Summary:
Apollo Micro Systems remained in focus after reporting record FY26 earnings with strong growth in revenue, profit, and margins.The defence stock rallied sharply on improving order execution and a strong order book pipeline. Apollo Micro Systems share price has surged nearly 3000% in the last five years, making it a key multibagger defence stock in India.
Shares of Apollo Micro Systems surged to a record high on Wednesday, May 20, extending gains for the third straight trading session after the company reported robust Q4FY26 earnings and record annual financial performance.
Apollo Micro Systems share price rallied as much as 9.45% to ₹340.50 on the BSE during the session and touched a fresh all-time high of ₹365. The defence stock has gained nearly 24% in the last three trading sessions following the announcement of its March quarter results.
The stock has delivered strong returns across timeframes. Apollo Micro Systems shares have risen 23% in one month and climbed 53% over the last three months. On a yearly basis, the stock has surged 164%, while over the past five years it has skyrocketed nearly 3000%, making it one of the standout multibagger defence stocks. The stock is currently trading 173% above its 52-week low of ₹133.65 touched in May 2025.
Apollo Micro Systems reported sharp growth in revenue, profitability and margins for the quarter ended March 31, 2026, driven by strong order execution, operational momentum and contributions from acquisitions.
The company posted a consolidated net profit of ₹37.61 crore in Q4FY26, registering a sharp growth of 168.64% compared to ₹14 crore reported in the corresponding quarter of the previous financial year.
Revenue from operations during the March quarter rose 81.28% year-on-year to ₹293.25 crore from ₹161.76 crore in Q4FY25.
On a sequential basis, revenue increased 16.3% from ₹252.22 crore reported in Q3FY26.
Total revenue for Q4FY26, including other income of ₹3.19 crore, stood at ₹296.45 crore, compared to ₹162.50 crore in the year-ago quarter, reflecting growth of 82.4% year-on-year. Sequentially, total revenue increased 17.1% from ₹253.13 crore in Q3FY26.
EBITDA for the quarter surged 88% to ₹67.64 crore from ₹35.99 crore in Q4FY25. EBITDA margin improved to 23.1% compared to 22.2% in the corresponding quarter last year and 20% in Q3FY26, reflecting margin expansion of nearly 90 basis points year-on-year and 310 basis points quarter-on-quarter.
Profit before tax for Q4FY26 stood at ₹54.79 crore, up 149.1% from ₹22 crore reported in Q4FY25. On a sequential basis, PBT jumped 73.6% from ₹31.57 crore in Q3FY26.
Profit after tax for the quarter came in at ₹36.79 crore, rising 163.5% from ₹13.96 crore in Q4FY25 and 60.8% from ₹22.88 crore in the previous quarter. PAT margin improved to 12.5% from 8.6% in the year-ago period and 9.1% in Q3FY26.
Apollo Micro Systems reported its highest-ever annual revenue and profitability during FY26.
For the full financial year FY26, consolidated revenue from operations stood at ₹904.32 crore, registering growth of 60.9% from ₹562.07 crore in FY25.
Total revenue for FY26, including other income of ₹6.27 crore, came in at ₹910.60 crore compared to ₹564.95 crore in FY25, reflecting annual growth of 61.2%.
The company’s EBITDA for FY26 rose 68.8% to ₹218.16 crore from ₹129.21 crore in FY25. EBITDA margin improved to 24.1% from 23% in the previous financial year.
Profit before tax during FY26 stood at ₹154.80 crore, rising 87.5% from ₹82.55 crore reported in FY25.
Net profit for FY26 jumped 90.5% to ₹107.38 crore from ₹56.36 crore in FY25. According to the company’s regulatory filing, consolidated net profit stood at ₹112.92 crore compared to ₹56.39 crore in FY25. PAT margin expanded to 11.9% from 10% in the previous year.
Apollo Micro Systems said its consolidated order book stood at ₹1,432 crore as of March 31, 2026. The order pipeline was further strengthened by a recent order win worth nearly ₹421 crore from Coal India.
The board of directors recommended a final dividend of ₹0.25 per equity share with a face value of ₹1 each for FY26. The dividend remains subject to shareholder approval at the upcoming Annual General Meeting.

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