Astra Microwave Products Ltd (Aerospace & Defence - Equipments) — fundamental analysis, earnings data, and key metrics. PE: 52.7. ROE: 14.4%. This stock is not currently in the Nifty 500 momentum outperformers list.
Based on Q3 FY26 earnings • Updated Feb 28, 2026
What: Price negotiations nearing conclusion expected to convert to firm orders by quarter end
Impact: +₹550 Cr revenue
“We have also concluded price negotiations for the contracts worth of approximately 550 to 600 crores which are likely to convert into firm orders by end of this quarter.”
What: High-value defense and weather segment wins driving margin expansion
“margin improvement primarily due to favorable revenue mix and the strong order execution.”
What: International business with 5-6 year growth visibility contributing to export revenue
“Our JVC arc overall performance is exceptionally well and executed 18.19 million US in Q3 with order book of $80 million”
Earnings deceleration risks from management commentary
Trigger: If advances don't offset receivables growth
Management view: advances for customers accounted for nearly 25% of the gross receivables
Monitor: Receivables days
Trigger: If negotiations collapse
Management view: contracts worth of approximately 550 to 600 crores which are likely to convert into firm orders by end of this quarter
Monitor: Order book growth
Key quotes from recent conference calls
“margin improvement primarily due to favorable revenue mix and the strong order execution. — Management”
“As of December 25, our order book remains in line with the guidance. As my colleague just now mentioned, we have booked about 476 crores orders in Q3 and overall standalone order book stands at 2,226 crores. — Management”
“Further as previously guided we are on track to deliver revenue growth around 15% for FI27 and an order book of around 1,500 plus crores with a healthy bottom line. — Management”
“Our JVC arc overall performance is exceptionally well and executed 18.19 million US in Q3 with order book of $80 million and with the visibility of opportunities which we have today. We are confident of maintaining sustainable growth for the ARC next five to six years. — Management”
Forward-looking targets from management for FY27
Revenue Growth Target
15%
Key Milestones
• ₹1,150 cr revenue target for FY26
• 15% revenue growth for FY27
• 1,500+ crores order book for FY27
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 28, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Astra Microwave Products Ltd's latest quarterly results (Dec 2025) show
Astra Microwave Products Ltd's current PE ratio is 52.7x.
Astra Microwave Products Ltd's price-to-book ratio is 7.3x.
Astra Microwave Products Ltd's fundamental strength based on key financial ratios
Astra Microwave Products Ltd has a debt-to-equity ratio of N/A.
Astra Microwave Products Ltd's return ratios over recent years
Astra Microwave Products Ltd's operating cash flow is negative (FY2025).
Astra Microwave Products Ltd's current dividend yield is 0.25%.
Astra Microwave Products Ltd's shareholding pattern (Dec 2025)
Astra Microwave Products Ltd's promoter holding has remained stable recently.
Astra Microwave Products Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.
Astra Microwave Products Ltd has 3 key growth catalysts identified from recent earnings analysis
Astra Microwave Products Ltd has 2 key risks worth monitoring
In Q3 FY26, Astra Microwave Products Ltd's management highlighted
Astra Microwave Products Ltd's management has provided the following forward guidance for FY27
Based on quantitative research signals, here is why Astra Microwave Products Ltd may be worth studying
Astra Microwave Products Ltd investment thesis summary:
Astra Microwave Products Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
