Apollo Micro Systems Ltd

Apollo Micro Systems Ltd has issued a clarification regarding its earlier disclosure on November 2, 2026, concerning the acquisition of shares in Premier Explosives Limited. The company has corrected the number of shares acquired to 1,39,77,911 and the percentage of oversubscription to 5.45%. This update provides precise figures for the transaction, ensuring accurate reporting for investors.

Apollo Micro Systems Limited held an Extra-ordinary General Meeting (EGM) on August 4, 2026, where members approved several key resolutions. These include an increase in authorized share capital, a preferential issue of equity shares and convertible warrants to identified non-promoter persons and promoter group entities, authorization to borrow monies exceeding paid-up capital, and authorization to create security and make investments. The company also provided clarifications regarding the preferential issue, including the basis for price determination by a registered valuer and the intention of certain individuals to subscribe to the warrants. The voting results and scrutinizer's report are being submitted separately.

Apollo Micro Systems Limited (AMSL) has deposited ₹986.35 Crores into a special escrow account with the State Bank of India. This amount pertains to the open offer for acquiring 1,39,77,600 equity shares, representing 26% of Premier Explosives Limited (PEL). The open offer, which ran from October 12-26, 2026, was oversubscribed by 1.41%. This deposit signifies AMSL's commitment to completing the acquisition of shares from PEL's public shareholders.

Apollo Micro Systems Ltd announced that its Whole Time Director - Operations, Mr. Addepalli Krishna Sai Kumar, will be a guest on a TV interview. The interview is scheduled to be recorded on Tuesday, October 27, 2026, and will be telecasted on Wednesday, October 28, 2026, at 11:40 AM on NDTV PROFIT. The discussion will focus on publicly available information, and no unpublished price-sensitive information (UPSI) will be disclosed. The company will inform the stock exchanges in case of any schedule revision.

Apollo Micro Systems Ltd announced that its Whole Time Director - Operations, Mr. Addepalli Krishna Sai Kumar, is scheduled to attend a TV interview on Tuesday, October 27, 2026, at 1:25 PM on CNBC AWAAZ for the show 'Know Your Company'. The discussions will be based on publicly available information, and no unpublished price-sensitive information (UPSI) is intended to be discussed. The company will inform stock exchanges in case of any revision to the schedule.

Apollo Micro Systems Ltd has released its Q2 and H1 FY27 financial performance, showcasing significant year-on-year growth. In Q2 FY27, the company recorded revenue of ₹388.15 crore, EBITDA of ₹111.18 crore, and profit after tax (PAT) of ₹46.15 crore, marking increases of 72.3%, 87.8%, and 53.7% respectively. For the first half of FY27 (H1 FY27), revenue reached ₹639.44 crore, EBITDA stood at ₹164.91 crore, and PAT was ₹71.37 crore, with year-on-year growth of 78.2%, 64.7%, and 49.6% respectively. The Managing Director's letter highlights the company's commitment to indigenous defence systems and its strategic positioning for future growth, particularly in missile technology development, leveraging its established capabilities in avionics, electronics, and energetics.

Apollo Micro Systems Limited announced record-breaking results for Q2 FY27 and H1 FY27, marking the highest-ever performance across revenue, EBITDA, PAT, and EBITDA margin. For Q2 FY27, consolidated revenue surged 78% year-on-year to ₹388 Cr, with EBITDA at ₹165 Cr and PAT at ₹71 Cr. Standalone revenue for Q2 FY27 jumped 97% quarter-on-quarter to ₹306 Cr, driven by strong performance in Land Defence and Explosives segments. The company also reported a consolidated order book of ₹1765 Cr as of September 30, 2026. The Managing Director highlighted strong execution and a focus on accelerating capabilities to meet the evolving needs of the defence sector.

Apollo Micro Systems Ltd (AMS) has released a tear sheet providing an update for H1 FY27 and Q2 FY27. For H1 FY27, the company reported revenue of ₹639 Cr and Profit After Tax (PAT) of ₹71 Cr. The order book stands at ₹1765 Cr. AMS highlights its unique position in India as a fully integrated defence company with extensive experience in DRDO weapon platforms, end-to-end capabilities, and the largest private defence infrastructure. The company is a Tier-1 OEM and weapon manufacturer, powering India's flagship defence programs. Performance highlights for 2021-2026 project a revenue CAGR of 30% and PAT CAGR of 64%. Q2 FY27 saw record revenue of ₹388 Cr and PAT of ₹46 Cr. Recent milestones include CCI clearance for the Premier Explosives deal, ToT for a Semi-Active Laser Homing System, and commissioning of a new bulk explosives plant. AMS aims to become a Global OEM by 2036 with diversified revenue streams across land, air, and sea domains.

Apollo Micro Systems Ltd announced the outcome of its Board Meeting held on October 24, 2026. The Board considered and approved the Unaudited Standalone and Consolidated Financial Results for the Quarter and Half Year ended September 30, 2026. The meeting also took note of the Limited Review Reports for these results. The Board meeting commenced at 11:30 AM IST and concluded at 3:15 PM IST.

Apollo Micro Systems posted consolidated revenue of ₹388.15 Cr for Q2 FY27, up 72.3% YoY (₹225.26 Cr) and 54.5% QoQ (₹251.29 Cr) — comfortably clearing the pre-result preview's ₹250-270 Cr expectation and consistent with management's prior guidance of "continued strong growth" into FY27/FY28 on large-ticket order inflows. Consolidated PAT (pre-minority) was ₹46.15 Cr, up 53.7% YoY and 83.0% QoQ; profit attributable to owners was ₹48.43 Cr with basic EPS of ₹1.32 (vs ₹0.93 YoY). The headline tension: PAT growth trailed revenue growth YoY, something the quarter's PBT performance (+114.3% YoY to ₹92.48 Cr) did not foreshadow — the gap sits entirely in tax, not operations. Operating margin actually expanded — to 28.6% from 26.3% a year ago and 21.4% last quarter — and PBT margin widened to 23.6% from 19.0% YoY, both pointing to genuine operating leverage as revenue scaled. Net margin nonetheless compressed to 11.8% from 13.3% YoY, because the effective tax rate jumped to 50.1% (tax expense ₹46.32 Cr on PBT ₹92.48 Cr) from 30.4% a year ago — the filing gives no explanation for the higher current-plus-deferred tax charge. That tax drag, not a weaker underlying business, is why consolidated PAT growth (53.7% YoY) fell short of revenue growth (72.3% YoY). Standalone (parent-only) revenue was ₹306.29 Cr (+36.0% YoY) and PAT ₹47.73 Cr (+58.9% YoY) — standalone PAT actually exceeds the consolidated figure, because Group subsidiaries are loss-making: non-controlling interest absorbed a ₹2.28 Cr loss this quarter, and the auditors' consolidated review carries an Emphasis of Matter noting subsidiaries (including newly acquired IDL Explosives, which posted a ₹2.57 Cr net loss for H1) have negative net worth, cash losses and large borrowings that raise going-concern questions at the subsidiary level — though the audit opinion itself was not modified, citing parent support. The quarter's newsflow is consistent with the consolidation story: a group company inaugurated a new plant (Oct 22), the CCI confirmed the Premier Explosives-related transaction isn't a notifiable combination (Sep 24), and the company won a Transfer-of-Technology award for a Laser Homing System (Sep 16) — all feeding the order-book narrative management has guided to. No separate management press release accompanied this filing to independently frame the quarter. H1 FY27 consolidated PAT of ₹71.37 Cr is already up 49.6% YoY, well ahead of the ~15-20% full-year PAT growth brokers have penciled in for FY27 — a gap that should prompt estimate revisions if H2 holds. Revenue growth did moderate from Q1 FY27's 88% YoY pace to 72.3% this quarter, a deceleration worth watching against management's "accelerated growth" framing for its Vision 2036 roadmap, alongside whether the elevated ~50% tax rate normalizes and how quickly the loss-making subsidiaries turn around.