Friday, November 6, 2026

Astra Microwave Q4 Results: Stock jumps 10% to record high after strong revenue growth, margin expansion

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Shares of Astra Microwave Products Ltd. hit their fresh record high on Tuesday, May 26, as they reacted to their fourth quarter earnings.The company’s earnings were better across all parameters and beat brokerage estimates as well on a year-on-year basis

For the March quarter, Astra Micro’s net profit came in at ₹106 crore, up 44.4% from the previous year’s ₹73.4 crore. Brokerage firm Motilal Oswal had estimated a 4% decline in net profit.
Its revenue increased 19.7% in the fourth quarter to ₹488.2 crore from ₹408 crore last year. This was also higher than brokerage estimates of 11%.Earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 36.4% to ₹163 crore from ₹119.5 crore in the fourth quarter last fiscal. Motilal Oswal had forecast a 3% decline in EBITDA in the fourth quarter.

Its margins expanded to 33.4% in the March quarter from 29.3% in the year-ago period. This was also higher than expectations of 26%.

The company’s material costs were at 50% of sales compared to 54% last year.

The company also reported a good yearly performance, which beat expectations as well.

Its net profit of ₹192.97 crore in FY26 was 26% more than last year’s ₹154 crore. Motilal Oswal had pegged the figure at 2.5%.

Its revenue increased 11% to ₹1,162.8 crore in FY26 from ₹1,051 crore last year. This was higher than brokerage estimates of 7.4%. However, it was below the company’s guidance of 14% growth.

The company’s EBITDA in the fourth quarter increased 24% to ₹333.75 crore from ₹269 crore last fiscal. It was also above expectations of 7%.

Astra Microwave’s board of directors has also recommended a dividend of ₹2.4 per equity share at the face value of ₹2 each for the financial year 2026. The same is subject to the approval of members at the company’s upcoming annual general meeting (AGM). The AGM and record dates will be announced in due course, the company said.

Shares of Astra Microwave are now trading 9.5% higher after the results announcement at ₹1,351. The stock is up 19% so far in the last one month and has risen 38% so far this year.

Also Read: MobiKwik shares jump 8% after RBI grants offline payment aggregator licence

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