Apollo Micro Systems is the top gainer on the BSE, up over 10% to Rs. 343.50, extending recent momentum as the stock hit a fresh 52-week high of Rs. 357.55 versus a previous close of Rs. 311.10. The counter opened at Rs. 327.95 and traded in a Rs. 317.70–357.55 band, with VWAP around Rs. 339.70. Trading activity was heavy, with 59.8 lakh shares changing hands and turnover of Rs. 203 crore.

Our Editor, Mr.SP Tulsian said that the rise was on account of the fantastic earnings for Q4FY26, posting highest-ever revenue of Rs. 293 cr, up 81% YoY partly thanks to consolidation of IDL Explosives wef 15.11.25, Q4FY26 PAT was up 164% YoY to Rs. 37 cr, leading to a net margin of 12.6% and an EPS of Rs. 1.08 for Q4FY26.

FY26 performance was also commendable, with revenue up 61% YoY to Rs. 904 cr and PAT up 91% YoY to Rs. 107 cr, with a 11.9% net margin, against 10.0% in FY25, with the company having delivered on both growth and margin expansion, with EBITDA margin seen very healthy at 24.7%. Company's consolidated order book as at 31-3-26, is at an all time high of Rs.1,432 cr..

Company’s M.D. BK Reddy, said that “FY 2025-26 has been a breakthrough year for Apollo Micro Systems , “our highest-ever annual revenue and profitability,the successful conclusion of the IDL Explosives acquisition through ADIPL, the award of the DPIIT license for UAV manufacture, and the receipt of our first export order. An additional acquisition by ADIPL is expected to be completed before the end of the next financial year,making it 100% subsidiary, which will significantly complementing our organic growth and overall strength of the business.”

Apollo has an Industrial License to manufacture 50 MTPA cyclotetra methylenate tranitramine (HMX) and 500 MTPA trinitrotoluene (TNT) for 15 years at Rourkela, Odisha, to be used for industrial and high-energy defence explosives, in India and overseas, being a Solar Industries-in the making. Apollo Micro has received 2 Transfers of Technology (ToT) from DRDO for Laser Based Directed Energy Weapon (DEW) systems and EO Tracking System for DEW, besides signing an MOU for a Rs. 1,500 cr greenfield manufacturing project for explosive filling capabilities. It has received orders of Rs. 51 cr, from MoD Rs. 17.5 cr, PSUs Rs. 9.5 cr and from Private companies of Rs. 24 cr. Apollo Micro continues to guide high growth on transition of several high-value systems into full-scale production in FY27E. It maintains at least 45% to 50% revenue CAGR over the next 3 years, driven solely by core business, excluding inorganic growth.