{"id":328025,"date":"2026-10-27T11:43:00","date_gmt":"2026-10-27T06:13:00","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=328025"},"modified":"2026-10-27T11:43:00","modified_gmt":"2026-10-27T06:13:00","slug":"apollo-micro-systems-shares-defence-stock-up-60-percent-in-2026-soars-8-percent-in-q2-rally-record-order-book-valuation-and-key-levels-to-watch-next","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/apollo-micro-systems-shares-defence-stock-up-60-percent-in-2026-soars-8-percent-in-q2-rally-record-order-book-valuation-and-key-levels-to-watch-next\/","title":{"rendered":"Apollo Micro Systems Shares: Defence Stock Up 60% in 2026, Soars 8% in Q2 Rally, Record Order Book, Valuation and Key Levels to Watch Next"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Apollo Micro Systems shares rose as much as Rs 447 on Tuesday, 27 Oct 2026, about 8.8% above Monday&#8217;s close of Rs 410.90, extending the rally that followed strong September-quarter results (data provider). At 11:35 AM the price was Rs 438.10, up 6.62%, on volume of 28.37 million shares, and the 52-week high of Rs 466.50 is about 4.2% above the day&#8217;s high (my calculation).<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Apollo Micro Systems shares are rising for a second session because the defence electronics maker reported Q2 revenue up about 72% and a record order book of Rs 1,765 crore. The data provider shows operating margin at 29.55% and net profit of Rs 46.15 crore, while the headline figure is Rs 48.4 crore, so the sources differ by basis. The stock trades at a price to earnings of 116.5 against an industry level of 45.08, so expectations are high. This is educational and not a recommendation.<\/p>\n<\/p><\/div>\n<p>The Apollo Micro Systems share price has gained about 16.8% in two sessions, from Rs 374.75 on 23 Oct to a close of Rs 437.70 in the daily data, and the headline says the stock is up about 60% in 2026. When Apollo Micro Systems shares rise this fast after results, investors want to know whether the order book and margins justify the multiple. This article covers the results, the order book, the valuation and the levels to watch.<\/p>\n<p>I could not verify the 60% year-to-date figure from the daily series I retrieved, so I attribute it to the headline. I also flag where the headline and the data provider differ on profit and revenue. It is educational and not advice.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=apollo-micro-systems-shares-defence-stock-up-60-percent-in-2026-soars-8-percent-in-q2-rally-record-order-book-valuation-and-key-levels-to-watch-next\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/apollo-micro-systems-shares-defence-stock-up-60-percent-in-2026-soars-8-percent-in-q2-rally-record-order-book-valuation-and-key-levels-to-watch-next\/#Why_Apollo_Micro_Systems_Shares_Are_Rallying_Again\" title=\"Why Apollo Micro Systems Shares Are Rallying Again\">Why Apollo Micro Systems Shares Are Rallying Again<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/apollo-micro-systems-shares-defence-stock-up-60-percent-in-2026-soars-8-percent-in-q2-rally-record-order-book-valuation-and-key-levels-to-watch-next\/#Q2_Results_Behind_Apollo_Micro_Systems_Shares\" title=\"Q2 Results Behind Apollo Micro Systems Shares\">Q2 Results Behind Apollo Micro Systems Shares<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/apollo-micro-systems-shares-defence-stock-up-60-percent-in-2026-soars-8-percent-in-q2-rally-record-order-book-valuation-and-key-levels-to-watch-next\/#Record_Order_Book_and_Guidance\" title=\"Record Order Book and Guidance\">Record Order Book and Guidance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/apollo-micro-systems-shares-defence-stock-up-60-percent-in-2026-soars-8-percent-in-q2-rally-record-order-book-valuation-and-key-levels-to-watch-next\/#Valuation_of_Apollo_Micro_Systems_Shares\" title=\"Valuation of Apollo Micro Systems Shares\">Valuation of Apollo Micro Systems Shares<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/apollo-micro-systems-shares-defence-stock-up-60-percent-in-2026-soars-8-percent-in-q2-rally-record-order-book-valuation-and-key-levels-to-watch-next\/#Technical_Levels_to_Watch_for_Apollo_Micro_Systems_Shares\" title=\"Technical Levels to Watch for Apollo Micro Systems Shares\">Technical Levels to Watch for Apollo Micro Systems Shares<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/apollo-micro-systems-shares-defence-stock-up-60-percent-in-2026-soars-8-percent-in-q2-rally-record-order-book-valuation-and-key-levels-to-watch-next\/#Risks_and_What_to_Watch_Next\" title=\"Risks and What to Watch Next\">Risks and What to Watch Next<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/apollo-micro-systems-shares-defence-stock-up-60-percent-in-2026-soars-8-percent-in-q2-rally-record-order-book-valuation-and-key-levels-to-watch-next\/#Conclusion_Apollo_Micro_Systems_Shares_Have_Results_on_Their_Side_Valuation_Against\" title=\"Conclusion: Apollo Micro Systems Shares Have Results on Their Side, Valuation Against\">Conclusion: Apollo Micro Systems Shares Have Results on Their Side, Valuation Against<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/apollo-micro-systems-shares-defence-stock-up-60-percent-in-2026-soars-8-percent-in-q2-rally-record-order-book-valuation-and-key-levels-to-watch-next\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/apollo-micro-systems-shares-defence-stock-up-60-percent-in-2026-soars-8-percent-in-q2-rally-record-order-book-valuation-and-key-levels-to-watch-next\/#Why_are_Apollo_Micro_Systems_shares_rising_on_27_Oct_2026\" title=\"Why are Apollo Micro Systems shares rising on 27 Oct 2026?\">Why are Apollo Micro Systems shares rising on 27 Oct 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/apollo-micro-systems-shares-defence-stock-up-60-percent-in-2026-soars-8-percent-in-q2-rally-record-order-book-valuation-and-key-levels-to-watch-next\/#What_were_the_Q2_FY27_results_of_Apollo_Micro_Systems\" title=\"What were the Q2 FY27 results of Apollo Micro Systems?\">What were the Q2 FY27 results of Apollo Micro Systems?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/apollo-micro-systems-shares-defence-stock-up-60-percent-in-2026-soars-8-percent-in-q2-rally-record-order-book-valuation-and-key-levels-to-watch-next\/#Is_the_60_gain_in_2026_verified\" title=\"Is the 60% gain in 2026 verified?\">Is the 60% gain in 2026 verified?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/apollo-micro-systems-shares-defence-stock-up-60-percent-in-2026-soars-8-percent-in-q2-rally-record-order-book-valuation-and-key-levels-to-watch-next\/#What_is_the_order_book_of_Apollo_Micro_Systems\" title=\"What is the order book of Apollo Micro Systems?\">What is the order book of Apollo Micro Systems?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/apollo-micro-systems-shares-defence-stock-up-60-percent-in-2026-soars-8-percent-in-q2-rally-record-order-book-valuation-and-key-levels-to-watch-next\/#Are_Apollo_Micro_Systems_shares_overvalued\" title=\"Are Apollo Micro Systems shares overvalued?\">Are Apollo Micro Systems shares overvalued?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/apollo-micro-systems-shares-defence-stock-up-60-percent-in-2026-soars-8-percent-in-q2-rally-record-order-book-valuation-and-key-levels-to-watch-next\/#What_are_the_key_technical_levels_for_Apollo_Micro_Systems_shares\" title=\"What are the key technical levels for Apollo Micro Systems shares?\">What are the key technical levels for Apollo Micro Systems shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/apollo-micro-systems-shares-defence-stock-up-60-percent-in-2026-soars-8-percent-in-q2-rally-record-order-book-valuation-and-key-levels-to-watch-next\/#What_is_the_FY27_guidance_for_Apollo_Micro_Systems\" title=\"What is the FY27 guidance for Apollo Micro Systems?\">What is the FY27 guidance for Apollo Micro Systems?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/apollo-micro-systems-shares-defence-stock-up-60-percent-in-2026-soars-8-percent-in-q2-rally-record-order-book-valuation-and-key-levels-to-watch-next\/#Is_this_article_investment_advice\" title=\"Is this article investment advice?\">Is this article investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Why_Apollo_Micro_Systems_Shares_Are_Rallying_Again\"><\/span><strong>Why Apollo Micro Systems Shares Are Rallying Again<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Apollo Micro Systems shares: session<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Open<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">High<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Low<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Close<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Volume<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Fri 23 Oct 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 388.70<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 392.75<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 363.00<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 374.75<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">87.4 lakh<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Mon 26 Oct 2026 (results day)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 390.00<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 432.00<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 389.00<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 410.90<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">5.26 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Tue 27 Oct 2026 (daily candle)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 415.80<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 447.00<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 413.80<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 437.70<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">2.84 crore<\/td>\n<\/tr>\n<\/table>\n<p>The Monday session was the results reaction for the Apollo Micro Systems share price, with volume of about 5.26 crore shares against 87.4 lakh on Friday. Apollo Micro Systems shares gapped up on Tuesday at Rs 415.80 and held above the previous close all day, which shows buyers were still active after the first jump. The daily candle shows a close of Rs 437.70, up about 6.5% on the previous close (my calculation), while the headline quotes a gain of 8.5%, which matches the intraday high rather than the close.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Track Apollo Micro Systems shares and defence stocks on Univest<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Q2_Results_Behind_Apollo_Micro_Systems_Shares\"><\/span><strong>Q2 Results Behind Apollo Micro Systems Shares<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Apollo Micro Systems shares: Rs crore<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Sep 2025<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Jun 2026<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Sep 2026<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Change vs Sep 2025 (my calculation)<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Revenue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">226.56<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">253.54<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">391.69<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">72.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">EBITDA<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">60.49<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">55.98<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">114.71<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">89.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Operating margin<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">26.85%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">22.28%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">29.55%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 2.7 percentage points<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">30.03<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">25.22<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">46.15<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">53.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">EPS (diluted, Rs)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">0.88<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">0.75<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1.32<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">50.0%<\/td>\n<\/tr>\n<\/table>\n<p>The screenshot headline says net profit rose 55.6% to Rs 48.4 crore and revenue rose 72.2% to Rs 388 crore, while the data provider series shows Rs 46.15 crore and Rs 391.69 crore. The difference probably comes from the basis, such as total profit against profit attributable to owners, but I could not confirm it. The direction is the same in both: revenue up by more than 70% and profit up by more than 50%.<\/p>\n<p>Revenue rose about 54.5% from the June 2026 quarter (my calculation), so the jump is not only a base effect. The operating margin of 29.55% is the highest of the five quarters in the table, and it is about 7 percentage points above the June quarter. Net profit grew slower than EBITDA because depreciation, interest and tax all rose with the larger business.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to set price alerts on Apollo Micro Systems shares and defence stocks.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Record_Order_Book_and_Guidance\"><\/span><strong>Record Order Book and Guidance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Apollo Micro Systems shares: order book point<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Detail<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Order book now<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,765 crore, described as a record (headline)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Order book on 8 Aug 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,704 crore consolidated (SAHI report dated 10 Aug 2026)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Cover over quarterly revenue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 4.5 times the Rs 391.69 crore quarter (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">FY27 revenue growth guidance<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">40% to 45%, excluding exports until FY28, reiterated in the 10 Aug report<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Year-end order book target<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up to Rs 4,000 crore, with a range of Rs 3,500 crore to Rs 4,000 crore in the headline<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Premier Explosives stake<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A promoter stake acquisition valued at Rs 1,550 crore, with closure expected by Q3 FY27 (same report)<\/td>\n<\/tr>\n<\/table>\n<p>The order book moved only about Rs 61 crore between 8 Aug and now (my calculation), which means the company has been executing close to the pace of new orders. To reach Rs 3,500 crore to Rs 4,000 crore by year-end, Apollo Micro Systems shares will need large fresh orders in the second half. The guidance and the Premier Explosives deal for Apollo Micro Systems shares come from a third-party report that notes it may be AI-assisted, so confirm both in the company&#8217;s filings.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Valuation_of_Apollo_Micro_Systems_Shares\"><\/span><strong>Valuation of Apollo Micro Systems Shares<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Apollo Micro Systems shares: measure<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reading (data provider)<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Comment<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price to earnings<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">116.50<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Industry level is 45.08<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price to book<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">10.06<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Book value Rs 40.88 per share<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Return on equity<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">8.60%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Low against the multiple<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Earnings per share (TTM)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 3.53<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rising with each quarter<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Debt to equity<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">0.41<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Moderate<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Market cap<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 15,282 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Mid-size defence electronics company<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Dividend yield<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">0.06%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Negligible<\/td>\n<\/tr>\n<\/table>\n<p>At about 2.6 times the industry multiple, the Apollo Micro Systems share price carries high expectations, and Apollo Micro Systems shares price in several years of fast growth. Return on equity of 8.6% is modest, so the high multiple depends on profit continuing to grow much faster than capital. The Q2 results help Apollo Micro Systems shares as a defence stock, but the trailing earnings figure still includes weaker quarters.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Technical_Levels_to_Watch_for_Apollo_Micro_Systems_Shares\"><\/span><strong>Technical Levels to Watch for Apollo Micro Systems Shares<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Apollo Micro Systems shares: level<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reading<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Meaning<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Day high<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 447.00<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">First resistance that buyers must clear<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">52-week high<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 466.50<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 4.2% above the day&#8217;s high<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">SuperTrend (10, 3)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Buy; upper band Rs 436.15, lower band Rs 354.37<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price of Rs 437 is just above the upper band<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">14-day RSI<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">57.26<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Neutral, not overbought<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">20-day EMA<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 407.70<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Close to the 26 Oct close of Rs 410.90<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Recent low<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 363.00 on 23 Oct<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A fall back toward it would cancel the results gap for Apollo Micro Systems shares<\/td>\n<\/tr>\n<\/table>\n<p>A neutral RSI of 57.26 means Apollo Micro Systems shares are not stretched after the rise, which is a point in their favour. For the rally to continue, a close above Rs 447 would be a stronger signal than an intraday touch, and a close below the 20-day EMA of Rs 407.70 would suggest the move is fading. The 52-week high of Rs 466.50 is the next reference above for Apollo Micro Systems shares. These levels are not targets or recommendations.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_and_What_to_Watch_Next\"><\/span><strong>Risks and What to Watch Next<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><strong>Valuation.<\/strong> At 116.5 times trailing earnings, Apollo Micro Systems shares have little room for disappointment.<\/li>\n<li><strong>Order inflow.<\/strong> The year-end order book target needs big wins in the second half.<\/li>\n<li><strong>Margin.<\/strong> The 29.55% operating margin is the best of five quarters, and a mix shift can reduce it.<\/li>\n<li><strong>Profit basis.<\/strong> The headline and data provider profit differ, so check the filed statements.<\/li>\n<li><strong>Defence sector sentiment.<\/strong> Each defence stock in the group can move together on policy or budget news.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion_Apollo_Micro_Systems_Shares_Have_Results_on_Their_Side_Valuation_Against\"><\/span><strong>Conclusion: Apollo Micro Systems Shares Have Results on Their Side, Valuation Against<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Apollo Micro Systems shares extended the Q2 results rally because revenue, margin and order book all improved together. The multiple is already far above the industry level, and the stock sits close to its 52-week high, so execution has to stay strong. Apollo Micro Systems shares may stay volatile around Rs 447 and Rs 407.70. Verify the filings and decide according to your own risk profile.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_are_Apollo_Micro_Systems_shares_rising_on_27_Oct_2026\"><\/span><strong>Why are Apollo Micro Systems shares rising on 27 Oct 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock extended its rally after strong September-quarter results, with revenue up about 72% and a record order book of Rs 1,765 crore. It hit Rs 447 intraday, about 8.8% above the previous close of Rs 410.90, and traded at Rs 438.10 at 11:35 AM. Prices change quickly, so check the live quote.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_the_Q2_FY27_results_of_Apollo_Micro_Systems\"><\/span><strong>What were the Q2 FY27 results of Apollo Micro Systems?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The data provider shows revenue of Rs 391.69 crore, EBITDA of Rs 114.71 crore, an operating margin of 29.55% and net profit of Rs 46.15 crore. The headline says revenue of Rs 388 crore and profit of Rs 48.4 crore. The difference is probably the basis of reporting, so check the filing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_60_gain_in_2026_verified\"><\/span><strong>Is the 60% gain in 2026 verified?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> I could not verify the 60% year-to-date figure from the daily data I retrieved, so I attribute it to the headline. What I can confirm is a gain of about 16.8% between the 23 Oct close of Rs 374.75 and the 27 Oct close of Rs 437.70, and a 52-week range of Rs 179.50 to Rs 466.50.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_order_book_of_Apollo_Micro_Systems\"><\/span><strong>What is the order book of Apollo Micro Systems?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The headline gives a record order book of Rs 1,765 crore, which is about 4.5 times the latest quarterly revenue (my calculation). A report dated 10 Aug 2026 gave Rs 1,704 crore and a target of up to Rs 4,000 crore by year-end. Check the investor presentation for the latest figure.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_Apollo_Micro_Systems_shares_overvalued\"><\/span><strong>Are Apollo Micro Systems shares overvalued?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> On trailing earnings the stock trades at 116.5 times against an industry level of 45.08, and return on equity is 8.6%. That means the price already assumes strong growth. High multiples can fall quickly if growth or margins disappoint, so risk management matters.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_technical_levels_for_Apollo_Micro_Systems_shares\"><\/span><strong>What are the key technical levels for Apollo Micro Systems shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Daily readings show an RSI of 57.26, a 20-day EMA of Rs 407.70 and a SuperTrend buy signal with bands at Rs 354.37 and Rs 436.15. The day&#8217;s high is Rs 447 and the 52-week high is Rs 466.50. These are trend readings and not targets.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_FY27_guidance_for_Apollo_Micro_Systems\"><\/span><strong>What is the FY27 guidance for Apollo Micro Systems?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> A report dated 10 Aug 2026 said the company reiterated revenue growth of 40% to 45% for FY27 and an order book target of up to Rs 4,000 crore by year-end, with exports excluded until FY28. That report notes it may be AI-assisted, so confirm the guidance in company filings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_article_investment_advice\"><\/span><strong>Is this article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why are Apollo Micro Systems shares rising on 27 Oct 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The stock extended its rally after strong September-quarter results, with revenue up about 72% and a record order book of Rs 1,765 crore. It hit Rs 447 intraday, about 8.8% above the previous close of Rs 410.90, and traded at Rs 438.10 at 11:35 AM. Prices change quickly, so check the live quote.\"}},{\"@type\":\"Question\",\"name\":\"What were the Q2 FY27 results of Apollo Micro Systems?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The data provider shows revenue of Rs 391.69 crore, EBITDA of Rs 114.71 crore, an operating margin of 29.55% and net profit of Rs 46.15 crore. The headline says revenue of Rs 388 crore and profit of Rs 48.4 crore. The difference is probably the basis of reporting, so check the filing.\"}},{\"@type\":\"Question\",\"name\":\"Is the 60% gain in 2026 verified?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"I could not verify the 60% year-to-date figure from the daily data I retrieved, so I attribute it to the headline. What I can confirm is a gain of about 16.8% between the 23 Oct close of Rs 374.75 and the 27 Oct close of Rs 437.70, and a 52-week range of Rs 179.50 to Rs 466.50.\"}},{\"@type\":\"Question\",\"name\":\"What is the order book of Apollo Micro Systems?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The headline gives a record order book of Rs 1,765 crore, which is about 4.5 times the latest quarterly revenue (my calculation). A report dated 10 Aug 2026 gave Rs 1,704 crore and a target of up to Rs 4,000 crore by year-end. Check the investor presentation for the latest figure.\"}},{\"@type\":\"Question\",\"name\":\"Are Apollo Micro Systems shares overvalued?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"On trailing earnings the stock trades at 116.5 times against an industry level of 45.08, and return on equity is 8.6%. That means the price already assumes strong growth. High multiples can fall quickly if growth or margins disappoint, so risk management matters.\"}},{\"@type\":\"Question\",\"name\":\"What are the key technical levels for Apollo Micro Systems shares?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Daily readings show an RSI of 57.26, a 20-day EMA of Rs 407.70 and a SuperTrend buy signal with bands at Rs 354.37 and Rs 436.15. The day's high is Rs 447 and the 52-week high is Rs 466.50. These are trend readings and not targets.\"}},{\"@type\":\"Question\",\"name\":\"What is the FY27 guidance for Apollo Micro Systems?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"A report dated 10 Aug 2026 said the company reiterated revenue growth of 40% to 45% for FY27 and an order book target of up to Rs 4,000 crore by year-end, with exports excluded until FY28. That report notes it may be AI-assisted, so confirm the guidance in company filings.\"}},{\"@type\":\"Question\",\"name\":\"Is this article investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Apollo Micro Systems shares rose about 8% on 27 Oct 2026 after strong Q2 results. See the profit, record order book, valuation and key levels to watch next.<\/p>\n","protected":false},"author":28,"featured_media":328024,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[16492,16493,15676,6855,16491,14917,5249,16495,535,16494],"class_list":["post-328025","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-apollo-micro-order-book","tag-apollo-micro-systems-levels","tag-apollo-micro-systems-q2-results","tag-apollo-micro-systems-share-price","tag-apollo-micro-systems-shares","tag-apollo-micro-systems-valuation","tag-defence-electronics-stocks","tag-defence-stock-rally","tag-defence-stocks","tag-smallcap-defence-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["328024"],"rank_math_title":["Apollo Micro Systems Shares Soar 8% After Q2: Key Levels"],"rank_math_description":["Apollo Micro Systems shares rose about 8% on 27 Oct 2026 after strong Q2 results. See the profit, record order book, valuation and key levels to watch next."],"rank_math_focus_keyword":["Apollo Micro Systems shares"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/apollo-micro-systems-shares-defence-stock-up-60-in-2026-soars-8-in-q2-rally.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/328025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=328025"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/328025\/revisions"}],"predecessor-version":[{"id":328026,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/328025\/revisions\/328026"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/328024"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=328025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=328025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=328025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}