Apollo Micro Systems Reports Q1FY27 Results; Announces Share Acquisition and Major Defence Advancements

Apollo Micro Systems Reports Q1FY27 Results; Announces Share Acquisition and Major Defence Advancements​

Apollo Micro Systems Limited, a Hyderabad-based, publicly listed multi-disciplinary Defence technology company and Tier-I Original Equipment Manufacturer (OEM), has provided an update on its business activities and financial performance. The company's core competencies cover the design, development, manufacture, integration, and life-cycle support of advanced weapon systems and defence platforms.

Apollo Micro Systems Limited is a critical supplier within the defence ecosystem, serving DRDO, HAL, BEL, and the Ministry of Defence. Furthermore, the Company holds authorization under the Arms Act, 1959 to manufacture missile-class weapon systems, torpedoes, aerial bombs, and loitering munitions, cementing its role as a sovereign-capable defence manufacturer aligned with the Atmanirbhar Bharat mission.

Q1FY27 Financial Snapshot​

The company reported significant growth during the first quarter of FY27 (Q1FY27). The results demonstrate strong operational performance against order backlogs and expanding capabilities across the land, air, and sea domains.

Key financial metrics for Q1FY27 are summarized below:


The company reported robust growth metrics, including an 88% Year-on-Year (YOY) increase in revenue, a 17% YOY increase in EBITDA (Ex Other Income), and a 25% YOY increase in PAT.

Regarding profitability indicators, the report noted that Earnings Per Share (EPS) comparison on a quarter-on-quarter or year-on-year basis is complex due to a weighted average number of equity shares outstanding increasing following a preferential share allotment. The share base grew from 33,35,32,454 shares as on June 30, 2025, to 37,15,99,512 shares as on June 30, 2026. Despite this increase in the equity base, profitability showed improvement over comparable periods.

Strategic Advancements and Expansion​

In addition to its operational performance, Apollo Micro Systems Limited announced several strategic milestones that reinforce its growing stature within both domestic defense procurement and market expansion.

Key quarterly advancements include:

• Indian Air Force (IAF) Partnership: The company has been empanelled by the IAF as a Prime Development Agency (DA) for the Indigenous Precision Range Extension Kit (IPREK) programme, which falls under the Make-II (Industry Funded) category of India's Defence Acquisition Procedure 2020 (DAP-2020).
• Indian Navy Order: The company was awarded a Make-II Prototype Sanction Order (PSO) by the Indian Navy for developing SAVIOR-ASW, a Semi-Submersible Autonomous Vessel intended for Intelligence, Operations and Reconnaissance.
• Indigenous Technology Transfer: The Safety & Detonation Device (SDD), designed and developed in India, has been formally handed over to the Indian Navy, featuring 100% Indigenous Content.
• Acquisition: Apollo Micro Systems entered a definitive share purchase agreement with Premier Explosives Ltd to acquire Promoter shares, comprising 41.33%, for approximately INR 1550 Crores in an all cash deal.

Vision and Global Ambitions​

Apollo Micro Systems Limited aims to transcend its status as a Tier-1 supplier and transition into a globally recognized Original Equipment Manufacturer (OEM). The company’s long-term vision involves diversifying revenue streams across land, air, and sea domains.

The strategic focus includes deepening presence in Indian defence procurement while achieving meaningful growth in international markets. The company is committed to building valued products backed by conviction, strengthening its research through technologies such as RF, AI, Autonomy, and Inertial Navigation.

APOLLO Stock Price Movement​

Shares of Apollo Micro Systems Limited on Friday slipped by 0.24% to settle at ₹403.85, shedding ₹0.95 from previous close. The stock recorded a trading volume of 3.21 million shares during the session.