Apsis Aerocom Ltd

Q4 FY26Aerospace & Defense

Apsis Aerocom Ltd Q4 FY26 Results & Concall Highlights: Order Book ₹40 Cr

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹612

Market cap₹737 Cr

P/E98.1

Published14 Sept 2026

What the Q4 FY26 call signalled

4 of 5 strong

RevenueRank 2

MarginRank 3

CapexYes

FundraiseYes

Order bookYes

The short version

Target revenue of ₹500 crore annually within the next 5 years (by 2031). The company is confident of achieving a revenue turnover of 500 crore per year within the next 5 years (by 2031).

From Apsis Aerocom Ltd's Q4 FY26 earnings-call transcript · updated 14 Sept 2026.

Revenue & Sales Performance

Rank 2

Target revenue of ₹500 crore annually within the next 5 years (by 2031).
FY27 revenue guidance is approximately ₹48 crore, with Unit 2 partially operational.
Unit 2 (twice the size of Unit 1) expected to contribute around ₹60 crore additional revenue in FY28 with full operation by end of FY28.
Capacity expansion includes a potential Unit 3 to add over ₹70 crore in business beyond FY28.
Strong order book of over ₹40 crore with a healthy pipeline exceeding ₹100 crore; conservative conversion rate of around 30%.
Focus on scaling advanced precision machining for aerospace and defence, and adding value-added services like mechanical assemblies.
Growing customer base and diversification to reduce customer concentration risk, with more than four new customers onboarded recently.
Confident in maintaining EBITDA margins of 37% to 40% over the next 2-3 years.

Profitability & Margins

The company is confident of achieving a revenue turnover of 500 crore per year within the next 5 years (by 2031).
EBITDA margin is expected to be maintained robustly at around 37% to 40% for the next 2-3 years.
Profit after tax (PAT) grew by approximately 13.8% year-on-year in FY26, with EPS increasing from ₹7.5 to ₹8.4, showing continued value creation.
Although short-term margin pressure exists due to strategic investments and increased costs, margins are expected to stabilize as Unit 2 becomes fully operational.
The company anticipates scaling advanced precision machining and investing in automation and digital tools to improve efficiency and reduce costs, supporting sustainable profit growth.
Cash flows from operations have significantly increased, showing strong earnings conversion and working capital management.
Long-term growth is underpinned by strong order books, expanding customer base, and capacity expansion through Units 2 and 3.

See what Apsis Aerocom Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Yes

The company is investing in manufacturing infrastructure and production capabilities, with net PPE increasing from ~7 crore to ~12 crore during the year.
Unit 2 facility is under development with machine procurement ongoing; full operation expected by end of December FY27/FY28.
Investment for Unit 2 is about 60 crore for machines and setup; partial operations started by August, full capacity later.
Land is allocated for Unit 3, but investment figures are not finalized; expected to generate over 70 crore revenue when operational.
Strategic investments aim to expand capacity, accept more orders, add new customers, and introduce value-added services such as mechanical assemblies.
R&D spends about 7-10% of business, supporting product development in defence, aerospace, and healthcare sectors.
SME IPO proceeds are primarily used for capacity expansion rather than debt financing due to high bank interest rates.

Fundraising & Capital Structure

The company opted for an SME IPO primarily to raise investment capital needed for growth and capacity expansion, as internal accruals and existing facilities were insufficient.
Management expressed reluctance to take on bank loans due to high interest rates (9-10%, effectively 11-12%), which would substantially reduce profits.
No indication of immediate plans to raise additional debt; preference is towards equity funding for expansion.
Future investments for Unit 3 are expected but specific fundraising plans (debt or equity) are yet to be disclosed; the company may discuss details in upcoming earnings calls.
Overall, current preference is for equity to support scaling rather than increasing debt burden.

See what Apsis Aerocom Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Yes

Current order book is more than ₹40 crore as of June 2026.
This order book includes approximately ₹25 crore from the defence sector and ₹12.9 crore from aerospace.
The order book represents about 1.32 times the revenue achieved in FY25-26.
The company expects to complete this order book within the next one year, with a small portion possibly extending into FY28.
Beyond the current order book, there is a healthy pipeline of more than ₹100 crore in projected orders.
The typical conversion rate of the pipeline for FY27 is around 30%.
The business pipeline for FY28 and FY29 is also substantial, with short lead times generally less than one year for order fulfillment.

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Frequently Asked Questions

What were Apsis Aerocom Ltd Q4 FY26 results?

Target revenue of ₹500 crore annually within the next 5 years (by 2031). The company is confident of achieving a revenue turnover of 500 crore per year within the next 5 years (by 2031).

What is Apsis Aerocom Ltd share price analysis?

Apsis Aerocom Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 98.1 with a market cap of ₹737 Cr. Investors should review the full earnings analysis for detailed insights.

Is Apsis Aerocom Ltd planning capital expenditure?

The company is investing in manufacturing infrastructure and production capabilities, with net PPE increasing from ~7 crore to ~12 crore during the year.

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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.