Q4 Results: Apollo Micro Systems Surges 4%; Greenfield Expansion Drive Rerating

Mumbai, May 20: Apollo Micro Systems continued to attract strong buying interest on Wednesday, with the stock posting sharp gains through the session as investors reacted positively to robust quarterly and full-year financial results announced earlier.

The stock, which had closed Tuesday at ₹340.70, opened flat at ₹340.75 before buyers stepped in decisively from 9:15 AM, driving the counter sharply higher within the first 30 minutes of trade. The LTP stood at ₹355.75, up ₹15.05 or 4.42% from the previous close, with the intraday high of ₹369.40 touched around 10:30 am reflecting the peak of buying enthusiasm before the stock settled into a sideways consolidation band between ₹355 and ₹360 through the late morning.

The VWAP for the day stood at ₹359.91, indicating that a meaningful portion of the day’s volume was transacted at levels above the current LTP, with sellers gradually asserting themselves through the afternoon. The order book at the time of writing showed 25.48% on the buy side against 74.52% on the sell side — a configuration suggesting that while the initial surge drew significant participation, sellers are now active at higher levels and the stock may face resistance before extending its gains further.

Weekly Trend

The weekly chart tells an even more compelling story. Apollo Micro Systems opened the week of May 13 around ₹305, held relatively steady through May 14 before dipping to a weekly low near ₹294 on May 15 — a level that proved to be the inflection point. The stock then recovered methodically through May 16 and 17, accelerating through May 18 to close around ₹320, before the results-driven surge on Tuesday and Wednesday pushed it to current levels near ₹356. From its May 13 opening to Wednesday’s LTP, the stock has gained approximately ₹50 or over 16% in a week — a powerful re-rating driven almost entirely by the earnings announcement and the expansion news that accompanied it.

Strong Financial Results: Q4 Net Profit Zooms 163%

Apollo Micro Systems’ Q4 FY26 consolidated results, announced on May 18, delivered broad-based growth across all key metrics. Revenue from operations rose sharply to ₹293.26 crore in Q4 FY26 from ₹161.77 crore in Q4 FY25 — a year-on-year jump of over 81% — underscoring a significant ramp-up in execution against a swelling defence order book. Profit before tax for the quarter came in at ₹54.79 crore against ₹21.99 crore in the year-ago period, while net profit after tax surged to ₹36.79 crore from ₹13.96 crore in Q4 FY25, a 163% year-on-year increase that more than doubled quarterly earnings on a comparable basis.

For the full year FY26, consolidated revenue from operations grew 60.9% to ₹904.32 crore from ₹562.07 crore in FY25 — the company crossing the ₹900 crore revenue mark for the first time. Profit before tax for the year rose to ₹154.80 crore from ₹82.55 crore, while consolidated net profit after tax grew 90.5% to ₹107.38 crore from ₹56.36 crore in FY25 — the company also crossing the ₹100 crore net profit threshold for the first time in its history. Total consolidated assets stood at ₹2,368.51 crore as at March 31, 2026, up sharply from ₹1,299.49 crore a year earlier, reflecting the significant capital deployed in scaling operations. Basic EPS for FY26 stood at ₹3.18 against ₹1.86 in FY25, while diluted EPS came in at ₹3.15.

The board meeting of May 18, 2026 resolved several significant corporate matters alongside the results. The board recommended a final dividend of ₹0.25 per equity share of face value ₹1 each for FY2025-26, subject to shareholder approval at the AGM. Additionally, the company announced an upcoming Greenfield manufacturing facility in Hyderabad, adding geographic specificity to an expansion plan that had previously been disclosed only in broad terms. Management indicated on the concall that profits are expected to increase further as production orders continue to rise — a forward guidance that has clearly resonated with investors and is helping sustain the stock’s elevated levels through Wednesday’s session.

Source:

• https://www.nseindia.com/get-quote/equity/APOLLO/Apollo-Micro-Systems-Limited