Defence company Astra Microwave Products delivered robust financial results for the March quarter of FY26, with net profit surging 44% to ₹106 crore compared to ₹73.49 crore in the same period last year. According to reports from The Economic Times and Business Standard, the company's revenue from operations reached ₹488.24 crore, marking a 19.71% increase from ₹407.85 crore reported in the corresponding quarter of the previous financial year. Sequentially, the company showed strong momentum with revenue rising 88% from ₹240 crore in Q3FY26, demonstrating consistent quarter-on-quarter growth.
The company's profitability metrics showed significant improvement across key parameters. As reported by The Economic Times and Business Standard, EBITDA rose 36% year-on-year to ₹162.5 crore from ₹119.6 crore, while EBITDA margin improved to 33.3% from 29.3% in the corresponding period last year. The company's operating profit margin (OPM) for Q4 FY26 stood at 33.08%, compared to 29.04% in Q4 FY25. For the full financial year, Astra Microwave posted net profit of ₹192.97 crore, up 25.71% from ₹153.51 crore posted in the previous fiscal year, with revenue reaching ₹1,162.80 crore, marking a 10.62% jump from ₹1,051.18 crore in FY25.
Alongside the strong results, the company recommended a dividend of ₹2.40 per equity share for FY26, representing 120% of the face value of ₹2 per share, subject to shareholder approval at the upcoming Annual General Meeting. According to The Economic Times, following the earnings declaration, Astra Microwave shares jumped 6% to their day's high of ₹1,314 on the BSE. The dividend amount will be credited or dividend warrants dispatched within prescribed timelines after the conclusion of the AGM, with the AGM date and record date for dividend payment to be announced separately.
The company maintains a robust order book position with Group and joint ventures having an order book of ₹2,609.99 crore as of March 31, 2026, which includes ₹230.68 crore pertaining to service orders. As reported by The Economic Times, orders booked during the year stood at ₹1,660.22 crore, indicating strong business pipeline and future revenue visibility for the defence equipment manufacturer. The company's PBDT (Profit Before Depreciation and Tax) for Q4 FY26 was ₹154 crore, representing a 40% increase from ₹110.21 crore in Q4 FY25, while PBT (Profit Before Tax) rose 42% to ₹141.04 crore from ₹99.12 crore in the corresponding quarter.
