Astra Microwave Products delivered impressive Q4 FY26 results with consolidated net profit jumping 44.23% year-on-year to ₹105.98 crore compared to the previous year. The company had earned a profit of ₹73.4 crore in the same quarter of the last fiscal year, demonstrating significant improvement in profitability. According to reports from Business Standard, the company's revenue from operations increased 19.71% to ₹488.24 crore during the quarter, compared with ₹407.85 crore posted in the March quarter of FY25. The latest data shows revenue rose to ₹488.24 crore, up 19.6% year-on-year from ₹408 crore in the corresponding quarter of the previous financial year, with revenue also coming in significantly higher at 88% compared to ₹240 crore reported in the December quarter.
For the full fiscal year 2026, the company's net profit stood at ₹1,929 crore, up 25% from ₹1,535 crore in FY25, as reported by Business Standard. The company's FY26 revenue came in at ₹1,163 crore, reflecting a jump of 11% from ₹1,051.1 crore posted in the previous year. These annual figures reflect the company's consistent growth trajectory and strong operational performance across the defence electronics sector.
The company demonstrated strong operational performance with EBITDA rising 36% year-on-year to ₹162.5 crore from ₹119.6 crore, while EBITDA margin expanded to 33.3% from 29.3% in the same period last year. The company's profit before tax rallied 42.29% to ₹141.04 crore in Q4 FY26, as reported by Business Standard. Total expenses increased 10.88% year-on-year to ₹353.25 crore during the quarter, with the cost of materials consumed at ₹188.21 crore (up 1% YoY) and employee benefits expense at ₹58.06 crore (up 26.08% YoY).
The company maintains a robust order book of ₹2,141.21 crore as of March 31, 2026, which also includes ₹242.29 crore pertaining to service orders. It booked orders worth ₹1,335.58 crore during FY26, with the order book size being nearly two times its FY26 revenue. Following the strong quarterly results, Astra Microwave Products shares surged 12% to ₹1,379, hitting a fresh record high and emerging as one of the biggest wealth creators on Dalal Street. The stock has delivered massive returns of 515% from a trading price of ₹224 in March 2023, with positive returns in each of the last six years and 40% momentum in the current year.
The company has recommended a dividend of ₹2.40 per equity share (120% of the face value of ₹2 each) for FY26, subject to shareholders approval at the ensuing AGM, as reported by Business Standard. The dividend shall be credited or warrants thereof dispatched within specified timelines from the conclusion of the AGM. The AGM date and record date for the dividend payout will be announced in due course, providing additional value to shareholders.
