Apollo Micro Systems Ltd

The company's consolidated profit after tax rose 168.7% YoY and 46.5% QoQ to Rs 37.62 crore in Q4 FY26. Net sales increased 81.3% YoY and 16.3% sequentially to Rs 293.26 crore during the quarter. EBITDA excluding other income stood at Rs 67.64 crore in Q4 FY26, up 88% from Rs 35.99 crore in the corresponding quarter last year and 34.2% higher than Rs 50.39 crore posted in Q3 FY26. EBITDA margin improved to 23.1% from 22.2% in Q4 FY25 and 20% in the previous quarter. Profit before tax stood at Rs 54.79 crore in Q4 FY26, up 149.1% year-on-year and 73.6% quarter-on-quarter. On the cost front, total expenditure climbed 79.4% YoY to Rs 225.61 crore. Raw material costs rose 78.5% to Rs 222.93 crore, while employee expenses increased 97.2% to Rs 13.45 crore during the quarter. Interest costs declined 14.2% YoY to Rs 9.08 crore, while depreciation expense rose 68.4% to Rs 6.97 crore. For the full year FY26, Apollo Micro Systems reported net sales of Rs 904.32 crore, up 60.9% from Rs 562.07 crore in FY25. Profit before tax rose 87.5% to Rs 154.8 crore, while profit after tax surged 100.2% to Rs 112.92 crore. EBITDA for the year rose 68.8% to Rs 218.16 crore. The company ended FY26 with a consolidated order book of Rs 1,432 crore as of 31 March 2026, providing strong revenue visibility ahead. Commenting on the performance, Addam Karunakar Reddy, managing director of Apollo Micro Systems, said FY26 was a breakthrough year for the company, marked by its highest-ever annual revenue and profitability, successful completion of the IDL Explosives acquisition through Apollo Defence Industries Pvt Ltd (ADIPL), receipt of a DPIIT licence for UAV manufacturing and securing its first export order. He added that another acquisition through ADIPL is expected to be completed before the end of the next financial year, which would further strengthen the company's organic growth and overall business capabilities. Net cash used in operating activities stood at Rs 129.76 crore in FY26 compared with positive operating cash flow of Rs 10.24 crore in FY25. Apollo Micro Systems is a Hyderabad-based defence and aerospace technology company engaged in the design, development and manufacturing of defence electronics, embedded systems, electronic warfare suites, electro-optic systems and weapon system solutions for the Indian armed forces and global customers. Powered by Capital Market - Live

Apollo Micro Systems announced that the Board of Directors of the Company at its meeting held on 18 May 2026, inter alia, have recommended the final dividend of Rs 0.25 per equity Share (i.e. 25%) , subject to the approval of the shareholders.

Net profit of Apollo Micro Systems rose 168.71% to Rs 37.62 crore in the quarter ended March 2026 as against Rs 14.00 crore during the previous quarter ended March 2025. Sales rose 81.28% to Rs 293.26 crore in the quarter ended March 2026 as against Rs 161.77 crore during the previous quarter ended March 2025. For the full year,net profit rose 100.21% to Rs 112.92 crore in the year ended March 2026 as against Rs 56.40 crore during the previous year ended March 2025. Sales rose 60.89% to Rs 904.32 crore in the year ended March 2026 as against Rs 562.07 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales293.26161.77 81 904.32562.07 61 OPM %23.0722.25 -24.1322.99 - PBDT61.7626.14 136 177.1197.88 81 PBT54.7922.00 149 154.8082.55 88 NP37.6214.00 169 112.9256.40 100 Powered by Capital Market - Live

Apollo Micro Systems will hold a meeting of the Board of Directors of the Company on 18 May 2026.

The company has bagged orders worth Rs 174.78 crore from the Ministry of Defence. It has received contracts worth Rs 95.28 crore from public sector defence undertakings. The remaining orders worth Rs 240.18 crore are from private companies. Apollo Micro Systems is a defence technology firm engaged in the design, development and manufacturing of electronic systems and subsystems for the defence sector. On a consolidated basis, the company's net profit surged 40.64% to Rs 25.68 crore on a 70% jump in net sales to Rs 252.22 crore in Q3 FY26 over Q3 FY25. Powered by Capital Market - Live

The licence, granted by the Department for Promotion of Industry and Internal Trade under the Ministry of Commerce and Industry, allows the company to manufacture a wide range of high-value systems. These include missiles, anti-tank guided missiles, torpedoes, aerial bombs and loitering munitions. The approval has lifetime validity and marks a significant shift in the company's business model. Apollo Micro Systems will now move from being a provider of embedded systems and subsystems to an end-to-end platform manufacturer of complete weapon systems. Manufacturing and testing will be carried out at the company's facilities in Hyderabad. The development is expected to strengthen its positioning in India's defence ecosystem and support its long-term growth strategy. Apollo Micro Systems is a defence technology firm engaged in the design, development and manufacturing of electronic systems and subsystems for the defence sector. On a consolidated basis, the company's net profit surged 40.64% to Rs 25.68 crore on a 70% jump in net sales to Rs 252.22 crore in Q3 FY26 over Q3 FY25.

Apollo Micro Systems has been granted a License by the Government of India, Ministry of Commerce and Industry, Department for Promotion of Industry and Internal Trade (DPIIT), for the manufacture of ammunitions. The License authorises Apollo Micro Systems to manufacture, assemble, integrate, and proof-test the following high-value strategic weapon systems and munitions. For the following category and system the License has been granted: 1. Arms of Caliber Above 12.7mm (Category I) - Manufacturing of Missiles, Anti-Tank Guided Missiles (ATGMs), Torpedoes, Underwater Mines, Safety Arming Mechanism, Chaffs, Flares and Decoys. 2. Arms of Caliber Above 12.7mm (Category II) - Manufacturing of Aerial Bombs, Rockets, Loitering Munition.  

The company announced it is the only Indian firm to have developed this product for the Indian Navy, marking a significant milestone. The development positions Apollo Micro Systems as a provider of a complete spectrum of underwater mines, including shallow-water, deep-water, and limpet mine categories, strengthening its capabilities in underwater electronic warfare systems. Apollo Micro Systems, a pioneer in defence technology, specializes in the design, development, and manufacture of advanced electronic, electromechanical, and engineering systems. The company's consolidated net profit surged 25.4% to Rs 22.88 crore on a 70% jump in net sales to Rs 252.22 crore in Q3 FY26 over Q3 FY25.

Apollo Micro Systems has successfully completed blast trials for Limpet mines. These Limpet Mines are diver carried mines used in Naval Defence. We are the only Indian Company who has successfully developed this product for Indian Navy. This is a remarkable milestone for the company positioning it to be a provider of complete spectrum of underwater Mines right from Shallow waters, Deep Waters and Limpet Mine Categories building its strengths in underwater Electronic Warfare systems, said the company.

The orders include contracts worth Rs 15 crore from the Defence Research and Development Organisation (DRDO), Rs 43.50 crore from defence public sector undertakings (DPSUs), Rs 13.96 crore from private companies, and Rs 0.87 crore from other government departments, where the company holds the L1 position. The scope of work covers critical homing systems for heavyweight torpedoes, fire control systems, launchers for strategic missile programs, avionic LRUs for missiles and other platforms, and cybersecurity systems for intelligence departments. Apollo Micro Systems, a pioneer in defence technology, specializes in the design, development, and manufacture of advanced electronic, electromechanical, and engineering systems. The company's consolidated net profit surged 25.4% to Rs 22.88 crore on a 70% jump in net sales to Rs 252.22 crore in Q3 FY26 over Q3 FY25. Shares of Apollo Micro Systems rose 0.51% to Rs 215.25 on the BSE.Powered by Capital Market - Live