āagman

Not investment advice. Data and computed figures, for information only.

Apollo Micro Systems Ltd

NSE: APOLLO
₹417.10
−₹4.60 (−1.09%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹14,431 Cr
CMP
₹417.10
52-wk High / Low
₹467 / 180
P/E
119.0
P/B
10.5
Book Value
₹36.8
Div Yield
0.06%
ROCE
15.0%
ROE
11.8%
Face Value
₹1
D/E
0.41

Price+31.4% over 1Y

āagman read

Computed by āagman
Derived from 7 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
3
/ 9
3 of 9 F-score tests passed
Graham Number
₹51
√(22.5 × EPS × book value per share)
ROIC
7.3%
vs 12.3% sector median
Cash flow to profit
−1.21
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−908
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
11.0%
ROE × earnings retention ratio
ROE stability
1.8
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −2.00FII +3.96DII −0.11
Latest quarter vs the previous one
Cash-accrual divergence
12.9%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.3x)
+FII holding rose by 7.5pp over the last year
Watch-outs
−Latest ROCE of 15% trails the sector median of 19%
−Annualised volatility of 53.9% is in the high band (≥45%)
−Promoter holding fell by 9.1pp over the last year
−Piotroski F-Score of 3/9 is in the weak band (≤3)
−Balance-sheet accruals of 12.9% of average assets — earnings are not cash-backed

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales58879113591161148162134225252293251
Expenses4569671076912811012693166202226198
Operating Profit13182429223338364159506854
OPM %22.4%20.7%26.4%21.5%24.2%20.5%25.7%22.2%30.6%26.2%19.8%23.2%21.5%
Other Income0001111111132
Interest877887911121314911
Depreciation3333344445678
Profit before tax391418122226222543325538
Net Profit27101381618141830233725
EPS (₹)0.080.280.350.460.280.510.600.460.550.930.721.050.72

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 7 years + TTM
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2462032432983725629041,022
Expenses197165198233288433685791
Operating Profit4939466484129219231
OPM %19.9%19.2%18.9%21.5%22.6%23.0%24.2%22.6%
Other Income211−22358
Interest1516172230344746
Depreciation10991011152225
Profit before tax251420294483155167
Net Profit141015193156107115
EPS (₹)0.670.490.700.901.101.843.163.42

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital21212121283136—
Reserves2752842993634905761,277—
Borrowings83117116144208335543—
Other Liabilities86110164165230357512—
Total Liabilities4655325996939561,2992,368—
Fixed Assets504986106144182477—
CWIP375230323572196—
Investments0000000—
Other Assets3784304845557771,0451,694—
Total Assets4655325996939561,2992,368—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity47643−16−7610−130
Cash from Investing Activity−19−23−24−35−60−91−357
Cash from Financing Activity−3617−1951136121536
Net Cash Flow−800004049

Ratios

As of 31 Mar 2026
7 periods
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—8.09.011.012.014.015.0
ROE %——————11.8
EPS (₹)0.670.490.700.901.101.843.16
Book Value (₹)——————36.8
Face Value (₹)——————1
P/E——————119.0
Div Yield %——————0.06
NPM %5.64.96.16.48.39.911.8
OPM %20.019.019.022.023.023.024.0
D/E0.280.380.360.380.400.550.41
P/B——————10.5

Growth

As of 11 Oct 2026
Compounded sales growth
5 years+35.0%
3 years+45.0%
TTM+69.0%
Compounded profit growth
5 years+62.0%
3 years+76.0%
TTM+83.0%
Stock price CAGR
5 years+99.0%
3 years+83.0%
Last year+22.0%
Return on equity
5 years9.0%
3 years10.0%
Last year12.0%

Shareholding pattern

As of 31 Dec 2025
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters63.92%63.92%63.92%63.92%59.10%59.10%59.10%53.21%55.12%51.98%49.98%
FIIs4.63%4.63%4.26%3.90%3.86%1.75%0.12%11.14%0.93%3.63%7.59%
DIIs7.35%7.35%6.69%4.67%2.22%0.00%3.59%0.01%0.37%1.82%1.71%
Government———————————
Public24.10%24.10%25.10%27.49%34.82%39.15%37.19%35.62%43.60%42.58%40.72%
No. of shareholders31,72031,72029,99228,37541,49248,53142,1341,79,0492,80,4273,73,8063,98,043
Change since Jun 2023 (pp)
Promoters −13.94FIIs +2.96DIIs −5.64Public +16.62

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Shareholder Meeting / Postal Ballot-Scrutinizer''s ReportShareholder Meeting / Postal Ballot-Outcome of AGMAnnouncement under Regulation 30 (LODR)-Investor PresentationAnnouncement under Regulation 30 (LODR)-Investor Presentation
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025RecordingAug 2025TranscriptAug 2025PPTAug 2025Recording

Corporate actions

As of 23 Sep 2026
23 Sep 2026DIVIDENDDividend - Re 0.25 Per Share—
8 Sep 2025DIVIDENDDividend - Re 0.25 Per Share—
20 Sep 2024DIVIDENDDividend - Re 0.05 Per Share—
22 Sep 2023DIVIDENDDividend - Re 0.025 Per Share—
4 May 2023SPLITFace Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share10 : 1
8 Sep 2022DIVIDENDDividend - Rs 0.25 Per Share—
16 Sep 2021DIVIDEND Dividend - Rs 0.25 Per Share—
17 Sep 2020DIVIDEND Annual General Meeting/Dividend - Rs 0.50 Per Share—
15 Nov 2018DIVIDEND Interim Dividend - Re 1 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman