Apollo Micro Systems Secures Defense Orders and Expands Portfolio

Apollo Micro Systems Ltd. secured new defense orders worth approximately ₹213.39 crore from clients including the Defence Research and Development Organisation and private companies. These fresh contract wins elevate the company's consolidated order book to approximately ₹1,704 crore. The firm reported strong financial results for Q1 FY27, with consolidated revenue rising approximately 88 percent year-on-year to ₹251.3 crore and consolidated net profit increasing by 42.6 percent to ₹25.2 crore.

The robust financial performance builds on a breakthrough fiscal year FY26, during which the company recorded a 90 percent rise in profit and a 61 percent revenue growth. A major catalyst for this expansion was the acquisition of a 41.33 percent stake in Premier Explosives Limited for ₹1,550 crore. This strategic transaction aims to establish a vertically integrated indigenous defense powerhouse by combining electronic systems expertise with solid propellant specialization.

Leadership expects the integration with Premier Explosives to expand EBITDA margins by 200 to 300 basis points over the next 24 months by eliminating external sourcing costs for missile systems. The company also approved a ₹3,322 crore fundraise via preferential issue and warrants to support its ongoing capital expenditure and growth initiatives. Market analysts anticipate continued earnings momentum as the consolidated entity executes its expanding defense order book.