Apollo Micro Systems shares surged nearly 6% to reach a new 52-week high of Rs 377.7 on the NSE during Thursday's morning trading session. The stock has shown impressive growth, rallying 28% over the past month and 153% over the last year, with long-term returns of 1,022% over three years and 3,026% over five years.
The defense company recently reported a significant 163% year-on-year increase in its consolidated net profit, reaching Rs 36.8 crore for Q4 FY26, compared to Rs 14 crore in the same quarter of the previous year. Revenue from operations also saw an 81% year-on-year rise, amounting to Rs 293.3 crore during the reviewed quarter, up from Rs 161.8 crore in the prior period.
For the full financial year ending March 31, 2026, Apollo Micro Systems reported a 90% year-on-year increase in net profit to Rs 107.4 crore, while revenue from operations increased by 61% to Rs 940.3 crore. Managing Director Baddam Karunakar Reddy described FY26 as a 'breakthrough year' for the company, highlighting record revenue and profitability, the acquisition of IDL Explosives, and securing a DPIIT license for UAV manufacturing.
“FY26 was a breakthrough year for the company, driven by record revenue and profitability.”
Baddam Karunakar Reddy, Managing Director, Apollo Micro Systems
The company also achieved its highest-ever quarterly and annual EBITDA, along with record profit after tax on both a quarterly and yearly basis, surpassing its annual PAT margin guidance. The firm anticipates completing another acquisition through ADIPL by the end of the next financial year, which could further enhance growth prospects.
According to Virat Jagad, Senior Technical Research Analyst at Bonanza Portfolio, Apollo Micro Systems has experienced a strong breakout above the crucial Rs 355 resistance zone, supported by increased trading volumes. He suggests that investors consider fresh buying opportunities with a stop loss of Rs 340 and upside targets of Rs 385 and Rs 400.
“The stock is trading above all major EMAs, reflecting strong bullish structure across short- and long-term time frames.”
Virat Jagad, Senior Technical Research Analyst, Bonanza Portfolio
Background
Apollo Micro Systems has been strategically expanding its operations through acquisitions and securing new licenses, positioning itself as a key player in the defense sector. The company's robust financial performance and strategic initiatives have contributed to its strong market presence and stock performance.
Apollo Micro Systems' recent performance underscores its strategic growth initiatives and strong market positioning. The company's ongoing expansion efforts, including potential acquisitions and new export orders, are expected to drive further growth in the coming years.
