Apollo Micro Systems Limited (APOLLO), a prominent player in India’s defence technology sector, has captured significant market attention following a robust set of financial results and the announcement of substantial new orders. The company’s shares surged by 4.30% on Wednesday, closing at Rs 270.90, reflecting investor confidence driven by historic quarterly revenues and strategic contract wins. This movement marks an impressive 163% increase from its 52-week low, underscoring its strong performance trajectory.
The company’s recent success is bolstered by significant new business wins, including a major Running Contract (RC) granted to its subsidiary, IDL Explosives Limited, for the supply of bulk explosives to Coal India Limited, valued at approximately Rs 4,193.96 million. Additionally, an export order worth Rs 15 million for cartridge explosives adds to the cumulative order book of Rs 4,208.96 million. These developments follow earlier significant orders, including Rs 1,002.47 million for Unmanned Aerial Systems destined for the Ministry of Defence, with execution slated within four months.
Apollo Micro Systems reported its Q2FY26 results, revealing a record quarterly revenue of Rs 225.26 crore, a remarkable 40% year-on-year increase from Rs 160.71 crore in Q2FY25. This growth was propelled by efficient order execution, leading to an 80% surge in EBITDA to Rs 59.19 crore and an expanded EBITDA margin of 26%. The company’s profitability also saw substantial improvement, with Profit After Tax (PAT) escalating by 91% year-on-year to Rs 30.03 crore, and a PAT margin of 13.3%.
These financial achievements highlight Apollo Micro Systems’ strengthened position within the defence ecosystem, supported by its commitment to indigenous technology development and alignment with the ‘Atmanirbhar Bharat’ initiative. As a significant entity within the BSE Small-cap Index, with a market capitalization exceeding Rs 8,900 crore, Apollo Micro Systems has a proven track record of delivering exceptional returns, including 825% over the past three years and a remarkable 2,000% over five years.
With a 40-year legacy in defence technology, the company specializes in advanced electronic, electro-mechanical, and engineering systems, positioning itself as a key contributor to India’s strategic defence needs through its multi-domain capabilities and robust manufacturing infrastructure.