Apollo Micro Systems Limited has filed its quarterly statement confirming no deviation in the utilization of proceeds from its preferential issue for the quarter ended December 31, 2025. The company submitted this compliance report to both BSE and NSE as required under SEBI regulations.

Fund Raising and Allotment Details

The Securities Allotment Committee of the Board of Directors completed a significant preferential allotment on June 2, 2025. The committee allotted a total of 6.51 crore securities on preferential basis to investors.

Quarter-wise Fund Utilization

The company received warrant application monies in two phases during recent quarters. For the quarter ended September 30, 2025, Apollo Micro Systems received Rs. 18,01,65,087 as 75% warrant application money for 21,07,194 share warrants. This amount was fully utilized during the quarter ended December 31, 2025, in accordance with the stated objects.

During the quarter ended December 31, 2025, the company received a substantially larger amount of Rs. 185,13,13,716 as 75% warrant application money for 2,16,52,792 share warrants across multiple dates in November and December 2025.

Fund Allocation and Current Status

The original fund allocation plan underwent revision due to a shortfall in total proceeds. The company had initially planned to raise Rs. 81,608.00 lakhs but revised the target to Rs. 74,225.00 lakhs, leading to proportional adjustments in object-wise allocations.

Regulatory Compliance and Monitoring

The company operates under the monitoring of Acuite Ratings and Research Limited as the designated monitoring agency. The Audit Committee has reviewed and approved the statement confirming no deviation in fund utilization. The company's compliance filing covers the period ending December 31, 2025, with fund raising activities occurring on multiple dates including November 12, 19, 26, December 2, and December 22, 2025.

The current quarter's proceeds of Rs. 185,13,13,716 remain unutilized as of December 31, 2025, specifically due to pending listing approval from the stock exchanges. This represents a temporary delay rather than any deviation from the intended use of funds, with the company maintaining its commitment to utilize proceeds according to the approved objects once regulatory approvals are obtained.

Apollo Micro Systems Limited announced its highest ever quarterly revenue performance for Q3FY26, delivering ₹252 crores in consolidated revenue, representing a remarkable 70% year-over-year growth. The company held its board meeting on February 9, 2026, approving unaudited standalone and consolidated financial results for the quarter ended December 31, 2025.

Record-Breaking Quarterly Performance

The company achieved significant milestones across all key financial metrics during Q3FY26, demonstrating strong operational execution and market positioning.

Nine-Month Performance Excellence

The nine-month performance for FY26 showcased consistent growth momentum with substantial improvements across all operational parameters.

Standalone Financial Highlights

The standalone operations demonstrated robust performance with significant year-over-year improvements in profitability metrics.

Strategic Acquisitions and Corporate Actions

During the quarter, Apollo Micro Systems completed the acquisition of IDL Explosives Limited through its subsidiary Apollo Defence Industries Private Limited for ₹107 crores on November 15, 2025. The company also converted 2,16,52,792 share warrants into equity shares at a premium of ₹113 per share, with 1,43,07,072 warrants remaining for conversion.

Management Outlook and Future Growth

Managing Director Baddam Karunakar Reddy highlighted the company's strategic positioning, stating that Apollo Micro Systems expects revenue to grow at a CAGR of 45-50% over the next three years, driven by core business operations. The company announced plans for an additional acquisition by ADIPL, expected to be completed before the end of the current financial year, which will significantly enhance organic growth capabilities.

The 41-year-old defense technology pioneer specializes in advanced electronic, electro-mechanical, and engineering systems, positioning itself as a Tier-1 Original Equipment Design and manufacturer with explosive capabilities through its subsidiary operations.