Aerospace & Defence company Apollo Micro Systems announced Q1FY26 results Revenue surged to Rs 134 crore, up 46% YoY, compared to Rs 91 crore in Q1FY25 PAT rose sharply to Rs 18 crore, marking an 110% YoY growth over Rs 8 crore in Q1FY25 Baddam Karunakar Reddy, Managing Director, Apollo Micro Systems, said: “I’m pleased to share that Apollo Micro Systems has commenced FY26 with exceptional momentum, delivering our strongest-ever Q1 performance — a clear reflection of our strategic focus, operational excellence, and the unwavering dedication of our team. In Q1FY26, we achieved a remarkable 46% year-on-year revenue growth, reaching Rs 1,335.8 million, up from Rs 912.0 million in the same quarter last year. This growth has been driven primarily by the robust execution of our order book and the seamless transition of several high-value systems into production. Our EBITDA (excluding Other Income) grew by 83% to Rs 409.4 million, compared to Rs 223.7 million in Q1FY25. More notably, our EBITDA margin expanded by 600 basis points, standing at 31% in Q1FY26, compared to 25% in Q1FY25 — a clear indication of strong operating leverage and improved cost efficiency. This momentum also translated into the bottom line. Our Profit After Tax (PAT) more than doubled, growing 110% year-on-year to Rs 176.8 million, up from Rs 84.3 million in Q1FY25. PAT margin also expanded by 400 basis points year-on-year and quarter-on-quarter, reaching 13% in Q1FY26, as against 9% in Q1FY25. In a business defined by tailored, complex, and mission-critical solutions, sequential (quarter-onquarter) comparisons often fail to reflect the true picture. Product mix and delivery cycles vary significantly based on client-specific requirements. Accordingly, annual performance remains the most meaningful benchmark for evaluating our financial and operational progress. Our sustained investments in indigenous technologies, coupled with our alignment to national defence priorities such as Atmanirbhar Bharat, continue to strengthen our position as a trusted partner in India’s evolving defence ecosystem. We are also pleased to announce a significant strategic milestone — the acquisition of IDL Explosives Ltd. This marks a new chapter for Apollo Micro Systems as we move closer to becoming a fully integrated Tier-1 defence OEM. The acquisition not only enhances our manufacturing capabilities but also broadens our solutions portfolio across critical areas of India’s defence supply chain. It is a proud moment and a feather in our cap that positions us for greater impact and scale. Looking ahead, we expect revenue to grow at a CAGR of 45% to 50% over the next two years — driven solely by the core business, excluding any contribution from the recent acquisition. This growth is underpinned by a healthy order book and multiple products entering the production phase. Operating margins are projected to improve in the first half of FY26 due to favorable operating leverage and product mix. However, ongoing and planned capital investments are expected to moderate margin expansion in the latter half of FY26 and into FY27. Recent geopolitical developments — particularly the India–Pakistan conflict — have further accelerated demand for indigenous defence solutions. Several of our systems were successfully tested and demonstrated during this period, generating significant interest and engagement across the defence value chain As we move forward, our focus remains steadfast: to innovate with purpose, deliver with precision, and deepen our strategic partnerships. At Apollo Micro Systems, we are not only setting new performance benchmarks — we are actively shaping the future of a self-reliant, secure, and technologically advanced defence infrastructure for our nation. Thank you for your continued trust and support" Result PDF
Aerospace & Defence company Apollo Micro Systems announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from Operations: Rs 1,617.7 million (+19% YoY) Total Revenue: Rs 1,625.0 million (+19% YoY) EBITDA (excl. Other Income): Rs 359.9 million (+25% YoY) EBITDA Margin: 22% (up from 21%, i.e., +1 percentage point) PBT (Profit Before Tax): Rs 220.0 million (+21% YoY) PAT (Profit After Tax): Rs 139.6 million (+8% YoY) Diluted EPS: Rs 0.5 (up from Rs 0.48) FY25 Financial Highlights: Revenue from Operations: Rs 5,620.7 million (+51% YoY) Total Revenue: Rs 5,649.5 million (+51% YoY) EBITDA (excl. Other Income): Rs 1,292.1 million (+54% YoY) EBITDA Margin: 23% (flat YoY) PBT: Rs 825.5 million (+87% YoY) PAT: Rs 563.6 million (+81% YoY) Diluted EPS: Rs 1.9 (up from Rs 1.2) Baddam Karunakar Reddy, Managing Director, Apollo Micro Systems, said: “FY25 has been a landmark year for Apollo Micro Systems Ltd — marking our strongest performance to date. We achieved a significant milestone with revenue reaching Rs 562.07 crore, representing a robust 51.24% year-on-year growth. EBITDA stood at Rs 132 crore, reflecting a 54% increase YoY, with a healthy EBITDA margin of 23.50%. Net profit surged by 81.18%, in line with our annual guidance. What we commit, we deliver. These results are a testament not just to numbers, but to the strength of our robust order book, the successful execution of strategic defence programs, and the seamless transition of several high-value products into the production phase. In a business defined by tailored, complex, and mission-critical solutions, sequential (quarter-on-quarter) comparisons often fail to reflect the true picture. Product mix and delivery cycles vary significantly based on client-specific requirements. Accordingly, annual performance remains the most meaningful benchmark for evaluating our financial and operational progress. Our sustained investments in indigenous technologies, coupled with our alignment to national defence priorities such as Atmanirbhar Bharat, continue to strengthen our position as a trusted partner in India’s evolving defence ecosystem. We are also pleased to announce a significant strategic milestone — the acquisition of IDL Explosives Ltd. This marks a new chapter for Apollo Micro Systems as we move closer to becoming a fully integrated Tier-1 defence OEM. The acquisition not only enhances our manufacturing capabilities but also broadens our solutions portfolio across critical areas of India’s defence supply chain. It is a proud moment and a feather in our cap that positions us for greater impact and scale. Looking ahead, we expect revenue to grow at a CAGR of 45% to 50% over the next two years — driven solely by the core business, excluding any contribution from the recent acquisition. This growth is underpinned by a healthy order book and multiple products entering the production phase. Operating margins are projected to improve in the first half of FY26 due to favorable operating leverage and product mix. However, ongoing and planned capital investments are expected to moderate margin expansion in the latter half of FY26 and into FY27. Recent geopolitical developments — particularly the India–Pakistan conflict — have further accelerated demand for indigenous defence solutions. Several of our systems were successfully tested and demonstrated during this period, generating significant interest and engagement across the defence value chain. As we move forward, our commitment remains unwavering: to drive innovation, deliver operational excellence, and deepen strategic partnerships. Apollo Micro Systems is not only delivering record-breaking results — we are helping shape a self-reliant, future-ready defence infrastructure for India.” Result PDF