Apollo Micro Systems reported record growth in the second quarter of fiscal 2027, with consolidated revenue up 72% year on year. Management also reiterated revenue growth guidance of 35% to 45%.

Apollo Micro Systems results and order book

Consolidated EBITDA rose 88% year on year, while profit after tax increased 54%. The company’s consolidated order book increased marginally to ₹1,765 crore.

Management indicated that the order book could exceed ₹2,000 crore by the end of FY27, excluding the MIGM programme. That figure is an outlook rather than confirmed orders.

MIGM order and expansion plans

Management said user trials for the MIGM programme had been completed and an order was targeted by February 2027. Apollo is the sole supplier of key electronic subsystems and sensors for the programme, but the order has not yet been confirmed.

The company also has a proposed acquisition of Premier Explosives, while Shauryastra is focused on complete weapon systems. Other potential order opportunities include Pinaka, QRSAM and heavyweight torpedoes.

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