Astra Microwave: India’s Defence Electronics
Astra Microwave Products is evolving from a component/sub-system supplier into an **IP-led defence electronics and systems-integration player**.
📊 **FY26 INVESTOR CHECK**
• Order book: **₹2,141 Cr**
• Opening order book: **₹1,952 Cr**
• Strong exposure to **Radar & Electronic Warfare**
• Growing opportunities in **Defence + Space**
• Focus shifting toward proprietary, higher-value systems
🔥 **KEY GROWTH TRIGGERS**
→ Atmanirbhar Bharat
→ Positive Indigenisation Lists
→ AESA Radar systems
→ Electronic Warfare
→ Satellite payload electronics
→ Indigenous defence procurement
→ Increasing Lead Systems Integrator (LSI) opportunities
One of the interesting developments is the company’s ambition to strengthen its **IP-led product portfolio** rather than remain dependent only on manufacturing contracts.
🚀 **SPACE OPTIONALITY**
Astra Microwave is also exploring a strategic restructuring of its Space vertical, with an ambitious plan to develop and launch a **proprietary satellite**.
If executed successfully, this could create an additional technology-led growth avenue beyond its core defence business.