About
Apollo Micro Systems Limited designs, develops, and assembles electronic and electromechanical solutions in India. The company offers DSP, missile hardware simulators, integrated avionics modules, generic PCM encoders and decoders, DSSS de-modulators, seeker electronics, RPF and signal processing systems, turret control and power units, missile interface units, launcher controllers, launcher interface units, tiger sharc DSP-signal processors, quad actuator controllers, fault tolerant and system relay boxes, and DSP controllers; ESM-eagle kit, embedded arss, PSU, and auxiliary controllers; and integrated payload checkout systems, satellite data simulators, high speed frame synchronizers, time code readers/generators, bit synchronizers, monopulse tracking receivers, PCIE-HSDR, PCM-two channel decommutators, PCIe based two channel data acquisition cards, and PCI-X based two channel serial data acquisition cards. It also provides avionics and transportation solutions; public address display systems, warning systems, vehicle tracking solutions and command control solutions, minemaster, weight-in-motion systems, tyre care, passenger information systems, and station announcement systems; ethernet, base band modules, converters, USB/Ethernet protocol converters, dual data bus couplers, data bus solutions, and various formulas; and solar smart street lighting, CCTV surveillance, vehicle tracking, boom barrier, RFID fleet management, UAV detecting and jamming, GSM interception, Wi-Fi and lawful interception, and portable x-ray inspection systems, as well as passenger information displays, wall radar, reactive convoy and stationary jammers, and portable and stationary bomb jammers. In addition, the company offers electronic manufacturing, hardware design, IT and software, and electronic and mechanical CAD services. Apollo Micro Systems Limited was incorporated in 1985 and is based in Hyderabad, India.
Key Metrics
as of Sep 2026Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 156.00 | 205.00 | 201.00 | 225.00 | 134.00 | 162.00 | 148.00 | 161.00 | 91.00 | 135.00 | 91.00 | 87.00 | 58.00 |
| Expenses | 108.00 | 145.00 | 148.00 | 166.00 | 93.00 | 126.00 | 110.00 | 128.00 | 69.00 | 107.00 | 67.00 | 69.00 | 45.00 |
| Operating Profit | 48.00 | 60.00 | 53.00 | 59.00 | 41.00 | 36.00 | 38.00 | 33.00 | 22.00 | 29.00 | 24.00 | 18.00 | 13.00 |
| OPM % | 31.00 | 29.00 | 27.00 | 26.00 | 31.00 | 22.00 | 26.00 | 20.00 | 25.00 | 21.00 | 26.00 | 21.00 | 22.00 |
| Other Income | 7.00 | 8.00 | 4.00 | 3.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 |
| Depreciation | 6.00 | 5.00 | 5.00 | 5.00 | 4.00 | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
| Interest | 9.00 | 8.00 | 9.00 | 10.00 | 10.00 | 11.00 | 9.00 | 7.00 | 8.00 | 8.00 | 7.00 | 7.00 | 8.00 |
| Profit before tax | 41.00 | 55.00 | 44.00 | 48.00 | 28.00 | 23.00 | 26.00 | 23.00 | 12.00 | 18.00 | 15.00 | 9.00 | 3.00 |
| Tax % | 32.00 | 32.00 | 30.00 | 30.00 | 30.00 | 36.00 | 30.00 | 30.00 | 29.00 | 29.00 | 31.00 | 26.00 | 40.00 |
| Net Profit | 28.00 | 37.00 | 31.00 | 33.00 | 19.00 | 14.00 | 18.00 | 16.00 | 9.00 | 13.00 | 10.00 | 7.00 | 2.00 |
| EPS in Rs | 0.75 | 1.05 | 0.86 | 0.98 | 0.58 | 0.47 | 0.60 | 0.52 | 0.28 | 0.47 | 0.36 | 0.28 | 0.09 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 765.00 | 562.00 | 372.00 | 298.00 | 243.00 | 203.00 | 246.00 | 263.00 | 220.00 | 201.00 | 151.00 | 103.00 |
| Expenses | 551.00 | 432.00 | 288.00 | 233.00 | 198.00 | 165.00 | 197.00 | 215.00 | 171.00 | 160.00 | 126.00 | 85.00 |
| Operating Profit | 214.00 | 130.00 | 84.00 | 64.00 | 46.00 | 39.00 | 49.00 | 48.00 | 49.00 | 41.00 | 25.00 | 18.00 |
| OPM % | 28.00 | 23.00 | 23.00 | 22.00 | 19.00 | 19.00 | 20.00 | 18.00 | 22.00 | 20.00 | 17.00 | 18.00 |
| Other Income | 17.00 | 3.00 | 2.00 | -2.00 | 1.00 | 1.00 | 2.00 | 3.00 | 0.00 | 2.00 | 0.00 | 0.00 |
| Interest | 37.00 | 34.00 | 30.00 | 22.00 | 17.00 | 16.00 | 15.00 | 13.00 | 12.00 | 11.00 | 8.00 | 5.00 |
| Depreciation | 19.00 | 15.00 | 11.00 | 10.00 | 9.00 | 9.00 | 10.00 | 6.00 | 6.00 | 4.00 | 3.00 | 4.00 |
| Profit before tax | 175.00 | 84.00 | 45.00 | 29.00 | 20.00 | 14.00 | 25.00 | 33.00 | 31.00 | 27.00 | 15.00 | 9.00 |
| Tax % | 31.00 | 32.00 | 29.00 | 35.00 | 28.00 | 29.00 | 45.00 | 11.00 | 38.00 | 36.00 | 33.00 | 21.00 |
| Net Profit | 121.00 | 57.00 | 32.00 | 19.00 | 15.00 | 10.00 | 14.00 | 29.00 | 19.00 | 17.00 | 10.00 | 7.00 |
| EPS in Rs | 3.37 | 1.87 | 1.12 | 0.92 | 0.70 | 0.49 | 0.67 | 1.40 | 0.92 | 1.27 | 0.73 | 0.54 |
| Dividend Payout % | 7.00 | 13.00 | 4.00 | 3.00 | 4.00 | 5.00 | 7.00 | 7.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 36.00 | 31.00 | 28.00 | 21.00 | 21.00 | 21.00 | 21.00 | 21.00 | 21.00 | 14.00 | 14.00 | 14.00 |
| Reserves | 1,287.00 | 578.00 | 491.00 | 363.00 | 299.00 | 284.00 | 275.00 | 261.00 | 235.00 | 50.00 | 31.00 | 21.00 |
| Borrowings | 489.00 | 295.00 | 208.00 | 144.00 | 116.00 | 116.00 | 83.00 | 108.00 | 87.00 | 88.00 | 71.00 | 58.00 |
| Other Liabilities | 484.00 | 358.00 | 228.00 | 165.00 | 163.00 | 109.00 | 86.00 | 61.00 | 121.00 | 94.00 | 87.00 | 42.00 |
| Total Liabilities | 2,295.00 | 1,262.00 | 955.00 | 692.00 | 598.00 | 530.00 | 465.00 | 451.00 | 463.00 | 246.00 | 203.00 | 135.00 |
| Fixed Assets | 276.00 | 181.00 | 144.00 | 106.00 | 86.00 | 49.00 | 50.00 | 42.00 | 29.00 | 30.00 | 21.00 | 23.00 |
| CWIP | 171.00 | 59.00 | 24.00 | 25.00 | 25.00 | 50.00 | 37.00 | 28.00 | 29.00 | 13.00 | 10.00 | 1.00 |
| Investments | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 1,846.00 | 1,021.00 | 786.00 | 561.00 | 487.00 | 430.00 | 378.00 | 380.00 | 406.00 | 203.00 | 172.00 | 110.00 |
| Total Assets | 2,295.00 | 1,262.00 | 955.00 | 692.00 | 598.00 | 530.00 | 465.00 | 451.00 | 463.00 | 246.00 | 203.00 | 135.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -167.00 | 12.00 | -80.00 | -16.00 | 43.00 | 8.00 | 47.00 | -73.00 | -42.00 | 14.00 | 4.00 | -4.00 |
| Cash from Investing Activity | -563.00 | -93.00 | -57.00 | -35.00 | -25.00 | -23.00 | -19.00 | 64.00 | -109.00 | -17.00 | -10.00 | -10.00 |
| Cash from Financing Activity | 749.00 | 81.00 | 138.00 | 51.00 | -18.00 | 15.00 | -36.00 | 10.00 | 152.00 | -11.00 | 9.00 | 16.00 |
| Net Cash Flow | 20.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -8.00 | 1.00 | 0.00 | -14.00 | 3.00 | 1.00 |
| Free Cash Flow | -405.00 | -75.00 | -129.00 | -48.00 | 23.00 | -14.00 | 20.00 | -92.00 | -64.00 | -2.00 | -6.00 | -14.00 |
| CFO/OP % | -69.00 | 14.00 | -93.00 | -20.00 | 98.00 | 28.00 | 108.00 | -133.00 | -75.00 | 41.00 | 23.00 | -13.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 216.00 | 155.00 | 231.00 | 180.00 | 205.00 | 305.00 | 201.00 | 235.00 | 190.00 | 130.00 | 209.00 | 217.00 |
| Inventory Days | 558.00 | 552.00 | 612.00 | 594.00 | 597.00 | 546.00 | 421.00 | 317.00 | 391.00 | 275.00 | 228.00 | 204.00 |
| Days Payable | 262.00 | 257.00 | 234.00 | 195.00 | 258.00 | 189.00 | 115.00 | 68.00 | 212.00 | 164.00 | 225.00 | 161.00 |
| Cash Conversion Cycle | 513.00 | 450.00 | 610.00 | 579.00 | 544.00 | 661.00 | 507.00 | 484.00 | 369.00 | 241.00 | 212.00 | 261.00 |
| Working Capital Days | 300.00 | 258.00 | 356.00 | 314.00 | 314.00 | 374.00 | 312.00 | 271.00 | 176.00 | 52.00 | 83.00 | 113.00 |
| ROCE % | 16.00 | 15.00 | 12.00 | 11.00 | 9.00 | 8.00 | 10.00 | 12.00 | 18.00 | 28.00 | 22.00 | 19.00 |
Corporate Actions
13 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 08 Sep 2025 | 09 Sep 2025 | — | 0.25 | |
| Dividend | 20 Sep 2024 | 20 Sep 2024 | — | 0.05 | |
| Other | 20 Sep 2024 | — | — | — | Annual General Meeting |
| Dividend | 22 Sep 2023 | 22 Sep 2023 | — | 0.03 | |
| Dividend | 22 Sep 2023 | 22 Sep 2023 | — | 0.03 | |
| Other | 22 Sep 2023 | — | — | — | Annual General Meeting |
| Split | 04 May 2023 | 04 May 2023 | 10:1 | — | |
| Dividend | 08 Sep 2022 | 09 Sep 2022 | — | 0.25 | |
| Dividend | 16 Sep 2021 | 17 Sep 2021 | — | 0.25 | |
| Dividend | 17 Sep 2020 | — | — | 0.50 | |
| Other | 25 Sep 2019 | — | — | — | Annual General Meeting |
| Dividend | 15 Nov 2018 | 16 Nov 2018 | — | 1.00 | |
| Other | 12 Sep 2018 | — | — | — | Annual General Meeting |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update27 Aug from care
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Rating update5 Sep 2025 from smera
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Rating update15 Jul 2025 from smera
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Rating update25 Jun 2025 from smera
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Rating update30 Mar 2024 from smera
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Rating update6 Jul 2023 from smera