Shares of multibagger defence firm Apollo Micro Systems jumped up to 8% to a record high of Rs 369 on the BSE on Wednesday, extending their rally for a second straight session and soaring 20% over the two days.The rally follows a strong Q4 performance, with Apollo Micro Systems posting a 163% surge in consolidated net profit to Rs 36.8 crore, up from Rs 14 crore a year ago. Revenue from operations also jumped 81% YoY to Rs 293.3 crore, compared with Rs 161.8 crore in the year-ago period.For the full year, Apollo Micro Systems delivered strong all-around growth. Consolidated profit jumped 90% YoY to Rs 107.4 crore from Rs 56.4 crore in FY25, while revenue from operations surged 61% to Rs 904.3 crore versus Rs 562.1 crore a year earlier, the company said in a regulatory filing.Supporting its growth outlook, the company’s consolidated order book stood at Rs 1,432 crore as of March 31, 2026, reflecting healthy business visibility for the coming periods.Managing Director Baddam Karunakar Reddy described FY26 as a “breakthrough year” for the company, driven by record revenue and profitability, the successful acquisition of IDL Explosives through ADIPL, the receipt of a DPIIT licence for UAV manufacturing, and the company securing its first export order.Reddy also said another acquisition through ADIPL is likely to be completed before the end of the next financial year, which could further enhance the company’s capabilities and future growth prospects.During the year, the company posted its highest-ever quarterly and annual EBITDA. It also delivered record profit after tax on both a quarterly and yearly basis, while achieving an all-time high order book. In addition, the company surpassed its annual PAT margin guidance.The stock has emerged as a multibagger, gaining 172% over the past one year. Apollo Micro Systems currently has a market capitalisation of Rs 13,145 crore.Also read: FIIs slash allocation in India's top 10 bluechip stocks by half. Is that a warning sign for your portfolio?In terms of valuations, the stock is trading at a price-to-earnings ratio of 124.43 and a price-to-book ratio of 15.69, reflecting premium valuations backed by strong growth expectations.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Multibagger Apollo Micro Systems shares soar 19% in two sessions. What’s behind the sharp rise?
Apollo Micro Systems shares surged to a record high. The defence firm reported a 163% jump in Q4 net profit and 81% revenue growth. Full-year profit rose 90% and revenue increased 61%. The company's order book stands at Rs 1,432 crore. Managing Director called FY26 a breakthrough year driven by acquisitions and new licenses.
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