Apollo Micro Systems Bets On ‘Big-Ticket' Project Pipeline To Double Revenue In FY26

Apollo Micro Systems Ltd. aims to double its revenues in FY26 amid anticipation of some “very big ticket” projects in the pipeline, its Whole Time Director A Krishna Sai Kumar told NDTV Profit on Monday. 

According to Sai Kumar, each of the expected projects can be more than the company’s revenues of the last three years put together.

Q4 is traditionally the one where the order awarding activity increases substantially, and companies like Apollo Micro Systems stand to benefit from it, Sai Kumar noted.

He said that his company’s current order book stands at about Rs 550-570 crore, and there are many others in the pipeline.

“Some very big-ticket projects are also expected in the next three to four months in our company, which is, to the tune of something like our revenues of the last three years put together and much more than that in a single order—Rs 1,000 crore and above, Rs 1,500 crore and above,” he said.

The top executive noted that with these big-ticket projects in the pipeline, the company can achieve 100% revenue growth in FY26.
“For the next financial year, our internal target is a 100% growth (in revenue), but you definitely can achieve a 50% to 55% growth with the current financial year. The current order book would roughly stand around Rs 550-570 crore,” he said.

According to Sai Kumar, the company has guided for a growth of 45% in FY25, which can go up to 50%. 

Apollo Micro Systems is part of the missile programmes of entities like DRDO that will begin production next year, he mentioned.

“Along with the DRDO, we have participated in several of the indigenous missile programs. We are part of 60% of the technologies, which are part of these governance programmes. Many of these programs are entering into the production phase in the next few months and years,” Sai Kumar said.

Therefore, the 45-50% revenue growth will continue to happen for at least three more years, even when the company doubles its revenues in FY26.

“So this 50% growth will continue to be there for the next three years. We will be growing like this consistently,” Kumar noted.

“Next year, if we are clocking a 100% revenue growth, I can say we will continue to grow from there to another 45% to 50%,” he added.

Shares of Apollo Micro Systems rose early in the session, rising 2.42 to Rs 110.31 as of 9:59 a.m. The benchmark NSE Nifty 50 was 0.49% lower at 23,529.25.