Astra Microwave Products logo

Astra Microwave Products share price

NSE: ASTRAMICROBSE: 532493Aerospace & DefenseSmall Cap

Last close ₹1,485.00down ₹57.70 (3.74%)BSE ₹1,485.85

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,542.70.

52-week range of traded prices to 23 Oct 2026
₹851.00Low, 30 Mar 2026₹1,960.00High, 31 Jul 2026
Market cap
₹14,099 Cr542nd largest listed
P/E
74.6
P/B
10.7
Dividend yield
0.16%
ROE
15.7%
ROCE
17.4%
Debt to equity
0.22
Volume, NSE
4,40,31554.8% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

+37.5%over a year

Results20-session average 2,84,236 shares a day, 47.7% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 10 Aug

Revenue
₹177 Crdown 63.82%
Net profit
₹12 Crdown 88.35%
Net margin
7.0%

Revenue by year

Peak revenue ₹1,163 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 12 NovDec 2024Filed 7 FebMar 2025Filed 12 JunJun 2025Filed 13 AugSep 2025Filed 13 NovDec 2025Filed 12 FebMar 2026Filed 26 MayJun 2026Filed 10 Aug
Revenue230259408200215260488177
Net profit25477316244710612
Net margin11.1%18.3%18.0%8.1%11.1%18.0%21.7%7.0%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, RF & Microwave Products, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 85% of 2,421 trading days over the last 10 years.

LowestHighest
Its median44.5Industry median55.0
Price to book

At or below today's level on 95% of 1,856 trading days since Nov 2018.

LowestHighest
Its median3.8Industry median7.9
EV to EBITDA43.4

At or below today's level on 90% of 1,856 trading days since Nov 2018.

LowestHighest
Its median24.8Industry median55.9
Dividend yield

At or below today's level on 4% of 2,429 trading days over the last 10 years.

LowestHighest
Its median0.48%Industry median0.15%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+27.6%+25.7%+1.3%0.3%
3 years+56.5%+36.1%+14.7%0.3%
5 years+46.3%+43.6%+1.6%0.5%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters6.54%
  • Foreign institutions10.48%
  • Indian institutions16.52%
  • Individuals and others66.47%
Holder
RATNABALI INVESTMENT PRIVATE LIMITEDCompanies6.30%
EMERALD COMPANY PRIVATE LIMITEDCompanies4.61%
PRAKASH ANAND CHITRAKARPromoter3.41%
ATIM KABRADirectors and their relatives3.12%
RENUKA CHITRAKARPromoter3.12%
ADVENTZ FINANCE PRIVATE LIMITEDCompanies2.90%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

30 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 13 of the 18 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings

Added
7
Cut
11
Held unchanged
12
Fund
HDFC Mutual Fund logoHDFC Defence FundHDFC Mutual Fund45,23,0716.44%₹740.3 Cr
Kotak Mahindra Mutual Fund logoKotak Large & Mid Cap FundKotak Mahindra Mutual Fund23,00,0001.23%₹376.4 Cr
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund22,00,0000.45%₹360.1 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty India Defence Index FundMotilal Oswal Mutual Fund11,41,2203.44%₹186.8 Cr
ICICI Prudential Mutual Fund logoICICI Prudential ELSS - Tax Saver FundICICI Prudential Mutual Fund8,76,8491.06%₹143.5 Cr
Kotak Mahindra Mutual Fund logoKotak Focused FundKotak Mahindra Mutual Fund7,53,7842.89%₹123.4 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Multi Cap FundICICI Prudential Mutual Fund6,13,1560.54%₹100.4 Cr
Kotak Mahindra Mutual Fund logoKotak Contra FundKotak Mahindra Mutual Fund4,04,2321.27%₹66.2 Cr
Kotak Mahindra Mutual Fund logoKotak Large Cap FundKotak Mahindra Mutual Fund3,84,0000.60%₹62.8 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Nifty India Defence Index FundAditya Birla Sun Life Mutual Fund2,95,9593.44%₹48.4 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Aerospace & Defense, 35 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Astra Microwave Products in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Garden Reach Shipbuilders & Engineers logoGarden Reach Shipbuilders & EngineersGRSE21,31826.68.121.5+39.6%+42.9%34.0%29.8%1.05%
Data Patterns (India) logoData Patterns (India)DATAPATTNS21,23079.212.256.6+33.8%+24.9%16.5%20.2%0.26%
Aequs logoAequsAEQUS15,798–10.6–––––0.00%
Sigma Advanced Systems logoSigma Advanced SystemsSIGMAADV14,839––––––13.0%0.00%
Apollo Micro Systems logoApollo Micro SystemsAPOLLO13,926114.510.661.9+69.1%+83.0%12.7%11.2%0.07%
Zen Technologies logoZen TechnologiesZENTEC13,48874.97.159.4−23.5%−28.2%10.0%10.0%0.07%
Paras Defence and Space Technologies logoParas Defence and Space TechnologiesPARAS9,487100.413.172.0+36.6%+48.8%13.8%15.0%0.08%
AXISCADES Technologies logoAXISCADES TechnologiesAXISCADES8,155224.411.255.1+4.6%−53.8%5.3%10.7%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹2.40 a share, year to Mar 2026.
Ex-dateTypePer share
11 Sep 2026Final₹2.40
10 Sep 2025Final₹2.20
23 Aug 2024Final₹2.00
23 Aug 2023Final₹1.60
11 Aug 2022Final₹1.40
17 Aug 2021Final₹1.20
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Astra Microwave Products share price by year

Each calendar year to 2025.Astra Microwave Products share price history

YearClose at year endChangeHighest closeLowest close
2025981.25+27.9%1,178.60605.15
2024767.50+27.3%1,021.75521.65
2023603.10+111.1%622.35218.30
2022285.70+22.0%366.20177.00
2021234.20+87.8%285.90110.05
2020124.70+50.2%128.9548.55
201983.00+6.8%103.7072.00
201877.75−31.7%123.4074.95
2017113.90+3.9%145.90102.40
2016109.65−20.2%143.45102.80
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,543.901,549.701,470.801,485.001,501.024,40,31554.8%
22 Oct 20261,545.901,567.501,520.101,542.701,543.161,77,09642.4%
21 Oct 20261,629.001,630.001,531.901,554.701,569.553,51,78657.4%
19 Oct 20261,627.001,649.701,613.001,617.201,631.812,09,02753.2%
16 Oct 20261,630.101,634.201,610.101,625.201,619.881,72,49855.1%
15 Oct 20261,681.001,683.101,615.001,621.101,636.142,83,97359.4%
14 Oct 20261,673.901,695.001,668.001,680.001,679.891,79,24937.6%
13 Oct 20261,691.501,694.001,651.501,673.901,670.961,39,12641.8%
12 Oct 20261,664.501,692.501,656.301,689.801,680.932,23,94148.0%
9 Oct 20261,630.801,668.801,610.001,652.901,639.603,11,00435.0%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
30 Dec 2010Bonus0.6667Holders received 1 bonus share for every 2 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
Astra Microwave Products Limited
NSE symbol
ASTRAMICRO
BSE code
532493
ISIN
INE386C01029
Industry
Aerospace & Defense
Listed
Apr 2003 on BSE, Nov 2004 on NSE
Face value
₹2
CIN
L29309TG1991PLC013203
Corporate identity number, the registrar of companies' code for it