cr ▼31.2% | ₹138 Cr |
| Other Liabilities | ₹326 Cr ▼0.9% | ₹329 Cr ▲21.9% | ₹270 Cr ▲18.4% | ₹228 Cr ▼27.2% | ₹313 Cr ▲18.1% | ₹265 Cr ▼10.5% | ₹296 Cr ▲199.0% | ₹99 Cr ▲23.8% | ₹80 Cr ▲31.1% | ₹61 Cr |
| Total Liabilities | ₹1.8K Cr ▼4.6% | ₹1.9K Cr ▲25.6% | ₹1.5K Cr ▲39.5% | ₹1.1K Cr ▲9.1% | ₹969 Cr ▲2.5% | ₹945 Cr ▲5.6% | ₹895 Cr ▲45.5% | ₹615 Cr ▼9.0% | ₹676 Cr ▲4.2% | ₹649 Cr |
| Assets | ||||||||||
| Fixed Assets | ₹227 Cr ▼0.9% | ₹229 Cr ▲34.7% | ₹170 Cr ▲1.8% | ₹167 Cr ▲4.4% | ₹160 Cr ▲4.6% | ₹153 Cr ▼5.0% | ₹161 Cr ▼9.6% | ₹178 Cr ▼8.2% | ₹194 Cr ▲29.3% | ₹150 Cr |
| CWIP | ₹1 Cr ▼66.7% | ₹3 Cr ▼76.9% | ₹13 Cr ▲550.0% | ₹2 Cr | ₹0 Cr | ₹0 Cr ▼100.0% | ₹12 Cr ▲500.0% | ₹2 Cr ▲100.0% | ₹1 Cr ▼97.3% | ₹37 Cr |
| Investments | ₹36 Cr ▲12.5% | ₹32 Cr ▲33.3% | ₹24 Cr ▲118.2% | ₹11 Cr ▼21.4% | ₹14 Cr ▼53.3% | ₹30 Cr ▲15.4% | ₹26 Cr ▼25.7% | ₹35 Cr ▼72.2% | ₹126 Cr ▲121.1% | ₹57 Cr |
| Other Assets | ₹1.5K Cr ▼5.4% | ₹1.6K Cr ▲25.3% | ₹1.3K Cr ▲44.5% | ₹877 Cr ▲10.3% | ₹795 Cr ▲4.3% | ₹762 Cr ▲9.5% | ₹696 Cr ▲74.0% | ₹400 Cr ▲12.7% | ₹355 Cr ▼12.3% | ₹405 Cr |
| Total Assets | ₹1.8K Cr ▼4.6% | ₹1.9K Cr ▲25.6% | ₹1.5K Cr ▲39.5% | ₹1.1K Cr ▲9.1% | ₹969 Cr ▲2.5% | ₹945 Cr ▲5.6% | ₹895 Cr ▲45.5% | ₹615 Cr ▼9.0% | ₹676 Cr ▲4.2% | ₹649 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹-90 Cr ▲50.5% | ₹-182 Cr ▼628.0% | ₹-25 Cr ▼121.7% | ₹115 Cr ▲560.0% | ₹-25 Cr ▼257.1% | ₹-7 Cr ▼800.0% | ₹1 Cr ▼99.4% | ₹179 Cr ▲1178.6% | ₹14 Cr ▼76.3% | ₹59 Cr |
| Investing CF | ₹-76 Cr ▼72.7% | ₹-44 Cr ▼57.1% | ₹-28 Cr ▼7.7% | ₹-26 Cr ▼2500.0% | ₹-1 Cr ▲96.7% | ₹-30 Cr ▼135.3% | ₹85 Cr ▲190.4% | ₹-94 Cr ▲23.6% | ₹-123 Cr ▼583.3% | ₹-18 Cr |
| Financing CF | ₹141 Cr ▼39.2% | ₹232 Cr ▲209.3% | ₹75 Cr ▲194.9% | ₹-79 Cr ▼332.4% | ₹34 Cr ▼8.1% | ₹37 Cr ▲137.8% | ₹-98 Cr ▼50.8% | ₹-65 Cr ▼241.3% | ₹46 Cr ▲119.0% | ₹21 Cr |
| Net Cash Flow | ₹-25 Cr ▼457.1% | ₹7 Cr ▼66.7% | ₹21 Cr ▲110.0% | ₹10 Cr ▲25.0% | ₹8 Cr ▲900.0% | ₹-1 Cr ▲91.7% | ₹-12 Cr ▼160.0% | ₹20 Cr ▲131.7% | ₹-63 Cr ▼201.6% | ₹62 Cr |
| Free Cash Flow | ₹-169 Cr ▲26.2% | ₹-229 Cr ▼288.1% | ₹-59 Cr ▼167.8% | ₹87 Cr ▲410.7% | ₹-28 Cr ▼12.0% | ₹-25 Cr ▼108.3% | ₹-12 Cr ▼108.3% | ₹145 Cr ▲350.0% | ₹-58 Cr ▼256.8% | ₹37 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 273d ▲34.5% | 203d ▲59.8% | 127d ▲27.0% | 100d ▼34.2% | 152d ▼22.1% | 195d ▼18.4% | 239d ▲24.5% | 192d ▼6.8% | 206d ▲29.6% | 159d |
| Inventory Days | 389d ▲13.1% | 344d ▲16.6% | 295d ▲1.7% | 290d ▲7.4% | 270d ▼30.8% | 390d ▲24.2% | 314d ▲18.0% | 266d ▲5.6% | 252d ▲21.2% | 208d |
| Days Payable | 48d ▼14.3% | 56d ▲75.0% | 32d ▼15.8% | 38d ▲22.6% | 31d ▼63.1% | 84d ▲52.7% | 55d ▲52.8% | 36d ▲5.9% | 34d ▼50.7% | 69d |
| Cash Conv. Cycle | 614d ▲25.1% | 491d ▲25.9% | 390d ▲10.8% | 352d ▼10.0% | 391d ▼22.0% | 501d ▲0.6% | 498d ▲18.3% | 421d ▼0.7% | 424d ▲41.8% | 299d |
| Working Capital Days | 283d ▲5.2% | 269d ▲49.4% | 180d ▲3.4% | 174d ▼4.4% | 182d ▼13.7% | 211d ▼31.0% | 306d ▲98.7% | 154d ▼33.3% | 231d ▲6.0% | 218d |
| ROCE | 19.0% ▲0.0% | 19.0% ▲11.8% | 17.0% ▲54.5% | 11.0% ▲10.0% | 10.0% ▼23.1% | 13.0% ▲333.3% | 3.0% ▼80.0% | 15.0% ▼6.3% | 16.0% ▼20.0% | 20.0% |
Source: Screener.in · Lower days = better efficiency
About Astra Microwave Products Limited
Astra Microwave Products is engaged in the business of design, development and manufacture of sub-systems for Radio Frequency and microwave systems used in defense, space, meteorology and telecommunication.
Capital Goods · Aerospace & Defense