BSECompany Update9h ago · 24 Oct 2026, 05:07 pm

Letter to shareholders by Managing Director

Apollo Micro Systems Ltd · 540879

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Apollo Micro Systems Ltd, a defence technology company, has announced a letter to shareholders from its Managing Director, highlighting the company's performance in Q2 and H1 FY27, with revenue, EBITDA, and PAT growth of 72.3%, 87.8%, and 53.7%, respectively. The company has also received approval for the transfer of technology of DRDO-developed missile systems to the Indian defence industry, marking an important moment in India's journey towards self-reliance.

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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10

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Apollo Micro Systems Ltd - 540879 - AMS Letter To Shareholders By Managing Director

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Date: 24th October 2026. BSE Limited, National Stock Exchange of India Ltd., Department of Corporate Services Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Mumbai – 400 001 Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Code: 540879 Symbol: APOLLO ISIN: INE713T01028 Dear Sir/Madam, Subject: Updates – Communication to Shareholders by the Managing Director of the Company Please find enclosed herewith a letter addressed to the shareholders of the Company from Mr. Baddam Karunakar Reddy, Managing Director of the Company. The said letter is being issued to communicate key updates and developments concerning the Company. This update is provided for the information to our stakeholders. We request you to kindly take the above on record Yours sincerely, For Apollo Micro Systems Limited Seshadri Vasan Gollur Company Secretary & Compliance Officer M.No.F11842 Apollo Micro Systems Limited Regd Office. Plot No.128/A, Road No.12, IDA-Mallapur, Uppal Mandal, Hyderabad-500076, Telangana, India Tel No:040-27167000-099, Fax No: 040-27150820 Mail: cs@apollo-micro.com, www.apollo-micro.com CIN:L72200TG1997PLC026556 APOLLO MICRO SYSTEMS LIMITED BSE 540879 · NSE APOLLO · CIN L72200TG1997PLC026556 Chief Editor: Addepalli Krishna Sai Kumar ( S W A V A L A M B A N ) A Letter to Shareholders by Apollo Micro Systems Ltd FY27 / Oct / 07 DATE SUBJECT 24thOctober 2026 Beyond Four Decades of Innovation, Building the Next GenerationofIndigenousDefenceSystems. All the Shareholders Dear Shareholders, Our performance in Q2 and H1 FY27 reflects the Every meaningful achievement is built on years of collective efforts we have made to strengthen effort, conviction and the courage to keep moving Apollo’s business, expand our capabilities and forward. As we reflect on Apollo Micro Systems advance our long-term strategic priorities. During Limited’s performance in Q2 FY27 and H1 FY27, I Q2 FY27, we recorded revenue of ₹388.15 crore, am filled with a deep sense of gratitude for the EBITDAof ₹111.18 croreandprofitaftertax(PAT) of people, partners and shareholders who have been ₹46.15 crore, representing year-on-year growth of partofthis journey. 72.3%, 87.8% and 53.7%, respectively. For H1 FY27, revenue stood at ₹639.44 crore, EBITDA at ₹164.91 crore and PAT at ₹71.37 crore, registering year-on- year growth of 78.2%, 64.7% and 49.6%, respectively. WE COMMIT, WE DELIVER “Coming together is a beginning; keeping together is This thought captures the spirit of Apollo’s journey. The progress we have made over more than four decades has been possible because we have progress; working together is success.” continued to work towards a common purpose: developing indigenous capabilities that strengthen India’s defence preparedness. HENRY FORD APOLLO MICRO SYSTEMS LIMITED · IDA MALLAPUR, HYDERABAD 500076 · WWW.APOLLO-MICRO.COM I APOLLO MICRO SYSTEMS LIMITED BSE 540879 · NSE APOLLO · CIN L72200TG1997PLC026556 SELF-RE LI A N C E Resilience Is the New Firepower Today, that purpose has become more For Apollo, this development holds particular significance. relevant than ever. For more than forty years, we have been building capabilities across mission-critical avionics, weapon The recent approval by the Hon’ble Raksha Mantri for the electronics, fuzes, actuators, rugged computing, precision transfer of technology of DRDO-developed missile systems machining and system integration. Our journey has been totheIndiandefenceindustrymarksanimportantmoment shaped by the exacting requirements of DRDO, the Armed in India’s journey towards self-reliance. It reflects the Forces and Defence PSUs, and by our commitment to Government’s confidence in domestic industry and its delivering dependable solutions for some of India’s most recognition that a strong defence ecosystem must be demandingdefenceprogrammes. supported by indigenous technologies, reliable manufacturingcapabilitiesandresilientsupplychains. DR. A.P.J. ABDUL KALAM “Dream, dream, dream. Dreams transform into thoughts and thoughts result in action.” These words capture the spirit of India’sjourney towardsself-reliance and the philosophy thathas guidedApollo Micro SystemsLimited for overfourdecades.Buildingindigenousdefencecapabilitieshasneverbeenanovernightendeavour;ithasrequireda willingness to dream beyond existing limitations, the perseverance to develop complex technologies and the conviction tokeepinvestinginIndia’sabilitytodesignandmanufactureforitself. APOLLO MICRO SYSTEMS LIMITED · IDA MALLAPUR, HYDERABAD 500076 · WWW.APOLLO-MICRO.COM II APOLLO MICRO SYSTEMS LIMITED BSE 540879 · NSE APOLLO · CIN L72200TG1997PLC026556 THE NEXT PHASE The transfer of missile technologies marks an important opportunity for Apollo to build on its four decades of engineering excellence and expand its role across the missile technology value chain. I II SEEKERS & III COMPLETE WEAPON THE FOUNDATION INFRASTRUCTURE SYSTEMS Thecriticalpillarsofmissiletechnology With seeker development now Our ambition is to bring these are propulsion, advanced electronics underway and supporting capabilities together to develop and seeker systems which are infrastructure being progressively complete weapon systems. increasingly central to our expanding developed, we are advancing towards ShauryAstra Defence Systems Private capabilities. Our established amoreintegratedpresenceacrossthe Limitedis adecisivestep towards this electronics expertise, experience in missiletechnologyvaluechain. vision, providing a dedicated platform guidance and navigation systems and to pursue complete weapon systems onboard computers etc, and andlong-rangeplatforms. strengthened energetics capabilities through IDL Explosives and the ongoing acquisition process concerningPremierExplosivesprovide abroaderfoundationforthisjourney. For four decades, we have built the building blocks of indigenous defence. Now, we aspire to bring them together to build complete systems for our nation. This is more than the next phase of Apollo’s growth; it is our commitment to transforming years of perseverance into greater technological strength for India. APOLLO MICRO SYSTEMS LIMITED · IDA MALLAPUR, HYDERABAD 500076 · WWW.APOLLO-MICRO.COM III APOLLO MICRO SYSTEMS LIMITED BSE 540879 · NSE APOLLO · CIN L72200TG1997PLC026556 WITH GRATITU DE To Those Who Believed In The Journey Before They See The Destination I extend my heartfelt gratitude to our shareholders for your unwavering confidence, to our customersandpartnersfortheircontinuedtrust,andtoouremployeeswhosededicationandperseverance turn our aspirations into reality. As we embark on this next chapter, we remain conscious of the responsibility that comes with your trust. The road ahead will demand patience, resilience and relentless effort, but our commitment to strengthening Apollo’s capabilities and contributing to India’s indigenous defencejourneyremainssteadfast. We have come this far through perseverance,wemoveforward withpurpose, andwe lookto the future with the conviction that our greatest contributions may still lie ahead. Thank you for being an integralpartofApollo’sjourneyandforcontinuingtobelieveinthevisionwearebuildingtogether. W E C O M M I T . W E D E L I V E R . With warm regards, HYDERABAD Baddam Karunakar Reddy 24 October 2026 MANAGING DIRECTOR FY27 / OCT / 07 APOLLO MICRO SYSTEMS LIMITED APOLLO MICRO SYSTEMS LIMITED · IDA MALLAPUR, HYDERABAD 500076 · WWW.APOLLO-MICRO.COM IV