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Apollo Micro Systems Ltd

₹ 267-0.45%
06 Jan – close price
🔗apollo-micro.com•BSE: 540879•NSE: APOLLO
Market Cap₹ 9,524 Cr.
Current Price₹ 267
High / Low₹ 355
Stock P/E112
Book Value₹ 32.3
Dividend Yield0.09 %
ROCE14.5 %
ROE10.2 %
Face Value₹ 1.00
Sales₹ 669 Cr.
OPM26.0 %
Mar Cap₹ 9,524 Cr.

ABOUT

Apollo Micro Systems Ltd is a pioneer in design, development, assembly and testing of electronic and electro mechanical solutions.[1]

KEY POINTS

Service Offerings[1]AMS is a leading technology provider of high-performance, mission-critical solutions for the defence sector. The company specializes in electronic, electromechanical, and engineering design, along with the manufacturing and supply of advanced systems. It provides wide range of strategic domains, including Missile Systems, Satellite and Space Systems, Naval Systems, Avionics, and Homeland Security.It has 700+ onboard technologies and is actively involved in 150+ indigenous programs and 60 DcPP programs as a sub-system partner. It has presence in all Missile and Naval warfare programs.[2]

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsPreferential IssuanceOrder Book PositionLarge Order ReceiptsJv Partnerships AcquisitionsRevenue Guidance Vs ActualsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Hind.Aeronautics4516.0035.66302018.790.891669.0510.826628.6110.9233.8832104.7830.588469.331669.078.148.820.00
2.Bharat Electron413.1053.02301966.960.581287.1617.885792.0925.7838.8825152.1129.525695.671287.7714.0013.210.00
3.Bharat Dynamics1542.5086.4456542.270.30215.8876.191147.03110.5519.664004.0814.19654.13215.8813.414.940.00
4.Garden Reach Sh.2507.5046.6028723.910.55153.7957.301677.3845.4936.645900.309.56616.41153.7912.515.020.01
5.Data Pattern2678.6064.2414995.870.2949.1962.45307.46237.7921.00920.0433.05233.4349.199.7512.180.00
6.Zen Technologies1350.2049.3112191.000.1561.91-6.29173.57-28.2337.22808.9738.44247.2558.736.7921.380.01
7.Apollo Micro Sys266.55111.739523.630.0933.05108.25225.2640.1714.54669.0026.0485.2433.058.255.200.29
–Median: 26 Co.652.9561.585073.610.1115.6438.59130.3819.2118.09533.4321.8244.5615.648.147.670.08

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
829114858911341071351625287161225
Expenses
6367110456993841071264069128166
Operating Profit
20243813224123293612183359
Other Income
-111011-1110013
Profit before tax
9152631228121823592348
Tax %
28%31%30%40%29%30%36%29%36%33%26%30%30%
Net Profit
71018291981314371633
EPS in Rs
0.320.360.600.090.280.580.360.470.470.160.280.520.98

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
69103151201220263246203243298372562669
Expenses
5985126160171215197165198233288432495
Operating Profit
1018254149484939466484130174
Other Income
000203211-2237
Interest
35811121315161722303439
Depreciation
043466109910111517
Profit before tax
7915273133251420294584124
Net Profit
571017192914101519325785
EPS in Rs
0.390.540.731.270.921.400.670.490.700.921.121.872.63
Dividend Payout %
0%0%0%0%0%7%7%5%4%3%4%13%–

Compounded Profit Growth

10 Years:23%
5 Years:33%
3 Years:58%
TTM:79%

Compounded Sales Growth

10 Years:19%
5 Years:18%
3 Years:32%
TTM:40%

Return on Equity

10 Years:8%
5 Years:7%
3 Years:8%
Last Year:10%

Stock Price CAGR

10 Years:%
5 Years:82%
3 Years:100%
1 Year:93%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
14141414212121212121283134
Reserves
142131502352612752842993634915781,050
Borrowings
355871888710883116116144208295311
Other Liabilities
224287941216186109163165228358347
Total Liabilities
851352032464634514655305986929551,2621,742
Fixed Assets
62321302942504986106144181203
Gross Block
8.2329.5130.4933.9139.4758.4276.8684.01129.65160.07204.52257.02–
Accumulated Depreciation
2.696.639.353.9310.4216.6226.5135.2144.1154.4760.8876.20–
CWIP
12110132928375025252459109
Investments
0000000111122
Other Assets
671101722034063803784304875617861,0211,427
Total Assets
851352032464634514655305986929551,2621,742

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
–-4414-42-7347843-16-7812
Cash from Investing Activity
–-10-10-17-10964-19-23-25-35-59-93
Cash from Financing Activity
–169-1115210-3615-185113681
Net Cash Flow
–13-1401-800-000

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
213217209130190235201305205180231155
Inventory Days
155204228275391317421546597594612552
Days Payable
12416122516421268115189258195239257
Cash Conversion Cycle
243261212241369484507661544579605450
Working Capital Days
1011138352176271312374314320349258
ROCE %
–19%22%28%18%12%10%8%9%11%12%15%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Nov 2025
Promoters
59.10%59.10%59.10%52.67%53.21%53.21%55.12%55.12%55.12%55.12%50.65%50.33%52.41%
FIIs
0.65%0.12%0.17%5.27%11.01%11.14%7.42%0.19%0.74%0.93%7.16%8.94%7.83%
DIIs
2.63%3.59%3.64%3.31%0.01%0.01%0.00%0.87%0.87%0.37%1.61%1.45%1.38%
Public
37.63%37.19%37.10%38.76%35.76%35.62%37.46%43.82%43.29%43.60%40.59%39.27%38.37%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Apollo Micro Systems Confirms Demat Compliance for March 2026 Quarter

6th April 2026, 8:54 pm

Apollo Micro Systems Closes Trading Window from April 1, 2026, Ahead of Financial Results

25th March 2026, 5:39 pm

Apollo Micro Systems Shares Approved for Listing on NSE and BSE

19th March 2026, 2:11 am

Apollo Micro Systems to use Q3 FY26 investor presentation at March 16 meet

16th March 2026, 1:51 pm

Apollo Micro Systems: Investor Presentation Details for Analyst Meet

13th March 2026, 3:19 pm

Published by Other Websites

External media mentions & references

India's Defence Boom: Niche Players Power Rs 2.38 Lakh Cr Wave

14th April 2026, 6:25 am

Indian Markets Dip Amid Geopolitical Fears; Breakout Stocks Gain Traction

9th April 2026, 5:33 pm

Apollo Micro Systems Soars 11% After Successful Navy Mine Trial

9th April 2026, 4:21 pm

Apollo Micro Systems Shares Jump on Mine Trial Win, Valuation Tested

9th April 2026, 1:41 pm

Defence Stocks Surge 7%; GRSE, Mazagon Jump 19% On Mega Orders

1st April 2026, 11:23 am

News Articles

Editorial & research coverage

Apollo Micro Systems Invests ₹300 Crore in Telangana Defence Hub

20th January 2026, 7:58 pm

UNSEEN DEFENCE POWERHOUSE: Apollo Micro Systems' 105% Stock Surge Driven by Crucial "Brain" Tech!
UNSEEN DEFENCE POWERHOUSE: Apollo Micro Systems' 105% Stock Surge Driven by Crucial "Brain" Tech!

4th January 2026, 7:51 am

India's Top Firms Bag Over ₹17,000 Crore in Orders: L&T, BEL, Bharat Forge Lead Week's Deal Rush
India's Top Firms Bag Over ₹17,000 Crore in Orders: L&T, BEL, Bharat Forge Lead Week's Deal Rush

3rd January 2026, 7:57 am

Defence Stock EXPLODES: Multibagger Returns, Massive New Orders Revealed!
Defence Stock EXPLODES: Multibagger Returns, Massive New Orders Revealed!

2nd January 2026, 9:52 am

Apollo Micro Systems Defence Arm Secures ₹150 Crore Contract, Shares Jump!
Apollo Micro Systems Defence Arm Secures ₹150 Crore Contract, Shares Jump!

1st January 2026, 6:12 pm

Documents

Announcements

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

1d - Registrar's certificate under Regulation 74(5) for quarter ended 31 Dec 2025.

General Updates

2 Jan - Declared lowest bidder for INR 257.89 million Defence PSU order; execution within 18 months.

General Updates

1 Jan - Apollo Defense unit signed agreement for INR 1,500 million contract with private company on 1 Jan 2026.

Closure of Trading Window

31 Dec - Trading window closed from 1 Jan 2026 until 48 hours after Q3 (Dec 31, 2025) results announcement.

General Announcements

31 Dec - IDL Explosives won INR 4,208.96M orders (INR 4,193.96M domestic, INR 15M export) to Coal India subsidiaries.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Credit Ratings

Rating update

5 Sep 2025 from smera

Rating update

15 Jul 2025 from smera

Rating update

25 Jun 2025 from smera

Rating update

30 Mar 2024 from smera

Rating update

6 Jul 2023 from smera

Rating update

2 Sep 2022 from smera

Concalls

Nov 2025

TranscriptPPTRecording

Aug 2025

TranscriptPPTRecording

May 2025

TranscriptPPTRecording

May 2025

PPT

Feb 2025

TranscriptPPT

Dec 2024

PPT

Nov 2024

PPTRecording

Aug 2024

PPT

May 2024

PPT

Nov 2023

PPT

Sep 2023

PPT

May 2023

PPT

Nov 2018

Transcript

Stock Analysis

Description

  1. Apollo Micro Systems Ltd is a pioneer in design, development, assembly, and testing of electronic and electro-mechanical solutions, primarily for the defence sector.

Key Growth Triggers

  1. Strength in the defence sector, aligned with 'Atmanirbhar Bharat' and 'Make in India' initiatives.
  2. Strategic growth through acquisitions like IDL Explosives Ltd.
  3. Ongoing R&D investments and focus on high-complexity defence projects.
  4. Secured export orders and expansion into advanced technologies like Directed Energy Weapons (DEW) systems.
  5. Management guidance projecting a 45-50% revenue CAGR for FY26-27.

Order Book

  1. Order Book: October 2025 = INR 184.33 Million secured from DRDO, Defense PSUs, and private companies.
  2. Order Book: November 2025 = INR 340.96 million secured from DRDO and Defense PSU.
  3. Order Book: December 2025 = INR 1,002.47 million for Unmanned Aerial Systems from a private company to Ministry of Defence.
  4. Order Book: December 2025 = INR 4,208.96 Million (approx. ₹420.9 Cr) for bulk explosives and cartridge explosives from Coal India subsidiaries for IDL Explosives.

Key Red Flags

  1. Stock trading at 8.25 times its book value.
  2. Company has a low return on equity of 8.10% over the last 3 years.
  3. Promoters have pledged or encumbered 32.3% of their holding.
  4. Company has high debtors of 155 days.

Key Dates To Watch

  1. January 9, 2026: Listing and admission to dealings of 1.21 crore equity shares from preferential issue.

Corporate Announcements

6th Apr 26
Impact Rating: 3
The company confirmed non-applicability of SEBI's Regulation 74(5) for the quarter ended March 31, 2026. This follows a certificate from its registrar stating all shares are held in demat form and no rematerialization occurred.
25th Mar 26
Impact Rating: 5
In compliance with SEBI, Apollo Micro Systems Limited closes its trading window on April 1, 2026. This closure lasts until 48 hours post-announcement of audited financial results for the quarter and year ending March 31, 2026.
18th Mar 26
Impact Rating: 7
Apollo Micro Systems announced NSE and BSE granted trading approval for 11,696 equity shares issued at Rs. 114 each via preferential allotment. These shares will be listed and start trading from March 19, 2026.
16th Mar 26
Impact Rating: 5
Apollo Micro Systems Limited informed exchanges that the investor presentation for the quarter ended December 31, 2025, will be presented at the Analyst/Institutional Investor Meet scheduled for March 16, 2026.
13th Mar 26
Impact Rating: 5
Apollo Micro Systems Limited announced the investor presentation for the quarter ended December 31, 2025, will be presented at the Analyst/Institutional Investor Meet scheduled for March 13, 2026.