APOLLO Q4 FY26 Guidance vs Delivery (APOLLO Management Mirror)

Did APOLLO's management deliver what it guided? Guidance vs actual performance and tone changes across recent earnings calls, as of the Q4 FY26 (Mar-2026 Qtr) concall.

Apollo Micro Systems Ltd (APOLLO) Q4FY26 Management Mirror - Mar-2026 Qtr

Revenue & Order Book

Management anticipates continued or accelerated revenue growth in the current financial year backed by an increasing order book, reaffirming the Dec'25 Qtr target of a 45% to 50% core business revenue CAGR over the next three years initially introduced in the Sep'25 Qtr. In the Mar'26 Qtr, the company highlighted expectations of securing a major project order at any time, following earlier Dec'25 Qtr expectations of a roughly INR 2,500 crore contract for the MOORED Mine program and impending subsystem orders. [Status: Reaffirmed]

3 more themes on the ELITE plan.