Apollo Micro Systems Ltd
Apollo Micro Systems Ltd Q3 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Apollo Micro Systems aims for a 35% to 40% CAGR growth in sales/revenue over the coming years, building on a 30%-35% CAGR in the last 2-3 years. Apollo Micro Systems is targeting a 45%-50% CAGR revenue growth over the next three years, continuing its strong growth trajectory.
From Apollo Micro Systems Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Apollo Micro Systems aims for a 35% to 40% CAGR growth in sales/revenue over the coming years, building on a 30%-35% CAGR in the last 2-3 years.
- The company targets 45%-50% organic growth on a standalone basis.
- With the consolidation of IDL Explosives and other planned acquisitions, further growth acceleration is expected from FY 2027 onwards.
- The outstanding order book of INR1,300 crores is actively being executed, with fresh orders in the pipeline.
- Large-scale production orders, such as for underwater mines (INR2,500 crores expected), are anticipated and will further boost revenue.
- Expansion into full-fledged weapons manufacturing and new facilities (up to 12x capacity increase) will support volume growth.
- The company plans to provide consolidated growth guidance starting Q1 FY 2027.
Profitability & Margins
See what Apollo Micro Systems Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Significant capex planned for IDL Explosives to produce defense-grade explosives, propellants, and warhead explosives for backward, forward, and vertical integration.
- Expansion of manufacturing facilities: Phase 3 at Hardware Park partly commissioned with INR150 crore outlay; civil works started on additional 2.5 acres; recently allotted another 5 acres by Telangana government with planned INR100-150 crore investment.
- Implementation of automation and Industry 4.0 standards across factories to enhance machinery utilization and manpower monitoring.
- Approximately INR100 crore already allocated for R&D with plans to increase R&D spend to 9%-10% of revenues in coming years.
- Strategic acquisitions underway—due diligence ongoing for three companies, with expectation to close at least one before financial year-end, focusing on areas with no or limited existing presence.
- Order for large-scale weapon systems and defense explosives expected next financial year, requiring further capacity buildup.
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Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Apollo Micro Systems Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- As of December 31, 2025, the consolidated order book stands at approximately INR 1,305 crores.
- Of this, IDL Explosives contributes about INR 500 crores, with the remaining INR 800 crores from standalone operations.
- Major portions of the current order book are planned to be executed within the current financial year, with fresh short-term orders continuing to come in.
- Execution for the remaining orders is expected mainly in the next financial year, supported by a healthy incoming order funnel.
- Specific large orders discussed:
- - A DAC-approved underwater mines order valued around INR 2,500 crores.
- - QRSAM subsystem-level orders expected to be finalized before March 2026.
- IDL Explosives is gearing up for commercial production and large-cap weapon system orders anticipated from the next financial year.
Apollo Micro Systems Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹293 Cr, net profit ₹37 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Apollo Micro Systems Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Apollo Micro Systems Ltd Q3 FY26 results?
Apollo Micro Systems aims for a 35% to 40% CAGR growth in sales/revenue over the coming years, building on a 30%-35% CAGR in the last 2-3 years. Apollo Micro Systems is targeting a 45%-50% CAGR revenue growth over the next three years, continuing its strong growth trajectory.
What is Apollo Micro Systems Ltd share price analysis?
Apollo Micro Systems Ltd currently shows a neutral. The stock trades at a P/E of 131.3 with a market cap of ₹14,829 Cr. Investors should review the full earnings analysis for detailed insights.
Is Apollo Micro Systems Ltd planning capital expenditure?
Significant capex planned for IDL Explosives to produce defense-grade explosives, propellants, and warhead explosives for backward, forward, and vertical integration.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.