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Revenue growth above 20%Profit growth above 25%EBITDA margin expansionNegative operating cash flowResults View source PDF Explain this filing

APOLLO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-4.0%Reaction day

₹276.90

prior close

₹289.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.7%-2.3% vs market

Aerospace & Defense peers, median of 20sector-2.7%-1.2% vs sector

On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250 and 1.2 pts less than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.2

10m

-0.6

15m

-1.8

30m

-2.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.0-1.7-2.3-2.7-1.2

Next day

-2.1-1.3-0.8-1.8-0.2

-4.7-1.7-3.1-1.1-3.6

-0.2-1.9+1.8+0.1-0.3

+2.1-1.0+3.1-0.1+2.2

+0.9-1.1+2.0-1.6+2.5

+0.7-0.6+1.3+1.2-0.6

15d

-3.5-3.0-0.5-3.5+0.0

-10.1-8.1-2.0-10.3+0.1

-3.6-4.8+1.3-4.4+0.8

-13.1-9.1-3.9-9.4-3.7

UpDownMarket · Nifty Microcap 250Sector · Aerospace & Defense peers, median of 20Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Apollo Micro Systems posted strong Q2 FY26 results with standalone revenue from operations rising to ₹225.26 crore from ₹160.71 crore in Q2 FY25, a jump of about 40% year-on-year. Half-year revenue grew to ₹358.85 crore vs ₹251.91 crore in H1 FY25. Standalone profit after tax (PAT) for Q2 surged to ₹33.05 crore (vs ₹15.87 crore) while H1 PAT nearly doubled to ₹52.47 crore (vs ₹24.48 crore). Earnings per share for Q2 came in at ₹1.02 (basic) vs ₹0.53 earlier. The Board also noted that 21.07 lakh share warrants were converted into equity shares at a premium of ₹113, and a subsidiary (Apollo Defence Industries) paid ₹107 crore toward acquiring IDL Explosives as a step-down subsidiary.

Likely market impact

The sharp top-line and bottom-line growth is positive for shareholders, signaling strong order execution and improving profitability. However, investors should note that standalone operating cash flow turned sharply negative (around ₹189 crore outflow in H1 FY26 versus inflow last year) due to a big jump in receivables and inventory, and borrowings have risen materially to fund capacity expansion and acquisitions.

By the numbersConsolidated · Q2 FY26 vs Q2 FY25

	Q2 FY26	Q2 FY25	Change
Revenue	₹225.3 Cr	₹160.7 Cr	+40.2%
Operating profit	₹41.85 Cr	₹21.87 Cr	+91.3%
Profit after tax	₹30.03 Cr	₹15.73 Cr	+90.9%
EBITDA margin	26.3%	20.5%	+5.8 pp

From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.