Announcement Summary
- Company: Astra Microwave Products Ltd
- Order Value: Rs 135 crores (inclusive of taxes)
- Client: Defence Research and Development Organisation (DRDO)
- Location: Telangana and Karnataka, India
- Date: August 5, 2025
Astra Microwave Products Ltd, a company certified with ISO 9001, 14001, 45001, and 27001, has secured a significant order from DRDO valued at Rs 135 crores. The contract involves upgrading a ground based radar system, with delivery expected within 18 months. The company has multiple manufacturing units across Telangana and a dedicated R&D centre in Bangalore.
This order underlines Astra Microwave’s growing footprint in the defence electronics sector, focusing on advanced radar technologies. The contract confirms the company’s capability in delivering high-technology solutions for national defence requirements.
Key Fundamentals
- Market Cap: Rs 9005 Cr
- Current Price: Rs 949
- 52 Week High / Low: Rs 1196 / Rs 584
- Stock P/E: 58.7
- Book Value: Rs 116
- Dividend Yield: 0.21%
- ROCE: 19.1%
- ROE: 14.9%
- Face Value: Rs 2.00
- Price to Book Value: 8.20
- EPS: Rs 16.2
- Promoter Holding: 6.54%
- Industry P/E: 69.6
- EV/EBITDA: 31.5
- Market Cap to Sales: 8.57
- Return over 3 years: 51.5%
What This Means for Investors
This major order from DRDO will strengthen Astra Microwave’s order book substantially, enhancing its revenue visibility for the next 18 months. The contract reinforces the company’s position in the defence electronics sector with a key government client, indicating steady demand and potential for future contracts. This development highlights Astra Microwave’s crucial role in upgrading defence technology infrastructure domestically.
Past Orders or Related News
No previous award order announcements available.
Source: BSE (Click To Download PDF).
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