Apollo Micro Systems Limited Q1 FY2027 Financial Results Summary

Company Financial Performance Overview

Apollo Micro Systems Limited reported its unaudited financial results for the quarter ended 30 June 2026 (Q1 FY2027), showing significant growth in both standalone and consolidated operations.

Standalone Financial Results (All figures in lakhs)

  • Revenue from operations: ₹15,589.44 (Q1 FY27) vs ₹13,358.31 (Q1 FY26) - 16.7% increase
  • Other Income: ₹735.83 (Q1 FY27) vs ₹134.74 (Q1 FY26)
  • Total Income: ₹16,325.27 (Q1 FY27) vs ₹13,493.05 (Q1 FY26)
  • Profit before tax: ₹4,070.22 (Q1 FY27) vs ₹2,782.26 (Q1 FY26) - 46.3% increase
  • Profit after tax: ₹2,783.38 (Q1 FY27) vs ₹1,942.56 (Q1 FY26) - 43.3% increase
  • Basic EPS: ₹0.77 (Q1 FY27) vs ₹0.62 (Q1 FY26)
  • Diluted EPS: ₹0.77 (Q1 FY27) vs ₹0.60 (Q1 FY26)

Consolidated Financial Results (All figures in lakhs)

  • Revenue from operations: ₹25,129.30 (Q1 FY27) vs ₹13,358.31 (Q1 FY26) - 88.1% increase
  • Other Income: ₹224.95 (Q1 FY27) vs ₹87.20 (Q1 FY26)
  • Total Income: ₹25,354.25 (Q1 FY27) vs ₹13,445.50 (Q1 FY26)
  • Profit before tax: ₹3,766.73 (Q1 FY27) vs ₹2,528.85 (Q1 FY26) - 49.0% increase
  • Profit after tax: ₹2,521.60 (Q1 FY27) vs ₹1,768.46 (Q1 FY26) - 42.6% increase
  • Basic EPS: ₹0.75 (Q1 FY27) vs ₹0.59 (Q1 FY26)
  • Diluted EPS: ₹0.75 (Q1 FY27) vs ₹0.57 (Q1 FY26)

Regulatory Compliance and Document Details

  • Date of Communication: 8 August 2026
  • Nature of Document: Quarterly financial results submission pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Review Status: Financial results reviewed by Audit Committee and approved by Board of Directors on 8 August 2026
  • Auditor Review: Statutory Auditors S.T. Mohite & Co. conducted limited review of both standalone and consolidated results

Key Corporate Developments

  • Share Warrant Conversion: During Q1 FY27, the balance 1,43,07,072 share warrants were converted into equity shares at conversion price of ₹114 per share
  • Complete Conversion: All 3,80,67,058 share warrants issued on 2 June 2025 have been converted, with no warrants outstanding as of 30 June 2026
  • Subsidiary Acquisition: Apollo Defence Industries Private Limited acquired 100% stake in IDL Explosives Limited for ₹10,700.00 lakhs, completed on 15 November 2025

Auditor Emphasis and Qualifications

  • Going Concern Matter: Auditors highlighted that certain subsidiaries have negative net worth, incurred cash losses, and have large borrowings/liabilities
  • Subsidiary Review Limitations: IDL Explosives Limited (step-down subsidiary) with total assets of ₹23,470 lakhs and revenue of ₹9,540 lakhs for the quarter was reviewed by other auditors
  • Management Confidence: Despite subsidiary challenges, management believes in going concern basis due to improving performance and parent company support

Additional Notes

  • Segment Reporting: Company operates in single segment - electromechanical components and systems and allied components and services
  • EPS Comparability: EPS not strictly comparable YoY due to 11% increase in weighted average equity shares from 33,35,32,454 (Q1 FY26) to 37,15,99,512 (Q1 FY27)
  • Results Availability: Financial results available on BSE, NSE, and company website under "Investors" section

Topic Tags: Financial Results, Regulatory Compliance, Share Conversion, Subsidiary Performance, Auditor Review