Astra Microwave Products

Astra Microwave delivered a strong FY26 with revenue of 1,157 croresCurrent reported value: 1,157 crores. No comparable prior figure is available in the source record., in line with guidance, driven by robust execution in radar (60% of revenue) and space segments. The order book stands at 2,141 croresCurrent 2,141 crores. Reported change: +530 Cr in Q4. (standalone) with an additional 1,600+ croresCurrent reported value: 1,600+ crores. No comparable prior figure is available in the source record. visible for FY27. Management reaffirmed 15-20% revenue growthCurrent reported value: 15-20% revenue growth. No comparable prior figure is available in the source record. for FY27 and a target to nearly triple turnover over 4.5-5.5 years, backed by five to six major programs (QSRM, Utamra, SU-30 MKI upgrades). Operating cash flow improved sharply to 370 croresCurrent 370 crores. Reported change: +469 Cr YoY. from -99 crores last year. The JV ARC expects 50% growth in FY27 with revenue crossing 600 crores. Risks include program delays (e.g., Utamra negotiations still ongoing) and forex provisions impacting JV profitability.