Astra Microwave Products Q4 FY26: Profit jumps 44%

Stock jumps after March-quarter results

Shares of Astra Microwave Products rallied sharply on Tuesday after the company announced its March 2026 quarter (Q4FY26) results. The stock surged as much as 11% on the National Stock Exchange (NSE) during the session. Another update in the provided material also pegged the intraday jump at about 12.5%, taking the stock to a fresh record high.

On the NSE, the stock opened at ₹1,244 and climbed to an intraday high of ₹1,365. By 2 PM, it was trading 9.5% higher at ₹1,351.50, outperforming broader markets. Separately, the day’s peak was also reported at ₹1,379 in one account of the move.

Outperformance versus defence index

Astra Microwave Products also featured as the top gainer on the Nifty India Defence Index in the session, as per the details shared. The index itself was trading about 0.3% higher at the time, highlighting the stock’s outsized reaction relative to the broader defence basket.

The move came immediately after the company’s earnings release, indicating the market’s focus on the quarter’s profit growth, revenue expansion, and the dividend recommendation.

Q4FY26 profit rises 44% year-on-year

For Q4FY26, Astra Microwave Products reported consolidated net profit of ₹106 crore, up 44% year-on-year (YoY). The company had earned around ₹73.4 crore to ₹73.5 crore in the same quarter last year, as cited across the provided excerpts.

In one additional data set included in the material (from a transcript-style summary), profit after tax (PAT) was stated at ₹105.26 crore for the quarter, compared with ₹38.87 crore in Q3FY26 and ₹75.09 crore in Q4FY25. That same summary also listed quarterly EPS at ₹11.9.

Revenue climbs; strong sequential uptick also cited

Revenue from operations in Q4FY26 rose to ₹488.24 crore, up nearly 19% YoY, compared with ₹407.85 crore to ₹408 crore in Q4FY25. A sequential comparison was also provided: revenue was said to have risen 88% from ₹240 crore in Q3FY26.

A separate metric, “total income,” was cited at ₹494.31 crore for Q4FY26 in the transcript-style excerpt, versus ₹261.57 crore in the previous quarter. This provides additional colour on the scale of quarterly improvement, alongside the revenue-from-operations figure.

EBITDA rises and margins improve

Operating performance also strengthened. EBITDA for Q4FY26 was reported at ₹162.5 crore, up 36% YoY from ₹119.6 crore in the same quarter last year. EBITDA margin improved to 33.3% from 29.3%.

This margin expansion was among the key financial signals highlighted in the material, alongside the top-line growth and profit rise.

Dividend recommended: ₹2.40 per share

Along with the results, the board recommended a dividend of ₹2.40 per equity share for FY26. The face value of each equity share is ₹2, and one excerpt described the dividend as representing 120% of face value.

The proposed dividend is subject to shareholder approval at the ensuing Annual General Meeting (AGM). The company said the dividend amount will be credited or dividend warrants dispatched within prescribed timelines after the AGM concludes.

AGM date and record date pending

The AGM date and record date for dividend payment were not provided in the material and are to be announced separately “in due course,” as stated. Investors tracking the dividend will typically watch for these dates once the company communicates them through exchanges.

FY26 numbers: different figures reported across excerpts

For the full year FY26, the material contains more than one set of figures.

One excerpt stated FY26 net profit at ₹1,929 crore (also presented as ₹1,929.71 crore) and FY26 revenue at ₹1,162.8 crore, with YoY comparisons to ₹1,535 crore profit and ₹1,051.1 crore revenue in FY25. Another excerpt, however, stated full-year revenue of about ₹1,163 crore and net profit of about ₹192 crore, up from roughly ₹151 crore in FY25.

Because these figures are presented as-is in the provided content, they are summarised below without reconciling the differences.

Key numbers at a glance

Earnings call scheduled

The company also scheduled an earnings call for Wednesday, May 27, 2026 at 11:00 AM IST to discuss its Q4 and FY26 operational and financial performance, as per the provided text.

For market participants, such calls are typically used to seek clarity on quarterly drivers, order pipelines, and execution updates. The only confirmed detail in the material is the timing and purpose of the call.

What the market is reacting to

Based on the figures cited, the market response followed a combination of higher quarterly profit, double-digit revenue growth, and improved EBITDA margin. The dividend recommendation added an additional shareholder-friendly signal alongside the earnings beat narrative implied by the sharp price move.

At the same time, investors may track upcoming disclosures on the AGM date and dividend record date. They may also look to the scheduled earnings call for any additional context around the quarter’s strong sequential revenue change that was highlighted in the material.

Conclusion

Astra Microwave Products’ Q4FY26 update triggered a strong rally, with the stock rising to fresh highs during the session. The company reported ₹106 crore net profit on ₹488.24 crore revenue from operations for the quarter and proposed a ₹2.40 per share dividend, while AGM and record dates are awaited and an earnings call is scheduled for May 27, 2026.