Apollo Micro Systems Limited

NSE: APOLLO · Capital Goods

₹413.65-4.83%06 Nov 2026

Ask the data

Instant answers about Apollo Micro Systems Limited — computed from its filings, no language model

Market cap₹15,371 cr

Current price₹413.65

High / Low₹450 / ₹182

P/E110.6

P/B10.12

Book value₹40.9

ROE9.1%

ROCE12.2%

Debt / equity0.43

Dividend yield0.05%

EPS (TTM)₹3.74

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY21	FY22	FY23	FY24	FY26
Revenue	203.1	243.2	297.5	371.6	904.3
EBITDA	38.5	45.6	64.3	83.9	218.2
Operating margin	19.0%	18.8%	21.6%	22.6%	24.1%
Interest	16.0	17.2	22.6	30.3	47.3
Depreciation	8.7	9.0	10.4	11.3	22.3
Profit before tax	14.5	20.2	29.0	44.1	154.8
Tax	4.2	5.6	10.2	13.0	47.4
Net profit	10.2	14.6	18.8	0.3	112.9
EPS ₹	4.94	7.04	9.18	0.00	3.18
Operating cash flow	—	39.6	-15.5	-68.7	-129.8
Capex	—	23.4	33.4	53.9	227.6
Dividend paid	—	0.5	0.5	0.6	8.3
Total assets	—	—	692.6	956.2	2,368.5
Equity	—	—	383.5	518.5	1,313.1

Quarterly performance

last 24 quarters · ₹ crore

showing latest 8 of 24 periods

	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	66.3	35.3	77.7	27.1	45.9	64.6	105.7	56.3	52.1	82.3	106.8	57.7	87.2	91.3	135.4	91.2	160.7	148.4	133.6	225.3	252.2	293.3	251.3	388.1
Operating profit	10.7	9.5	12.2	7.2	9.9	12.1	16.4	9.9	12.0	19.6	22.9	12.7	18.4	24.0	28.7	22.4	32.9	38.0	40.9	59.2	50.4	67.6	53.7	111.2
Operating margin	16.1%	26.9%	15.6%	26.7%	21.6%	18.7%	15.6%	17.6%	23.0%	23.8%	21.4%	22.1%	21.1%	26.3%	21.2%	24.5%	20.5%	25.6%	30.6%	26.3%	20.0%	23.1%	21.4%	28.6%
Other income	0.2	0.2	0.1	0.2	0.3	0.2	0.0	0.1	0.3	0.3	0.0	0.2	0.2	0.5	0.9	0.6	0.6	1.0	0.9	1.3	0.9	3.2	2.2	3.5
Interest	3.9	4.1	4.9	4.0	4.1	3.8	5.3	4.0	4.8	6.3	7.5	7.5	7.2	7.3	8.3	7.6	7.3	8.8	12.0	12.6	13.6	9.1	10.7	14.6
Depreciation	2.1	2.1	2.4	2.0	2.1	2.5	2.4	2.5	2.6	2.6	2.6	2.6	2.7	2.8	3.1	3.5	3.8	4.0	4.5	4.8	6.1	7.0	7.6	7.6
Profit before tax	4.9	3.4	5.0	1.4	4.1	6.0	8.8	3.6	4.9	9.2	11.3	2.8	8.7	14.4	18.2	11.9	22.5	26.2	25.3	43.1	31.6	54.8	37.7	92.5
Tax	1.3	0.9	1.8	0.8	1.3	2.6	0.9	1.9	1.6	2.5	4.1	1.2	2.2	4.4	5.2	3.5	6.7	8.0	7.6	13.1	8.7	18.0	12.4	46.3
Net profit	3.6	2.5	3.1	0.6	2.8	3.4	7.9	1.6	3.3	6.6	7.2	1.6	6.6	10.0	0.3	8.4	15.7	18.3	18.5	31.1	25.7	37.9	26.9	48.4
EPS ₹	1.74	1.22	1.51	0.28	1.32	1.63	3.80	0.79	1.58	3.18	3.63	0.08	0.29	0.41	0.00	0.29	0.52	0.60	0.56	0.93	0.69	1.09	0.75	1.32
Revenue YoY	—	—	—	—	-30.8%	83.0%	35.9%	108.0%	13.4%	27.5%	1.1%	2.5%	67.4%	10.9%	26.8%	58.1%	84.4%	62.5%	46.5%	40.2%	70.0%	—	88.1%	72.3%
Profit YoY	—	—	—	—	-24.0%	33.1%	152.4%	178.0%	19.6%	95.3%	-8.6%	0.6%	99.4%	50.9%	-96.4%	410.9%	139.3%	83.3%	119.6%	98.2%	40.6%	—	45.4%	55.7%

Earlier results (standalone, Dec '17 – Jun '20)

₹ crore · from BSE, before the NSE XBRL filings begin

Apollo Micro Systems Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

	FY19†	FY20†
Revenue	263.0	245.9
Operating profit	48.4	48.7
Operating margin	18.4%	19.8%
Other income	3.2	1.6
Interest	13.2	15.1
Depreciation	6.2	9.9
Profit before tax	32.2	25.3
Tax	3.1	11.3
Net profit	29.1	14.0

Quarters

showing latest 8 of 11 periods

	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†	JUN '19†	SEP '19†	DEC '19†	MAR '20†	JUN '20†
Revenue	54.8	77.7	44.2	77.2	57.7	83.8	44.1	56.9	71.8	73.1	23.7
Operating profit	11.9	18.1	9.4	13.1	12.4	13.6	11.1	11.3	15.9	10.3	6.2
Operating margin	21.7%	23.3%	21.2%	17.0%	21.4%	16.2%	25.1%	19.9%	22.2%	14.1%	26.2%
Other income	0.1	1.3	0.8	0.8	0.3	1.3	0.5	0.2	0.2	0.7	0.2
Interest	2.8	3.5	2.7	3.5	4.0	3.0	3.2	3.9	3.5	4.5	3.1
Depreciation	1.5	2.0	1.3	1.4	1.5	2.0	2.4	2.5	2.5	2.5	2.0
Profit before tax	7.6	12.7	6.2	9.1	7.2	9.8	5.9	5.2	10.1	4.0	1.2
Tax	2.5	5.8	1.9	-0.2	2.2	-0.8	2.5	2.3	3.8	2.6	0.2
Net profit	5.1	7.0	4.3	9.3	5.0	10.5	3.4	2.9	6.3	1.4	1.0
EPS ₹	—	4.52	2.06	4.47	2.41	5.08	1.61	1.39	3.05	0.69	0.46
Revenue YoY	—	—	—	—	5.3%	8.0%	-0.2%	-26.3%	24.3%	-12.8%	-46.2%
Profit YoY	—	—	—	—	-2.2%	51.7%	-21.7%	-68.9%	26.8%	-86.4%	-71.3%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 18 periods

	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	5.0%	6.0%	4.9%	4.9%	5.2%	6.0%	3.6%	4.9%	6.0%	7.4%	8.6%	9.3%	9.1%
ROCE	—	—	—	—	—	9.0%	10.2%	9.8%	10.4%	10.2%	11.2%	10.4%	11.7%	12.4%	14.1%	11.0%	11.6%	12.2%
Net margin	4.8%	4.8%	4.6%	6.0%	5.8%	5.8%	6.6%	6.3%	6.3%	6.6%	7.4%	5.0%	6.2%	7.2%	8.0%	12.5%	11.9%	11.7%
EBITDA margin	19.2%	20.9%	19.2%	18.8%	17.7%	18.1%	19.5%	21.6%	22.5%	22.0%	22.7%	22.6%	23.1%	22.6%	22.8%	24.1%	22.6%	23.9%
Debt / equity	—	—	—	—	—	0.41	0.41	0.37	0.37	0.40	0.40	0.38	0.38	0.37	0.37	0.41	0.41	0.43
Interest coverage	1.87	1.81	1.98	2.18	2.31	2.30	2.29	2.28	2.08	2.12	2.26	2.46	2.75	3.19	3.46	4.27	4.63	5.51
Asset turnover	—	—	—	—	—	0.43	0.46	0.43	0.43	0.43	0.44	0.39	0.42	0.45	0.51	0.38	0.43	0.40

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 8 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	SEP '25	MAR '26	SEP '26
Share capital	20.8	20.8	23.3	28.2	30.6	33.6	35.7	37.2
Other equity / reserves	302.9	362.7	403.2	490.3	544.1	1,045.9	1,277.4	1,482.0
Total equity	323.7	383.5	426.5	518.5	574.8	1,079.5	1,313.1	1,519.2
Borrowings	133.7	141.7	170.0	198.2	210.3	357.1	532.4	653.7
Current liabilities	292.7	279.0	312.0	391.7	415.4	526.6	874.4	1,123.1
Non-current liabilities	24.2	29.5	32.5	45.3	66.3	177.1	185.9	306.9
Total assets	641.4	692.6	771.6	956.2	1,057.3	1,781.9	2,368.5	2,940.4
Property, plant & equipment	82.8	104.8	113.3	140.7	160.6	199.5	326.4	333.6
Capital work-in-progress	42.3	31.6	41.8	34.8	56.4	107.1	196.3	320.3
Investments	0.0	1.5	2.8	0.0	0.0	0.0	0.0	0.0
Inventories	317.6	341.5	381.4	433.6	498.5	705.1	795.3	909.1
Receivables	128.9	146.6	147.5	235.3	228.3	359.6	481.3	640.1
Cash & equivalents	0.3	0.2	0.6	0.2	0.3	18.1	89.5	20.7

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY26
Cash from operations	39.6	-15.5	-68.7	-129.8
Cash from investing	-24.3	-34.8	-61.4	-356.9
Cash from financing	-15.1	50.1	130.1	535.9
Capex	23.4	33.4	53.9	227.6
Free cash flow	16.2	-48.9	-122.6	-357.4
Dividends paid	0.5	0.5	0.6	8.3

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹333.6 cr11%

CWIP

₹320.3 cr11%

Inventories

₹909.1 cr31%

Receivables

₹640.1 cr22%

Cash & equivalents

₹20.7 cr1%

Other assets

₹716.6 cr24%

Peer comparison

largest in Capital Goods · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Hindustan Aeronautics Ltd.	3,33,052	4,980.00	35.7	8.12	22.7%
Bharat Electronics Ltd.	2,89,468	396.00	45.2	11.02	24.4%
Tata Motors Ltd.	1,56,797	425.50	24.8	10.26	41.3%
Bharat Heavy Electricals Ltd.	1,45,828	418.80	50.7	5.45	10.8%
ABB India Ltd.	1,43,541	6,774.00	55.7	15.37	27.6%
Siemens Ltd.	1,26,736	3,560.00	28.2	8.02	28.4%
Hitachi Energy India Ltd.	1,23,988	27,800.00	107.8	23.95	22.2%
CG Power and Industrial Solutions Ltd.	1,21,786	773.00	89.1	13.94	15.6%
Polycab India Ltd.	1,18,610	7,871.00	37.6	9.06	24.1%
Cummins India Ltd.	1,12,233	4,048.80	49.8	13.52	27.1%
Apollo Micro Systems Limited	15,371	413.65	110.6	10.12	9.1%

StoxGud checklist: Bullish setup · 8/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-0.3%

6 months+31.5%

1 year+44.9%

3Y CAGR+58.8%

5Y CAGR+101.5%

10Y CAGR—

50-day avg₹401.78

200-day avg₹337.55

RSI (14)46

FAQs

What is the share price of Apollo Micro Systems Limited?

Apollo Micro Systems Limited (APOLLO) closed at ₹413.65 on NSE on 06 Nov 2026.

What is the market cap of Apollo Micro Systems Limited?

₹15,371 crore at the latest close.

What is the P/E ratio of Apollo Micro Systems Limited?

110.6, on trailing-twelve-month earnings from its filings.

How fast is Apollo Micro Systems Limited growing?

Apollo Micro Systems Limited: revenue has compounded at 54.9% a year over three years; net profit at 97.7% a year. Latest-quarter revenue is up 72.3% year on year, profit up 55.7%.

How profitable is Apollo Micro Systems Limited?

On a trailing-twelve-month basis return on equity is 9.1%, return on capital employed 12.2%, operating margin 23.9%, net margin 11.7%.

How much debt does Apollo Micro Systems Limited have?

Apollo Micro Systems Limited is lightly geared: debt to equity is 0.43 with borrowings of ₹654 cr against cash of ₹21 cr (balance sheet of 2026-09-30). Operating profit covers interest 5.5 times.

Financials parsed from Apollo Micro Systems Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '20, annual from FY21, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.