Apollo Micro Systems Shares Jump 8.5% To ₹447 After Strong Q2 Results As Management Reaffirms Growth Outlook And Sees Export Opportunities

Apollo Micro Systems shares rose 8.5% to an intraday high of ₹447 on Tuesday, extending the rally that began after the defence electronics company reported its September-quarter results. Investors reacted to strong year-on-year growth in revenue and profit, along with the company's record order book and reaffirmed growth outlook.

The stock opened at ₹415.10 on the Bombay Stock Exchange (BSE) and touched a low of ₹414 during the session. Apollo Micro Systems shares have gained around 45% over the past six months and nearly 60% so far in 2026. The stock had already climbed nearly 9% on Monday following the earnings announcement.

At 12:02 PM on Tuesday, Apollo Micro Systems’ share price on the BSE stood at ₹433.35, up 5.37%.

Apollo Micro Systems Q2 Results: Revenue Rises 72%

Apollo Micro Systems reported a 55.6% year-on-year increase in net profit to ₹48.4 crore for the September quarter, compared with ₹31 crore in the same period last year.

Revenue from operations jumped 72.2% to ₹388 crore from ₹225.3 crore a year earlier. The company said this was its highest-ever revenue for a September quarter.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 87.6% to ₹111 crore from ₹59.2 crore. The EBITDA margin also improved to 28.6%, against 26.3% in the year-ago quarter.

The company recorded its highest-ever September-quarter profit after tax, while its order book reached a record ₹1,765 crore. Other income stood at ₹3.5 crore during the quarter.

Managing Director Baddam Karunakar Reddy said the results reflected strong execution and the company's focus on its business priorities. He added that Apollo Micro Systems would concentrate on faster execution and strengthening its capabilities to meet the changing requirements of the defence sector.

Vision 2036 Targets Global OEM Position

Apollo Micro Systems has also outlined its Vision 2036, setting out plans to develop into a global original equipment manufacturer (OEM) over the next decade.

The company intends to build established revenue streams across land, air and naval defence segments. Expanding in domestic and overseas markets is another part of the plan, with a focus on developing products that address customer requirements. The company also intends to invest more in R&D and bring newer technologies into its product range.

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