Apollo Micro Systems shares gained more than 2% in Tuesday’s trade after the defence and aerospace company announced key corporate developments, including the allotment of equity shares following warrant conversions and trading approvals from stock exchanges.
In a regulatory filing, the company said that 13,000 equity shares issued upon the conversion of warrants have received trading approval from both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The shares were allotted at ₹114 per share and rank pari passu with the company’s existing equity shares. Trading approval for these shares became effective on June 9.
The stock also reacted positively to the company’s announcement regarding the allotment of 33.85 lakh equity shares following the conversion of warrants. Apollo Micro Systems received ₹28.94 crore as warrant exercise consideration from select investors, including Ebisu Global Opportunities Fund, leading to the conversion.
Following the allotment, the company’s paid-up equity share capital increased to ₹35.73 crore. The newly issued shares will carry the same rights as existing equity shares.
The latest developments come against the backdrop of a strong financial performance by the company in FY26, supported by robust execution across its defence and aerospace segments.
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For the quarter ended March 2026 (Q4FY26), Apollo Micro Systems reported a net profit of ₹38 crore, nearly three times higher than ₹14 crore recorded in the corresponding quarter of the previous year. Revenue from operations surged 81% year-on-year to ₹293.2 crore, marking the highest quarterly revenue in the company’s history.
Operating performance also improved significantly during the quarter. EBITDA rose 87% to ₹67.5 crore from ₹36 crore a year earlier, while EBITDA margin expanded to 23% compared with 22.3% in the year-ago period.
For the full financial year FY26, the company posted revenue of ₹904 crore, registering a strong 61% growth over ₹562 crore reported in FY25. Apollo Micro Systems also achieved record quarterly revenue, EBITDA, and profit after tax during the March quarter, underscoring its sustained growth momentum and strengthening order execution capabilities.
On Tuesday, Apollo Micro Systems shares opened at ₹412.90 on the BSE, touched an intraday high of ₹415.55, and slipped to a low of ₹408.40 during the session.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
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PNN Verified Media or Organization • 25 Apr, 2026Agency
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