Astra Microwave Products Limited

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Astra Microwave Products Limited - overview

Established

1991

Location

Hyderabad, Telangana, India

Primary Industry

Consumer Products

About

Astra Microwave Products Limited focuses on developing advanced RF, microwave, and digital systems, serving critical sectors such as defense, space, and homeland security with innovative technological solutions. Founded in 1991 in Hyderabad, India, Astra Microwave Products Limited specializes in RF and microwave technologies. The company operates independently and has been focused on meeting the growing demands of the defense and space sectors. Its founder has a rich background in technology and has contributed significantly to the company's strategic direction.


Astra has successfully completed at least one notable funding deal, with a recent transaction dated October 2001, when Frontline Strategy acquired the firm, although specific financial details of the deal were not disclosed. Astra Microwave Products Ltd. specializes in advanced RF, microwave, and digital systems, primarily catering to the defense, space, meteorology, and homeland security sectors. Their product portfolio includes high-end electronic warfare systems, RF microwave subsystems, and solutions for unmanned ground vehicles, which enhance operational capabilities in strategic applications.


Notable offerings such as the Akash Air Defence System underline Astra's commitment to delivering technology that ensures efficient electromagnetic compatibility while fulfilling rigorous industry standards. The company serves a diverse clientele, including government agencies and defense organizations in India and international markets, where their systems facilitate improved surveillance, communication, and operational effectiveness. In the most recent fiscal year, Astra Microwave Products Ltd. reported a revenue of USD 86.


34 mn and an EBITDA of USD 11. 15 mn for 2021. The company generates revenue through B2B transactions primarily in the defense sector, engaging directly with governmental entities to provide tailored solutions. Revenue streams are structured around project-based contracts for specialized products, including radar systems and electronic warfare equipment, focusing on long-term contracts that ensure recurring business.


The pricing structure reflects the complexity and customization of systems provided, meeting the unique demands of each project. Astra's systems, particularly those involved in the Akash Missile program, are integral to their offerings and significantly contribute to their revenue base, maintaining a robust position in both domestic and selected international markets. Moving forward, Astra Microwave Products Ltd. plans to enhance its product line with new RF and microwave solutions aimed at both domestic and international markets.


They are exploring expansion opportunities in Southeast Asia and Europe by 2025, targeting defense contracts and partnerships in those regions. Recent funding from the October 2001 deal will be utilized to bolster R&D efforts, facilitating the development of advanced systems and expanding their market presence. Astra is committed to maintaining its momentum in innovation while strengthening its operational capabilities to meet the evolving needs of the defense sector.


Current Investors

Frontline Strategy

Primary Industry

Consumer Products

Sub Industries

Consumer Electronics

Website

www.astramwp.com

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Astra Microwave Products Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedAstra Microwave Products Limited-

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