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
Aerospace & Defence company Apollo Micro Systems announced Q3FY25 results Revenue: Rs 1483.9 million compared to Rs 913.4 million during Q3FY24, change 62.5%. EBITDA: Rs 379.6 million compared to Rs 240.1 million during Q3FY24, change 58.1%. EBITDA Margin: 25.6% for Q3FY25. PBT: Rs 261.9 million compared to Rs 143.7 million during Q3FY24. PAT: Rs 182.4 million compared to Rs 99.6 million during Q3FY24, change 83.1%. PAT margin: 12.3% for Q3FY25. EPS: Rs 0.60 for Q3FY25. Management Commentary: We are pleased to report the consolidated financial and operational results for the third quarter of FY25 & nine month FY25. In Q3FY25, our revenue saw a significant increase of 62.5%, reaching Rs 1,483.9 million, compared to Rs 913.4 million in Q3FY24. This growth was driven by the successful execution of our order book, reflecting strong demand and operational excellence. For 9MFY25,revenues increased by 69.5%, from Rs 2,362.0 million in 9MFY24 to Rs 4,003.0 million in 9MFY25, demonstrating sustained momentum in our core business operations. Our EBITDA also showed remarkable growth, rising by 58.1% to Rs 379.6 million in Q3FY25. While the EBITDA margin remained stable with a minor decrease of 70 bps as compared to Q3FY24 and stood at 25.6% in Q3FY25. For 9MFY25, EBITDA increased by 69.1% to Rs 932.2 million as compared to Rs 551.2 million in Q3FY24 while EBITDA margin remained stable at 23.3%, demonstrating our commitment to operational efficiency and profitability. Additionally, our PAT for Q3FY25 amounted to Rs 182.4 million, a substantial increase of 83.1% from Rs 99.6 million in Q3FY24, with PAT margin improved by 140 bps to reach 12.3% in Q3FY25 For 9MFY25, PAT increased by 133.2%,amounting to Rs 424.0 million, as compared to Rs181.8 million in 9MFY24 with PAT margin improved by 290 bps to reach 10.6% in 9MFY25. Our growing order book in Q3FY25 reflects the expanding pipeline of projects across multiple sectors, with strong demand for our advanced solutions. This robust order book ensures a steady revenue stream and provides a solid foundation for future growth, positioning AMS to capitalize on emerging opportunities in both the domestic and international markets. We are also excited to announce our participation in Aero India 2025, scheduled from February 10th to 14th, 2025 in Bangalore. Aero India is a premier event in the aerospace and defense industry, and our participation aligns with our strategic goals. It provides an excellent platform to showcase our products, engage with key stakeholders, and strengthen business partnerships. We are confident that this event will further enhance our visibility and open new avenues for growth in the aerospace and defense sectors. In addition, We have issued Equity Shares and Equity Warrants on preferential basis aggregating upto Rs 816 Crores. This will raise significant capital to support our ongoing efforts. The funds will be utilized for working capital requirements, research and development expenses to drive innovation in future technologies, investment in subsidiaries, and general corporate expenses. The defense sector in India is experiencing unprecedented growth, driven by transformative initiatives such as Make in India and Atmanirbhar Bharat. These programs promote self-reliance, innovation, and indigenous manufacturing, while encouraging private sector participation and collaboration with start-ups. As specialists in advanced electronics, engineering solutions, and custom-built systems, we are well-positioned to support India’s defense modernization and contribute to the nation’s goal of becoming a global leader in defense production and exports. In conclusion, we have delivered strong results in Q3FY25, with significant revenue growth and improved profitability. With a solid order book, strategic focus on India’s growing defense sector, and a commitment to innovation and operational excellence, we are well-positioned to capitalize on emerging opportunities and continue our growth trajectory. Our focus on leveraging key defense initiatives will ensure that we are on track to create sustained value for our stakeholders. Result PDF