$APOLLO.NSE Apollo Micro Systems Ltd – Q2 FY26 (September 2025) Result & Outlook 1. Quarterly Performance Reported its highest-ever quarterly revenue of around ₹225 crore, up nearly 40% YoY. Net profit surged by approximately 100% YoY to about ₹32 crore. EBITDA margin improved to nearly 26%, compared to 20% in the same quarter last year. Growth driven by strong order execution in defence and aerospace, along with better operational efficiency and cost control. 2. Fundamental View The company continues to benefit from the government’s “Make in India” initiative and rising demand for indigenous defence manufacturing. A strong order book and capacity expansion indicate sustained revenue visibility for upcoming quarters. Key risks to monitor include working capital requirements, execution timelines, and margin sustainability. Overall fundamentals remain robust, supported by expanding opportunities in the defence electronics segment. 3. Technical View The stock witnessed a strong…