Apollo Micro Systems Q1FY27: Revenue ₹251 Cr, PAT ₹25 Cr

Record June-quarter performance sets the tone

Apollo Micro Systems Limited reported its strongest first-quarter performance on record for Q1FY27, driven by a sharp year-on-year rise in consolidated revenue and profits. The company, a Hyderabad-based defence electronics manufacturer, said consolidated revenue from operations rose 88% year-on-year to ₹251.3 crore. Consolidated profit after tax (PAT) increased 43% year-on-year to ₹25.2 crore. The quarter ended on 30 June 2026, and the company announced results on 8 August 2026, as referenced in the earnings call details shared in the provided text. Alongside the earnings update, the company also highlighted a strategic acquisition plan involving Premier Explosives. Together, the financial performance and the acquisition headline kept focus on the company’s scale-up strategy.

Key headline numbers: revenue, profit, and operating performance

The consolidated top line expanded meaningfully versus the year-ago period, with revenue from operations moving from ₹133.6 crore in Q1FY26 to ₹251.3 crore in Q1FY27. Profitability also improved in absolute terms, with consolidated PAT rising from ₹17.7 crore to ₹25.2 crore over the same period. Operating profit, measured as EBITDA excluding other income, was reported at ₹53.7 crore in Q1FY27 compared with ₹40.9 crore in Q1FY26. While EBITDA grew in value, the operating margin contracted during the quarter. The reported consolidated EBITDA margin declined to 21.4% from 30.6% a year earlier, a drop of 9.2 percentage points.

Standalone performance also improved

Apollo Micro Systems also reported standalone numbers that marked the highest-ever first-quarter performance, based on the information provided. Standalone revenue from operations was ₹156 crore in Q1FY27 compared with ₹134 crore in Q1FY26. Standalone EBITDA was stated at ₹48 crore for Q1FY27 versus ₹41 crore in Q1FY26. Standalone PAT came in at ₹28 crore, up from ₹19 crore in the corresponding quarter last year. The company’s earnings call transcript also referenced standalone revenue growth of 17% year-on-year to ₹156 crore.

What the company said in the earnings call

The earnings call (dated 8 August 2026) reiterated the year-on-year expansion in revenue and profits. Management stated that Q1FY27 consolidated revenue stood at ₹251 crore, registering 88% year-on-year growth compared to ₹134 crore in Q1FY26. It also said EBITDA excluding other income grew to about ₹54 crore in Q1FY27 compared to about ₹41 crore in the year-ago quarter, and PAT increased to about ₹25 crore versus about ₹18 crore previously. These figures align with the detailed table in the provided text, with minor differences attributable to rounding. The call also highlighted that this was the company’s highest-ever June quarter performance.

Acquisition headline: ₹1,550 crore Premier Explosives deal

Alongside the quarterly performance, the provided text states that Apollo Micro Systems announced a strategic ₹1,550 crore acquisition of Premier Explosives. No additional transaction structure, timeline, or regulatory details were included in the provided material. Even with limited information, the deal value is material relative to quarterly revenue and is likely to be watched closely by investors for clarity on integration scope and funding. The acquisition mention sat alongside the record quarterly numbers, keeping focus on both execution and expansion.

Regulatory disclosure and publication details

The company also disclosed that, in compliance with Regulation 47 of the SEBI (LODR) Regulations, 2015, extracts of the standalone and consolidated unaudited financial results were published. The publications named were Business Standard (English) and Nava Telangana (Telugu). The publication date cited was 10 August 2026. This disclosure is relevant for tracking the formal dissemination of results to investors and the wider market.

A note on units used in different disclosures

The provided text includes both crore-format figures (for example, ₹251.3 crore revenue) and million-format figures (for example, ₹2,512.9 million revenue and ₹252.2 million PAT). These million figures are consistent with the crore figures when converted (₹2,512.9 million equals ₹251.29 crore; ₹252.2 million equals ₹25.22 crore). One excerpt also stated “₹2,512.93 crore” revenue and “₹252.16 crore” PAT, which conflicts with the other figures presented. The article below relies on the repeated crore-based results and the detailed table, and references the million-format numbers only where they match the crore values through unit conversion.

Financial snapshot table (as reported)

Sequential context from the provided QoQ table

Another set of figures in the provided text compared Q1FY27 with Q4FY26 and Q1FY26 on a quarter-on-quarter basis. Revenue from operations for Q1FY27 was listed at ₹251 crore versus ₹293 crore in Q4FY26, a QoQ change of -14.31%. Total revenue was listed at ₹254 crore versus ₹296 crore in Q4FY26, a QoQ change of -14.47%. EBITDA (excluding other income) was listed at ₹54 crore versus ₹68 crore in Q4FY26, a QoQ change of -20.57%. These sequential numbers give context that, despite record Q1 performance, the quarter was lower than the immediately preceding quarter on the metrics shown.

Market impact: what investors will likely focus on

From the numbers disclosed, the immediate investor lens is likely to be split between growth and margins. Revenue growth of 88% year-on-year is significant, and PAT growth of 43% year-on-year confirms improvement in absolute earnings. At the same time, the consolidated EBITDA margin falling to 21.4% from 30.6% indicates that costs rose faster than operating profit versus the previous year. The acquisition headline of ₹1,550 crore adds another layer, because the market typically seeks clarity on funding and expected financial impact, neither of which was detailed in the provided text. Investors may also compare consolidated and standalone profitability, given standalone PAT of ₹28 crore versus consolidated PAT of ₹25.2 crore in the presented table.

Analysis: why these results matter for the defence electronics theme

Apollo Micro Systems’ update is notable for two concrete reasons presented in the material. First, the company reported record first-quarter performance with a large year-on-year revenue jump, indicating a strong execution phase relative to the year-ago base. Second, the reported margin compression shows that scale-up is not automatically translating into higher operating margins. The combination of rapid revenue growth, lower EBITDA margin, and a large acquisition announcement means upcoming disclosures will be important for understanding how the company balances expansion with profitability.

Conclusion

Apollo Micro Systems reported record Q1FY27 results, with consolidated revenue from operations at ₹251.3 crore and PAT at ₹25.2 crore, while standalone revenue was ₹156 crore and standalone PAT was ₹28 crore. The quarter also saw a reported decline in consolidated EBITDA margin to 21.4% from 30.6% a year earlier. Separately, the company highlighted a proposed ₹1,550 crore acquisition of Premier Explosives. The next key items to watch, based on the provided information, are further transaction details on the acquisition and subsequent quarterly updates following the June 2026 quarter disclosure timeline.