ASTRAMICRONSEAstra Microwave Products Limited· Telecommunication - EquipmentHighPositive
Announced Tue, 26 May · 12:10 IST

Astra Microwave Products Limited has informed the Exchange that Board of Directors at its meeting held on May 26, 2026, recommended Final Dividend of Rs. 2.4 per equity share.

Corporate Actions View source PDF

ASTRAMICRO · price

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Price reaction · full curve 14 horizons · vs prior close
+12.1%1-day move
₹1238.00
prior close
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AI summary

Astra Microwave Products Limited reported strong FY 2025-26 results with standalone revenue of Rs. 1,155.67 crores, up 10.7% from Rs. 1,044.23 crores in FY 2024-25. Net profit grew 24% to Rs. 177.84 crores from Rs. 143.39 crores. Basic EPS improved to Rs. 18.73 from Rs. 15.10. The Board recommended a final dividend of Rs. 2.40 per equity share (120% on face value of Rs. 2), subject to shareholder approval at the AGM. The company has a robust order book of Rs. 2,141.21 crores. The Board also gave in-principle approval for demerging its Space, Meteorology and Hydrology business into a wholly-owned subsidiary Astra Space Technologies Private Limited for listing.

Likely market impact

Positive signal for shareholders - strong profit growth and dividend payout reflect healthy financials. The order book of Rs. 2,141 crores provides revenue visibility. The proposed demerger could unlock value for shareholders if approved.