Apollo Micro Systems Delivers Record Q3FY26 Revenue of ₹252 Crores, Up 70% YoY
Apollo Micro Systems delivered exceptional Q3FY26 results with highest ever quarterly revenue of ₹252 crores, marking 70% year-over-year growth. The company demonstrated strong operational performance across all metrics with consolidated nine-month revenue reaching ₹611 crores, up 53% YoY, and PAT growing 67% to ₹70.59 crores. Key developments included the acquisition of IDL Explosives Limited for ₹107 crores and conversion of share warrants, with management projecting 45-50% CAGR growth over the next three years.

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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.
| Metric: | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Consolidated Revenue: | ₹252.22 crores | ₹148.39 crores | +70% |
| EBITDA (Ex Other Income): | ₹50.39 crores | ₹37.96 crores | +33% |
| Profit After Tax: | ₹22.88 crores | ₹18.24 crores | +25% |
| Diluted EPS: | ₹0.70 | ₹0.60 | +17% |
Nine-Month Performance Excellence
The nine-month performance for FY26 showcased consistent growth momentum with substantial improvements across all operational parameters.
| Parameter: | 9MFY26 | 9MFY25 | Growth (%) |
|---|---|---|---|
| Consolidated Revenue: | ₹611.07 crores | ₹400.30 crores | +53% |
| EBITDA (Ex Other Income): | ₹150.52 crores | ₹93.22 crores | +61% |
| Profit After Tax: | ₹70.59 crores | ₹42.40 crores | +67% |
| EBITDA Margin: | 24.60% | 23.30% | +134 bps |
Standalone Financial Highlights
The standalone operations demonstrated robust performance with significant year-over-year improvements in profitability metrics.
| Metric: | 9MFY26 | 9MFY25 | Growth Factor |
|---|---|---|---|
| Revenue from Operations: | ₹559.63 crores | ₹400.30 crores | 1.4x |
| EBITDA (Ex Other Income): | ₹153.49 crores | ₹93.18 crores | 1.6x |
| Profit After Tax: | ₹83.13 crores | ₹42.92 crores | 1.9x |
| PAT Margin: | 14.90% | 11.00% | +390 bps |
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.
Historical Stock Returns for Apollo Micro Systems
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.21% | +2.77% | +6.92% | -2.26% | +106.30% | +2,105.94% |


































