Apsis Aerocom Limited reported a net profit of ₹751.06 lakh for the financial year ended March 31, 2026, representing a 13.7% increase from ₹660.31 lakh in the prior year. Revenue from operations surged 49.5% to ₹3,064.52 lakh from ₹2,049.06 lakh in FY25. The company's board approved the audited financial results for the half year and financial year ended March 31, 2026 at a meeting held on May 28, 2026.

The company's total income 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. Profit before tax for the year was ₹1,029.84 lakh compared to ₹893.61 lakh in FY25. Basic earnings per share (EPS) for the year improved to ₹8.40 from ₹7.50 in the previous year.

Financial Performance

The statement of financial results highlights the following key metrics for the year ended March 31, 2026:

IPO and Fund Utilization

Apsis Aerocom successfully completed its Initial Public Offering (IPO), with equity shares listing on the SME Platform of NSE Emerge on March 18, 2026. The company raised gross proceeds of ₹3,577.20 lakh through the issue of 32,52,000 equity shares at a price of ₹110 per share. The net proceeds after deducting issue-related expenses were ₹3,093.50 lakh.

As of March 31, 2026, the company had utilized ₹455.00 lakh of the IPO proceeds, primarily towards IPO expenses. The balance of ₹3,122.20 lakh remains to be utilized for capital expenditure and general corporate purposes. The statutory auditors, M/s. YCRJ & Associates, confirmed there was no deviation or variation in the utilization of funds from the objects stated in the prospectus.

Balance Sheet and Cash Flows

The company's total assets as of March 31, 2026, stood at ₹6,317.64 lakh, a significant increase from ₹1,773.60 lakh in the previous year. This growth was largely driven by cash and cash equivalents, which rose to ₹3,650.51 lakh from ₹110.89 lakh. Shareholders' funds increased to ₹4,890.15 lakh from ₹1,021.58 lakh, supported by the infusion of share capital.

Cash flow from operating activities generated ₹703.51 lakh during the year, compared to ₹4.95 lakh in the previous year. Cash flow from financing activities was robust at ₹3,340.87 lakh, primarily due to the proceeds from the issuance of share capital amounting to ₹3,117.51 lakh.

Promoter Mihir Kumar Pradhan has confirmed that he and Persons Acting in Concert have not created any encumbrance, directly or indirectly, on shares of Apsis Aerocom during the financial year ended March 31, 2026. The disclosure was submitted to the National Stock Exchange of India Limited in compliance with regulatory requirements.

The declaration was made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Pradhan stated that no new encumbrances were made other than those already disclosed during the specified financial year.

The disclosure provides transparency regarding the holding status of the promoter group, ensuring that shareholders and the exchange are informed about any potential pledges or charges on the company's shares. The absence of new encumbrances indicates stability in the promoter's holding structure for FY26.

The following table summarizes the key details of the disclosure:

The filing was addressed to the Audit Committee of Apsis Aerocom Limited and the National Stock Exchange of India Limited. The disclosure is part of the company's ongoing compliance with SEBI regulations to maintain transparency in shareholding patterns.