Astra Microwave Products Monthly Analysis (March 2026)

Astra Microwave Prod...

BSE:532493

Rp 850,00

Rp-29,65 (-3,37%)

850,00 Rp

Rp-29,65 (-3,37%)

End-of-day quote: 03/31/2026

Astra Microwave Products Stock Value

Analysts currently see BSE:532493 at the level of Buy.

Buy

Astra Microwave Products Company Info

EPS Growth 5Y

24,21%

Market Cap

Rp85,29 B

Long-Term Debt

Rp0,39 B

Annual earnings

05/22/2026 (E)

Dividend

Rp2,21

Dividend Yield

0,26%

Founded

1991

Industry

Industrials

Country

India

Website

Astra Microwave Products

ISIN Number

INE386C01029

Website

http://www.astramwp.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Rp1.140,00

34.12%

Last Update: 03/31/2026

Analysts: 6

Highest Price Target Rp1.455,00

Average Price Target Rp1.140,00

Lowest Price Target Rp1.030,00

In the last five quarters, Astra Microwave Products’s Price Target has risen from Rp488,13 to Rp584,00 - a 19,64% increase. Five analysts predict that Astra Microwave Products’s share price will increase in the coming year, reaching Rp1.140,00. This would represent an increase of 34,12%.

Top growth stocks in the industrials sector (5Y.)

What does Astra Microwave Products do?

Astra Microwave Products Limited designs, develops, manufactures, and sells sub-systems for radio frequency and microwave systems used in defense, space, meteorology, civil, and telecommunication applications. Business Segments The company operates through Radar Systems and Components, Electronic and Communication Equipment, Hydrological and Meteorological Instruments, and Energy Solutions segments. Radar Systems and Components This segment constitutes the bulk of the company's operations, i...

Business Segments

The company operates through Radar Systems and Components, Electronic and Communication Equipment, Hydrological and Meteorological Instruments, and Energy Solutions segments.

Radar Systems and Components

This segment constitutes the bulk of the company's operations, inclusive of the design and manufacturing of sophisticated radar systems and sub-systems tailored for defense applications. The company's capabilities extend to customizing systems that meet the specific requirements of various defense and aerospace projects. The radar components produced are imperatively integrated into national and international defense frameworks, demonstrating the company's role in advancing national security.

Electronic and Communication Equipment

This segment has delved into the production of electronic integrated circuits and printed circuits. These components are critical in modern electronic devices, especially those used in defense. The commitment to innovation ensures that all products under this segment are contemporarily designed with the latest technological insights, yielding reliability and performance.

Hydrological and Meteorological Instruments

This segment encompasses the design and manufacture of hydrological instruments and related apparatus. This segment manufactures measurement devices and equipment used to monitor and analyze various environmental parameters. These instruments are applied across various industries, further showcasing the company's versatility.

Energy Solutions

This segment engages in generating electricity using renewable energy sources. This is part of the company's drive towards sustainable practices, reflecting a commitment to social responsibility and environmental conservation.

Business Strategy

The company adopts a comprehensive business strategy designed to enhance its market presence and drive sustainable growth. The company's strategic initiatives are focused on innovation, continuous improvement, and the expansion of its product offerings. Key components of the company's strategy include:

Investment in Research and Development: Investing significantly in R&D enhances the company's advancement in cutting-edge technologies. The company recognizes that continuous innovation is essential in the fast-evolving defense electronics market and has prioritized establishing itself as a technological leader through sustained R&D expenditures.

Customer-Centric Approach: The company's strategy emphasizes understanding customer needs and providing tailored solutions. By maintaining close ties with its customer base, particularly government and defense sectors, the company ensures that its products align with the client's evolving operational requirements.

Quality Assurance and Compliance: Maintaining stringent quality standards across all products is crucial to the company's reputation. The company adheres to international quality control standards, ensuring complete compliance with regulatory demands. This diligence fosters trust and reliability among its customers, further enhancing market opportunities.

Diversification of Products and Services: Exploring new market segments and diversifying the product range enables the company to mitigate risks associated with market fluctuations. The company continuously evaluates market trends and seeks opportunities to introduce new products that align with technological advancements and consumer expectations.

Strategic Partnerships and Collaborations: Collaborating with other industry players, academic institutions, and research organizations enables the company to leverage external expertise and resources. Such partnerships facilitate knowledge exchange and accelerates the company's innovation capabilities.

Products and Services

The company provides a diverse portfolio of products and services, with a focus on performance and reliable solutions in the fields of RF and microwave technology. Primarily, the company specializes in:

Radar Systems: The company designs and manufactures advanced radar systems, which serve as critical components for defense applications. These systems are optimized for a range of functionalities, such as surveillance, tracking, and target acquisition, thereby enhancing national security efforts.

Electronic Integrated Circuits: This range includes integrated circuits essential for various electronic applications. These components are designed to meet stringent performance specifications required in defense and high-tech industries.

Printed Circuits: The manufacturing of printed circuits involves producing circuit boards that form the backbone of electronic devices. The company ensures that these products are developed using cutting-edge methodologies and materials to guarantee reliability and efficiency.

Antennas: The installation and manufacturing of antennas tailored for specific communication and radar applications are pivotal to the company's portfolio. These antennas are designed to operate under various conditions, ensuring robust communication capabilities for defense systems.

Hydrological Instruments: The company offers a range of hydrological instruments used to monitor environmental conditions. These products are designed with precision and cater primarily to government and research organizations involved in environmental studies.

Energy Generation Solutions: The company explores sustainable energy solutions through the generation of electricity from renewable sources, further supporting environmental sustainability and energy conservation initiatives.

Geographical Markets

The company primarily serves the Indian market, extending its footprint to a number of international territories.

Customers

The company serves a diverse array of customers primarily across the public sector, particularly within defense. The customer base includes numerous governmental departments, defense public sector units, and other public sector undertakings engaged in critical defense and security operations.

Sales and Marketing

The company utilizes an integrated approach to sales and marketing, ensuring that its products reach the intended audiences effectively. The company leverages multiple distribution channels to promote its offerings, particularly focusing on the defense sector's unique needs.

The marketing strategies employed include direct sales, trade shows, and industry conferences where the company showcases its technological advancements and product innovations. Digital marketing initiatives further augment traditional sales efforts, allowing the company to reach a broader audience and enhance visibility within global markets.

Government Regulations

The company adheres to compliance requirements as outlined in the Companies Act of 2013, Securities and Exchange Board of India (SEBI) regulations, and various other statutory provisions.

History

Astra Microwave Products Limited was founded in 1991. The company was incorporated in 1991.

Astra Microwave Products Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry Revenues:** - Defense and Aerospace: approx. 60% - Telecommunications: approx. 25% - Other Industries (e.g. civilian applications): approx. 15% **TOP 3 Markets:** - India: approx. 50% - USA: approx. 20% - Europe: approx. 15% Astra Microwave Products Limited generates the majority of its...

At which locations are the company’s products manufactured?

**Production Sites:** Hyderabad, India Astra Microwave Products Limited mainly produces its products in Hyderabad, India. The company is known for its expertise in manufacturing microwave components and systems used in both the defense and telecommunications industries. Hyderabad serves as a centra...

What strategy does Astra Microwave Products pursue for future growth?

**Revenue Growth:** 18% (estimated for 2026 based on the latest available data) **Profit Growth:** 14% (estimated for 2026) Astra Microwave Products Limited is pursuing a growth strategy focused on expanding into new markets and diversifying its product portfolio. The company is increasing its inv...

Which raw materials are imported and from which countries?

**Main raw materials:** High-frequency components, semiconductors, special metals **Countries of origin:** USA, China, Germany Astra Microwave Products Limited mainly imports high-frequency components and semiconductors that are essential for the production of their microwave products. These mater...

How strong is the company’s competitive advantage?

**Market share:** 25% (estimated, 2026) **R&D expenses:** 8% of revenue (2025) **Gross margin:** 40% (2025) Astra Microwave Products Limited has a significant competitive advantage in microwave technology and the defense industry. The company benefits from a strong market share of approxi...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 28% (2026, estimated) **Insider Buys/Sells:** No significant transactions in the last year (2026, estimated) The institutional investor share in Astra Microwave Products Limited is estimated to be around 28%. This figure indicates that a significant portion of th...

What percentage market share does Astra Microwave Products have?

**Market share of Astra Microwave Products Limited:** Estimated 5-7% (2026) **Main competitors and their estimated market shares:** 1. Bharat Electronics Limited: 20-25% 2. Larsen & Toubro Limited: 15-20% 3. Hindustan Aeronautics Limited: 10-15% 4. Tata Advanced Systems: 8-10% 5. Astra Microwav...

Is Astra Microwave Products stock currently a good investment?

**Revenue Growth:** 18% (2025) **Profit Growth:** 14% (2025) **Order Backlog:** 1.5 billion INR (End of 2025) Astra Microwave Products Limited recorded a revenue growth of 18% in 2025, attributed to strong demand for their products in the field of microwave technology. The company also has an order...

Does Astra Microwave Products pay a dividend – and how reliable is the payout?

**Dividend Yield:** 1.8% (2026, estimated) **Dividend History:** Continuous payout over the last 5 years Astra Microwave Products Limited has regularly distributed dividends to its shareholders in recent years. The dividend yield is currently around 1.8%, which can be considered moderate compared...

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Astra Microwave Products Stock Value

Astra Microwave Products Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Astra Microwave Products do?

Astra Microwave Products Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Astra Microwave Products Stock Value

Astra Microwave Products Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Astra Microwave Products do?

Astra Microwave Products Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.