Integrated Filing — IndAS



General information about company

Scrip Code 532493
NSE Symbol ASTRAMICRO
MSEI Symbol NOTLISTED
ISIN INE386C01029
Name of company ASTRA MICROWAVE PRODUCTS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 12-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 04-02-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment RF & Microwave Products
Start date and time of board meeting 12-02-2026   12:00:00
End date and time of board meeting 12-02-2026   14:15:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 26,024.51 67,455.83
Other income 324.48 1,149.67
Total income 26,348.99 68,605.50
2 Expenses
(a) Cost of materials consumed 10,825.20 39,052.21
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 811.22 (6,219.48)
(d) Employee benefit expense 4,069.35 10,805.27
(e) Finance costs 1,302.10 4,107.25
(f) Depreciation, depletion and amortisation expense 1,135.92 3,077.77
(f) Other Expenses
1 Repairs and maintenance - Plant & Machinery 263.52 1,103.08
2 Travelling and conveyance 418.37 1,243.55
3 Repairs and maintenance - Computers 124.65 350.68
4 Repairs and maintenance - Others 195.74 508.91
5 Power and fuel 152.57 457.66
6 Legal and professional fees 188.49 572.98
7 Other Expenses 722.75 2,448.35
Total other expenses 2,066.09 6,685.21
Total expenses 20,209.88 57,508.23
3 Total profit before exceptional items and tax 6,139.11 11,097.27
4 Exceptional items 0.00 0.00
5 Total profit before tax 6,139.11 11,097.27
6 Tax expense
7 Current tax 1,554.69 3,126.83
8 Deferred tax 389.78 145.58
9 Total tax expenses 1,944.47 3,272.41
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 4,194.64 7,824.86
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 486.85 874.41
16 Total profit (loss) for period 4,681.49 8,699.27
17 Other comprehensive income net of taxes (202.33) (34.04)
18 Total Comprehensive Income for the period 4,479.16 8,665.23
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 4,681.49 8,699.27
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent (202.33) (34.04)
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 1,898.90 1,898.90
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 4.93 9.16
Diluted earnings (loss) per share from continuing operations 4.92 9.13
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 4.93 9.16
Diluted earnings (loss) per share from continuing and discontinued operations 4.92 9.13
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1.The Consolidated unaudited financial results includes the results of Astra Microwave Products Limited ('the Company' or 'the Holding Company'), the following subsidiaries (collectively referred as 'the Group' hereinunder), two joint ventures and one associate: (a) Astra Defence Technologies Private Limited (formerly known as Bhavyabhanu Electronics Private Limited) - Subsidiary (b) Aelius Semiconductors Pte. Ltd, Singapore - Subsidiary (c) Astra Private Limited (formerly known as Astra Foundation) - Subsidiary (upto September 16, 2025) (d) Astra Space Technologies Private Limited - Subsidiary (e) Astra Rafael Comsys Private Limited - Joint venture (f) Navictronics Private Limited - Joint venture (g) Janyu Technologies Private Limited - Associate 2.The Consolidated unaudited financial results for the quarter and nine months ended December 31, 2025 are been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 Interim Financial Reporting (“Ind AS 34”) prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The same were, as reviewed by the Audit Committee, considered and approved by the Board of Directors in their meeting held on February 12, 2026. 3.The Group and Joint ventures have only one business segment i.e. it deals in Radio Frequency & Microwave products and hence segment wise reporting is not applicable. 4.The Group and Joint ventures have an order book of Rs. 2,566.03 crores as at December 31, 2025 which includes Rs. 212.72 crores pertaining to service orders. Orders booked during the period from April 01, 2025 to December 31, 2025 are of Rs. 1055 crores. 5.The Board of the Directors of the Company at its meeting held on May 20, 2025 and the shareholders of the company at Extraordinary General Meeting held on June 13, 2025 has approved the allotment of up to 20,13,885 convertible warrants each convertible into, or exchangeable for, one fully paid up equity share of the Company, having a face value of Rs. 2, within the period of eighteen months in accordance with the applicable laws at a price of Rs. 864 aggregating up to Rs.173.99 crores (issue proceeds). During the nine months ended December 31, 2025, the Company has received 25% of the issue proceeds i.e., 43.50 crores (Upfront monies) on June 23, 2025 and June 24, 2025. 6.During the nine months ended December 31, 2025, Astra Private Limited (formerly known as Astra Foundation) (entity), the subsidiary company was dissolved and struck off from the Register of the Companies on September 16, 2025. Accordingly, financial information of this entity till the date of dissolution have been considered in the Consolidated unaudited financial results. 7.On 21 November 2025, the Government of India notified four labour codes—the Code on Wages, 2019; the Industrial Relations Code, 2020; the Code on Social Security, 2020; and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively, the “Labour Codes”)—which consolidate twenty-nine existing labour laws into a comprehensive framework governing employee benefits during and after employment. The Ministry of Labour and Employment has also issued draft Central Rules and FAQs to facilitate assessment of the financial implications of these changes. Based on management’s evaluation, and considering the guidance issued by the Institute of Chartered Accountants of India, the Group has concluded that the estimated impact on its existing obligations is not material. The Group will continue to monitor the finalisation of central and state rules and further governmental clarifications, and will recognise any necessary accounting impact arising from such developments in due course.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of post-employment benefit obligations (279.27) (80.14)
Total Amount of items that will not be reclassified to profit and loss (279.27) (80.14)
2 Income tax relating to items that will not be reclassified to profit or loss (70.29) (20.17)
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences on translation of foreign operations 6.65 25.93
Total Amount of items that will be reclassified to profit and loss 6.65 25.93
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (202.33) (34.04)





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Price Waterhouse Chartered Accountants LLP Yes 30-11-2026