Astra Microwave Products (ASTRAMICRO)₹1,660+3.31%Aerospace & Defense
In the Jun 2026 quarter (consolidated), Astra Microwave Products reported sales of ₹177 Cr, down 11.5% from Jun 2025, and net profit of ₹12.01 Cr, down 25.0% year on year. For the year to Mar 2026, sales were ₹1,166 Cr and net profit ₹193 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 190 | 232 | 355 | 155 | 230 | 260 | 409 | 201 | 216 | 260 | 489 | 177 |
| Expenses | 148 | 165 | 273 | 131 | 180 | 182 | 289 | 159 | 167 | 178 | 327 | 144 |
| Operating Profit | 42.16 | 66.27 | 81.31 | 24.09 | 49.22 | 76.27 | 119 | 41.16 | 48.18 | 83.27 | 162 | 33.13 |
| OPM % | 22.0% | 29.0% | 23.0% | 15.0% | 21.0% | 29.0% | 29.0% | 20.0% | 22.0% | 32.0% | 33.0% | 19.0% |
| Other Income | 8.97 | 5.98 | 5.98 | 3.99 | 2.99 | 9.97 | 10.97 | 3.99 | 7.98 | 7.97 | 6.98 | 4.99 |
| Interest | 6.01 | 7.99 | 9.01 | 9.99 | 12.99 | 15.01 | 18.99 | 14.99 | 13.01 | 13.01 | 14.01 | 10.99 |
| Depreciation | 6.02 | 7.02 | 6.01 | 8.02 | 6.02 | 10.03 | 11.03 | 9.03 | 10.03 | 11.04 | 13.05 | 12.03 |
| Profit before tax | 38.13 | 57.16 | 71.28 | 9.03 | 34.10 | 62.24 | 99.31 | 21.06 | 32.09 | 66.24 | 142 | 16.05 |
| Tax % | 22.1% | 25.1% | 24.1% | 23.1% | 25.0% | 23.0% | 26.0% | 23.1% | 26.1% | 29.0% | 25.0% | 21.0% |
| Net Profit | 30.05 | 43.04 | 54.06 | 7.01 | 25.05 | 47.06 | 73.08 | 16.02 | 24.03 | 47.05 | 106 | 12.01 |
| EPS (Rs) | 3.15 | 4.56 | 5.71 | 0.75 | 2.66 | 4.99 | 7.72 | 1.70 | 2.51 | 4.92 | 11.14 | 1.29 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 407 | 391 | 363 | 294 | 468 | 643 | 752 | 817 | 912 | 1,054 | 1,166 | 1,143 |
| Expenses | 305 | 286 | 249 | 263 | 379 | 563 | 662 | 669 | 716 | 781 | 828 | 815 |
| Operating Profit | 101 | 103 | 114 | 31.14 | 88.28 | 77.30 | 87.35 | 145 | 193 | 270 | 335 | 326 |
| OPM % | 25.0% | 27.0% | 31.0% | 10.0% | 19.0% | 12.0% | 12.0% | 18.0% | 21.0% | 26.0% | 29.0% | 28.5% |
| Other Income | 8.97 | 5.98 | 7.98 | 24.94 | 11.97 | 10.97 | 5.98 | 4.98 | 23.92 | 26.93 | 25.93 | 27.92 |
| Interest | 14.01 | 15.01 | 15.01 | 13.01 | 14.99 | 25.99 | 20.99 | 31.01 | 32.01 | 56.98 | 56.03 | 51.02 |
| Depreciation | 24.08 | 24.07 | 27.08 | 29.08 | 26.09 | 24.08 | 22.05 | 24.07 | 25.05 | 35.10 | 44.16 | 46.15 |
| Profit before tax | 71.20 | 70.20 | 80.29 | 13.03 | 59.17 | 39.13 | 50.13 | 96.39 | 160 | 205 | 262 | 256 |
| Tax % | 21.0% | 17.1% | 23.0% | 27.1% | 26.1% | 25.0% | 25.0% | 27.1% | 24.1% | 25.0% | 26.0% | — |
| Exceptional items | 0.00 | 2.01 | 4.01 | 6.02 | 2.01 | 0.00 | 0.00 | 0.00 | 0.00 | 5.01 | 0.00 | — |
| Net Profit | 56.11 | 58.08 | 61.14 | 10.02 | 44.05 | 29.04 | 38.06 | 70.15 | 121 | 154 | 193 | 189 |
| EPS (Rs) | 6.49 | 6.64 | 7.03 | 1.12 | 5.07 | 3.32 | 4.36 | 8.04 | 12.71 | 16.12 | 20.27 | 19.86 |
| Dividend payout % | 17.9% | 14.9% | 16.9% | 21.9% | 23.9% | 36.0% | 31.9% | 19.9% | 15.9% | 13.9% | 12.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15.95 | 16.94 | 16.94 | 16.94 | 16.94 | 16.93 | 16.94 | 16.94 | 16.93 | 18.93 | 18.92 | 18.93 |
| Reserves | 275 | 381 | 433 | 483 | 482 | 522 | 540 | 568 | 624 | 945 | 1,077 | 1,293 |
| Borrowings | 91.68 | 69.76 | 138 | 94.63 | 16.94 | 59.77 | 122 | 69.77 | 185 | 237 | 422 | 287 |
| Other Liabilities | 110 | 81.61 | 60.71 | 79.61 | 98.53 | 295 | 264 | 311 | 227 | 269 | 327 | 384 |
| Total Liabilities | 494 | 550 | 648 | 674 | 614 | 892 | 943 | 967 | 1,054 | 1,470 | 1,845 | 1,982 |
| Fixed Assets | 142 | 137 | 150 | 194 | 178 | 161 | 153 | 160 | 167 | 170 | 229 | 267 |
| CWIP | 0.00 | 1.01 | 37.06 | 1.01 | 2.01 | 12.02 | 0.00 | 0.00 | 2.01 | 13.03 | 3.01 | 9.02 |
| Investments | 0.00 | 0.00 | 56.85 | 126 | 34.89 | 25.93 | 29.89 | 13.95 | 10.97 | 23.93 | 31.90 | 49.83 |
| Other Assets | 353 | 412 | 404 | 354 | 399 | 694 | 760 | 793 | 874 | 1,263 | 1,582 | 1,657 |
| Inventories | 172 | 122 | 130 | 107 | 139 | 283 | 329 | 418 | 417 | 513 | 614 | 614 |
| Trade receivables | 112 | 177 | 220 | 190 | 193 | 250 | 268 | 205 | 285 | 507 | 788 | 689 |
| Cash & equivalents | 29.12 | 87.34 | 2.01 | 30.11 | 28.13 | 53.18 | 43.18 | 77.25 | 112 | 131 | 98.39 | 254 |
| Total Assets | 494 | 550 | 648 | 674 | 614 | 892 | 943 | 967 | 1,054 | 1,470 | 1,845 | 1,982 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −4.99 | 59.01 | 13.98 | 179 | 0.99 | −6.99 | −24.99 | 115 | −24.99 | −182 | −89.95 | 387 |
| Cash from investing activity | −28.01 | −17.99 | −123 | −94.07 | 85.07 | −29.99 | −0.99 | −26.01 | −27.99 | −43.97 | −76.06 | −85.01 |
| Cash from financing activity | 11.02 | 21.06 | 46.07 | −65.17 | −98.27 | 37.05 | 34.10 | −79.17 | 75.17 | 233 | 141 | −196 |
| Net cash flow | −22.07 | 62.22 | −63.19 | 20.05 | −12.04 | −1.01 | 8.03 | 10.03 | 21.06 | 7.02 | −25.07 | 106 |
| Capex | 34.03 | 21.01 | 71.99 | 34.02 | 16.01 | 19.02 | 4.01 | 28.03 | 34.02 | 47.05 | 79.03 | 83.04 |
| Free cash flow | −39.15 | 37.13 | −58.18 | 145 | −12.04 | −25.07 | −28.09 | 87.26 | −59.21 | −230 | −170 | 305 |
| CFO / OP % | −4.0% | 58.0% | 30.0% | 169.9% | 41.9% | 12.0% | −22.1% | 154.9% | 0.0% | −75.1% | −18.1% | 138.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 66 | 159 | 206 | 192 | 239 | 195 | 152 | 100 | 127 | 203 | 273 | 216 |
| Inventory days | 149 | 208 | 252 | 266 | 314 | 390 | 270 | 290 | 295 | 344 | 389 | 394 |
| Days payable | 66 | 70 | 35 | 37 | 56 | 85 | 32 | 39 | 33 | 57 | 49 | 74 |
| Cash conversion cycle | 150 | 299 | 424 | 421 | 498 | 501 | 391 | 352 | 390 | 491 | 614 | 537 |
| Working capital days | 97 | 218 | 231 | 154 | 306 | 211 | 182 | 174 | 180 | 269 | 283 | 267 |
| ROCE % | 29.0% | 20.0% | 16.0% | 15.0% | 3.0% | 13.0% | 10.0% | 11.0% | 17.0% | 19.0% | 19.0% | 20.0% |
For the Jun 2026 quarter, Astra Microwave Products reported sales of ₹177 Cr, down 11.5% year on year and net profit of ₹12.01 Cr, down 25.0% year on year. The operating margin was 19.0%.
Astra Microwave Products' sales for the year to Mar 2026 were ₹1,166 Cr; over the last twelve months they were ₹1,143 Cr.
Net profit for the year to Mar 2026 was ₹193 Cr, and ₹189 Cr over the last twelve months. Earnings per share over the same trailing period were ₹19.86.
Astra Microwave Products reported borrowings of ₹287 Cr at Mar 2026, against cash and equivalents of ₹254 Cr.
Cash from operations was ₹387 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹305 Cr.