What’s new

• FY26 revenue rose 49.6% to ₹30.7 cr, driven by defence orders.
• FY27 guidance is ~₹48 cr as a new Bangalore plant comes online.
• Five-year target of ₹500 cr in sales, backed by a ₹40.5 cr order book.

Why it matters

The company is moving from a ₹30 cr revenue base to a ₹48 cr target, a ~56% jump in one year. That requires the new Bangalore plant to commission and ramp up without delays. The ₹500 cr five-year vision, from a ₹30.7 cr base, is the kind of aspirational number that defines the stock's risk-reward for the next several years.

What we’re watching

• Bangalore plant commissioning and capacity ramp-up timeline.
• Conversion of the ₹40.5 cr order book into recognised revenue.
• Progress toward the ₹500 cr five-year sales target.

The full read

Apsis Aerocom grew FY26 revenue 49.6% to ₹30.7 crore on the back of defence orders. Management now targets ₹48 crore for FY27, a ~56% jump that hinges on a new Bangalore plant coming online. A five-year sales target of ₹500 crore sets a steep benchmark from a ₹30.7 crore base. The order book stands at ₹40.5 crore. The concall itself adds no new numbers beyond prior disclosures. What it does is set clear benchmarks: can the plant commission on time, and can the order book convert fast enough to hit the near-term guidance.

Primary source: NSE