DAC approval delays for underwater mine order
The ₹2,500 crore order is pending DAC approval; any delay could impact revenue visibility.
high · management_commentaryApollo Micro Systems Limited — Q3 FY26
Apollo Micro Systems delivered a record Q3 with revenue surging 70% YoY to ₹252 crore, driven by robust order book execution and transition of multiple products into production.
bullish
high
Financial stats pending filing verification
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Margin dilution from IDL consolidation
IDL reported a loss of ₹4 crore in 45 days; management expects EBITDA breakeven only by Q4, with PAT positive from next year.
medium · analyst_questionShareholder rejection of related party transaction resolution
Resolution for corporate guarantees to subsidiaries was defeated by institutional shareholders, potentially impacting subsidiary support.
medium · analyst_questionHigh COGS levels due to R&D-heavy project mix
Material costs remain around 70% of revenue; improvement expected only when large-scale production orders kick in.
medium · data_observation