apsis aerocom reported a net profit of ₹751.06 lakh for the financial year ended March 31, 2026, reflecting a 13.7% increase compared to the prior year. Revenue from operations rose 49.5% to ₹3,064.52 lakh from ₹2,049.06 lakh in FY25, driven by robust operational performance. The company’s earnings per share (EPS) improved to ₹8.40 from ₹7.50 in the previous year.

The Board of Directors approved the audited financial results for the half year and financial year ended March 31, 2026 during a meeting held on May 28, 2026. Statutory auditors YCRJ & Associates issued an unmodified opinion on the financial results, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The audit report highlighted that the company's equity shares were listed on the SME Platform of the National Stock Exchange on March 18, 2026.

Financial Performance

Total revenue for FY26 stood at ₹3,075.27 lakh, up from ₹2,057.04 lakh in the previous year. Total expenses increased to ₹2,045.43 lakh from ₹1,148.31 lakh, primarily due to higher costs of material consumed and employee benefit expenses. Profit before tax for the year was ₹1,029.84 lakh, compared to ₹893.61 lakh in FY25.

For the half year ended March 31, 2026, the company reported a net profit of ₹424.33 lakh on revenue of ₹1,699.40 lakh. This period's performance was derived as the balancing figure between the audited full-year results and the unaudited figures for the six months ended September 30, 2025.

Balance Sheet and Cash Flows

The company’s balance sheet strengthened significantly post-IPO, with share capital increasing to ₹1,205.19 lakh as of March 31, 2026, from ₹97.78 lakh a year earlier. Reserves and surplus grew to ₹3,684.96 lakh. Total assets expanded to ₹6,317.64 lakh, bolstered by cash and cash equivalents of ₹3,650.51 lakh, compared to ₹110.89 lakh in the previous year.

Cash flow from operating activities improved to ₹703.51 lakh in FY26 from ₹4.95 lakh in FY25. Cash flow from financing activities was positive at ₹3,340.87 lakh, largely due to the proceeds from the IPO. The company raised gross proceeds of ₹3,577.20 lakh through its IPO, which opened on March 11, 2026, and closed on March 13, 2026.

IPO Fund Utilization

The company reported no deviation or variation in the utilization of IPO proceeds. As of March 31, 2026, ₹455.00 lakh had been utilized, primarily for IPO expenses. The remaining funds are allocated for capital expenditure towards the purchase of machinery and general corporate purposes. The Audit Committee reviewed the utilization and confirmed compliance with the objects stated in the prospectus.

apsis aerocom has secured a purchase order worth ₹1.53 crore from a domestic customer in the aerospace and defence segment, bolstering its order book in the specialized manufacturing sector. The supply order, valued at INR 1,53,76,033, is scheduled for execution within a period of eight months. This development was intimated to the National Stock Exchange of India Limited (SME Emerge) on May 27, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The order was awarded by a domestic entity, though the specific name of the customer has not been disclosed due to confidentiality clauses and commercial sensitivity. The terms and conditions of the contract are set according to the customer's specifications. The company confirmed that the order does not involve any interest from the promoter, promoter group, or group companies in the entity that awarded the contract.

Furthermore, Apsis Aerocom clarified that the transaction does not fall within related party transactions. The disclosure was made in compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Order Details

The following table outlines the key particulars of the order received: