Astra Microwave Secures ₹6,000-7,000 Cr Pipeline, Eyes Strong Growth

• Astra Microwave Products has secured a ₹6,000-₹7,000 crore execution pipeline over the next 3-4 years, ensuring sustained growth.
• The pipeline includes key defence projects like QR-SAMs, Uttam Radar, Angad, and Virupaksha radar, where the company is the L1 bidder.
• Recent ₹79,000 crore DAC approvals position Astra Microwave for more radar-specific orders and subsystems.
• Partnership with Bharat Electronics (BEL) is crucial, ensuring steady offtake and reducing customer concentration risk.
• Despite Q2FY26 volatility, FY27 revenue is guided at ₹1,400-₹1,500 crore, with healthy 21% operating margins and future growth in space sector.

Why It Matters: Astra Microwave has a robust, de-risked pipeline and strategic partnerships for significant long-term growth.