Apollo Micro Systems Limited has submitted a Q2 FY27 and H1 FY27 tear sheet to the stock exchanges for stakeholder information.
Financial Performance Highlights:
H1 FY27 Performance (Consolidated):
- Revenue: ₹639 Crore, showing 78% Year-over-Year (YoY) growth
- PAT: ₹71 Crore, showing 50% YoY growth
- EBITDA (Excluding Other Income): 65% YoY growth
Standalone H1 FY27 Performance:
- Revenue: 29% YoY growth
- PAT: 44% YoY growth
- EBITDA (Excluding Other Income): 56% YoY growth
Q2 FY27 Performance (Consolidated):
- Revenue: ₹388 Crore (Highest-ever Q2 revenue), showing 72% YoY growth and 55% Quarter-over-Quarter (QoQ) growth
- PAT: ₹46 Crore, showing 54% YoY growth and 83% QoQ growth
- PBT: 114% YoY growth and 146% QoQ growth
- EBITDA (Excluding Other Income): 88% YoY growth and 107% QoQ growth
Standalone Q2 FY27 Performance:
- Revenue: 36% YoY growth and 97% QoQ growth
- PAT: 44% YoY growth and 72% QoQ growth
- PBT: 105% YoY growth and 140% QoQ growth
- EBITDA (Excluding Other Income): 82% YoY growth and 122% QoQ growth
- Standalone Q2 EBITDA Margin: 35% (Highest-ever)
Operational Highlights:
- Order Book: ₹1,765 Crore as on 30th September 2026
- The company highlights its 41-year relationship with DRDO for weapon system platforms
- Positioned as the only company in India supplying from individual systems to complete platforms including explosives
- Described as having the largest private public defence infrastructure in Indian defence sector
- Claims highest participation in indigenous missile programmes of DRDO
Strategic Developments:
1. Premier Explosives Acquisition: The Competition Commission of India (CCI) has cleared the deal, paving the way for the open offer to Premier Explosives' public shareholders.
2. Technology Transfer: Transfer of Technology (ToT) for the Semi-Active Laser Homing System (SALHS) was awarded in the presence of Hon'ble Raksha Mantri Shri Rajnath Singh Ji. This precision-guidance system enables munitions to engage laser-designated targets.
3. Bolkunda Silo Unit: IDL has commissioned a 9,000 MT-capacity bulk explosives plant near Asansol, West Bengal, spread across 8.4 acres, expanding its nationwide silo network.
4. New Entity Formation: Formation of ShauryAstra Defence Systems Private Limited, a new Apollo Group entity with mandate to design and develop complete weapon systems, long range systems and full defence platforms under the scientific stewardship of Promoter Dr. V. K. Saraswat.
5. IAF Contract: Indian Air Force sanctioned a Make-II prototype order for a 500 Kg Smart Bomb in July 2026, establishing the company as a Prime OEM in the Precision Guided Munition segment.
Business Segments:
The company operates in:
1. Explosives - Licensed by GOI to manufacture, assemble, integrate and proof-test high strategic value weapon systems and ammunitions including Missiles, ATGMs, Torpedoes, Underwater Mines, SAM, Chaffs, Flares, Decoys, Aerial Bombs, Rockets, Loitering Munitions
2. Critical Sub-systems/Systems
Vision 2036:
- To grow as a Global Original Equipment Manufacturer over the next ten years
- Recognizable revenue streams across Land, Air and Sea domains
- Increasing presence in Indian markets and continuing growth in global markets
- Strengthening Research & Development with latest technologies in RF, AI, Autonomy and Inertial Navigation
- Move from Tier-1 supplier to recognized Global OEM with Apollo's name on the platform
Disclaimer:
The document contains forward-looking statements based on current expectations and assumptions, with actual results potentially differing due to changes in government policy, market conditions, regulatory developments or other external factors.