Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Apollo Micro Systems Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 107 | 58 | 87 | 91 | 135 | 91 | 161 | 148 | 162 | 134 | 225 | 252 | 293 |
| Expenses + | 84 | 45 | 69 | 67 | 107 | 69 | 128 | 110 | 126 | 93 | 166 | 202 | 226 |
| Operating Profit | 23 | 13 | 18 | 24 | 29 | 22 | 33 | 38 | 36 | 41 | 59 | 50 | 68 |
| OPM % | 21% | 22% | 21% | 26% | 21% | 25% | 20% | 26% | 22% | 31% | 26% | 20% | 23% |
| Other Income + | -1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| Interest | 8 | 8 | 7 | 7 | 8 | 8 | 7 | 9 | 11 | 12 | 13 | 14 | 9 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 5 | 6 | 7 |
| Profit before tax | 11 | 3 | 9 | 14 | 18 | 12 | 22 | 26 | 22 | 25 | 43 | 32 | 55 |
| Tax % | 36% | 42% | 25% | 31% | 29% | 29% | 30% | 30% | 36% | 30% | 30% | 28% | 33% |
| Net Profit + | 7 | 2 | 7 | 10 | 13 | 8 | 16 | 18 | 14 | 18 | 30 | 23 | 37 |
| EPS in Rs | 0.35 | 0.08 | 0.28 | 0.35 | 0.46 | 0.28 | 0.51 | 0.60 | 0.46 | 0.55 | 0.93 | 0.72 | 1.05 |
Financials of Apollo Micro Systems Ltd
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 246 | 203 | 243 | 298 | 372 | 562 | 904 |
| Expenses + | 197 | 165 | 198 | 233 | 288 | 433 | 686 |
| Operating Profit | 49 | 39 | 46 | 64 | 84 | 129 | 218 |
| OPM % | 20% | 19% | 19% | 22% | 23% | 23% | 24% |
| Other Income + | 2 | 1 | 1 | -2 | 2 | 3 | 6 |
| Interest | 15 | 16 | 17 | 22 | 30 | 34 | 47 |
| Depreciation | 10 | 9 | 9 | 10 | 11 | 15 | 22 |
| Profit before tax | 25 | 14 | 20 | 29 | 44 | 83 | 155 |
| Tax % | 45% | 29% | 28% | 35% | 29% | 32% | 31% |
| Net Profit + | 14 | 10 | 15 | 19 | 31 | 56 | 107 |
| EPS in Rs | 0.67 | 0.49 | 0.70 | 0.90 | 1.10 | 1.84 | 3.16 |
| Dividend Payout % | 7% | 5% | 4% | 3% | 5% | 14% | 0% |
Financials of Apollo Micro Systems Ltd
Capital structure and asset base
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 21 | 21 | 21 | 21 | 28 | 31 | 36 |
| Reserves | 275 | 284 | 299 | 363 | 490 | 576 | 1,277 |
| Borrowings + | 83 | 117 | 116 | 144 | 208 | 335 | 543 |
| Other Liabilities + | 86 | 110 | 164 | 165 | 230 | 357 | 512 |
| Total Liabilities | 465 | 532 | 599 | 693 | 956 | 1,299 | 2,369 |
| Fixed Assets + | 50 | 49 | 86 | 106 | 144 | 182 | 477 |
| CWIP | 37 | 52 | 30 | 32 | 35 | 72 | 196 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 378 | 430 | 484 | 555 | 777 | 1,045 | 1,695 |
| Total Assets | 465 | 532 | 599 | 693 | 956 | 1,299 | 2,369 |
Financials of Apollo Micro Systems Ltd
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 47 | 6 | 43 | -16 | -76 | 10 | -130 |
| Cash from Investing Activity + | -19 | -23 | -24 | -35 | -60 | -91 | -357 |
| Cash from Financing Activity + | -36 | 17 | -19 | 51 | 136 | 121 | 536 |
| Net Cash Flow | -8 | 0 | 0 | -0 | -0 | 40 | 49 |
| Free Cash Flow | 20 | -16 | 21 | -50 | -131 | -82 | -357 |
| CFO/OP | 108% | 24% | 98% | -21% | -87% | 13% | -50% |
Financials of Apollo Micro Systems Ltd
Working capital efficiency and return ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 201 | 305 | 205 | 180 | 231 | 155 | 194 |
| Inventory Days | 421 | 546 | 597 | 594 | 612 | 553 | 478 |
| Days Payable | 115 | 189 | 258 | 195 | 239 | 258 | 230 |
| Cash Conversion Cycle | 507 | 661 | 544 | 579 | 605 | 450 | 443 |
| Working Capital Days | 312 | 372 | 314 | 319 | 348 | 253 | 256 |
| ROCE % | 8% | 9% | 11% | 12% | 14% | 14% |