Apollo Micro Systems reports record revenue and profit growth for Q2 FY26

Apollo Micro Systems Limited announced a significant surge in its financial performance for Q2 FY26, with revenue from operations reaching ₹2252.6 Mn, a 40% year-on-year increase from ₹1607.1 Mn in Q2 FY25. The company's profit after tax (PAT) also saw a remarkable 91% year-on-year growth, rising to ₹300.3 Mn from ₹157.3 Mn in Q2 FY25. This robust growth is attributed to the execution of its order book and the successful transition of high-value systems into production.

The company's EBITDA (excluding other income) increased by 80% to ₹591.9 Mn in Q2 FY26, up from ₹328.9 Mn in Q2 FY25. The EBITDA margin expanded by 600 basis points to 26% in Q2 FY26, indicating strong operating leverage and improved efficiency. PAT margin also improved by 350 basis points year-on-year, reaching 13.3% in Q2 FY26.

Apollo Micro Systems also highlighted the acquisition of IDL Explosives Ltd., marking a strategic milestone towards becoming a fully integrated Tier-1 defense OEM. The company anticipates revenue to grow at a CAGR of 45% to 50% over the next two years, driven by its core business and a healthy order book.