Apollo Micro Systems’ shares surged 9% to ₹407 on Tuesday after the company announced a 53.3% jump in profit after tax to ₹46 cr and a 72.4% rise in revenue to ₹388 cr. The jump was well above the market's 45‑cr consensus estimate.
Profit after tax rose from ₹30 cr a year ago, while earnings before interest, taxes, depreciation and amortization (EBITDA) leapt 88.1% to ₹111 cr, pushing the EBITDA margin to 28.6% from 26.0% last year.
Apollo Micro’s order book hit ₹1,765 cr as of September, offering a clear runway for future execution. Working‑capital days slipped to 353 from 359, signalling a marginal improvement in cash‑flow efficiency.
The company reiterated a 40–45% growth target for FY27, citing missile‑technology expansion and new projects like MIGM and moored mines. It is also building explosives capabilities through the IDL and Premier Explosives deals. Investors will watch the June filing for guidance confirmation.