Astra Microwave Products shares surged 11.2% to hit its 52-week high of ₹1,374 apiece on Tuesday, May 26, after the company reported its March quarter earnings.
The aerospace and defence firm reported a 45% growth in its consolidated net profit at ₹106 crore for the fourth quarter of the financial year 2025-26 (Q4 FY26) as compared to ₹73 crore in the same period last year.
The company’s revenue from operations increased 19.6% year-on-year (YoY) to ₹488 crore in the January-March period from ₹408 crore in the year-ago period.
The operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), rose 36% annually to ₹162 crore as against ₹120 crore in Q4 FY25. Its operating profit margin expanded to 33.2% in contrast to 29.3% on a yearly basis.
For FY26, the company’s revenue from operations has increased 11% to ₹1,163 crore as against the ₹1,051 crore seen in the last fiscal year. For the year, its net profit jumped 26% to ₹193 crore from ₹153.5 crore annually.
As of March 31, 2026, Astra Micra’s group and joint ventures had an order book of ₹2,609.99 crore, including ₹230.68 crore from service orders. During the year, the defence firm secured new orders worth ₹1,660.22 crore.
Along with the earnings approval, the board of directors of Astra Microwave Products has recommended a dividend of ₹2.40 per equity share (120% on the face value of ₹2 each) for the financial year 2025-26. The proposal is subject to approval by shareholders at the ensuing Annual General Meeting (AGM), the firm said.
It further added that the dividend will be credited or dispatched within the specified timelines after the conclusion of the AGM. The AGM date and record date for the dividend payment will be announced in due course.
Astra Microwave Products share price
At 2:20 PM, Astra Microwave shares were trading at ₹1,360 apiece on the National Stock Exchange, soaring 10.07%.
Over a month’s time, the stock has climbed 20%, while it has rallied 44% in the last six months. From the beginning of the year, shares of Astra Micra have jumped 39%.
The company has a total market capitalisation of ₹12,926.76 crore, according to data on the NSE.
Founded in 1991, Astra Microwave Products Limited is an Indian aerospace and defence company headquartered in Hyderabad, Telangana. The company specialises in the design, development, and manufacturing of Radio Frequency (RF) and microwave subsystems, radar electronics, and satellite communication equipment for strategic sectors.