Apollo Micro Systems (APOLLO) Investor presentation summary

Business and capabilities

• End-to-end ESDM services span design, development, prototyping, qualification, testing and commercial production for aerospace, defence, space and homeland security applications.

• Expertise covers missile, naval, avionics, satellite and homeland security systems, plus custom COTS, build-to-print and build-to-specification solutions.

• Defence programme experience includes RUDRAM, AKASH, QRSAM, AGNI, PINAKA, VARUNASTRA and MAAREECH applications.

• Scale includes 60+ programmes as a subsystem partner, 150+ indigenous programmes, 700+ onboard technologies and a 165+ member R&D team.

Research and manufacturing

• CEMILAC-certified in-house R&D develops airworthy systems; FY24 work included torpedo homing systems, missile and swarm actuators, seeker signal processing and avionic systems.

• Hyderabad facilities include 55,000 sq. ft. at Unit I and 40,000 sq. ft. at Unit II; the planned Unit III at Hardware Park II spans 350,000 sq. ft.

• Integrated Plant for Ingenious Defence Systems construction began in FY24, with completion expected by FY25 end to expand in-house production capacity.

• Quality credentials include ISO 9001:2015, AS9100D, ISO 27001 and CEMILAC certification; testing facilities align with DGQA standards.

Financial performance

• Q2FY25 revenue from operations was Rs. 1,607.1 Mn, up 84.4% YoY; EBITDA was Rs. 329.0 Mn, up 76.7%, with a 20.5% margin versus 21.4%.

• Q2FY25 PAT was Rs. 157.3 Mn, up 140.0% YoY; PAT margin was 9.8% versus 7.5%.

• H1FY25 revenue was Rs. 2,519.1 Mn, up 73.9% YoY; EBITDA was Rs. 552.7 Mn, up 77.7%, and PAT was Rs. 241.6 Mn, up 194.2%.

• FY24 revenue was Rs. 3,716.3 Mn, EBITDA Rs. 840.3 Mn and PAT Rs. 316.6 Mn; EBITDA margin was 22.5% and PAT margin 8.5%.

• H1FY25 operating cash flow was Rs. 177.6 Mn versus an outflow of Rs. 220.7 Mn in H1FY24; investing cash outflow was Rs. 494.2 Mn.