Apollo Micro Systems Limited — Results, 31-05-2025: Integrated Filing- Financial

Apollo Micro Systems has announced a board meeting on 28 May 2025 to consider a final dividend for FY25.

1) Revenue Performance:

Consolidated revenue surged 51.3% YoY to ₹562.07 Cr, driven entirely by growth in the electromechanical components segment.

2) Profitability and EPS:

Net profit jumped 81% to ₹56.36 Cr, with EPS rising to ₹1.86 from ₹1.24. Profit before tax doubled to ₹82.59 Cr. Margins improved despite rising input costs, supported by higher volumes and pricing power.

3) Operational Costs:

Material expenses increased 53.7% to ₹435.45 Cr, in line with sales growth. Employee costs grew moderately by 30% to ₹21.98 Cr, reflecting prudent cost control. Financial costs edged up to ₹34.22 Cr. Overall, expense growth remains well-managed relative to revenue.

4) Key Metrics:

EBITDA saw an implied margin expansion of around ₹18.5 Cr, fueled by volume gains and pricing leverage. Inventory rose to ₹600.63 Cr, signaling capacity build-up and stronger order inflows. Trade payables also increased significantly, indicating extended vendor credit terms.

5) Balance Sheet / Cash Flow Health:

Net borrowings rose to ₹33.08 Cr from ₹20.63 Cr to fund aggressive expansion including ₹96.31 Cr in capex. Cash balances improved sharply to ₹40.27 Cr from ₹0.20 Cr, boosting liquidity. Other equity climbed to ₹576.25 Cr, supported by retained earnings.

6) Management Commentary / Strategic Outlook:

The company continues sizable investments in manufacturing capabilities, indicating a clear push for scalability and long-term growth. Higher leverage reflects this aggressive expansion strategy.

Final Takeaway:

Apollo Micro Systems is delivering strong top- and bottom-line growth on the back of capacity expansion and operational efficiency gains. While rising debt raises monitoring points, improving margins and liquidity position the company well for scaling its electromechanical components business. Retail investors may find growth potential here but should watch capital costs and the final dividend decision.