Apollo Micro Systems Limited (APOLLO), a 40-year-old pioneer in defence technology, has reported exceptional momentum across its businesses, driven by substantial contract wins and record financial performance in Q2FY26. The company’s subsidiaries have secured significant deals, reinforcing Apollo’s growing footprint in defence systems execution and supply.
Apollo Defence Industries Private Limited, a subsidiary of Apollo Micro Systems, has entered into an agreement with a private company to execute a contract valued at Rs 1,500 million. This contract underscores the group’s expanding capabilities in defence systems and supply chain management.
Additionally, IDL Explosives Limited, a step-down subsidiary of Apollo Micro Systems, was awarded a Running Contract for the supply of bulk explosives to subsidiaries of Coal India Limited, amounting to Rs 4,193.96 million. The subsidiary also secured an export order for cartridge explosives worth Rs 15 million, bringing the cumulative order book for the unit to Rs 4,208.96 million.
Against this backdrop of strong order wins, Apollo Micro Systems announced its standalone and consolidated Q2FY26 results, reflecting the company’s operational strength and execution capabilities. The company recorded a historic-high quarterly revenue of Rs 225.26 crore, an increase of 40% year-on-year from Rs 160.71 crore in Q2FY25. This growth was driven by robust order execution across its defence and explosives businesses.
Operational profitability accelerated markedly, with EBITDA rising 80% to Rs 59.19 crore and EBITDA margin expanding by 600 basis points to 26%. These figures underscore efficiency improvements and disciplined cost management within the company.
With deep expertise in the design, development, and manufacture of advanced electronic, electro-mechanical, and engineering systems, Apollo Micro Systems leverages multi-domain, multidisciplinary capabilities and robust infrastructure to build cutting-edge defence technologies. The recent contract awards and strong quarterly performance demonstrate the company’s ability to convert its technological strengths and expanding order book into sustained financial growth.
“The recent contract awards and strong quarterly performance demonstrate the company’s ability to convert its technological strengths and expanding order book into sustained financial growth,” said a spokesperson for Apollo Micro Systems.
This momentum positions Apollo Micro Systems for continued leadership in India’s defence and strategic manufacturing landscape. The company’s focus on innovation, operational efficiency, and strategic partnerships is likely to drive further growth and solidify its position as a key player in the defence sector.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.