Astra Microwave Products Share Price in Focus; JV Secures ₹250.58 Crore Order from HAL

Astra Microwave Products Limited, through its joint venture (JV) Astra Rafael Comsys Private Limited, has secured a significant order valued at ₹250.58 crore from Hindustan Aeronautics Limited (HAL) for the supply of Software Defined Radios (SDR) to HAL, Bangalore. 

Details of the HAL Order 

The order, awarded on April 1, 2026, involves the supply of Software Defined Radios to HAL, Bangalore. The total value of the order, including taxes, is ₹250.58 crore.  

This contract is a domestic engagement, highlighting Astra Microwave's strong presence in the Indian defence sector. 

Execution Timeline and Financials 

The contract is set to be executed within 18 months, ensuring timely delivery of the SDRs. The financial size of the order underscores the strategic importance of this deal for Astra Microwave and its joint venture partner, Astra Rafael Comsys Private Limited. 

Non-Related Party Transaction 

It is important to note that this transaction does not fall under related party transactions, and there is no interest from the promoter or promoter group in the entity awarding the contract. This ensures transparency and adherence to regulatory norms. 

Company Background and Certifications 

Astra Microwave Products Limited is a well-established company with multiple certifications, including ISO 9001, ISO 14001, ISO 45001, and ISO 27001.  

The company operates several units in Telangana and an R&D centre in Karnataka, reflecting its robust infrastructure and commitment to quality. 

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Astra Microwave Products Share Price Performance 

As of April 02, 2026, at 10:50 AM, Astra Microwave Products share price on NSE was trading at ₹904.00 up by 0.76% from the previous closing price. 

Conclusion 

The recent order from HAL for ₹250.58 crore marks a significant achievement for Astra Microwave Products and its joint venture. This contract not only reinforces the company's position in the domestic defence sector but also highlights its capability in delivering advanced communication solutions. 

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