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.

Apsis Aerocom Limited reported a 49.56% year-on-year increase in revenue from operations to ₹30.65 crore for the financial year ended March 31, 2026, driven by strong execution across its aerospace, defence and healthcare segments. The company’s profit after tax rose 13.8% to ₹7.5 crore, while EBITDA stood at ₹11.4 crore. The order book position remains robust at ₹40.5 crore, providing visibility for the upcoming financial year.

Financial Performance

The defence segment was the largest contributor, accounting for approximately 65% of total revenue at around ₹20 crore. The aerospace segment contributed 26%, generating ₹7.85 crore, while healthcare added 8%. Despite a moderation in EBITDA margins to 37% from 49% in the previous year, due to listing expenses and costs associated with the delayed commencement of Unit 2, profitability improved. Earnings per share increased to ₹8.4 from ₹7.5 in the previous year.

Operational Highlights

The company developed over 250 new components during the year, with a quality rating exceeding 99% and customer satisfaction above 95%. To support future growth, Apsis Aerocom is investing approximately ₹60 crore in Unit 2, a new precision machining facility at the Hitech Aerospace and Defence Park in Bangalore. The facility is scheduled to commence operations by the end of July or early August, with eight machines already installed. Management targets FY27 revenue of approximately ₹48 crore, with Unit 2 expected to contribute significantly.

Strategic Outlook

Looking ahead, the company aims to reduce customer concentration, with the top customer contribution dropping to 35% from 52%. The management expressed confidence in achieving a revenue target of ₹500 crore over the next five years, supported by a pipeline of orders exceeding ₹100 crore and a conversion rate of around 30%. Unit 3 is also planned for future expansion to add value through mechanical assemblies and new product lines.