Shares of Apollo Micro Systems Ltd gained 2.27% to Rs 284.20 in Thursday’s session after the company reported a robust set of numbers for the July–September quarter (Q2 FY26), with net profit nearly doubling year-on-year and multiple new order wins strengthening its growth outlook.
Q2 FY26 highlights
The Hyderabad-based defence electronics and engineering firm reported a 98.15% YoY surge in consolidated net profit to Rs 31.11 crore, compared to Rs 15.7 crore in the corresponding period last year.
Revenue from operations rose 40.2% YoY to Rs 225.3 crore, supported by continued momentum in defence, aerospace, and industrial electronics projects.
Operating performance also showed significant improvement, with EBITDA rising 82.7% YoY to Rs 59.59 crore, while EBITDA margin expanded to 26.45%, up from 20.29% a year earlier, reflecting better operating leverage and cost efficiencies.
Key defence orders and developments
In a major positive for the company’s order book, Apollo Micro Systems recently announced cumulative order inflows worth Rs 18.43 crore on October 29 from the Defence Research and Development Organisation (DRDO), several defence PSUs, and private sector clients.
Earlier, on October 16, the company was declared the lowest bidder (L1) by DRDO for contracts worth Rs 4.3 crore and by defence PSUs for projects worth Rs 34.97 crore, taking its total L1 value to Rs 39.27 crore.
Additionally, the firm has received Transfer of Technology (ToT) approval from DRDO for the Mechatronic Fuze for Grenade, marking a crucial step toward indigenization and self-reliance in defence manufacturing under the Make in India initiative.
Market performance
The stock opened at Rs 283.10 and touched an intraday high of Rs 291.75 before stabilizing around Rs 284.20. The company’s market capitalization currently stands at Rs 9,530 crore.
Apollo Micro Systems has also been one of the top-performing defence small-caps, trading near its 52-week high of Rs 354.70 and up over 200% year-to-date amid sustained order inflows and improved financial visibility.
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