Apollo Micro Programs, a multibagger defence inventory, closed 5.6% larger at ₹311 apiece in Monday’s commerce on Might 18 as traders cheered the corporate’s sturdy March quarter efficiency.
The corporate reported a wholesome set of numbers for the March quarter, with consolidated income from operations rising to ₹293.26 crore, in comparison with ₹161.77 crore within the corresponding quarter final yr, registering a pointy 81.3% year-on-year development. Whole earnings for the quarter stood at ₹296.45 crore, up from ₹162.50 crore a yr in the past.
The corporate’s revenue earlier than tax (PBT) elevated sharply to ₹54.79 crore in Q4FY26 from ₹22 crore in Q4FY25, whereas revenue after tax (PAT) surged to ₹36.79 crore from ₹13.96 crore, marking a sturdy 163.5% YoY leap. Whole bills for the quarter rose to ₹241.66 crore, in comparison with ₹140.50 crore within the year-ago interval.
For the total monetary yr FY26, the defence firm reported consolidated income from operations of ₹904.32 crore, in comparison with ₹562.07 crore in FY25, reflecting a powerful 60.9% annual development. Whole earnings for the yr stood at ₹910.60 crore, up from ₹564.95 crore within the earlier monetary yr, in response to the corporate’s earnings submitting.
Revenue earlier than tax for FY26 climbed sharply to ₹154.80 crore from ₹82.55 crore in FY25, whereas revenue after tax jumped to ₹107.38 crore from ₹56.36 crore, registering a powerful 90.5% year-on-year improve.
Together with the monetary outcomes, the corporate additionally introduced a closing dividend of Re 0.25 per fairness share of face worth Re 1 every for FY26, topic to shareholders’ approval.
Other than the outcomes, the corporate’s shares have remained in focus recently amid a number of optimistic developments, which helped the inventory recoup a majority of its earlier losses.
In early Might, the corporate secured orders value ₹17.48 crore from the Ministry of Defence, ₹9.53 crore from public sector defence undertakings, and ₹24.02 crore from non-public corporations.
In April, Apollo Micro Programs acquired a licence from the Authorities of India to fabricate a variety of superior defence weapon programs and ammunition. The licence covers arms of calibre above 12.7 mm, together with missiles, anti-tank guided missiles (ATGMs), torpedoes, underwater mines, aerial bombs, rockets, and loitering munitions.
Apollo Micro Programs share value journey
The corporate’s shares resumed their profitable run in April, surging sharply by 63%, which ended a three-month shedding streak. To date within the present month, the inventory has superior one other 5%, taking the cumulative acquire to 71%.
The inventory had come underneath extreme promoting stress after hitting a recent all-time excessive of ₹354.70 apiece, with the correction persisting till March and eroding practically 44% of its worth.
However, the inventory recouped most of these losses in April alone, highlighting its sturdy rebound functionality from decrease ranges.
Though the inventory’s short-term pattern stays risky, its long-term efficiency continues to remain strong, with the shares nonetheless buying and selling 820% larger over the previous three years and a pair of,839% larger during the last 5 years.
Disclaimer: We advise traders to examine with licensed specialists earlier than making any funding choices.
